Subject: ASCK is on High Alert for Tomorrow's Trading

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After announcing a huge new contract in December ASCK seems to be on the right for 2016. Keep your eye out for new interview with the Company tomorrow.
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Company: Auscrete Corporation (Pink Sheets: ASCK)


Price: 0.06

Change (%): + 0.015 (33.33)

Volume: 66,097
ASCK Chart

Recent News

Auscrete Corp. in 19.6 Million Dollar Affordable Housing Development Next Spring

Rufus, OR, Dec. 01, 2015 (GLOBE NEWSWIRE) -- Auscrete Corporation, “ASCK” on the OTC, manufacturers of energy efficient specialty concrete site built affordable housing, announced Friday that they have sourced first level financing to establish their new building and casting plant. This will enable Auscrete to commence a contract starting next Spring for the construction of 130 affordable family homes.

The 19.6 million dollar contract will take 3 years to complete and there are indications that it could be extended to include a further 92 homes. The two housing estates have acceptable requirements for exterior appearance rules and the homes will range generally from Southwestern to Spanish and Ranch style.

The new plant will be able to produce the equivelant of 100 homes per year or a combination of residential and commercial structures. Auscrete’s existing pilot plant has a capacity output of only 4-5 houses per year.

Auscrete CEO, John Sprovieri said that the housing recession appears to have finally ended and all indications are that there is a buoyant and thriving developing housing market.

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