Replies to post #52691 on American Scientific Resources (ASFX)

[dannol48]

You pointed at the 8-K on file. That is the MATERIAL EVENT with disclosure.

I disagree that a conversion is a material event under SEC reporting requirements, plain and simple. As you noted, the conversion was in the report, and that is IT'S reporting requirement.

There is nothing wrong with how and when they reported. I and other investors may not like conversions, but that's not an unexpected event in the normal sense. The material impact of conversion was already on the record in filing the 8-K. I saw it. It doesn't change my opinion of interest in the company.