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Gold/Mining/Energy : FASC (First American Scientific Corp)
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To: jmt who wrote (585)11/13/1998 5:44:00 PM
From: jmt   of 972
 
Last contact I had was with Bob about 2 weeks ago. He had just finished additional presentations to potential financing leads. Still nothing concrete since last deal fell apart.

If the company could raise about $500K and pay off technology, things would start to heat up. Buying shares (even 10M) on the open market wouldn't help the company. But 10M in a private placement to FASC for financing would help (but be quite dillutive at these prices.

jmt
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