Replies to post #10739 on First American Scientific Corp. (fka FASC)

[Jagman]

Sam, they will get with the OTC program shortly:

VMHVF

NOTE 2 - COMMON STOCK

During the nine months ended March 31, 2005 the Company issued 241,000 shares of common stock for employee Christmas bonuses of $2,410; 190,000 shares of common stock for services of $7,500; issued 8,440,000 shares of common stock for consulting services of $197,000. The Company also issued 1,300,000 shares of common stock for expenses of $65,000 incurred for new web site development and 190,000 options were exercised for $9,025.

NOTE 3 - STOCK OPTIONS

On March 24, 2004, the Company's board of directors approved the VMH VideoMovieHouse.com 2004 Nonqualified Stock Option Plan. This plan, subject to the authorization of the Company's board of directors, allows the Company to distribute up to 5,000,000 options on common stock shares to officers, directors, employees and consultants at an exercise price of up to $0.25 per share.

On October 8, 2004 the board of directors approved an increase in S-8 stock to 15,000,000 options on common stock shares to officers, directors, employees and consultants at an exercise price of up to $0.03 per share.

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