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I'll take the $7.71 (?) at this point.
Ah. The GrowOp Technology subsidiary.
http://www.theglobeandmail.com/globe-investor/investment-ideas/marijuana-high-hopes-for-a-growing-niche-market/article5455351/
Almost like 'growth op?'
Well I don't know about the weeeeed aspect, but that chart looks like it's about to get high.
Like the stated goals for the technology.
http://www.terratechcorp.com/
ah. thanks. didn't have to do that before.
From here, yes. Not necessarily from my average. But if that spreadsheet still has any resemblance to today's potential, perhaps.
How are you feeling about the spreadsheet these days?
It would be extremely helpful if an option was added to Ignores that permitted users to Ignore private messages only.
I want to ignore the vile content sent in private messages without losing the context of the public message thread.
The moderators do a good job with the public messages.
Thanks
Sam, must be time for you to sell FASC and help the long-suffering longs here.
Best wishes, Waitedg. Use that indefatigable spirit of yours to help you through this.
Congrats to all who had the fortitude to hold. Have you been able to sell at these highs?
Wish I could have remembered to follow that one.
http://finance.yahoo.com/news/prana-receives-recommendation-proceed-alzheimers-120436854.html
More a successor to Thermix than Atlas Mining.
M. St-Malo: You say "Please meet St-Malo himself in this article."
In the article is a photo of the president of CSM, M. Jean-François Côté.
Can we assume that this is you?
If so, we are very pleased to meet you!
St-Malo: Thank you for the article.
Here is a Google translation, with my own corrections (sorry if they are not exactly correct) for those not using Google:
St-Malo: Thank you for the detailed explanation of this relationship. And for describing what you see as the potential for this solution being replicated elsewhere.
You will have to excuse me if I seem bitter. FASC originally had a very good agreement, in the form of AgES, in place for this type of application. They would have shared in the revenues for the entire project, sometimes extending to ongoing royalties generated by the project, not just the sale of the KDS.
It would be nice to finally see this application become successful with the KDS as a key component.
Yeah, it's probably just a coincidence that Thermix/FASC/AgES wanted to burn micronized dust in their dust burners. They probably have nothing to do with what's happening with Lakson.
Seriously?
Net-Man: I agree with this post. What I find annoying is that this is something that was on the front burner quite a while ago with AgES.
Now FASC is basically dealing with the same entity under a new name.
So what has changed? Other than FASC will not be rewarded with this relationship the way it would have been with the AgES relationship.
Perhaps the problems that existed with the KDS (primarily dust control?) have been resolved by the people in Japan.
I wonder how Cal would have handled this.
750,000,000 shares with 1,000,000,000 authorized? Good quarter, though.
R/S coming?
c52: I also left because I figured I could make what money I had left from FASC do better elsewhere.
Still believe it. And still believe in the company I chose.
The comparison of this board to the RB board is misplaced. These are not bashers bashing for the sake of bashing. These are primarily long term investors with legitimate concerns.
Well, even if FASC doesn't do well, there's at least this to look forward to...
http://moneymorning.com/ob/warning-the-economic-collapse-could-begin-on-aug-1st-3/
TR did say something about a poor economic climate. Apparently we ain't seen nothing yet.
TR: Like I said, I want more information about what FASC's partners are doing. How big are their teams and budgets? What are their goals? What guidance can they provide? What problems have they encountered?
I am mostly interested in what Steel Plantech has found out about marketing the KDS and their opinions about its future. I was expecting more from them in the form of closed deals at this point.
What do you see as FASC's greatest potential source of revenue given the agreements that are in place? Is there a specific application where you see the KDS becoming the solution of choice?
OK, TR. Your points are well taken.
I think the issue is, as others here have stated, a lack of guidance.
"It is what it is." Sounds like "What you see is what you get. Don't expect much different. " Is that the company's guidance.
FASC has left much of its success, or lack of success, in the hands of others. So it is up to the company to provide more information about what those entities are doing.
I was happy when the company stopped its early hype tactics. But this extreme is just as bad. It is impossible for anyone to make reasoned investment choices with so little information.
I guess it is what it is.
chambers: Cal and Brian seem to have started a public company to run what is basically a family business. If those outside entities do well with the KDS, then that's great.
But does anyone really have any clue what FASC shareholders could expect to see from those outside entities doing well, IF they do well? How much per machine? Any royalty agreements at this time? What are the terms if there are?
All shareholders are operating in the dark and basing their holdings on hope.
This is the kind of information shareholders should be able to have the family business provide. They shouldn't have to be treated like 5th cousins.
BN learned from the best when it comes to opaque communications with shareholders.
Bonjour M. St-Malo,
What can you tell us about the relationship between Lakson and Thermix? Both companies are located in the same building. FASC and Thermix had formed the joint venture Alternative Green Energy Systems (AgES) in 2001 to promote the KDS/Dust Burner capabilities.
It appears that the time may have come for this alternative form of energy generation.
How are Andy Burns, Blake McGibben, or Bill Barber involved with Lakson?
Thanks for sharing any information you can.
rj2:
Great show on Showtime. I watch it on Netflix. About a high school chemistry teacher who learns he doesn't have long to live due to cancer and decides to start making meth so that his family has enough income when he's gone.
BReaking BAd, Waitedg?
Patrik, The site is current, but I don't know how often it is updated.
The point is that Thermix and Lakson International are at least in the same building if not right next to each other.
To think that there is no connection would be naive.
My guess: some of the guys (Andy Burns, primarily ) have followed the development of the KDS and have not given up on the original vision. See this article for a refresher course:
http://www.thefreelibrary.com/FIRST+AMERICAN+SCIENTIFIC+CORP+and+THERMIX+announce+that+Hydro-Quebec...-a083371747
I'm not sure how this arrangement works for FASC shareholders vs the AgES arrangement. It would seem none of the potential revenue sharing would be in place.
But it's something.
I mostly watch from the sidelines these days. Once upon a time I had as many shares as Waitedg and company. I lost faith that the company would ever be able to make significant sales. Nothing, yet, has changed that opinion.
But I hope long time shareholders have a chance to see their day in the sun.
How about this more-than-coincidental connection?
http://www.thermix.com/thermix-combustion-systems.htm
But is there a connection? Personnel, etc.
St-Malo: Whatever happened to AgES? They were trying to do what you say is being done for the city of Quebec.
Is there a connection?
I sold my shares a while back after holding from the days they were based in the Binghamton, NY, area. The low volume is difficult. I'm surprised you were able to sell that high. I think it shows stronger interest.
Still watching from the sidelines. I think this one can be successful in the future if their customers are successful.
Just out of curiosity, why do you want to get out just when the company might be in a position to go CFP (cash flow positive)? This seems like the time to be taking a position, not leaving.
Did you see today's news?
http://finance.yahoo.com/news/biolife-solutions-completes-corporate-facilities-100000077.html
Sure, this one has a lot of overhead and it has been a long time getting off the ground. But it seems to have a little air beneath its wings now.
There seems to be a lot dependent on BLFS customers. Does anyone have a good handle on how close they are to getting approvals to help with the "exponential" sales BLFS is hoping to see? What percentage (historically) of those customers will actually be able to get approval?
Do you think it can be done by dismantling the technology end of the business?
Ditto to the post from January that this one is a reply to.
You don't think it can go lower?