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bobsnook66

06/29/04 10:18 PM

#3128 RE: lighthawk #3126

very well put lighthawk. our future has to start comming out of the future and into the now.
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techisbest

06/29/04 10:57 PM

#3131 RE: lighthawk #3126

Lighthawk: Would like to know the truth about VMHVF's awakening today. Understand your frustration with FASC. It's a malady most of us share.
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Gd2Aussie3

06/30/04 2:22 AM

#3136 RE: lighthawk #3126

Lighthawk..Very reasonable post. Many longs are in the same boat. And, even though they won't admit it, they're feeling the same pain as you are. Five years is a long time. Some have waited longer. It is very frustrating to see a company like VMH that FASC doesn't own any more doing twice as better. Not knocking you; but, if I'd have said the same sentiments, it would have been construed as bashing. Unfortunately, as I have never bashed FASC or any stock that I own or ever owned.It's like a couple of posters have pointed out, FASC is a good company with a good product; but, it also is a company with a lot of hard questions concerning management and FASC's reports. You've addressed some. Others seem to chose to ignore them or paint a rosy picture that's not there.

IMHO.
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TRCPA

06/30/04 8:02 AM

#3138 RE: lighthawk #3126

LH......yes, its been quite the long wait. FASC looks to be on the verge of finally completing that transition to revenue financing, from basically equity financing.

From a purely selfish viewpoint, I am thankful for the extended wait, as it has allowed me to accumulate more shares than I had expected.

The 2 KDS sales/quarter, alone, at market, is the point at which break-even cash flow exists. That, of course, excludes whatever future revenue streams that are provided by the JV's.
And, of course, we have yet to see AGES weigh in yet.

The ManageSource Report addressed the entire scope of things quite well, in my opinion.....including how dilution has had an impact....AND, how the value of limited/no debt financing at this stage of the company's development.

JMHO,

TR