Bullboard - Stock Discussion Forum 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... see more

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CSE:AUSA - Post Discussion

Australis Capital Inc > Protect Existing Shareholders

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Post by Investorlaw on Apr 15, 2022 3:18pm

Protect Existing Shareholders

Fellow AUSA shareholders. We should stand together to protect ourselves if AUSA trys to move forward with share consolidation. This would ultimately dilute our shares, and adversely effect our capital. How much longer do we have to wait until the management becomes transparent about their plans to dilute our shares with the share consolidation. Maybe retaining legal counsel is in our best interest moving forward.

Best regards
I

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Comment by CAA308 on Apr 19, 2022 2:23pm

I'm curious; what do you have against a share consolidation? It doesn't dilute the shares at all, and the consolidation alone would have zero effect on your capital.

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Comment by monte8 on Apr 19, 2022 4:09pm

If it were only that simple. But you know consolidating the shares, the new share price will plenty to go down in price especially without any good solid news. Most reverse split are destined for failure.

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Australis Capital Inc