American Scientific Resources (ASFX)

[makeamint2]

that is good news on the pup.

I understand your question I just dont see how, why or with what it could convert. The Brooklands move effectively ended any relationship between ASFX assets and the company.

In laymens terms; Brooklands has no connection to ASFX. While the two perpetrators of the theft, which is what my opinion is of what the bulk transfer (please look up that term)was in effect, the two individuals and their interest are apart and away from ASFX.

The Involuntary CH 7 was filed by certain investors hoping that the bankruptcy court would in effect act as their attorney and by using their resources and wide ranging powers, they would unwind the transaction. I was honestly surprised that the serious investors here didn't try to align themselves with that and attempt to file an "Amicus Brief" adding weight to the claim. However an AB requires written consent of all the parties and I can only assume that everyone had some slime on their hands and probably didnt want any friends of the court (literal translation of AB)getting involved.

The move to try and convert was in my opinion a reasonable measure but when the trustee said he had to be paid, it was withdrawn.

Im not doing anything other than giving you straight vanilla. I personally I see no way out. But there is always hope. Personally I salvaged 40 cents on the dollar of my losses via a Schedule D. So $20k became $12k. Thanks for your concern but I am fine.