FASC (First American Scientific Corp) Message Board

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

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To: Jim K. who wrote (321)	7/7/1998 1:11:00 PM
From: jmt	Read Replies (1) of 972

Jim. Thanks for the number. I did have a discussion with Dining late last week. He mentioned about $500K of financing would be required to move forward into full production, specifically I believe at a Washington refuse site. I did not get the impression he was actively pursuing this financing. Refinements are still being worked. To have a viable product for rubber they need to increase speed. This is where the University feels they may help. I am left wondering if the technology is that innovative, why are they having so much difficulty getting financing? If the products production profile is cost effective, why wouldn't U.S. Gypsum invest a bit. Just my opinions. Don't see anything happening overnight here. Good Luck jmt

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