Business
ASCK Auscrete Corporation Announces Uplisting to OTCQB Market
ASCK Auscrete Corporation Announces Uplisting to OTCQB Market.
About this update from Auscrete Corp
[{"type":"text","content":"\nGOLDENDALE, Wash., March 15, 2019 (GLOBE NEWSWIRE) -- Auscrete Corporation (OTCQB: ASCK) (the “Company”), which custom designs specialty Concrete Affordable Housing and Manufacturers of Building Products, today announced that its common shares have been approved for trading on the OTCQB Marketplace (OTCQB) under the symbol “ASCK” effective as of the open of trading yesterday.\n “The listing of our common stock to the OTCQB Exchange is an exciting milestone for Auscrete Corporation,” said John Sprovieri, President of Auscrete. “While ASCK has been a fully reporting company since its inception, and we always hold ourselves to the highest regulatory and compliance standards, we believe that the broader exposure afforded by the OTCQB will raise our visibility within the investment community and assist in increasing the liquidity of our common stock. In addition, we believe that trading on this established public market will help to generate exposure of our Company among institutional investors.” Mr. Sprovieri added, “even though 2018 turned out to be a somewhat disappointing year with a financing contract being scarcely supported, we came up short on total financing and had to look elsewhere. We were able to initiate the first steps with the minimal financing we received and expect to break ground in a few weeks for construction of our new Production Building on our land in Goldendale, WA.” About Auscrete Corporation Auscrete is a manufacturer of concrete-based building materials for construction of affordable housing. We are developers of specialty hybrid concrete insulated building components that are energy efficient, super strong and require very low maintenance. Lee Odom, the IR Director, was quoted as saying, “this uplist will definitely change the zip code for the Company, this looks to make for an exciting year ahead for ASCK as the housing market is critically in need of our products. Studies continuously show low cost housing to be one of the scarcest & most over-looked commodities on the globe today.” Mr. Odom also added, “Auscrete Corporation provides building materials to contractors and developers, for the construction of their thermally efficient and structurally superior 'Affordable Housing.'” Uptick Newswire will interview ASCK...