American Scientific Resources (ASFX)

[makeamint2]

there have been a few one or two day run ups like this in the past 2 years, The last was 12.28.2011..shot up to .02 and lost all plus some more within 3 weeks. From what i have tracked the run ups coincide with a registration of common shares borne out of a whole bunch of Death Spiral Convertible debentures (check the (13g filing with the SEC). To me that would indicate that they are pumping up and then dumping a whole bunch of share which of course dilutes everyone. This is in my opinion a great opportunity to sell off shares if you are holding any.

Stock has lost 99% of its value in the last 9 months after a 1:200 reverse split. Outstanding shares have about tripled since the reverse split.