Saturday, February 10, 2018 4:31:38 AM
35 homes in Goldendale and building 300 rooms hotel IN JAMAICA
During 2016, Auscrete also entered into agreement to set up a plant in Jamaica for the construction of 1,500 homes in that country’s NW. Auscrete is still pressing forward on that venture and, although it will be owned by the company, it will be funded separately to the domestic enterprise. The longer term will also see Auscrete build a 300 room Destination Hotel and Resort on the beachfront property allocated to the undertaking. The Principals have explored numerous funding proposals for this venture and with the initial investment of $16 million, consideration is being closely reviewed as debt service on this size of indebtedness is considerable.
Mr. Odom concluded that “with the low volume of shares in our company’s float, we believe this is a great opportunity for our investors to see excellent short and long term returns”.
https://www.econotimes.com/Auscrete-Corporation-ASCK-gearing-up-for-affordable-concrete-housing-
construction-613027Auscrete Corporation -
(ASCK) Finalizes Stage One Land Purchase and Embarks Upon Construction of Their New Production Facility
GlobeNewswire•February 8, 2018
https://finance.yahoo.com/news/auscrete-corporation-asck-finalizes-stage-180000261.html
Auscrete returns to Goldendale
http://www.goldendalesentinel.com/story/2018/02/07/news/auscrete-returns-to-goldendale/9947.html
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