Replies to post #12 on North American Scientific Inc. (fka NASMQ)

[THE LURKER]

I posted that comment almost 15 months ago. What I remember is an article saying that Brachytherapy services had bought out all the assets of NASM. However, I looked into this and found that NASM is working on medical devices but what they now own I don't know. I did a quick check and found this on Brachytherapy's website:

Brachytherapy Services, Inc. has its roots in a company known as North American Scientific, Inc., which started manufacturing industrial radioactive sources back in 1990.

It appears the Brachytherapy feels it came out of NASM but obviously NASM is still doing something. It appears that NASM filed for Chap 11 because the Banks reduced their line of credit and they needed to protect their assets. Hope this helps you.