GOLDENDALE, 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.
“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’s President on the Stock Day Podcast next week to discuss the Future Direction and Projections for Auscrete.
This interview will be available for listeners Tuesday, March 19th at 9:00 am ET. Please visit Uptick Newswire’s website https://upticknewswire.com/ to hear the entire interview.
About Uptick Newswire and the “Stock Day” Podcast
Founded in 2013, Uptick Newswire is the fastest growing media outlet for Nano-Cap and Micro-Cap companies. It educates investors while simultaneously working with penny stock and OTC companies, providing transparency and clarification of under-valued, under-sold Micro-Cap stocks of the market. Uptick provides companies with customized solutions to their news distribution in both national and international media outlets. Uptick is the sole producer of its “Stock Day” Podcast, which is the number one radio show of its kind in America. The Uptick Network “Stock Day” Podcast is an extension of Uptick Newswire, which recently launched its Video Interview Studio located in Phoenix, Arizona.
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“Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: Certain statements contained in this press release are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can generally be identified by their use of forward-looking terminology such as “may,” “expect,” “intend,” “estimate,” “anticipate,” “believe” and “continue” (or the negative forms thereof) or similar terminology. Such forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results or those implied by such forward-looking statements. Investors are cautioned that any forward-looking statements are not guarantees of future performance and that actual results may differ materially from those contemplated by such forward-looking statements. Auscrete Corporation assumes no obligation and has no intention of updating these forward-looking statements, and it has no obligation to update or correct information prepared by third parties that is not paid for by Auscrete Corporation. Investors are encouraged to review Auscrete Corporation’s public filings on SEC.gov and otcmarkets.com, including its unaudited and audited financial statements and its OTC markets filings, which contain general business information about the company’s operations, results of operations and risks associated with the company and its operations.