American Scientific Resources (ASFX)

[makeamint2]

Doggone, we have always had a difference of opinion on this. But always respectfully so. I don't believe that the NDD has any real significant potential, however it can be a niche product. Maybe a $1 million a year...however in my opinion its a dead item now.

The thermometer has some viability but unfortunately there is no one in the company that has the skill set to make that happen. The cost architecture is really a private label model but they have strangled the P&L by treating it as a premium branded product.

The single biggest issue is the lack of qualified and competent management and the incredibly wasteful spending.

Best case scenario, this could have been a 5 to 10 million $ company but the real revenue potential has never been exploited. They simply do not know what to do.

The debt deals are atrocious, the total hypothecation of A/R and inventory is out of a horror movie.

People on here keep referring to this as a new or nascent company. This board is 5 years old.