First American Scientific Corp. (fka FASC)

[sunspotter]

"At this point, the one key thing I would add for consideration would be a new share request or private placement"

It's my understanding that SEC-reporting companies that are delinquent with their legally required filings are prohibited from new share issues of any kind, although I could be mistaken.

I'll check it out and let the MB know.

It's probably an academic question anyway, in the sense that nobody who had any sense would buy shares in a company that chose to ignore its statutory obligation to file with the SEC.