It is difficult to have spent so many years with this board to see it become so inactive. I am in the process of moving toward Medicaid Waiver program to obtain more around the clock services as my need to be cared for in my final days increases.

To do so, all assets have to be accounted for, and turned over. So, a problem occurs with FASC. Ameritrade no longer gives any financial information on it. But the last "trade" is shown as .005 thus showing a value on the books of 1.7 million shares at .005 or $8500. Don't know if anyone still wants shares at a good price, but if so, make me an offer. Dave

Net-Man - Thanks for your post. I see no reason to not keep a somewhat positive attitude. If you have had a number of conversations with Brian, you must have some personal indication that he is still has some sense of responsibility to shareholders.

Anyway the only hope is that this be the case. I think we should make an attempt to keep this board alive--even if with less frequent posts.
I am now going on toward nearly a year and a half on hospice case. Weaker, but still holding on, which is a surprise not only to me but those around me. Recently past 89--and heading on now toward my 90th birthday.

Most everyone will hold their shares, for there is no other choice really. - Dave

Have not posted for some time. Have basically written off FASC as worthless. Don't see anyone wanting to take on shares at any price. The only flicker of hope I see is something changing in Brian's situation.

Net-Man said last week he was going to talk with him. That is enough. Unless Net-Man has something further to convey--which I doubt--there is little to pin hopes on. The french order was the big hope--along with Brian's fairness with shareholders.- Dave

Just cancelled very low price buy orders on FASC. Keeping one small token order in at "coffee prices". Surprised no one has talked with and reported back on any attempted conversation with Brian.

A good question to ask is how much anyone would pay to have transferred to his account say 1,000,000 shares. I would imagine not very much--and likely now down close to the extinction price of .0001.- Dave

There appears to be two very polarized positions on this board. As anything negative to the stock, management, etc. can no longer be excluded or ignored from posting, it is a much healthier board.

It almost appears to me that a state of denial exists. Simple truths like "the truth sets one free", make little difference. It remains just a problem of more sales will solve all the problems.

It is difficult to say more because deleting would likely result. But it is good that not only the main content of my posts are no longer ignored, but also that the new moderators, the conclusions they reach and the reasons for their conclusions offers a strong counter-balance.

What is the value of FASC? The market may or may not establish the value. I believe, as stated, it will be somewhere between .001 and .0001. One should note that a price of .001 and .0001 is similar to a $10 stock falling to $1 (or really zero). I see few wanting to take that risk with FASC in its current real, internal situation. Perhaps we will just remain a stock with no transfer of shares.

Somewhere in that range (.001 down to .0001) I would take on some shares. But it would be on the basis of a "crap shoot" or "lottery ticket"--not enough money that it would effect me with an expected loss. But when five very experienced and talented new moderators have a consensus opinion that FASC will soon become worthless, and have explained why in great detail, I will not pay very much for that "lottery ticket"--nor, in my opinion, should anyone else.

Already postings here are starting to "dry up". Soon, in this present status quo, they will likely be drying up more. Perhaps the transfer of shares is a moot question. But tax loss selling season will be coming down the road. This at least offers an offset. Dave

In response to:

"Of course looking to purchase those same shares at a hugely discounted price of .0001 as you have stated etc."

Suggest you read my prior posts more carefully before quoting me. I stated:

"I see no one wanting to accumulate more FASC shares above .001, and with much likelihood it can well drop down to a worthless .0001. I see still a discouragement of dealing with the fact that Brian was dishonest in his communication with Charlie, further deception brought out by Integral, and the strong consensus of five special new moderators that our stock is in a category, and where others like it, move, almost without exception, toward worthlessness."

i am saying I see no one wanting to risk taking on more shares above .001 and likely lower, for there is considerable risk that the stock will drop to .0001 ask at which point it is worthless.

I am also strongly saying that I appreciate the fact that this extreme risk is now represented, and makes this playing board more fair. Don't mind my opinion being called BS, if you are correctly quoting what you are referring to. Dave

There has been a lot of postings over the last month or two that have brought our board into a much more balanced and realistic assessment of reality. I have made it quite clear on my position. I believe it has been very wrong to have not dealt with this balance,to discourage and deny the extreme dangers of investment in FASC. and our board became skewed to a degree that was not realistic, nor justified. It began to leave "a very bad taste in my mouth" so to speak, and still does. I have stated this quite clearly in private Emails--and will say no more.

I see no one wanting to accumulate more FASC shares above .001, and with much likelihood it can well drop down to a worthless .0001. I see still a discouragement of dealing with the fact that Brian was dishonest in his communication with Charlie, further deception brought out by Integral, and the strong consensus of five special new moderators that our stock is in a category, and where others like it, move, almost without exception, toward worthlessness.

Dave

I was told, four or five months ago, that only a large multiple order would make it possible to get things back in compliance--individual orders would not do it. This comment got little support or attention. Zeolite was supposed to bring in a steady stream of new profit by April (never occurred), and individual sales got hyped as all that was necessary--which has proven to be totally not true.

This also was also before Brian denied to Charlie that he had had any SEC warning,other reported areas of deception, and all the other new DD since supplied by our new moderators which deals realistically with the outcome of almost all stocks in FASC's position. - Dave

Net-Man - In response to:

"The math works. I doubt the valuation though. Perhaps you could share how you arrived at it. By the way, I appreciate you driving the pps down."

The valuation is not hard to come by. Let's just look at two recent posts, Sunspotter has pointed out that "I can assure you everybody their FASC shares will be almost certainly worthless once FASC is revoked"

Lucky has posted "The ability of the shares is what anyone is willing to pay for them, and the ability to effect the trade.That value will soon be zero." And "Shareholders here aren't going to get squat. I don't care how many googled links are posted. This long time piece of crap is almost over".

I believe these objective, unbiased posters, joined by Integral, Renee and Janice, are giving us a realistic scenario. I am very thankful that this balance is now provided. It may be difficult to understand why a truthful, realistic balance is more important than
what we have had in the past. It leaves a much better taste in my mouth, even though I have 2.7 million family shares that are being clobbered, and may soon be totally worthless.

The market will prove its point. There is more I could say, Net-Man, to your comment "I appreciate you driving the pps down."
It is perhaps better to let you expand on that comment,if you wish. And board posters can respond accordingly. Dave

I believe we are getting an honest board now--but it certainly has taken the help of all our new moderators--plus Sunspotter. It is healthy now--and I feel better about posting. The closing price of .002 is beginning to reflect where the price should be--if even on only $17 of volume. For we got down to .006 last fall at times--even when we were listed.

I have an order to buy in when the stock has a substantial further drop and on large volume. My reason is that money is of little value to me in my present hospice situation. It wont change my present situation. I had hoped I could help my oldest son--now 65--with medical problems, a jail ministry and other services--in his old age. So, I will take a long shot with the expectation that it can well be just money down the drain. And I am aware that a drop from .002 to .0002 is like a $20 stock falling to $2. Likewise a drop from .002 to .0001 is equivalent to a $20 stock falling to $1. So there is room for a great deal of percentage drop still even at .002

There is something both mentally and spiritually "cleansing" when reality is presented. No matter what anybody does here, believe me. Life is full of mistakes, failures, etc. And they hurt. But, being honest and of good character is most important. I am thankful for Al, Sunspotter and our new moderators for the valuable service they have provided. For now I can leave FASC and my many years of involvement here with a "good taste in my mouth." Smitty 2 best described the alternative for any of you who cared to look up his quote from the Book of Proverbs on yesterdays postings. Dave

Net-Man - In response to your comment:

"As I understand your argument, FASC will have zero value simply because it will not trade in the same manner as it currently does."

This is not my position at all. My argument is that presented by the new moderators:

1. The honesty of Brian is seriously in question. He apparently lied to Charlie, and I believe it was Integral who pointed out a further area of deception.

2. Our new moderators also pointed out that almost, without exception, stocks in a similar situation to FASC, have left the stockholders high and dry--with nothing.

3. What assets that FASC has could be diverted to just insider interests, back salaries, etc.

4. The combined postings of Lucky, Janice, Integral, Sunspotter and Renee pose a likely scenario of the outcome of FASC. And they provide the type of balance that was discouraged before they came--as attested to by the way Sunspotter was treated, and others who tried to bring out the risk side of the equation.

I no longer have the buy orders in at .0005 and .0004 that I mentioned earlier. You further state:

"From a FASC perspective, it still comes down to sales and will the current management be able to make those happen?"

I think it really comes down to what management has been doing with past and present revenues--and the realities that our new moderators have presented to us. It would be good if the extreme risk side of this equation was encouraged, and presented. It has not been the case in the past--to the detriment of this board.- Dave

Net-Man - You might understand me better--and my position--if you would not refer to me as "Trader Dave". To me we have a simple condition of what is right or wrong. You pose a question to me to answer--but it is a one sided question. Don't you think your questions should also be more related to what happens if the information they (the new moderators) have provided is accurate?

Again, I think Sunspotter deserves an apology. What happens or does not happen to FASC is less important too me than what is right and wrong. If you don't see something very wrong before our new moderators came on board, then I have little else to say. Dave

Sometimes a person has to stand alone. The market will speak for itself in time. Every investment has a risk/reward ratio to it. We had the risk side of it discouraged, ignored, deleted, etc.and the DD posted was nearly 100% reward related. Then reality hit.

If this situation has bothered no one else, then by myself I oppose it. There is something very "cleansing" that has occurred with the input of our new moderators. It is a very balanced DD that I am afraid will be lost with their departure. I have lost interest when I see self-corrective steps needing to be taken that are not taken. - Dave

RJ - When nearly 100 per cent of the posts (DD) present a positive outlook on a company--particular a company in the dire straits that FASC is in--to me it is not healthy. I used to dislike strongly the terrible negativity of the other board--which eventually destroyed itself. But, I see something which existed here before our new moderators came on board, that became very wrong also to me. I see an attempt to restore that. One quick point. I believe the leaders of this board owe Sunspotter an apology--for the way he was treated before Lucky, Janice, Integral came in to give us a balanced honest picture.

You say: "Balance is sharing facts as they are acquired, not steering a direction." I agree with your statement. We differ--apparently--or do you also see the facts acquired by our new moderators as both desperately needed and totally discouraged before these new people gave us a balance.

I frankly don't like "steering a direction"--and that is exactly what previously occurred, and I feel may soon reoccur. If so, I want no part of it. Dave

Sunspotter -

I don't think you will get a response to your post. And thus my previous post. Thank you for helping keep a realistic balance as to to the reality of our current situation. Denial, non response, ignoring of the true internal FASC situation has taken my interest away. I would rather lose all my money than keep up a one-sided facade.

I think gradually more posters will just start disappearing. I can find no way of responding other than to post posts that would likely quickly be deleted. The only alternative is to stop posting. - Dave

I think FASC is heading toward .0002 or thereabouts. A balanced board would relate to all the reasons our new moderators have indicated as reasons why. Standing alone, if I must, is what I will do. I breath better when both sides of a situation can openly and honestly be evaluated.

I lose, if I am right, in the sense that 2.7 million shares become nearly worthless. But I don't like what I think will develop here again without the oversight of our new moderators. It made the board "healthy"--balanced, etc. I prefer this and don't like a board that becomes skewed just toward the positives. If it becomes this way again, it will be my choice to stop posting. Dave.

Thank you, Janice, for your last two posts. My take is that there is a sense of denial still going on with this board. Denial, such as in the case of being married to an alcoholic - or denial of a terminal illness.

There really has been no transfer of shares since the grey sheets. Someone offered to let 100,000 shares go at .001 a week ago, but no one would take them.

I hope you, Integral, Lucky, Renee and Sunspotter stay around and keep us balanced. In one sense it doesn't matter, for new investors would likely stay clear here now. But all investors need to know the seriousness of FASC's present situation--and you folks are the only ones providing that side of the equation. Dave

Sam--I find it difficult, but necessary, to listen to Sunspotter's quote at the end of his messages (printed below). Whether to hold or to dump is everyone's individual decision to make. For me, my personal opinion is that anyone would be foolish to consider buying here above .0005. Is this going to happen? I think so--but this is just one person's opinion. And, I think .0005 will be broken through to even lower levels. - Dave

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

Lucky - The Administrative Law Judges that I testified before were paid by the Social Security Disability system. A few times I was hired by the legal firms representing the claimant. Some judges gave a fair shake to the claimant, some "rubber stamped" the system.

Brian would have to have strong, compelling evidence that he was unjustly treated, represented by a very capable lawyer, etc. I cannot see any compelling evidence that might cause an Adm. Law Judge to reverse any SEC determinations. Don't know whether the SEC Judges have a backlog jam, as they do in Soc Sec Disability cases. If so, many months and delays are often eaten up in hearings, appeals, gathering evidence, etc, etc. - Dave

TR - Prefer to let other board members respond to your question if they wish to--and as to the status of our last private Email correspondence. Dave

Sam - I just read another of your posts about three posts back. I was a Vocational Expert for nearly twenty years as a sideline occupation. In this role I appeared before administrative law judges. In general, my experience is that these guys stick pretty close to the law, and you have to have very good legal justification to win or reverse a standard. Perhaps others have had experience with administrative law judges involved in stock market investment decisions. - Dave

Sam _ I am neither morbid or morose. I believe we have been given some excellent advice by our new moderators. For some, it may be too painful or too much denial, to digest it. This is my honest call on what I think the overall market thinks about FASC--and how it will react.

Each of us must "play our cards" as we see fit. Right now the price of .01 is twenty times higher than what I would pay to dabble in FASC. And even at that, I see the stock falling another 2 1/2 times my initial dabble price--a fall all the way down to .0002

Our new moderators gave us information we didn't want to hear--and some may wish to stay in denial. Integral is a CPA experienced in this type of situation. Go back and review his posts, and also consider those of Lucky, Janice, Renee. You might also want to reread my earlier posts on this subject. It will give you my honest opinion.
The above is my call for the present fate of FASC--whether right or wrong. - Dave

Techisbest - To repeat a used expression, I think you also "hit the nail on the head"--even if some don't want to even acknowledge this nail is there to hit.

Not sure whether it was Integral, Lucky or Janice, but we were warned that there may be a brief "honeymoon effect" with 99% of stocks in FASC's situation. I think we are seeing this happen now. I think "the market" will soon start seeing this. This means we will be moving from double zero share exchanges to triple zero exchanges. And then your post explains what can happen.

I hope our new moderators will stay to the end--as reality involves a controlled, balanced opinion on this stock to be fair to all investors. My call, whether right or wrong, is that the "honeymoon" is soon to end, and coffee money will look better than wallpaper in the not too distant picture. This is what I believe will be the market's analysis of this situation--and the consequences that will follow. - Dave

Net-Man - You ask is that "Trader Dave" asking the question? It really is "Trader Dave" battling internally with "Christian Counselor Dave". I think the latter role has won out. So I will reveal myself--even though in earlier roles I sensed you used by "exposed information" to go in one fraction of a cent higher to pick up shares.

I hope to pick up some shares in the .0005 and the .0004 areas. but I also think my price is too high--at least short term. So - "Trader Net-Man" has a choice. Go in at .0006 or wait for the .0002 price. My advice and "help" to you is to wait for the.0002--otherwise you may be paying 3 times as much as you will need to. Now let's wait and see "how the cookie crumbles". Dave

Net-Man - I think I may have an answer to my last question. You would like to see it go down because you think It might provide you a good buying opportunity. Investing is a difficult area for a retired Christian counselor like myself. On the one hand, I would like to see everyone "win". On the other hand each investor should have two opinions: (1) What he or she thinks the overall market is going to do, and (2) What he or she thinks, if different from the consensus.

The consensus opinion of some very bright and experienced new moderators, if I read them right, is that almost without exception, stocks in a comparable position to FASC will end up not as "coffee money"--but "wallpaper decoration". I think we are headed toward .0002. What happens after that, if consensus is right, is that we will likely be wallpaper.

You and I may see a chance that consensus opinion and the market might be wrong. If we go to .0002 my $24,000 has shrunk to just $340. Since 99 out of a 100 stocks end up at zero bid and .0001 ask, that is about what the real worth is--from a market point of view. Each person must make his or her own decision. But, it is good to have the facts laid out clearly - Dave

Why?--Everyone just loses more money.

Let's look at another reality. A couple of weeks ago I had 1.7 million shares worth about .014 a share--about $24,000(Add my two son's combined one million shares and that totals $38,000). Today that $24,000 has just evaporated to $1700--the $38,000 to $2700. This represents a 93% drop in value.

A shock like this can cause "numbness" and "frozenness"--and certainly denial and shock at the sudden loss. Still as investors we should face reality. The new moderators have given us their opinions.
My call on FASC is as expressed in my previous posts. I expect the .001 transfer of shares which occurred to fall about in half as the next step--and likely accelerating volume. I also think it is likely we may fall to .0002. Just my opinion. It hurts to lose a lot of money. - Dave

First "trade" --or rather transfer of shares today --50,000 at .001. My hunch is that this is the high for now, and we may soon see an accelerating downward volume and price movement into the triple zero range.- Dave

Sam - knowing you is too much for a nearly 89 year old gent. I can say that you are like me multiplied by 10. You have certainly make some very unique and special contributions to this FASC Board over the years. So thank you, Lt. Col. Sam - Dave

Sunspotter - Along with Sambeaux, I want to thank you for your excellent report. But, furthermore, I want to also thank you for being a person of real character. This board, at times, has been extremely unkind to you in many ways. Yet you have always conducted yourself as a gentleman, handling the unkindness, attacks, snubs, etc. in a very professional, respectful way.

You have helped my personal growth as a human being more than any other person I know. There are times when we get attacked, we need to "turn the other cheek". Thank you, my friend, for a good character lesson, and also thanks to all the new moderators who have helped us now have a more, balanced, realistic look at our situation. Death--whether of a stock or a person--is hard to look at and face. There is denial, sometimes anger, and many other factors that enter in as we face the reality of a loss--whether real or imaginary. Dave

RJ -

" When FASC has made money "due to sales" they can reapply after doing two years of audited financials."

RJ - I guess this means that the best case scenario is that the wait is two years plus the start time it takes to start doing audited financials--which is an indefinite time into the future. This assumes FASC not being like the other 99 in 100 cases that simply leaves the shareholder holding the bag.

I have my opinion of this. I hope Sunspotter or one of the other new moderators would post their opinion--as it is a third party --not biased. For a person on hospice care this is very bad news. Dave

Now--to be honest and transparent--I have an order in to buy at considerably lower price than the current .0006. I look on it this way. The money, if it is down the tube, will not change my current hospice status. Can continue the status quo in my final stage of life.

If, however, I am right, I could transfer to a location where I would get better medical, nursing and overall care--and have better transitional, final stage hospice care. I post this because I truly believe we are headed toward .0002 shortly, and my motive for wanting to add very bottom priced shares is quite unique. As posted earlier, it is like holding a very dim candle in the dark. Dave

Last week I posted a favorable post from Seeking Alpha. Today is an unfavorable one. I have no investment interest in DRYS again, but thought I might at least post something showing both sides of a situation. It may help you to make a better decision with a stock that has caused a great deal of pain to its long term holders. - Waitedg

http://seekingalpha.com/article/3178636-continued-low-dry-bulk-rates-could-be-catastrophic-for-dryships?auth_param=ge66s:1al6ltn:3b6dd813834dd5ab4e11f9e6c97e30d9

RJ - I believe below is the post you refer to:

" The SEC has advised Brian not to fight the delisting. It will cost FASC a lot of money to not be successful. It has been advised to save the money to keep the doors open. When FASC has made money "due to sales" they can reapply after doing two years of audited financials."

RJ -In my fifteen minute conversation with Brian, he told me quite specifically it would take a fifteen to twenty multiple unit sale from France to get FASC "righted". And RJ, it was you who told me Brian was taking a vacation in Las Vegas for a couple of weeks back a year or two ago. I felt it very strange with FASC is such a precarious position, that he was spending his time there at the time.

Your words can simply reflect Brian's "spin". I take it this way. If we are to assume that Brian is honest, and that Brian is capable, what he told me is that a fifteen to twenty size order will be necessary to get things right. Person's can draw there own conclusions, but the market has a price of .0006 now, and no exchange of any shares in the six days of market since the grey sheets gave this stock a chance to exchange shares.

My call on the market--right or wrong--is that we shortly will be heading down toward .0002. Our new moderators have collectively told us that in 99 out of 100 cases, stocks in a similar position to FASC have a brief "honeymoon affair" of a day or two--as they head toward becoming worthless. Each of us must make our own conclusions. But I suggest that the posts of Lucky, Integral, Janice, and Sunspotter be carefully reviewed--and then draw one's own conclusion. Dave

Net-Man - I find it best not to respond to your post. I will say that I think the assessments of the new moderators should be listened to and reviewed by every holder of FASC. I especially believe that investors should pay particular attention to past postings of Sunspotter who has been with us a long time. I am very thankful that they are on board and bring a much needed balance and reality here. Dave

Net-Man - You are correct. Floor trader with Ameritrade confirmed the only transfer of shares was the token 800 at .0006. So in reality nothing has happened since last week Wednesday. At least we have the .0006 showing as last trade rather than the old bid/ask before trading was halted. Dave

My TD Ameritrade shows that shares have been exchanged at .0006. It does not indicate quantity. - Dave

Since roughly seventeen years of involvement on this board, and 4045 posts later,I have several observations:

1. Somehow or other a few of us have held together over the long haul. We have done a lot better here on Ihub than on the other board, which pretty much destroyed itself with out-of-control negativity.

2. We have learned, with excellent help, that it is tough work--might I say "tough love"--which is sometimes necessary to guide our human tendencies--whether on the negative or the positive side of the necessary balanced picture Ihub wants on its boards.

3. Shortly--our long struggles will be coming to a conclusion--whether we end up with wallpaper to show for our struggles.Or whether somehow there is "resurrection from the dead" for this stock.

4. For me personally I have learned a great deal. I have a temper that sometimes has to be controlled. I am quite ambivalent at times--vacillating from one side o the picture to another.

5. I have biases, and have caught myself at times finding that my posts--supposedly unbiased--had elements favoring my investment objectives.

6. I have learned underlying everything there is a reality--that if our stock goes down the tube--the friendships we have developed--in most cases--will likely dissolve. Yet, I believe a few relationships at least, have developed a permanency that transcends the demise/success of FASC.

7. I have learned that "time runs out" for this world, but, at the same time I have learned also, at a deeper level, that time is eternal. Hopefully, I have become a little less unselfish, but I still see my human failings battling with that side of me that wants to be a better human being.

8 Finally, being on hospice care now, for over a year, has given me a different perspective on my human motivations as an investor. I see, perhaps somewhat better than some of you, that "we can't take it with us", "Whether we win or lose, there is coming a better day", etc.

I am trying to understand better the thoughts and feelings of others, The demise of FASC can mean huge financial loss not only in actual money, but also in "opportunity cost" as well as countless hours in research.It is a huge loss that deeply hurts if FASC is no more. Finally, and believing without much grounds for belief, I hold a faint hope that somehow, FASC will be the exception to rule.
Is this denial of the inevitable as the majority now think? May well be--but whether foolish or not, I still hold a faint candle in the dark.- Dave

Ameritrade did provide some information. They said the bid was .0001 and an ask was .001. I had to remind them of my bid which was higher. They said the .001 was from a competitor and all they would provide was that it was for at least 10,000 shares. Nothing else to report. Dave

Net-Man - The motive to buy includes the reason or purpose for which the proceeds would be used. My purpose is restated here from om earlier post.

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