Auscrete Corporation (ASCK)

[LesLV]

4/16 from Blog...

Going forward, as ASCK continues to add assets to the books which will bring revenues into the near future of ASCK, the avenues of funding and financing have become more conventional, allowing ASCK to steer away from high-risk funds, which often become “toxic notes.” The management at ASCK feels that they have turned that corner, which will enhance shareholder value, both in the near-term and especially for the longer-term value investors.

During the 1st quarter of 2018 ASCK has made significant strides towards moving to becoming a revenue producing corporation with assets on the books below market value.

Long term financing secured – away from the customary convertible notes.
Stage one bridging funding of $200K already secured and being used.
Land Acquisition for the flagship facility in Goldendale WA is complete.
A temporary HQ and equipment refurbishing facility has been leased.
A newer Ford F150 work truck has been acquired to augment the currently owned F250 which is being overhauled, giving ASCK two-daily work trucks.
The company’s 1996 Volvo WIA road tractor is undergoing refurbishment in preparation for the company’s product deliveries to building sites.
The existing hydraulic casting tables are being resurfaced to enhance the final appearance of the cast wall and roof panel products.
The Industrial Property site plan has been produced for approval.
The new production building designs are complete and out for bids.
Some specially designed and built imported machinery has been organized