Replies to post #9046 on First American Scientific Corp. (fka FASC)

[TRCPA]

Correct on AGES, and in addition to the KDS being paid at that time, FASC also is due an additional $25K royalty per AGES sale.....in addition to their 40% ownership of the company.

I'm not aware of any recent sold KDS that were returned. Can you provide an example?

As for the 10Q/10K, some lessons in understanding these reports in general might help......although they seem straightforward to me. Perhaps then, the reports would clarify some things for you. Granted, they are written for the SEC. But those are simply the same rules that apply for all reporting public companies.