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Re: bobsnook66 post# 8629

Monday, 05/16/2005 10:39:16 AM

Monday, May 16, 2005 10:39:16 AM

Post# of 53980
Bob......you make some great points, IMHO.

And here's an idea, just in case management is listening.

Looks to me like the pace of KDS sales and revenues is starting to increase.....not greatly, but incrementally.

Almost $70K of non-KDS sales income this past quarter, the S.Korean sale reported but not yet booked, and another signed KDS sale awaiting a deposit, per the 10Q. And the company's liabilities continue to be reduced.

Now......let's say FASC generates some additional cash flow from revenues, of say, $500K, for example.

Right now, that $500K would be able to buy back nearly 20 million shares of FASC! Now, I realize this would affect the current share price upwards, so they might not be able to buy that many shares with the $500K.

But....wouldn't that send an excellent signal to the markets, and drive up the price with volume, while trimming the O/S back to 160 million at the same time?

There's one advantage to the current pps situation.

Instead of talking about dilution, we would be talking about a lowered O/S.

Whaddya say, management? Under consideration?






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