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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 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.


CSE:AUSA - Post by User

Comment by oilcan2012on Oct 25, 2020 12:34pm
254 Views
Post# 31778349

RE:done deal people vote yellow and choose the new board

RE:done deal people vote yellow and choose the new boardThis will be over when its over and nothing more. Relying on either side to purport victory, seemingly which is only one side, exudes a lack of confidence. For shareholders to get a return, you have to have competent individuals with track records and an enduring legacy of success. Shareholders aren't stupid, won't defer to loyalty or some other forgotten/inaccurate measurement of performance, they want competent, legacy free people to lead them to value. 

Some scary things to think about:

  • Dyck is also massively conflicted as he is also a director of Nutritional High International Inc. ("Nutritional High"), a corporation that has been under contract to acquire a 75% interest in Green Therapeutics since October 2018 – and a company that look suspiciously like one of the potential acquisitions mentioned in the Dissidents' circular.  (  https://www.newswire.ca/news-releases/australis-capital-issues-letter-to-shareholders-877975030.html  )
    • 600 million shares outstanding?1 year share performance? Look at the data...    https://money.tmx.com/en/quote/EAT:CNX    (Form your opinion from DATA, not rhetoric.)  
  • Then there is the Terry factor, DeMott providing readers with alleged legacy accomplishements of Terry and others, those being detailed in 'Section 1" of the DeMott Release, capitions starting with "It Was Terry..."
  • DUKE FU!!!   "Surely a basic qualification for an AUSA director must be that they aren't already actively trying to destroy value at the Company for their own gain?" (Section 3 of the DeMott release)
Despite all the rhetoric, none of the allegations listed in the DeMottletter to shareholders have been refuted in the concerned shareholders issuances directly. Despite some poor attemts to dispariage Roger Swainson along with DeMott, thats about it???  Why not???   

Shareholders want a return. The Concerned Shareholders? A group that has a lineage that should not reflect the false creciendo at Aurora in the early days rather, how it's business has flourished and sustained at this moment in time. So, 
  • Ask the cities, municipalities and towns that bought into Aurora?
  • Ask the ~1000 Aurora staff that lost their jobs?
  • Ask the shareholders that lost ~90% of their share value?
  • Ask the shareholders how they feel about losing $3+ billion?
How would they vote?




greenenv wrote:
https://corpgov.law.harvard.edu/2018/11/26/shareholder-voting-in-the-united-states-trends-and-statistics-on-the-2015-2018-proxy-season/

"Proposals related to social and environmental policies of corporations received, on average, the support of just 25.7 percent of votes cast at general meetings."

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


"The Concerned Shareholders collectively own, direct or control approximately 8.45% of Australis' outstanding common shares ("Common Shares") and have garnered indications of support of other shareholders of over 31% of Australis' outstanding common shares – collectively, these holders of approximately 40% of Australis' issued and outstanding common shares demand leadership change. This is in stark contrast to the members of the current board who collectively hold only 2,193,600 Common Shares or only approximately 1.2% of Australis' outstanding Common Shares."


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