First American Scientific Corp. (fka FASC)

[rj2]

Beischens,

I like your idea, how-ever the PPS numbers you use are way to low.

We have low PPS due to current performance and lack of ability to PR anything of real value. How-ever at the end of 2011 the situation changes and the need for cash flow will probably be needed to help finance growth.

I agree dilution at this time is a bad idea. How-ever shares being issued at a time when obvious growth needs financing would change things. It would increase our $ value even while dilluting % ownership.

We would need to be in a "real" position that would support a truthful and real content for a PR blitz. That is what I am beginnning to see for 2012.

A shareholder rights offering would give longs that want to remain with the company the ability to purchase shares at a discount and protect ownership. And I think you are correct that 1 right per current share is typical?

Lets communicate our ideas with respect, patience and assistance to Brian.

I also would like to see the authorized shares doubled subject to
being done in conjuction with shareholders rights and timed after or at the end of 2011 when there is performance to support a $ 1.00 per share retail issue.

TIA,

RJ