Replies to post #46047 on First American Scientific Corp. (fka FASC)

[TRCPA]

Net-Man......picture just one of those multiple quotes coming to fruition. Let's go half way between 4 and 20, and say FASC gains, again, just one of these deals for a 12 KDS sale.

Assuming that they all were booked in the same fiscal year, that one deal alone would likely yield the following.....

12 KDS X $300K average sale price = $3.6 million gross sales

12 KDS X $150K cost of sales = $1.8 million gross profit

Estimated annual gen and admin exp = $500,000

Estimated net profits on one deal = $1.3 million, tax free due to loss carryforwards

$1.3 million X conservative 20 p/e ratio = $26 million market cap or 13 cents/share @ 200 million shares outstanding.

All based on just one KDS deal.

Any wonder why we see the risk/reward as we do?

TR

P.S. Bought a little more yesterday.

[Al4343]

Continued flawed reasoning...Why would anyone other than the die hards that are over invested consider the same assumptions??? FASC has a CEO that simply refuses to fulfill his obligation to communicate to the shareholders (and market), and has not confirmed ONE SALE in years. Yet we are to believe this is the time?? Obviously the market is indifferent. With continued silence it will remain so...

Al

[charlie02356]

Net-Man: There was no commotion over that statement because a) we're just waiting for a couple of single sales to get us back on our feet, and b) there's only 6 of us watching this board. If financing one machine takes a long time (e.g. St-Malo approaching 2 yrs) does getting the monies for multiple machines increase geometrically or exponentially? Either way it won't be easy.

The lofty numbers TR just posted are exciting to look but unrealistic until such time when all SEC requirements have been satisfied and we hear about a couple of single sales and a new website.

IMHO

Charlie