Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
He wasn't 23 years ago...
~<<Yawn>>~Yea that's some deep DD...
Gm bala...Irie positive vibrations today!
That's exactly why I have never believed in the "buy/sell ratio." To assume one or another just because it went off on the b/a is wrong, and also there's always two sides to a trade.
Is there any reason willy would resign?
I mean if kite said this to you, he wants to get williams to resign soon from the bod and then go after him , don't you think willy would know this?
I'm not saying you didn't hear it, just trying to figure it out because it sounds like a stall tactic.
Transaction Code - P
Frank R Neukomm – CEO – Form 4
Statement of changes in beneficial ownership of securities
Filing Date - 2009-08-21
Title of Security - Common Stock
Transaction Date - 08-19-2009
Transaction Code - P - Open market or private purchase of securities
Amount - 114,285,714
Acquired - .0002
http://www.sec.gov/Archives/edgar/data/1085069/000114036109019516/xslF345X03/doc1.xml
Robert C Farr – COO - Form 4
Statement of changes in beneficial ownership of securities
Filing Date - 2009-08-21
Title of Security - Common Stock
Transaction Date - 07-01-2009
Transaction Code - P - Open market or private purchase of securities
Amount - 41,071,428
Acquired - .0004
http://sec.gov/Archives/edgar/data/1085069/000114036109019518/xslF345X03/doc1.xml
ARSC Cures Defaults; Receives Additional Funding
Houston, TX (BusinessWire) August 14, 2008 – Bob Farr, President of American Security Resources Corporation (OTCBB: ARSC), announced today, “As a result of actions taken by our Board of Directors and ratified by our shareholders at our recent annual meeting, Golden Gate Investors has acknowledged that the incidents of technical default have been cured and they have resumed funding under the existing funding agreements.”
http://www.americansecurityresources.com/news/20080814.cfm
Nice call - Look at this stuff
22-Filed & Entered: 08/17/2009
Terminated: 08/18/2009
Motion to Withdraw as Attorney
23-Filed & Entered: 08/18/2009
Order on Motion to Withdraw as Attorney
24-Filed & Entered: 08/19/2009
Set Hearings
25-Filed & Entered: 08/24/2009
Stipulation of Dismissal
--------------------------------------------------------------
James M. LaGanke
Attorney At Law
13236 North 7th Street, Suite 4-257
Phoenix, Arizona 85022
July 31, 2009
VIA FACSIMILE (602) 586-5240
email: jtorre@stinson.com
James Torre, Esq.
Stinson, Morrison, Hecker, LLP
1850 North Central Avenue
Suite 2100
Phoenix, AZ 85004-4584
Re: MedCom USA Incorporated and Card Activation Technologies, Inc.
Dear Jim:
As you are aware, a few weeks ago I received Judge Murguia’s Order setting a Rule 16 Conference for August 26, 2009 at 4:00 p.m. At that time, I called Mike Manning and suggested that your firm substitute in as counsel for the Plaintiffs in the above-referenced action, and Mike agreed. Last week you sent me an E-mail and called several times. When we spoke, you directed me to dismiss the action. As I told you, I am not comfortable doing that without a Resolution by the Board of Directors signed and notarized authorizing me to dismiss the action. It is my understanding the board today consists of Mr. Kite and Mr. Williams and Mr. Williams is the target defendant in the litigation. It is
also my understanding that the primary asset of MedCom and Card Activation is the litigation against Mr. Williams which means more than seven (700) hundred shareholders could be impacted by the dismissal of the case.
Because of what appears to be a pending SEC investigation, I am not comfortable dismissing the case without the Board Resolution. I am also not comfortable with the recent threats you have made against the former Chief Financial Officer that if she did not agree to delete and destroy what could be material evidence from her computer she would be sued.
Please be advised that if I do not receive a Board Resolution by next
Monday, I will file a Motion to Withdraw.
Sincerely
JAMES M. LaGANKE P.L.L.C.
/s/ James LaGanke
--------------------------------------------------------------
Document 22 Filed 08/17/09
JAMES M. LAGANKE, ESQ. (SB # 006913)
JAMES M. LaGANKE, P.L.L.C.
13236 North 7th Street, Suite 4-257
Phoenix, Arizona 85022
Telephone: (602) 279-6399
Facsimile: (602) 993-5323
Email: jameslaganke@aol.com
ATTORNEY FOR PLAINTIFFS
UNITED STATES DISTRICT COURT
DISTRICT OF ARIZONA
Case No. 2:09-cv-00298
MOTION TO WITHDRAW
Plaintiffs’ counsel hereby files his Motion to Withdraw.
DISCUSSION
Since this case was filed in February of this year, the management structure of MedCom USA, Incorporated (“MedCom”) and Card Activation Technologies, Inc. (“Card Activation”) has changed. Plaintiff’s counsel believes that the current Chief Executive Officer is Robert Kite as to both companies and the current Board of Directors consists of Mr. Kite and William P. Williams. As the Court is aware, Mr. Williams is the target Defendant in this case and was sued for securities fraud and racketeering. Both MedCom and Card Activation are public companies with well over seven hundred (700)
shareholders.
Several weeks ago, James Torre with Stinson, Morrison, and Hecker, who now represents MedCom and Card Activation, instructed Plaintiffs’ counsel to dismiss this action. Plaintiffs’ counsel responded in writing and a copy of that letter dated July 31, 2009 is attached hereto as Exhibit “A”. Plaintiffs’ counsel requested a Board Resolution authorizing him to dismiss this action which may represent the most significant asset of MedCom and Card Activation. Although a Board Resolution was promised, it has not yet been delivered.
Plaintiffs’ counsel does not believe he can comply with this Court’s Order setting a Rule 16 Case Management Conference because the clients are now represented by Stinson, Morrison, and Hecker. As a result, Plaintiffs’ counsel requests that this Court grant the Motion to Withdraw.
DATED THIS 17th day of August, 2009
JAMES M. LaGANKE, P.L.L.C.
/s/ James LaGanke
James Torre, Esq.
Stinson, Morrison, Hecker, LLP
1850 North Central Avenue
Suite 2100
Phoenix, AZ 85004-4584
email: jtorre@stinson.com
Greg Davis
Davis Limited
11111 North Scottsdale Rd.
Suite 225
Scottsdale, AZ 85254
gdavis@davislimited.com
/s/ James M. LaGanke
--------------------------------------------------------------
Document 22-2 Filed 08/17/09
JAMES M. LAGANKE, ESQ. (SB # 006913)
JAMES M. LaGANKE, P.L.L.C.
13236 North 7th Street, Suite 4-257
Phoenix, Arizona 85022
Telephone: (602) 279-6399
Facsimile: (602) 993-5323
Email: jameslaganke@aol.com
ATTORNEY FOR PLAINTIFFS
UNITED STATES DISTRICT COURT
DISTRICT OF ARIZONA
Case No. 2:09-cv-00298
ORDER GRANTING MOTION TO
WITHDRAW
Upon the Motion to Withdraw filed by Plaintiffs’ counsel, and no
objections being filed, and good cause appearing therefore,
IT IS HEREBY ORDERED granting the Motion to Withdraw.
DATED THIS ____ day of August, 2009
By: _______________________________
The Honorable Mary H. Murguia
Judge of the United States District Court for
The District of Arizona
-------------------------------------------------------------
I'm still in
Things seem to be progressing during the past year. What you see from a few posters is frustration because it's taking so long. The thing is that they chose to take the long road to get the patent, and in doing so, saved money on the fees.
International Patent Application
The main advantages of the PCT procedure also referred to as the international procedure, are the possibility to delay as much as possible the national or regional procedures, and the respective fees and translation costs, and the unified filing procedure.
I think with Highland Park coming on board and the patent award coming soon this could take off.
International Patent Application
The main advantages of the PCT procedure also referred to as the international procedure, are the possibility to delay as much as possible the national or regional procedures, and the respective fees and translation costs, and the unified filing procedure.
An international patent application (also called PCT application, as mentioned above) has two phases: The first phase is the international phase in which patent protection is pending under a single patent application filed with the patent office of a contracting state of the PCT. The second phase is the national and regional phase which follows the international phase in which rights are continued by filing necessary documents with the patent offices of separate contracting states of the PCT. A PCT application, as such, is not an actual request that a patent be granted, and it is not converted into one unless and until it enters the "national phase".
http://en.wikipedia.org/wiki/Patent_Cooperation_Treaty
Publication Date: 09.04.2009
International Filing Date: 04.05.2008
International Application No.: PCT/US2008/062590
Pub. No.: WO/2009/045567
Applicants: OHIO UNIVERSITY [US/US]; 20 East Circle Drive, Athens, OH 45701.
BOTTE, Gerardine, G. [VE/US]; (US) (US Only).
Inventor: BOTTE, Gerardine, G.; (US).
Agent: LUNN, Gregory, J.; Wood, Herron & Evans, L.L.P., 441
Vine Street, 2700 Carew Tower, Cincinnati, OH 45202 (US).
Priority Data: 60/916,222 04.05.2007 US 60/974,766 24.09.2007 US
Title: ELECTROCHEMICAL CELLS AND METHODS FOR GENERATING FUEL
A continuous coal electrolytic cell for the production of pure hydrogen without the need of separated purification units Electrodes comprising electrocatalysts comprising noble metals electrodeposited on carbon substrates are also provided.
Also provided are methods of using the electrocatalysts provided herein for the electrolysis of coal in acidic medium, as well as electrolytic cells for the production of hydrogen from coal slurries in acidic media employing the electrodes described herein. Further provided are catalytic additives for the electro-oxidation of coal.
Additionally provided is an electrochemical treatment process where iron-contaminated effluents are purified in the presence of coal slurries using the developed catalyst.
http://www.wipo.int/pctdb/en/fetch.jsp?LANG=ENG&DBSELECT=PCT&SERVER_TYPE=19-10&SORT=11283357-KEY&TYPE_FIELD=256&IDB=0&IDOC=1638735&C=10&ELEMENT_SET=FILENAME&RESULT=1&TOTAL=5&START=1&DISP=25&FORM=SEP-0/HITNUM,B-ENG,DP,MC,AN,PA,ABSUM-ENG&SEARCH_IA=US2008062590&QUERY=%28IN%2fbotte+AND+IN%2fgerardine%29+
http://appft1.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-bool.html&r=1&f=G&l=50&co1=AND&d=PG01&s1=20090145750.PGNR.&OS=DN/20090145750&RS=DN/20090145750
United States Patent Application- 20090145750
Kind Code - A1
Botte; Gerardine
June 11, 2009
Inventors: Botte; Gerardine; (Athens, OH)
Correspondence Name and Address: CALFEE HALTER & GRISWOLD, LLP
800 SUPERIOR AVENUE, SUITE 1400
CLEVELAND OH 44114 US
Serial No.: 913753
Series Code: 11
Filed: May 8, 2006
PCT Filed: May 8, 2006
PCT NO: PCT/US06/17641
371 Date: August 14, 2008
U.S. Current Class: 204/242; 204/292
U.S. Class at Publication: 204/242; 204/292
Intern'l Class: C25B 9/18 20060101 C25B009/18
National Phase is next
ARSC History
11-1-2006
10-K
The Company, previously known as Computer Automation Systems, Inc., was reorganized and recapitalized in 2004 changing its name, first to Kahuna Network Security, Inc. and in July, 2004, to American Security Resources Corporation with a business focus of acquiring companies in homeland security and national defense.
With the acquisition of eGO Design Inc. in October, 2005, the Company changed its focus to the development and commercialization of technologically advanced, high volume mass producible, hydrogen fuel cells.
ASRC hired the three design engineers on October 28, 2005 through a purchase agreement described as the acquisition of eGO Design, Inc. which was the development-stage entity that the design engineers owed at the time. Up to that point, the engineers had spent time planning the development of a proto-type hydrogen fuel cell technology. ASRC hired these individuals to continue developing this technology.
Prior to completing the transaction on October 28, 2005, the Company completed extensive due diligence on the fuel cell market and PEM based hydrogen fuel cells in particular and determined that the engineers had developed unique technology ideas worthy of development.
As of December 31, 2005 Hydra had designed, assembled and tested a successful prototype of the Company’s proprietary fuel cell concept.
In 2006, we intend to continue development of prototypes and conduct internal testing. We expect to submit the HydraStax™ unit to CSA International for certification in September of 2006.
4-4-2007
10-K
Through 2006, our subsidiary, Hydra Fuel Cell, Inc. (“Hydra”) continued the development and testing of its HydraStax® hydrogen electric generators.
Seven patent applications were filed covering some of the innovations incorporated in the HydraStax® and we intend to file additional patent applications in 2007. The HydraStax™ unit is to be tested by CSA International for certification.
Also in 2006, the Company entered into negotiations to acquire the Maria Group, which holds a license giving them the exclusive right to commercialize a patented wind turbine technology that spins on a vertical axis, horizontal to the ground. We expect to close the transaction in the second quarter of 2007.
4-15-2008
10-K
The Registrant’s common stock outstanding as of December 31, 2007 was 180,784,809 shares.
Hydra Fuel Cell Corporation completed the initial development stage of the HydraStax® unit and testing for certification is currently underway.
Hydra installed a HydraStax® fuel cell in a residence in Texas in October 2007 and in Florida in December 2007, as “Beta Test demonstration units”.
We formed two new subsidiaries in 2007 to pursue the development of clean energy sources.
▪ American Wind Power Corporation is in the process of acquiring two companies with vertical axis wind turbine technologies. The Company has engaged NW Financial of Jersey City, NJ to arrange the financing for these acquisitions.
▪ American Hydrogen Corporation to develop and commercialize a technology to formulate hydrogen that we hope will change the economics of producing hydrogen sufficiently to enable the hydrogen economy.
In August 0f 2007, American Hydrogen Corporation was granted a worldwide exclusive license for patent pending ammonia-to-hydrogen catalytic electrolyzer technology (ACE) by Ohio University that will be the basis of operations for AHC.
AHC has entered into a Sponsored Research Agreement with Ohio University to develop large commercial electrolyzer technology and to develop an ammonia-to-hydrogen fueling system for vehicles.
1-7-2008
Hydra Fuel Cell Receives $1.1 Million Fuel Cell Purchase Order
Hydra Fuel Cell Corporation, a wholly owned subsidiary of American Security Resources Corporation, announced today that it has received a $1,100,000 Purchase Order for fuel cell systems from Miami-based, international building products distributor Conexa.
1-14-2008
ARSC Acquires Building for American Hydrogen Corp. Development of Ammonia-to-Hydrogen Technology
American Security Resources Corp., announced today that it has entered into a lease-purchase agreement on a new industrial facility for the primary use of its subsidiary, American Hydrogen Corp.
1-16-2008
Building Products Dealer Purchase Order Increases HydraStax® Systems Backlog to $2.5 Million
Hydra Fuel Cell Corporation, a wholly owned subsidiary of American Security Resources Corporation, announced today that it has received a purchase order for HydraStax® 5000 fuel cell systems from Wolf & Bear Distributors, a Fort Lauderdale, Florida dealer for Hydra’s distributor, Conexa.
Frank R. Neukomm- Chief Executive Officer
8/13/2008 --2,000,000 --Acquisition at $0.0168
Robert C. Farr - Chief Operating Officer
8/13/2008-- 2,050,000-- Acquisition at $0.001
8-14-2008
ARSC Cures Defaults; Receives Additional Funding
Bob Farr, President of American Security Resources Corporation, announced today, “As a result of actions taken by our Board of Directors and ratified by our shareholders at our recent annual meeting, Golden Gate Investors has acknowledged that the incidents of technical default have been cured and they have resumed funding under the existing funding agreements.”
8-19-2008
10-Q
On August 14, 2008, the United States District Court for the Northern District of Oregon granted a motion by the plaintiff to dismiss its complaint with prejudice against American Security Resources, Inc. and Hydra Fuel Cell Corporation (Defendants). Hydra Fuel Cell Corporation was awarded its costs in the amount of $11,517.49.
On August 12, 2008, the Company paid Ohio University approximately $208,000 to bring current its liabilities on the the license fees and the sponsored research payments.
10-1-2008
Hydra Gains First Patent
Hydra Fuel Cell Corporation, a wholly owned subsidiary of American Security Resources Corporation, announced today that it has been notified by the U.S. Patent Office that the first of the seven patent applications it filed in summer of 2006 is ready to be issued.
12-17-2008
ARSC Forms American Security Capital Corporation as Finance Arm for Hydra Fuel Cell and American Hydrogen Product Sales
American Security Resources Corporation announced today that it has formed a subsidiary, American Security Capital Corporation, to provide financing options to buyers of products manufactured by its subsidiaries Hydra Fuel Cell Corporation and American Hydrogen Corporation.
6-16-2009
ARSC Inks Deal to Build Integrated Fuel Cell Factory
American Security Resources Corporation announced today that it has signed an agreement with Highland Project Capital Group LLC to arrange financing for one or more integrated fuel cell manufacturing facilities.
Frank R. Neukomm- Chief Executive Officer
8/20/2008 --1,700,680-- Acquisition at $0.0147
10/21/2008-- 990,000-- Private Buy at $0.006
10/24/2008 --420,000—Buy at $0.007
11/12/2008 --3,116,883-- Private Buy at $0.0039
12/4/2008 --6,593,407-- Private Buy at $0.0018
2/24/2009-- 20,000,000-- Private Buy at $0.0006
4/20/2009--16,428,571-- Acquisition at .0005
8/19/2009—114,285,714-- Acquisition at .0002
Robert C. Farr - Chief Operating Officer
11/12/2008-- 3,116,883-- Private Buy at $0.0039
12/4/2008-- 6,593,407-- Private Buy at $0.0018
2/24/2009-- 20,000,000-- Private Buy at $0.0006
7/1/2009-- 41,071,428-- Private Buy at $0.0004
S.C. Energy Office releases stimulus funding
http://www.stimulus.sc.gov/projects/SCEnergyOffice.htm
Insider transaction history
This is up till the end of Feb.
NEUKOMM, FRANK R., - Chief Executive Officer
9/27/2006-- 20,000,000-- Acquisition (Non Open Market) at $0.00 per share. $0
1/16/2007 --1,090,909-- Acquisition (Non Open Market) at $0.022 per share. $24,000
1/30/2007 --100,000-- Acquisition (Non Open Market) at $0.00 per share. $0
6/22/2007 --250,000-- Acquisition (Non Open Market) at $0.04 per share. $10,000
1/25/2008 --100,000-- Acquisition (Non Open Market) N/A
3/7/2008-- 8,054,253-- Acquisition (Non Open Market) N/A
5/20/2008 --2,000,000 --Private Buy N/A
8/13/2008 --2,000,000 --Acquisition (Non Open Market) at $0.0168 per share. $33,600
8/20/2008 --1,700,680-- Acquisition (Non Open Market) at $0.0147 per share. $25,000
10/21/2008-- 990,000-- Private Buy at $0.006 per share. $5,940
10/24/2008 --420,000-- Buy at $0.007 per share. $2,940
11/12/2008 --3,116,883-- Private Buy at $0.0039 per share. $12,156
12/4/2008 --6,593,407-- Private Buy at $0.0018 per share. $11,868
2/24/2009-- 20,000,000-- Private Buy at $0.0006 per share. $12,000
FARR, ROBERT C., - Chief Operating Officer
1/16/2007-- 1,090,909-- Acquisition (Non Open Market) at $0.022 per share. $24,000
1/30/2007 --100,000-- Acquisition (Non Open Market) at $0.00 per share. $0
4/5/2007 --2,000,000-- Acquisition (Non Open Market) at $0.001 per share. $2,000
1/25/2008-- 100,000-- Acquisition (Non Open Market) N/A
3/7/2008-- 6,035,615-- Acquisition (Non Open Market) N/A
8/13/2008-- 2,050,000-- Acquisition (Non Open Market) at $0.001 per share. $2,050
11/12/2008-- 3,116,883-- Private Buy at $0.0039 per share. $12,156
12/4/2008-- 6,593,407-- Private Buy at $0.0018 per share. $11,868
2/24/2009-- 20,000,000-- Private Buy at $0.0006 per share. $12,000
Only 1 MM on L2
Source has to be really kicking themselves for getting into this.
By the end of the year, there will be either a spin-off or a rs
Almost half a billion shares bought already before noon!
Total Authorized Capital: $ 3,992,000.00
It ended on June 11
This is how you prove a point and not be a knucklehead at the same time.
i watched the 9 million shares blocks go off since January and they didn't end until roughly June
Most of those nine million blocks were from Cornell.
On December 30th 2005, the company then executed a Securities Purchase Agreement (the “Agreement”) for the sale of (i) $1,150,000 in secured convertible debentures (the “Debentures”) and (ii) stock purchase warrants (the “Warrants”) to buy 120,000,000 shares of our common stock.
On February 6th 2006 the company issued an additional $700,000 of the 1,150,000 debenture and on June 8th 2006 issued the final $150,000 of the $1,150,000 debenture.
The Debentures bear interest at 12%, mature three years from the date of issuance, and are convertible into our common stock, at the Investor's option, at a conversion price, equal to the lower of (i) $0.0132 or (ii) 85% of the lowest weighted average price during the 30 trading days immediately preceding the conversion date.
June 11, 2009
16:02:03 6506616 0.003
16:02:03 9000000 0.003
16:02:03 9000000 0.003
16:02:03 9000000 0.003
16:02:03 9000000 0.003
16:02:03 9000000 0.003
16:02:03 9000000 0.003
16:02:03 9000000 0.003
16:02:03 9000000 0.003
International Patent Application published
National Phase is next
Publication Date: 09.04.2009
International Filing Date: 04.05.2008
International Application No.: PCT/US2008/062590
Pub. No.: WO/2009/045567
Applicants: OHIO UNIVERSITY [US/US]; 20 East Circle Drive, Athens, OH 45701.
BOTTE, Gerardine, G. [VE/US]; (US) (US Only).
Inventor: BOTTE, Gerardine, G.; (US).
Agent: LUNN, Gregory, J.; Wood, Herron & Evans, L.L.P., 441
Vine Street, 2700 Carew Tower, Cincinnati, OH 45202 (US).
Priority Data: 60/916,222 04.05.2007 US 60/974,766 24.09.2007 US
Title: ELECTROCHEMICAL CELLS AND METHODS FOR GENERATING FUEL
A continuous coal electrolytic cell for the production of pure hydrogen without the need of separated purification units Electrodes comprising electrocatalysts comprising noble metals electrodeposited on carbon substrates are also provided.
Also provided are methods of using the electrocatalysts provided herein for the electrolysis of coal in acidic medium, as well as electrolytic cells for the production of hydrogen from coal slurries in acidic media employing the electrodes described herein. Further provided are catalytic additives for the electro-oxidation of coal.
Additionally provided is an electrochemical treatment process where iron-contaminated effluents are purified in the presence of coal slurries using the developed catalyst.
http://www.wipo.int/pctdb/en/fetch.jsp?LANG=ENG&DBSELECT=PCT&SERVER_TYPE=19-10&SORT=11283357-KEY&TYPE_FIELD=256&IDB=0&IDOC=1638735&C=10&ELEMENT_SET=FILENAME&RESULT=1&TOTAL=5&START=1&DISP=25&FORM=SEP-0/HITNUM,B-ENG,DP,MC,AN,PA,ABSUM-ENG&SEARCH_IA=US2008062590&QUERY=%28IN%2fbotte+AND+IN%2fgerardine%29+
http://appft1.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-bool.html&r=1&f=G&l=50&co1=AND&d=PG01&s1=20090145750.PGNR.&OS=DN/20090145750&RS=DN/20090145750
United States Patent Application- 20090145750
Kind Code - A1
Botte; Gerardine
June 11, 2009
Inventors: Botte; Gerardine; (Athens, OH)
Correspondence Name and Address: CALFEE HALTER & GRISWOLD, LLP
800 SUPERIOR AVENUE, SUITE 1400
CLEVELAND OH 44114 US
Serial No.: 913753
Series Code: 11
Filed: May 8, 2006
PCT Filed: May 8, 2006
PCT NO: PCT/US06/17641
371 Date: August 14, 2008
U.S. Current Class: 204/242; 204/292
U.S. Class at Publication: 204/242; 204/292
Intern'l Class: C25B 9/18 20060101 C25B009/18
I smell news coming soon
April 7, 2009
ARSC Board Authorizes Spinoff of Hydra Fuel Cell to Shareholders
Houston, Texas - The Board of Directors of American Security Resources Corp. has voted to spinoff its wholly owned subsidiary, Hydra Fuel Cell Corporation (www.hydrafuelcell.com ), in a special dividend to the shareholders.
The plan approved by the Board calls for a significant investment directly into Hydra before the spinoff. The spinoff will be submitted to the shareholders in a proxy which will describe the transaction and contain the ratio of Hydra shares to ARSC shares for the dividend. The company expects to have the details of the spin-off completed within 60 days. After the spinoff Hydra’s stock will trade independently.
Frank Neukomm, Chairman and CEO of ARSC, explained, “A spinoff is the quickest and most effective way we could find to get the remaining investment that Hydra needs to complete certification and begin commercial production."
http://www.americansecurityresources.com/news/20090407.cfm
June 16, 2009
Houston, Texas - American Security Resources Corporation (Pinksheets: ARSC) announced today that it has signed an agreement with Highland Project Capital Group LLC to arrange financing for one or more integrated fuel cell manufacturing facilities.
Bob Farr, President and COO of ARSC, stated “Hydra has been successful in generating a $21,000,000 purchase order backlog which will take more than two years of production from Hydra’s current plant. The plant we are planning with Highland’s help should be able to produce hundreds of fuel cells per month.” Farr continued, “Highland is expected to arrange financing from a variety of sources that may include Industrial Revenue Bonds, equity and grants.”
http://www.americansecurityresources.com/news/20090616.cfm
It's going to be a very good week and beyond.
TFN, THE FOOTBALL NETWORK, INC.
JANTONIO TURNER
7389 Florida Blvd
Suite 100A
Baton Rouge, LA US
70806
Registrar: NameSecure.com
Domain: FOOTBALLNETWORK.COM
Created on 06-27-1998
Expires on 06-26-2013
Robert C Farr – COO - Form 4
Statement of changes in beneficial ownership of securities
Filing Date - 2009-08-21
Officer – COO
Director
Common Stock - 07/01/2009 - P - 41,071,428 - A - $0.0004
http://sec.gov/Archives/edgar/data/1085069/000114036109019518/xslF345X03/doc1.xml
Now let's see what happened after that.
Four months later...
Brian L. Sorrentino
From June, 1986 until July, 1992, Mr. Sorrentino was an office manager and a securities account executive for J.W. Grant Company, a securities brokerage firm with headquarters in Colorado. From August, 1992 until October, 1993, Mr. Sorrentino worked as an account executive with Tamarron Securities, a securities brokerage firm in its Washington D.C. office. During his career at various securities firms, he engaged in securities brokerage, trading, investment banking, and other related financial services for customers nationwide.
I think you are right. He is a lier.
Is the guy psycho or is he a lier?
lier / larer [lahy-er]
–noun
a person or thing that lies, as in wait or in ambush.
The kids can come up with some very interesting ideas.
How about the barrier system, it collects the wind from passing cars.
I’m more into gasification and OTEC, I just thought the sig was cool…lol
I'm not sure on the speed comparison between the two regarding funding, but the wind power road block is not the DOE, but rather the local govs.and residents because there is a huge NIMBY sentiment with wind farms. I do know that the Maryland Public Service Commission has a fast-track approval process which has been tested in the legislature for reform, it has stood the test of time though.
State approves Dan’s Mountain WindForce project
CUMBERLAND March 11, 2009 — The Maryland Public Service Commission approved earlier today to grant Dan’s Mountain WindForce a fast track through the regulatory review process.
http://www.times-news.com/local/local_story_070143232.html
There is a concerted effort by some people to stop all wind projects. There are many sites devoted to this, they might say that they are just getting the facts out, but every story is negative (wind bashers).
I think there are more outcries about this than over clear-cutting old growth forests in the Northwest. Some things I’ll never understand.
About the company you mentioned, it seems it’s not such an easy road after all. Notice one of those “action groups” is mentioned.
Parties seek wind farm rehearing
August 19, 2009 - Granite Reliable Power already has state approval to move forward with its plan to put 33 wind turbines on peaks in Coos County. But can the company afford its project?
That question is at the heart of several motions for rehearing, including one from the company itself, filed Friday with a subcommittee of the state Site Evaluation Committee.
Lisa Linowes, on behalf of the Industrial Wind Action Group, which opposes the project, filed a motion for rehearing that details several complaints, including concerns that the subcommittee did not examine the impact on property values or whether Granite Reliable would be able to find a buyer for its electricity.
Linowes also wrote that the committee did not do a full analysis on what it would cost to decommission the turbines, if needed, and whether Granite Reliable would have the money to cover that.
Granite Reliable has not yet responded to those motions. It did, however, file its own motion Friday that relates to the project financing. Its attorney, Doug Patch, argued that two of the stipulations laid out by the subcommittee could hinder the company's ability to secure funding.
http://www.concordmonitor.com/apps/pbcs.dll/article?AID=/20090819/FRONTPAGE/908190321
Wind Energy Turbines: Dead Ends, Debates and Complaints
06 August 2009 - The Michigan Wind Energy and Resource Board (WERZ) estimates that 435-778 turbines can be erected in Leelanau County which will supply between 2-3.5 million megawatt hours per year. Since 2005, many companies wanted to utilize the areas advantage for wind energy but have been chased away after a majority of residents opposed the idea.
This was the case for Noble Environmental Wind Power which released its report in 2005. Residents perceived that wind turbines were too industrial and their biggest concerns were size, appearance, noise, and the risk of migratory birds dying. Another large factor people worried about was the idea that wind turbines would significantly reduce their property value.
http://www.michiganpolicy.com/index.php?option=com_content&view=article&id=544:wind-energy-turbines-dead-ends-debates-and-complaints-&catid=40:energy-and-environment-current-issues&Itemid=143
To give you an idea how tough it is for biodiesel, here’s a list of some of the required permits needed in Maryland.
DEPARTMENT OF THE ENVIRONMENT
MDE Biodiesel Production Facility Permitting Summary
AIR AND RADIATION MANAGEMENT ADMINISTRATION (ARMA) PERMITS
AIR QUALITY GENERAL PERMIT TO CONSTRUCT
AIR QUALITY PERMIT TO CONSTRUCT
AIR QUALITY STATE PERMIT TO OPERATE
New Source Review (NSR)
Prevention of Significant Deterioration (PSD)
Part 70 Operating Permit
WASTE MANAGEMENT ADMINISTRATION (WAS) PERMITS
OIL OPERATIONS
OIL CONTROL PROGRAM GENERAL WASTEWATER DISCHARGE PERMITS
OIL TRANSFER LICENSE
NOTIFICATION FOR UNDERGROUND STORAGE TANKS
VOLUNTARY CLEANUP PROGRAM
WATER MANAGEMENT ADMINISTRATION (WMA) PERMITS
DISCHARGE PERMITS
INDIVIDUAL VERSUS GENERAL DISCHARGE PERMITS
SURFACE WATER DISCHARGE PERMITS INDIVIDUAL AND GENERAL (INDUSTRIAL)
TIDAL WETLAND LICENSES AND PERMITS
NONTIDAL WETLANDS (NONTIDAL WETLANDS AND WATERWAYS PERMITS)
GENERAL PERMIT FOR CONSTRUCTION ACTIVITY
Check out these cool student ideas. I call the one on the left the "road blender"
Tufan if you could help me understand something.
My earlier post about not getting "classified documents" until Nov was only a quick relay of info that I recieved. It was not meant to say that the plant was not up and running now, or soon.
Getting back to the helping part, what do you mean by "get funding in advance."
NEUKOMM FRANK R.
http://sec.gov/Archives/edgar/data/1085069/000114036109019516/xslF345X03/doc1.xml
General Transaction Codes
• P – Open market or private purchase of securities
Other Sections 16b Exempt Transactions and Small Acquisition Codes
• G – Bona fide gift
From what Hank said, it looks more like November, but that's only for this FOA. This might not be even the right one, or it could be a combination of several that includes this one and others that have an earlier decision timeframe.
The Golden Field Office sent me this email
RE: Information re:Sol# DE-FOA-0000096
Applications that were submitted under this FOA are not releasable documents. Most contain business sensitive or business proprietary information. After selections are made the award documents for those selected are releasable thru the FOIA process.
Nearly 200 applications for this FOA have been sent to the merit review panels. Merit review will take place the 1st and 3d weeks of Sept. Up to the top 10 applications in each of 6 topic areas may be invited to present orals to DOE, the merit review panel and an independent engineer in mid/late October. Selections and announcements are currently scheduled for Nov.
Hank Eggink
Contracting Officer
Golden Field Office
Kudos to you good sir.
My respect to you for hanging in there, and coming back to reply.
GLTY
Where did everybody go?
I guess the pump contract ran out. Maybe it was worth it to them, they were able to sell 150K shares during that time.
Thank you sir! May I have another!
How many times can you recycle this scam?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=39422501
Recovery Act Announcement: Obama Administration Awards More than $119 Million for State Energy Programs in Seven States and Territories
August 14, 2009
U.S. Department of Energy (DOE) Secretary Steven Chu today announced more than $119 million in funding from the American Recovery and Reinvestment Act to support energy efficiency and renewable energy projects in Alabama, American Samoa, the District of Columbia, Illinois, Maryland, North Dakota, and Wyoming. Under DOE's State Energy Program, states and territories have proposed statewide plans that prioritize energy savings, create or retain jobs, increase the use of renewable energy, and reduce carbon pollution.
"This funding will provide an important boost for state economies, help to put Americans back to work, and move us toward energy independence," said Secretary Chu. "It reflects our commitment to support innovative state and local strategies to promote energy efficiency and renewable energy while insisting that taxpayer dollars be spent responsibly."
These states and territories are receiving 40% of their total State Energy Program (SEP) funding authorized under the Recovery Act today. They will now have received 50% of their total Recovery Act SEP funding. The initial 10% of total funding was previously available to states to support planning activities; the remaining 50% of funds will be released once they meet reporting, oversight, and accountability milestones required by the Recovery Act.
Activities eligible for State Energy Program funding include energy audits; building retrofits; education and training efforts; transportation programs to increase the use of alternative fuels and hybrid vehicles; and new financing mechanisms to promote energy efficiency and renewable energy investments.
The Recovery Act appropriated $3.1 billion to the State Energy Program (SEP) to help promote energy efficiency and clean energy deployment, as well as to support local economic recovery. States use these grants at the state and local level to create green jobs and address state energy priorities.
Transparency and accountability are important priorities for SEP and all Recovery Act projects. Throughout the program's implementation, DOE will provide strong oversight at the local, state, and national level, while emphasizing with states the need to quickly award funds to help create new jobs and stimulate local economies.
The following states are receiving awards today.
ALABAMA - $22,228,000 awarded today
AMERICAN SAMOA - $7,420,000 awarded today
DISTRICT OF COLUMBIA - $8,808,800 awarded today
ILLINOIS - $40,528,400 awarded today
MARYLAND - $20,708,880 awarded today
NORTH DAKOTA - $9,834,000 awarded today
WYOMING - $9,976,400 million awarded today
http://apps1.eere.energy.gov/news/progress_alerts.cfm/pa_id=225
Companies vie to develop first U.S. offshore wind farm
8/18/2009 10:57:35 PM GMT
...Other states and companies on the East Coast have come forward with rough plans to develop offshore wind. The Long Island Power Authority has come back with a second plan, this time partnering with Con Edison to install more than 160 turbines 13 miles from shore. Maine could begin testing offshore sites in early 2010. The Southern Company, an electric utility, is applying to put up data collection towers off Georgia and Florida. South Carolina plans to start taking measurements using offshore buoys.
http://www.energycurrent.com/index.php?id=3&storyid=20088
I wonder what he's doing now, besides writing commentary.
Cool. Yea I saw those but I didn't look close enough at the dates. Thanks
I’ve been checking into this Roosevelt cat to see if maybe he's helping SRE SC., it seems he has all the right local connections to do so.
He is no longer the Town Manager of Kingstree as of the end of last year, and I can’t find anything on him after that.
Then there’s this Ronald Henegan, and I’m trying to find a connection between the two.
Roosevelt Henegan, Jr.
Title: Town Manager
Jurisdiction: City of Kingstree
Membership Category: Full Member
Telephone: 843-355-7484
Address: 401 North Longstreet
Kingstree, SC 29556
Email Address: ahenegan247@yahoo.com
Jurisdiction Population: 3,352
County: Williamsburg
Date Hired: 12/07
Educational Degrees and Institutions:
B.A., University of Maryland
M.P.A., Central Michigan University
----------------------------------------------------------------
Central Contractor Registration (CCR)
CCR Detail Search Results
Federal Agency Registration
Current Registration Status:Active in CCR;
Registration valid until 12/09/2009.
DUNS:808570639
Legal Business Name:HENEGAN JR, ROOSEVELT
Physical Street Address 1:109 COOPER ST
Physical City:KINGSTREE
Physical State:SC
Physical Zip/Postal Code:29556-2717
Business Start Date:11/01/2007
CORPORATE INFORMATION
Sole Proprietorship
Business Types/Grants
23 - Minority Owned Business
X - For-Profit Organization
77 - Service Provider
A5 - Veteran Owned Business
OY - Black American Owned
VN - Contracts
North American Industry Classification System (NAICS): 541611 - Administrative Management and General Management Consulting Services
Standard Industrial Classification (SIC): 7389 - BUSINESS SERVICES, NEC
----------------------------------------------------------------
National Association for the Advancement of Colored People
5494 Marlboro County Branch NAACP
In Care of Name – Roosevelt Henegan Jr.
Address PO BOX 408
Bennettsville, SC 29512-0408
IRS Subsection 501(c)(4) - A civic league or social welfare organization.
Type of Organization - Association
Deductibility - Contributions are NOT deductible
Tax I.D. Number - 576034353
Exempt Since - 11-1961
Form 990 Requirement - Not required to file (income less than $25,000)
Activity #1 - Defense of human and civil rights
Activity #2 - Other school related activities
Activity #3 - Propose, support, or oppose legislation
http://www.melissadata.com/Lookups/np.asp?ein=576034353
----------------------------------------------------------------
South Carolina Community Development Association
The SC Community Development Association provides a forum for learning about the community development process. Its members include municipal, county, regional and state community development professionals; employees of private companies with an interest in community development; elected officials and volunteers.
2008 SCCDA Membership Roster
Roosevelt Henegan
SCCDA Active
401 N Longstreet St Kingstree, SC 29556-3335
ahenegan247@yahoo.com
Phone: 843.355.7484
Fax: 843.355.30042/27/2008
----------------------------------------------------------------
The Honorable Kent M. Williams
As we have previously opined, a position on a city council constitutes an office for dual office holding purposes. We have also previously concluded that a city manager would probably be considered to hold an office for dual office holding purposes. Therefore, it is our opinion that simultaneously holding the position of Bennettsville City Council member and Town Manager of Kingstree would probably violate the prohibition against dual office holding. In addition, the Town of Kingstree’s requirement that residency be established within six months is consistent with constitutional and statutory residency requirements. An individual may have but one residence. If indeed the person in question, while serving on Bennettsville City Council, is no longer a resident of Bennettsville– a question of fact which we may not address in this opinion, Op. S.C. Atty. Gen., December 12, 1983, such would present an additional reason why the member may forfeit that office.
http://www.scattorneygeneral.org/opinions/pdf/2008/williams%20k%20m%20os-8523%201-17-08%20doh%20-%20residency.pdf
----------------------------------------------------------------
Samuel sworn in as Bennettsville councilman
Published: April 9, 2008
Bennettsville won’t have to have a municipal election this year. The election was supposed to be conducted in May, but Edward Samuel was the only candidate for a Bennettsville City Council seat to file by the deadline.
Samuel was sworn into office Monday to represent district 6.
Roosevelt Henegan Jr. formerly represented the district 6, but resigned earlier in the year because he was hired as Kingstree’s town manager.
http://www2.scnow.com/scp/news/politics/local_govtpolitics/article/-FMN_2008_04_09_0007/5366/
----------------------------------------------------------------
South Carolina General Assembly
117th Session, 2007-2008
Journal of the House of Representatives
Tuesday, March 11, 2008
(Statewide Session)
South Carolina State
At-large, Seat 7 (expires 2010)
Dianne Talley Ben Spearman Bryan S. Jeffries Rico Montell Snell
Leslie McIver, Sr. Robert M. Nance
At-large, Seat 11 Walter L. Tobin
At-large, Seat 12 Sky Foster Lancelot D. Wright
Ronald Henegan
----------------------------------------------------------------
South Carolina State University
POLITICAL ACTIONS COMMITTEE
The three SCSU trustee seats to be filled, with candidate names are:
Seat 12 – At-Large
Sky Foster, Lancelot D. Wright, Ronald Henegan
Seat 7 – At-Large (Formerly Charles Williams’ seat)
Robert Nance, Dianne Talley, Ben Spearman, Bryan Jeffries, Rico Snell, Leslie
McIver, Sr.
Seat 11 – At-Large (Formerly Col. John Bowden’s seat)
Dr. Walter Tobin
http://www.queencitybulldogs.org/docs/SCSUNAA%20Meeting%20Minutes%20for%20March%2015%20%202008.pdf
----------------------------------------------------------------
South Carolina State University National Alumni Association, Inc.
Mission
The mission of the South Carolina State University National Alumni Association is to be an integral force of the University by supporting and reinforcing its mission and goals.
Vision
South Carolina State University National Alumni Association will be recognized by the University, Federal and State Legislature, alumni, supporters and students as an effective advocate and committed supporter of the University.
Baltimore (Greater) Current Officers President
Ms Joyce Richardsonc
joyce32@comcast.net
P.o. Box 32225
Baltimore, MD 21282
410-9228477
Berkeley County
Vice President
Nicole Brevard-Hines
niccibh@hotmail.com
P.o Box 192
Moncks Corner, SC 29461
843-761-5230
Washington, DC
President
Mary Wade
mawde7@aol.com
13406 Vandiver Ct
Upper Marlboro, MD 20774
301-249-3450
HIGHLAND PROJECT CAPITAL GROUP, LLC
NYS Department of State
Division of Corporations
Entity Information
Selected Entity Name: HIGHLAND PROJECT CAPITAL GROUP, LLC
Initial DOS Filing Date: MAY 14, 2009
County: NEW YORK
Jurisdiction: NEW YORK
Entity Type: DOMESTIC LIMITED LIABILITY COMPANY
Current Entity Status: ACTIVE
Robert W. Simmons
Managing Director
Edward F. Evans
Managing Director
Mr. Marc N. Pindus
Principal
Robert W. Simmons’s Experience
• President
Highland Capital Corp.
(Financial Services industry)
2001 — Present (8 years)
• Managing Director
Highland Project Capital Group
(Investment Banking industry)
2000 — Present (9 years)
Arrange debt and equity financing for companies and local governments
Edward F. Evans
Senior Vice President Public Finance NW Professionals
Edward F. Evans started his career on Wall Street in 1981 at Blyth Eastman, Paine Webber, Inc., as a member of the nation's top ranked industrial development bond group. Later, as a member of the new business group, he worked on projects ranging from housing bonds to cost saving debt restructuring for a university to the nation's first corporate defeasance.
In 1986, Mr. Evans started his own company. Two examples of his transactions from that period are an $11,650,000 non-rated bond issue for the addition of a 99-bed nursing home to a 100-bed osteopathic hospital and a $27,600,000 variable rate bond issue that funded equipment loans for hospitals. The former saved the hospital from closing and the latter enabled the hospitals to fund their planned equipment needs plus increase their EBIDA as they generated greater investment income with the pooled loan program.
In 1989, in response to HUD's call for McKinney Act savings through refundings, Mr. Evans created a structure combining "AAA" rated tax-exempt bonds with non-rated, taxable subordinate notes to refund Section 8-assisted multifamily mortgage revenue bonds. Working off of this structure Mr. Evans closed the nation's first cost saving taxable refunding of a tax-exempt Section 11(b) multifamily revenue bond issue.
In the 1990's, Mr. Evans developed an expertise in the non-rated, tax-exempt bond market. Mr. Evans utilized that market to close transactions for multifamily housing, a university and its medical school, factories, and a shopping mall.
Of note in this century, Mr. Evans has structured and closed a bond issue for the nation's premier water storage bank. The transaction for the water district received an "A" rating on the structure itself, the first time a rating was given on an issue secured solely by water revenue contracts. This was also the first issue publicly offered with the limited security. For reasons other than credit concerns, Mr. Evans obtained financial guarantee insurance for the bond issue with liens only on the district's water contracts, again a first in the industry.
As a generalist Mr. Evans uses a variety of capital markets. In addition to the rated and non-rated tax-exempt and taxable bond markets, his transactions tap the conventional mortgage markets and the more esoteric tax credit equity, the so-called "hard money" debt, and emerging market Eurobond markets.
Before coming to Wall Street, Mr. Evans was a Deputy Attorney General for the State of Delaware.
http://www.zoominfo.com/people/Evans_Edward_1185249431.aspx
Marc Pindus
Senior Vice President Real Estate/Development Finance NW Professionals
Marc Pindus comes to NW Financial with over 15 years of experience as a financial consultant, entrepreneur, and public official. Mr. Pindus serves as Senior Vice President for the firm developing opportunities in real estate, corporate finance, and the education sector. Currently, Mr. Pindus is active in expanding the firm's services into the South and Midwest Regions with projects being developed in Indiana, Louisiana, and Texas, among others.
In the area of corporate finance, Mr. Pindus has been instrumental in assisting such diverse entities as banks, mortgage companies, business service providers, technology companies, and industrial manufacturers on their financial needs and/or acquisition strategies.
Active in public service, Mr. Pindus served on the Board of the Morris County School of Technology for seven years, serving as President for three of those years. During that period of time he developed Morris County 's magnet school system. A 19 million dollar project, Mr. Pindus lobbied for and developed the Morris County School of Math, Science and Engineering, The School of Visual and Performing Arts, and The School of Law and Public Safety. Today, the School of Math, Science, and Engineering produces students with the third highest SAT scores in the state of New Jersey . Mr. Pindus also served as Chairman of the Urban League of Morris County and served on the boards of Head Start, The Wilson School in Mt. Lakes , New Jersey , and the Morris County Human Rights Commission.
Mr. Pindus is a graduate of The University of Virginia where he majored in Economics. He has SEC licenses Series 7 and 63 as well as life and health insurance producer licenses.
http://www.zoominfo.com/Search/ReferencesView.aspx?PersonID=125332482