InvestorsHub Logo
icon url

TRCPA

06/21/05 3:37 PM

#9680 RE: beischens #9679

Beischens..........

"First American Scientific Corp Malaysia Sdn. Bhd., the exclusive licensee for FASC in Malaysia, Singapore, Thailand and Indonesia, is owned 50 % by FASC. The new technology MF-777 (patents pending) is owned 100 % by FASC and will be utilized in its operations worldwide."

TR

P.S. I always read very closely when you do your utility "numbers, numbers, numbers" thing. Thanks very much.

icon url

Jagman

06/21/05 4:04 PM

#9682 RE: beischens #9679

beischens, FASC is probably just an equipment supplier, why would they get a "cut" of generation revenue? They never PR'ed or said anything in filings about being a partner in a power plant nor do they have funds to "partner up". Would a boiler supplier get a cut too?
icon url

TRCPA

06/21/05 4:10 PM

#9684 RE: beischens #9679

Beischens......therefore with FASC being a 50% owner and your projections for the plant being between $3 and $6 million annual profit, FASC @ 50% ownership would be looking at an annual take of between $1.5 and $3 million.

And another $1.5 to $3 million annually for the sister plant.

And then we go from there with the other projected plants and KDS sales.

Should also be interesting to see what the price will be for the new KDS-MF777.

Might guess that it would be more than $250K, from the looks of it.



icon url

tenzzi

06/21/05 4:19 PM

#9685 RE: beischens #9679

does FASC get ANY of that? I don't see that indicated tho I'm not disputing it...I saw it as just the outright sale of 1 (so far) MFer 777. Is this a JV...? If so I apologize for continuing to prove my dumbness....lmao.....10-Z