First American Scientific Corp. (fka FASC)

[rj2]

Hi Net,

I would agree with you based on deposits. How-ever FASC does
not book sales until delivered and paid for. Because of this there
may be sales not reported yet in this 10Q. How-ever looking forward
as Sales become more regular we will start to see overlap causing
10Q's to be more consistant or at least some sort of flexible averaging. I hope Brian can give us some guidance on this in the 10Q.

I still have not heard TR's thoughts on costs of providing 10Q's or the cost of requesting Shares. If he is able to do this it would help us understand the overhead involved with just being a small public Company in this reguard.

I am definitely intermediate on FASC at this point. Definitely not short and not sure about how long without FASC diversifying their sources of income a little.

RJ