Replies to post #36327 on First American Scientific Corp. (fka FASC)

[TRCPA]

Fasctrack.....I see it this way.

1) FASC hasn't asked for or issued a new share in (I'd have to check back to be certain now) at least 3 years, if not more.

2) FASC has fairly pressing loan and share obligations to Cal's estate.

3) FASC is in a clear KDS sales growth stage, and

4) FASC may or may not be in a comfortable cash position, just yet....but modest increases in booked sales (as I have pointed out on numerous occasions) will be able to handle not only Cal's estate loans, but Brian's too within a fairly short period of time (I don't see Brian being all that concerned about his own loans at this time; more so for Cal's estate).

5) Guidance will only go as far as booked revenues and profits, in the eyes of most shareholders (sounds like yourself included)

6) Brian has wisely indicated that he would not be asking for new shares while the pps is at current prices

6) New shares will ultimately need to be asked for to cover past and future share obligations to employees

Conclusion: All of the above leads me to believe that he will ask for new shares (to be used for past share obligations/ attract new officers/employees and build actual FASC plants) AFTER reporting a couple of quarters of booked sales growth and increased profitability; at which time we will see pps growth, and he will also introduce new officers/employees. I believe this will happen this year.

[rj2]

Fasctrack,

I will let Brian speak for himself. I called Brian and asked
questions for my benefit. I noticed that one of the posters here asked a question I already had asked, so I thought I would share.

I am the one who asked Brian about his desire for additional shares due to statements in previous 10Q's that made it obvious to me. Do I feel threatened?...yes, if you remember back a little over a year ago before the loss of Cal I questioned many things in the 10Q's that I thought was a negative and it was not received well here. I do not only feel FASC needs shares for a professional staff but to
satisfy those possible threats that were previously declared in the
previous 10q's.

Brian never called or volunteered the desire for additional shares. I pressed him on questions in the 10Q's that lead up to my asking him outright. Read the previous 7 10q's, see the evolving of obligations and the declaration of default and ask yourself if you have questions.

I guess that I am in the camp that I would rather be slightly diluted than get a goose egg for my money.

Question: Is there potential here? Yes
Question: Is there risk here? Yes

Risk/Reward?

I like you would like to see Brian do PR's. His answer to me is
that he reports real sales. He does not write about fluff.

Vote anything you would like that is what voting is about. I for one prefer to protect my investment and watch it grow.

RJ