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Re: Jagman post# 10052

Sunday, 07/03/2005 10:10:39 AM

Sunday, July 03, 2005 10:10:39 AM

Post# of 53980
Jagman........you say....

"Just ain't no way revenues are covering the burn rate, IMO. If true, I'm sure that info would be quickly released by FASC as most companies do when they see light at the end of the tunnel."

FASC "quickly releasing" information? The website only seems to be updated after a press release.

And the policy has been to only press release information after a project is not only signed, but sealed and delivered.
The kind of policy that some here....on both sides.... have complained about.

For my money, I like the policy.

Sounds to me like yours is more of a sweeping generalization, borne of one who holds the same opinion of all OTCBB companies.

I happen to not be of the opinion that all OTCBB companies are born equal. Not even close, in my estimation.

Here's another thought, IMO.

Revenues are covering the burn rate and then some. The numerous projects in place.....all over the world.... are just beginning to bear some revenue fruit.

And the opportunity may exist that the company can do a share buyback at very cheap prices.











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