On May 2, 2014, First American Scientific Corp. received a delinquency letter sent by the Division of Corporation Finance requesting compliance with their periodic filing obligations
Email to me on 3/13/15 from Brian:
The SEC has not made any contact with me to date. I am aware of the risks. However, at this time FASC is short of cash to pay for the audit. I still keep our operation current monthly so when we are to pay for this it will go smooth. In Canada the only area is BC where trading is restricted that I am aware of. In terms of how optimistic I am this has not changed .
An out-and-out lie!
PS I just sent a email to Brian (cc Adam & Kelly) asking to explain his lie and what he intends to do about the suspension.