Auscrete Corporation (ASCK)

[piker86]

June 10-Q is out. No blog post about it.

No revenue again, meaning they still have never reported any revenue in financial report, just in PRs.

However that streak of zero revenue should end with this 10-Q, because it says this under subsequent events:

"Auscrete entered into a sales agreement on July 30 with Real Estate Developer, Michael Nillson for supply of housing and structures throughout the Columbia Gorge Region of Washington and Oregon States. The renewable agreement is open ended and gives Mr. Nillson access to an array of housing structures to be constructed over each one year period.

The first home is a 360 sq. ft. small display home in Lyle, WA and materials production commenced on August 10th with construction due to commence on August 25. The agreement gives Mr. Nillson preferential supply dates and covers him for a 6% incentive on sales."

Is that true? There is a Michael Nilson (one L) who is a realtor who lives in the Columbia Gorge area.

Its not much but its a start.