American Scientific Resources, Inc. announced that Thomas W. Materna resigned from the board of directors of the company on February 29, 2012. Robert T. Faber and Jason Roth resigned from the Board and as officers of the company on March 15, 2012. Paul Cohen and Austin Kasinetz resigned from the Board on March 15, 2012. Howard Taylor remains as the sole director of the company and shall function as its officer, by default, as all officers have resigned.