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ARSC.OB - a good dynamic.A winner

Started by sebfr, November 02, 2005, 02:09:27 AM

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sebfr

Hi,
i suggest to buy ARSC

technicals :
It is in an uptrend
good volume
third wave (eliott wave) ! The best !

news :
HOUSTON, Nov 01, 2005 (BUSINESS WIRE) -- American Security Resources Corp. (ARSC) announced today that it has closed its acquisition of privately held EGO Design Inc. EGO Design has proprietary, silicon-based, hydrogen fuel cell technology.
ARSC has created a wholly owned subsidiary, Hydra Fuel Cell Corporation (Hydra), to develop, manufacture and license the hydrogen fuel cell technology which it acquired in the acquisition of EGO Design.
Hydra has targeted the fixed power market of 5kW to 40kW as the initial market for its fuel cells which will be the first commercially mass producible of their type. Hydra expects to have units deployed to potential customers before the end of the year.
"A less than 20% penetration of the fixed power market will yield sales of over $100 million within two years," said Joe Grace, President of ARSC, "and potentially over $1 billion in sales within 8 years. This is just the first market we are going to develop for this break-through technology."





sebfr

American Security Resources Ups Ownership to 100% of eGO Design; ARSC Anticipates Signing Letter of Intent to Acquire Telecommunications Company with $10 Million in Annual Revenues
11/8/05       

HOUSTON, Nov 08, 2005 (BUSINESS WIRE) --
American Security Resources Corporation (OTCBB:ARSC), announced today that ARSC has acquired 100% ownership in eGO Design. ARSC had previously reported it planned to acquire only a 49% ownership position in eGO Design, along with the exclusive worldwide rights to manufacture, license and market the company's revolutionary technology for silicon-based, hydrogen fuel cells.

"Our due diligence confirmed 100% ownership of eGO Design offered our shareholders an even greater opportunity than we had previously envisioned," said Joe Grace, President of ARSC. Grace went on to note that the company is currently in discussions with two companies for field testing locations.

"In addition to the eGO Design acquisition, ARSC is also in negotiations with a privately-held telecommunications company that owns a subsidiary that provides 24/7 corporate network security monitoring," added Grace. "They currently have annual revenues of $10 million with positive cash flow. We hope to have a Letter of Intent to acquire this company within the next two to three weeks."

About American Security Resources Corporation

American Security Resources Corp. is a holding company actively seeking to acquire profitable, well-managed companies that provide products or services for homeland security and national defense. For more information, please visit our website at: www.americansecurityresources.com.


::)

setravis

moving on to the upside.
nice pick  sebfr , Applaud....
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

gmarc66

Good volume today...had a pr...tried to test the last  pps high set several days ago. Needs to break that .06.  So far holding the 50ma. Volume very good today.

Tuesday, January 23 2007 9:30 AM, EST

ARSC Hydrogen Formulator May Trigger ''Hydrogen Economy''

Business Wire    "US Press Releases "

HOUSTON--(BUSINESS WIRE)--

American Security Resources Corporation (OTCBB:ARSC) announced that it is developing a technology to formulate hydrogen that will change the economics of producing hydrogen sufficient to enable the hydrogen economy.

In an interview on AudioStocks.com (www.audiostocks.com), ARSC CEO Frank Neukomm revealed that the company's subsidiary Hydra Fuel Cell Corp. was successfully upgrading an experimental method of producing hydrogen originally developed at a U.S. university.

Ben Schafer, CTO of Hydra Fuel Cell Corp., speaking on The Bill Chippas Show, (www.billchippasshow.com) said that currently the cost of producing a kilogram of hydrogen was around $7 to $8. Using this new technology, the cost of producing hydrogen could drop below $2 per kg, which is the DOE threshold to make hydrogen competitive with established energy sources.

Bob Farr, President and COO of ARSC, stated, "We expect the ability to produce hydrogen on demand using this technology will be a much bigger business for us than the fuel cell business."

American Security Resources Corporation

ARSC is a holding company actively seeking to acquire companies and technologies that will advance the development of clean energy. ARSC, through its Hydra subsidiary, is developing high volume, mass producible hydrogen fuel cells. For more information, please see: www.americansecurityresources.com


gmarc66

#4
ARSC broke over the gspot of .05, and then finally broke over the .06 res. as well, pretty. :)

glta

julia