First American Scientific Corp. (fka FASC)

[sunspotter]

"The only thing to do is hang on and watch for last quarter 2011 results that will be reported early 2012. Hopefully we get positive forward looking statements in the up coming 10Q"

Forgive me for saying this, but hasn't this been the mantra with FASC for several years now?

And why would anyone choose to believe any forward looking statements from FASC's fine "management" given that such positive statements have been made over many years now but have never resulted in an actual benefit for FASC's long suffering shareholders?

The 10K is dismal, the prognosis based on FASC's historical performance and failure to deliver is dismal, and all the nonsense about market maker manipulation and all the other excuses have been shown to be just that - excuses.

I'm utterly baffled as to how anyone can defend this stock any longer.