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.
I agree Sam but I bet you also have purchased MORE then one computor in your lifetime.
Still waiting for FASC to have a follow up sale and or PR discussing more business from an established customer!
Have a great night
TR...
1) what has been FASCs mode of operation is PR something and we never hear from them again. A CEOs job is not only to sell some product but rather get market awareness to the successes of those past alleged deals. Cal hasn't done that for us nor the market.
2) Yes managesource has been gone for a year and they PR'd a "target price" of 0.50 cents if I'm not mistaken. Second the VIRC deal was ongoing during their paid tenure and they didn't PR any of those alleged sucesses.
3) I'm interested in any type of "numbers/info" where we as investors can make an educated estimate on how our KDSs are working. All we hear about are dreams and aspiration from further ongoing testings. It still boggles my mind how you can't see where it so important to have a USING customers numbers and or successes PR'd by FASC or themselves. Website numbers are just sales pitches TR and you know it. Kind of like MPGs from manufactures where they say numbers will differ under different driving conditions.
4...we agree!
5 Again I will tell you I DID call and was told that there are only TWO KDSs in production and niether was processing glass.
You're a numbers guy and probably understand whatever numbers they'll tell you better then I can, so how about you calling again and getting back to us. I posted the number ( IAN KIDD 250 721 3009) for others here, and see that such an interested bunch of guys didn't make the call.
TIA,
Setonian
TRCPA....they don't have to PR the exact numbers, but how about FASC being the seller of the KDS interacting with their "clients" and seeing the pros and cons of the machine in operation and THEY PR how well the machines are functioning.
We did have a PR firm working for FASC and it's not inconceivable to of had them interview those customers in how the machines were working.
As for links to the KDSs throughput numbers I have all that info in my office. Means nothing on paper and the world in production.
PS....how large is VIRCs recycling facility in Canada? Do you think those two KDS satisfied ALL their recycling needs??? No way and hence my reasoning if they don't buy more surely indicates at least to me and the market that there is a viablilty problem with the way the KDSs function.
JMHO
Thanks anyway,
Setonian
TRCPA....just because a technology "MIGHT" be viable doesn't always mean that in time it's proven to be marketable. Hybrid cars for instance are a great idea and wonderful for the enviroment (kind of like the KDS), but as of today there really isn't a market or demand yet for that technology due to big oil interests and lobbyist
The KDS seems to work in a "testing" mode but hasn't yet shown ONCE that in a FULL TIME working mode that it's a success. VIRC, hasn't PR'd anything, ALMI, Firma Codogni, Malaysia either and Beau pre was a proven failure.
So if Henry Ford couldn't create the lower costs of the automobile through the use of the assembly line the car wouldn't of been a viable technology, even though it was good and worked..
So in ending TR ALMI talked about everything other then the KDS and that was the catalyst for its surge (as is posted here often), as a CPA, you don't find that strange?
PS...my opinion of the success of the KDS would of been for instance, VIRC, having purchased a couple of KDSs to PR the successes in thier processing of their materials and followed up with subsequent purchases of the more thorough KDS models we allegedly have. Nary a word from anybody who has one TR is a huge problem..........well at least to me, a few others and the market in general!
Hope this clears it up for you!
Well Jagman, there is the answer as to why ALMI soared to its current level and FASC continued to fall.
It's quite apparant that whatever successes ALMI has had, has NOTHING to do with our KDS, hence again, no follow up on its performance and through put numbers.
Do you think will ever get a follow up on any of the PR'd alleged successes of the KDS?
PS... TRCPA there is the reason for my prior post that I like the technology, but don't think Cal has the where with all to market it or get the proper R&D engineers to get it to work properly.
JMHO
Wow...wyo, your post sure did sound a lot like mine....LOL
I guess you just couldn't bring yourself to say I agree with you Setonian.
Stop bashing my company!
Setonian!
TRCPA...my sentiments are dictated by my stocks performance, and since I SEE only negative things over the last 5 years I should be able to express those concerns without being subjected to inuendos of some evil agenda by some.
You continually see only positives and great potentials, what ever floats your boat TR. I like to look at results and FASCs has been without a doubt terrible to say the least.
In regards to you baseball analagy, yes when I go to a Yankee or Mets game and see Ball players UNDERPERFORMING after being paid MILLIONS of dollars, I have every right to BOO them. I bet you applaud when your favorite millionaire ballplayer strikes out four times a game....go for it you paid to do that as I have paid for my investment and can't sit here and applaud Cal for sqaundering my investment share value.
I wont applaud Cal until he shows me he's worth one penny of what he's paying himself, and as of today he hasn't. But if you want to constantly give Cal a standing O, go right ahead, but I also paid to be at this game and want to BOO Cal until he hits a homerun. His batting average is ZERO so far and that's not even good for single A ball!
TRCPA....How about this take on why someone who posts on a message board and dislikes what's going on, could it be that he/she dislikes the "CEO and CRONIES" but loves the potential of the companies technology....for example....
The reason I post only negatively regarding FASC is that since I've been invested in FASC (5 years now) there has only been negative things happening to my investment....dilution, non finished deals, no investors updates on the reasons why they've failed, CEO flying around the world and coming back with nothing but bills (paid for with my shares) Phone calls from him that have not been truthful, but a bunch of nice PRs that have done nothing but allow him to dump and pay himself a real nice salary.......hmmmmmmmmmm now I ask how can anyone who has owned, averaged down and seen all these failures NOT be livid with this CEO?..Boggles my mind the unwavering faith of some here and abroad.
But I have noticed you not posting on any other board but FASCs, so you must see things a lot deeper then others.
I do hope you're correct!
TRCPA....you say that so often, how you imply why some are here and negative about this company
We have a 2 cent company that doesn't fluctuate much in price, very little volume and if it falls any futher will be in the sub penny range.
So I ask you, what advantage would we have in seeing this stock fall any further. We know there isn't any shorting so the stock trades on its fundamentals which as we have seen aren't very good.
TIA
TR...I rather liked your other opinions that FASC would have two to three KDS sales a Q and that would stop the dilution and pay their salaries.
Sadly that scenario has panned out either and I don't believe your new one will either.
But I do appreciate your thoughts on how Cal should be leading this company. I wish he was listening and cared what we had to say.
I don't think so though.
TR...I'll explain it to you ONE MORE TIME....either way they get to have their cake and eat it too.
If the share price rise they dump at those current levels and make a nice salary, or if the share prices stay at these same levels, they just issue themselves more of our shares and make a bundle,
WIN/WIN...no pressure to produce...nuff said!
TR...sadly most have been way off on most of their opinions over the years so it's only great message board fodder, but if the past can be a gauge, FASC wont do anything that could be construed as good for the shareholders.
I'll be amazed if the O/S doesn't drop over the course of the next Q.
What's more likely to happen is a reverse split or issuance of more shares....which both indicate a still ailing company.
JMHO and thanks for your further explaination of your opinion to me.
I do believe my scenario is the more likely sad future.
TR...where did you get this new line of thought regarding a buy back.
Was there any mention to that in the 10K? I know many hear didn't want to see the dreaded R/S mentioned and now you keep alluding to something I believe is your opinion?
A buy back is just a pipe dream...IMHO
bobsnook...more like being "scalped" then a haircut.
Under two cents!
Real bad!
...OT...TRCPA....From megster from another board, discussing exactly my point about Cals shares, he paid zilch for those shares!
16 May 2005, 01:07 PM EDT
Msg. 188053 of 188053
(This msg. is a reply to 188052 by TRCPA.)
Jump to msg. #
TR
First they would likely issue the remaining authorized shares to themselves for monies owed.
What would reaally be a sign of confidence would to see them stop selling and buy some shares out of the market with their own money like other shareholders do.
IMHO
Jagman....don't worry FASC doesn't have a board....other then RB and IHUB...LOL
TRCPA....I can never think of FASC ever buying back any shares, that IMHO is just a dream.
As for the gains in PPS of course they would be of greater value to Cal and companys shares, but you also didn't answer my post totally, if FASC doesn't rise, will they not just issue themselves some more of our shares?
So really they don't have to produce to get paid! When you have the keys to the safe, all bets are off!
TRCPA...I would agree with you're scenario if Cal and company PAID for those shares from their own bank accounts and not from ours.
It's kind of like when you go to a casino and win big early, you get a bit more risky when you're betting with the houses' money.
It's a win/win situation for Cal, if he gets FASC some marketability and the PPS rise he wins, and if FASC languishes at these current levels, he'll just issue himself some more of OUR shares to pay himself quite handsomely I might add. Either way Cal NEVER loses anything.
As for a buy back of shares, we have a better chance of seeing FASC on the NYSE then seeing that ever happen....IMO
Jagman....it's nice that you can authorize shares to yourself....no board, no shareholder input and really no accountability.
I don't see where some here think that because they own (really didn't cost them anything) those shares that they will see the need to get those shares more valuable.
If FASC stays at these level and dilution continues, they just authorize another bunch and WE pay for it by further dilution of our shares.
I for one don't find that too encouraging.
Tennzi....I LOVE optimism and faith, but my question to you and the longs who want to remain so optimistic is...how long will you boys remain optimistic and not start DEMANDING Cal and company to payoff on the longs optimism and faith.
Blind faith and falling in love with a stock is like being married to a cheating spouse. You want and pray that the person/thing you have fallen in love with will stay faithful and not continually hurt you.
Can you honestly say Cal's been good to anybody but himself?
Sorry buddy, I put my money and faith in him and he has continually shown me that it was a VERY BAD choice.
I know you'll say sell but at the levels of my losses in this stock, I am better off letting it go to zero then keeping the pennies on the investment that I made many years ago.
You may call my FACTS whining, but in regards to FASC one mans whine is anothers sad truth.
Another 10Q of nothing tennzi, and you still praise Cal....LOL, but unbelievable to anybody who really wants to make money.
JMHO
What is the max of missed potential deals and the years it takes to have them completed?
Amazing, and
PS TR I am NOT happy about this new no news 10Q, it just reinforces my unhappiness with the CEO and crew you just can't seem to find a problem with.
I bet many will be buying more?????
LOL!
How sure are you that the 3000 will be "operational" by June?
When the say that, can we expect the same kind of "operational" as the Princeton Plant TR?
Lousy report with the same old "in the future completions of deals"
Which they NEVER have finished!
Whoopie!
Why am I not surprised to see that post from you!
The whole report was/is the same as EVERY OTHER ONE WE'VE SEEN!
More "potential" and some more time frames which as we've seen year after year FASC has NEVER MET ONE TR!
So now you're excited about the OS being the same?
Please share with us what you found in this report to keep anyone excited about this company.
TIA
TRCPA......wow something new in this report.............?
As shown in the accompanying financial statements, the Company has incurred an accumulated deficit of $11,731,038 through March 31, 2005 and has limited cash resources. The Company recorded increased sales during the period ended March 31, 2005 but generated a net loss of $654,024. These factors raise substantial doubt about the Company's ability to continue as a going concern.
TRCPA......More shares are coming or the reverse split, which ever it is, this continues to be bad and getting worse.
Cal give it yp and stop wasting our shares!
JMHO
Srams....report is out.....not too bad....
http://www.marketwatch.com/tools/quotes/newsarticle.asp?guid={A7B6E6F1-0198-4372-B795-031F44038E76}&...
Good morning Terry, You say you're dumb? I don't pretend to read others minds or throw judgemnets on how you invest in the market, so no I don't know if you're dumb, but if you say so I'll take your word on it (just kidding).
Terry if FASC ever makes it in the market place you and all the other longs who have allegedly averaged down and amased a lot of FASC shares will all being considered brilliant.
I don't no how long BIPH was near death but if it followed the path of FASC, you're a very wise man!
Good luck to you,
Setonian
Jagman.....sadly that and more confusion and uncertainty has been the norm of all the past filings.
I don't inderstand how TR can think this one is going to be any different the the last bunch. But like I said he's the eternal optimist and after being here for so long and having so much faith in management and the KDS, I do hope he's correct someday.
Patience is a virtue which I lost a long time ago regarding this company and its management/sales team.
I wont buy again until FASC/Cal can ever validate a PR as being viable and working for its customers....AND MAKING MONEY FOR SAID CUSTOMERS~
JMHO
Jagman...that's funny, some people just don't want to say black is black and white is white. Lots of reassuring and hope is what's needed here ...imho.
But we all know whether we post it or not that things don't look good.
Sam I also dod the same as you but was smart enough NOT to average down any more.
My last post for the day (15) and I wish all a good night!
Setonian
Nah Sam lifes not a mirage, it gives you some real good clues and we sometimes fail to see them or just ignore them and hope it get's better down the road.
Sadly that can't be said of FASC. Hopefully someday we can laugh and say how worried we were about this company.
But I really doubt that talk will ever happen.
PPS keep falling and now under 0.02 is a sad possibilty.
Drink up Sam because it's better to chug then shrug!
Coronas go down real nicely with some lime!
Sam...with all due respect this isn't a game of who wins the debate or not.
These boards should be to try to get the clearest picture of our security with what could be acertained from the facts we can garner.
It might be an ego trip for some but I like to talk about what IS certain and not future dreams and a potential dollar FASC price down the road.
We're ALL losers Sam while our PPS keep falling and Cal and company keeps traveling and not coming home with the bacon.
Simple facts that ALL should see and ALL should be FURIOUS about!
JMHO
TR...clearly you wont/can't accept the fact that Cal and Brian didn't take a penny from their private bank accounts to pay for those options.
If it makes you feel better then that's fine, but think about this, if they paid 50 Gs each for those options where did the money come from, for their bonuses?
Fasc cash on hand?
I see Juggs didn't want to try to explain the differences between the options we're discussing.
Cal has a license to print options which inturn is sold for salaries and bonuses. If one prints the options one doesn't actually pay for them no matter what the report says TR.
TR....again they DIDN'T buy anything, they created the paper work to pay themselves huge sums of money legally through the issuance of "options" which they themselves granted to themselves.
Kind of like a banker going to a vault and taking the money out and the depositers having no say about it or the amount he/she is allowed to take out.
Print your own salaries and pay checks. Not a bad gig if you can get one!
JMHO
TR...my point is that Cal and Brian have what could be called an "equity line of credit" with our shares. They can use them whenever and for where ever they feel it's neccesary.
200 million shares of equity which has almost been used up, I know they banked their bonuses and salaries while we've taken it on the noggin. I would love to see Cal or Brian or any insider for that matter show they purchased any of FASC shares on the "OPEN MARKET"
Hasn't happened and all our shares that we authorized for R&D seems to of been used for R&R...imho.
Back to Japan they go on our dime!
Jagman...thanks for clarifying that again for all. They don't pay for any of those options they are GIVEN them which they dump whenever they can and create futher dillution of our shares.
No matter what those transactions are sprayed with it's not good for the people who bought them and we who continue to hold the futher diluted shares.
The fog deepens....IMHO
wow thanks Juggs you just clarified for TR my point. Those option were sold the second Cal and Brian had the chance.
No restrictions to them at all!
Thanks for your input!
Setonian
Juggs, how about you giving it a try, where did the proceeds come from, if Cal and brian bouses couldn't be sold until those "restricted options" were up?
PS..."LOL" is not liked here and I know it stands for laughing out loud. I was told it's not tolerated and annoying!
TIA,
Setonian
Pretty simple point I'm making TR....if they received the proceeds from those transactions (50 thousand) and you say they can't sell them until the restriction is up, where did the money come from?
If you buy an option, say for FASC @ 0.05 for the month of May 06 and they price is 0.2 on the experation date for that contract you get NOTHING and lose the cost of those contracts.
Cals and brians shares are given to them via dilution and they sold them when they saw fit...IMHO
TRCPA....Where did the proceeds for the 50 thousand dollars come from? Are you saying that they lost on those options.
Those shares are taken by them sold on the open market and they pocket the proceeds, no ifs ands or buts TR.
If as you say they can't sell them on the open market, until the year is up, they really never received the 50 thousand? they would of received half of "the proceeds" in the report.
I believe the Sec AUDITED REPORT states they received the FULL amount of 50 Gs
Doesn't add up as you seem to want to portray it TR
JMHO
PS.....I would believe this is their $50,000 "bonus" that they felt was deserved.....
-Nov-04 1,000,000 FASC.OB Option Exercise at $0.05 per share.
(Cost of $50,000) That's Cals
And here's Brians....
3-Nov-04 1,000,000 FASC.OB Option Exercise at $0.05 per share.
(Cost of $50,000)
I wonder where those 50 grand come from???? Couldn't of been from some investor now could it?
Setonian
TRCPA...Really, so you're saying ALL the shares that Cal and company receive are kept by them??? Right! Not only can you read my mind but Cals and Brians to boot!
No matter what you believe TR those shares are sold whenever they can dump them, and that's ususlly when there is a spike and the poor fellas that buy them watch them fall back down.
JMHO