Replies to post #34272 on First American Scientific Corp. (fka FASC)

[TRCPA]

Fasctrack........exactly why my guess is that Brian won't issue a request for new share authorization....at anywhere near these pps prices.... until some rather substantial new revenues are realized.

[Net-Man]

Fasctrack - I couldn't agree more. An increase in shares really doesn't resolve the underlying issue. More revenues, however, does manage the problem - not enough cash for current operations, R&D, and loan repayment.

As TRCPA noted earlier, the fact that management continues to loan money to FASC, the better. Assuming they are rational, there must be an expectation of getting repaid. The only way to get that amount of money repaid seems to be revenue generation. Is there another way?

fwiw,

Net-Man

[Fasctrack]

Despite my morning rants, I would vote my 1% in favor of $100 million share increase provided I see Company announced (revenues and profits (10-Q disclosure will do) and significant price increase. How significant I just don't know. To go from .025 to .15 while on a percentage basis is a 600% increase, I am still not sure that raising the price a mere .125 is enough. I would love to hear some commentary on what might be an appropriate price.