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Posts | 9,339 |
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Alias Born | 03/29/2017 |
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Share Structure still looking great. $ASCK ready 4 the bounce.
Nice summary bro. Excited here for $TVOG. Near 52 week low, good share structure and pending HUGE news.
Bro, we get it. Relax. Market is closed. GL.
Tomorrow is a new day. Lets see if $ASCK can get back on track.
Blood in the water.. Here comes the told ya so's lol.
What a trip man.. Dont like the volume I am seeing.
We are @ good buy in and good upside here. I got some this morning. Never know tho, OTC is a cruel mistress .
Got some info you wanna share 2 back up claims? Company just signed a land deal with Goldendale to build main facility 2 mass produce panels.
Love how they have contracts on hand for over 3.5 years of work. Etra production buildings @ Goldendale will boost the turnaround.
So thin 2 .03... $ASCK rebounding
Just in first week of new run.. Float is super tight. You know it brother.
Bid whackers did the job. Just part of the game. Nothing has changed business wise here.
Initially, the company will use $1.1 million and the Stage 1-All In costs are $100,000 to purchase 5 acres of already developed land. 2 buildings are to be constructed, 1 Production Building at 25,000 sq. ft. and 1 Support Building at 16,000 sq. ft. The cost of supply and erection of these buildings will be around $470,000. Plant & Production Line Equipment, which comprises level 1 Concrete Mixers and sand handling Equipment, Fork Lifts, casting tables and specialized equipment, will cost approximately $160,000 and Shop Equipment will be $90,000. The balance of of $280,000 will be used for working capital and expenses including wages and salaries, marketing, IR services and other working capital and reserves to commence production and revenues.
Marketing
Principal marketing efforts will be initially aimed at leveraging specific contacts and relationships that have developed over the last 10 years since the inception of the founders ’ pilot plant. The company has interviewed and chosen an experienced sales person who will have the luxury of dealing with existing contracts and contacts.
At this point in time, the company has available contracts for the immediate supply of houses and other structures (apartment block etc.) valued at over $3 million but also has letters of intent from a developer and from a contractor to supply some 130 plus houses to their housing estates over the next few years. Delivery will be paced at the rate of sales but is expected to initially be in excess of 40 units per year. Auscrete's product is also extremely suitable for the construction of commercial and industrial structures. Company marketing will also explore the commercial world for applications and it is believed that such construction will become a large part of the company's future direction.
Financial Projections
Using a conservative estimate at an average value per sale of $150,000, the company is projecting first year sales of $ 4-6 million range escalating from there, once the new campus is up and running. At that rate, there are already approximately 3+ years of sales at hand. The typical structure will be a home in the 1,100 - 3,000 sq. ft. range that will sell to the contractor or developer for around $80,000 to $200,000 with the average being $150,000. Obviously, the company will look to increase output to meet the demand and expects to do this through internal financing.
Yeah, otc is a trip haha. Im sticking it out . I smell .10 city coming soon.
Hes that cheap?
Level 2 thinnn $ASCK wont stop.
Quarterly is old news still, up 2 Sept 30. They just signed papers middle August. Im grabbing and holding.
Yup. CEO interview you should check out.
https://research.ameritrade.com/grid/wwws/research/stocks/news/article?c_name=invest_VENDOR&docKey=100-270u1298-1
Its already near 52 week low with impending acquisition news maybe.. Never know tho in OTC.
lol peeps selling are going 2 regret it... Good news all around in it. $ASCK not stopping.
Nice my man. Float like this is a gift from above. $ASCK
Good volume day here @ TVOG. PR on acquisition deal im hoping 4 soon.
Yes. Very polite also.
$ASCK churning like a beast.
Huge revenue numbers Cheeky. $ASCK going 2 keep climbing.
Blessing from Cash is extraordinary.. $ASCK bringing the heat.
Just starting bro. $ASCK has some serious intentions. Most would have turned on the faucet already... $ASCK is in hyper mode.
Yo pepsi. Good Morning 2 you also. $RCHA
Sure is. CEO interview gives you depth 2 his character. He introduced the companies hardships 2 the conversation, not the host. Good team I believe.
Yup.. Contracts on hand for over I think 140 homes.. They are going 2 go after commercial sector now also. They think thatll be the future 4 the company.
GM ww! Good 2 see ya . $RCHA wont let us down.
Love it. Cup half full . $ASCK
Niceee Staley. Peeps stop the bid whacking we are in 4 a treat.
Nice Cheeky. $ASCk
Take that half a mil ask off and we are golden here. No volume yet.. GO GO GO.
Nickel and above peeps. Lets run this $ASCK train.
Redesigned website coming out.. New production facility.. Future deals worth millions.. Just a little.. So much more we don't know about yet IMO.
Niceee.
Nice, good 2 see you sweet. This is a keeper.
$TVOG machine is churning churning churning.
This is the beginning Cheeky. We in 4 fun ride.