Replies to post #41425 on First American Scientific Corp. (fka FASC)

[TRCPA]

So now, operating on the assumption that the significant legal obstacles noted in the prior post are able to be overcome, we wind up with about $4 million in new equity value for which to fund a new CEO and new FASC-owned biomass project.

The floor is open to what the perceived costs of a new CEO would be, and more detail on costs associated with a new FASC-owned biomass project.

[Fasctrack]

I am not so sure you would have any "buzz" factor after suffering the stigma of a reverse split.

[Net-Man]

TRCPA - There is an additional consideration - the improved balance sheet. That would have a significant shift in the overall value of the company. So it isn't clear to me the pps would merely double. With an improved balance sheet, cash, and a business plan that is aimed at producing revenue, I believe the pps would actually be higher. Moving forward with a biomass business would not only produce revenue, but it would also market the KDS.

fwiw,

Net-Man