American Scientific Resources (ASFX)

[dannol48]

Christy, respectfully, you changed the subject to ask new questions. I will give those questions a look over the next few days (haven't forgotten), as this Monday had alot of extended reporters file by the 5:30 PM ET deadline; and I'm very busy in review of alot of very bad reports and only a few of interest (like ASFX).

However, my original subject was your projection which didn't happen. Was just curious if those one-time were the influence for those $6M Q3 and $12M TYD loss totals you projected. You can always shoot the messenger with a "positive thought" and not pay attention to the one-times that appear to have at least influenced your model. Issuance of new options post a reverse split that pretty much wipes any old isn't abnormal (IMO).

Yes, I did see the amendment after the Q2 that revised Q1 with the derivative adjustments that appear to also be corrected in Q2. Might be the auditor or good financial advisor gave them the advise on correction at mid-year. The R/S may also have something to do with the adjustments, so I'll look.

The $2.3M gain you noted might be due to that offset for extinguishment for debt of $2.2M. I did see some notes revised/reissued in my first pass of the report, and that would be my first guess without a hard look. I'll give that some attention too.

Oh, and I don't look to facebook for material information or advise on stocks, TY. However, I do appreciate those with reliable information.