First American Scientific Corp. (fka FASC)

[Waitedg]

Janice -

You, and the other new faces here, are providing a calming influence with realistic answers. The kind of DD you are providing has been long needed on this board, yet discouraged. I find your assistance here helpful, and to most posters--a likely transitional service to us as we face what is statistically very likely--the demise and worthlessness of our investment.

But I want to ask you several contranion scenario questions. Assuming the very long shot situation occurs:

(1)Brian Nichols comes up with the money to get his fiancials up to date and proceeds, and

(2) Assume that he is the rare exception who is not out to chisel the shareholders.

What are the possible scenarios of a Grey Market company working with investors? Could the hurdle of getting reinstated be at all possible? Or does the present situation likely totally limit FASC's current options to only existing as a private company? If so, what are the restrictions on privacy and confidentiality of management toward private investors--as compared to a listed company?

Will you kindly respond to this for me? We are fortunate to have someone with your expertise helping us. Thank you - Dave