American Security Resources Corp. Announces Reverse Split

HOUSTON, TX / ACCESSWIRE / July 27, 2015 / American Securities Resource Corp. (“ARSC”) (OTC: ARSC), a company focused on developing and bringing into production hydrogen fuel technology as well as other investment interests, today announced that the Financial Industry Regulatory Authority (“FINRA”) has approved the company’s 1-for-2500 reverse stock split.

According to FINRA’s approval, the reverse stock split will become effective and ASRC`s common stock will begin trading on a post-split basis before the open of trading on July 23rd, 2015.

“By implementing the reverse stock split, we execute an important step in our continuing business plan,” says Frank Neukomm, CEO of American Security Resources Corporation. “As we move ARSC forward we expect to gain wider market access and further strengthen our postions.”

“We believe this strategy will result in better liquidity and attract additional investors to our company. These actions serve to fuel future transactions which will enable us to become a more diversified and valuable Company.”

At the effective time of the 1-for-2500 reverse stock split, every 2500 shares of issued and outstanding common stock will be converted into 1 share of issued and outstanding common stock.

“Also, no one is to receive fewer than 100 shares regardless of their pre-split amount,” explains Frank.

FINRA has received the necessary documentation to announce the below listed corporate action requested American Security Resources Corp. and Colonial Stock Transfer Inc.

– 1:2500 reverse split
– Pre-Split TSO: 1,402,738,259
– Post-Split TSO: 620,487
– New CUSIP: 029569308
– Daily List Announcement Date: 7/22/2015
– Market Effective Date: 7/23/2015

Transfer Agent responsible to process corporate action: Colonial Stock Transfer Inc.

When shares will be available to Transfer Agent: 7/23/2015.

For a reverse or forward split, a “D” will be placed on the ticker symbol for 20 business days. After 20 business days, the symbol will revert back to the original symbol.

About American Security Resources Corporation:

ARSC is the parent company of American Hydrogen Corporation. It also holds a controlling interest in Hydrogen Future Corporation (HFCO) through a Convertible Preferred security in HFCO from the sale of Hydra Fuel Cell Corporation, its former subsidiary.

Management of American Security has begun a program to bring the Company into compliance with SEC regulatory filings and to enhance shareholder value.

Safe Harbor Statement

This release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and/or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission. 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. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the company’s ability to raise necessary financing, retention of key personnel, timely delivery of inventory from the company’s suppliers, timely product development, product acceptance, and the impact of competitive services and products, in addition to general economic risks and uncertainties.

For more information please contact:

Frank Neukomm, CEO ARSC
713-465-1001
info@amsrcorp.com

SOURCE: American Security Resources Corporation

ReleaseID: 430866