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Could it be possible for little Johnny to sell his shares without us knowing?
He certainly isn't giving himself freebies because he thinks this will become a real business.
Nice increase of 21% today on 26X avg volume!!
Can we get some interest and an update from management?
O/S updated to 56.8 million shares on the OTC markets page for ASCK.
It was under 4 million shares prior to that. So another massive self payment has been made to John and Co, probably a 50 million share payment to them, we should see that in the 10-Q due out this week.
Market cap of the company is now $3 million, based on 5.4 cents a share.
They have NO truck to move product - if they even had any product to move
Look at the financials = NO TRUCK
....and this is reflected in a pps that has been steadily declining for the last 5 years plus numerous RSs?
Wow...that many Questions?, did you ask yourself to first check around?...
Go to the newly designed (still under construction)ihub Auscrete main page!....you will find info you need, go to the bottom and watch the latest Sept15 2021 video conference, pretty impressive one to know learn more about what Auscrete is upto!
Any word from Management what they have planned for the rest of the week to increase their long-suffering shareholders value?
How about what they have planned for next week?
Next month?
The rest of the year?
Has Management said anything about their plans for next year?
What is Management doing?
What are they doing to earn the shareholders confidence and trust?
Nice new website too!
https://auscretehomes.com/
I'm feeling a pulse.....
52 Wk?
0.0450 +20.00%
on 09/14/21
Period Open: 0.0960
0.7600 -92.89%
on 02/17/21
-0.0420 (-43.75%)
since 10/26/20
it is not only a different type of concrete but eco friendly and more!!
recent Sept video conference is quite an eye-Opener!
From the iHub ASCK Board page!!..
These numbers translate into 550 homes, at an average conservative turnkey price of $150,000, produces revenues of $82.5 million over 2 years. With a net income of around 25%, this would potentially produce $20.5 million or about $10.25 million per year.
Overpriced. A nickle is 5x what the whole company is worth.
https://mb.com.ph/2021/10/06/us-navy-sells-two-former-aircraft-carriers-to-shipbreaker-for-1-cent-each/
Still here haha
Someone bought a single share for a nickle today??????????
Published Bid & Ask is gone next week for all shell labeled companies
Like ASCK
New SEC mandated rules for shells and delinquent filers.
Bag holders think ASCK is hard to get off the bottom of your shoe now
Wait until there's NO public quote
It will end funding via dilution for these imaginary companies.
Lottery ticket would have better odds.
Maybe I'll throw $50 into this when it reaches sub penny land and see what this pig can do.
$ASCK on the Emerging Growth Conference:
Found it. Just watching now.
TOXIC DEBT is only THING produced in 6 years of publicly trading
I see it was scheduled for yesterday but I can't find a link to listen. I assume it would just be a repeat with recycled news like the last few they did.
They are always extremely close to building something but just never happens. The more I researched this it made me understand how competitive and hard it would be to actually happen.
If you can tell me how their technology is different or better than the hundreds of other concrete builders I would love to hear it.
Shell Companies lose electronic quote in 8 days
Sept. 28th
There will be NO visible bid & ask
back to the old days of “paper stinky pinkies” for ASCK
This is a shell labeled company
Not an Emerging Growth company as they paid to be portrayed as on the video
Did this happen? Any news? Link to replay?
Thanks.
Trading publicly for 6 years with NO REVENUES or PRODUCTION
Now tries to label itself as an emerging growth company
LOL
$ASCK Live on the Emerging Growth Conference in 30 minutes!
The Link to Register to Interact Live with the CEO's is here:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165918728
Other Companies Presenting:
$TOMDF
$CYDY
Presented Earlier:
$NSAV
$EGLX
$AVCN / $AVCNF
$BETRF / $BETR
$SWISF / $SWIS
$LFAP / $LGBT
$FTXP
$ASCK is presenting on Emerging Growth Conference 16 Today!
The Registration link to interact Live with the CEO is here:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165918728
Companies Presenting:
$NSAV
$EGLX
$ILUS
$AVCN
$BETRF / $BETR
$SWISF / $SWIS
$LFAP / $LGBT
$FTXP
$ASCK
$TOMDF
$TPTW - Postponed to 9/29
$CYDY
$ASCK Auscrete Corp. CEO Live on the Emerging Growth Conference on September 15, 2021
Registration Link here to interact Live:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165853519
Who else would you like to see?
email:
Conference@EmergingGrowth.com
or
Call the number here:
http://EmergingGrowth.com/Conference
Weekly UPDATE: take delivery of ASSCRETE certs, they can be used in place of toilet paper in case of another COVID-19 related TP shortage, that's the only way to get the true value out of this company's stock.
Be careful though the ink will probably run.
There's definitely a greater chance of the ink running than there is the stock running,
Unless it is to .0001, then the stock will run very rapidly.
They did put up a small shed on last property from what I remember. Lol
These guys are NEVER going to build a house imo.
How much $ is needed to produce nothing?
ROFLMAO
10-Q Summary
Here are the highlights of the just released 10-Q
"Revenue for the six and three months ended June 30, 2021 and March 31, 2021 was $0 and $0 respectively."
"We have had minimal operating activity since inception of the company in 2010. Our 2021 short-term obligations are being covered by funding received from convertible notes. with a total value of $135,000 issued in 2021."
"As of June 30, 2021, the Company had inadequate cash to operate its business at the current level for the next six months and to achieve its business goals. The success of our business plan during and beyond the next six months will be provided by additional loan financing of a minimum of $300,000."
No business, no sales, no revenue, more notes and loans and stock dilution on the way. Thats it, you're all caught up. A little different picture than that created by the press releases.
So you enjoy fiction (LIES)??? I prefer Stephen King or John Grisham
See my last couple of posts about their "FABRICATIONS"
The statement you are referencing is another "FABRICATION"
July 28th post
Auscrete plans on proactively releasing further relevant Company news releases weekly in an effort to keep shareholders and others apprised of the many new and positive events happening within in its organization.
Did I miss the last few news releases?
RB Cap must be proud - 3 1/2 years in and
ASCK has shown NOTHING
ZERO --- ZILCH!!! Just more debt!!!
with PowerUp, Crownbridge, LG Cap, and anyone with the IQ of a Geranium
The OPPORTUNITY COST to RB Cap must be HUGE by being involved with ASS-CRETE
Maybe they both need a conservatorship more than Britney does
the last PR mentions the word “Fabrication” the only place that is happening is in the PR itself
The PR says:
“the funding has allowed ASCK to acquire its facility”
There's the "FABRICATION" going on!!!
They are “RENTING” a small portion of a SHUTTERED aluminum plant for $2,000 a month
it is in the audited financials
NO FACILITY WAS ACQUIRED!!!
Yeah. I know what you mean. At least it's a current communication.
Come on you guys!!!
The press release says RB capital has been funding Auscrete's expansion and operation for about 3 years. Auscrete has made the materials for one small house, $13k revenue, over the last 3 years.
When they had a blog, they put up pictures of their empty lot, their equipment, their pickup truck, but after their first home was built, no pictures. That was a year ago. Since then, no revenue, and no new contracts signed, so, that first home did not go well.
Their press releases frequently mention how many inquiries they get about making materials for new homes. But they never announce new contracts. Here is how those inquiries go:
"Hello, yes I'm interested in your auscrete product, for the construction of some new homes"
"Of course, what would like to know?"
"Have you built any homes with your auscrete product yet?"
"Yes, there was one home built last year"
"Can I see it?"
"No."
"Why can't I see it? Do you have any pictures at least?"
"That is not public information"
"OK... have you built any other homes or buildings, since that one home last year?"
"No"
"So just the one home. That I can't see, that you have no pictures of"
"Thats right"
"Good bye"
Seems like good news. Crickets.
RB Capital Partners, Inc. CEO Brett Rosen Funds "ASCK" $700K Factory Facility for Auscrete Corporation
https://finance.yahoo.com/news/rb-capital-partners-inc-ceo-120000194.html
Expansion comes before Revenues in only two places.
1. A Dictionary
2. An ASCK press release
In the real world, revenues drive expansion
Not in John's world
John has yet to figure that out yet
We just passed the two year anniversary of this news release on a $1 million order for material for 8 homes:
"https://www.barchart.com/story/news/3389270/auscrete-corporation-asck-production-commenced-with-first-1-million-order-on-books"
But their financial reports over the last two years never reported this 1 million dollar order, never mentioned this eight home deal.
Their press releases say they are in production, but the only revenue they have ever reported in their financial reports is 13K from a demo home in the third quarter last year.
They have a financial report coming due in about two weeks. Their report for the first quarter 2021 showed no revenue, as did the fourth quarter of 2020, despite their press releases that claim they have been processing orders and are in production. How much revenue will they report for the second quarter with all this activity they claim is going on? Any guesses? My guess is zero.
Auscrete plans on proactively releasing further relevant Company news releases weekly in an effort to keep shareholders and others apprised of the many new and positive events happening within in its organization.
Finally some news.
Home Construction Demand Drives "ASCK" Auscrete Corporation's Factory and Equipment Expansion
https://finance.yahoo.com/news/home-construction-demand-drives-asck-212400090.html
ASCK will lose live electronic bid-ask in September like all shell companies will when the new rules become effective per SEC mandate
It will be trading on like the pink sheets of old, where market makers have to pick up the phone and make a call.
ASCK is the only company (LOL) whose costs for their (imaginary) product have NOT increased in 5 years, it’s always been $100 - $105 per sqft.
In the real world, everyone has seen price increases NOT ASCK.
What does that tell you about this shell, that soon will be without a live Bid & Ask Quote?
Without the live quote, this will finally go the way of the dinosaurs
Never bought a truck to deliver the product after all the money they took from notes
It's nothing more than a paycheck & insurance premium covered for the CEO
He will lose that soon, shell companies will lose their electronic Bid-Ask
they will be like the old pink sheet days with only trades done by phone market maker to market maker with huge spreads and NO liquidity
read the link, an early tombstone for the ASCKs of OTC Markets
FINRA is making OTC Markets get their house in order
https://blog.otcmarkets.com/2021/01/26/transforming-the-otc-markets/
If people would simply look back a few years at old news they would see Asck runs the same news over and over.
They choose a new location and always claim they are so close to building houses. Now they are running out of options because people don't believe the BS anymore.
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