First American Scientific Corp. (fka FASC)

[TRCPA]

LH......yes, its been quite the long wait. FASC looks to be on the verge of finally completing that transition to revenue financing, from basically equity financing.

From a purely selfish viewpoint, I am thankful for the extended wait, as it has allowed me to accumulate more shares than I had expected.

The 2 KDS sales/quarter, alone, at market, is the point at which break-even cash flow exists. That, of course, excludes whatever future revenue streams that are provided by the JV's.
And, of course, we have yet to see AGES weigh in yet.

The ManageSource Report addressed the entire scope of things quite well, in my opinion.....including how dilution has had an impact....AND, how the value of limited/no debt financing at this stage of the company's development.

JMHO,

TR