TR, Charlie, Sleepin and others,
Here is my report from Cal Kantonen,
I have both Bad news and Good News.
First the bad news...., The Confirmation from Austria was not what I was guessing it was. Energy Cabin hired David Dungate away from FASC. The person at Energy Cabin was then fired and so was David Dungate. David did move to New York to be Energy Cabins North American Rep., Now he is there jobless as much as Cal knows. I think Cal is still hoping for a relationship with Energy Cabin.
We have nothing to do with North American Pellot systems.
Energy Cabin does owe FASC money for Naskup.
The good news is...There are the three sales, 2 are paid for and will be delivering this next month. One is still in the deposit stage. There are approx. 30 quotes out but only the
three sales stated.
Brian and Cal have both assured me that they will be paid back by sales down the road, not off the back of shareholders. He
is very interested in the longs, but not the day traders. I will be E-mailing Sleepin a little about this.
The Gentleman building the Machines is a shareholder and he is
the accounts receivable debt. He gets paid when FASC gets paid.
Cal said he shared nothing with me that is confidential and it is public information.
Cal did say that he is here for the long haul with FASC. He has 8 years and a huge investment in FASC.
I hope you consider this informative. It is all I have.
Thanks,
RJ
