Net-Man - You asked me my motive for my offer. I gave it to you on this board. What is your reaction as a person? In answering, you might also wish to openly express the advice and results on another board. Or you may choose not to. Dave

Following the advice of our new moderators and Sunspotter I suggest reviewing the recent posts--especially 51674, 679, 683,684 and 685.

As there is no market in this stock, but brokers may facilitate balanced transfers as an unpaid service, I will accept transfer considerations in one million or more shares only and at a price only of .0002. This offer is temporary, may be withdrawn at any time, based on any additional, unfavorable news on FASC. You will need to do the following:

1. Post on this board the quantity of shares you wish to dispose of,
the name of your broker, the exact name as listed on your brokerage account, the last four digits of your social security number. Or,

2. If you wish to Email me privately at Waitedg@gmail.com, you might add some additional information such as your brokerage account number, date of birth etc.

Remember, this offer at .0002 is temporary, and may be withdrawn at any time up until the transfer actually occurs. There is no market in this stock, and the broker's floor trader may, as an unpaid courtesy, facilitate agreed to transfers. As this is a courtesy service, it should be make as simple as possible for them, so all necessary pre-clearance steps with your broker should be accomplished so there are no red tape hold ups on either side.The transfers will be accomplished from my side--with my broker

Finally will the new moderators review my post, and make any additional suggestions, if necessary. My account is with TD Ameritrade, and my acct. name is David G. Waite. - Dave

Talked with the Advanced Trading Desk at Ameritrade about an hour ago. Nothing new to report. Bid .0001 ask .0006 (Remember no real bid ask. Call made to trading floor and three market makers are contacted to see if any matching of shares can occur between the offered price, and the price sought). So far--nothing in three days.

I think things need to be in perspective. A drop from .014 to .0002 is the same ratio as a stock priced at 140 dropping all the way suddenly to 2--same percentage ratio.

This is why we so desperately have needed the type of DD provided by Integral, Janice, Lucky and especially Sunspotter, who has been with us a long time.

Now, we must face the shock of a stock falling in a flash all this way. (And remember, I am one of the fairly big holders with 2.7 million family shares) We have a stock that in my opinion is not worth the risk at even .0002. I have given the reason why I would pick up shares at this price because of my very special end of life health situation. But I am prepared, if I fill, to throw the money in the trash can.

For the average investor, my analysis is whether you want to get.0002 while you still can. I will pick up 7,000,000 shares at .0002 for $1400. The alternative is to hold them, as they could quickly fall to .0001--50% drop--and then drop to nothing. Or you can hold. My offer to buy being the only one out there now, may be quickly withdrawn--if any further "ugly reality" is uncovered. I have also taken my additional one million share buy order ($300) and changed it to .0002 ($200)--so all my offers to buy are now at this one price. - Dave

As there is no real market--I am making one of sorts here, and as honestly as I can, providing one side of an offer.

Sunspotter, Lucky -

Thank you for your clarifications. One question still remains nebulous. How long, in your opinions, from past experience, will there remain those willing to make any market at all in a stock like FASC?

Is this a matter of days or matter of weeks? Is a market maker involved in the process of whether or not FASC is resisting revocation or not? Or is it just that market makers say, "There is no one wanting to buy even at .0001 or .0002. I am 'closing up shop' on this stock".> In other words , what is the risk and relationship of trading illiquidity itself--and trading timeframe to no market at all?-Dave

Sunspotter -

I got off the phone with the advanced trading desk at TD Ameritrade about an hour ago. A call down was made to check three sources that still might make a market in FASC. This indicated that there is an ask right now of 400,000 shares at .0007 and no bids other than .0001. I further asked the question how long will even the .0001 be available to those wishing to sell. He agreed with me that this is uncertain--but only as long as there is any one willing to still make a market in the stock. My question to you is that I thus assume that remaining in a frozen, hold position has a large degree of risk. For our current shareholders may find that even a .0001 may soon not be available to shareholders. Would you kindly and objectively assess this risk, and provide what information you can on this subject. Thanks - Dave

Net-Man - This will be brief as it is semi-off topic. (Read my next post to follow which is to Sunspotter--for more clarification)
As most of you know, I am a low income resident of an assisted living facility who has been on hospice care for about a year. Recently, I have gone into further decline. It wold be nice if I could move to a facility where I could get better final-stage care. Thus a 100 to 1 shot is worth a fling...If it doesn't happen, my status quo is accepted. I post this so you clearly know my motives. Now my next post to Sunspotter will provide some valuable current information, as well as provide some wise, and perhaps corrective information back from him for all of us. - Dave

Integral -

I would like to respond to your post (Link below). Of course your conclusions might be affected if we are talking about eleemosynary institutions. Other than this I turn further clarification over to our corporate board expert, Mr. Sambeau. - Dave

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=113444214

TR - My only response is to refer to our private correspondence--and where we left off. Other than that, I have no further comments. Dave

RJ -Am not totally clear on just what you are referring to--but I want to respond to something in that link:

beischens Wednesday, 05/06/15 01:34:06 PM
Re: beischens post# 49263
Post # of 51659

I posted this back on 12/29/14.

"I was soundly chastised for my opinion by the drum beaters."

We all have our weaknesses, prejudices and points of view. I have always respected persons, who, when they are very wrong, can have the humility to humble themselves and tell others they are sorry.

Our new moderators have provided a much needed, but discouraged balance to this board. All of the diatribe is pointed at Brian and FASC's management failures. I think more attention should be paid to the complete non-preparedness of this board for the type of dd needed--but totally discouraged. I believe apologies should be forthcoming. - Dave

Sam - Totally illiquid is when the stock sits with no trading for a period of time with zero bids and an ask of .0001. The market, itself, has written the stock off. One of the functions of the new moderators is to provide objectively their opinion on FASC as compared to stocks, in their experience, in a similar situation. You can agree or disagree with their contributions and act accordingly. I think most investors and the market in general will agree. You and I have a choice.- Dave

In reference to my previous post, I am cancelling 3 million buy order at .0005 and replacing it with 1 million at .0003. Will keep other .0002 intact for present. This reduces my speculative buying commitment from $1500 to $300 on the above. I may cancel even this, if not a quick fill.

I checked with Ameritrade, and told just one 800 trade today at .0006
I think we may see some .0001 and .0002 trasactions before stock becomes virtually totally illiquid

Reality check: Advanced Trading Desk informed me of the 800 share order at.002 which is common knowledge. What isn't common knowledge is that there are two buy orders in for 10,000,000 shares combined--the smaller one at .0005 and the much larger one in at .0002. that's 20 shares for a penny on the smaller order and 50 shares for a penny on the on the larger one. There is also a smaller order to buy 500,000 shares at .0002. To help adjust in your mind, $100 will buy 500,000 shares at this price.

What isn't common knowledge is who the buyer is.The buyer is me. And I will be shortly pulling the 300,000 buy order at .0005 if no takers, because I think it is too much. The 50 shares for a penny ( or 700,000 shares at .0002) is about right, so will leave that order in--at least for a day or two. - Dave

Beischens

This is to just to mention that I read your post (see link below) carefully. I don't wish as yet to respond to it. But I at least want you to know I hope it results in some corrective measures. I hope to respond later, and I think it is a good post. One way or another I will give my comments in the not too distant future. Dave - My comments will be to just the first two sentences--not the rest of the body of your message.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=113406340

I have not posted for a long time. I was fortunate to get out at 2.83, but have periodically re-visited here. Also saw the article in Seeking Alpha.(Hope I have the name right.) My comment is I agree. Good time to re-enter for the speculative investor. And for those who own--keep the faith and hold.

Have other commitments, but wish you all well. It's been a tough ride down. Hopefully the recovery has started. Wish you all well. Waitedg

I just took the first step. Placed an order. Will see what happens, and if it fills, what is next. I expect the trend will be down.- Dave

Double posting by mistake

I agree, and think this might also extend to some of our board members. Hard to say, "I screwed up guys, I'm sorry." But no good if not genuine. For if genuine, it is followed by real change. Just my beliefs. Anyway, I think shortly the FASC outcome will continue. We investors, management and perhaps even new moderators!--may change for the better--or remain entrenched in old patterns which they choose to live by.

I've met some unusual people down here in penny land--including you new moderators. Strange world. One more religious comment. The same pastor, I mentioned in previous post, when he first faced his highly structured, quite legalistic, conservative congregation said, to their initial shock, "Don't be surprised if you see me walking into one of the bars on South Division. That's where the sinners are". Sure enjoyed that double frozen margarita on Cinco De Mayo Day. - Dave

I guess its okay to disagree with a moderator. In my case faith is definitely involved. I agree, however, that "After the first few people test the water, more and more join in." It's a very tough world, and a lot of people may be hurting quite deeply as they see the reality of their dreams apparently dashed. It hurts to lose--and in this case some will apparently appear to be hurt very deeply as well as financially. Dave

Janice - Unusual response to your post. But remember attending a very fundamental church years ago. The new pastor keep seeking sinners to come forward for an alter call. There was considerable tension because people were thinking, "If I go forward, every one in this church will know I am not perfect!" Finally, one Sunday, when the offer included also "re dedication of one's life", I said to myself something like, "Oh well, just go forward, Dave, and kneel down and be the first one to admit my human failings and need for a Maker." I soon observed that about 15 others followed me. It just took someone to break the sort of "spiritual paralysis".

I think we have something like this here. After someone takes the first step, we may no longer need either the Valium or the Magic 8-Ball. I like taking first steps. Who knows. As one lady once said, "Faith is like diving off a high diving board, at mid-night, with the lights off, and not knowing whether there is any water in the pool below" - Dave

Janice - I imagine this has occurred to many here. Where will trading start. One of the new moderators has stated a rough rule of thumb is somewhere between a 50% and an 80% decline from where it was when trading was halted. But this likely inferred a much more liquid stock than FASC.

It also appears that people may be a bit "frozen" in their thinking--while still digesting what has happened to their stock in a very short time. There is also the factor that stocks like this may have very short trading life before they become more or less worthless.

Each of us has to make a decision. One type of decision is to make no decision. We really are challenged because we have to also differentiate between what we think the market thinks and will do--and what we think. Get out the Valium!! - Dave

If anyone has trouble with TD Ameritrade placing a limit order online, get a broker and ask to be transferred to the Advanced Trading Desk. You then will tell the specialist your intent--buy or sell and approximate number of shares. He will assist you or walk you through placing your limit order. He will also call three sources and see the approximate price and quantity of shares on both the bid side and on the ask side. Also generally advised is to consider a good until cancelled order.

This is very difficult times. I expect trading--when it starts-- to be at a very low price. I have decided what I am going to do. I may buy but only if the stock is somewhere between coffee money and wallpaper status. This morning I was told there was no bid and the ask was .0001.This is because there was no market at the time. My interests are not much above such price information. One person's thoughts. Dave

Tomorrow the grey market starts to accept the sale of FASC shares, and it will line up buyers. I expect some considerable trading--but at the beginning of a steeply declining price. I think the second and third days--Thursday and Friday will show the liquidity drying up--with continuing decline. The intangible will be how many want to hold, versus how many will want to get anything they can for their shares. The consensus opinion is that with most stocks in this situation, their is a brief "honeymoon" of trading--followed in most cases by a move toward illiquidity and no more buyers or trading.I think FASC will fit into this trend as it was already very illiquid--and traded as low as .006 on several occasions.

The above is what I believe (right or wrong) is the way the market will react to FASC. Now, I personally think we will see a decimal, followed by three zeros and then a figure of .0002 to .0009. And this by Monday.

My scenario is but one opinion. Others of you may have a very different one. But one thing we all have in common. What do we do--buy, sell or hold? Very stressful situation. We have had a lot of realistic advice--much we didn't want to hear--to help us decide. Tomorrow is a watch day for me. - Dave

Although my forecasting has been very poor (I keep not reading my name in the obituaries!) I will take a stab at what I think may happen. I think shortly FASC will first move to .0005--that's one twentieth of one cent. Then I think it will further drop to around .0002 or one fiftieth of a cent. (50 shares can be bought for a penny). Then I think it will have periods of intermittent trading--with days, as in the past, of no trading at all.

Our new moderators have shown those who can take it in, that 99 out of 100 stocks in FASC's comparable position become worthless--and in fairly short order. Coffee money rather than nothing at all--may will be the general mentality of the market. Just one person's measured projection of the FASC market in general. - Dave

In my previous work, I have had to help people adjust to loss--usually the loss of a loved one through death or the pain of loss associated sometime with divorce,etc. There is frequent initial denial. That is why funerals are psychologically good. The sight of the body helps a person face the reality of the loss and more quickly resolve denial or numbness which may often precede the reality of what has happened.

Each of us needs to factor this in--in our evaluation of what we will do starting May 6th. This is important in the individual decision one makes.

I think our new Moderators have helped us immeasurably. It might be good to go back and review some of their postings--which have been informative, educational, and yet very helpful. Just one opinion that you may or may not wish to follow. I have factored them in very carefully, and in balance with my own determinations. You may or may not wish to do the same. Dave

Shares that may presumably become worthless--"wallpaper value" if one side of the equation plays out. This balanced alternative has thankfully been well presented by our new moderators. And statistically, the odds favor this occurring with FASC type of stock, in this particular type of position. And this type of balanced position should now be presented by you. I encourage you to re-read Sunspotter's last postings. Dave

Sunspotter has posted two bits of wisdom at the end of each of his posts. I would like to reprint and comment briefly:

"It is difficult to get a man to understand something, when his salary (or, I might also add, investment objectives) depends upon his not understanding it." - Upton Sinclair

As humans, we are highly flawed, and unconsciously sometimes are skewed toward protecting what is our understanding of truth. It can be difficult at times to have a two-sided, open minded opinion to the other side's conclusions--when to do so may appear superficially to reduce our net worth. Yet--in spiritual terms this is what loving the neighbor refers to.

"Nobody ever went broke underestimating the intelligence of the American public." - H. L. Mencken

This is a bit more difficult. Perhaps Sunspotter himself might share with us his interpretation. It has been said that the market, in superficial terms at least, is motivated by fear on the downside, and greed on the upside. There can be "heard instinct" going either way. An investor should attempt to always weight what he or she thinks as compared to what he or she believe the general market thinks. Then try to make a decision when you see a wide divergence.

Do non factual, subjective factors make a difference? Again--different opinions. I strongly believe there is a definite connection between the two. John Templeton (Templeton Funds) was reportedly mocked because his mutual funds staff used to pray before staff investment decision meetings. His response was that his prayers did not result in perfect answers, but it definitely improved his batting average. After making his first one hundred million dollars the mocking all stooped. John set up headquarters in the Bahamas. He figured 100 million was sufficient for him and started tithing 100%. His Templeton awards, larger than the Nobel Peace Prize--went to various religious groups such as Mother Teresa charities, and I believe, different Asian religions groups. They were based on charitable contributions made for the welfare of others--by the receiver-- and essentially were based on what Christians might call "loving the neighbor". Spiritually most religions and faiths believe there is a higher power who is the provider of life. We are to use His provisions wisely and for the good of our fellow citizens.

Now, tomorrow, May 5th, FASC will begin receiving offers of bids to buy, or offers to unload. No regular market. If brokers, who will still permit grey market transactions can match orders(if you own the stock with them, they must permit you to try to unload), and I assume buy, if you want to). Statistically, in terms of other stocks in FASC's position, the odds have been very poor for the stockholder. "Coffee money" is often accepted, for in many cases the shares can be of "wallpaper status" in short order. ( Will the new moderators, Janice, etc. clarify or improve my interpretation, where necessary). Usually we can expect a 50 to 80% discount from last trading point before suspension. But each case must be looked at individually--status of the trading pattern prior to suspension.

Now each of us needs to weigh our own thoughts on FASC and act accordingly. We have been fortunate to look realistically at our situation with the help of the new moderators. Sunspotter was with us for a long time. He was treated poorly--by most here--either by ignoring him, acting like he didn't exist, or critical comments. I was one guilty here. I believe I apologized privately, but I do now publicly. Now that his fellow moderator supporters are here, we see how valuable they are.

As a former marriage counselor, I believe in marriage, but sometimes divorce is necessary. It is easy to get married to a stock, and "don't anyone say anything negative about my wife"> Whether FASC goes down the tube, or somehow survives and beats the odds-- have investor opinions on both sides of the possible outcome. That's what makes a stock market. Good luck. As for me, my strategy is best summed up by my Dad many years ago:

Hope for the most,
Get ready for the best,
And then take what God sends.

Dave

Thanks, Janice, your comments are educational and realistic. I have explained in previous posts that it is like a breath of fresh air to have you new moderators here. And it provides a much needed moderator balance to our board.

I hope this balance is not lost if and when some of you leave, because
the new reality of what a good Ihub Board should be has not apparently sunk in--judging from the deletion of a previous post. I am saving this one for the administrator, if it also deleted without an explanation from the deleter.I believe every message should be monitored whether posted by a regular poster or moderator.

Our board should be a place to encourage fairly and honesty placing positions on both sides of opinion--provided no personal attacks, etc are involved. I hope other board members feel as I do. I believe we have finally a good balance on this board. I hope it can continue without your supervision--after you go.. We shall wait and see. In the meantime you folks have added a very valuable service. I respect and thank you for it. Dave

Janice - or others-

When a grey listed stock like FASC is available to try to sell, beginning about May 5th in this case, how much discount to previous price do you generally see, and for how may days does trading remain open before the typical stock in this situation become illiquid. Dave

Patrik

Fidelity halted trading in FASC some time ago as was posted on this board. TD Ameritrade stopped internal and external transfer of stock to another account a year of two ago. (One exception is a TOD (transfer on death). Dave

Sam - TR's post is good, but read the other side of the situation carefully. Our new moderators, who we have long needed, are very wise people. I refer to Integral, Lucky-My Dog, Janice and Sunspotter. Sunspotter has taken a lot of rejection, disdain, ignoring, and treatment most people couldn't take--and handled it like a gentleman--a professional. He may come on as a bit "testy", but take a look at it from his side, and see how he has been generally treated since he has been with us.

I respect TR and Net-Man highly--but I have seen the side of this board that these new moderators (and Sunspotter) represent discouraged. Their type of input in the past has not been considered DD. And we are in a terrible mess. This is partly due to an imbalanced board.

My advice is to weigh both sides of the situation carefully. Then make your own decision. The negative side (I believe Integral posted it) stated that almost without exception, a few days after May 5th the buying will dry up completely. Read carefully all posts--then make your own decision. I am figuring on a price perhaps as low as .002 on high side down to .0005 (that's 1/2 of a cent). That's about where the new "gamble buyer" will make an offer. And there may be a herd reaction to take it--as it is better than zero.

It is easy to "talk the talk", but are those who do so also "walking the walk"--buying. Almost all will dump. I was a trader in securities as a co-occupation back in the 1980's for a couple of years. I like contrarian buying at times. My high price for any consideration here is .002--but that may be wasting money. I'm thinking at this point maybe .0005 to .0007. Read Integral's and Janice's posts. Then make your own decision. Dave

I just received a nice Email from Adam thanking me for my "pleasant Email" to him. I will only add that in my response back to him, I signed it with "My prayers are with you - Dave"

Would appreciate it if one of our new moderators would give us a brief refresher on grey market trading. Let me list my understanding first. On May 5th, in all likelihood, FASC will be activated on the grey market.There is no bid or ask. If you present an order, buy or sell, it will be filled only if anyone can be found who wants the other side of the transaction.

Usually, there may be a brief "honeymoon effect" where at a deep discount, there will be someone(s) who still want to take a gamble. Usually, shortly after that, a couple of days, it dries up on the buy side, and in most case the stock becomes worthless. Buy or sell orders can be posted, must be limit orders, should not be all or none, can be good till cancelled.

AS we got down to .006 while still listed, one can imagine the "Wallpaper effect" price on the grey market with those wanting to
get coffee money at least, before even that is soon not available.

Will a moderator please correct anything or things wrong in my understanding. Thanks - Dave

Net-Man - Understanding this "technical stuff" is more your expertise. I need it reduced to first grade level for my mind. But, what I do know is that Brian himself was the most enthusiastic about this particular French situation than any other--when I spoke to him .We really need to focus on France--and keep updated DD.

Some of your observations about Brian and totally in tune with my impressions. Should the France scenario play out favorably, things could change rather rapidly. As much as I appreciate our new moderator helpers, it would be nice to be that one in one hundred cases where their conclusions are incorrect. No one is perfect--not even Sambeau!! - Dave- Have a frozen margarita set aside --just in case!!

Net-Man - A part of your post, and perhaps the best post of the last few days. I quote you:
"Adam will be back in France in a few weeks working with CEA. The word is they are very happy with the material processed by KDS. Considering the scope of their project, I believe they will be back for additional machines."

Brian specifically stated to me, that if they liked France's one installation in France, after testing it, they was a possibily here of 15 to 20 sales from this source." He also said that a sale like this would get us back in full compliance. In paraphrased words he also said that the books were being kept up to date, and compliance could be met in short order. All that was needed was sufficient orders and business to accomplish this.

I might add that I thoroughly believed I was talking with an honest man--and one that was not going to abandon shareholders if he possibly could avoid it. Brian may have many faults and weaknesses, but, in my opinion dishonesty and "scam artist" are not a part of his character. Dave

At last. We have a Yogi Berra of the FASC Board in Sam:

"Excuse me, but it is what it is. And it's gonna be what it's gonna be. Still holding...Gulp!"

The postings are starting to increasingly center on management honesty--with polarized opinions and interpretations. Perhaps we need to look at the fact that we have a late in his seventies CEO--trying to hang on. I think the statement of deliberate liar ought to be put on hold. Let me give an example:

Last week a new on-site aide knocked on my door in my assisted living facility. AS she entered, I said, "Hello, xxxxxxxxx, it is nice to meet you and have you come in and fix my dinner". To this she replied, "David, Don't you remember? I was here two weeks ago, and fixed your dinner then!" To this I replied that oh yes I now vaguely recall. Embarrassing, but short term memory problems and other factors can enter in even where certified mail is concerned.

Inept management--could agree. Possible scam artist--could agree. But also possible explanations--without absolute interpretations--leaving open "grey area" of interpretation I believe are still possible.

Now, Sam, here's a new one to add to your collection. "Let's not eat the chicken before we know he is thoroughly cooked" - Gulp
--Dave

Net-Man - This, of course,is in complete opposition with RJ's post--who also has spoken with him--and has told us Brian's plans and advise to go private. I have not read yet, the posts beyond yours, so there may be some explaining that clarifies the two opposite statements. RJ is a very honest man--so I guess I need to get clarified why two different people hear two different versions. Dave

Sleepin Easy - I hope someone here has advice on how to find out the exact number of shareholders--and, in addition, the exact size of the float. This might then involve some revised thinking as to integral's post. Dave

After thought: Brian gets the gist of the concept. He could adjust the cut-off point to one related to the size of the float ans well as effect on stock price. Still good for us to know the float size though

Sunspotter - i received your private Email. I would like to respond to it, but do not have private message privileges. Is there an alternative way to reach you? Please advise. Dave

Email just sent =

Hello Brian and Adam -

As a private company, an excellent bit of advice for you was provided by a new FASC IHub Moderator helping investors with transitional adjustment to the present situation. I personally think it would be a wise, inexpensive and cost saving move for you.

Good luck. I, for one, am holding onto my shares as a private shareholder.

David Waite

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=113187708

Integral - If its ok to disagree with a moderator, I disagree with Janice's "LOL" response to your suggestion. (Just kidding, Janice). When you factor in the total capitalization of FASC, then factor in the fact a large percentage of the float is in just a few hands, it is indeed wise. In fact I am sending it on to Brian and Adam as a recommendation.

Am I ready to be elevated to your status! Guess not. Janice is just exhibiting her unusually good sense of humor. Like my son saying, "Dad, would you like to buy me a cup of coffee, or would you prefer to give me 10,000 shares of FASC. Humor can cover over pain, and maybe it helps a bit in getting rid of it.

You guys and gals have done an exceptionally good job in transitioning us with your extensive knowledge in your area of expertise. And your kindness in "not rubbing it in" shows you were well chosen for your people skills as well. Am sending your post, Integral, over to Brian.- Dave