Replies to post #47537 on American Scientific Resources (ASFX)

[Christy from Google]

"No member of management is currently required by us to work on a full time basis, although our Chief Executive Officer currently devotes fulltime to us. Accordingly, certain conflicts of interest may arise between us and our officer(s) and director(s) in that they may have other business interests in the future to which they devote their attention, and they may be expected to continue to do so although management time must also be devoted to our business. As a result, conflicts of interest may arise that can be resolved only through their exercise of such
judgment as is consistent with each officer's understanding of his/her fiduciary duties to us."

The Dr is the CEO, and Roth is the only other officer. The CFO was fired/resigned in Nov 2010. And Roth has no clause in his employment contract which prevents him from operating his other business entities. He can come and go as he pleases. Most people need a paycheck of some kind, and he's not getting a paycheck currently from ASFX.

But Dr Chris may be lying to the SEC with the above disclosure. I don't think so.