Auscrete Corporation (ASCK)

[piker86]

Yes, 0.00006 per share under the pre-split structure. Bottom line is the market capitalization which is now about $300k. What I think you have to decide for yourself as an investor is how much further dilution you think is going to happen. If you think the shares are going to continue to grow like they have been for what ever reason, remaining notes or because you think this company is a scam, then you shouldn't buy. For me, I have sold all my other stock, which isn't much, and put everything into this one.

Auscrete misses every projected date they give for progressing on the plant and starting the company, but that is the nature of doing something that you have never done before. The company I work for does the same thing, they put out schedules based on what they know has to get done, but they don't know what all has to get done because they have never done it before. Ask Ford how long it will take to build a truck and they can tell you accurately because they have done it a million times. Ask Auscrete how long it will take to build a plant to produce concrete construction materials from a mixture that has never been mass produced before and they will grossly underestimate what it will take. But its still a great product I think and I want to be part of it.