First American Scientific Corp. (fka FASC)

[charlie02356]

St-Malo: Thanks for checking in with your update.

TR: Sorry, I can't call it "excellent news" since the single KDS was pretty much a given. We were hoping that the larger project requiring 3 machines would get the financing needed but, as is the case with selling the KDS, that is hard to come by. In that regard I'm disappointed. And as it's going to be another demo machine so future sales generated from it could be a year or two away, IMO. I've waited long enough and don't have that many "year or two"'s left.

Let's hope you're right about this being the sale needed to get over that damn camel's hump known as the SEC, but since we have no real idea of the state of the company's finances we can only surmise.

Adam, is constantly saying they have a lot of potential deals in the works but closing them is another story.

Charlie