First American Scientific Corp. (fka FASC)

[Fasctrack]

I am not very happy about this:

The Company evaluated its September 30, 2010 financial statements for subsequent events through the date the financial statements were issued. The Company is not aware of any subsequent events which would require recognition or disclosure in the financial statements.

So nothing material to report for the period from September 30th through today? I suppose that may be true since Cal was laid up for 4 weeks. Nonetheless, still disapointing.

I don't get the impression that true focus and attention is given to the preparation of these quarterly reports. I know from experience (at least as to smaller companies) the quarterly reports are completed primarily for compliance purposes and not truly with an eye toward dissemination and disclosure of information to shareholders.