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Sam, we are talking about FASC.net/eom
Charlie, here's what I said:
In case anyone was wondering why the website is down (and were hoping it was going to be updated), it's not. Payment is past due. I found that out by doing an online chat with Brinkster, their webhost. I contacted Peter at HQ and he said he would tell the person responsible and hopefully have it back up in no time.
What I meant to say was:
In case anyone was wondering why the website is down, and were hoping it was going to be updated, it's not (going to be updated.) Payment is past due. I found that out by....
Sorry about the confusion. :0)
Thanks MiningGuy.
I think it would be good for us shareholders if Dayton & Knight were playing a part in the planning, designing, and maybe even fabricating of what's necessary to make this a success.
With PGs comunity energy plan an apparent go (with beuracratic approval, I believe) I can see them taking a more active role in seeing the job gets done and gets done right. Energy from biosolids will be worth considerably more to them than fertilizer, I'm guessing.
I don't know why but i LOVE the idea of human waste to energy!
Thank you for bringing me on board, TRCPA and chambers52.
If anyone has anything they'd like to say to me (suggestions for the iBox or otherwise) and would rather e-mail me about it than post it here, feel free to email me at sleepin_easy@lycos.com
In case anyone was wondering why the website is down (and were hoping it was going to be updated), it's not. Payment is past due. I found that out by doing an online chat with Brinkster, their webhost. I contacted Peter at HQ and he said he would tell the person responsible and hopefully have it back up in no time.
MiningGuy, what I took from Post 17350 was that FASC would be responsible for coming up wiht the original ideas for changes to the process. I saw you stated FASC was to supply drawings to Dayton & Knight.
So, is Dayton & Knight refining the plan? (eg./ Making changes to the drawings FASC submitted.)
Or is the equipment necessary to increase throughput/reduce dust being manufactured by Dayton & Knight?
MiningGuy, thank you!
When you said Dayton & Knight was refining the KDS, do you know what that entails? Thanks in advance!
LoL Sam, I know, that's why I said it.
Just trying to get a little fun out of this stock while it's sitting under 2 cents. No harm meant.
I sure haven't sam.
Why don't you call the City of Prince George and ask? ;0)
Tech, thanks for the analysis.
Honestly, I didn't read much of the article, as I didn't think that it was really a problem, per se.
What was of interest to me in the article was this line:
"A second-phase is envisioned for the project, but Layte-Liston said, although it's difficult to say, most likely fine particulate emissions would not increase."
It's my hope that the pelletized class A biosolids are burned in conjunction with the MPB killed wood some day. This, I thought, could be the envisioned second-phase of the project.
City's biomass energy project no pollution free
Saturday, 26 January 2008, 12:00 PST
GORDON HOEKSTRA, Citizen staff
http://www.princegeorgecitizen.com/index.php?option=com_content&task=view&id=114794&Itemid=556
This is part of an investigative series of stories by Michener Award winning reporter Gordon Hoekstra on air quality in the Prince George area.
An estimated $8-million community biomass energy project that is meant to reduce greenhouse gas emissions in Prince George, but will add one tonne of fine dust and ash to the air shed, will be subject to both federal and provincial environmental assessments.
The plant -- to be built at the corner of Scotia Street and Fifth Avenue, southeast of Queensway -- is meant to produce heat for downtown Prince George by burning wood waste.
City of Prince George environmental co-ordinator Gina Layte-Liston said since substantial funding is coming from the federal government, the money will not be released until the federal environmental assessment is complete. "Nothing can go in the ground or be built until we get approval from the environmental assessment," said Layte-Liston.
It will take Ottawa at least three weeks to determine what kind of assessment will be undertaken, either a screening or a higher-level review.
Layte-Liston noted the project will also be subject to a provincial process for an air discharge permit.
She stressed there will be public input.
Although the project has been discussed at the conceptual stage since 2001, few details have been available.
However, in a five-page briefing note, prepared to answer questions from The Citizen, the city indicated the plant will be using the best-available air pollution technology, an electrostatic precipitator, which removes fine dust and ash. That will keep the amount of fine particulates pumped each year into the airshed below one tonne.
The plant will also utilize boiler technology that will allow it to burn wood pellets during air quality advisories.
A second-phase is envisioned for the project, but Layte-Liston said, although it's difficult to say, most likely fine particulate emissions would not increase.
B.C. Environment senior official Sean Sharpe confirmed that the project will have to be assessed provincially, which will include modelling to determine impacts on air quality.
"We'll also be figuring a way pretty quick to get the public involved on a broad scale because it's obviously everybody's concern," said Sharpe, who took over recently in Prince George as regional manager of environmental protection.
The city is researching way to create offsets -- reducing fine particulates in other areas -- and if they can achieve that for a net reduction in air pollution, that will be good, added Sharpe.
"I look at this from the big perspective too, it's important to make sure there's a net decrease but our real challenge is still with the big ones. Some of the mills are working at one tonne per day, so, we've got a ways to go," he said.
The environmental reviews were welcomed by the Peoples Action Coalition for Healthy Air, which Thursday had put out a call, in a news release, for an environmental impact assessments of the project.
PACHA president Dave Fuller said, however, he still has concerns, including why there isn't more public discussion, and call for input, on these kind of projects before there is a decision to go ahead. On Monday, federal and provincial politicians announced their $5.6 million contribution to the project. The announcement gave every indication the project was going ahead, and there was no mention of the needed environmental approval.
"Even if there is public input, you wonder whether the project is already a done deal," said Fuller.
He said it will also be important to get input from the residents most likely to be impacted.
The proposed plant is not far from the Millar Addition, which is located between Patricia Boulevard and Fort George Park, and an area already impacted by air pollution, noted Fuller.
Prince George perennially ranks among communities in B.C. with the worst levels of fine particulates. Monitoring undertaken by the province shows the fine particulate levels are worst downtown and at the BCR industrial site.
In its news release, PACHA, which has 900 members, noted that recommendations from the mayor's task force call for no new sources of pollutants until existing sources are lowered. The task force also calls for integrated approval process that ensures air-polluting projects don't go ahead until provincial approval.
PACHA questioned the effectiveness of airshed planning if recommendations are simply going to be bypassed in planning new projects.
side bar
Energy plant
- The woodwaste to fuel the plant's boiler will come from the city's community forest, beetle-killed wood, wood waste and debris from land clearing. About 4,000 tonnes a year of wood waste are needed to fuel the plant.
- About 450 kilograms of volatile organic compounds, another air pollutant, will be produced.
- City staff are researching ways to offset the one-tonne increase in fine particulates. The options include becoming involved in a wood stove exchange program that would help reduce fine particulates, and working with B.C. Transit to find efficiencies. Another idea is to allow land-clearing debris to be brought to the central plant for disposal for free. Open burning would create more fine dust and ash than the heating plant.
- The wood waste will be transported by truck to the plant downtown. It is estimated that one B-train will be needed every three to four days, which is estimated not to bring an increase in transportation emissions above what already exists.
Source: City of Prince George
Thanks Hongcouver! eom
HC, I was wondering if you knew if the Xcel funding had a start and/or finish date?
Would you expect any tecnological improvements to the KDS would become intellectual property jointly owned by FASC and MnVap?
RJ, there is no question in my mind that raising tariffs on imports would help the manufacturing sector more than a weak dollar could.
However, raising tariffs to the point where any true impact is made would likely anger the Chinese, and they are not a force to be taken lightly. I try to do my part by not buying Chinese goods, as well as limiting my purchases from other sources of cheap imports.
I've never thought about the influx of foreigners into your land as a result of the weak dollar policy. Certainly something worthy of consideration, but if you ask me, if the price of fuels come down considerably thanks in part to companies like FASC, and the American people and businesses enjoy the benefits of more discretionary spending, more profits, and cheaper goods, I think that some extra immigrants is a small price to pay for international stability and a strong domestic economy. My thoughts.
Sleepin
RJ, please re-read my post. I did some editing.
OT: RJ, with your being a floor man, it'd be my guess your most expensive material is wood. With housing construction on the wane, it would be my guess most/all of the wood you need can come from the U.S.
A cheap dollar is good for exports. If you ask me, there has been a secret weak dollar policy for some time now to protect U.S. manufacturing jobs.
I'm hoping the alternative energy sector can and will help negate the effect of increasing oil prices that comes with a weak dollar. Since there seems to be no determined effort to raise tariffs on cheap overseas goods (appeasement style ecnomics, in my opinion), this would be the best way of trying to strike an international balnace of money for everyone.
Let's hope everyone does okay. My opinion: the USA needs alternative energy to save itself from the deleterious effects of high energy prices.
RADMAX trademark is now LIVE...
Big ups to gwn6 for bringing to attention the DEAD status of the RadMax trademark. I called JR that afternoon when I'd read gwn6's post on RB, and JR picked up. And here we go:
http://tess2.uspto.gov/bin/showfield?f=doc&state=atas8d.2.2
Charlie, I do not have management's ear...
But if I did, I would suggest they use the layout of FASC Korea's website (http://www.fasc.co.kr ) instead of the North American one. In my opinion it looks better, and besides, some change now and again is good. (The tab "Invester Info" has Investor spelled wrong, I would add.)
I would also suggest they find a better pic of the KDS than one of it blowing out dusty-looking exhaust...with the whole dust thing either being or having been an issue.
Yep, it's 196,893,955, as of today. eom
TR, I see that when I wrote down the O/S while calling Pacific Stock Transfer I wrote 196,893,955.
The number I gave you was a typo. I will call again today to make sure I copied down the correct number.
TR, the iBox is looking better than ever....
but (there's always a but with me isn't there??) the Google cache for the Granite Falls News article is no longer valid...fortunately (at least right now) this link is working.
http://www.granitefallsnews.com/articles/2007/11/04/news/news01.prt
O/S count has increased to 196,983,955 per Pacific Stock Transfer.
TR, regarding the WRAP link in the iBOX, it seems as though the PDF URLs are always changing and it becomes a 404 in no time at all.
Maybe best to just use this link, with links to both the original WRAP announcement in 2005 and the study conclusions? http://www.wrap.org.uk/applications/site_search/search.rm?term=kds&searchreferer_id=11429&submit.x=8&submit.y=8
No offense, but they aren't jockstraps.
Not that selling jockstraps would be a bad business model or anything.
P.S. Not a VMHIF shareholder, never was.
HC, much obliged as always. eom
Tech, I'd say that'd still be considered biomass, not biofuels. The only mention I've seen with respect to biofuels is included in the proposed research by MnVAP recently funded by Xcel Energy.
Kudos to TR for the easy to find quote in the IBOX:
"The project research centers on designing and fabricating changes in machinery originally used for pulverizing ores
and minerals to process and pelletize various feedstocks for renewable energy applications. The resulting pellet products will be used for energy production by co-firing with coal,
in combined heat and power (CHP) applications, for gasification, and / or used in biofuel production."
Did anyone catch the FASC press release? I wouldn't ask if I didn't think this stock had explosive potential.
First American Scientific Corp. Reports the Sale of Two KDS Micronex Systems in December 2007
Cal Kantonen, Chairman of First American Scientific Corp. (OTCBB: FASC) is pleased to report the company has sold and shipped two KDS systems during the month of December 2007. An order for a third machine has also been received and the equipment is currently being fabricated. The first system was delivered to a group in Quebec, Canada for pulverizing construction waste and the second was delivered to a group in Mexico who plan to process agricultural waste and other biomass for use in their current business operations. Both machines will be commissioned on site in January 2008 and are expected to be fully operational by February. The third sale should complete this quarter.
According to Brian Nichols, President of FASC, "We are finally attracting serious attention from the alternative energy sector. The KDS equipment's ability to remove water while pulverizing and cleansing wood and agricultural waste has proven to be a valuable pre-treatment for end users who are developing biofuels from agri-waste. We have now sold 5 systems in the last 6 months, three sales completed and 2 sales in process, so our outlook for the future is definitely positive."
First American Scientific Corp. is the owner of a unique patented disintegration system, the KDS Micronex System, which is capable of cost effectively converting biomass and agri-waste, including animal waste, sewage, and forestry waste into a fine dry combustible powder which can be burnt in specialized dust burners, pelletized into fuel pellets or used in the process of creating biofuels.
Other applications for the KDS include reducing and drying various grades of mineral rock such as clay, zeolite, gypsum and limestone into a fine dry powder suitable for cosmetics and fertilizers. Please see our web site for further details.
Certain information and statements included in this release constitute forward-looking statements within the meaning of the Federal Private Securities Litigation Reform Act.
ON BEHALF OF THE BOARD OF DIRECTORS
C. Kantonen, Chairman
Web Site: www.fasc.net
Contact:
Call Corporate Communications
Toll Free: 1-800-561-8656
Source: Marketwire (January 7, 2008 - 8:00 AM EST)
First American Scientific Corp. is the owner of a unique patented disintegration system, the KDS Micronex System, which is capable of cost effectively converting biomass and agri-waste, including animal waste, sewage, and forestry waste into a fine dry combustible powder which can be burnt in specialized dust burners, pelletized into fuel pellets or used in the process of creating biofuels.
Is the last part something new to us shareholders?
Investoman, if you ask me, this news is a bit of a yawner....and a 112,000 share buy is noteworthy to you? That's just over 2,000 dollars...
RJ, Sam is a loyal shareholder.....
He has to be! LOL (All in good fun, Sam...I'm sorry your average is as high as it is, partner...Hopefully you get your money back and then some from this issue.)
LOL RJ, I'm not sure.....the whole PR thing has caught me off-guard! I think I'll just wait for the 10Q to figure it all out. LOL (But if we get another PR before then I'm not going to complain!)
LOL TR. This stock has probably taken 10 years off of my life and I've only been in it for 2 years. At least I'm confident it's not some penny stock scam.
There are still a lot of unresolved questions which I would like to hear something about...ie./ Korea, Prince George "Phase II" testing, the Japan JV (are they *still* testing the machine?), the Brazil deal that is still in the works more than 1.5 years later after the JV agreement in principle press release, the Malaysia JV (are they still trying to raise the funds for the powerplant sale in the works to China) and so forth.
The thing is (and this is probably a good thing, because fluff PRs just won't cut it anymore) I don't think we are going to hear anything until these things have been resolved to full completion. So, as we wait to hear about these things, it's nice some sales are occurring in the mean time from elsewhere.
Being only 31, I hope this stock does sooner rather than later what I hoped it would do when I bought into it 2 years back....before all of my hairs go white!!
First American Scientific Corp. Reports the Sale of Two KDS Micronex Systems in December 2007
Cal Kantonen, Chairman of First American Scientific Corp. (OTCBB: FASC) is pleased to report the company has sold and shipped two KDS systems during the month of December 2007. An order for a third machine has also been received and the equipment is currently being fabricated. The first system was delivered to a group in Quebec, Canada for pulverizing construction waste and the second was delivered to a group in Mexico who plan to process agricultural waste and other biomass for use in their current business operations. Both machines will be commissioned on site in January 2008 and are expected to be fully operational by February. The third sale should complete this quarter.
According to Brian Nichols, President of FASC, "We are finally attracting serious attention from the alternative energy sector. The KDS equipment's ability to remove water while pulverizing and cleansing wood and agricultural waste has proven to be a valuable pre-treatment for end users who are developing biofuels from agri-waste. We have now sold 5 systems in the last 6 months, three sales completed and 2 sales in process, so our outlook for the future is definitely positive."
First American Scientific Corp. is the owner of a unique patented disintegration system, the KDS Micronex System, which is capable of cost effectively converting biomass and agri-waste, including animal waste, sewage, and forestry waste into a fine dry combustible powder which can be burnt in specialized dust burners, pelletized into fuel pellets or used in the process of creating biofuels.
Other applications for the KDS include reducing and drying various grades of mineral rock such as clay, zeolite, gypsum and limestone into a fine dry powder suitable for cosmetics and fertilizers. Please see our web site for further details.
Certain information and statements included in this release constitute forward-looking statements within the meaning of the Federal Private Securities Litigation Reform Act.
ON BEHALF OF THE BOARD OF DIRECTORS
C. Kantonen, Chairman
Web Site: www.fasc.net
Contact:
Call Corporate Communications
Toll Free: 1-800-561-8656
Hear Hear, Fasctrack. eom
TR, I don't know why I said I thought it would be missing from a lot of income statements.
I don't know anything about these Royalty & licensing fee particulars. What I'd like to see is some sales from our Japan and Korea JV partners. If they can't make the sales, then company management should find another JV partner, or if they aren't the problem, make the necessary adjustments to the KDS Micronex to allow for sales.
I'm hoping that Japan was just thoroughly testing a good piece of equipment and is ready to market. I don't mind giving them a pass on having to pay licensing fees up to now for all the testing they've supposedly done. There seemed to be some sort of meltdown in Korea. I'm hoping to hear that's been resolved.
LOL TR, I see.
Do you know offhand what generated the Royalty & licensing fee? Seems to me like this sort of thing will be "missing" from a lot of income statements.
TR,
I'm guessing you would have read chanfan's comments (on RB) about $252K of missing money from the mid-2006 filing. (Forget exactly what he said.)
I have him on ignore but he is the only basher whose posts I will occasionally read, because he's posted stuff about the company which I had not read before. (Usually or always from back before I was a shareholder in FASC.)
However, in 2006 I was a shareholder, but don't know what's he's talking about...re: $252,00 gone missing. Do you?
Thanks TR.
Hopefully at this time next year tax loss selling isn't something FASC shareholders are discussing.
Hope you had a Merry Christmas. Have a Happy New Year.
Sleepin'
Thank you, Tech.
But I wonder why a stock would have to settle before the last business day of the year. Seems like on or before makes more sense.
Regardless, it's over. Onward and upward!
Well up here in Canada today was the last day for tax loss sales...is it the same down in the U.S.?
Tech I followed-up with the MoE today. Let's see if I get a response from them this time, eh?
Thanks Tech. eom