Replies to post #9058 on First American Scientific Corp. (fka FASC)

[Jagman]

Yeah, I bet those boys cry in their steaks and lobster tails every night in frustration.

[bobsnook66]

imho that is not the problem here. i did not like the bonus they took awhile back. but how much money are we talking here? it looks to me like they are getting paid and not that well. the problem i am refering to is lack of sales. revenues and the low pps. how much money have they taken in the last five years? do you really think that there big saleries[sick] are the problem here? i seam to remember that they took no pay for a long time. this company is not a scam. real company with real problems and not run by thieves.

[the daemon]

another difference is that if mngmnt fails to make this company work they are out of a job, and lose around 10-15 million shares (or more). and even if you think they are overpaid and took an unearned bonus( i don't but see the point), they will still be highly motivated to make this work if for no other reason than to keep the money flowing.

some folks around here lose 50k shares (wow...buys a nice bike...maybe). i think that mngment is MUCH more motivated to make this work than some people give them credit for.

and while i'm at it comparisons to mega comanies like enron, gm, catapillar etc... whether positive or negative are LUDICROUS.

this is a high risk penny stock, to discuss it under any other paradigm shows a lack of understanding of reality or more likely a willing misdirection of the situation.

as far as i'm concerned i haven't lost a dime until this company goes under, and i still expect to see them make it work and make me a lot of money in the process. imofwiw