First American Scientific Corp. (fka FASC)

[TRCPA]

Waitedg......not difficult to see at all, IMO.

Short-term, KDS sales are the direct path to solving short-term cash flow.

Note the revenue-booking policy below.

Revenue and Cost Recognition
Revenues from the sale of KDS machines are recognized when there is a sales contract, all terms of the contract have been completed, collectibility is reasonably assured and the products are delivered.

Tells me that there could well be sales contracts that we don't know about, given that the revenues won't be booked until "all terms of the contract have been completed".

I'll be looking to see what next week's 10Q has to say, as I continue to watch the O/S count closely.

I like the signals, however.