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American Scientific Resources Inc. Issues Corporate Update
Date:11/24/2009

2009 Q3 Financials, S-1 Registration Statement being Prepared by Leading Law Firm, New Transfer Agent, MEDICA 2009

WESTON, Fla., Nov. 24 /PRNewswire-FirstCall/ -- American Scientific Resources Inc. (Pink Sheets: ASFX) ("the Company") is pleased to make available a current corporate update.

Since filing 2007 and 2008 audited financials on Pinksheets recently, ASR has been diligent in accomplishing additional goals, which are all part of a long term business plan for the Company.

As part of this ongoing process, 2009 third quarter (unaudited) financials are available in full on www.Pinksheets.com.

ASR has engaged Sichenzia Ross Friedman Ference LLP (www.SRFF.com), a leading securities law firm, as corporate counsel. SRFF was established in 1999 to provide experienced, professional representation in all matters involving the securities industry, as well as in all general corporate and litigation matters. SRFF also has a nationally ranked PIPEs practice, and has been ranked number 1 in the country as the most active PIPE issuing law firm from 2004 through the present.

SRFF has begun preparing an S-1 Registration Statement on behalf of the Company to register the securities of the selling shareholders listed in the S-1. Additionally, upon effectiveness of the S-1, the Company will become a 1934 Act reporting company. As such, its common stock may be eligible for listing on the OTC Bulletin Board (OTCBB).

Gregory Sichenzia, Founding Partner of SRFF, commented, "SRFF works with numerous companies from private and public corporations to broker-dealers and investment advisors, and we are excited to represent American Scientific who is striving to become a fully reporting company and eventually have its common stock listed on the O
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