HOUSTON, TX / ACCESSWIRE / May 21, 2015 / American Security Resources Corp. (OTC: ARSC) announced today that it has engaged MaloneBailey LLP as its certifying accountants. MaloneBailey will audit the accounts of ARSC sufficient to satisfy SEC requirements to return ARSC to "fully reporting" status.

MaloneBailey replaces the Company's previous auditors, The Hall Group, CPA's, which are no longer providing public company audits. ARSC had no disagreements with The Hall Group, CPA's.

The Company has filed current unaudited financial statements with OTC Markets, but in order to become an SEC "reporting" company, it must have financial statements that have been audited by a recognized PCAOB auditing firm, such as MaloneBailey.

ARSC is pleased, once again, to be working with MaloneBailey LLP as they have significant expertise with companies like ARSC which are aggressively pursuing asset and operating business acquisitions. In preparation for which, ARSC has removed a considerable amount of affiliate and non-affiliate debt from its balance sheet and created classes of convertible preferred securities for the purpose of acquisition that will be reflected in the audited numbers.

About American Security Resources Corporation

American Security Resources (OTC: ARSC) is a holding company whose subsidiary, American Hydrogen Corp., is seeking new technologies to economically refine and purify hydrogen for the commercial market. ARSC also owns effective control of Hydrogen Future Corp. (OTCQB: HFCO) from the sale of Hydra Fuel Cell Corp. in April 2014.

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 or Bob Farr at 713-465-1001 and leave a message.
www.americansecurityresources.com

SOURCE: American Security Resources Corporation