Replies to post #56975 on American Scientific Resources (ASFX)

[totffe]

I don't get it. What did they buy? Those items are available from any number of sources now. Have been for a long time. Nothing special about needle destructors and non contact thermometers. Did they also buy the shell?

[totffe]

This is just beautiful. In January of 2016, Red Hawk bought the NDD and the Thermometer. Their stock was was below .01. They then proceeded to run the price, in a few short months, to over .04, I guess using the same hype that ASFX used 6 years earlier to run their own price from trips to .07 on the same product hype. And I missed it. Damn. So now they have had their fun with those products, and Red Hawk is irrelevant, unless they come up with something else. They currently have nothing to do with ASFX. We are back to square one, and it is still a good scenario; a debt free shell, out of BK with a very low S/S. I can't stop laughing (mostly at myself) that these clowns pulled it off twice with the same tactic, same tired devices. I guess we just wait and see who will show up and do some magic with our little empty gem.

Check out the chart of Red Hawk beginning in Jan 2016 when they bought those cool devices.