Auscrete Corporation (ASCK)

[mdimport]

I don't think any company can state profitable completion, irrespective of it being listed on a Quote Service or Traded Exchange. There are unknown risk factors which make publication of the kind of profitability forecast you're looking for a huge litigation liability risk.

Having said that, if $ASCK could show paperwork and connected the dots leading to actual construction (show the signed contracts with the real prospective buyers + timelines), some investors may have considered it risk worthy. $ASCK haven't gone that far.

The facts as the market understands them right now is that some time between 04/01/2019 and 07/17/2019 $ASCK became the proud owner of a small leased space + $90,000 cash. This as a result of having defaulted on the $100,000 acquisition of the optioned 5 acres of land and failing to erect a building by around March 2019. Details of that will be reflected in the 2Q2019 10-Q.

So the land acquisition bluff cost $ASCK $10,000 net cash. I guess one could try to work out how much cash has been raised in the form of $ASCK share sales based on that optioned land to see if the "land acquisition news" was a net cash generator.

One would need to factor in the $14,500 cost of the OTCQB application and listing fees to be accurate.



https://www.goldendalesentinel.com/story/2019/07/17/news/peck-tells-city-something-big-is-coming/11948.html

Reflecting on it now, its unlikely $ASCK builds anything in 2019.