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Net-Man

10/23/13 2:43 PM

#43845 RE: charlie02356 #43843

charlie - You may be right about needing more sales to get the auditors paid. Forgetting all of the sleuthing going on for the moment, St-Malo seemed to have a fairly specific timetable in mind for his 3 machines. Even if his timing is off by a few months, having 5 machines sold in this fiscal year will actually look pretty much OK. If there are any other sales along the way, FASC could potentially have one of its largest sales years in a very long time.

fwiw,

Net-Man
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rj2

10/23/13 3:56 PM

#43849 RE: charlie02356 #43843

Hi Charlie,

I was talking to Brian on that subject a few weeks ago. I shared my opinion of getting FASC back on a solid financial footing, satisfying Mainland and other current expenses before worrying about the SEC Filings. It would do us no good to be current with the SEC and have the rent and other expenses not paid. Staying in business is the most important thing for Brian to do.

My opinion,

RJ