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Notice the moderators are gone.....the CPA man....Charlie02......all the big names who spoke with the company on a routine basis.
Does tell you a thing or two!
Taps please
The OTC does not do anything on Monday's except collect their big salary checks.... May be the middle of the week is possible but if Thursday morning goes by, the next possible date would be Tuesday, October 2.
We are dealing with people who care nothing about companies, stockholders, or you. They are worse than Federal employees. They are not accountable to anyone. That goes for the OTC, NASDAQ, NYSE, and all the others.
And if you think the SEC cares, wrong again. They are just a bunch of paper pushers with big tax payer salaries.
Only place your faith in Buyers and Sellers. They put their money where their mouth is!!!!!!!
Strange....
Looked at Edgar (SEC) and the last entry recorded was REVOKED on July 10, 2015.
No entries found on Sedar (Canadian) for FASC
No updates on the FASC WEB Site since 2016.
Wonder where these fins were posted? Might it be on the "dark" WEB?
Taps please and hurry.....There are limits a company can go without being properly buried.....
$8 million you say.....WoW....
Was is it Gross Revenue? Gross Profit? Net Profit? Or Net Wishing Well?
And whose pockets did this money happen to find its way into? Not the stockholders.....We are delisted..... remember.....
Taps please...….
Does anyone know how to play "Taps"?
This company died in 2011. Needs to be given a nice funeral with a Canadian flag.
WRONG
Tear off the "mask" and let the world see what a FRAUD you are!
Monday, SEP 3 at 1:09 PM
Update from Mark on progress for financials release;
Thanks very much for your support and feedback. RRBB is making great progress on the audit and we anticipate completion this summer. Many of our retail investors use Etrade to buy and sell ARYC. Please stay tuned for our upcoming financials and press releases. Looking forward to your continued participation. Thanks, Mark
What is serious in no SEDAR filing. Last one was May 4th. They had filed every 90 days for quite some time. Now they have missed the 90 day window by more than a month.
Wonder if the issue is operating funds. They have all the other matters worked. But no operating funds means no construction bond sale. No construction means no revenue. My opinion is on hand money is holding up the deal.
And the current USA vs Canada trade fight is not helping raise funds.
ALL
The web sites listed do check out. Even used other sites and they confirm TM was abandoned.
Tweeted INI Worldwide about this matter asking why.
Suggest all who care or have money on the line should tweet them as well.
Then it would be nice if you would share any response.
I think this group needs to come to terms with the "clean energy" problem.
It is expensive and requires government handouts to make it happen.
Two plants in New Hampshire are shutting down because the Governor just vetoed a clean energy price support bill. Now New Hampshire may over turn the veto but politics rules this industry.
Biomass Secure Energy (a Canadian company) has the support of the state of Louisiana, the Torrification patent from RBE, the support of the Natchitoches LA Port Authority, the Power Company MOU to buy the pellets and the state guarantee of a $60 million bond to build the plant and start production. Yet this project is still on hold for no given reason.
So all this talk about a project is just that>>>>>Talk.
FASC makes a product nobody really wants right now. May be when Sanders gets elected things will change but Natural Gas is king and will remain king for a long time.
Just my humble opinion
All,
Please be careful when looking at stats like RSI:
BREAKING DOWN 'Relative Strength Index - RSI'
The relative strength index is calculated using the following formula:
RSI = 100 - 100 / (1 + RS)
Where RS = Average gain of up periods during the specified time frame / Average loss of down periods during the specified time frame/
The RSI provides a relative evaluation of the strength of a security's recent price performance, thus making it a momentum indicator. RSI values range from 0 to 100. The default time frame for comparing up periods to down periods is 14, as in 14 trading days.
Traditional interpretation and usage of the RSI is that RSI values of 70 or above indicate that a security is becoming overbought or overvalued, and therefore may be primed for a trend reversal or corrective pullback in price. On the other side of RSI values, an RSI reading of 30 or below is commonly interpreted as indicating an oversold or undervalued condition that may signal a trend change or corrective price reversal to the upside.
Read more: Relative Strength Index (RSI) https://www.investopedia.com/terms/r/rsi.asp#ixzz5HmHNE9oW
Follow us: Investopedia on Facebook
HYS
Please keep in mind a "request" is not a sale.
What I look for are the cash payments. On the 8th they "reported" about $20K on cash payments. Now if this continues and may be increases over time, you are looking at a cash inflow of about a million per month. Given a net before taxes, interest, and depreciation of around 20%, it means a net profit of $2.4 million.
Now with 650 million shares outstanding, the earnings per share is horrible. But execute a 10 for 1 reverse split and the earning per share go to 4 cents per share. Multiply that by 25 (for a fast growing company) and you have a $1.00 per share price in a year.
The issue is the company needs to publish the financials and the lawsuit needs to go away in the next three months.
IMO
Seven days and no posts.
Has FASC finally gone "dark" or has it listed itself under a new symbol that only the "chosen" few have access. Only the "chosen" few seem to have access to the boys in Canada.
Hey Buddy,
I think you are a little high with this one. 12 cents per share means a market cap of 72+ million dollars for a company that has not earned a single dollar in revenue. They do not project revenue until 3 quarter 2019. And then it is only around $40 million total revenue at $200 per ton of material for an entire year.
Unless they adopt a 1 for 10 reverse split, the stock will have a hard time getting to 5 cents per share in the next 18 months given 600+ million shares outstanding.
Just my humble opinion.
I guess no one on this board has the "willingness" to get any answers to machine sales in 2017. I just get ignored by the company.
All,
Would someone who Brian and Company will answer the phone, please call and asked them how many units they sold last year and what do they make in gross profit on each machine by S-Type.
This "FBI Game" we are playing is just crazy. We put good money into this company and they have travelled the world looking for the "fountain of youth". Time to come clean.
How long does it take to delete 2016 data and add 2017 data?
Or is all this "big project news" just "Fake News" as President Trump would say.
With 17 dead people in Florida because the FBI does not have the time to properly do their job and the "big over blown deal" of 13 Russians trying to mess with your elections, this world is going to "hell in a hand basket". The Russians have been messing with free world elections since 1917. Ask the Germans, Poles, Brits, and the rest of the free world.
Give me the old days where men were men and sheep ran scared!
I-Man
Who knows what is going on. I too have seen strange things over my lifetime of 69 years.
Maybe Lee will get out early or there is someone looking for an easy way to list a "new enterprise."
Still holding but unsure why.
Cousin
Mister Lee is in the Federal Pen!
Should get out around Mid 2017 with time off for good behavior.
Wonder if his relatives are planning a "get out of jail" party.
Lawsuit claims update
I checked with the Claims Administrator (Strategic Claims Services) about the status of my claims. They replied they are in the calculation of total claims submitted and that verification process.
They said it will take months to verify all claims and calculate what each share will receive. They said such processing can take up to a year with the start date of May 2015.
Don't look for anything soon on the lawsuit. And as long as this is in the works, don't look for anything from LLEN. Matter of fact I think all the company property has been stolen and stocked away waiting for Lee to get out of jail.
He will then return to China and live well off of our money.
Net
Please explain to me just how this article relates to the sales of KDS. No where did I find reference to the KDS or FASC. If this is a important fact, please relate to us why. If this is just a general statement about the world wide carbon emissions reduction effort, please so state.
thank you
Never
Lawsuit update
8-03-2015
Case closed and settlement is approved. Leads got $5000. Lawyers got $1.3 million. The rest got about $0.04 per share in a couple of years once the lawyers get around to sending out the settlement. Until then the share holders are paying for the trips to Europe for the lawyers on interest earned.
We will see if this loser company will post anything about the settlement, financials or who now owns L&L Energy assets.
Farewell to all and better luck in your next lives.
I-Man
Today, L&L Energy pleaded guilty to one count of securities fraud. The Government and the company have agreed to recommend to the judge the following punishment.
The company will be on probation for 5 years
and
The company will not list its stock on any US securities exchange nor sell any stock to any US citizen. It will not use any private placement as well.
Looks like we are holding worthless paper.
The hearing on this matter will be on 24 April.
It also was agreed there would be no compensation recommendation because it would hold up the settlement process and it would be too difficult to determine who lost what.
Small investors screwed again.
I Man
I have been in contact with the US District Washington State court about the Lee case. The January 9th sentencing was cancelled because the judge had an emergency. It is now scheduled for February 20th.
Also, the LLEN company trial is scheduled to begin on February 17th in Federal Court.
I have contacted the Carson City Nevada District court on the results of the lawsuit settlement. I was told my request will be processed on a first come first serve basis.
The wheels of justice really move slowly and are not intended for the little guys.
Finally, I will never get over what Lee and company have done to me as an investor. I have not bought another stock since and firmly believe the whole system is crooked. I sometimes wish ISIS would carryout their "hate" on all CEOs/CFOs. It would truly make the world better.