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Re: rj2 post# 31714

Tuesday, 01/18/2011 6:03:53 PM

Tuesday, January 18, 2011 6:03:53 PM

Post# of 53982
rj2

I've posted this idea before. If we are talking authorizing a share increase ...


I would be willing to entertain an authorization to increase the number of shares with certain restrictions.

We are all aware that a share increase is dilution to the existing share holders.

What if the max shares were to be increased to 400,000,000 shares. (doubling the current)

To aid in the dilution suffered by all of the longs,

100,000,000 (half of the increase) would be set aside to be split amongst all current stock holders that are still holders 5 years later. That is to say, if I hold 2,000,000 shares at the time of the increase in shares, 5 years later, I would get 1%, or 1,000,000 shares, of the 100,000,000 shares set aside, if and only if I am still an investor in FASC after the 5 year period.

The other 100,000,000 could be used for cash flow as needed with some restrictions directly related to price.

For instance:

Up to 10,000,000 would be authorized to be sold if and only if stock prices are above $0.03

Up to 10,000,000 more would be available if needed at a price above $0.05.

20,000,000 would be made available at a stock price of $0.10 for the expressed purpose of eliminating the management debt.


If we are longs, the dilution is somewhat offset by the 100,000,000 shares. It also gives me, as a long, incentive to stick around for 5 years.

It also ties needed cash to share price.

Management will be obligated to provide sufficient PR's to push the price to the trigger point before they can get their hands on any needed capital. This may just improve communication between management and us investors ... and this seems to be the biggest problem we have with FASC management.

BILL

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