Replies to post #34256 on First American Scientific Corp. (fka FASC)

[charlie02356]

I agree Fasctrack.

Net losses
2009 $484,000
2010 $664,000
2011 ...wait for it...$1,121,000

"No sales to date" (Pick your country)

"One full time employee"

Plus he's setting us up for increasing the number of authorized shares, which would probably dilute us below a penny.

If the 10Q sucks like this 10K, then Brian should sell.

Oh, but wait, "near term" profitability is almost here!

Maybe I'll have to eat my words, but it would take a miracle PR/10Q to salvage anything this year.

IMHO

[rj2]

FASC,

The 10K is the past, the last quarter of this year is yet to be seen. I do believe we are heading towards profits how-ever read pages 38 and 39. I hope we are still on board to be apart of those profits. If we sell we get a nose dive in PPS, if we don't vote more shares we get sued? If we vote more shares we need to find out how many shares Brian is looking for. I figure it needs to be a conservative amount, but needs to be done.

At one time I was believing that the salaries would wait for profitablity, Cals death looks to have changed that.

The only thing to do is hang on and watch for last quarter 2011 results that will be reported early 2012. Hopefully we get positive forward looking statements in the up coming 10Q

RJ