American Scientific Resources (ASFX)

[Christy from Google]

Expect 2011 YTD losses to exceed 12 Million Bucks, with the 3 months ending 09/30/11 to exceed 6 Million BUCKS. The Hit to the Bottom line on just the "Anti-dilution" agreements will be amazing.

IMHO the 3rd QTR 10Q will be a disaster. Its the reason for the MAJOR Sell-off since the Uplisting. Not even the Uplisting, could off-set the dismal 3rd Qtr performance.

Down 75% since Uplisting, SOMETHING is seriously wrong with this Bankrupt Balance Sheet.

They need a BOATLAOD of PRs, just one, will not save this sinking ship.

IMHO, buying this stock is insanity. The 10Q is ready, so just release the thing and get it over with. Releasing any PR BEFORE the 10Q, will accomplish nothing. Unless someone is "buying more time" to DUMP their shares.

Just get the BAD NEWS out. But Transparencey has never been a strong suit of this Company. .000125, Pre split is a JOKE IMHO.

It appears to be OVER, since the anticipated affect of the Uplisting didn't happen. AND IN FACT, the opposite occured. Instutional Investors turn their backs on ASFX with a simple "Thanks, but No Thanks!!!!!!" Seriously what do you expect when the Company doesn't even have a Full-time employee. All are getting a "Cash" paycheck from another Company, even the CEO.

Expect the total assets to be less than $300,000 by year end (after the Complete Write-off of the 2009 deal), with liabiliies exceding $20 Million. Like I said, its INSANITY.