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

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To: MoneyMade who wrote (343)7/15/1998 10:15:00 AM
From: Thaddeus Batt  Read Replies (2) of 972
 
>lastly, In my view the share price will be below .10c
>for a loooong time perhaps another 4 months.

Is four months really a long time in your world? This is a company that filed it's first 10-Q more than two years ago (5/96). I'll guarantee that Jack has a lot more vested interest in seeing this (HIS) company succeed than you do. If you can't hold issues for more than a few months perhaps you shouldn't be playing this game. It's been obvious for quite some time that FASC is having cash problems and it sometimes takes a while to find the RIGHT money - that is from the right people, with the right terms. This is not being too conservative, this is called good business practice - why should he give up too significant a portion of his interest in the company so that you can double your money in a couple months. get real.

--TB
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