First America Resources Corp

First America Resources Corp

OOTC:MEGR
0.45
USD
-0.02
(-4.26%)
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Li Jian
Full Time Employees
60
Sector
Finance
Industry
Financial conglomerates
Address
Morris United States
IPO Date
May 14, 2012
Business
First America Resources Corp. (operating as Metech Group Inc., OTC: MEGR) is an environmental services and technology lifecycle management company that provides certified electronic waste (e-waste) recycling, Information Technology Asset Disposition (ITAD), secure data destruction, and secondary commodity recovery solutions. The company conducts its core business operations through its wholly owned operating subsidiary, METech Recycling, Inc., serving enterprise businesses, multinational corporations, financial institutions, healthcare providers, defense contractors, government agencies, data center operators, and original equipment manufacturers. The company's comprehensive product and service portfolio includes: enterprise IT asset disposition and lifecycle management services, providing end-to-end logistics, secure chain-of-custody tracking, testing, refurbishment, and value-recovery remarketing of retired enterprise IT assets such as servers, personal computers, laptops, storage systems, and telecommunications and networking equipment; certified data destruction and data sanitization services compliant with NIST SP 800-88 guidelines and Department of Defense standards, delivering on-site and off-site magnetic media degaussing, solid-state drive shredding, mechanical shearing, cryptographic wiping, and auditable certificates of destruction; electronic waste recycling and material recovery, utilizing manual de-manufacturing and automated mechanical shredding to process obsolete office electronics, circuit boards, telecommunications infrastructure, and medical devices; secondary commodity reclamation, extracting refined copper, aluminum, steel, plastics, and precious metals including gold, silver, and palladium for reuse in industrial manufacturing supply chains; hyperscale data center and artificial intelligence (AI) infrastructure decommissioning, providing specialized de-installation, rack removal, cable extraction, and component-level harvesting for high-density computing clusters; and specialized recycling pipelines for clean-technology assets, managing end-of-life photovoltaic solar panels and electric vehicle (EV) battery systems. First America Resources Corp. was incorporated in Nevada in 2010 (originally organized as Golden Oasis New Energy Group, Inc. before restructuring), with primary operational roots dating back to 1968 through the historical material recovery business of METech. The company maintains principal executive offices in Morris, Illinois, with operational headquarters in Gilroy, California, and operates five processing facilities across Gilroy, California; Denver, Colorado; Worcester, Massachusetts; Roxboro, North Carolina; and Salt Lake City, Utah, holding industry certifications including R2v3 (Responsible Recycling), ISO 9001, ISO 14001, ISO 45001, and ITAR compliance. In recent major corporate changes, the company completed a strategic corporate reorganization, formally changing its corporate name from First America Resources Corporation to Metech Group Inc. in September 2026 to align its public corporate profile with its operating subsidiary, accompanied by an OTC ticker symbol change from FSTJ to MEGR. Operationally, the company has expanded its service offerings to target rapid replacement cycles within enterprise cloud and artificial intelligence data centers, broadened its secondary processing capabilities for emerging green-technology waste streams including commercial solar panels and electric vehicle batteries, and strengthened operational integrations with affiliates First America Metal Corp. and First American Management Group Corp. to enhance nationwide scrap sourcing, logistics coordination, and commodity processing efficiency.