First American Scientific Corp. (fka FASC)

[Net-Man]

cpac - I believe that 1 very near term event will move the pps to .03-.04 When the new revenue stream is up and running, this will have an immediate affect regardless of the status of the financials. Add on top of that any new sales that take place over the next 3 months and the pps will move incrementally for each new sale. Frankly, the new revenue stream could very easily cover operating costs and possibly a small profit. That being the case, machine sale revenues will go straight to the bottom line.

Some have used a 40x through 80x revenue to determine pps value. While I would be happy with either number, I am using a 25x revenue in my projections mostly to be conservative.