American Scientific Resources Updates and Clarifies Capital Structure Disclosure
12 Giugno 2008 - 3:33PM
Marketwired
WESTON, FL 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: AudioStocks.com Ronald Garner Investor Hotline:
760-692-1167
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