Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
That seems to be flawed logic. I don't see how the upstream process can be deduced entirely by the end product. It seems to me the originating sources of the end product have been identified, the constituent materials, and the end use. Did I miss something that indicated how the upstream materials were processed?
Sambeaux: Here is how I looked at that aeticle.
SARATOGA >> Hanehan Family Dairy is one of 90 New York state farms that use recycled paper mill sludge to keep cows clean, healthy and comfortable.
Syracuse Fiber Recycling gets the material from SCA Tissue in South Glens Falls, Finch Paper Co. in Glens Falls and Rock-Tenn Co. in Solvay, near Syracuse.
Short-fiber papermaking residue is mixed with cement dust, a drying agent, to make animal bedding that is absorbent and has a high pH content, which inhibits bacteria so cows producer higher-quality milk.
“Farmers use a lot of byproducts,” said Philip Hanehan, the farm’s herdsman. “All this stuff helps reduce the carbon footprint of the dairy industry and food production in general.”
Sludge that isn’t recycled would have to be landfilled.
Mixing cement dust with the fiber...SEEMS TO BE A DUAL PURPOSE. 1. REDUCE THE MOISTURE CONTENT 2. RAISE THE PH LEVEL TO KEEP BCTERIA DOWN. I surmise that no KDS was used in this product. The KDS would produce a much dryer product, James.
Sam, one would think that if there were KDS' involved with SCA, FASC would want to shout that from the rooftops. The failure to do so, along the with failure/refusal to issue a PR regarding the latest sale suggests to me that the financial statements are not completed because Brian has not paid the auditors. That inturn suggests to me that Brian either does not have the money to pay the auditors or doesn't want to go out of pocket to pay the auditors. Not wanting to go out of pocket to pay the auditors suggests to me a lack of anticipated future cash flows. i.e. no sales in the near future. I know these projects take a long time to come to fruition but sheesh!! I just feel like something is amiss here. Either the product doesn't work as advertised or the price point is too high. Scratching my head here.
Chalie - having lived with FASC all these years have leaned to live with disappointment. Tigers have four outstanding pitchers. down two to one--and the loss of games two and three cold break about any bodies spirit. The Tigers have to win 3 out the next four, the Red Sox only two. A Red Sox victory tonight, I admit, will about seal the coffin. Waitedg
Fasctrack......they can always use their website.
IN A LOGICAL world one would have to
conclude there were no KDSs involved
in that SCA operations report.
Because if there were KDSs involved,
FASC hqtrs would have to find a way
to let the world know it.
Not just out of happiness, but because
of regulations.
Ergo, there were no KDSs involved there.
Right?
PS
Now we just had 700 share trade increasing
FASC (stock) value 38%.
TR, if no follow-on sales or any other news is immanent, unfortunately I can see Brian not wanting to "waste" money on a PR.
Hallejulah!! Would one of Brian Nichols supporters PLEASE request he spend the $900 to release info, IF any of these potential sales or applications hold water. If that requires submitting fins...IT HAS BEEN TWO MONTHS with ZERO announced sales, along with a hoistory of ZERO market shareholder guidance and an SP that is now returning to the .013 level on abysmal volume...
Al
Sam......that's OK. I agree that it is time for management to start telling us what they are up to.....especially now that we have confirmed sales.
Sam: All that's important is that tha Red Sox just slammed the door on
Verlander et al 1-0.
Sox are batting about .068 for the series but leading 2-1.
Sorry Dave.
Charlie
Never mind.. I am darn confused
about all this.
There appear to be 3 different companies supplying
this "happy cow" stuff. And we don't even know if KDS
is involved in maybe one of them.. the SCA delivery..
because nobody has told us.
"SARATOGA >> Hanehan Family Dairy is one of 90 New York state farms that use recycled paper mill sludge to keep cows clean, healthy and comfortable.
Syracuse Fiber Recycling gets the material from SCA Tissue in South Glens Falls, Finch Paper Co. in Glens Falls and Rock-Tenn Co. in Solvay, near Syracuse."
But, I am with Al on this. It is of
extreme material/investment importance
(if KDS is part of the project).
And would be just about derelict to not
report that fact... somewhere.
Not trying to be kurmugeon.. but
this is enormous news. If it's KDSs.
It would be almost like Microsoft buying
Amazon and not telling anybody.
Or Apple selling 20 million Iphones
to the govt.
Or something like that.
Some events (at least BIG ones) have
to be reported.. somewhere.
Don't they?
Sam.....not at all. There is no indication of who is processing the paper sludge in that article, and it sure has the handprint of FASC licensee Gene Bernat.
T.K., THAT JUST ABOUT SURELY LEAVES FASC OUT OF
the SCA project. There is no way
this could be being done by KDS.. and
FASC hqtrs not have to report it to
shareholders.
Darn.
There goes by far the best potential
project for our KDS.
Innovative cow bedding used at Hanehan Family Diary
Published: Monday, October 14, 2013
SARATOGA >> Hanehan Family Dairy is one of 90 New York state farms that use recycled paper mill sludge to keep cows clean, healthy and comfortable.
Syracuse Fiber Recycling gets the material from SCA Tissue in South Glens Falls, Finch Paper Co. in Glens Falls and Rock-Tenn Co. in Solvay, near Syracuse.
Short-fiber papermaking residue is mixed with cement dust, a drying agent, to make animal bedding that is absorbent and has a high pH content, which inhibits bacteria so cows producer higher-quality milk.
“Farmers use a lot of byproducts,” said Philip Hanehan, the farm’s herdsman. “All this stuff helps reduce the carbon footprint of the dairy industry and food production in general.”
Sludge that isn’t recycled would have to be landfilled.
However, one of the product’s main advantages, in addition to being environmentally friendly, is its health benefits because of concerns about mastitis and somatic cell counts, which are used to measure milk quality.
“It allows us to maintain clean beds,” Hanehan said. “With clean beds come lower somatic cell counts, better scores and healthier cows.”
The farm recently won a “Super Milk 20 Year Award” for its two straight decades of producing high-quality milk.
The late Roger R. Elston founded Syracuse Fiber Recycling 15 years ago. Starting in the 1980s, he ran a dairy farm in northwest Ohio for 10 years. Before that, he worked in the chemical industry. Drawing on that background and his contacts in the paper industry, he started thinking how waste sludge could help the mills and agriculture.
Sludge has 40 to 50 percent moisture content at the end of the papermaking process. When cement dust — high in calcium carbonate — is mixed in, the moisture goes down considerably.
The company, now owned by Elston’s sons, Joe and Roger W. Elston, occupies 40,000 square feet of former manufacturing space near the New York State Fairgrounds. In 2012, the business sold 70,000 tons of material to 90 farms across New York.
“We’re looking at 30 to 35 percent growth over the next five to 10 years,” Joe Elston said.
Recently, Syracuse Industrial Development Agency voted to exempt the business from sales tax on construction materials for a proposed renovation of its facility and a 4,000-square-foot addition, costing a combined $759,000. The IDA also applied for a $375,000 state grant to fund the project; the company will finance the rest.
Joe Elston said state Department of Environmental Conservation approval was required to start marketing the product because some farmers put used bedding on fields as fertilizer. The high pH content in cement dust is good for the soil, he said.
The Hanehans mix their recycled fiber with sawdust, another common form of cow bedding, which they get from Vermont. However, recycled paper sludge is more readily available and less expensive than sawdust, Hanehan said.
“We get a tractor-trailer load every 10 days,” Hanehan said.
They use this bedding mixture for about 70 percent of their 700-cow dairy herd. In one barn, they still use deep-bedded sand, another common type of animal bedding.
“The problem with sand is that it settles to the bottom of your manure storage area and has to be dredged out,” Hanehan said.
Bedding is sold in bulk form by the yard, usually in quantities of 80 yards for $580. Most Central New York farmers pick up bedding on their own.
The company contracts with a trucking company to deliver bedding to farms that are farther away, such as Hanehan’s and Chambers Valley Farm in Salem, Washington County.
After dropping off bedding at local farms, trucks go to SCA Tissue and Finch Paper, where they pick up sludge that’s brought back to Syracuse for recycling. Finch Paper owns and operates a sludge landfill in Northumberland and recently purchased an adjacent, undeveloped landfill from Saratoga County that will be used for municipal solid waste. Long-term plans call for consolidating the two facilities.
Finch also sends some sludge to other businesses that use it for compost.
“We’re especially glad that it can be used for agricultural purposes in this area,” spokesman John Brodt said.
http://saratogian.com/articles/2013/10/14/news/doc525c906401feb484926163.txt?viewmode=3
The FASC saga continues. There is whopping amount of less than 3k worth of stock between FASC and .021. The flip side is there is paltry support between .011 and .013. Additional bad news is SILENCE continues as FASC remains delinquent in filing AND for the fourth year there is NO CONFIRMATION on ANY of the dd done on this thread, including two supposed sales from months ago and STMs' referral sale. The result is the few remaining FASC shareholders get jerked around on light volume. THANKS BRIAN NICHOLS for the continued silence & delinquent financials. Hope you are staying "very busy". You are NOT providing shareholder support.
Al
OK- But just as worser.. 6K took
it down 27%.
.018 down to .013. OUCH.
But we've seen this before.
Still holding...
Sam - It doesn't look that way:
Price Size Mkt Time
$0.013 6,000 OTO 14:29:13
$0.018 1,100 OTO 14:25:12
$0.013 3,000 OTO 14:22:55
$0.015 50,000 OTO 12:57:04
$0.018 800 OTO 10:29:52
$0.0113 4,000 OTO 09:30:03
Did I just see a 100 share trade drop
the stock price 15% ?!?
There are a lot of energy producing
companies out there. Here is one (private)
I just found out about in Reno.
http://electratherm.com/
Maybe one day FASC will have a website
like this.
It looks like they make their own gadgets.
And distribute them all over the world.
Thanks' Charlie. I have both Google Chrome and Firefox--both just recently set up for me. Lots of problems with IE--but teaching an old dog new tricks takes the kind of progress and patience we have been experiencing with FASC. The trend line of change is dangerously slow. Waitedg
PS Recently I posted a rather lengthy post comparing FASC with JC Penney (JCP). Wish we had Techisbest around for technical analysis on support base formations. It is falling rapidly again having not held at 8. Some are predicting a fall to about 5. Perhaps I will start posting on the I hub board there shortly. Anyone interested might join. Two or three heads are better than one. Waitedg
Waitedg: Get a better browser, either Google Chrome (my choice) or Firefox. No one I know uses IE.
Sorry for my triple posted post. Internet Explorer is acting strange lately.
Charlie - The Tigers on paper look like they should be by far the best team in baseball. The Red Sox won more games than any other team in either league. The rest of the series will be very interesting. I once saw Ted Williams hit a couple of homers in the same game at Fenway Park. Back then it was a question of who was the best player in baseball--Williams or Joe DiMaggio of the Yankees. Dom DiMaggio, Joe's brother, was no slouch either.
I think if I lived in Nevada, I might put up a thousand or two FASC shares to bet on the series. On the other hand, FASC pretty well handles my risk taking needs. Waitedg
Waitedg: Scherzer should have been left in until he got into trouble. I don't like all the pitching changes that happen nowadays. Games would be a lot shorter if they limited to 4 the number of pitchers used - not the 9! that Madden used in the ALDS.
Quiet day today. Imagine all the Bostonians will be eating their New England Clam Chowder or eating steamed clams dipped in butter--as they stress elation over their Red Sox miraculous come from behind victory. Headlines in the Grand Rapids Press "TIGERS BLOW LATE LEAD"
Having lived with FASC so many years, I have learned to "pick up the crumbs" of defeat, and say tomorrow is a better day. And around here I hear a lot of "if only" statements. If only Shuster had been left on one more inning. If only Smiley wasn't yanked after pitching to just one batter, etc.
But, like a good FASC investor, I have learned to pick up the pieces many time, and say that victory is just around the corner. I have learned to be a fairly good loser. What would I
semi OT - I was based in New York for
about 15 years.. back when I was flying
with Pan Am.
I had lots of (NICE) layovers in Boston.
BTW my FASC/Boston "analogy" did not have
to do with who I was rooting for.
Actually some friends and I all had bets on
New Orleans (we got 2 1/2 points!). That last
20 seconds wiped us out.
I had a parlay that would have paid 4 to 1
if N.E. just could have missed that extra point.
(They still would have won the game.. what was
the big deal about making it.. or even trying.)
PS
For perspective my football gambling bet was
worth about 3,333 shares relative to my FASC
(gambling) portfolio/bet.
Actually winning the bet would have been equal to
about 13,000 shares. (ie: I bet $50)
Ain't that a sad perspective.
Sam I am...impressed. Either you're a transplanted New Englander like Waitedg, or you're a true sports fan. And you didn't have to stay up until midnight!
Charlie, In the 4th quarter and in
the 8th inning I would have given
FASC a better chance at "winning" than
either of those teams.
Charlie, here is my prediction for FASC today:
TOUCHDOWN!!!
(Opposite of blast off )
A New Topic Regarding FASC.
One of the things investors need to look at is investor sentiment. FASC is a rare stock in that outside of this board there is hardly any sentiment at all. And, if any, it would likely be quite negative--for all the reasons clearly stated on this board--and with little to none external stimulant to the stock.
This is one of the reasons that makes FASC intriguing. A very few people are involved in any positive thinking. Yet, the overall market determines the price. It is important as individual investors to compare our thinking with that of the market. It is obvious that skilled investors like Warren Buffett and John Templeton, in the past, have become very wealthy by seeing rays of sunshine where others have seen nothing but panic and fear.
I am,for example, just starting to compare JC Penney with FASC. Talk about negativity and doomsday thinking, do a little reading and research here. Added to all the gloom is an investors proposed law suit. Tack on tax loss selling season, and the mass market is looking at what is valued as a lemon. FASC, in some sense, is even in worst condition than Penney. To illustrate,I once taught a Marriage and Family Living Class where I asked the students. "Which is more serious. A newlywed wife has an argument with her husband and she comes at him hell bent with a frying pan. Or the same wife, equally mad, running to her bedroom, slamming and locking the door."
The "right answer",(at least in the mind of Prof Waitedg),was the wife slamming and locking the door--because coming at her man with a frying pan, she was at least still communicating!
JC Penney--as negative and dismal as its outlook--is still communicating. FASC is not--except though a few here. But everything is reflected in stock price. And this is one reason that makes FASC such an intriguing stock.
By the way, JC Penney has an Ihub Board. I just put an hour or two of DD into it. For those interested, it is starting to intrigue my long shot mentality. Waitedg
I'll take any solution that will allow the proper marketing of the KDS. Brian & his followers feel .015 is acceptable with occassional sales, but the opportunity to market the KDS is movong forward while we stand pat.
Al
Boy, with all the irons in the fire it sure looks like this company is ripe for a take-over.
You guys are really something. No matter what I write you criticize. That's fine and very much in line with the new American approach. The facts (and sp) read and and the last four years have been abysmal for your ( and partially my ) company, and in particular CEO. First I am chastised for not recontacting the company, then insuklted for doing so. BTW since many feel BN does not follow this thread (why would he as he is not into shareholder communication), when I call I don't introduce myself as my IHUB alias....
Recently I have mentioned the stock is technically clear to run and lo & behold it rocketed from .011 bid to .015 bid, causing joy in FASCville. unfortunately I believe that leaves us all underwater, and volume is still anemic. Since St. Malo seems more than willing to share his plans, why would BN NOT take advantage and issue a market and shareholder update highlighting this achievement in detail, and mentioning the other VALID opportunites in general??
The situation has cried for a genuine effort to tap the myriad potential uses uncovered in this thread. This board chooses ro defend an old circus guy that has destroyed shareholder to this point, rather than requesting improved performance.
Al
James - Your suggestion shows kindness. With that there will be an unfolding process--just as there is with FASC. Waitedg
A14343 If I were in BN's place and received a call and a request from you, I would first ask myself a question, "Can I help the caller?" The obv ious answer is "NO" Nothing that he or anyone else could say at this time can change you and your thinking. The simple answer to the problem is to find enough DD that you can accept that will help you make a decision to change and build your future on that. Hope you do that. James.
Al,
Do you ever read your posts after the fact?
Maybe Brian has the write idea.
Go Weadie!
RJ
semi-OT, Waitman-this is sort of what I expected
to hear from you. And I am generally happy with
your analysis. (Standing by for results)
I go to all these govt meetings
(philanthropically) and give the "gurus" myriad
ideas about how to make things better in
Reno (many of which "they" have obeyed..
secretly)
There are a lot of people who like
and appreciate what I do. But even some of my
greatest admirers do not like my "techniques".
You can decide for yourself by seeing 100s of
examples of Sam's presentational techniques
HERE
My Comments on Brian Nichols--
Before proceeding, I should state where I am coming from. My doctoral degree was in Program Development, a sub-division of Educational Leadership at Western Michigan University. In this type of work one has to conceptualize programs to help people with special needs, analyze leadership potentials--strengths and weaknesses, and propose programs for various needs-knowing they will be reshaped in the unfolding progress from conception to completion.
A great deal of my conclusions are based on what I glean from the posters here--some of which are highly valued, and others--not so much. I perhaps weigh much more highly subjective meetings as with RJ, for example, in the past than perhaps others would do. This is because we have spent several hours together, and RJ has had a more personal relationship with two of the key figures at FASC. These are my thoughts and conclusions:
1. Brian, in my opinion, is basically an honest man. He is also strong willed, hangs in there. I believe he will not desert the stockholder intentionally as scoundrels in penny stock world do. This determination, if correct, is highly relevant.
2. Brian is an old man--somewhere between 76 and 77 my guess. He has worked with a skeleton crew, being held together by a shoe string. He, like Cal, have let money or stock due him replace income.
3. The discouragement he must have endured the past few years is much more than many others would hold up under--especially at his age.
4. It becomes almost unbearable to hear some of the criticism of him, because telephone calls don't get returned, or he states what the company is--is what the company is. From my point, anyone who wants to portray a one-sided negative opinion, and sees nothing positive in this elderly gentleman, certainly has the right to express it. But, from this point on, I will leave it to others to respond--if they wish. It wont be me.
5. There are severe risks in FASC. But, in my opinion, none that cannot be correctable under the right scenario--and if and as the cards play out right.
6. I can see a possible buy-out or takeover, where Brian is held on as a senior officer/consultant basis for a temporary period, as transitional management slowly takes over. The risk/reward ratio is highly favorable. Waitedg
Net-Man -
Very interesting commentary of yours:
"Waitedg - You would enjoy one of the systems that I built. It models large systems and uses heuristic logic to determine solutions to problems. I have used a small version of this in the past to model the KDS market place. In short, my world is also very large in many respects. The world the KDS and by extension FASC competes in has many components and its sales trajectory is based on the intersections of several fractal rays. The algorithms to produce a sales solution are, suffice to say, somewhat complex."
Due to my very heavy schedule, I turn matters of this nature over to my associate, Mr. Sambeaux, to dig out the meat and report back to me. I am interested in his analysis of heuristic logic as related to the intersections of fractal rays and the algorithms to produce a sales solution. Sam, please give this your best mind and get back to me. Thanks, Waitedg
Al.....another party tried to call yesterday and didn't get through either. I would suggest you try again next week if you don't get a response.
How about the conversion from horse-
drawn wagons.. to cars. There was
a tremendous battle that most people
don't even think about anymore.
The wagon makers and horse raisers
did not want that new fangled stuff.
But GM/Ford and the road builders and
oil field folks and gas stations, etc,
etc sure loved it.
Now maybe the circle is going to be
filled even more.. toward "natural" stuff.
I/we hope!
Back to my least favorite CEO. I called FASC HQ early Friday morning in an effort to get ANY info from Silent Brian. No call back all day, which is in line with my experience with this crew.
Which puts me right back in the vacuum of silence. St. Malo, after 1/2 year of trumpeting a KDS purchase, returns with a promise of THREE by year end, along with an actual delivery of one.
Two months after promised (2nd hand as I was only enlightened (NOT) by Brians infamous line), website updates, and delinquent financial filings, I have seen neither.
So while the Kool Aid drinkers rejoice, what we actually can confirm is ONE sale, no fins, and no website update, at this time.
The sp has improved from .011 bid to .015 bid so I guess the Sunshine Club can rejoice on the massive 36% gain, if you are content to sell no more than 100k at a time before the floor falls out.
NET, the root of the disconnect continues to be a grossly ineffectinve CEO for a company in period of potential success....
Still trying to swallow some kool aid,
Al
Waitedg.......the Jackie Robinson analogy to conversions from fossil fuels to renewables is a pretty apt one, and one I had never conidered before.
That's a pretty good fit for our situation, the more I think about it.
Good thoughts, TR
Fasctrack......also remember that Quebec was the first province or state in North America to enact carbon credits. This adds to the picture that you are portraying as evolution toward renewables and away from a carbon footprint.
Next up in line on this are two very close to home for FASC.....
British Columbia and California, starting in January, 2014.
I look for things to get real interesting in all three of these state/provinces.
We are already seeing the results taking place in Quebec, now, with 4 KDS sales on the way.
Waitman, I am anxious to read your hypotheses.
Fasctrack - Your point on financial institutions seems central to the obstacles. When the financial institutions and governmental agencies get on the same page, huge obstacles are overcome. St. Malo has mentioned that one of his major obstacles has been the problem of financial backing.
I think a comparable example was when Jackie Robinson became the first black player in the major leagues. The obstacles he had to overcome, with the able assistance of Branch Rickey, show how difficult the pathway of the innovator is--and how resistant we human beings are to change, the power struggles of vested, often selfish interest power players who want to keep the status quo. I agree that the KDS is a part of a rather complex concept with many obstacles to overcome. Once these are overcome through one good example, the follow up will be much smoother.
In the meantime the insight and knowledge of a few does not greatly impact the overall market due to the many often stated reasons. When these break down, and once they break down, we have the potential for an extremely interesting investment here. Always having been a "longshot player", there remains considerable fascination with just how the cards are going to be played out.
Have some new thoughts on Brian which I hope to post later today. Several hypotheses as to just how his ongoing relationship with FASC may develop. Waitedg
I went back and re-read the linked article. One thing that I initially glossed over is the mention of financial institutions:
This initiative should be able to benefit from all the attention and all the financial support necessary to the part of the various levels of government and the financial institutions of Quebec, to ensure that the function of technological showcase effectively allows a wider dissemination of the solution in demonstration and a provincial deployment of the approach to biofuels secs for the reduction of GHG emissions, at the same time that the other financial benefits and socio-economic of this solution.
Financial institutions have long had many concerns over lending to biomass projects due to sustainability issues regarding biomass
production and use. Impressing commercial lenders will be a huge milestone IMHO. Provincial deployment too? Maybe the KDS will be a mandatory piece of equipment!
I am starting to realize why sales are so difficult. They are not just trying to sell a machine. They are trying to sell a concept, a concept which is integrated into a much larger project, a concept which goes against well entrenched traditional methods of waste disposal. In a year, I can see us saying that it has literally taken decades (from 1995 to 2015) to shift the political, socio-economic focus toward conservation, recycling and conversion. Hopefully by 2015, I will be lighting a cigar while watching my portfolio rocket out of sight.
Charlie - This translations seems to support what St. Malo has been stating from his very first post:
1. Governmental backing, and financial support. Demonstration site not only for other users, but equally important, the setting up of a governmental, inter-departmental flow system, when once the wrinkles get worked out, should have a support system established so that further users, having interest in involvement, wont have to go through all the hoops that St. Malo has had to.
2. We thus could have a demo system showing the application benefits, and a governmental support system to back it up, to make the flow of new orders much more smooth--once that time comes.
3. St. Malo,(our Poster),seems to have a natural interest in seeing progress made in all these areas, steadfastness and determination to hang in there, and not be turned down by obstacles. And finally, a genuine interest in the betterment to society, not only for his own benefit, but for the benefit of his fellow citizens.
These are my observations. Waitedg
I translated the document linked in St-Malo's post. It generally talked about the need to reduce GHG and the benefits of biomass in helping achieve that goal. At the very end is where the ability to read-between-the-lines comes in handy:
In closing, it must also be stressed that the leaders of forest Consultants RDG have acquired in 2012 the thermal central heating St-Malo (CSM), Quebec, to locate there a demonstration unit. CSM produces and distributes steam through its underground network the surrounding buildings of the industrial park, for the annual needs of heat of process or for the seasonal needs of heating of buildings. This unit, once converted to biomass, will reduce not only its own GHG emissions, but will become a technology showcase to promote the deployment of similar equipment elsewhere in Quebec, to substitute more of fossil fuels by biomass conditional. The project benefited from a financial support via one of the programs of the Bureau of efficiency and innovation energy of Quebec.
This initiative should be able to benefit from all the attention and all the financial support necessary to the part of the various levels of government and the financial institutions of Quebec, to ensure that the function of technological showcase effectively allows a wider dissemination of the solution in demonstration and a provincial deployment of the approach to biofuels secs for the reduction of GHG emissions, at the same time that the other financial benefits and socio-economic of this solution.
Charlie
Followers
|
109
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
53980
|
Created
|
04/16/01
|
Type
|
Free
|
Moderators |
First American Scientific Corp.
Innovators in Grinding and Drying Industrial Feedstocks
First American Scientific Corporation manufactures and sells the KDS (Kinetic Disintegration System) Micronex
The KDS Micronex grinder-dryer employs intense kinetic energy to simultaneously pulverize and dewater a wide variety of virgin and recovered materials into fine dry powders. The innovative vertical shaft impact mill design incorporates high rotational speed and high velocity air flows to achieve superior grinding and drying results without requiring supplemental heat.
Addition of supplemental or waste heat may be used to increase machine throughput. The energy used for drying can be as low as one-third the energy used by a drum dryer and no secondary grinding process is required. An internal classifier in the unit controls the output particle size to between 100-2,000 microns.
The production rate ranges between 1-4 tonnes per hour depending on the raw material characteristics and moisture removal required. While many conventional grinding or milling systems require dried feed material, the KDS Micronex can process materials containing up to 70% moisture and can reduce them to less than 10% moisture.
The KDS disintegration technology is patented in the USA, Canada, UK, Europe, Mexico, Australia, New Zealand, Japan, Malaysia, Korea and China.
The KDS Micronex system is marketed in various sizes and each model is customized to the buyer's requirements. The basic models are the S4, S6 and S8, plus there is a table top model designated the S2 and possibly an S3. FASC's licensees may use different names (e.g. MF-777 in Malaysia).
The acquisition cost of the model S8 varies from $300,000 to $400,000 depending on the application, auxiliary equipment, and the version chosen.
State of Incorporation: Nevada
Current A/S: 200,000,000 (Increased from 100,000,000 - March 7, 2000)
Current O/S: 199,952,195
Company officers information compiled from SEC filings:
John Brian Nichols, 77
- President, Treasurer, Chief Executive Officer and Sole Member of the Board of Directors
- Shares owned: 4,981,700
Cal Kantonen: DECEASED (February 1, 2011)
- Was Chairman of the Board of Directors, Chief Financial Officer, and Treasurer
- Owned 8,580,000 shares at time of death. Current status of estate unknown
Kelly Niavis, 39
- Replaced Cal Kantonen as Chief Financial Officer on January 26, 2012
Companies marketing the KDS (click on logo to visit its site)
Videos
FASC videos
BioDeposit videos
Wikipedia
FASC
KDS Micronex
Media
FASC's Home page
FASC's pictures of KDS installations around the world
Micronex Systems Inc. Home https://micronexsystems.com/
Micronex Systems Inc. Twitter https://twitter.com/micronexsystems?lang=en
Micronex Systems Inc. Facebook https://www.facebook.com/MiconexSystems
Companies involved with the KDS include:
Japan
JP Steel Plantech Co. / Kitagawa Iron Works Co., Ltd.
October 2005 JP Steel Plantech Co. named exclusive licensee in Japan
Certification (#0856) of the KDS Micronex as a waste water treatment device
KDS in use at Biomass Recycling Center Inc. in Okinawa Prefecture. The recycled wood waste will be co-combusted with coal.
From April 2012 Kitagawa Iron Works Co., Ltd. will be producing and selling such equipment.
Malaysia
QL Resources
June 2004, 50/50 joint venture established, Noel Wambeck named as engineer to implement palm biomass projects
July 2008 Neo Tek Siong (President of FASCM) and Brian Nichols (President of FASC) announce the joint venture is granted 5 year tax exemption by Government of Malaysia
July 2008 QL Resources enters into Cooperation and Reseller Agreement with First American Scientific Corp. (M) Sdn. Bhd. ("FASCM") to be their authorised reseller of KDS MicronexTM ("KDS"), a patented grinder-dryer in Malaysia, Thailand, Singapore and Indonesia.
"QLPP also entered into a Technical Collaboration Agreement with Ulimec Sdn. Bhd. ("Ulimec") through its designated specialists in attendance, Neo Teck Siong ("Neo") and Noel Wambeck @ Nurehsan bin Abdullah ("Noel") (collectively referred to as "Consultants") to engage their services to develop and market the "Palm Pelletising System" in Malaysia, Thailand, Singapore and Indonesia."
November 2009 Managing Director of QL Resources confident they can commercialize the palm biomass pellet system in FY2011 (ending March 31)
December 17, 2012 UN CDM Validation Report for QLTawau Palm Pellet Sdn Bhd, which includes 3 Kinetic Disintegration Systems as part of the registered system
May 9, 2013 QL’s Stabilised Biomass (EFB Pellet) Project Registered!
Joint Venture and License Agreements
Malaysia 50/50 joint venture - FASC Malaysia Sdn Bhd
June 7, 2004
First American Scientific Corp. finalizes joint venture agreement for the sale of KDS equipment in Malaysia
C.L. Kantonen, Chairman of First American Scientific Corp., is pleased to announce that the Company has reached an agreement with Ulimec Sdn. Bhd. to establish a joint venture company (First American Scientific Corp. [Malaysia] Sdn. Bhd.) to operate a KDS palm waste processing plant in Kluang, Malaysia and to market the KDS equipment to the palm oil industry.
In addition to earning royalties for all KDS equipment sold in Malaysia, FASC will share equally in the operating profits of the joint venture and retain a 50 % ownership in FASC (Malaysia) Sdn. Bhd.
Ulimec and its affiliate, Sawipac Sdn. Bhd., are major suppliers of equipment and expertise to the palm industry in Malaysia and to other countries in Southeast Asia.
Japan licensee - JP Steel Plantech Co / Japan Sub-licensee - Kitigawa Iron Works Co., Ltd.
October 25, 2005
First American Scientific Corp (FASC - OTCBB) announces signing of exclusive agreement to license KDS technology in Japan
Vancouver, BC: Brian Nichols, President of First American Scientific Corp. (FASC) is pleased to announce the signing of an exclusive license agreement for manufacturing and marketing the KDS System in Japan with JP Steel Plantech Co.(SPCO) of Yokohama, Japan.
JP Steel Plantech Co. is a well established engineering company formed in 2001 by four Japanese steel industry giants ; Kawasaki Heavy Industries (KHI), Hitachi Zosen (Hitz), JFE Engineering (JFE) and Sumitomo Heavy Industries (SHI).
The alliance was created by consolidating the resources of these four major Japanese integrated iron and steel plant equipment manufacturers to lead the world in production technology and product quality. Their corporate mission is to contribute to the development of the world's steel industries, as well as the protection of the global environment. As the exclusive KDS licensee in Japan, they will marshall world-class iron and steel engineering
resources and state-of-the art environmental technologies to ensure the successful launch of our marketing efforts in Japan.
Mexico licensee - Sodif S.A. de C.V. (developer of Naturelo® earth-friendly nixtamalized corn four)
In June 2007 we signed an exclusive marketing agreement with Sodif S.A. de C.V. in Mexico. One condition of exclusivity was that they purchase a demonstration machine and adapt it to the local market conditions. The machine has been delivered and is operational.
Naturelo website
Eastern USA licensee - Cover Technologies Inc.
In October 2008, we signed an exclusive marketing license with Cover Technologies Inc for the states of New York, New Jersey, Massachusetts, Connecticut, Rhode Island, Vermont, New Hampshire, Maine and Florida. One condition of exclusivity was that they purchase a demonstration machine and adapt it to the local market conditions. The machine has now been set up and is operational. The customer is now developing applications for the paper and biomass industries on the eastern seaboard of the USA. No other KDS machines have been sold so far under this agreement.
CTI Micro-Reduction Technologies, LLC website
South Korea licensee and 50/50 joint venture - JP FASC Co., Ltd.
June 16, 2009
First American Scientific Corp. (OTCBB: FASC) is pleased to announce it has acquired a 50 % interest in JP FASC Korea Co. and signed a new exclusive license agreement to manufacture and market the KDS technology in South Korea. Operating under the name "JP FASC Co., Ltd", we will jointly, in conjunction with our Korean partner, setup a fully operational KDS processing facility in South Korea to showcase our technology.
Brazil licensee - FASC Brazil Ltda.
On November 11, 2008, the Company singed an agreement letter of intent to form a joint venture to be named First American Scientific Brazil Ltda. for the manufacture, marketing, and operation of KDS equipment in Brazil. This agreement, if formalized, will result in our ownership of 50% of a newly formed Brazilian joint venture corporation named FAS Brazil Ltda.
Latvia licensee - SIA EHT Engineering (developer of BioDeposit® organic fertilizer)
In October 2009, we signed an exclusive marketing agreement with SIA EHT Engineering for Latvia, Lithuania, and Estonia. One condition of exclusivity was that they purchase a demonstration machine and adapt it to the local market conditions. The customer has developed a unique algae-based fertilizer which it sells in Northern Africa. The first demonstration machine was delivered in 2009 and is operational.
EHT Engineering website
BioDeposit website
Patent Information
North America
Device and Method for Comminution - US Patent # 6,024,307 and Canadian patent # 2,218,429
A patent was issued for the KDS as for a "device for comminution" on November 24, 1998, and its U.S. patent number is 6,024,307 with additional patent applications filed in Australia, Canada, Europe (EEC), Finland, France, Germany, Ireland, Italy, Mexico, New Zealand, Spain, Sweden, Switzerland, and the United Kingdom.
Cryogenic Comminution of Rubber - US Patent # 6,655,167
On April 20, 2001, the Company filed a patent application in the United States to protect its research into developing a process for cryogenically freezing non-tire scrap rubber and processing in into a micro-fine powder using the KDS equipment. This patent has now been issued.
Method of Recovery of Precious Metal and Heavy Minerals - US Patent # 6,682,005
On May 4, 2001, the Company filed a patent application in the United States to protect its research into developing a process for disintegrating and separating precious metal from hard rock without the use of chemicals. This patent has now been issued.
February 25, 2009
Recovery of Fuel and Clay from a Biomass - US Patent # 7,481,385
Japan
February 15, 2010
Recovery of fuel from biomass
June 13, 2010
A Comminuting and Drying Method and its Process
Other Countries
Additionally, FASC holds patents in the UK, Europe, Mexico, Australia, New Zealand, Japan, Malaysia and Korea.
Research and Development
Hong Kong - JCL Engineering Ltd.
May 26, 2010
First American Scientific Corp (FASC - OTCBB) signs agreement with Hong Kong engineering firm to build KDS pilot project at Beiqu Wastewater Treatment Plant in Zhuhai, China
"The Zhuhai project will include First American's patented KDS pulverizing equipment coupled with JCL's proprietary dewatering filter system to be designed for the treatment of sewage sludge and other related applications in China. Upon successful completion of the trials, the pilot plant will be used as a show-case in promoting the technology in the China market. JCL will provide all personnel and resources in China to construct and operate the plant."
10-K update for fiscal year ending 06/30/11: The Company has reached an agreement with a Hong Kong engineering firm to run demonstration trials processing sludge from a waste water treatment site in Mainland China. Formal plans and documentation have been finalized and the machine has been shipped. The project, if successful, will result in the sale of one KDS machine, and could expand to include further multiple sales.
JCL Engineering Ltd. website
Prince George, B.C. wastewater treatment [PROJECT DEAD]
October 31, 2005
First American Scientific Corp (FASC - OTCBB) signs agreement with the City of Prince George to install KDS Micronex equipment for processing sewage sludge at their wastewater treatment facility
Brian Nichols, President of First American Scientific Corp. (FASC) announced today the signing of an MOU with the city of Prince George, BC, Canada to assist in solving its environmental cleanup problems with sewage sludge using the KDS Micronex system. "This will be the first operation of its kind in the world, says David Dungate, FASC's VP of marketing, where the strictly regulated Class B municipal sludge can now be cleaned, bagged and profitably sold to the public as a soil amendment." The initial runs will be monitored for three months, and if satisfactory, the city plans to establish a permanent facility utilizing up to 4 micronizers.
According to Dayton & Knight, the city's consulting engineers, "the series of tests undertaken this summer 2005 at FASC's Vancouver demonstration site confirmed the ability of the KDS Micronex to consistently convert Class "B" biosolids to Class "A" biosolids and achieved an effective pathogen destruction rate of 99.9 % in all test samples"
FASC believes the KDS Micronex could become the preferred universal solution for handling Class B sludge by converting municipal waste into a valuable resource. With the successful showcase of our system's ability in Prince George, Canada, we could see our system in use all across the developing world.
There are approximately 15,000 municipal wastewater treatment plants in North America alone that process almost 34 billion gallons of domestic sewage and other wastewater each day. In Asia and Europe the markets are even larger, and FASC is well poised to service those markets through its established network of licensees and affiliates in the U.K., Poland, the USA, Canada, Malaysia, and Japan.
Pilot Testing of the Micronex™ System to Produce a Class A Biosolids - A report by Dayton & Knight Ltd., Vancouver, B.C.
10-Q update for quarter ending 03/31/09: Phase II is underway at our Abbotsford site where some design changes and modifications are being made to handle the much wetter municipal sewage. Results will be announced as they materialize.
Update: This project was not listed in the subsequent 10-K (period ending 6/30/2009) or any filings thereafter.
WRAP Project Explores New Projects and Markets for Paper Mill Sludge [PROJECT FINISHED]
March 2007
A New Approach to Paper Mill Sludge
As part of its programme to encourage the economic use of recycled fibre, WRAP identified a novel process in Canada - the KDS Micronex, which uses relatively low energy input to treat paper mill sludge through centrifugal action to produce a commercially dry material which can be separated through vibrating screening into a fibre fraction and a filler fraction.
10-K/A-1 update for fiscal year ending 06/30/08: In December 2004, a KDS Model S-4 was shipped to Aylesford Newsprint in London, England for trial runs and evaluation. The testing is now complete and a final report was issued in April 2007.
The KDS machine has been relocated to a new mill in Northern England where it awaits new funding to continue the research.
Research in conjunction with Oak Ridge National Laboratory [PROJECT FINISHED]
U.S. Department of Energy Small Business Technology Transfer - Phase 1 Award
Combined Drying and Grinding of Biomass in One Operation
June 12, 2003
First American Scientific Corp (FASC - OTCBB) wins competition for research grant awarded by United States Department of Energy
First American Scientific Corp. ("FASC") is pleased to announce that the Company has been selected for a Small Business Technology Transfer (STTR) Phase I Award ($ 100,000 USD) by The United States Department of Energy. The grant will provide funding to continue research to enhance and improve the KDS Micronex biomass drying and grinding capabilities. Working with FASC on the project will be Oak Ridge National Laboratory (ORNL) of Tennessee,
represented by Dr. Shahab Sokhansani, PhD, P. Eng, a world renowned and published expert in Bio-energy systems.
U.S. Department of Agriculture Biomass Research Initiative grant
July 26, 2004
First American Scientific Corp. selected to participate with the University of Tennessee in USDA Biomass Research Initiative
First American Scientific Corp. (FASC.OB) announced today that the United States Department of Agriculture has awarded a grant of $717,399 USD for research to be conducted by the University of Tennessee, Oakridge National Research Laboratory and First American Scientific Corp.
University of Tennessee/Oak Ridge National Laboratory/FASC slide presentation
University of Tennessee website for USDA-DOE biomass project
FASC SEC Suspension for Financials / Filings delinquencies and Revocation:
Order:
http://www.sec.gov/litigation/suspensions/2015/34-74778-o.pdf
Admin Proceeding:
http://www.sec.gov/litigation/admin/2015/34-74779.pdf
Warning post on Feb 22,2015:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=111051970
Revocation by SEC:
http://www.sec.gov/litigation/admin/2015/34-75419.pdf
This ticker will never trade again.
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |