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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 Nov 07, 2020 9:44am
102 Views
Post# 31857241

RE:vote with the yellow proxy

RE:vote with the yellow proxyIts regretful that Booth never thought out his strategy going into this.This never had to happen and now he will liklly be absorbing a huge fee to get something he is not going to get; control of AUSA. 
  • You should not advocate for board members that have incentious linkages and questionable track records. 
  • Those appointee's also have little experience/acumen in US business. 
  • Dissidents have not named a management team. Will the CEO be Booth? Why did he disappear after being named as a board candidate?  
  • The sad part of this is legacy effects, Aurora's devasting implosion will follow all of those listed in the Concerned Shareholders group for years to come. Do AUSA shareholders trust them?
To contrast, this has some similar traits to the US election. It is over. Shareholders that recognize value creation voted BLUE.

 



mountainfresh wrote: The new board will be in control soon and hopefully will turn it around. They need to focus on cannabis, and according to their circular they will be. I’m not too sure on the capital-light strategy, that can have its problems, but given the current state of regulation in the US it’s probably the best way to go for now. Setting up an MSO through partnerships across the country and keeping the asset investment smaller upfront will be the safe strategy since they already have brands they acquired that they can promote. I voted with the yellow proxy!


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