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Gold/Mining/Energy : FASC (First American Scientific Corp)

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To: Lee Bush who wrote (221)6/10/1998 6:58:00 PM
From: jmt  Read Replies (2) of 972
 
Lee.. Read the detail

This stuff sounds neat. I don't mean to hit yo with more questions, but I will talk out loud as to what I am thinking and If you have the time and intimate knowledge of the product, I would be interested in hearing your thoughts.

How much does each unit cost?

How broad is the patent? Can someone develop similar functional machinery to compete head on without violating the patent.

IF they can sell the viability of the technology, then they will likely get financing. They mentioned a collaterilized loan. I wonder what the collateral might be.

This technology sounds exciting, but were you at all concerned why the gentlemen recently left the company if they were on the verge of taking the product to market? I wonder if he owns any shares?

Again, thanks for the link.

jmt
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