First American Scientific Corp. (fka FASC)

[rj2]

TR,
"is that FASC may be limiting its sales potential by its policy of taking 1/2 down on sales orders. "

It is not limiting in every case but very necessary in some. We also need to understand the strength and credit worthiness of who we are working with or selling to. The worst thing that can happen is to not make delivery. Your liabilities will not be limited to the cost of the Machines in many cases but performance.

It is the larger established Companies that will Scoff at a 50% deposit in leiu of 20 to 25%. Some do not pay any. Weak Companies must pay the 50%. Flexibility will be needed and FASC should have someone on staff to make the determinations.

My opinions/experience

RJ