Replies to post #8243 on First American Scientific Corp. (fka FASC)

[TRCPA]

If you look above you in the IBOX, you will find the progression of updates on HAL, WRAP, and AGES, among others.

In the case of HAL, there was the formation of UZP Ltd. back in late 03, followed by the Halliburton contract signing in April, 04. This was followed by the purchase of land for the plant, the raising of funds for the plant construction, and then the finalization of that construction.

So now after all of the above, we are awaiting full operations at Princeton to begin. That would be the next and final step in the process.

As for WRAP, you will see above that WRAP granted FASC funding, along with purchasing a KDS last year. Subsequent to that, the parties decided on an 18 month joint project, followed by the announcement of Aylesford Newsprint as the target location for the KDS plant, last month.

As for AGES, the long-awaited first project and development of the KDS3000 got put into play via the SDTC funding. That development is now underway, as we await the announcement of the site, there, for the KDS.

With a 10Q on the way in a little over a week, I would suspect we will get updates on these and other projects.

[Jagman]

Setonian: I can't find anything good about FASC as an investment right now. It's a 3 cent OTC stock with dilution used to pay the bills. That said, ANY PR could drive it to 5 cents maybe, BUT there are those here that are in HEAVY and are praying to God to at least break even. They may jam the exits on any small spike. If they get some regular business, I may take another look after the reverse split (my opinion only). GLTY.

PS: Read this quickly because it may be deleted.