First American Scientific Corp. (fka FASC)

[Net-Man]

sunspotter - Thanks for keeping it real. I felt the same way for several years. Considering the information in the most recent 10Qs and direct discussions with Brian, I feel more confident that profitability is near. Although I would be very happy if that happened sooner as he suggested may be a possibility, end of the year would be okay too.

Something to consider, no new shares have been issued in nearly a decade. Operations have been paid through revenue and loans from Brian and Cal - putting money where their mouth's are. The one key point that swayed me recently was the 10Q statements. Outright stating that revenues are on the way is a significant change over what has been stated in the past. Granted these are "forward looking statements", but they have never been stated before.

Getting some form of news release would certainly help us understand what is really going on and provide a much more informed basis for this investment. The non-disclosure agreements in place are a big factor as to why these are far and few between. Just the same, the DD being done by various board members has identified several projects that FASC is involved with that have never been directly acknowledged by the company - big names are involved. As you stated though, there is no direct path to KDS sales based on the DD. However, there is simply too much information available in the past 6 months for me to do anything but believe Brian when he says positive revenues and profits are on the way.

fwiw,

Net-Man