LAS VEGAS, June 30 /CNW/ - Mr. C.L.(Cal) Kantonen CGA Chairman of FASC
announces plans to change its name to Alternative Green Technologies Group
To launch the program, the company will first poll its shareholders
through an e-mail campaign seeking suggestions, opinions and recommendations
regarding the choice of a new name. Details of this will be formalized and
announced shortly. Please e-mail your comments to email@example.com.
Once we reach consensus on a suitable new name, we will change the
trading symbol and CUSIP number. Each shareholder of record will be asked to
return his share certificate to the transfer agent and will be issued a new
"green" certificate bearing our new symbol and name.
According to Brian Nichols, "we would like all our shareholders to
participate in the process of choosing a new name which more closely reflects
our business model and the value of our technology. With the pending issue of
our new patent for "recovery of fuel from biomass", new doors will be opening
soon for our technology as it makes its mark as a key environmental solution
in this time of uncertainty about the cost and supply of energy. Our
operations in Asia, particularly Malaysia, are making great strides in proving
the value of our KDS Micronex System in preparing palm waste (EFB) for
conversion to energy. Results of recent sales and new developments in Malaysia
will be announced shortly. With a new name and a new face, we will forge
forward toward new successes."
All our subsidiary companies and licensees will still use the "First
Please refer to our web sites for further details www.fasc.net
Certain information and statements included in this release constitute
forward-looking statements within the meaning of the Federal Private
Securities Litigation Reform Act.
ON BEHALF OF THE BOARD OF FASC
C. Kantonen, Chairman
For further information:
For further information: Web Site: www.fasc.net, Corporate
Communications, Toll Free: 1-800-561-8656