Australis Capital Inc C.AUSA

Alternate Symbol(s): AUSAF

Healthcare

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 operations throughout the world in cannabis and horticulture. Its operations range from providing sustainable cultivation design and optimization to retail storefronts, growing flowers in-house, and manufacturing brand, AUDACIOUS has products and solutions for everyone.

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Australis Capital Inc > Australis Shareholders Have Suffered Long Enough.

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Comment by oilcan2012on Oct 20, 2020 10:29pm

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Post# 31753002

RE:Australis Shareholders Have Suffered Long Enough.

R E P E A T

You fail to recognize three key factors in your satire; TIME, LUCK & CREDIBITLITY.

Lets set the stage:

~$3.3 billion dollars in impairment write downs and CLIMBING, this evidenced by a recent write down of ~$37 million arising from the loss in the Cann Group. ( https://mjbizdaily.com/aurora-cannabis-exits-australias-cann-group-after-28m-impairment-charge/ ) No mention YET of all of the RE and operational assets.
Cannabis was the 'oil boom' of the era.(TIME) The perfect wave ((LUCK)) that grew exponentially until it crashed which Aurora has epitomized into what could only be described as one of the bloodiest massacres of shareholder value since the depression.
Aurora was never truly a business. It was a printing press for shareholder certificates (dilution), the strategy for growth was M/A. The architect, Terry Booth. Well done on MedReleaf, ~60 times P/E, wherever the 'E' came from.

Your right on taking profits. This is different. The times are different. AUSA is a US business that requires US business acumen. Who are the concerned shareholders offering up, albeit it a changing landscape of individuals but make no mistake, the cast of characters are led by Terry Booth, Adam Szweras, and Jason Dyck, the architect(s) of Aurora's systemic meltdown.(CREDIBILITY)

The Concerned Shareholders circular is a worthy read in order to contrast it against AUSA's. Review the press releases from both side and ask, who is best poised to bring value to AUSA shareholders? (I will be posting my views on this in the next several days.)

The one thing I do know is that this Duke Fu should be summarily tossed from any consideration. Litigating to unwind a transaction he signed off on, (refer AUSA circular), and participating in the Concerned Shareholders group? How would he advocate for the interests of shareholders?

mountainfresh wrote:
/R E P E A T -- Australis Shareholders Have Suffered Long Enough. The Concerned Shareholders of AUSTRALIS file and Mail Proxy Circular and Urge Shareholders to Vote for positive change using the Yellow Proxy/

https://www.newswire.ca/news-releases/-r-e-p-e-a-t-australis-shareholders-have-suffered-long-enough-the-concerned-shareholders-of-australis-file-and-mail-proxy-circular-and-urge-shareholders-to-vote-for-positive-change-using-the-yellow-proxy--855981863.html