Auscrete Corporation (ASCK)

[CoodBMoney]

I agree. But, using your example, the company has already raised alot of funds as a "public" company. The "public" now values this company at less than $20,000. If they could get SBA financing (and now that they are building in a small town with population of 3600 vs 230 for Rufus) they probably can... So, to be able to buy back your public company for less than $20,000 is a great deal. If things work out and you take it public again, one could expect to be worth much more than the scenario you presented. Or if things work out, why go public at all? Just keep the profit.
As you probably know, going public is usually a way of cashing out to some extent not a way of raising funds. Although once public, issuing more stock is a way of raising funds, as long as there are investors willing to buy it.