First American Scientific Corp. (fka FASC)

[TRCPA]

Not sure about some of that, but it is the same one that has been reporting about $10,000,000 of losses per quarter.

http://finance.yahoo.com/q/is?s=cpst

All numbers in thousands
PERIOD ENDING 30-Jun-05 31-Mar-05 31-Dec-04 30-Sep-04

Net Income (10,865) (9,998) (9,770) (9,147)

They are going to have to do much better on their gross margins, for starters.

PERIOD ENDING 30-Jun-05 31-Mar-05 31-Dec-04 30-Sep-04
Total Revenue 3,807 5,405 4,683 3,925
Cost of Revenue 7,224 6,766 6,427 5,625

Gross Profit (3,417) (1,361) (1,744) (1,700)

But the marketplace has obviously seen something new that they have liked over the last two months for a 400% pps increase to occur.

I guess pps situations can sometimes suddenly change drastically for the better, in spite of such horrendous reported numbers.

Maybe it helps them to be on NASDAQ with such heavy losses.