"There has been no (ZERO) comprehensive statements on FASC in YEARS."
I certainly think it would be a cruel trick to recommend this most woeful of stocks to friends and family - as some have suggested others should do - unless they were the most sophisticated of investors, the irony being that no sophisticated investor would contemplate holding a decade-long failure with a broken business model such as FASC in their portfolio.
Over the years I've watched countless penny stocks like FASC being promoted by true believers - and others with more ignoble motives - to those who are gullible enough to fall for the get-rich-quick promises that multiplying a pps ten times or more can seem to offer.
The result is invariably ruined retirements, wrecked IRAs and 401ks, college funds reduced to dust, folk forced to take extra part-time jobs to make ends meet, and (fortunately very occasionally) repossessed homes and once even a suicide.
To those who suggest exploiting one's own social networks to recommend FASC, I would say by all means speculate or bet with your own money, but to encourage others to buy FASC stock is the height of irresponsibility.
"It is difficult to get a man to understand something, when his salary depends upon his not understanding it."
Upton Sinclair
"Nobody ever went broke underestimating the intelligence of the American public."
H. L. Mencken
