American Scientific Resources (ASFX)

[Christy from Google]

TY dannol48 for providing MORE evidence of FRAUD.

Your use of “The progress”, “record topline”, “restoration of gross profits”, “improving cashflow” in regards to the Sept 2011 10Q, is not the message that ASFX Management is telling the investing public.

What the investing public is hearing from ASFX Management, via the 10Q, is the following:

“While ASFX is progressing, having record sales with decreasing margins of over 50%, and slightly improving cash flow, it’s CLEARLY not enough to address our need to raise $3,000,000 and stop our massive losses of over $15 – $20 MILLION since Sept 2009. In fact, we are NOT EVEN CLOSE. We have issued our common stock at an alarming rate, over the past 81 days with no end in sight. This dilution is a 10% increase, PER WEEK, since Aug 29th.”

Compounding the OS at, 10% per week, makes the ”record sales with decreasing margins of over 50% “, seem very WEAK. In fact, at this rate, within a year, the OS will be 4 BILLION. If you require PROOF of “NOT EVEN CLOSE”, then please ASK.

The WARNINGS from Management have been too numerous to just disregard as simple “boilerplate”. Add in the WARNINGS of DOG and MINT, and I’d say the three of them have been RIGHT all along. Current shareholders should have listened to the dire warnings of the ASFX BODs, plus Dog and MINT, since Sept 2009. And nothing to date has SIGNIFICANTLY changed since then.Not “progress”, “record top lines”, “gross profits” and/or “cash flows”.

In the meantime, despite what the fraudulent forces attempt to do, the WARNINGS from ASFX Management, Dog and Mint have all come true.

Thanks for responding, I'm sorry I only have "1 post per day".