First American Scientific Corp. (fka FASC)

[sunspotter]

So does that mean you believe that the most important part of a regular, normal public to private transaction will happen here?

"At the most basic level, the private group will make an offer to the company and its shareholders. The offer will stipulate the price the group is willing to pay for the company's shares."

http://www.investopedia.com/ask/answers/05/publictoprivate.asp

I'm willing to bet good folding money that neither Nichols nor anybody else associated with FASC makes any such offer to existing shareholders.

If anything I expect to see Nichols try to dun some more cash out of his existing victims by asking for more money under the pretext of getting the show back on the road.

But if you've heard differently recently, do let us know.