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Bullboard - Stock Discussion Forum Australis Capital Inc C.AUSA

Alternate Symbol(s):  AUSAF

Australis Capital Inc. is a multi-state operator in the cannabis industry in the United States. The Company is involved in the cannabis and horticultural industries in the United States and abroad. It is focused on brands and cannabis licenses in states with favorable economics. The Company also operates an engineering consulting firm. The Company advises on greenhouse design, build and... see more

CSE:AUSA - Post Discussion

Australis Capital Inc > ACB fiscal Q4 results
View:
Post by Smokininvesta on Sep 22, 2020 10:32pm

ACB fiscal Q4 results

Absolutely atrocious. The company is treading water badly while being left in a disastrous mess. Wrote a cheque to UFC for $30 mill cash during the quarter to get out of that deal. At a time when cash is king like never seen before, they just had to give away $30mill. Rightfully ACB is printing all time lows when considering the 12x rollback. A real shame and embarrassment.
Comment by Purplekush on Sep 23, 2020 5:33am
Not sure why your posting ACB related news on here but lets see Ausa's ER. 2018 net loss 5.2m 2019 net loss 23m Should I keep going?
Comment by Purplekush on Sep 23, 2020 5:35am
Ausa revenue 2018 $54,000 2019 $72,000   I mean no matter how you cut it ACB is 1000 times larger than Ausa. 
Comment by CannaHemp20 on Sep 24, 2020 2:33pm
Whose balance sheet would you rather have?  Sure wouldn't be Aurora's. 
Comment by Purplekush on Sep 23, 2020 5:39am
And their stock is up 13% today, "very atrocious" indeed. I made over 5x on ACB two years ago, Thank you BOOTH!!!!  Now Im stuck on this POS. 
Comment by Smokininvesta on Sep 23, 2020 12:18pm
the market is speaking today re ACB  down 25% on 20 million shares traded.  More write downs to come.  Huge amount of debt and have to be certain the lenders have shortened the leash completely.  My guess is ACB is going under.  Too much of a mess.  Can't come back from that.  
Comment by Purplekush on Sep 23, 2020 2:14pm
Glad to know ur down another 25%, but this is an Ausa board clown.
Comment by greentundra on Sep 23, 2020 2:37pm
Booth the architect of wealth destruction for thousands of families. His inexperience, lack of judgement, inability to build a reputable team and clear substance abuse, makes for one of if not the worst CEO in Canadian history. And he wants to run AUSA....give me a break. Booth was always just a shadow of Linton.
Comment by CannaHemp20 on Sep 24, 2020 1:31pm
No Sh**t. Makes me upchuck when SH posters think he is the next Messiah. He should be known as the EXTERMINATOR.
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