RJ.....I think there is no doubt he would certainly find support for new share authorization, if if was presented as absolutely necessary for FASC to continue.
The SEC reports are also clear on this.
"Management’s plan to address the Company’s ability to continue as a going concern includes: (i) obtaining funding from the private placement of debt or equity; (ii) realizing increased revenues from sales of the KDS system; and (iii) obtaining loans and grants from financial or government institutions. Management believes that it will be able to obtain funding to allow the Company to remain a going concern through the methods discussed above, though there can be no assurances that such methods will prove successful."
This is why I think that he has a lot more potential in his pocket than he is showing.....and believes that he can wait on these projects to develop, impatient as he/we can all be.
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