Replies to post #30297 on First American Scientific Corp. (fka FASC)

[Cousinrolf]

Fellow Longs

I am always amazed at how "slow" our financial auditing firms do business. If they were in another line of work, the unemployment level in this country would be much higher!

Or is it just "smoke" to cover something else?

From the 10K late filing form

PART III - NARRATIVE


Auditors were unable to complete their review of the audited financial statements

Note: Auditors "review" of "audited financial statements". They are auditing the auditors? Neat!

[rodrth]

TR, if I had any spare change, I would be buying right now.

In retrospect, compared to the odds I took before. The chances of FASC pulling it off now are a lot better than they ever have been.