First American Scientific Corp. (fka FASC)

[sunspotter]

Sambeaux is of course correct.

Anybody looking at a potential supplier will want to know that they are sufficiently financially stable to be able to stay in business in the medium to long term, in order to provide any after sales support required or to purchase new equipment, consistent with existing equipment.

You also want to know they're not going to fold when you've paid them for services or equipment that hasn't yet been delivered.

Companies that are dependent on diltuion to survive and who compensate their suppliers with increasingly worthless shares don't come up on the various screens as good credit risks. There's a whole service industry that performs such checks on potential suppliers or partners, and you can be reasonably sure that FASC doesn't warrant a triple A credit rating, and part of the reason for that is indeed the poor market capitalization, reflected in turn by the stock being priced at pennies.