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My Quote Tracker - 4:45 PM --shows a bid of .0085 and an ask of .018. - ANY NEWBIES TO THIS BOARD: WARNING - DO NOT PLACE A MARKET ORDER !! Waitedg
Net-Man - "So, PR not withstanding, isn't this good news in your world?" Although addressed to Charlie, my answer is yes--qualified by the statement: I have come to learn that my world is much, much bigger than I had previously realized. And this much, much bigger world comprises the market. Waitedg
charlie - My understanding is the sale will lead to the ability to pay for the financials. All in - I am OK at the moment without a PR. As TRCPA noted though, the big news is one sale complete and 3 more coming. Perhaps the larger sale will generate the PR you and others would like.
So, PR not withstanding, isn't this good news in your world?
fwiw,
Net-Man
A Personal Opinion. Only a few here know the information provided on St. Malo's post. A mere 130,000 shares have traded today. Observations:
1. Those who are truly positively impressed by the new information, are not acting on it to any significant degree. The reason why I believe (rightly or wrongly) is that if you own say 3,000,000 frozen shares, how much better percentage wise will another 100K or so make you. When there are still the negatives facing us--non-reporting for an extended period, huge amount of dollars owed the former CEO's estate, as well as present management, mistakes made(and perhaps understandably so--by a skeleton crew)--such as wrong motor being shipped, etc., age of CEO, etc. ,etc..
2. And then we have all the positives posted by Net-man, TR, St. Malo--and others.
The reality is that this is a very interesting situation--and, in my opinion, neither the positives not the negatives are going to make that much difference until the management gets restored in it proper management functions and duties.
In the meantime, we old timers have an interesting ride. Let's ride well with each other. Waitedg
Charlie.....that completed KDS sales is good news. The 3 KDS to be purchased by St-Malo is VERY GOOD news.
Can we follow these up with, perhaps something like a 10 KDS sale?
Hmmmmm.......maybe we just can.
FWIW, I called FASC early this am & left a message. No call back. Same ol IMO. Also discouraging that we get ONE SALE and screw up the motor...geez.
Obviously not nearly as optimistic as the Kool Aid crew. There is resistance @ .018, but if this had any volume it would not mean much. Still waiting 60 days + for our "very busy" crew to produce delinqunt financials. Hmmm if they don't ...they can use that as an excuse not to update us or the market on ANYTHING...Great strategy...Thanx Brian for keeping the sp from increasing.
Al
And this SHOULD HAVE BEEN big news...
A KDS was finally delivered in Val d'Or, Quebec, yesterday... and the machine will be running by the end of next week.
...since it has obviously been paid for. But because the financials are not finished no PR of this sale is forthcoming.
Big news of the day from St-Malo.......
"Now about the St-Malo project, we finally found new partners who will help us expand by three fold the original plan. This means that we will need 3 KDS machines. The financing should be attached by the end of 2013, as we get a major contract of electricity production. The plant will produce power and steam from wood dust, and briquettes/pellets as solid biofuels for the local market."
St. Malo's post has produced a wide response of emotion. My only additional comment is that the rules apply equally to very positive as well as very negative material content--that may have objectionable generic or specific personal opinions expressed. Persons have the right to use ignore--if they wish--but I have learned the hard way that respect for all posters is very important--regardless of the main content of what is provided. Just my opinion. Waitedg
St. Malo - I agree with Sambeaux. Your original post had criticisms of many posts which you found fault with. I think you owe it to Sunspotter (whose out look on FASC has been quite guarded) to have saved the main ingredients of your post, and removed the objectionable parts. We now have it to refer to in an acceptable format. Waitedg
St. Malo's post edited appropriately:
"News from Quebec
I try to keep up with this forum [edit]. Here are a few messages that should shed light about the KDS.
A KDS was finally delivered in Val d'Or, Quebec, yesterday. In fact, the machine was delivered earlier, but had the wrong motor. I talked today with the owner and the machine will be running by the end of next week. You can bet that many interested prospect I talked to, during the last two years, will want to see the KDS in operation. I plan to have FPInnovations (the world's largest research center in forestry) make a technical report on the performance of the machine, drying and pulverizing different feedstocks such as wood chips, bark and manure.
For those who think they found a machine on the Web capable of doing the same things as the KDS, I would be surprised of that. And for those who fear that someone could copy the system and not pay for the original KDS, the secret is in the "brain" of the electronic controls and I doubt it will be copied one day!
Now about the St-Malo project, we finally found new partners who will help us expand by three fold the original plan. This means that we will need 3 KDS machines. The financing should be attached by the end of 2013, as we get a major contract of electricity production. The plant will produce power and steam from wood dust, and briquettes/pellets as solid biofuels for the local market.
Finally, if you want to read more about the position of DGR Forestry Consultants of Quebec about biomass and biofuels, you can read a paper that I signed, which is available (in French) at the following hyperlink:
http://consultationenergie.gouv.qc.ca/memoires/20130919_116_Consultants_Forestiers_DGR_M.pdf
Sorry if I didn't mention the KDS in this paper, but if you read between the lines, you will know that these projets will need lots of KDS's to get on track.
I don't know how all this will affect FASC stock price, but my input on this forum is to inform you about what's going on here. Again, come to see us anytime at St-Malo Heating in Quebec City. The KDS's aren't in place yet, but the building conversion has started!"
St-Malo's information is great news for FASC. Not only did he confirm the KDS was delivered for his customer, but he indicated his project is growing and will require 3 KDSs and this may take place by EOY.
If we get one of the other large deals announced by then, the pps will be off like a shot. I for one won't complain about the 40% increase today.
fwiw,
Net-Man
Fasctrack......amen to that as well !!!
Charlie.......the glass half full says 4 KDS sales via just one source before the end of 2013. Keep your eyes on that beautiful part!
That's excluding all of the other projects going on all over the country and the world!!!
Love this sentenance as well: Sorry if I didn't mention the KDS in this paper, but if you read between the lines, you will know that these projects will need lots of KDS's to get on track.
St-Malo: The spacing between your posts is long enough to get me a little nervous about the project, but then when you do post it's usually with encouraging news (past financing issues aside).
I won't be holding my breath regarding the 3 KDS...just having a single sale would be worth celebrating.
What annoyed me about your latest post was the statement that the KDS was delivered with the wrong motor. Inexcusable on FASC's part! The basic sizes (S4, S6 & S8) all come with specific hp motors, so to screw that up screams incompetence. And if it was a special motor size then that would have been indicated on the PO, and should have been double checked before sending it across Canada. Very poor job of quality control, but then again they can't afford a QC Dept.
Charlie
St-Malo - Very much appreciate your update and look forward to hearing more as your customer moves forward with their KDS.
Also, very exciting to hear your own project is moving forward and is expanding to 3 KDSs. I am looking forward to visiting with you early next year. Je pourrais peut-être balancer par pendant le carnaval?
Merci,
Net-Man
Just our luck. ALL THIS TIME..
and the wrong motor.
Oh well, what's another 2 weeks..
tacked on to 14 years.
Still holding.
PS
Thanks Malo!
I also love your reference to the
KDS "brains".
St-Malo......tremendous news, thanks for sharing.....particularly about the increase in the need for KDS to 3 for your project!!
Great to hear a (1) KDS was delivered. Since our CEO does not feel this is material, I'm glad someone reported it. I will attempt to get some info at the risk of being disappointed yet again by my CEO.
As for the financing of THREE KDS (by eoy) I hope this occurs and I hope, if it is that the purchase will be reported for the first time EVER by a selling company run by Brian Nichols. There is hope in Mudville...technically the stock is (and has been) cleared for takeoff (at least to mid .02s...If the market is ever notified perhaps we may even get volume by 2014.
Al
Hi St Malo,
Thank you for the update! I am excited about having our technology finally being used where it will get the attention it deserves.
I look forward to further news!
RJ
Oh yeah that's right...but if its any consolation, they have been working very hard.
Fasctrack: Duh! It's obviously a demo...we don't make sales.
Is that a sale or a demo?
TR - I guess the only thing of significance to me is if it was shipped to Korea in 2012, what is the significance of that to 10/10/13? Waitedg
Now you sound more like Brian Nichols...leave it to others to research the company you are CEO of. Wonderful strategy... netting sp of .01 with zero volume. Thanks Brian!!!
Beischens.......I think we would have to dig more deeply into the numbers. ONE KDS would process 3 tons/hour. If you need 20 tons per hour, then you would need 7 KDS (even better, if you are a FASC investor).
The next question would be cost. 7 KDS would cost about $2 million. We know that coal is cheaper than biomass, but you have a strong push these days away from coal, so politics and incentives also enter the game.....hence cogeneration coal/biomass plants are becoming more desirable, which would suit the KDS perfectly.
I think the real answers in coal/biomass cogeneration are far more complex and specific to the targeted areas; i.e. also involving cap and trade, carbon credits, political climate, etc.
In the meantime, the KDS is currently involved in numerous other areas and applications, almost beyond comprehension.
Hongcouver......any thoughts or perspectives you can add to these KDS shipments to Korea?
TIA, TR
Trout,
This article is a pipe dream.
This being said, if FASC wants to be a player, they need an update and keep updated to their site, especially the KDS throughput.
It takes about 100 tons of coal per hour to produce 100 megawatts of power.
the FASC site advertizes 3 tons of coal per hour. Coal plants will not even consider such a low through put.
There is less energy in bio-mass than in coal. less energy = more tonnage per hour for the same megawatt output.
The plant I'm currently at has worn out coal mills, but I can't/won't point them at a possible replacement where they would only have to buy only about 175 units to meet their needs.
If through put was up to say 20 tons per hour, maybe an argument could be made.
BILL
Thanks, troutkinglives. Interesting that the article came from the Vancouver Sun.
Future of cogeneration is green
According to the International Energy Agency, power generation from non-hydro renewable sources including solar, wind and bioenergy will exceed gas and nuclear by 2016 and renewable power is expected to increase by 40 per cent in the next five years. "Combined heat and power (CHP), also known as cogeneration, is the simultaneous production of electricity and heat from a single fuel source, such as natural gas, biomass, biogas, coal, waste heat, or oil," reports the United States Environmental Protection Agency (EPA).
Cogeneration was likely first introduced by Thomas Edison in 1882 at his Pearl Street Station which combined heat and power, producing electricity and thermal energy. While sources such as solar and wind are well known alternate energy sources, it is estimated that around eight per cent of world electric generation capacity comes from cogeneration power systems. In countries such as Finland (almost 40 per cent) and Denmark (over 50 per cent) cogen provides a substantial portion of the national power production.
Cogeneration is more a principle rather than a single technology with the main advantage of CHP plants being optimal efficiency. Conventional power generation discards up to 65 per cent of energy potential as waste heat while cogeneration plants have a conversion efficiency of 75-90 per cent and are particularly useful in colder climates where the heat can be used for heating buildings and industrial processes. A further benefit lies in the proximity of the average cogen facility compared to the five-to-10 per cent loss in transmission of electricity from typically remote traditional power stations.
Environmentally friendly, the majority of today's large industrial and commercial CHP applications are in the pulp and paper, chemical, refining, food processing, ethanol and manufacturing sectors, which require vast amounts of electricity and heat, and typically run on natural gas which is generally believed to be the cleanest fossil fuel. As natural gas is in great supply across North America, it is free of geopolitical strife. Cogeneration systems use less fuel to produce the same amount of energy. Cogeneration is an integrated energy system that may be altered depending upon the needs of the energy user.
Gas fired cogen plants are common, but biomass fuelled plants have the added benefit of using a renewable, practically inexhaustible fuel source. In a pulp mill, for instance, wood waste that would typically end up in landfills can be recycled and used as fuel for on-site cogeneration plants to provide power for the pulp mill and for steam for operations. Any additional power can be exported.
I believe that cogeneration systems play a crucial role in meeting North American energy needs and reducing the environmental impact of power generation such as found with coal. As reported by www.good.is, it takes 876 kWh to power a single light bulb continuously for a year which equates to 714 pounds of coal or 143 pounds for natural gas.
Quite simply, cogeneration systems require less fuel than these conventional sources as both heat and fuel are utilized to produce energy and sources such as biomass waste can be used as a fuel to further lessen the impact on the environment. Because less fuel is burned to produce energy, CHP reduces greenhouse gas emissions. CHP's high efficiency and reliability also result in overall savings for the operations.
Our company, Fortress Paper has made a significant investment in cogeneration at our Fortress Specialty Cellulose Mill in Thurso, Que., where we have expanded into the renewable energy generation sector with the construction of a cogeneration facility and are upgrading the on-site cogeneration facility to produce up to 25 megawatts of green energy. We also entered into an energy supply agreement with Hydro-Québec to provide green power to the grid over a 15-year term.
Cogeneration exemplifies a demonstrated, cost-effective and energy-efficient solution for delivering electricity and heat. As we make a transition to a more sustainable energy future, continued availability of affordable natural gas is crucial. Newer technologies such as fuel cells, with their smallscale applications, also play an important role in cogeneration's future.
As more organizations invest in cogeneration, we will likely see a noticeable reduction in peak electrical demand. This benefits utility providers by decreasing infrastructure costs and alleviates upward pressure on electricity costs. As climate change caused by greenhouse gases becomes a growing global issue, the significance of CHP as a real way to reduce emissions is more obvious than ever.
Chadwick Wasilenkoffis chairman, chief executive officer and founder of Fortress Paper Ltd.
© Copyright (c) The Vancouver Sun
http://www.vancouversun.com/technology/Future+cogeneration+green/9014959/story.html
Waitedg......simple answer.....KDS shipped from Canada to Korea. I have to start leaving it to others for follow-up.
Seems everything works in slow motion on this stock. What do you expect from an 80 year CEO?
two days in a row the bid's been propped up to .014 and 0 volume... hmmm... seems like some shareholder wants to feign bid support by propping it up...
TR - Can you translate your last two posts into 50 words or less of simple English? Is this an order with a late 2012 date on it? Confused. Waitedg
And this.........
http://www.paraer.com/corporations/hankook-filter-co.html
http://www.importgenius.com/fr/importers/hankook-filter-co
Hankook Filter Co. Importe des produits de First American Scientific Corp. through the port of Tacoma, Washington via Vancouver, Bc.
Jeu de connaisseur
Le numéro du jeu de connaisseur
OOLU104049626001
Arrival Date
2012-11-30
Numéro du voyage
066E
Le nom du vaisseau
NINGBO EXPRESS
Expéditeur
FIRST AMERICAN SCIENTIFIC CORP.
282-5489 BYRNE ROAD BURNABY BC, CAN ADA.
Consignataire
HANKOOK FILTER CO.
951-12,DOGOK-DONG KANGNAM-KU SEOUL , SOUTH KOREA .
Avertir l'intéressé
Port de chargement
Vancouver, BC
Port de déchargement
Tacoma, Washington
Déclaration de marchandises
KDS MICRONEX S4
Hongcouver......well I'll be dog-goned. Check the following out.
http://www.importgenius.com/fr/importers/advance-cargo-logistics-co-ltd
Logistic Corp. through the port of Tacoma, Washington via Vancouver, Bc.
Sample shipment record for Advance Cargo Logistics Co Ltd
Jeu de connaisseur
Le numéro du jeu de connaisseur
OOLU1040496260
Arrival Date
2012-11-30
Numéro du voyage
066E
Le nom du vaisseau
NINGBO EXPRESS
Expéditeur
KL LOGISTIC CORP.
15161 S. FIGUEROA ST. GARDENA CA UNITED STATES
Consignataire
ADVANCE CARGO LOGISTICS CO., LTD
801 MYUNGJI BLDG 78-15 4GA JUNGANG PUSAN . SOUTH KOREA
Avertir l'intéressé
ADVANCE CARGO LOGISTICS CO., LTD
801 MYUNGJI BLDG 78-15 4GA JUNGANG PUSAN . SOUTH KOREA
Port de chargement
Vancouver, BC
Port de déchargement
Tacoma, Washington
Déclaration de marchandises
KDS MICRONEX S4
Company policy. Zero information for market or shareholders. Nichols Law...
Al
WOW! Look at all those KDSs all
over the world.
SO BRIGHT AND SHINY IN DIFFERENT COLORS.
I really like that blue..
and the standard green of course.
But .015 tells a different story.
Still holding...
TRCPA,
At the PacWest main page, there is the "PWG Partners" statement.....directly below is the photo with "KDS Equipment"......click that and other photos will appear.
HC
Never mind, I found it through this link......
http://www.pacwestglobal.net/kds.html
Will see what more I can find on this.
Thanks, Hongcouver. I havent followed Korea in quite some time, and havent seen thos photos before.
How did you access those? It looks like they are under "Projects".....however, when I just click on "Projects", I get "Coming Soon".
What am I missing here?
TIA, TR
TRCPA,
Regarding wastewater treatment........have you searched for more information regarding the S6 at the Korean Project.....specific to the photos shown on the PacWest site:
http://www.pacwestglobal.net/korea.html
HC
Waitedg.......CEO's come in all shapes and sizes. The next time someone contacts him, that would be a good question to ask.
TR - Although Adam must certainly be learning a lot, I am of the distinct impression that he has no interest and no skills in administrative functions. I think Adam will confirm to anyone who talks with him that what I say is true. I believe he is not the person to take over leadership of the company, and he will be the first to confirm this. Waitedg
I would like to see a number of sales, ranging from 20 or so each from QL and eventually Sawipac, several from St-Malo and Mexico, the start of sales of a commercialized wastewater treatment process via JCL, and SCA buying KDS for paper recycling, among others.
They are all solid possibilities..... the combination of which would have us talking dollars per share perhaps, instead of pennies.
I would like to see A SALE, or the two months and counting fins with zero revs at least up to date.... The "club" has been pushing sold machines for months...I'd like to see that in the books. But I am thrilled hat our team has been working feverishly...
Al
Waitedg......Adam is learning a lot at the feet of Brian. He may becoming closer to ready to take over some day. I see this phenomena in the business world every day now. Younger people are far more able to take over then in the past due to the changes in the speed of the information age.....which may confound some of the older folks. Adam and Brian probably make a good team in this respect. I would still like to see someone else with financial and legal experience enter the picture soon following new sales.
Everyday I spend a few moments praying
for Brian's good health.
And everybody here knows the main
reason why.
Still holding..
From my past information, Adam has neither the capacity nor the interest in the CEO role. He is interested in just the technical and installation role as far as the KDS is concerned. RJ can add more to this, if he wishes. I believe someone from the outside world have to be brought in if transitional help is to occur. Waitedg
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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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