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: MoneyMade who wrote (334)7/14/1998 12:09:00 AM
From: Lazarus  Read Replies (1) of 972
 
Oh come now. Its not as though they are going to up the authorized and then just put all the shares on the market. IF they are going to up the authorized they are going to give themselves a little breathing room.

And I don't think the company has been hyping. Jack has been forthright about the finances --- the company has some financial problems -- so what's new.

I think 200k of the money needed is to pay off the technology so the FASC can say that they OWN the patents and not just the license to the patents. The technology is promising and the technology cost money.

If the company wanted to screw the shareholders than they would do a convertible or a 20 to 1 reverse. THEN I WOULD SAY I HAVE LOST ALL FAITH -- and I think most of us would be out of here in a heartbeat.

I am hoping that this is 21st century technology -- and that the stock will be worth holding until then -- time WILL tell.

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

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News