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Gold/Mining/Energy : FASC (First American Scientific Corp) -- Ignore unavailable to you. Want to Upgrade?


To: myturn who wrote (153)5/8/1998 12:41:00 PM
From: Wayne Rumball  Respond to of 972
 
From the June 1997 Financials we see;

Year Ended Year Ended Through
June 30, 1997 June 30, 1996 June 30, 1995
------------- ------------- --------------
REVENUES $ 347,721 - -

COST OF SALES 157,974 - -
----------- ---------- ----------

GROSS PROFIT 189,747 - -

Actually this represents only 1 month of production/sales. Did the plant continue operating thoughout the remainder of 1997 and begin 1998?

Doesn't that mean they have positive cash flow, and profit?

Bought at 0.09 today