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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

Post by monte8on Oct 18, 2024 3:37pm
58 Views
Post# 36272309

Update

Update

Well people,  it looks like the contact Phone no. (800) 898-0648, which is the same for Investor Relations is either being screened or they  no longer have Investor Relations.  This has been confirmed a few times as I have emailed: ir@audacious.net, returning "Sorry, we were unable to deliver your message to the following address."

Looking in CSE sight, AUSA  is still showing cease trade order that can remain in effect indefinitely until revoked by the OSC or the certain conditions fulfilled (i.e., Finacilals), and then AUSA can apply to the regulator to have the CTO revoked.

Up until August 5, 2024, Australis Capital Inc., has been filing the Monthly Progress Report (Form 7) with the Canadian Securities Exchange. Incidentally, the telephone number they have as contact is (800) 898-0648, which is the same for Investor Relations. I have called this number a few times and emailed: ir@audacious.net, without reply.

Meanwhile, I really don't believe AUSA is continuing to run a business with income coming in an all from:

  • Hempire Farms was granted its full cultivation license in the State of New York back in February 2024.

  • Sales Partneship with the Mohawks

  • Sales of brand usage contract with Bob Luciano (AKA Mr. Natural).

  • Sale of the ALPS assets. Still were outstanding $550,500 past due payments.

  • Other brick and mortar locations in the State of New York that had been talked about.

 Here are the links to Australis Corporate Update of December 1, 2023: https://webfiles.thecse.com/AUSTRALIS_CORPORATE_UPDATE_December_01_2023.pdf?ftPLRBiASLriqzWd9uiAFQaev46ggMPL.

Also,


Link to the most recent Australis Capital Inc., Press Release March 15, 2024 : https://ktla.com/business/press-releases/ein-presswire/696356710/australis-capital-inc-corporate-update-march-15-2024/.

At this point, I'm not sure how to proceed further and welcome any input advice.


 


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