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Last $0.0001 USD
Change Today -0.0039 / -97.50%
Volume 173.4K
FASC On Other Exchanges
As of 8:10 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

first amer scientific corp (FASC) Snapshot

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02/25/15 - $0.02
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first amer scientific corp (FASC) Details

First American Scientific Corp. engages in the manufacture and marketing of KDS Micronex System worldwide. Its Micronex System consists of an electrically powered disintegration/drying chamber and feeding system that utilizes kinetic energy and standing sound waves to pulverize various waste materials, such as biomass, pulp sludge, animal waste, food waste, rubber, glass, and other feed stocks into talcum-like powders that can be used as a combustible fuel or a high nutrient fertilizer. The company’s Micronex System is used in various applications that include conversion of biomass to combustible fuel or fertilizer; drying and grinding of pulp sludge and animal waste/municipal sewage/food waste; pulverizing of mineral rock to release precious metals; and micronizing scrap rubber and recycled glass. In addition, it holds patents for KDS Micronex System. The company offers its products to end users in the forest, pulp and paper, agriculture, and recycling industries. First American Scientific Corp. was incorporated in 1995 and is based in Abbotsford, Canada.

1 Employees
Last Reported Date: 11/14/11
Founded in 1995

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first amer scientific corp (FASC) Key Developments

SEC Revokes Registration Of Registered Securities Of First American Scientific

An Administrative Law Judge has issued an Initial Decision of Default as to First American Scientific Corp. The Initial Decision found that the company was issuer of securities registered pursuant to Section 12(g) of the Securities Exchange Act of 1934 (Exchange Act), and the company failed to comply with Section 13(a) of the Exchange Act and Exchange Act Rules 13a-1 and/or 13a-13 by not filing required periodic reports with the Securities and Exchange Commission (SEC). The Initial Decision finds these allegations to be true and revokes the registration of each class of the company’s registered securities, pursuant to Section 12(j) of the Securities Exchange Act of 1934.

SEC Orders Hearings On Registration Suspension Or Revocation Against First American Scientific Corp. For Failure To Make Required Periodic Filings

Securities and Exchange Commission (SEC or the commission) instituted public administrative proceeding to determine whether to revoke or suspend for a period not exceeding twelve months the registration of each class of the securities of First American Scientific Corp. for failure to make required periodic filings with the Commission. In this Order, the Division of Enforcement (Division) alleges that the company was delinquent in its required periodic filings with the Commission. In this proceeding, instituted pursuant to Exchange Act Section 12(j), a hearing will be scheduled before an Administrative Law Judge. At the hearing, the judge will hear evidence from the Division and the company to determine whether the allegations of the Division contained in the Order, which the Division alleges constitute failures to comply with Exchange Act Section 13(a) and Rules 13a-1 and 13a-13 there under, are true. The judge in the proceeding will then determine whether the registrations pursuant to Exchange Act Section 12 of each class of the securities of the company should be revoked or suspended for a period not exceeding twelve months. The Commission ordered that the Administrative Law Judge in this proceeding issue an initial decision not later than 120 days from the date of service of the order instituting proceeding.


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