WESTON, Fla., Jan. 14, 2011 /PRNewswire/ — American
Scientific Resources, Inc. (the “Company” or “ASR”)
(Pink Sheets:
ASFX) wishes to announces that its Form S-1 Resale Registration
Statement, a copy of which is available at www.sec.gov, has
been declared effective by the United States Securities and
Exchange Commission. The effective Registration Statement
means that the Company will commence reporting of its quarterly and
annual financial results with the SEC and enable the Company to
seek to have its common stock quoted on the Over-the-Counter
Bulletin Board.
The Registration Statement, while effective, also allows the
selling shareholder to freely trade the shares included in the
Registration Statement. The Company is not issuing any new
share capital and will not receive any proceeds from the sale of
the shares by the selling shareholder.
Dr. Christopher F. Tirotta, CEO and Chairman of American
Scientific Resources, Inc. stated: “We are pleased that, now that
we have completed the SEC review of our registration statement, we
will be providing our shareholders with greater disclosure and
transparency through regular filings with the SEC including
quarterly and annual reports. We will also seek to have our shares
quoted on the OTCBB in the near future.”
This press release shall not constitute an offer to issue or
sell or the solicitation of an offer to buy securities, nor shall
there be any sale of these securities in any jurisdiction in which
such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
jurisdiction.
About American Scientific Resources, Inc.American Scientific
Resources, Inc. is a purpose-driven consumer product manufacturer
specializing in the clinical, home health
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