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I think we are all still here as we have nowhere else to go with our shares. I suspect they will keep selling one-off machines, nothing will ever get reported, and any profits will quietly get dispersed to a few “employees”.
On the plus side, there is promising hope for its spinoff bmspf
Sam.....still here. Waiting and wondering what will finally happen with the financing of the big projects.
Is CPAMAN still around? And any of other
loyal regulars?
Please check in.
This is looking like the year I will
have to start taking my huge tax
losses.
Still holding for now...
Sadly
ZOOM stock. 5 years at .00001. Then
$3.00 within weeks. For no real reason.
Still a hell of a profit now that ZOOM
has backed off to $1.75.
Why couldn't this happen to FASC?
oh wait - it isn't tradeable anymore.
You mean your telling me there's a chance
ZOOM. Unbelievable it is holding up even
tho there is nothing there.
$2.40.. up from .0001 a month ago..
Capt Cobec - that has "only" been an issue...
for 15 years.
More!
Don't you think it would be a nice gesture if the company would at least acknowledge our existence and post something, even if it's just on this board. I'd like to see a shareholders message/letter to us.
ANYTHING can happen at any given moment. Look
at ZOOM. It was .000something for years. In last
month it has gone from .005 to $3.00.
$1000 would be about $million.
Just sayin'...
Still holding.
Gulp.
The company should throw us a bone and post something, just to acknowledge that we are here.
Geeeze, Over 3 weeks with no posts or news . Has anyone been in contact with headquarters? Charlie..........any crumbs of info?
No news that I know of.
Maybe Brian found away for KDS to build walls?
Sam.......last I heard, Brian was in Mexico. Didnt get the story behind it though.
2 weeks since most recent report here. What did
it say?
"Amen"
Is there something propitious about that?
Sorry, meant AMEN.
FAQ's [with answers links] http...
http://www.intprocon.com/kds.html
Example below:
10. What is the operating cost of one machine?
The power consumption of the machine is about 150 kW while running at steady state at full capacity. Assuming an electricity cost of US$0.15 per kW hr, it would cost $22.50/hour to run the machine. In addition, certain parts wear with use, see FAQ 11.
1. What are the operating principles of the KDS Micronex machine?
2. How much heat input is required? What are the machine temperatures?
3. What are the advantages of the KDS Micronex over other grinding and drying technologies?
4. What are the power requirements of the KDS Micronex?
5. Is the product pathogen-free and odor-free?
6. What is the production rate of the machine?
7. How can I control the dryness and particle size of the end product?
8. What product particle sizes can I obtain?
9. What emissions come out of the KDS Micronex machine? What noise levels?
10. What is the operating cost of one machine?
11. What is the rate of wear of the blades and other moving parts?
12. Can the company produce a larger machine that could process more material, more quickly?
Anne, brother Charlie.
Last year I inquired about the possibility of processing hemp. At the time Adam said they we looking into it, but last week he told me they had sold a machine in Canada for just that purpose! It's use is two-fold - to process the seeds first, then the stalks. To what end he did not know.
Any sale is encouraging (no, shocking!) but this one especially so because in December President Trump signed the farm bill which legalizes hemp in the US.
Now get that damn major project financed &signed and 2019 might actually be the turning point.
Cheers, Charlie
Charlie,
I guess you're thinking the same thing.
It definitely signals that FASC is still alive.
Where the website of FASC, Micorenex and the Twitter account reflect exactly the opposite.
Have a good weekend all!
Charlie.....thanks for posting. Noticed that website myself a little while back.
This is nothing special, but I found it interesting how in-depth this website went for promoting the KDS.
http://www.intprocon.com/kds.html
Charlie, Other saying: Ya don't know what tom..
tomorrow holds.
But with FASC you do.
OT - Clip from latest govt swearing in ceremony
in Reno. (Trump needs this guy.. very badly)
Sam, how does that saying go? Good things come to those who wait...and wait...and wait...
Charlie, in-defunct. Thanks for bringing me
back to reality. Although my FASC stock
fund is about as defunct as any I ever had.
So far.
But then it's only been 20 years...
To be precise FASC is not defunct. It was delisted from trading but is still functioning as a private company, of which we are still shareholders. They are part of a large group project trying to finalize financing.
Cheers, Charlie
Thank you for the info, me and my dad had been in and out of FASC several times, over the years, but not for some time, I was just checking in on them to see how they was doing.
Matty, hate to tell you but FASC was delisted
and became defunct several years ago.
We are "patiently" waiting for hqtrs to
bring our beloved company back into
conformity.
My Ameritrade doesnt show fasc as a valid symbol, has it changed and if so what is it now ? Tia
As long as FASC is still talking about
relisting. They do have a lot of stock of
their own. That would be very valuable
at $1dollar/share. $2.
2019 or bust. I think we heard that ...
in 2018, 2017, 2016... etc, etc,
since 1998.
Sam,
First intention is to sell KDS and then get back relisted.
It doesn't work the other way around.
Let's see what the NEW Year brings.
Happy new year!!
Like FASC, I still have a pulse... And a stronger one too.
2019 or bust!
Drian, Adam indicates positive about FASC future. Does he
mention that first priority is to get our stock back
into action. One of first priorities.
Hope all is good for you also for holidays
and new year. And for all FASCeestas.
Sam,
I'm with you, mostly just in silence, but I follow it closely... the silence.
Wish you and all other Fasceers a happy and healthy new year.
According to Adam Powell, they are still positive about the future of FASC.
Time will tell us!
Best wishes from Switzerland
Guess I'm the one who keeps the thread alive. Again. eom
21 years ago this month... the
saga began. Hi of .74 and then this.
Or maybe it was 22 years?
Who's counting?
Sam.......there are more. The KDS works very well for what it was intended. It's all a matter of financing.
BTW - These 2 operations still
have live sites. About KDS.
CTI Micro-Reduction Technologies, LLC
http://ctigreenpower.com/
Sawipac
http://www.sawipac.com/index.html
CPAMAN - It's one of those situations where
we could hear about its acceptance on any
given day.
OTOH - It would be nice (seemingly mandatory)
for hqtrs to announce their first step will be
to re-establish the stock. ASAP
Right here!
And here: fasc.net/
The KDS has many viable biomass and other applications in conjunction with other complementary machinery and equipment to convert finely ground and dried biomass to various fuel forms. They are still trying to finalize big contracts right now for the above.
The difficulty in closing contracts now is simply with the securing of financing. The problem continues to be that many other financed systems have failed, and investors/financiers are looking for as many assurances as possible before taking the final leap.
The KDS simply does not have any viable applications, except for the occasional one here and there. I have come to the realization that nothing of significance will ever happen. It simply has been way to much time, someone would have jumped all over this by now if there was any way to make a profit. 20 years, think about it.
Checking in. Don't want this blog threatened
by non-activity.
Still nothing new on company dedicated
website. http://fasc.net/
We might. But it's been a long wait. We shall see.
Happy Thanksgiving to all.
Same to you Old Timer! Xmas would work for me. One
of these days gonna have to think about taking
tax loses.
Hope there isn't some sort of 7 years
Statute of Limitations.
Happy holidays everyone. Maybe we'll have good news for x mas.
Don't take it too hard, Sam.
I was going to post this,,,,,,,,,,,,, Twas the month before Christmas and all through the house, not a creature was stirring, not even a mouse.
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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
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