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Re: TRCPA post# 52377

Sunday, 07/26/2015 4:04:03 PM

Sunday, July 26, 2015 4:04:03 PM

Post# of 53980
It would only "make shareholders whole" if what passes for FASC's management did the right thing.

As they have a history of doing exactly the wrong thing - as recently illustrated by the CEO deliberately lying about his communications with the SEC with one of his most loyal long-term shareholders and by their refusal to speak directly in public to those unfortunate enough to be holding worthless FASC shares, I suspect this is too much to ask for.

What I think is way more likely is that Nichols and his crew try to shake down their existing victims for more funds under the pretense of using the money to generate profits in the future.

It's a well-known phenomenon that the easiest people to steal money from are the previous victims of scams.

I do hope that doesn't happen here, but I'm enough of a realist to understand it's a distinct possibility.

Indeed I detect the beginnings of the narrative that would support such a sting already being developed by the CEO and his coterie.

"It is difficult to get a man to understand something, when his salary depends upon his not understanding it."

Upton Sinclair

"Nobody ever went broke underestimating the intelligence of the American public."

H. L. Mencken

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