Replies to post #2180 on First American Scientific Corp. (fka FASC)

[Waitedg]

TR - Didn't upset me! Bought 23+K yesterday--and now have put up all my shares to sell at .16. Seems like a high price to many. I see the possibility of several PR's coming one after the other. Randy at Equitilink told me a news release relative to Atlas Mining should have been forthcoming the first half of this past week. Realize this informatin is questionable. But I do believe there is something in the works with Altas that will lead to a couple of more KDS's being placed here.

Then there is the trip Cal and Bill have just taken (or may still be on). I am an optimist that something good will come from all this. Finally there are the occasional surprises that come out of the blue.

Saw FASC rise quickly from .045 to .11 on last thrust. So from .06 area have set an arbitrary .16 sale price. Nothing to lose. I am only exiting FASC temporarilly as I have another short term investment that I believe will provide a rapid increase in capital. FASC remains my #1 long term investment. Waitedg

[megster]

TRCPA After 5o years of "playing" the market, nothing upsets, nor surprises me. Especially dealing with the pennies.
One rule is never, ever take News Releases at face value. Management are obligated/motivated to put as positive and favourable spin on any and all developments, potential or actual.
Most are "weasel worded" and include, hope to, expect to, plan to, would like to etc. They all announce signing L.O.I's
JV's, expressions of interest from majors, in talks with, yet in most cases these deals tend to get delayed and over time, and as Gen. McArthur said about old soldiers, they never die, they just fade away.
In a few, very rare cases a Company will make it and some, big time. I truly hope FASC is one of them, for many reasons, but mostly for all the real believers like yourself and many others.
Just suggesting that a little objective skepticism, based on history might be prudent.
E.G. Do you think that ZEO has actually completed their financing as impleid in their latest filing?

p.S. Third post, finshed for the day. Will have to answer any questions over on RB

[megster]

TRCPA After 5o years of "playing" the market, nothing upsets, nor surprises me. Especially dealing with the pennies.
One rule is never, ever take News Releases at face value. Management are obligated/motivated to put as positive and favourable spin on any and all developments, potential or actual.
Most are "weasel worded" and include, hope to, expect to, plan to, would like to etc. They all announce signing L.O.I's,
JV's, expressions of interest from majors, in talks with, yet in most cases these deals tend to get delayed and over time, and as Gen. McArthur said about old soldiers, they never die, they just fade away.
In a few, very rare cases a Company will make it and some, big time. I truly hope FASC is one of them, for many reasons, but mostly for all the real believers like yourself and many others.
Just suggesting that a little objective skepticism, based on history might be prudent.
E.G. Do you think that ZEO has actually completed their financing as impleid in their latest filing?

p.S. Third post, finshed for the day. Will have to answer any questions over on RB