American Scientific Resources (ASFX)

[makeamint2]

Hey Dog! It's somehow fitting that the ASR clown car blew up on the day before opening day of spring training.

I am bemused by the flailing around of ASR's management and their acolytes. They are trying to find a way, no matter how absurd, to spin this as something other than what I believe any clear thinking, credible and straightforward individual would see it as; A massive fraud perpetrated against the common stockholders by management and their abuse of their position and their self serving manipulation of the capital structure, particularly their self issuance of preferred stock.

I now get why Roth surrendered his preferred, in my opinion, an ill advised effort to inoculate himself from the fallout from what, again in my opinion is an obviously premeditated scheme...just saying.

I'm off to the ball park and to enjoy this great late winter Florida weather.