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Where did the money go?
Results of Operation
Nine Months Ended September 30, 2010 Compared to the Nine Months Ended September 30, 2009 The Company had $0 revenues for the nine months ended September 30, 2010. Expenses for the nine months totaled $1,429,210 resulting in an operating loss of $1,429,210. Expenses for the nine months consisted of legal and professional fees of $256,118; $355,022 consulting services; $395,729 research and development; and $403,591 of other general and administrative expenses.
The Company had $0 revenues for the nine months ended September 30, 2009. Expenses for the nine months totaled $1,668,814 resulting in an operating loss of $1,668,814. Expenses for the nine months consisted of legal and professional fees of $250,443; $649,842 consulting services; $286,399 research and development; and $482,130 of other general and administrative expenses.
ARSC $1 Million Dollar Solutions:
Someone buys ARSC $1000 worth of its shares for .0001 each, a total of 10 million shares. THEN with the company's help (pr, news, actually talking to us, delivery on promises) the stock reaches $0.10 sellsit then it has its million dollars and happy (rich) stock holders.
Someone call Dat Nguyen and try and get some info:
Dat Nguyen
VP Business Development
Hydra Fuel Cell Corporation
1800 169th Place Suite C700
Beaverton, OR 97006.
cell: 301-975-5252
email: nguyenxdat@yahoo.com
NOT THE FOOTBALL PLAYER!!!
Did you ask him about anything else?
Date Last Volume VolumeTotal
Oct 27, 2010 9:30:00 0.0001 8648500 8648500
Oct 27, 2010 9:36:00 0.0001 9000000 17648500
Oct 27, 2010 9:40:00 0.0001 650000 18298500
Oct 27, 2010 9:42:00 0.0001 6700000 24998500
Oct 27, 2010 9:47:00 0.0001 1000000 25998500
Oct 27, 2010 9:49:00 0.0001 1000000 26998500
Oct 27, 2010 9:51:00 0.0001 500000 27498500
Oct 27, 2010 9:52:00 0.0001 7000000 34498500
Oct 27, 2010 9:55:00 0.0001 6000000 40498500
Oct 27, 2010 9:56:00 0.0001 6189344 46687844
Oct 27, 2010 9:57:00 0.0001 3649000 50336844
Oct 27, 2010 10:00:00 0.0001 1000000 51336844
Oct 27, 2010 10:05:00 0.0001 3000000 54336844
Oct 27, 2010 10:08:00 0.0001 3000000 57336844
Oct 27, 2010 10:13:00 0.0001 75000 57411844
Oct 27, 2010 10:23:00 0.0001 3459996 60871840
Oct 27, 2010 10:33:00 0 400000 61271840
Oct 27, 2010 10:35:00 0.0001 2000000 63271840
Oct 27, 2010 10:39:00 0 300000 63571840
Oct 27, 2010 10:40:00 0 3660000 67231840
Oct 27, 2010 10:41:00 0.0001 500000 67731840
Oct 27, 2010 10:54:00 0.0001 1000000 68731840
Oct 27, 2010 10:59:00 0 1000000 69731840
Oct 27, 2010 11:04:00 0.0001 1000000 70731840
Oct 27, 2010 11:06:00 0.0001 1250000 71981840
Oct 27, 2010 11:11:00 0.0001 1000000 72981840
Oct 27, 2010 11:17:00 0.0001 3757600 76739440
Oct 27, 2010 11:20:00 0 7950000 84689440
Oct 27, 2010 11:38:00 0.0001 600000 85289440
Oct 27, 2010 11:43:00 0.0001 10000 85299440
Oct 27, 2010 11:55:00 0.0001 12000000 97299440
Oct 27, 2010 11:56:00 0 2000000 99299440
Oct 27, 2010 11:59:00 0.0001 400000 99699440
Oct 27, 2010 12:06:00 0.0001 10000000 109699440
Oct 27, 2010 12:13:00 0.0001 10900000 120599440
Oct 27, 2010 12:14:00 0.0001 14648432 135247872
Oct 27, 2010 12:17:00 0.0001 10400000 145647872
Oct 27, 2010 12:19:00 0.0001 1000000 146647872
Oct 27, 2010 12:21:00 0.0001 10005008 156652880
Oct 27, 2010 12:22:00 0 1000000 157652880
Oct 27, 2010 12:27:00 0.0001 4000000 161652880
Oct 27, 2010 12:29:00 0 3000000 164652880
Oct 27, 2010 12:50:00 0.0001 350000 165002880
Oct 27, 2010 12:54:00 0.0001 500000 165502880
Oct 27, 2010 1:05:00 0 17000000 182502880
Oct 27, 2010 1:28:00 0.0001 490000 182992880
Oct 27, 2010 1:39:00 0.0001 500000 183492880
Oct 27, 2010 1:40:00 0.0001 850000 184342880
Oct 27, 2010 1:42:00 0.0001 100000 184442880
Oct 27, 2010 1:43:00 0.0001 2000000 186442880
Oct 27, 2010 1:47:00 0 5000000 191442880
Oct 27, 2010 2:04:00 0.0001 1000000 192442880
Oct 27, 2010 2:11:00 0.0001 6500000 198942880
Oct 27, 2010 2:30:00 0.0001 4500000 203442880
Oct 27, 2010 2:39:00 0 2000000 205442880
Oct 27, 2010 2:43:00 0.0001 20010192 225453072
Oct 27, 2010 2:44:00 0 7500000 232953072
Oct 27, 2010 2:45:00 0 6000000 238953072
Oct 27, 2010 2:46:00 0 3500000 242453072
Oct 27, 2010 2:47:00 0 28920784 271373856
Oct 27, 2010 2:48:00 0 3920800 275294656
Oct 27, 2010 2:49:00 0 589408 275884064
Oct 27, 2010 2:50:00 0.0001 1000000 276884064
Oct 27, 2010 2:54:00 0.0001 5560000 282444064
Oct 27, 2010 3:00:00 0.0001 639904 283083968
Oct 27, 2010 3:02:00 0 1200000 284283968
Oct 27, 2010 3:15:00 0.0001 735008 285018976
Oct 27, 2010 3:16:00 0 2600000 287618976
Oct 27, 2010 3:32:00 0 700000 288318976
Oct 27, 2010 3:54:00 0.0001 600000 288918976
Oct 27, 2010 3:59:00 0 1600000 290518976
Volume: 275,654,653
Anyone have access to L2?
Wow look at all the volume 191,442,874
NEWS!!!!!!!!!!!!
Is this the news we have been waiting for?
Liberty Towers to Receive First HydraStax® Fuel Cell
Beaverton, Oregon, October 27, 2010 (BusinessWire) – Hydra Fuel Cell Corporation, a wholly owned subsidiary of American Security Resources Corporation (OTCQB: ARSC), announced today that Liberty Towers, LLC will be receiving the first commercial installation of a HydraStax® fuel cell.
Jim Twedt, CEO of Hydra, stated “We are working with Liberty on the pre-delivery site engineering and installation details right now and expect to ship sometime next several weeks, with installation to follow shortly thereafter.”
Michael Hofe, President and COO of Liberty Towers, stated “Liberty is excited to work with Hydra Fuel Cell Corporation and their PEM based fuel cell product, as part of our off-grid solutions program, to select back-up and primary power solutions to support tower operations during emergency conditions or as an overall grid replacement for remote tower sites that have no reasonable possibility of securing grid power. We believe Hydra’s highly scalable fuel cell solutions can provide us the ability to cost effectively employ off-grid solutions, while controlling costs.”
Liberty Towers, LLC
Liberty Towers is a communications tower company which develops, acquires and manages wireless communications towers in the continental United States. Liberty is headquartered in the greater Washington, DC area. For more information, please see: www.libertytowers.com
Hydra Fuel Cell Corporation
Hydra Fuel Cell Corp. is developing high volume, mass producible hydrogen fuel cells. Hydra is a wholly owned subsidiary of American Security Resources Corporation. For more information, please see: www.americansecurityresources.com
Safe Harbor Statement
This news release contains certain “forward looking statements” within the meaning of Section 27a of the Securities Act of 1933 and Section 21e of the Securities Exchange Act of 1934.Although the Company believes the expectations reflected in such forward looking statements are reasonable, it can provide no assurance that actual results will meet or exceed such expectations.
For more information, please contact:
Frank Neukomm or Bob Farr
American Security Resources Corporation
713-465-1001
info@amsrcorp.com
or
Michael Hofe, President & COO
Liberty Towers, LLC
202-420-7300
mhofe@libertytowers.com
First it was this year, then it was in July, then August, then September and news was going to come out, then its October and still nothing, now people are saying we should find something out in November or even next year? wtf! Why can't this company just let us (who have faith in this company) actually know what the heck is going on, an update, news, pr, anything? The website does not have anything current, no news, no industry stuff, nothing. I am not bashing stock just want ARSC/Hydra to say something! PLEASE! and in October!!!
NEWS!!!!
Now that I got your attention. When will any news come out? Seems like it has been so long since anything official and useful has come out.
When will news like this or any other news come directly from ARSC?
Someone call Dat Nguyen and try and get some info:
VP Business Development
Hydra Fuel Cell Corporation
1800 169th Place Suite C700
Beaverton, OR 97006.
cell: 301-975-5252
email: nguyenxdat@yahoo.com
No Dat Nguyen shows he went to:
University of Southern California - Marshall School of Business
and Penn State University
Dat Nguyen
VP Business Development
Hydra Fuel Cell Corporation
1800 169th Place Suite C700
Beaverton, OR 97006.
Hydra Fuel Cell Current Employees
According to Linkedin.com
Hydra Fuel Cell Corporation has Current listed employees as:
1. Larry Burgess, Director of Engineering Services at Hydra Fuel Cell Corporation, in Portland, OR Area.
2. A VP of Engineering at Hydra Fuel Cell Corp., in Vancouver, Canada Area.
3. Dat Nguyen, Business Development and Sales Manager at Hydra Fuel Cell Corporation, in Portland, OR Area.
4. James Davis, Director of Marketing and Products at Hydra Fuel Cell, in Portland, OR Area.
5. Jim (James) Twedt, CEO at Hydra Fuel Cell Corp, in Portland, OR Area.
6. Benjamin Schafer, Chief Technology Officer at Hydra Fuel Cell Corp, in Portland, OR Area.
Past Employees:
1. Van G., MGR SW Engineer at Hydra Fuel Cell Corporation, 2006-2007.
2. Timothy F., Product Development Consultant at Hydra Fuel Cell Corp, 2006-2008. (Helped design Hydrogen fuel cell system. Developed and tested prototype systems to determine paths for optimization. Lead role in CSA certification project).
3. Brandon Clark, Senior IT Administrator / Senior Software Engineer at Hydra Fuel Cell Corporation, 2005-2007. (Web Application Development, Embedded Software Development, Network Administration, IT Support).
Sticky?
ATTN: ARSC
PLEASE GIVE US SHAREHOLDERS AN UPDATE!
It is October, production was sopoosed to have started. Any news or update?
It is October and WE WANT NEWS!
Well if we knew the competitors, and knew that they were playing games to keep ARSC down, let us do some stuff to them.
Who is ARSC's competitors?
I would not have invested money into this stock if I didn't believe in ARSC also. This is a definite win! Might not be tomorrow but will come.
When this stock makes the ones who didnt get scared millionaires I'll invite all the millionaires to my mansion maybe go for a ride on my yacht. Then you can give me a ride in your jet!
Poop Powered Hydrogen Fuel Cells for Michigan Homes
http://www.hydrogencarsnow.com/blog2/index.php/fuel-cells/poop-powered-hydrogen-fuel-cells-for-michigan-homes/
"There have many potty jokes over the years about powering a car or home’s fuel cells with poop or urine. In fact in June 2009 I wrote this blog post about a car potentially powered by urine.
Now, instead of number one, researchers in Michigan want to go number 2 when it comes to hydrogen fuel cells. Michael Moore has talked, written and created movies about the decimation of Flint, Michigan after General Motors pulled out.
So, because of an invention by researchers at Kettering University, these same homeowners may be powering their homes with poop. The video explains the process a lot better than I can.
When the poop powered hydrogen fuel cell system is ready for market it is expected to cost around $9,000, last for about 15 years and allow many homeowners to detach from the grid for their electrical needs.
If you currently spend $9,000 or more over 15 years for power then this may pencil out to be quite cost effective for you. If you’re worried about having enough “waste” for the fuel cell system, just throw a few extra parties a year and serve Mexican food and you’ll be all set."
Has anyone heard of the company Element One, LLC? http://www.e1na.com/products/products.php (Has new and updated website)
It is also located in Oregon and seems to be doing similiar things as ARSC.
Is this a competitor?
This article talks about the forming of the company and its keys players:
http://www.bendbulletin.com/apps/pbcs.dll/article?AID=/20100911/NEWS0107/9110344/1001/NEWS01&nav_category=NEWS01
This article talks about PRODUCTION with a partner in Taiwan...
http://blog.oregonlive.com/business-watch/2010/09/new_strategic_partnership_with_chem.html
This company also has a building:
345 Cyber Drive, Suite 105, Bend, OR 97701
Premises include 1,995 SF of built out with reception and open work area, 1 private office, private restroom room, warehouse/open bull pen area with lots of windows, 14 foot roll-up door. Warehouse/cubicle pull pen office area can be converted to 100% office.
Blueprint of office:
http://www.compasscommercial.com/imgs/flyer/cyber_bldg_sale.pdf
I wish that with ARSC we could find recent info about partnerships, production, a new and updated website, and news about an actual building....
GO ARSC!
I have sent emails to Hydra and Frank and nothing in return.
Any others have any luck?
Scam or not I am still buying shares. It's money I can risk to lose, and possibly some day will pay off.
If not the money was well spent, it is a good price to pay for the back and forth entertainment on this forum about this stock. An experience I would have never experienced if I didn't buy this stock.
Go ARSC!
IMO
Tuesday is going to be a good day for ARSC! 5,4,3,2,1......
Imo
Hey Solo can repost that article about the Money Makers, looks like it was deleted:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54571588
I am doing the same, almost doubled my position on ARSC this week. This will take off, might not have been this week but sometime soon, imo.
Interesting to see how long these individulas have worked together:
Micheal Cherry
Frank Neukomm
James Twedt
http://www.secinfo.com/dUqN3.535.htm
Looked like they even had some r/s experience.
Six Year High in EBITDA for American Security Resources
09/15/2010
New York, NY, September 15, 2010-Ebitda News reports that negative EBITDA for American Security Resources Corporation (OTC:ARSC.E) for its quarter ended June 30, 2010 was $(319,790), a 32% improvement over the year earlier same quarter when American Security Resources generated $(472,751) in negative EBITDA. American Security Resources has generated twenty-six consecutive quarters of negative EBITDA. EBITDA for the most recent quarter also reached a six year high.
For American Security Resources' twelve months ended June 30, 2010 EBITDA was $(1,726,889), compared with $(1,997,691), a 13.6% improvement over the comparable year earlier twelve months. EBITDA for the most recent twelve months also reached a six year high.
The shares of American Security Resources were recently trading at $0.0004.
EBITDA defined by Ebitda News:
EBITDA is an acronym for (Earnings Before Interest Taxes Depreciation & Amortization) and it is calculated by taking Operating Income and adding or subtracting depreciation and/or amortization.
EBITDA is a relatively new performance metric that came into vogue during the 1980s.
The reason why is because corporations in the 1980s significantly increased the use of debt to finance their operations and acquisitions. Many investors and analysts believe that the increased interest expense as a percentage of total income due to the significant increase in debt masks the performance of an operating business and thus reduces the valuation of that business when traditional valuation metrics such as after tax income are utilized. EBITDA was created so that investors and analysts would be able to understand a company’s cash earnings power before non-cash items such as depreciation and amortization and interest and taxes were expensed. EBITDA has also become an increasingly popular performance measure for global investors and analysts because many countries have varying corporate tax rates. The simple theory behind EBITDA is that it is the actual profit that a business or corporation would generate if it were to be sold to an all cash buyer.
Ebitda News is currently the only "EBITDA" news source for over 8,000 public companies for monitoring and reporting on EBITDA. It currently publishes over 30,000 stories per year related to EBITDA and is the leading global source for EBITDA related news. Ebitda News’s company, industry, indices, sector and ETF news and archives are available at www.StockTrendNews.com.
Copyright 2010 StockTrendNews.com
Thats it, I am buying more!
Friday! Is it the our day? Website is back up, is this the start of improvements?
IMO
Looks like the products are also listed on this website:
http://conexaproducts.com/ResidentialProducts.aspx
just like:
http://greencitysolutions.com/5kWIndoorResidential.aspx
and this one:
http://www.homepowerfuelcell.com/products/5kw-indoor-res.shtml
and this one?
http://pathfindersassoc.com/5kWIndoorResidential.aspx
This looks like production, right? heck you can even purchase the aircooled stack under Store.
Looks good, imo.
Hydra Fuel Cell Corporation Products
The System
The system will be a fluid cooled, low heat producing PEM 5 Kilo watt unit. It has the ability to develop sufficient power to supply a home with all of its energy needs. In addition, it can be upgraded to provide for the energy needs of a small business that is not involved in manufacturing.
5kW Residential Fuel Cell (Indoor)
Power your home: Lighting, Heaters & Air-Conditioners, Freezers & Refrigerators, Home Computers & Internet, Television, Microwaves, Coffee Makers, and much more!
--------------------------------------------------------------------------------
Features:
¦ Quiet Operation Ultra Heavy Duty Frame ¦ No Pollution when running
¦ Unlimited runtime when connected to a ¦ Stable AC Power Output
continuous source of hydrogen ¦ Starting Power for Motors & Compressors
¦ Full Safety System for worry free (Optional Large start Kit available for
operation loads up tp 30kW)
¦ Ready for connection to Hydra Fuel ¦ Direct Replacement for Noise Generators
Processor
--------------------------------------------------------------------------------
System Details:
¦ Automatic grid failure detect ¦ Digital Control System
¦ 120/240 volt 30 amp twist lock connector ¦ Locking Door and Side Panels
for easy installation ¦ 1 button Start and Stop Operation
--------------------------------------------------------------------------------
Specifications:
Operation Fully Automatic
Fuel Cell Type PEM Proton Exchange Membrane
Performance:
Net Power 5kW continuous Output Power
Peak Power 7.2kW Maximum for 5 Minutes
Surge Output 16.800kW for 5 seconds
Output Voltages 120/240 AC Single Phase
Startup Time: Power switch off One Minute from power switch turned on
Startup Time: In automatic standby 1 second
Runtime Continuous Based on H2 Source
Fuel Type Hydrogen 99.9995 Pure Hydrogen
Fuel Pressure Input Range 10 to 2500 PSI
Fuel Usage 12 to 60 SIpm, Normal Operation
Emissions No greater than 2 liters of water per hour at
full output
Safety System Fully Automatic H2 Detection and shutdown
Operational Temperature Range 0 F to 120 F
Remote Monitoring System Status and Operation
Physical Dimensions 70Hx25Wx30D
Weight 1200 lbs
Certification Pending: CSA, UL, CE
* specifications subject to change without notice
5kW Residential Fuel Cell Power Module (Indoor)
On Demand Reliable Power System. Ready to work with existing: solar, Wind turbines, and grid-tie systems.
--------------------------------------------------------------------------------
Features:
¦ Ready to work with existing ¦ Unlimited runtime when connected to a
solar, wind turbines, and grid-tie Systems continues source of hydrogen
¦ Quiet Operation ¦ DC output
¦ No pollution when running ¦ Full Safety System for worry free operation
¦ Ultra Heavy Duty Frame ¦ Ready for connection to Hydra Fuel
--------------------------------------------------------------------------------
System Details:
¦ Digital Control System ¦ 1 Button Start and Stop Operation
¦ Automatic grid failure detect ¦ Locking Door and Side Panels
--------------------------------------------------------------------------------
Specifications:
Operation Fully Automatic
Fuel Cell Type PEM Proton Exchange Membrane
Performance:
Net Power 5kW continuous Output Power
Output Voltages 24 to 60 volts DC @ 190 to 210 amps
Startup Time: Power switch off One Minute from power switch turned on
Startup Time: In automatic standby 1 second
Runtime Based on H2 Source
Fuel Type Hydrogen 99.9995 Pure Hydrogen
Fuel Pressure Input Range 10 to 2500 PSI
Fuel Usage 12 to 60 SIpm
Emissions No greater than 2 liters of water per hour at
full output
Safety System Fully Automatic H2 Detection and shutdown
Operational Temperature Range 0 F to 120 F
Remote Monitoring System Status and Operation
Physical Dimensions 35Hx25Wx30D
Weight 365 lbs
Certification Pending: CSA, UL, CE
* specifications subject to change without notice
HydraStax® Air Cooled PEM Fuel Cell Stack
Product details
--------------------------------------------------------------------------------
Cells: 30
Output: 750 Watts
Max. Temp.: 80oC
Hydrogen: 99% Industrial
Oxygen: 93 to 99% Industrial
Dimension: 12.0” (304.8 mm) x
4.0” (101.6 mm) x
6.0” (152.4 mm) w/o Fans
Product price
--------------------------------------------------------------------------------
Sale Price: $7000.00
Price includes shipping and handling.
Please allow 30 days for delivery.
Add to Cart
Guarantee
¦ The entire system is guaranteed for all parts and labor for one full year
from the date of installation.
¦ There is a 5 year extended warrantee available which includes
technological updates.
http://greencitysolutions.com/default.aspx
Ok, sorry guys looks like I am going to sell, just placed my order, anyone want to buy? I am selling at $1 a share.