, The Green Pennies Stock Report: 10/16/17


Monday, October 16, 2017

Auscrete Corporation Forward-Looking Analysis

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Business Information:

Auscrete Corporation
Ticker: ASCK
0.0038  a/o  October 13, 2017
UP 0.0009 points or 31.03%

Source: Yahoo Finance

Market Value: $26035 a/o October 13, 2017
Authorized Shares: Not Available a/o Not Available
Outstanding Shares: 6851239 a/o August 16, 2017

Source: OTCMarkets

PO Box 847
Rufus, OR 97050
Phone Number: 1(541)739-8298
Website: http://www.auscretehomes.com

Fundamental Analysis:

Manufacturer and Construction contractor of "GREEN" energy efficient housing and commercial structures built from Auscrete developed lightweight hybrid concrete/insulation wall and roof panels. Structures constructed of this medium are very low maintenance and, being concrete, are highly resistant to insects and mold. They have considerable mass and are highly resistant to hurricane forces and earth tremors. They will not catch fire and burn. The insulation value, which is very high, is not subject to settling as happens in wood structured homes. Auscrete is currently planning to expand its pilot manufacturing plant so that it can produce the equivalent of 100 +houses per year, depending on size.

Auscrete Corporation intends to manufacture construction products for commercial and residential structures. The company was incorporated in 2009 and is based in Rufus, Oregon.

Source: Yahoo Finance and OTCMarkets
https://finance.yahoo.com/quote/ASCK/profile?p=ASCK    and    http://www.otcmarkets.com/stock/ASCK/profile

Businesses Management:

John Sprovieri, President, Chief Executive Officer (CEO)


Market Cap (Intraday):26.03k
Trailing P/E: -0.01
Price/Sales: 0
52-Week Change: -99.67
52-Week High: 0.97
52-Week Low: 0
50-Day Moving Average: 0.0052
200-Day Moving Average: 0.0377
Average Volume (3 Month): 506.74k
Average Volume (10 Day): 1.05M

Source: Yahoo Finance - Statistics

Quarterly Report Published on August 21, 2017:

First, let's look at the condensed balance sheet for Auscrete Corporation. We see that the company has $95346.00 in total assets, $838281.00 in total liabilities, 742935 in shareholders' deficit, and $95346.00 in total liabilities and shareholders' profit.

Next, let's look at the condensed statements of operations (income statement). Looking solely at the numbers for the three month period ending on June 30, 2017, we see that the company has $0.00 in revenue. The cost of revenue is at $0.00, thus making the gross $0.00. Now we factor in the operating expenses with total expenses being $37394.00, leaving ASCK with an operating loss of $-37394.00. ASCK also has $233313.00 in other expenses, leaving the company with a net loss of $-270707.00.

Income Statement Analysis:

$0.00                    (Sales, Revenue)
- ($0.00)                   (Cost of Sales)
=$0.00                    (Gross Profit)

$0.00                    (Gross Profit)
- ($37394.00)                    (Other Selling, General, and Administrative Expenses)
=$-37394.00                    (Loss from Operations)

$-37394.00                    (Loss from Operations)
- ($233313.00)                    (Total Other Income/Expenses)
=$-270707.00                    (Net loss)

Income Statement Summary:

- ($0.00)           in Cost of Sales
- ($37394.00)          in Administrative Expenses
- ($233313.00)           in Other Expenses
$-270707.00            in Leftover Revenue

Source: OTCMarkets

Market Analysis:

Over half (54%) of home builders are currently constructing at least 16% of their new homes green, and 39% of remodelers report that at least 16% of their remodeling projects are green. By 2020, nearly all (81%) home builders will be constructing that level of green, with over half (51%) building at least 60% of their new homes green. By 2020, remodelers report a similar level of growth, with nearly three quarters (74%) making at least 16% of their projects green, and over one third (36%) completing over 60% of their projects green.

Source: Dodge Data & Analytics


John Sprovieri CEO and President of Auscrete Corporation (OTC:ASCK) interviews on the Uptick Network Stock Day Podcast with host Everett Jolly. At the outset, Mr. Sprovieri discussed the positive outcomes of Auscrete's future following limited operations of the past year. "ASCK is on the cusp of significant revenues during this fourth quarter and $15 million for next year. Our bottom line earnings will be in the order of $3.7 million for 2018," stated Mr. Sprovieri.

Auscrete Corporation, "ASCK" is about to begin the Escrow process for their campus land purchase as Goldendale City's attorney is completing the purchase contract. Auscrete's move to the city and construction of a projected manufacturing facility has been accepted with high optimism for the future by both the City of Goldendale and Auscrete Corporation.

Source: Globe NewsWire

Technical Analysis:

In a timescale of 3 years, ASCK has spent most of its time between the 0.014 and 0.0028 region with some significant spikes along the way. The stock increased on 9/6/17 from a pps (price per share) of ~0.0038 to ~0.014 on 9/8/17. The stock stayed around this level until it decreased from 0.014 on 9/8/17, to 0.0029 on 9/25/17. After this change, the stock had a relative high of 0.014 on 9/8/17. Currently, the stock price is climbing to a price of 0.0038 on 10/15/2017.

Looking at resistance lines (a price where the stock has trouble pushing above/below), we see 0.0057 being the next point of resistance. From here, 0.0079 will likely be the next point of resistance. On the downside, the lower resistance line is at 0.0029. The current Bollinger Bands show a range between 0.0027 and 0.0038. Current RSI (or Relative Strength Index) is at 51.59 or neither oversold nor overbought. Also, I see that buying volume is currently overtaking selling volume.

Source: TDAmeritrade ThinkorSwim Platform

Social Analysis:

For social analysis, we look at what investors are posting about the stock on sites like IHUB and Yahoo Money. About seven investors are currently talking about the stock over the period of a day. The message board seems active in that multiple people are frequently posting in the forums section. 37 people currently have ASCK added to their My Stocks tab. Now, the community sentiment is bullish. We would rate this as a plus for the stock!

Source: InvestorHub

Stock Ranking (BETA):


3 Year Stock Direction is Positive
1 Year Stock Direction is Positive
Actively Being Traded
Listed as Verified
Currently Trading on the OTCPink Sheets
Marked as Having Current Information
Has a Reasonable Number of Outstanding Shares
The Quarterly Report for Last Quarter Is Currently Available
37 People Have This Stock Added To Their My Stocks Tab On IHUB
Current Community Sentiment towards the Stock is Positive


Not Operating Profitable
Not Actively Giving Press Releases to Shareholders
No Growth over the Last 3 Months
No Growth over the Last 12 Months
The Last 4 Quarterly Reports Are Currently Unavailable
The Annual Quarterly Report Is Currently Unavailable
The Companies IHUB Forum Is Currently Not Very Active


3 Month Stock Direction is Constant
1 Month Stock Direction is Constant
1 Week Stock Direction is Constant
The Company Is neither Buying Up nor Diluting Their Shares
The Company Is Not Currently In The Process Of Any Form of Merger That We Know Of
The Company is Not Currently Giving out Dividends

Stock Ranking: E Rank

Forward-Looking Analysis:

Auscrete Corp currently has their quarterly report available for investors. Plus, they are releasing Press Releases for investors. Currently, the news is talking about how the company is currently working on a job, as well as discusses some of the financial numbers we could see in the future. On the technical side of things, the company has been slowly increasing, though keeping somewhat consolidated through the months. Currently, the stock price is relatively low so there is the opportunity that you could both long the stock as well as short it for a quick profit. This is definitely a stock to watch in the future!

What do you think? We would love to hear your opinions in the comments below!


I wrote this article myself, and it expresses my own opinion. I have no business relationship with any company whose stock is mentioned in this article. I also will not be holding shares in the company in the next two weeks of this articles posting.

I have no positions in any stocks mentioned and have no plans to initiate any positions within the next 72 hours.

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