First American Scientific Corp. (fka FASC)

[Waitedg]

Since we have no way to go further down other than consider we "own wallpaper", I think we might consider some long shot, positive considerations.

As I think about it, it comes to me that anything positive most likely will come from FASC as a private company. I wonder, assuming positive increased sales, and an honest Brian, if a private reverse split might be considered as a management strategy. Too costly? Perhaps. But a 1 new share for 10 old, or more likely a 1 for 5 reverse would get outstanding shares down to about 40,000,000. Only feasible if a real value came back to at least .02 per old share.

Getting FASC back up to dime (old value .02) would give it some semblance of connection to the real world. It would also be more connective to a buyout or takeover for the technology value, and tax loss advantages of a prospective suitor.

I have a hunch that FASC may choose to not go public again--even if it has the finances and legal capacity to do so. Only a hunch. So "shoot me down" or add a couple of logs to the mini-fire. As low as FASC sinks, something inside me just cannot spiritually "toss in the towel". - Dave