AscenTrust, LLC., an existing Texas corporation, in good standing, wholly owned by it's Founder and Principal Engineer, was Incorporated in 2009 to act as a joint venture with an Australian Investor who was going to finance the prototype of the NTPBMR project. The Company now offers a broad range of Consulting in the Oil and gas industry, the Electrical Infrastructure industry, etc.
IDFS, INC. (International Diversified Financial Services, Inc.), an existing Texas corporation, in good standing, wholly owned by the Founder and Principal Engineer of AscenTrust, LLC., is the financial arm of the Matagordo Power Project. The power Project consists of the construction of a 100MWe, combined cycle power plant.
NITEX (Nitex International, LLC), an existing Texas Limited Liability Company filling Taxes as a C-corporation, in good standing, wholly owned by the Founder and Principal Engineer of AscenTrust, LLC.. Nitex will be used as the Corporate vehicle for the refinery project in Louisiana which will be referred to herein as the Pelican Bay Refinery Project
Advanced Software Development, Inc. , was originally Incorporated in the State of Delaware in 2000. The Senior Engineer was working on the implimentation of a HIPAA (Health Insurance Portability and Accountability Act) compliant Electronic Medical Records to be used in the rural medical clinics which we were designing and building for a local medical practitioner (In the Conroe area of Montgomery County, Texas). When the internet bubble burst we were left with nothing more than a working prototype which we had installed on a laptop running Windows XP. All of the software being developed by the Senior Engineer or his strategic Partners is being developed under the DBA of Advanced Software Development, Inc. .