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Jim, et al, Every year around this time I
think about "cashing" my 3+ million in and
take a tax loss.
But tell myself.. next year.
I keep telling myself that someday this stock will be readmitted and my million shares will be worth something. What do you think. Do I have a chance.
Well, there appears to be nothing to be thankful for with our little company this year. However, Happy Thanksgiving To all of you. … Yes, that includes our Canadian friends.
Capt, I would be satisfied with 1 or 2 messages/day.
I would love to come to this site and find 15-20 messages. Mostly concerning our relisting...Maybe one day...
They are still there plugging away. And still trying to close some big deals. It's certainly been a titanic struggle.
Doesn't always mean anyone is at home.
Hope I'm wrong.
Sam,
Good you are here. I was beginning to think I was talking to myself. … again.
Lights on is a good thing.. sort of. eom
18 days w/o a post????
I went to FASC.net and tried to send a message to the boys. It doesn't work. But It did show an Email address, so I sent them this.
I have been an investor for many many years. This news article came across my computer. Costco is an environmentally friendly company that is in the process of building a chicken empire in Nebraska. Costco may be seriously interested in having a way to process all of the chicken poop to get past all of the environmentalist whining.
See the article below.
https://q13fox.com/2019/10/11/its-only-4-99-but-costcos-rotisserie-chicken-comes-at-a-huge-price/
Just a thought.
I received this from Adam
Hi William,
Thank you for the email and the information. It is appreciated. I will read the article.
Best Regards,
Adam Powell | Head Of Operations
First American Scientific Corp
31673 Marshall Road, Abbosford, BC Canada, V2T 6B1
Direct: 604-850-8959
Fax: 604-850-8904
Email: adam@fasc.net
Websites: www.fasc.net / www.micronexsystems.com
Just so U know the lights are still on.
Ultimate definition of the new term "crickets!". eom
I think it has now been 3 years since I signed up for the FASC news letter. Maybe this year I'll actually receive one. I am not exactly sure "No News is good news" in this case. It is curious that FASC management would offer such a thing as a news letter, and then end up being so busy that nobody associated with the company had time to produce a single letter.
Doors probably still open for business and machines being sold under new name without fear of reprisal
They did mine over a year ago.
TD did same to my FASC. Shows my "loss" to be
A LOT LESS THAT IT REALLY IS. ($17,000)
Good thing I kept paper trail.
I remember guido151, he is on my shareholder list and we emailed occasionally about his trips over to Italy. I just reviewed those emails going back to 2010 and was surprised to see that the last was in 2014. Can't believe 5 years has passed since then.
So sorry to hear that your friend has passed, he came across as a real nice person, and a wonderful grandfather.
As he used to say in signing off, "Saluti"
RIP Mario.
Charlie
Does anyone remembers "Guido" who posted only occasionally on this board? He was a very good friend of mine and died last November. He stayed with FASC until the end and still held about 1M shares when he died. His wife now holds the shares. (Her memories of Guido and worth more than the shares.)
TD Ameritrade removed FASC from my account and replaced it with a string of letters and numbers. Also, showed the entire value for a loss. Should I still keep my hopes up, as I have for the last 15 years?
Hi Jon, really? It lasted all these years! Wow!
It was Darwin Roth.
22 YEARS AGO TODAY. I bought my first
of several million shares of FASC.
5,000 shares @ .20 cents.
Well my FASC grill brush finally wore out. How many years did that last? Over a decade I think. Best thing I got out of following FASC.
I just bought a new brush at Lowes. Nice brush, but I know it won't last as long.
Sorry I forgot who it was that was selling those.
Best to all.
recession-proof and nobody is going to short it............
All signs are pointing towards a recession. At least we know our stock is recession proof. :(
I almost posted yesterday just to break the silence. It looks like this will end up being a tax loss sell.
Thanks Charlie. Seems very strange to sell
1 KDS. Logic would deem either sell DOZENS..
or none.
Any idea how much he got for it.
What company would want to go to the details
of building just 1 KDS. Must cost fortune
to tool just 1 of 'em.
Heard back from Adam re FY2019. Sold 1 machine and have no idea why the Quebec project is not happening yet.
"Barely holding on"
Cheers, Charlie
I do not know which is worse.. them..
doing what they're (NOT) doing?
Or us hanging around?
If they truly cared about us, they would make an effort to post something.
Well, another couple of days and another fiscal year has past.
Anybody want to wager on them becoming compliant for the annual report?
Another year has past without a peep from anybody in the company.
I'd even take a quick note from the janitor. If he is working, that would be some indication the doors are still open.
Slightly OT - Some of sambeaux's lives:
https://www.youtube.com/user/samsrawrah/videos
You must not have kids or grand kids that are more than eager to torture you with their super-hero movies/tv shows.
YOU leave a VERY sheltered life. … I'm Jealous.
The Flash? Don't know them. But makes more
sense than anything I could ever dream of.
$100 in ZOOM 3 months ago would be
about $million now.
For no reason.
And far less reason than anything FASC
would seemingly deserve.
Isn't ZOOM the name of the bad guy in The Flash? Maybe every time he wins, his stock goes up. Now there is your reason!!
ZOOM just keeps zooming. FOR NO
REASON.
https://invest.ameritrade.com/grid/p/site#r=jPage/https://research.ameritrade.com/grid/wwws/research/stocks/summary?c_name=invest_VENDOR&symbol=ZOOM
The Russell comment was a dig to the directors of this company. They won't even recognize us or respond to us in any way.
What is this Russell reference about?
Are you asking if there are any feathers ruffeled?
Are there KDS's operating out there? How many?
Hey guys, did we make the Russell??????
Thank you for the info and insight. Jim Kaiser
CPAMAN. Thanks. Good to hear from you.
Still holding.
For those interested in where FASC stands, I believe the following might be very informative.
https://www.canadianbiomassmagazine.ca/money-matters-7353/
A look at biomass financing challenges and successes
By Reg Renner
April 29, 2019 – Financing biomass projects in Canada is a very challenging event, with numerous participants and mixed results. The hurdles can be numerous and those who have tried to finance biomass projects have many bruises and scrapes to prove that it is difficult, but not impossible.
Personally, I have been involved in financing biomass projects since 2004, when I left the forest nursery industry and saw the opportunity to finance biomass boilers in the greenhouse industry. With that introduction to the world of financing biomass boilers, I was soon off exploring the B.C. pellet industry and the challenges of dealing with millions of hectares of dying lodgepole pine. In 2006, I attended the Prince George International Bioenergy Conference (now called the Canadian Bioeconomy Conference) and realized that there was a lot of equipment that required financing and I could follow the conversations relating to wood waste and developing biomass technologies. What I have since discovered is that financing biomass energy projects is more challenging than any of us imagined. We often underestimate the degree of difficulty and assume that outside investors are as passionate as us and love the challenges of combining biomass technologies with the numerous variables of forest harvesting and biomass processing.
Therefore, the first step in financing biomass is to acknowledge that renewable energy can be addictive and habit forming. This warning indicates that we have to work extra hard to put our passions behind us and move into the world of reality. To finance biomass projects in Canada, we must be properly trained and prepared for the race. First of all, it will be more like a marathon race with a steeplechase water jump thrown in for excitement. We need to clearly understand that the process will challenge all our skills and patience and we must be properly prepared.
I wrote a 10-part series for Canadian Biomass magazine in 2010 to 2011 on a financing checklist that is still applicable, if the chance of successful financing is to be increased to an acceptable level. Nine years later, I still believe that these 10 steps are essential to success. (Find the archived articles at www.canadianbiomassmagazine.ca.)
When reviewing this biomass financing checklist, I began to realize how far we have come and how important the team approach still is. If we were to list the successful biomass projects in the past 10 years, most of us would agree the vast majority of these projects were completed by a professional team of forestry and energy experts. Canada will produce over three million metric tonnes of wood pellets in 2019 and there are now over 50 biomass boiler projects installed in just two regions: P.E.I. and N.W.T. Although financing biomass projects may be difficult, having a team of experts working together and focused on the same goal is critical for successful biomass financing.
Having a professional team allows the leader to delegate tasks and research requirements to experienced experts that have the necessary skills and previous financing experience. This is one of the positive developments regarding biomass financing; we now have a track record and experienced personnel who have been in the trenches and are willing to share their knowledge with other biomass project developers. Networking with other project developers is extremely important in this developing industry.
Most people who contact me are looking for an appropriate funder or investor. My first question is whether you are properly prepared for the first round of questions. There are so many financing options available that it is quite common for an interested project developer to spend more time looking for a suitable funder than preparing their business plan and financial projections. Therefore, even when you do find an interested funder or investor, you need to be able to respond in a positive manner to their initial round of questions. I have lost count of how many project developers wanted to enter into a conversation with a potential funder and yet they did not have the basic business plan completed or even started. You cannot expect a bank manager to be interested in a 64-page marketing report that does not include a single financial spreadsheet. In reality, it is probably easier to find an interested funder or investor than it is to prepare for the first round of questions and that is why a professional team approach is best.
The people I have met over the past 15 years are amazing and they are passionate about their technologies and the future of bioenergy in Canada. I’m able to sit back and look at how much progress we have made and recognize that, although progress has been slower than any of us would have predicted, it is still progress and more people than ever are now interested in renewable energy solutions and opportunities.
We must be prepared to celebrate our successes and continue to educate our clients, consumers, and investors, but we also need to understand that working with biomass has many more moving parts than solar and wind financing. You must address the questions regarding feedstock supply and off-take agreements in a more detailed and knowledgeable manner than any other renewable energy project developer. Look in the mirror and ask the hard questions before you go into the investor’s office. Do you own or control the wood supply? You must be able to answer this question with conviction and documented proof.
As people interested in biomass, we have seen recent articles that state how much money is moving towards new low-carbon industries and yet I caution people when they think that pension funds will flock to biomass energy projects. This is because biomass projects have a multitude of interrelated factors that create complexity and unacceptable risk in the minds of most long-term investors. So, while insurance companies invest in U.S. forest lands, we continue to work in a different environment than most other renewable energy developers. We must acknowledge our feedstock challenges and create flexible solutions that address risk management head on, and an ideal solution is joint partnerships that share risks and rewards.
An example of developing partnerships is the federal government’s funding through Natural Resource Canada’s Clean Energy for Rural and Remote Communities (CERRC) program. This program for the promotion of biomass heating has taken time to develop and implement, but it is a significant step that is designed to launch the biomass heating industry into the mainstream and reduce the use of imported fossil fuels, such as heating oil and propane. Building momentum and a knowledge base is an important step that gives commercial funders increased confidence with biomass technologies that are now proven and suitable for specific locations and situations. Having additional grant programs gives communities added incentive to go forward with their specific biomass project. Funders prefer projects that have a combination of shared risk and accumulated experience that includes a committed community and governmental support.
While it is extremely helpful to have a suitable grant program to assist with the launch of biomass heating in rural and remote communities, it may be even more important to have the federal carbon tax program in place that will drive future energy and financing decisions. While this is a controversial subject, it is still a significant indicator regarding the potential for renewable energy project financing. When a European-based pension fund decides to move its investments from fossil fuel projects, it is a sign of a growing trend.
We must continue to work hard with a professional team and be well prepared to tell our story about the future of sustainable biomass energy in Canada to ensure that we improve our biomass financing success rates.
Bioenergy project financing checklist
?Dream
?Team
?Credit strength
?Feedstock
?Market
?Equipment
?Timelines
?Coach/mentor/advisors
?Government support
?Businesss plan
Reg Renner of Atticus Financial in Vancouver finances equipment ranging from biomass boilers to densification equipment. He has been financing biomass projects for 15 years. Contact him at rrenner@atticusfinancial.com
Capt - Sadly I think you broke the code. OT
OTOH not much we can do.
Just about the only "refuge" is that
hqtrs owns a lot of share and would behoove
them to get stock back alive if there
was something positive to happen.
Ya think.
It makes me think that management doesn't really care about anyone but themselves. If they did care about the shareholders, they would make an effort to at least, signal us that they haven't forgotten our contribution to the company. A lot of people believed in this company and placed their money and hopes for success. If management is monitoring this board, they should indicate whether we are part of their plans going forward or not.
I am still here. But this might be the year..
I have to take my massive stock loss writeoff.
Which is probably good news for rest of your
guys. Why? It means things will probably get
better shortly thereafter.
Ya think?
I signed up for the FASC news letter two, maybe 3 years ago. Still waiting for the first news letter. This may be indicative of the level of interest FASC management has in their product, or promoting their product.
Yup. Staying listed was ALL that stock ZOOM did. And
they went from .00001 to $2 in couple of weeks.
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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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