First American Scientific Corp. (fka FASC)

[sunspotter]

"Sam - Whether or not FASC trades on public exchange probably doesn't even enter into a machine buyer's thinking."


In reality, of course, before entering into a business arrangement, any company of any size will run a credit check on any potential supplier.

This is for obvious reasons, including making sure they are likely to receive the goods they order, and that the supplier is likely to be around in a year or five years' time when and if they need some form of after-care service.

Dun and Bradstreet are probably the best known company that provide such a service:

http://www.dnb.com/

but there are several others.

I shudder to think what they would disclose about FASC, but you can be 100% sure that delinquency with SEC filings will certainly be reflected in any assessment they make of FASC's suitability as a trading partner, as of course it should be.

While in the words of the old saying "no one ever got fired for buying IBM", a corporate buyer contemplating buying one or more KDSs would have a lot to think about career-wise before signing any purchase requisition order.