First American Scientific Corp.
| File:FASC logo.jpg | |
| File:FASC logo.jpg | |
| Private | |
| ISIN | 🆔 |
| Founded 📆 | 1995 |
| Founder 👔 | |
| Headquarters 🏙️ | Abbotsford, British Columbia |
Area served 🗺️ | |
Key people | Brian Nichols (Chairman, President, and CEO) |
| Products 📟 | KDS Micronex |
| Revenue🤑 |  86,106 USD (2011) |
| Members | |
Number of employees | |
| 🌐 Website | http://www.fasc.net |
| 📇 Address | |
| 📞 telephone | |
First American Scientific Corp. manufactures and sells the KDS Micronex, a patented grinder-dryer which grinds and dries materials in a single-step process without needing any heat input. It is a publicly traded company located in Abbotsford, British Columbia.
History[edit]
Incorporated in 1995,[1] the company initially licensed the KDS (Kinetic Disintegration System) technology from Spectrasonic Disintegration Equipment Corp., the technology's original developer.[2] In 1999 First American Scientific Corp. purchased the patents to the KDS technology,[3] and since then has added additional patent protection.[4][5][6]
For the fiscal year ending June 30, 2010 annual revenues exceeded $1 million for the first time in the company's history.[7]
On February 1, 2011 the company's long-serving Chief Financial Officer and Chairman of the Board of Directors died.[8] Calvin L. Kantonen had served as Chief Executive Officer and/or Chief Financial Officer since 1999 and as Chairman of the Board since 2000.[9]
On April 22, 2015 the SEC suspended First American Scientific Corp. until May 5, 2015 because it had not filed any periodic reports since the period ended March 31, 2012.[10]
On July 10, 2015 the company's registration was revoked by the SEC.[11]
On August 29, 2017 the company formed Micronex Systems Inc, a subsidiary private company to improve the brand recognition of the KDS Micronex.[12]
References[edit]
- ↑ "Nevada Secretary of State website".
- ↑ "First American Scientific Corp. annual report". Securities & Exchange Commission filing. June 30, 1996.
- ↑ "First American Scientific Corp. annual report". Securities & Exchange Commission filing. June 30, 2000.
- ↑ "Cryogenic comminution of rubber". United States Patent and Trademark Office. April 23, 2002.
- ↑ "Method of recovery of precious metals & heavy minerals". United States Patent and Trademark Office. April 19, 2002.
- ↑ "Recovery of fuel and clay from a biomass". United States Patent and Trademark Office. January 14, 2004.
- ↑ "First American Scientific Corp (FASC – OTCBB) announces 2010 sales to date top $ 1 million USD". Press release via World Stock Wire. February 17, 2010.
- ↑ "First American Scientific Corp. form 8-K current report". Securities & Exchange Commission filing. February 2, 2011.
- ↑ "First American Scientific Corp. annual report". Securities & Exchange Commission filing. June 30, 2000.
- ↑ "Securities & Exchange Commission Order of Suspension of Trading" (PDF). Securities & Exchange Commission. April 22, 2015.
- ↑ "Admin. Proc. File No. 3-16505" (PDF). Securities & Exchange Commission. July 10, 2015.
- ↑ "Micronex Systems Inc is ready! Company news". Micronex Systems Inc. August 29, 2017.
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