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American Security Resources Corp. (ARSC) RSS Feed

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American Security Resources Corporation is a holding company, which through its subsidiary companies is advancing clean energy technologies to secure a bright energy future for America. American Security Resources Corporation is a fully reporting public company (OTCQB:ARSC) actively seeking to acquire companies and technologies with clean energy solutions that will enhance or extend its existing line of hydrogen fuel cell electric generators.

 

QUICK LINKS

About ARSC  Plan of Operations  ARSC & Transfer Agent Contact Information  Directors and Executive Officers About Management and Directors
 Share Structure   ARSC CHARTS Latest PR's, Filings, & OTC Market Links Hydra Fuel Cell Corporation - Subsidiary  American Hydrogen Corporation - Subsidiary
 Other Related  Resources        
 
 

 
 
 

AMERICAN SECURITY RESOURCES CORPORATION (the "Company" or ARSC) is a holding company with three wholly owned subsidiaries.  Hydra Fuel Cell Corporation has completed several development stages of the HydraStax® unit and testing for certification is currently underway.  We have two additional subsidiaries. We formed American Security Capital Corporation that is to provide financing options for the sales of products created by Hydra Fuel Cell and American Hydrogen Corporation. American Hydrogen Corporation is developing technologies to formulate hydrogen that we hope will change the economics of producing hydrogen sufficiently to enable the hydrogen economy.

Hydra Fuel Cell Corporation completed the initial development stage and several advanced stages of the HydraStax® unit and testing for certification is currently underway. We believe that the HydraStax® unit's cost per kWh will be significantly below that of its competitors, giving them a competitive edge as a replacement for residential grid power. Thus, upon certification Hydra intends to aggressively market these units and the Company is actively pursuing financing to begin manufacturing and distribution.
 
Hydra successfully defended itself from claims of patent infringement brought by a third party in 2006. Hydra's fuel cell is original and Hydra categorically denied that it infringed on any patents. The Federal Court in Portland, Oregon dismissed the plaintiff's suit against Hydra in 2008.  We estimate that our Hydra Fuel Cell subsidiary will require approximately $1 million to produce and sell HydraStax® units to cash flow self-sufficiency. There is no guarantee that management will be successful in obtaining these funds.
 
American Hydrogen Corporation (AHC) was created to develop and commercialize technologies to formulate hydrogen that we believe will change the economics of producing hydrogen sufficiently to enable the hydrogen economy. The first hydrogen formulator that AHC will vend is expected to produce hydrogen from natural gas and propane and will be designed to provide hydrogen for Hydra's fuel cells.
 
The Company continues to review acquisition opportunities that would enhance its fuel cell offerings and expand its offerings in alternative energy production.
 
The Company's Internet address is www.americansecurityresources.com. Information contained on the Company's web site is not a part of this report. The Company's stock is traded on Pink Sheets under the symbol "ARSC.PK."
 
 *Information provided above is from the 2010 1st Quarter 10Q.
 
 

 
 

Our Hydra Fuel Cell subsidiary completed several development stages of the HydraStax® unit and testing for certification is currently underway. We believe that the HydraStax® unit's cost per kWh will be significantly below that of its competitors, giving it a competitive edge as a replacement for residential grid power. Thus, upon certification, Hydra intends to aggressively market these units. The Company is actively pursuing financing to begin manufacturing and distribution. Hydra installed two of its HydraStax® fuel cells in residences, one in Texas in October 2007 and one in Florida in December 2007, as "Beta Test demonstration units" .  These were milestones for Hydra and for the fuel cell industry.
 
American Hydrogen Corporation (AHC) was formed to develop and commercialize technologies to formulate hydrogen that we believe will change the economics of producing hydrogen sufficiently to enable the hydrogen economy.  
 
The Company continues to review acquisition opportunities that would enhance its fuel cell offerings, expand its offerings in alternative energy production or represent opportunities in homeland security or national defense.
 
*Information provided above is from the 2010 1st Quarter 10Q.
 
 

   
  
CONTACT INFORMATION
 
American Security Resources Corporation 
 
19 Briar Hollow Lane, Suite 125
Houston, TX 77027
 
 
Frank Neukomm, CEO & Bob Farr, COO
p 713-465-1001
f 713- 465-1080
info@amsrcorp.com
or
 
Transfer Agent
 
Standard Registrar and Transfer Company, Inc.
12528 South 1840 East
Draper, UT 84020
Phone: (801) 571-8844
Fax: (801) 571-2551
 
Shares Structure as of 7.14.2011

A/S: 19,999,999,999

O/S: 19,989,234,920

  FLOAT: 17,443,346,631

  RESTRICTED: 2,545,888,289
 

 
 
(CLICK ITEM FOR DETAILS)
 
 
LATEST PRESS RELEASES & NEWS
 
 
 
 
           07-02-2010 -  ARSC Receives First Production Funding from St. George
 
 
 
 
 
 
                     07-19-2010 - PERIOD ENDING - Form 4 (Frank Neukomm)
                     07-19-2010 - PERIOD ENDING - Form 4 (Bob Farr)
 
                     06-15-2010 - RECEIVED - Schedule 13 G/A
          
                     06-04-2010 - RECEIVED -   Form S-8
 
                     04-22-2010 - PERIOD ENDING - Form 4 (Frank)
 
                     04-22-2010 - PERIOD ENDING - Form 4 (Bob)
 
                     03-31-2010 - PERIOD ENDING - Form 10Q
 
                     12-31-2009 - YEAR ENDING - Form 10K
 
 
 
OTCMARKET.COM LINKS
 
        ARSC QUOTES
 
             INSIDER TRANSACTIONS
 
             OTCQB FACT SHEET
 
             OTC MARKET TIERS
 

 
 
 
 
The following table sets forth the names of all current directors and executive officers of the Company as of December 31, 2009. These persons will serve until the next annual meeting of the stockholders or until their successors are elected or appointed and qualified, or their prior resignation or termination.
 
Name
 
Positions Held
 
Date of Election or Designation
 
 
 
 
 
Robert C. Farr
 
President/COO
 
11/23/05
 
 
Director
 
10/27/04
 
 
 
 
 
Frank Neukomm
 
Director
 
02/25/04
 
 
Secretary
 
11/08/04
 
 
Chairman/CEO
 
11/21/05
 
 
 
 
 
Robert J. Wilson
 
Director
 
07/21/05
 
 
 
 
 
Marlin Williford
 
CFO (1)
 
07/05/07
 
 
 
 
 
Sam Lindsey
 
CFO (1)
 
11/1/08
John A. Wilkinson
 
CFO (1)
 
04/08/09
John A. Wilkinson
 
CFO (1)
 
04/1/09
Alvie T. Merrill
 
Director
 
10/11/06
 
 
 
 
 
James R. Twedt
 
Director
 
10/11/06
 
 
 
 
 
R. Brian Klock
 
Director
 
01/10/09
 
(1)  
Mr. Williford performed the Chief Financial Officer duties for the Company on a contract basis until he was replaced by Mr. Lindsey. Mr. Lindsey was replaced by John A. Wilkinson CPA in April 2009
 
 

 
 
 
 
Chairman and CEO Frank Neukomm
Frank Neukomm (58), Chairman/ CEO, has an extensive background in finance, mergers and acquisitions, and sales and marketing. Mr. Neukomm has served as a senior executive of brokerage and M & A companies, software companies and telecom companies. Mr. Neukomm has been instrumental in purchasing or starting companies in industries as diverse as insurance, consumer retail goods, industrial services and wireless telecommunications. Since 1995, Mr. Neukomm has served as President of NeuHaus Advisors, Inc., a consulting firm to the telecommunications industry.
 
 
President and COO Robert C. Farr
Robert Farr (62), President/COO  brings a 34 year diversified business background in operations leadership replete with examples of improved productivity and increased profits. Broad experience with several Fortune 500 Companies includes successes in marketing, customer relations, administration, finance, operations, new products and worldwide vendor selection/purchasing. Recent experience includes securing and structuring funding for both public and private companies including debt and equity as well as international funding through US Ex-Im Bank. Mr. Farr has a BS in Finance from Mississippi State University and was a Naval Officer in the Vietnam conflict.  He is the Principal of Creative Equity Strategies.
 
 
Chief Financial Officer John A. Wilkinson, CPA
Mr. Wilkinson brings over 21 years of experience as a CPA including eight years as an Executive CFO to his position as CFO of American Security Resources Corporation. He served as the Company's first CFO from 1998 until 2005 and was reappointed to the position in 2009. He holds a BBA from the University of Memphis and a CPA Certification since 1987. He is a member 0f AICPA.
 
 
Robert J. Wilson, Director & Audit Committee Chairman
Robert Wilson, a Forte Group partner, has joined the company's Board of Directors, effective July 25, 2005. Mr. Wilson brings more than 20 years of industry experience, public accounting, and consulting to the Board. He heads ARSC's Audit Committee.Mr. Wilson is a graduate of the Houston Baptist University, with additional studies at Georgetown University. He is a Certified Public Accountant, member of the NASD Board of Arbitrators and has the following Securities Licenses: Series 7, Series 63, Series 24, Series 27, Series 53. He also serves on the Board of, and as Audit Chairman for, American Enterprise Development Corporation, Board Member of Midas Trade.com and a Consulting Associate with The Professional Directors Institute.
 
 
Alvie T. Merrill, Independent Director
Mr. Merrill is Chairman of Merrill-Zurich Inc., a diversified real estate management and consulting firm. Mr. Merrill is also President of A. T. Merrill Business Consulting which has advised over 200 public and private companies since 1980. Mr. Merrill has extensive public company experience from his consulting activities and is active in numerous civic and charitable organizations in hometown of Lake Jackson, Texas.
 
 
James R. Twedt, Chairman, President and CEO of Hydra Fuel Cell Corp.
Mr. Twedt is a CPA with over forty years of public and private company accounting and management experience. He has been the President and CEO of Hydra Fuel Cell Corp. since inception and has led the subsidiary from startup to production in less than twelve months. He previously served as CFO of Computer Automation Systems, Inc., a predecessor enterprise to American Security Resources Corp.
 
 
R. Brian Klock, Director
R. Brian Klock is a retired officer with significant experience in intelligence and financial matters.
  
 
 
 
ARSC SUBSIDIARIES
 
  
 
 
ABOUT HFCC:
 
Our goal is to lead the rapid market acceptance of hydrogen proton exchange membrane (PEM) fuel cell systems. We are located in Beaverton, Oregon and are a fully owned subsidiary of American Security Resources Corporation.
 
The company is leveraging its extensive experience in new product introduction, engineering, manufacturing and market assessment to deliver solutions to meet a specific segment of today's alternative energy needs.

Hydra Fuel Cell Corporation is committed to developing clean, quiet, alternative energy solutions to conserve the earth's natural resources, minimize pollution, and protect our wildlife.

Our patent-pending technology allows us to dramatically improve power output, system reliability, and power density versus other PEM-based systems currently available in the marketplace.  At the same time, we use proven high-volume production technology as well as readily available commercial parts to offer attractive initial investment, lower lifecycle costs and improved lead times.
 
 
PATENTS & TRADEMARKS:
 
 
 
 
     HydraStax Trademark  - Search for HydraStax, the Reg. No. 3198913 - The owner is ARSC
 
 
HYDRASTAX(R) FUEL CELL BETA DEMOSTRATION SYSTEM INSTALLATIONS:
 
   
 
 
 
 
MANAGEMENT TEAM:
 
James Twedt, CPA, President and Chief Financial Officer, has over 40 years of business experience. He has served as an IRS agent and a senior accountant with KPMG and has held his own practice. Jim has also been a past CFO in the private sector as well as a director in a public company.
 
Benjamin Schafer, Chief Technical Officer, has over 30+ years of system, design and validation experience associated with new product development. His experiences span across both hardware and software aspects of system design. Ben's past positions include Systems Architect, Software and Hardware Architect, and Principal Engineer at Intel and Tektronix. He holds degrees in Electrical Engineering and an MBA in Technology Management.
 
 
HEADQUARTERS:
 
Hydra Fuel Cell Corporation
1800 NW 169th Place
Suite C700
Beaverton, OR 97006
(P) 503-645-2523
(F
) 503-645-2129

 ____________________________________________________________________________________

 

 AMERICAN HYDROGEN CORPORATION (AHC)

American Security Resources Corporation has created a wholly owned subsidiary, American Hydrogen Corporation, to further develop and commercialize a breakthrough technology to formulate hydrogen that is expected to change the economics of producing hydrogen sufficient to enable the hydrogen economy.
 
The ACE reduces the amount of electricity needed to split hydrogen from nitrogen in the ammonia molecule. The cost of producing hydrogen is reduced to less than $2.00 per kilogram. A kilogram of hydrogen is equivalent in its energy content to one gallon of gasoline.
 
According to the latest SEC (2009 10k & 2010 10Q) documents ARSC has canceled its license agreement with Ohio University to commercialize an ammonia-to-hydrogen electrolyzer (ACE).

 Website:  www.americanhydrogencorporation.com/

 
 

 
 
 
 
 FuelCellToday.com
 Department of Defense goes Green  
   
 
 

 

 
 

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Disclaimer: Content on this ibox is not appropriate for the purposes of making a decision to carry out a transaction or trade. Nor does it provide any form of advice (investment, tax, legal) amounting to investment advice, or make any recommendations regarding particular financial instruments, investments or products.  This ibox does not provide investment advice nor recommendations to buy or sell securities.  Content editors and/or providers shall  not be liable for any errors, inaccuracies or delays in content, or for any actions taken in reliance thereon.

 

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