Replies to post #27846 on American Security Resources Corp. (ARSC)

[toohip4u]

ummm Tell me how a company can take Restrickted shares and dump them in a float with out first filling with the SEc...

pls explain... dosnt it sound logical for ANY company to do that with out first filling with the SEC...

[PIRATE1]

I think there planning a reverse split. I also think if they do it right share holders could make a big profit! If they did a r/s 1 for 20 that would make the float a little over 600,000, a much better situation. Say u had 1,000,000 shares, u would end up with 50,000. Assuming they are a viable company, and their product is ligit, if they did the r/s, then after came out with production news if it just went to a quarter, that 50,000 shares would be $12,500. Just think if it went to a dollar!!!! That would be a exellent return for a $2000 investment. I have 15,000,000 shares if it went down anything like this, I WOULD BE PLEASED!!!
I WOULD LOVE TO HEAR SOME OPINIONS!