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I thought you meant that. Maybe "except" was
my correct (mistaken) word?
Sam: They haven't sold a machine in 18 months according to Adam, and this deal they're hoping for has taken forever to close. From my, and another long term shareholder's, communication with HQ I just don't have a sense of anything happening, except for the BIG ONE.
Cheers, Charlie
Charlie. Why not? PS - The (other) statement
I want them to publish is that they are
reinstating our stock.
Not quite sure I believe that statement.
OOPS! That was supposed to be "excerpt"..
(not except).. statement from the company relating
to the GREAT news about our
long dormant company.. that is rising
from the depths!!!
This quote:
" .. Micronex Systems is experiencing rapid
growth as a result of a packed order book."
Sam......yup, I didn't miss that one. EOM.
Except: " ..Micronex Systems is experiencing rapid
growth as a result of a packed order book."
Thanks CPAMAN. Surely hqtrs are gonna start
relisting immediately.
They would not want buyers to know that
there are dozens of Company investors
out there wondering when their investments
would become viable again with proper
listing.. maybe even to the OTC.
Still holding...
Appears to be in the final stages. We can look again for that news upon finalization. In any event, Bannerman Consultants provides us with another vehicle to check by.
FASC "Investor Relations" is still up on http://fasc.net/
But VERY old.
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
Kind of interesting that if this news release came out some time in May, why it hasn't been posted front and center on their website. As a matter of fact, I think the "NEWS" tab has been taken down.
https://www.bannermanconsultants.com/portfolio/stewardship-of-grinder-certification/
Stewardship of Grinder Certification
The Problem
When travelling abroad… Micronex Systems had a French customer for a grinder/dryer unit, but equipment must be certified for compliance with numerous European Directives in order to be sold within the European Union.
Our Approach
We worked through certification as a technical partner, while remaining an independent third party. Our role started with a review of the various legislation and we outlined a compliance strategy. We then led a formal risk assessment and provided technical oversight of the mitigating strategies and their match with requirements.
The Results
The machinery achieved CE Marking, and is free to be sold within Europe. The first unit has been installed and is in operation in northeast France.
https://www.bannermanconsultants.com/news/micronex-rebranding-amid-global-orders/
Micronex grinder dryer
News
Micronex Rebranding Amid Global Orders
Abbotsford, Canada, May 2018 – Bannerman Consultants client Micronex Systems Inc develop industrial equipment to turn waste into resources. To improve brand recognition of their flagship product, the KDS Micronex grinder-dryer, First American Scientific Corp established Micronex Systems Inc as a subsidiary and as the identity of the company. The new brand identity is evident in the updated website.
Following globally-installed systems in the forest, pulp and paper, agriculture, and recycling industries, Micronex Systems is experiencing rapid growth as a result of a packed order book. They are working to supply a huge project in Quebec that will take wood waste from sawmills and turn it into eco diesel fuel.
Engineering News
Join our list to receive a short curation of fascinating, useful, and even occasionally humorous mechanical engineering content from top sources across the world delivered approximately quarterly.
Bannerman Consultants
From time to time, even the most capable teams will come across engineering challenges that test the limits of their in-house capacity. Bannerman Consultants is a Metro Vancouver, British Columbia, Canada based firm solving engineering problems by extending your capacity and expertise in a number of sectors and specializations.
I think we need to say something here
now and then.. or blog might go away.
I owned some stock that dropped so badly
it went from dollar to .0001.
Back about the time FASC went silent.
It was so cheap that I bought goodly
amount at that .0001.
Suddenly it came alive again.
Now at .002.
Just sayin... anything can happen
sometimes when least expected.
Still holding...
ALL? lol I've just been looking forward, with my telescope, to one.
But I've recently switched to binoculars.
Cheers, Charlie
Thank you for the bad news.. this should
only add another 5 years to the chance
of this project success. 10 years.
But there are still all the other
projects to look forward to...
Sam
http://www.southworld.net/kinshasa-vetoes-water-transfer-project-to-replenish-lake-chad/
Congo tries to stop the Lake Chad Projekt
KDS Hybrid energy system? Time to make some of those
small KDSs we talked about long ago. And put them inline
with these.. and have all energy problems solved.
FOR INDIVIDUAL HOMES.
https://www.amazon.com/My-SolarMill-Hybrid-Commercial-Renewable/dp/B013F6ED94
stock: WSTI (.0005)
It used to be $1.50 about the time FASC stopped trading.
Yes, and I bought some back in the day.
OUCH!
Bought millions more shares at .0001
Charlie. Great observation. Ironically
here is Reno area fast track is name of
the game. The notorious "Citizens"
gigafactory (battery) got approved in 3 weeks.
Mainly because it was funded
99% with citizens' taxes and governor
and cronies thought it was a great idea.
Not.
Charlie - "The Longest Yard'" comes to mind. eom
Sam: I've heard that in some major cities it takes years to get a permit to build, partly due to the environmentalists. We've ONLY been about 9 months since Netman first alerted us to this project.
It's definitely not on the fast track, but freight trains get to their destination eventually too.
Cheers, Charlie
We have the longest quiet. 1 month. By
far. No CPAMAN. Not Netman, etc,etc
Oops, I just made it zero days since
last - because today's post saying 20
days since last post.. is now the
latest post.
Just checking to see if anybody is
still alive around here.
Still holding..
Where's CPAMAN?
Can you please clarify??
Please someone fill me in. I am not a chosen one and I am in the dark.
I am a chosen one because I 'choose' to contact them and ask questions.
But this delay on this megaproject is wearing thin.
Cheers, Miami Chuck
Seven days and no posts.
Has FASC finally gone "dark" or has it listed itself under a new symbol that only the "chosen" few have access. Only the "chosen" few seem to have access to the boys in Canada.
I wish I made that mistake with my fasc stock.
Sold? Guess that is what I did
with mine. Really do not know
how/why I would do that.
I have about 15 stocks in accounts
that are basically defunct. But
do not see one that looks like
this.
I remember this stock. I received about 200 shares and then sold it by accident. I placed a sell order and forgot to place a limit and two seconds later it was gone. Important lesson, pay attention to what your doing. I won't make the same mistake with my million shares of FASC. Jim
Sam; The stock did not have much value until recently. :)
Sam , Mine are still showing in my account and yes.....they have gone up this week. In doing just a little bit of research it appears that good things are breaking at Biomass Secure Power. Now, if we could just get some traction here with FASC.
Maybe I sold them? Although I do
not remember ever selling anything
FASC.
Yes,it is worth the time!:)
You can't buy the stock as it is frozen, except for a few "shrts". Keep your eves on the pps,and eventually you will see the value!! Trust me!!! :)
I do not see how it could be
worth much money (relatively speaking)
at 2 cents. My 2 million shares at 1 for 10
spin off/split would I guess give me 200,000
shares of this other stuff.
Even if I could find them.
Relative to the $$$DOZENS of 1000s I have lost
with FASC.. it is not worth it.
I would contact my broker at the time.FWIW
Miner - I kinda remember. But cannot find
where I have any stock ownership. If I
have any, it's not very many shares.
Not yet. Still have options to ask sec to investigate and/or filling class action lawsuit.
The Spin-off took place on 9/1/2002, and you have stock as I know that you were a stock holder at that time. Good Luck
BIOMASS Secure Power, originally known as Virtaul Media Holdings, was a "spin-off " of FASC. A stock swap of 1:10 was given to each FASC stockholder of record for permission to to spin off the company from FASC. It was supposed to compete with with Netflex ,and the founder of FASC,did not have time to pursue the venture. The company was sold to Jim Carroll,of Abbotsford ,British Columbia Canada.He eventually evolved the company into Biomass Secure Power If you read everything on the BMSPF website in Investors Hub,you'll realize that this company is now viable,and will succeed.I'm only taking this time to tip off an Air Force Acadamy graduate,as I have two sons who are West Poin graduates.
I forget what it has to do with FASC?
Up 74% TODAY... TO .025.
No, not at all.
No, not at all.
i don't think they have been issueing themselves shares. Most of the 200Mil was gone years ago. I personally think Brian has put more of his own money on the line.
reclaimer - I doubt there was any wealth created for anyone associated with FASC. You might just call and ask for the reports and see what happens.
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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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