Replies to post #10438 on First American Scientific Corp. (fka FASC)

[Jagman]

TRCPA, I just clicked on the "Contact WRAP" at their website. The London mess may have had an effect too, other things on their minds.

Haven't done my homework on 5 OTC's without debt, I'll go with your findings on that one, :)))

I did notice that many successful companies have debt, maybe that's where FASC went wrong, but I'm sure they knew potential revenues wouldn't handle the debt load so they decided to let shareholders pay the rent, salaries, trips, and bonuses. That way they wouldn't have the liability of personal guarantees on loans.