Auscrete Corporation (ASCK)

[piker86]

Last time after the reverse split the stock was trading at a similar level just below a penny a share, then suddenly it crashed to .001 to .002. Then the information about the sudden expansion from 3.5 million to 57 million shares became visible on the OTC markets page. The massive share increase didn't show on Schwab until the next quarterly report came out, when we learned the additional 53.5 million shares was a self payment to ASCK insiders.
Lee Odom, the PR guy at ASCK, said in a press release that shareholders shouldn't be concerned about the massive dilution because none of the insiders are going to sell their stock anytime soon. As if that matters in the earning per share or revenue per share statistics that drive the price of stocks. John and Lee are not only crooks they are apparently idiots too.