First American Scientific Corp. (fka FASC)

[Net-Man]

Sam - They have done OK work getting the sales they have over the past several years. The world economy did not help them move ahead. What I do find fault with is how machines were released with the naive expectation they would be fully paid for. Unfortunately the real world does not operate on a handshake and a means of making certain payment would be made should have been put together. To expand on both sides of the coin that SS pointed out, how did FASC ensure they would be paid? Letters of credit or other means of assuring payment should have been sought. I don't believe this is being done even today.