Well Question then with the new price at 1/2 of what it was last week before the split is this stock worth taking another look at.
http://www.edgar-online.com/bin/edgardoc/finSys_main.asp?dcn=0001015402-03-004698&nad=

U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 10-QSB

[X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934

For the quarterly period ended September 30, 2003.

[ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934

For the transition period from _______ to ________

COMMISSION FILE NUMBER: 000-26261

AMERICAN FIRE RETARDANT CORP.
(Name of small business issuer in its charter)

NEVADA 88-0386245
(State or other jurisdiction of (I.R.S. Employer Identification No.)
incorporation or organization)

9316 WHEATLANDS ROAD, SUITE C, SANTEE, CALIFORNIA 92071
(Address of principal executive offices) (Zip Code)

(619) 258-3640
(Issuer's telephone number)

Check whether the issuer (1) filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes X No
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The number of shares outstanding of each of the issuer's classes of common equity, as of November 5, 2003, was 2,357,401,286 shares of the issuer's common stock were outstanding.

Transitional Small Business Disclosure Format (check one): Yes No X

I WOULD USE CAUTION IT'S ALONG WAY DOWN...

THE STOCK LOOKS LIKE A COMPANY ATM. AFTR IS JUST TO RISKY IN A RISKY MARKET.

QBID & PAVP

PLEASE GIVE ME THE BRIEF UPDATE AS TO THE SYMBOL CHANGE AND STOCK PRICE.

AFRT $ 0.09 0.11 55% 5,708,044 OTCBB

IF I REMEMBER CORRECTLY, JUST A WEEK OR SO AGO, IT WAS A PINK TRADING AT LIKE .001.

This stock will be back below .002 sooner than later, imho. Same thing happened when they were AFRC.

Symbol Name Expiration Date
AFRT American Fire Retardant Corp

AFRR American Fire Retardant Corporation New (1-200 R/S) 03/22/2004

AMFR American Fire Retardant Corporation New (1-10 R/S) 06/27/2003

AFRC American Fire Retardant Corp 09/12/2002

AFRCE American Fire Retardant Corp 04/23/2002

AFRC American Fire Retardant Corp 04/22/2002

AFRCE American Fire Retardant Corp 12/05/2001

AFRC American Fire Retardant Corp 11/30/2001

quote:

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Originally posted by U4TSAF2:
IF I COULD ONLY SHORT AFRT.

WHAT A SHAME!

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THE COMPANY REDUCES THE NUMBER OF SHARES FROM SAY 500 OF SHARES YOU OWN TO 1 FOR A 500-1 REVERSE SPLIT.

PERFECTLY LEGAL TO DO THIS.

RECOMMENDATION, TAKE YOUR BALANCE OF AFRT OR AFRR WHAT-EVER IT IS, SELL OUT FOR WHAT YOU CAN GET AND HOP INTO QBID.

QBID HAS ISSUED A PRESS RELEASE WITH A NO-SPLIT GUARANTEE.

THE REASON I WISH I COULD SHORT AFRR OR AFRT IS THAT WHEN YOU SHORT (THIS CAN BE CONFUSING FOR SOME) YOU ACTUALLY DON'T OWN ANY STOCK. YOUR BORROW SHARES, IMMEDIATELY SELL THEM AND THAT MONEY IS HELD IN ESCROW. WHEN THE STOCK DROPS, YOU RE-PURCHASE THE SHARES AND RETURN THEM AND THE DIFFERENCE IS WHAT YOU KEEP.

FOR EXAMPLE

MICROSOFT: $25.00/SHARE

I SHORT 1000 SHARES OF MICROSOFT FOR $25,000.

I THEN WAIT FOR MICROSOFT TO DROP TO $20.00/SHARE.

I THEN REPURCHASE MICROSOFT AT $20.00 SHARE, RETURN THE SHARES AND KEEP THE DIFFERENCE.

1000 SHARES AT $25.00 SHORT
1000 SHARES AT $20.00 BOUGHT BACK.
____________________________________
$5,000 MY PROFIT

I AM UNAWARE OF ANY BROKERS THAT ALLOW SHORTING OF STOCKS UNDER $5.00 AS WITH THE CASE OF AFRR NOW AFRT.

quote:

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Originally posted by Stock_student:
I am very confused here I opened my account after a week and i see 1200 afrt shares instead of 300,000 shares of afrr..when it happened how it happened and howcome i end up having only 1200 shares..can someone please explain me pleaseeeeee I am loosing about 200 dollars in it.. thanks guys

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