The Microcap Kitchen: Stocks 5¢ to $5 Message Board

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To: ACAN who wrote (105879)	11/18/2011 11:46:44 AM
From: rrufff	Read Replies (3) of 111149

ASNB .05 it's come down since last year from as high as .25 on low volume selling IMO. Seems to be a good turn around prospect. NT 10Q seems to have helped so far <<November 15, 2011 If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made. The Registrant is currently reviewing the affect of ASU 2009-13 on the Company’s unaudited condensed consolidated financial statements with respect to a long-term license agreement and consulting services agreement (collectively, the “Agreements”) entered into with a major international developer and manufacturer of medical devices in June 2011. Due to the potential impact of the Agreements on the result of operations for the three and six month periods ended September 30, 2011, the Company is unable to make a reasonable estimate of the results of operations at this time. The Company will report a cash balance of $681,000 as of September 30, 2011 as compared with a cash balance of $477,000 as of March 31, 2011. A more detailed discussion of results of operations will be included in the Management's Discussion and Analysis of Financial Condition and Results of Operations in the Form 10-Q to be filed.>>