SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : FASC (First American Scientific Corp)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lazarus who wrote (245)6/18/1998 3:08:00 PM
From: Osiris  Read Replies (1) of 972
 
I have spent some time analyzing the info on the FASC web page. I have some questions I hope are not old hat.

1. <<Major tire manufacturers are very interested in our grade of rubber, where it would be used as a high-grade extender (filler) for the production of new tires. Present usefulness is limited by particle size and characteristics, both of which are superior with our method.>>

Have the names of these 'interested' manufacturers been mentioned at any time?

2. <<Negotiations are underway with a major technical university to address the issue of the cooling system requirements. An announcement regarding this joint venture will be made when the agreement is finalized.>>

As I understand the info, the web page is dated to ~10/97 has this issue been resolved?

3. <<.Since commencing production in March 1997, the Bakersfield plant has generated an average of US$150,000 per month in revenues.>>

Have any other major contracts/JV's been signed or production increased (perhaps related to Q#2) ?

I have forwarded these questions on to the company via letter.

I apologize in advance if these questions are beating a dead horse, but I'm just doing my DD (flame-retardent suit on)

fasc.com

O
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext