Replies to post #2222 on First American Scientific Corp. (fka FASC)

[TRCPA]

Candstandsya........Do you know how much it will cost to fund the development of the KDS6000?

What I have heard, here and elsewhere, is that it will require an outlay of at least $500K, and probably more.

And there was also a response that this has already begun, via AGES.

And according to the SEC reports, the CEO and CFO were paid a combined total of $170K last year. Certainly, the other remaining employees were also paid salaries, as per the reports.

I have also heard that the company would be using some of the US DOE funds, if Phase II grant is provided.

Further, the current model of the KDS has been undergoing changes and modifications on a rather continuous basis for several years already. And there have been two sales of recent, and 2 other KDS are marked for UZP Ltd.

So my question back to you, given all of the above, is "what other solution would you have for that kind of funding, while the company seeks more revenues currently"?

Your answer to the above question, since you raised the issue, would be most welcome.

TIA,

TR