Replies to post #21120 on Auscrete Corporation (ASCK)

[javi2003]

Thanks for posting this. Adar Bay thanks for very cheap shares. Opportunity is here.

[papadedavid]

Yep....I checked and it's true...very transparent company here.

NOTE 3 - RELATED PARTY TRANSACTIONS

On September 27th. 2016, a related party advanced a short term loan of $50,000 to the company. The loan was repaid out of a convertible note issued to ADAR Bays during October.

https://www.otcmarkets.com/filing/html?id=11701410&guid=PzQfUnncHesF_3h

Page 5

[Blunt_Buyer]

Update from blog yesterday on Adar Bay-
This morning Adar Bay filed a SC-13G, stating that the their company owns a position 9.99% of the outstanding shares as required by the SEC.

Adar Bay has been a long-term lender and investor in ASCK, these shares were converted from a note that originated in 2016, and could have been converter much earlier. Adar Bay chose to wait until the company was about to emerge with revenue forecasts and capture cheap stock prices they feel will not last.

However, instead of putting their shares into the market, they have chosen to hold the stock for the revenue producing days ahead.

Most companies in their industry try to avoid any SEC paperwork, however Adar Bay thought it to be worth it in this case.

[griffygriff3]

YesSiree, buk199, great info. from BLOG, appreciate you posting it here!

[ChillinZX]

There's been 2 R/S's since then. A lender holding makes no difference, they convert to cash whenever they please, and always at a profit, never a loss. Dilution is here to stay, monthly, as noted in 8K. Next 10Q will show you the new notes beyond Feburary.

[Arnold25764]

Is there still notes converting?