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ASFX.PK

Started by sir_joke, August 08, 2008, 11:17:45 AM

Previous topic - Next topic

relaxed137

4Q financials should be out this week.  When they hit, stock will rebound nicely back to .004 or higher.

setravis

Volume alert...
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis


setravis

and here is the updated chart look...
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

Check it out.......
this stock is going to fly soon  ;)
Great Chart  ;D

52wk Range: 0.01 - 0.29
Volume: 62,115,454
Avg Vol (3m): 659,559
 
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

Current Situation On ASFX

ASFX's current situation. Good info from another board.

(a) Barrington Ventures (BV Medical) had sold outside of their 'professional' agreement and sold units to QVC and Costco Online and Walmart. Their contract with Tecnimed states that if you breach the contract, you owe 50% of the proceeds to the person who had the rights.
(b) Exergen filed a patent infringement lawsuit
(c) KidzMedz filed a lawsuit against Technimed for breach of contract (because of BV Medical)
(d) The company was almost broke because Walgreens was withholding payment because of (c)
(e) the company had to issue 300+M shares into the float to pay its bills.

What has happened in the first quarter of 2009 since then is

(a) KidzMedz and Tecnimed have made up.
(b) ASFX has received payment from Walgreens and is bringing in about $50k a month from Walgreens and Babies-R-Us
(c) Babies-R-Us has ordered twice in large quantities and continues to order on a weekly/monthly basis.
(d) ASFX and Tecnimed are co-fighting the exergen suit
(e) There are 2 new board members. Some of us believe that Mr. Reznik is one of the note holders and has a seat on the board in order to steer the company toward higher profits.
(f) There was a shareholder meeting in New York
(g) there was public talk of uplisting in recent PR's
(h) Swine Flu - Huge orders online for Thermofocus from ASFX over the past 45 days.

Primarily due to the BV Medical thing that happened last year, the company had a hard time paying its bills. During the settlement it reached with Tecnimed, it was relieved from all penalties and interest that it owed Tecnimed for product. The court case has been posted on the board a few times. ASFX does owe Tecnimed about $1M and is currently paying Tecnimed up-front for the cost of thermometers and is giving them 50% of all profits in order to pay back inventory costs. I believe ASFX must have found some way to satisfy its creditors in order to keep in business, and has worked out a payment plan.
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

sir_joke

expect filing by June 30th. This company is real and not worthy of the crap that it is being dealt by Knight and others in the off-shore selling accounts.

I'm invested heavily. And I have confidence that this investment is and will be sound for the future.

Not trading... but investing.

cheers,
SJ

sir_joke

by the way... anyone who wants to argue the trading capablilities of this stock ought to have been paying attenion because a 4500% gain from $.0002 to $.014 is perfectly with in the realms of happening again.


$.0032 to $.05.... get ready for it.

cheers,
SJ

sir_joke

volume picking up again forshadowing a meteoric rise to target of $.05 from current start today of $.0023.  This is not one to miss either as a trade or an investment.

cheers,
SJ

sir_joke


setravis

Back on the rise!
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis


sir_joke

ASFX has gone from retail distributor to owner and manufacturer....

current consolidation at $.023 range on solid volume without news or pumping.

Next leg up to $.10.

cheers,
SJ

setravis

Thanks for the update!
let's rock and roll,
make some dough $$$ 8) ;) :D ;D
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

sir_joke

investment information
http://www.beaconequity.com/technical-trading-overview-for-american-scientific-resources-inc-asfx-2/



Technical Trading Overview for American Scientific Resources Inc. (ASFX)
Submitted by BeaconEquity.com on Wednesday, 18 November 2009No Comment
American Scientific Resources Inc. (OTC PK: ASFX)
American Scientific Resources Inc. (ASFX) engages in the acquisition of medical product lines and health care supplements that are successfully sold overseas, and introduce these products in North America. Its products include Heart Smart Foundation Formula, Kidz-Med Thermofocus 5-in-1, Ultrasonic Nebulizer, ScaldSafe Bath Thermometer, Children's Chewable 100% All Natural Multi Vitamin, Medicine Dispenser, Whistle WatchTM, Mommy Recorder, Dr. Bip's New Baby Tips DVD, A Hospital Trip with Dr. Bip DVD and Wee Target.

Its wholly owned subsidiaries include Kidz-Med Inc. and Heart Smart Systems. Additionally, the Company offers a patient-operated blood-sampling device called Autolet, which monitors blood glucose levels. The Company's distribution network includes retail pharmacies, medical suppliers, infomercials and the Internet.

The Company is headquartered in Weston, Florida.

Share Statistics (17-Nov-09)

FY

2007

FY

2008

%

Chg

Q3 2008

Q3 2009

%

Chg

Symbol   
ASFX

Revenue, $Mn   
n/a

n/a

n/a

n/a

n/a

n/a

Current price   
$0.0231

Gross marg.   
n/a

n/a

n/a

n/a

n/a

n/a

52wk Range:   
$0.00-0.23

Oper. margin   
n/a

n/a

n/a

n/a

n/a

n/a

Avg Vol (3m):   
13,673,774

Net margin   
n/a

n/a

n/a

n/a

n/a

n/a

Market Cap.   
7.71M

Dil. Shares Outst.   
n/a

EPS, $   
n/a

n/a

n/a

n/a

n/a

n/a

Source: Reuters.com, SEC Filings.

Financial Summary
Financial Strength (17-Nov-2009)   Company   Industry   Sector   S&P 500
Quick Ratio (MRQ)   n/a   1.55   2.56   0.83
Current Ratio (MRQ)   n/a   1.90   3.06   0.98
Long-Term Debt to Equity(MRQ)   n/a   215.73   26.98   131.04
Total Debt to Equity (MRQ)   n/a   262.13   34.79   202.25
Source: Reuters.com, SEC Filings.


Analyst Consensus


No analyst rates shares of ASFX at this time.

Investment Highlights

Medical Device Market & Trend

The United States and Europe are the two largest markets of medical devices, with the United States ranking No. 1 at approximately $80 billion in 2005, according to research firm, Themedica.

Demographics of the U.S. and Europe reveal that approximately 25,000 individuals will turn 60 years old each day for the next 20 years. As the population of aged individuals grows, the demand for small medical devices is expected to be grow as well. Socialized medical systems of Europe and the present third-party payer system of Medicare will provide the industry financial stability over the long term.

A recent survey released in the first quarter of 2009 showed that 56% of medical device makers intend to increase spending through the next 12 months, 20% expect no change in procurements. Nearly one in three buyers of medical devices is actively seeking partnerships with suppliers to reduce costs and to stretch working capital.

Competition within the industry is rising, with more multinational companies expanding into each significant market throughout the world. Multinational market penetration, mergers, joint ventures and acquisitions are expected to increase over time. Larger device makers are exploring smaller developing markets to fund future growth in anticipation of rapid growth in the emerging market space. The recent announcement on September 28 that Aspect Medical Systems (NASDAQ: ASPM) accepted a tender offer of $210 million by Irish health care tech company Covidien is the most recent example of the expected trend toward M&A activity in the sector.

Company's Thermofocus(TM) Product

The Company's products are established money-makers, including Thermofocus, its lead product that has been proved to be as accurate as ear and rectal thermometers. The Thermofocus is state-of-the-art technology designed to record accurate temperatures without touching the skin. This seemingly negligible benefit provides an important feature to parents who can now monitor their sleeping children without awakening them. The Thermofocus can also gauge the temperature of baby formula and other inanimate objects.

The Disintegrator and Disintegrator Plus Products

On September 14, the Company announced the purchase of the intellectual property rights to the Disintegrator and Disintegrator Plus, the only Food and Drug Administrator (FDA) approved needle destruction device for home use, as well as approved by the Environmental Protection agency (EPA) and American Diabetes Association.

Except within the European Union, the rights for the Disintegrator and Disintegrator Plus were acquired from Safeguard Medical Technologies, including current contracts, future sales, and further development of the device.

In a news release, the Company stated it plans to launch the Disintegrator and Disintegrator Plus during the fourth quarter of 2009. By the close of 2009, the Company plans to ramp production to more than 25,000 units each month.

The Company also announced the appointment of Safeguard's chief executive officer Jason Roth to senior vice president and director of Business Development of the Company. Roth brings to the Company experience of launching multinational brands, which generated more than $300 million worldwide.

Technical Analysis




Source: http://stockcharts.com/h-sc/ui?s=ASFX

ASFX trades above its 13-day moving average. This bullish sign is significant because the 13-day moving average is sloped upwardly as well.

The MACD for ASFX currently indicates a bullish signal. The MACD is above the signal line, a 9-day moving average of the MACD. The MACD is, however, below the critical level of 0, which implies the past price action had been negative. Overall, the chart is bullish.

Comparative Analysis


Company Name

Ticker

Price per

Mrkt. Cap.

P/E

P/S

Nov-17-2009

symbol

Share, $

$ Mn

2009

2010

2009

2010

McKesson Corp.   
MCK

64.30

17,230

20.76

13.51

0.16

n/a

Cardinal Health Inc.   
CAH

31.46

11,300

13.14

14.37

0.11

n/a

PSS World Medical Inc.   
PSSI

20.98

1,230

17.54

15.20

0.60

n/a

Owens & Minor Inc.   
OMI

40.45

1,670

18.24

13.95

0.21

n/a

Medical Instruments Median   



18.70

n/a

2.16

n/a

American Scientific Resources Inc.   
ASFX

0.0231

7.71

n/a

n/a

8.80

n/a

Source: Thomson Financial



Insider Trading Activity


NET SHARES PURCHSE ACTIVITY

Inside Purchases - Last 6 Months

Shares

Transaction

Purchases   
n/a

n/a

Sales   
n/a

n/a

Net Shares Purchased (Sold)   
n/a

n/a

Total Insider Shares Held   
n/a

n/a

% Net Shares Purchased (Sold)   
n/a

n/a

Net Institutional Purchases - Prior Qtr to Latest Qtr

Shares

Net Shares Purchased (Sold)   
n/a

% Change in Institutional Shares Held   
n/a


Source: Yahoo Finance

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