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


To: jmt who wrote (455)8/25/1998 5:23:00 PM
From: MoneyMade  Read Replies (1) | Respond to of 972
 
Management sucks...and I won't say, "I TOLD YOU SO"

Someone had informed me That possibly the only reason the stock was going down is that it makes financing more appealing...
I say the reason for the decline is that these incompetents are printing shares, and now we have the proof.

MoneyMade



To: jmt who wrote (455)8/26/1998 7:49:00 AM
From: Jim K.  Respond to of 972
 
jmt,
Here is all I can dig up. What sense can you make of it ?

Date: 97-09-24 Stockholder's Equity:
Issued Common Stock at $.001 par value = 50,000,000 shares
Authorized 13,622,448 and 8,505,117 ...=.-22,127,565 shares
_________________________Balance .= 27,872,435
SEC filing 14a June 4,1998:
Outstanding and entitled to vote = 49,326,018 shares
______Balance of Original Issue = ...673,982
_____________________________________________________________
Summary of Common shares Owned: Prior to New Issue of 50,000,000
Co. Officials = 69% x 49,326,018 .......= 34,034,952
Balance of Outstanding & Co. Officials.= 15,291,066
Outstanding and entitled to vote ............= 49,326,018
Balance of Original Issue ..................... =...+ 673,982(Where are
these?...............Total Original Issue ......= 50,000,000

1. Are the shares owned by Co. Officials supposed to be included in the 22,127,565 shares Authorized ?

Jim K.