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

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To: Ed Fishbaine who wrote (801)5/18/1999 11:10:00 AM
From: Lee Bush   of 972
 
Ed: I would agree that this activity is positive for the company, but I am concerned that other shareholders may be diluted right out of the picture. If they issue that other 49m shares to themselves, I would expect a reverse, giving them virtual ownership of the company and leaving us small shareholders licking our wounds. I do agree that most of the remaining shareholders are in pretty cheap, perhaps around .07 as an average, since that seems to be where new selling emerges.
Lee
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