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drian, the latest update from http://www.fasc.net
shows 2016 sales:
Sales updates (2016 fiscal year to date):
KDS S6 sold into Quebec to process sawmill wastes to wood pellets
KDS S4 sold into France for the purpose of processing biomass as a feedstock to synthetic gas production
KDS S6 sold into Poland to process sawmill wastes to wood pellets
I guess the 2 sales you found brought in enough
money to keep the lights on. And hope for these
rumored future huge projects alive.
Does anybody noticed that they had sold two KDS in 2017?
One in Moscow and one in Taschereau (Can).
Maybe I missed this message.
Too bad that they do not communicate those projects on her website. It can only be seen on the project map side.
drian
And then there is this Sam:
(In the coat)
Sam,
always admired your tenacity and your posts. You keep whats left of this
board with your sense of humor and realistic thoughts still open. Ihope
like you somehow someway we will succeed.
Keep the faith and take care
Patrik
Patrik, Absolutely true. Unless the
KDS can do things nobody else can do.
OTOH, if it could somebody would
have figured that out by now.
Ya think.
Still holding...
BTW, as an analogy, I am arguably the
greatest Watchdog against govt ever.
But have you ever heard of me?
(The media doesn't want you to.)
Watch couple of these very short movies for
a sampling of what I do. Extemporaneously.
(eat your heart out Trump):
http://www.renocitizen.com/movies.htm
Jim,
I honestly cant see anybody with multi million dollar contracts dealing
with Fasc who couldn't even keep their listing and have nothing. Would
you or would you deal with somebody reputable who does have the resources
to fulflll the contract.
Patrik
I hate to see you lose faith when they're/we're thisclose to something big.
You're in a lifeboat with the rest of us, and we will ALL survive.
IMHO of course ??
Cheers, Charlie
I hate to think that I might be losing faith. But have we been hustled for the last 20 years. Is anything with this stock ever going to happen? Comments please
Stock Market (not unwarranted) like this
does not help with the confidence of the
folks who are supposedly contemplating
funding our KDS project(s).
Good point! This 'correction' better end soon. I think 8% is enough.
On a positive note..........maybe we can tell ourselves that FASC is a " safe harbor " in today's dip in the market . The value didn't drop a penny.
The more we hear the less we find out. eom
Good Lord. Has anyone heard anything ?
OT? Maybe it's not insomnia. I am actually
asleep all this time.
And the sleep has been a nightmare.
Thus far...
Insomnia Sam? ??
At any given moment we might hear
about the multi-million projects
we have been hearing about.
Still holding...
yea, they got me good, grrr
Al Jolsons.. with whiteface. Ha!
chud.. as in noun or verb? As in "You've
been chudded."
Netman, "Nigerian styled scams". Oops.. I forgot
about those boondoggles.
I sure am glad there aren't any American
styled scams.
Ya think.
Sam - FASC is already going to make us millionaires... Haven't you heard?
What's that I hear? The drying of ink on signed papers?
Nothing's final until it's over.
Cheers, CHud (pronounced "chud" ) ??
Sam - Well maybe. Hopefully the project isn't another in a very long string of Nigerian "oil ministry" styled scams.
Netman, as I recall KDS does this for
the Lake Chad project.
The lake is VERY shallow. Bottom dirt
would be excavated by the millions of
tons. And KDS would be involved in
reclamation, etc from the very
valuable ingredients in the dirt.
Something like that.
Sounds like a Plan.
Epic Project of Marshall Plan
magnitude.
If successful we would all be
multi-millionaires. If we could
get the stock trading again.
Sam - Not that I am aware of. How would a KDS be used in the project?
Is this FASC Project? "Inter-Basin Water Transfer
project from the Ubangi River in Central Africa
to the Lake Chad.”
I thought the project is much farther than having a conference and debating whether and how the project should be realized.
That certainly needs his time until they start.
Drian
Buhari to host conference onLake ChadPublishedDecember 26, 2017ShareTweetSharePin it+1President Muhammadu BuhariOlalekan Adetayo, AbujaPresident Muhammadu Buhari will in February host an international conference on saving theLake Chad.According to a statementon Tuesdayby the SeniorSpecial Assistant to the President on Media and Publicity, Garba Shehu, the conference is to revitalise the basin’s ecosystem for sustainable livelihood, security and development.Shehu said this was the first time an internationalconference on Lake Chadis being organised by thesix member countries of the region.The three-day conference, according to him, will consist of two days of technical sessions and will hold betweenFebruary 26-28, 2018, in Abuja.He said the meeting was expected to have in attendance all the Presidents and Heads of government of the member-states, namely Nigeria, Niger, Chad, Cameroon, Central African Republic and Libya.The presidential spokesman said, “The main objective of the international conference is to create global awareness on the socio-economic and environmental challenges arising from the shrinkage of the LakeChad, the threat to livelihoods including insecurity with a view to developing a comprehensive program for action to save the lake from extinction.“Specifically, the conference is expected to discuss and develop consensus on the different options to restore Lake Chad, including the Inter-Basin Water Transfer project from the Ubangi River in Central Africa to the LakeChad.”
TKL, thanks. That is something that
looks like what Mother Earth wants
the KDS to be doing.
6 months ago.. which is NOTHING
in FASC time.
Still wish there was an update though.
Bookmarked.
Sam - That was Bio Deposit, a partner of Micronex Systems, Inc.
http://biodeposit.lv/index.php?mact=News,cntnt01,detail,0&cntnt01articleid=54&cntnt01lang=en_US&cntnt01returnid=173
Sam....I think there was something about that, but I don't recall where.
Maybe somebody else here knows.
Hi CPAMAN, are you saying you have not heard
about the potential massive use of KDSs
to be used across central Africa (Chad, etc)
to save that continent!!!
I forget where the Report is located.
From about 6 months ago.
Sedona.....don't know anything about Africa. But you might email, Facebook, or tweet FASC via the new website. They are on all of the social media now.
Thank you for clarifying ! I thought that it was the Lake Chad project that everyone was referring to. By the way, has there been any good news coming out of Africa lately ?
Sam.....these are real. Just need to get through final details, from what I'm hearing. A little luck wouldn't hurt either!!!
CPAMAN, Thanks! Hope is what we have
come to have to thrive on. Ya never
know what tomorrow has.
For instance from a Negative side; there
I was flying as a Pilot for the greatest
airline in history, Pan American.. and
next day a terrorist blew us out of the
sky and OUT OF BUSINESS.
In the blink of an eye.
Time for something for me from
the Positive side.
Micronex Systems Inc @MicronexSystems · 15 Aug 2017
Replying to @MicronexSystems
The anticipated closing is in September and should total $245,000,000.00
Micronex Systems Inc @MicronexSystems · 15 Aug 2017
Replying to @MicronexSystems
One in Quebec, Canada, one in Florida, USA and one in Texas in USA
Micronex Systems Inc @MicronexSystems · 15 Aug 2017
We are working on our website in preparation of the anticipated financing of three waste to bio diesel and bio char projects in N. America
Sedona.....from new Micronex Systems twitter account. See August 15 tweets.
https://twitter.com/MicronexSystems
Inevitable delay IMO, due to size of project. But getting nearer.
Event? Well there was the scenario from about
6 months ago that myriad KDS's would
be starting to spread across Africa
doing things like helping create
lakes. Or something like that.
Never heard anymore and forget where
to find that information.
And other big deals on the horizon
waiting for money.
Dear friends, am I missing something ? What exactly is the big event that is not currently happening ?
Which "Plan"? I long ago lost...
count of the "plans".
TKL......yes, based on whats in the pipeline, I think that would be a fairly conservative guess coming back out. As we all know, Brian wants to be sure of cash flow before relisting again.
Probably also worth considering the possibility of a reverse split of some kind too, to generate a higher pps.
First things first. Let's get that first really big deal finalized, and then everything will fall in to place. Fingers crossed.
TRCPA - I would imagine the value to be over .25 at the time of any relisting. Can't imagine after all these years they'd sellout for only .50. But that's just my opinion. eom
TKL.....in my mind, I think we would be clearly capable of getting at least 50 cents/share if all goes according to plan.
TRCPA - Big dollar as in $2.00? eom
Sam......that should be the goal for all. Or in lieu of that, a company sale for a big dollar!!!
Want FASC Traded on Public Market. Bingo!
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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.
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