Bill - switch me to ASFX for now. Still like CTEI and LBWR but neither are generating enough volume for now.
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Noticed I recently got back in on ASFX at .0065. May try to pick up a little more as it seems to have stabilized here around .007. Interesting PR's came out which moved it as high as .025 and then profit-taking.
I sold out as indicated in prior post due to share count. However, the company is claiming that the information is incorrect and the share count is lower.
Again, nice products but I'm wary. The volume/chart looks like dilution but here are the company PR's and it may be worth another shot for those looking at sub-penny gambles.
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American Scientific Resources Updates and Clarifies Capital Structure Disclosure
Thursday June 12, 9:33 am ET
WESTON, FL--(MARKET WIRE)--Jun 12, 2008 -- American Scientific Resources, Inc. (Other OTC:ASFX.PK - News) today, updating its earlier press release of June 11, 2008, announced that it wished to clarify any confusion that may exist in the marketplace as to its capital structure. It had come to the attention of the Company that an inadvertent miscommunication on the part of the Company's transfer agent and an erroneous previous press release had caused confusion among some of ASFX's shareholders. The Company's advisory team has determined it necessary to update the investment community as to the correct share structure of the Company.
Dr. Christopher F. Tirotta, CEO of American Scientific Resources, Inc., states, "Due to incorrect information, the Company would like to confirm that it is authorized to issue 250,000,000 shares of common stock. There are 139,238,026 shares issued and outstanding and 35,011,462 free trading as of June 11, 2008. Additionally, there are 333 active holders."
The company further wishes to assure investors that steps were taken with the transfer agent and the Company to assure that such miscommunications do not occur again in the future.
In an interview conducted by Audiostocks.com on April 15th, "Doctor & CEO of Health and Safety Products Company Discusses Corporate Wellbeing," Dr. Tirotta provided his unique perspective on the Company's history and development as well as a broad overview of the Company's objectives. The exclusive interview is available only at AudioStocks.com.
The Company recently announced record sales for Q1 2008 and disclosed 4 previous years of audited financials (years 2004 through 2007) on PinkSheets.com.
About American Scientific Resources, Inc.
American Scientific Resources, Inc. is a leading provider of innovative next-generation, health, medical, and safety products distributed primarily through nationwide medical suppliers, infomercials and on-line sites. Additional information about ASFX may be found at www.americansci.com.
Safe Harbor
This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
Contact:
Contact:
AudioStocks.com
Ronald Garner
Investor Hotline:
760-692-1167
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American Scientific Resources Pursues Multi-Million Dollar Financing; Retains Ideal Management Corp.
Tuesday June 17, 7:29 am ET
WESTON, Fla., June 17 /PRNewswire-FirstCall/ -- American Scientific Resources (Pink Sheets: ASFX - News; kidzmed.com) today announced that they have retained the services of Ideal Management Corp., (http://www.idealcorporatefunding.com) a prestigious corporate financing entity, to secure a multi-million dollar line of credit which would fund the purchasing of inventory and AR financing for the Company's subsidiary, Kidz-Med, (http://www.kidzmed.com) a leading provider of innovative health and safety devices for children.
Ideal Management is proposing that the flexible funding that is being sought by the Company will not only increase its credit ratings with suppliers, but it will also substantially allow potential large customers to feel comfortable and confident that ASFX can and will deliver on any and all contracts and purchase orders.
Dr. Christopher F. Tirotta, CEO of American Scientific Resources, Inc. said, "We are pleased to have joined forces with Ideal Management, and are looking forward to the possibility of securing financing which would enable ASFX to take its business strategies to an advanced level."
"In addition to marketing our current products, we are speaking with various overseas companies that have innovative health and safety products that we feel would fit the needs of the U.S. parent or caregiver in making their lives easier, safer and happier. The financing would enable us to negotiate substantially with these successful companies," continued Tirotta.
About Ideal Management Corporation, Inc.
In 1992, Ideal Management, Inc. was formed focusing its efforts on corporate funding needs. Uniquely suited to create lending solutions for businesses needing anywhere from $500,000 dollars to $100MM dollars, for the past sixteen years Ideal has enabled thousands of its clients to jump-start their growth and development by delivering short term transaction financing.
About American Scientific Resources, Inc.
American Scientific Resources, Inc. is a leading provider of innovative health and safety products through its Kidz-Med, Inc. and Heart Smart System, Inc. subsidiaries kidzmed.com and heartsmartsystem.com. Kidz-Med distributes unique health and safety-related pediatric products, including the Kidz-Med Thermofocus® 5-in-1, the world's first clinical non-contact thermometer. Heart Smart supplies nutraceutical supplements developed to aid in the prevention of cardiovascular disease. For additional information, visit the corporate web site, americansci.com.
Notice Regarding Forward-Looking Statements
Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties, and other unknown factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms "believes," "belief," "expects", "intends", "anticipates", "will", or "plans" to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's reports and registration statements filed with Securities and Exchange Commission.
Contact
AudioStocks.com
Ronald Garner
Investor Hotline:
760-692-1167
ron@audiostocks.com
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As Part of National Safety Month, BioGold Fuels Corporation Warns Against Waste Hazards
Friday June 20, 9:00 am ET
LOS ANGELES, June 20 /PRNewswire-FirstCall/ -- More than 32 million workers are exposed to 650,000 hazardous chemicals in more than 3 million workplaces. And hundreds of new chemical products are introduced every year, each with its own particular health and physical hazards. (Source nsc.org)
Every day, Americans in varying occupations deal directly or indirectly with exposure to biowaste, chemicals, poisons, noxious substances, irritants, broken glass, scrap metal, needle sticks and more.
In the case of solvents alone, risks to exposure include toxicity to the nervous system, reproductive damage, liver and kidney damage, respiratory impairment, cancer, and dermatitis. (Source OSHA: osha.gov
BioGold Fuels Corporation (OTC Bulletin Board: BIFC - News) specializes in the treatment of industrial and household waste materials for the conversion of said materials into energy. The company is pleased to lend its expertise to helping American Scientific Resources, Inc. (Pink Sheets: ASFX - News) salute the National Safety Council (NSC) in its efforts to promote National Safety Month. BioGold Fuels Corporation will help raise awareness about National Safety Month via press releases, interviews, articles and the AudioStocks.com Newsletter.
"People don't realize that the things they throw away can cause serious injuries. These items can harm the trash hauler, recycling personnel, and can even come back to harm the community in general. For example, average household products contain many harmful chemicals that can end up soaking into groundwater supplies. In California, many people are unaware that materials they use to wash their car or fertilize their yard can end up polluting our local beaches when it rains," said Chris Barsness, BioGold Fuels Chief Financial Officer. "BioGold continues to focus on educating the public that we can't keep being a throw-away society. We believe that our process of utilizing the energy value within waste is just the first step in cleaning up our environment."
Employers must take care to protect their workers from exposure. OSHA and NSC provide numerous documents to help in this regard.
For example the National Safety Council provides courses covering topics such as:
-- How to determine if hazardous chemicals are present in your workplace
-- Steps for setting up an effective hazard communication program
-- Guidelines for labeling hazardous chemicals
-- Using Material Safety Data Sheets (MSDS) to evaluate hazardous chemical exposures
-- Promoting responsibility for initial and ongoing hazard communication activities
Homeowners too should be aware that seemingly ordinary household products can have potentially long-term effects when handled improperly and therefore should take precautions to protect family members and pets.
For additional information about these National Safety Month and related subjects visit nsc.org, osha.gov and biogoldfuels.com.
About the National Safety Council
The National Safety Council is a 501 (c) (3) non-for-profit, charitable, international public service organization dedicated to educating and influencing people to prevent accidental injuries and deaths.
Founded in 1913 and chartered by the U.S. Congress in 1953, the NSC is the only organization promoting safety in the workplace, in transportation, and in homes and communities.
The National Safety Council serves as the nation's leading resource on industry trends, professional development, and strategies for advancing safety and health programs and practices. The Council is active in converting injury research and trends information into injury prevention education, training, consultation and advocacy leadership.
About OSHA
The Occupational Safety and Health Administration's mission is to prevent work-related injuries, illnesses, and deaths. Since the agency was created in 1971, occupational deaths have been cut by 62% and injuries have declined by 42%.
About BioGold Fuels(TM) Corporation
BioGold Fuels(TM) Corporation is seeking to develop, acquire, license and commercialize patented and proprietary technologies that its management believes will allow a significant amount of municipal solid waste to be recycled into electricity, synthetic diesel fuel and other renewable fuels to address the multi-billion dollar renewable fuels market in the United States and the world. A major component of municipal solid waste is paper-based material, hydrocarbon-based material, and other high-energy value feedstocks. BioGold's multi-fuel processing facilities will take all forms of waste into one facility, while providing a green source of renewable fuels.
Contact:
AudioStocks.com
Ronald Garner
Investor Hotline: 760-692-1167
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American Scientific Resources, Inc. Discloses Reviewed Financials
Monday June 23, 11:14 am ET
Company Q1 2008 reviewed financials available on Pinksheets.com
WESTON, Fla., June 23 /PRNewswire-FirstCall/ -- American Scientific Resources, Inc. (http://www.americansci.com/) (Pink Sheets: ASFX - News) is pleased to announce that its reviewed Q1 2008 financials are now available on www.pinksheets.com in its continued effort to help maintain awareness within the investment community and assist shareholders and potential investors with due diligence.
The Company's audited financials for 2004, 2005, 2006 and 2007 (http://www.americansci.com/cgi-bin/news.pl?record=48) were recently posted, and can also be found on www.pinksheets.com.
American Scientific Resources, Inc. is a holding company for wholly owned subsidiaries, Kidz-Med, Inc. (http://www.kidzmed.com/) and Heart Smart, Inc. (http://www.heartsmartsystem.com/) American Scientific's objective is to locate, acquire and promote innovative health and safety products (http://www.kidzmed.com/p-17-thermofocus-5-in-1-infrared-thermometer.aspx) that are successfully sold abroad, but that have not yet been introduced to the North American market.
Dr. Christopher Tirotta, CEO of American Scientific Resources, found the Thermofocus® 5-in-1 non-contact thermometer at a European medical convention in 2004, immediately recognized it as a revolutionary and unique device, commenced discussions with the manufacturer and became the U.S. distributor for the Thermofocus® 5-in-1. It is billed as the first non-contact, clinical thermometer in the world.
The thermometer has absolutely no contact with the skin, and gives an accurate (as accurate as rectal or ear) reading in less than a second. Thermofocus® 5-in-1 has been recommended by doctors and pediatricians throughout the UK, Europe and Asia and has even been used by medical personnel in Asia during the SARS epidemic. (See BBC article: news.bbc.co.uk In addition, the Company has already placed the product at more than 6,200 Walgreen stores (http://www.americansci.com/cgi-bin/news.pl?record=37) across the country.
Dr. Tirotta said, "The Company is on the brink of achieving its goal of being the nationwide distributor of choice when it comes to innovative child health and safety products. Based upon the achievements we've made (http://www.americansci.com/cgi-bin/news.pl?record=41) within a few months, we are hopeful that the Company's advancements reinforce why we provide a unique and fruitful opportunity to potential investors and current stockholders."
About American Scientific Resources, Inc.
American Scientific Resources, Inc. is a leading provider of innovative next-generation, health, medical, and safety products distributed primarily through nationwide medical suppliers, infomercials and on-line sites. Additional information about ASFX may be found at www.americansci.com.
Safe Harbor
This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
Contact:
AudioStocks.com
Ronald Garner
Investor Hotline: 760-692-1167 |
