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April 25, 2008. 10:00 AM - Stamped it! -
Thanks RJ, it was definitely informative. eom
TR, two notes:
1) There is no mention of the "micronex" wastewater treatment plan, only wastewater treatment as part of the community's environmental stewardship
2) Whether intentional or not, it might appear as if you were saying the wastewater treatment plan was a part of the energy plan. I'm hoping that turns out to be the case, in the PDF, any mention of wastewater treatment was outside the sphere of the energy plan.
Good find though. Thanks.
RJ, the shares going off under your order were most likely picked up by the MMs...remember, they can buy stock lower than what you cna for, unless you use an ECN to enter your order...but, I don't know much about ECNs, I don't know if your buy order has to be matched by a seller user an ECN or whether the ECN you are using will compete with the MMs for buying up all sell orders entering the marketplace.
RJ,
First off, don't be so sure you would get filled at the ask. JMO. But since it's only an order for 100K, you probably would.
Secondly, you have no business expecting any shares at the bid, unless you are using ARCA as an ECN, and even then I have no idea what the dynamics of such trading strategies are. The bid is for MMs, they can drop their bid below your order posted at the bid, but not drop the ask. I never saw the ask below 1.1 cents today, I did see the bid at .077. MMs, in theory, buy at the bid and sell at the ask. Not a difficult concept...and this is the second time I am explaining it to you.
Not trying to be a jerk but unless someone would like to point out why I am in the err, please don't post anymore about how it's strange you did not get filled at the bid. I doubt many of us here have much if any expereince in doing so, or, in even trying. It would be a bad omen if they filled your order at the bid. JMHO.
RJ,
Would you mind asking Cal if FASC is still a distributor for the Energy Cabin? Also, might there be a role for the KDS in any relationship Enrgy Cabin related? (ie./ involved in the pellet making process.)
http://www.energycabin.com/EN/contact.htm
Distributers:
North America:
Pellet Systems International
26 Pinder Road
Nackawic, N.B E6G 1 W3
Canada
Tel: +1-506-575-2231
Fax: +1-506-575-2380
Web: www.pelletsystem.com
Email: info@pelletsystems.com
Results of Operations - Year ending June 30, 2007
Revenue for the year ending June 30, 2007 was $323,560 compared to $724,706 for last year. This represents the sale of two systems completed for the year. In addition, in June we sold one machine which is now being fabricated, and a second which is being held in inventory pending receipt of final payment. A third sale was made in August 2007, subsequent to the date of these statements. These sales will be booked when delivered as per our revenue recognition policy. We have received deposits on all three of these sales.
I'm pretty sure worls wouldn't make it through a spell-check still...
Canada - City of Prince George, BC
We have signed a Memorandum of Understanding with the City of Prince George, BC, Canada to assist them at their Waste Water Treament Plant in solving their environmental cleanup process of sewage sludge using the KDS Micronex System. This will be the first operation of its kind in the worls where strictly regulated Class B municipal sludge can be cleaned, bagged, and profitably sold to the public as a soil amendment. The initial runs are being monitored and evaluated by the University of BC, and if acceptable, the City will establish a permanent facility utilizing up to four KDS machines. To date, all trial runs have been satisfactory, and after making many modifications, we have reached the Phase I goal of “proof of concept”, as reported by Dayton & Knight P.Eng.’s the City’s project engineers.
-18-
Phase Two is expected to begin this fall where we will build a commercial scale model to be perfected and sold to Prince George as a show piece and, hopefully to other like sized municipalities in the region.
Well I guess I was wrong about FASC part-owning a powerplant in Malaysia, at least by the looks of it:
Malaysia - FASCM Joint Venture & License Agreement
On July 8, 2004, we granted an exclusive license for 21 years to First American Scientific Corp (Malaysia) Bhd. Sdn., to market the KDS system in Malaysia, Thailand, Singapore and Indonesia. FASCM purchased one KDS machine and set up a fully operational demonstration plant in Malaysia. Under the agreement, we will receive a royalty for each machine manufactured and sold in the territory and will share 50% in any excess profits from the operation. There was one sale in Malaysia to date, but the equipment was recovered when payment was not forthcoming. Two new projects are at the quotation stage.
-17-
This is a very solid, well financed operation in which we hold a 50% interest. The Malaysians are currently raising money privately to build a $1.3 million plant to process fibre which will be sold to China.
Tech, I don't know what about the Brazil angle makes it unique, but I bought into this stock hoping the griding/drying benefits of the KDS would make it more economical and user-friendly than other competing systems effecting the same result with the inputted materials. The pathogen killing aspect was just a bonus to me...I'm hoping the KDS can make it on it's grinding/drying benefits alone, because I see the big money being in energy. But what do I know...
I think I know what FASC management has on their mind....energy, and the production of it.
It would be my expectation their plan will be joint venturing into biomass energy projects. Only after more than a few of these projects are up and running (and the company has done a reverse split and gone onto the AMEX and is profitable) will the company not to taken as a joke by the investment community (save for us penny stock traders/investors.)
Thanks to TR we know there is some plan for a Malaysian biomass project.
I think energy production is this company's best chance to make it pretty big.
Net-Man, maybe they are trying to make the 10Q follow afterwards ASAP?
MiningGuy, I'd be happy to hear anything you have to say.
Charlie, I'm hoping the information from Austria will be pertaining to a KDS sale, and not Energy Cabin related. I bring up the Energy Cabin because, as you probably know, it is manufactured there.
RJ, thanks for taking the time to post on the message board, especially your conversations with Cal.
I think we are awaiting the 10K though, aren't we?
Regarding the MMs:
Contrary to Jagman's opinion, the MMs make money on stocks from the "SPREAD", going long, or going short. MMs wouldn't make anything in most of these penny stocks most of the time if they were simply making money between the spread. But if they are going to pick up millions of shares in the 3-5 cent range, and then dump a ton after running the price up, they'll make a killing.
RJ, MMs sell at the ask, or not at all. It's not strange in this stock for the MMs to not even fill an order at the ask, and then move the ask price up. It's not strange at all they wouldn't fill an order entered below the ask.
IMO, this stock is only in the 1 cent range so that people will be selling at 3 cents instead of buying. And the MMs will make a killing if this turns out to be a good story. I believe it will. Good luck to all (except the bashers).
Awesome DD TR. eom
By: sleepin_easy
05 Sep 2007, 04:00 PM EDT
Msg. 13715 of 13723
I just spoke to Arnie, conversation details were along the lines of V4's. He mentioned that automobiles are interested in the pumps/compressors, says replacing existing pumps/compressors in a car with A/C will reduce the weight of the vehicle by about 200 pounds.
He says television spots are being edited, rough draft is very powerful, has mainly Bob Grisar in it demonstrating the pump. He is hopeful the release of the video will coincide with agreements with major companies. Release of video is expected to be by month's end.
After compressor testing is completed (by weekend is his guess) Bob Grisar will move on to validate the engine (especially the engine seals.) The seals will be the same design but coated with a different material. Seals in pump/compressor, according to him, are working perfectly.
By: veee4
05 Sep 2007, 03:18 PM EDT
Msg. 13711 of 13723
Arnie,
FYI- A conversation today yielded the following Arnie statements:
They have been demonstrating the pump/compressor to related industry companies. They are very close to agreement with 2 major pump companies. The compressor test is 2 or 3 days from duration test completion. They expect to issue PR's this month. They also have recorded a TV broadcast. The first show is scheduled to be aired around 15 Sept. on regular TV. Details will be posted in a PR.
Thanks for sharing, Charlie. The reply sort of deflates my hopes we'll hear of new sales in the 10K.
TR, the new IBOX is looking great. I think the "Latest 10QSB Filing Date: 5/10/2007" near the top of the screen should be in bold. Great work.
Can someone ban Waitedog already? eom
Like honestly Waitedg, you cannot seriously expect to be able to slander a financial officer's reputation with charges of immoral behaviour without expecting to back up your claims.
Put up or shut up! (Personally I would prefer the latter.)
Post the RB post then. eom
Thanks Waitedg, I cannot wait to see your "laundry list" of "immoral behaviour" Cal has exhibited over the years. Or are you just going to tell him to go to RB like you do me? He'd only have 20,000 or so of bashers' posts to go through, eh? "ROTFLMAO!"
TR, I went to the translation page, and got the feeling after reading it there (it is difficult to makes sense of that either way) that some work has been done to deal with dust issues. Was that your read as well?
miningguy, I wish I was censured! I'd feel almost Presidential! lol
For those wondering, I let Waitedg know his Time & Sales data was inaccurate...just add it up I said! Maybe RB didn't want people to notice *their* share volume was as phony as FreeRealTime's.
Sundar left? eom
Waitedg, I can't wait to see what you have to say to Cal. Remember to itemize each instance of immorality! lol
*Takes a page from the fans at Cameron Indoor*
Ohhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh...See Yahh!!
Waitedg, ever hear of copying and pasting? No, well let me tell you how it works. You right click on your mouse and scroll down to select Copy. Then you move your cursor to where you want to paste the text you've copied...Right click on your mouse, and select Paste. Or use Ctrl C to copy and Ctrl V to paste. Or a combination of both methods.
Also, you could not only copy/paste the informtion you allude to, you could also explain how you think that each action is immoral, as opposed to simply being just not successful. When someone grounds out into a double play with the bases loaded, that's not immoral is it? As bad as the result is, it was somebody making an honest effort. Perhaps that same batter, with experience, will not make the same mistake, and change his approach so that some modicum of success is obtained from such an opportunity. By the way, I am not saying Cal could have done better in past attemps at commercializing the KDS technology, I am just providing an example to help illustrate my point that immorality is not the same as not finding success.
No more cop outs for answers Waitedg...back up your claims! And/or be gone with you!
Waitedg, why don't you back up your claims of Cal's so-called immoral behaviour with some evidence. His "failures", as you so kindly like to put them, were probably the result of hard work which didn't pan out as expected. Just because someone doesn't accomplish his goal on the first try does not mean his actions were immoral. Not only this, lessons can be learned and progress can be made...
"IF AT FIRST YOU DON'T SUCCEED, TRY, TRY AGAIN. Don't give up too easily; persistence pays off in the end. The proverb has been traced back to 'Teacher's Manual' (1840) by American educator Thomas H. Palmer and 'The Children of the New Forest' (1847) by English novelist Frederick Maryat (1792-1848). Originally a maxim used to encourage American schoolchildren to do their homework. Palmer (1782-1861) wrote in his 'Teacher's Manual': 'Tis a lesson you should heed, try, try again. If at first you don't succeed, try, try again.' The saying was popularized by Edward Hickson (1803-70) in his 'Moral Song' (1857) and is now applicable to any kind of activity." From "Random House Dictionary of Popular Proverbs and Sayings" by Gregory Y. Titelman (Random House, New York, 1996, Page 154).
I don't see the "pumping and dumping" the MMs have supposedly done when FASC issues a PR. The Brazil PR was an exception.
In the long-term I'm sure this quiet period won't change much one way or the other, and when we hear something, I'd like it to be good. But if sales have been made, it would be nice if this information was at least released on the website. Being kept completely in the dark is frustrating. That's all I will say about this matter.
Well Waitedg, you do what you feel is best. But next time to are going to paint someone as immoral, try to provide examples of this immoral behaviour. Compare Cal to a ton of penny stock CEOs out there, and he's a saint.
And, Waitedg, I truly find it odd that you expect shareholders to come out and say negative things about a company in which we are invested, particular when there are no glaring negatives. You point to the salaries Cal and Brian have owed to them. Well, here's the deal. If the company is a success, then they would have earned it. The company isn't a flop yet, we're not down to worrying about who, if anyone, gets the last million bucks...so why are you worried? What other glaring negatives are there? The dilution has been minimal when you compare it to many, many other penny stocks. The progress has been slow, but it's hard to dispute that at least a semi-respectable effort has been put forth by management to commercialize the technology on a shoe-string budget. Prince George, Brazil, MnVAP, Malaysia, the list goes on....what is to happen to these things, if anything? That is the million dollar question, pardon the pun.
Net-Man, FWIW, I agree with your post. But if you're waiting for Waitedog to pass your message along, you may be waiting a long time. It'd be my guess he's just trying to look "fair and balanced" while subley planting his seeds of doubt.
But hey, maybe I got Waitedog all wrong. But he "has me on ignore" so I won't bother apologizing.
Waitedg, do you know what "going private" means? If so, do you throw out scenarios like this for any reasons other than scare tactics?
Weren't you throwing the phrase R/S around in the summer? Shame on you!
RadMax Technologies website:
www.radmaxtech.com
The RadMax HERE technology is new to investors.
The AGES info in the IBOX might as well be removed.
Cool miningguy, hopefully you or someone else can find out the specifics related to Brazil, and other ongoing projects. I feel like we're being kept in the dark here...if there's progress I want to hear about it, and not have to wait around for each 10Q...not when we haven't heard anything since last November at least.
miningguy, did you ask Peter what's going on with/in Brazil?
Brazil Ethanol Industry Goes Green for the Money
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BRAZIL: July 6, 2007
SAO PAULO - Brazil's ethanol industry is cutting out the dirty habits that contribute to global warming and environmental degradation. But it's not just a noble effort -- it makes good financial sense, too.
Billionaire George Soros, who is investing hundreds of millions of dollars in Brazilian ethanol production, is in the forefront of the effort.
"If ignored, global warming can destroy civilization," Soros said at an Ethanol Summit in Brazil last month.
Brazilian ethanol mills have taken steps to break with traditional practices that call into doubt the environmental benefits of biofuel production from sugar cane over gasoline or other biofuel production, such as US ethanol from corn.
The burning of cane fields is a prime example.
Roughly 70 percent of Brazil's 6-million-hectare (15-million-acre) sugar cane crop is still manually harvested. This requires fields to be burned to clear the dense, serrated leaves of the plant before cutters can gain efficient access to the stalks.
Sao Paulo Governor Jose Serra estimated cane burning in 2006 in his state, which accounts for 65 percent of Brazil's cane crop, spewed 750,000 tonnes of pollution into the air.
Although the cane industry had pledged to move from manual cutting to mechanized harvesting, the roughly 15 percent annual expansion in the cane crop with the boom in ethanol demand has resulted in an actual increase in burning.
Burning rates are up 20 percent from a year ago at this time in Sao Paulo, according to the latest satellite data from the National Space Studies Institute.
BURNING BANS
For the first time in history, Sao Paulo's environment secretary issued bans on burning for short periods in 2006 due to respiratory health risks.
Mechanized harvester sales soared after the burning bans.
Mills have only so much time to cut in the dry season, before the spring rains, which start around October, make harvesting unprofitable. And there is a lot more cane to cut these days.
Were it not for this additional financial risk for mills posed by the burning bans, the industry likely would not have signed an agreement with Serra in June to quicken the phase-out of burning.
Under the accord, 88 percent of Sao Paulo's cane area will end burning by 2014 and the remaining 12 percent, or 440,000 hectares (1.09 million acres) in slightly hilly areas, will stop by 2017, well before the previously scheduled target of 2031.
The burning of brush, forest and agricultural lands makes Brazil one of the leading emitters of greenhouse gasses, after the United States and China, even though it is also a leading carbon credit earner, along with China and India, according to Intergovernmental Panel on Climate Change data.
When asked why the cane industry has not ended burning, the previous head of Brazil's Cane Industry Association, Eduardo Peirera de Carvalho, admitted that burning had to be phased out for health reasons but not environmental ones.
"This argument about carbon emissions is a misconception. Whether we burn the leaves in the field, or leave them on the ground to decay, or burn them for electricity in cogeneration power plants, it all produces CO2," he said, referring to carbon dioxide gas.
ETHANOL'S DIRTY PAST
Mills used to install the most inefficient furnaces they could find in their cogeneration thermal electric plants, which power the mills using bagasse, or leftover cane, as fuel.
"They did this to burn as much bagasse as possible, rather than having it sit around and having to pay for its removal and disposal," energy analyst Mario Veiga Pereira said. "Now, these mills are getting rich off the energy they are selling back to the community from bagasse bioenergy."
Mills now see the huge quantities of bagasse they produce as a major source of income, whether for energy generation or as cellulosic feedstock for additional ethanol output.
Story by Reese Ewing
REUTERS NEWS SERVICE
http://www.planetark.com/dailynewsstory.cfm/newsid/42975/newsDate/6-Jul-2007/story.htm