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

To: jmt who wrote (312)6/25/1998 11:34:00 AM
From: Lee Bush  Read Replies (1) | Respond to of 972
 
No big surprises in the news item, except the wood chips. I wasn't aware of that. I wonder, is this in BC? I assume so. What I had hoped for was something a bit more positive, like names and a few numbers to go along with those names. So, I don't think this news release does too much for us. It does indicate to the faithful that the company is progressing toward their goals and profitability. It will be a long road, IMO, but there is no reason why they cannot be successful.
Lee



To: jmt who wrote (312)6/25/1998 6:41:00 PM
From: Coho  Read Replies (2) | Respond to of 972
 
jmt, it was my understanding the stock was fully diluted so financing will require something a little more sophisticated..Therefore promotion now would be seen as a shameless effort to dump stock.

I thought the most reasonable approach was a consolidation or roll back and then a finance with a stock offering..

I am still waiting for a financing plan before jumping back in.


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