First American Scientific Corp. (fka FASC)

[sunspotter]

"So, until more is actually reported in a public forum, I am in favor of the status quo."

I think you're right.

If as the company's supporters claim, FASC is just about to become profitable, then they should have no problem attracting finance on reasonable terms from respectable companies - if banks can be called respectable nowadays - without the sort of rapacious dilution that most penny stock companies seem to indulge in.

Showing a profitable business and a sound business plan would work wonders with most institutions.

I also concur that the desire of FASC's management to embark upon dilution of 100%, which is essentially what 200 million shares amounts to, suggests that they are not as confident as their supporters about the prognosis for profitability.