Replies to post #2226 on First American Scientific Corp. (fka FASC)

[Gd2Aussie3]

That DOE grant would be a great, great shot in the arm. would quite a lot of fears. when is the decision to be made on it?

[rodrth]

TR---I'm confused,,,,,meggs just recently said that it would only take $80K Canadian to build the 6000?

D

[cantstandsya]

TR

That's simple, sell shares. Sell 10,000,000 of them if that's what it takes to collect the $500k. Why not? That's what they are for, are they not? Is it not time to, pardon the expression, poop or get off the pot?

But that brings us to the real issue, and that is there may not be a solution AT THIS POINT. Besides the fact that they can't get traditional financing, it's that the 100,000,000 shares, authorized under Cal's premise that they would be used "sparingly" for the production and marketing of the KDS, where instead used irresponsibly in my opinion, primarily to pay large salaries & bonuses, leaving FASC in it's current state of affairs.

Perhaps you can tell me why FASC can't simply sell 10,000,000 shares tomorrow to fully fund the KDS6000 and move thinigs forward?

TIA