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Auscrete Corp. (ASCK)

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Last Post: 1/19/2018 12:09:55 AM - Followers: 179 - Board type: Free - Posts Today: 3

           As with any Pink Listed Stock, do your Due Diligence before you invest.

Quality in Energy Efficient Affordable Housing

 

Auscrete Corp

 
PO Box 847
Rufus, OR 97050
  (541) 739-8298
 info@auscretehomes.com
 

From Auscrete Homes   

Mission Statement -To make available Affordable, Technology Driven and Eco Friendly Housing to those who were never
                                       before afforded the opportunity to realize the American Dream.”

http://www.auscretehomes.com/  (website being redesigned)

 


                                                                        
 
Auscrete’s turnkey houses cost around $95-$100 per square foot,  ready to move in. That is highly competitive in today’s market and is brought
about by Auscrete’s ability to manufacture large specialized concrete panels in mass production format. These houses are site built to produce
an attractive, stylish and functional home that will stay where it is put through all kinds of adverse weather and age conditions. It will not burn, is
not affected by mold, insects or rot, is extremely soundproof, it saves extensively on energy costs and has exceptionally low maintenance needs.

 
Auscrete Corporation utilizes it's fully developed lightweight concrete technologies in the construction of thermally efficient and structurally superior 'Affordable Housing’ as well as for commercial structures.  This ‘GREEN’ product is the outcome of a culmination of design and development since the early 1980’s.  It is the result of the amalgamation of various developments in specialized materials to address the ongoing problem in the world’s largest marketplace.  Auscrete aerated concrete is a light-weight cement/sand product that has a specially developed foaming agent applied during manufacture.  This enables the product to have millions of small air bubble ‘aggregates’ introduced and evenly distributed throughout the cast sections. Then there is the XPS insulation amalgamation with the final result being a concrete that is light, strong, of extremely high insulation value and is highly fire resistant.  It also has excellent sound proofing qualities.  

Auscrete Homes are up in a matter of days, not months, so there are major labor savings at both the factory and the building site.  Additionally, savings are enhanced by the use of lower cost raw materials (cement & sand etc.) as opposed to expensive and labor-intensive lumber products.  

To construct affordable homes, we produce the materials in a “mass production” format by table casting the outer and inner wall and roof sections.  This complex technology incorporates expanded insulating resources and the infusion of millions of tiny air bubbles into a special inert concrete mix enabling the creation of a lightweight product without sacrificing strength or structural integrity.

It generally uses only one half of the raw materials needed  in standard concrete construction. It is environmentally friendly, non-toxic, pest free and uses materials that are the most available in the world. The biggest advantage is that it can be produced as large panels at very low cost in a factory atmosphere with controlled simple casting techniques.

 



On August 18, 2017, Auscrete Corporation (
On August 18, 2017, Auscrete Corporation ("company") announced that it had signed an agreement with the City of Goldendale, WA. for the purchase of a total of 10 acres of land on the Goldendale Industrial Estate. The agreement is in  2 parts. The first part is the purchase of 2 x 2.5 acre lots, being a total of 5 acres at $20,000 per acre for an overall cost of $100,000. This portion of land is to be used for setting up the company's initial manufacturing plant. The foremost production building comprises of a 25,000 sq. ft. structure and there will be a 15,000 sq. ft. supply and manufacturing support building.

The second part is the purchase of an additional 2 x 2.5 acre lots for a total of 5 acres that abuts to the first lots to form a square 10 acre site. These second 5 acres are under option and the company has 12 months to finalize this purchase. The cost of this property will be $25,000 per acre for a total purchase price of $125,000.

Pictured at right is a photo of the Property Purchase Agreement signing transaction at the Goldendale City Council Offices. Goldendale City Mayor, Mike Canon (center) signs the document watched by Auscrete Corporation signee and CEO, John Sprovieri (right) and with Goldendale City Administrator, Larry Bellamy (left) looking on.
 
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12249440


 


Auscrete Corporation - (ASCK) Approached by Outside Developers

Rufus, OR -- (SBWIRE) -- 11/16/2017 -- Auscrete Corporation – (OTCMKTS:ASCK) has seen a tremendous spike in both the activity and price per share of its stock.  Management of ASCK believes this is directly attributable to several positive factors for ASCK.

In the recent months, due to the devastation brought on through such disasters as Hurricanes in the South and Fires in California, ASCK has seen a dramatic spike in interest of their Hybrid Encapsulated Insulated, Thermally Efficient, Specialty Concrete Homes that Won't Burn and are unaffected by Being Underwater in those types of areas.

The fact that these affordable homes can be standing in just days, rather than many months, also has severely added increased interest in light of the tremendous loss of available living space.

There have been many inquiries regarding ASCK being a contender for contracts for replacing many of these homes. Interest is from Construction Companies, Developers and Home-owners alike.

ASCK has been reluctant to discuss this need openly, due to the pain and suffering these disasters have created.  But due to the recent stock activity, it needed to be released and addressed.

Let's bottom-line this scenario for ASCK. Right now, there are estimates of 9,000 homes destroyed in California alone.  Should ASCK garner just 5% that would be to build 450 homes in California.  Combine that with 100 homes already projected for the Pacific Northwest, from the same facility in Goldendale, WA that totals approximately 550 homes over a 2-year period of production.

These numbers translate into 550 homes, at an average conservative turnkey price of $150,000, produces revenues of $82.5 million over 2 years. With a net income of around 25%, this would potentially produce $20.5 million or about $10.25 million per year.

With the addition of 2 extra production buildings at the Goldendale Plant, currently slated to commence production in February and with the ability to deliver Auscrete's building products to sites over 1,000 miles away, the new facility could effectively produce 350 homes per year.

The company believes that 2018 looks to be both very exciting and rewarding for all of those involved with ASCK.

 

Share Structure as of 11-15-17
Outstanding Shares: 220 Million
Restricted Shares: 204.5 Million
Float: 15.5 Million
 
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BUYER  BEWARE

A/S is increased to 20 BILLION shares , So be careful if you are new to this stock

This is from the most recent 10-Q :

https://ih.advfn.com/p.php?pid=nmona&article=75488370

    Quote: " The Company had authorized capital of 5,000,000,000 common shares as of May 31, 2017.and subsequently on June 6, 2017,  the company increased the authorized capital to 20,000,000,000 shares (20 billion) "


Also keep in mind the Share Structure on OTC Markets website is incorrect , current O/S is likely be around 1 billion shrs after all these dilutions have been taking place , and still continues to rise. Company gagged the TA while Toxic Note Holders diluting, and Convertibles have a huge discount. I would recommend everyone to do some DD before touching this. And the likelihood of another 1/100 Reverse Split is very very high here ( last R/S took place when stock crashed to 0.0001-2 and stuck there, that was 5 months ago ) and now it's almost back down there again , in that short period of time.  So, there is a good chance that another 1/100 RS  is around the corner

Company is just an idea on paper at the moment , has been for a while actually. No revenue, no cash , no building, even no land. The building ( to manufacture concrete blocks ) suppose to be over in last year , and now they say suppose to be over in March, but there is no way in hell that will happen, since they didnt even acquire(paid for) the land yet. Just recently at Glendale City meeting, city manager said; Auscrete is late for the payment and they need to re-apply if they want the land ,which is for the manufacturing building supposed to be built. So the land wasn't even acquired yet, how can they even start the building, let alone manufacturing anything. Nothing the Australlian CEO Sprovieri said ever came out true over the years. So called Jamaica deal flopped quitely, like all
his other PR pumps and promises.

Plus $160K worth of convertible debt is due right now, which is being dumped on the market as we speak( Also keep in mind , toxic note holders have huge discount) , Company also acquired more convertible debt top of the existing ones, as you can see in most recent 8-Ks


Contact:
Lee Odom
VP of Business Development Director of Investor Relations
Email: Lee@auscretehomes.com
Phone: 305-853-8404
Website:
http://www.auscretehomes.com

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ASCK News: Current Report Filing (8-k) 08/24/2017 01:21:16 PM
ASCK News: Quarterly Report (10-q) 08/21/2017 01:31:17 PM
ASCK News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 08/14/2017 01:51:12 PM
PostSubject
#11791  Sticky Note A/S is increased to 20 BILLION shrs for munimi 12/26/17 10:49:58 AM
#9694  Sticky Note $10.25 Million Net Profits Annually NOT including $135,000,000 Cheeky 11/17/17 02:38:03 PM
#9363  Sticky Note I shot an email off to Auscrete,asking about Ferro546 11/13/17 02:45:33 PM
#12613   Nope those are accurate from the company. What olico ™ 01/19/18 12:09:55 AM
#12612   I thought that was admitted to be inaccurate danlevitan 01/19/18 12:05:58 AM
#12611   I thought that was admitted to be inaccurate danlevitan 01/19/18 12:05:53 AM
#12609   According to the last report, the dilution is Sprycel 01/18/18 10:51:15 PM
#12608   What if by chance the dilution ends tomorrow? Ivegotanace2 01/18/18 10:50:01 PM
#12607   LMFAO just watch it go over 001 when nvidiaforgames 01/18/18 10:49:40 PM
#12606   That is an absolute impossibility with the endless Sprycel 01/18/18 10:47:11 PM
#12605   .002's coming next week ;-) Ivegotanace2 01/18/18 10:39:39 PM
#12604   20 billion, the OTCmarket site A/S level of piker86 01/18/18 10:25:35 PM
#12603   Yep, and only 20mil on the ask at nvidiaforgames 01/18/18 09:33:09 PM
#12602   Not clear about the A/S ... is it Chingga 01/18/18 09:27:33 PM
#12601   Not clear about the A/S ... is it Chingga 01/18/18 09:27:31 PM
#12600   Yeah it ripped through the 4’s and 5’s olico ™ 01/18/18 09:13:01 PM
#12599   +1 today, but it actually did better than Three2001 01/18/18 09:06:21 PM
#12598   Thanks. $ASCK will launch soon..and leave the trips behind! tcnwave 01/18/18 09:00:28 PM
#12597   “Issued and Outstanding” olico ™ 01/18/18 08:56:50 PM
#12596   What does "I & O" stand for? $ASCK tcnwave 01/18/18 08:56:18 PM
#12595   Wow.. Just getting caught up on posts Brando1975 01/18/18 08:49:41 PM
#12594   Nice move today! $ASCK tcnwave 01/18/18 08:46:03 PM
#12593   I agree and see no reason why we Brando1975 01/18/18 06:48:32 PM
#12592   Oh yeah, so did I. My point is olico ™ 01/18/18 06:42:59 PM
#12591   I made some money on there last run Brando1975 01/18/18 06:39:39 PM
#12590   Just looked at old SANP, olico ™ 01/18/18 06:34:10 PM
#12589   There are too many to list with billions olico ™ 01/18/18 06:32:06 PM
#12588   Save your belief, rightfully so, but if you piker86 01/18/18 06:15:39 PM
#12587   Plenty of Otc's run even with 5 billion Brando1975 01/18/18 06:09:55 PM
#12586   Fair enough, my point was about the shares olico ™ 01/18/18 05:54:49 PM
#12585   I will save my belief in this company scoot27 01/18/18 05:53:48 PM
#12584   Agreed! Backstabbed 01/18/18 05:30:37 PM
#12583   Yes, this is not some bloated multi billion olico ™ 01/18/18 05:27:32 PM
#12582   Yes, 934 million I&O is the value from piker86 01/18/18 05:25:58 PM
#12581   Incredibly low! $ASCK Backstabbed 01/18/18 05:21:46 PM
#12580   Actually the Issued and Outstanding is: olico ™ 01/18/18 05:13:08 PM
#12579   I thought it was a misprint and 2 danlevitan 01/18/18 05:08:05 PM
#12578   Current share structure: olico ™ 01/18/18 04:31:19 PM
#12577   authorized is one thing - but what is danlevitan 01/18/18 04:30:26 PM
#12576   ASCK says its an error. piker86 01/18/18 04:26:53 PM
#12575   Great day here. So few available at .0006 Rainer 01/18/18 04:20:20 PM
#12574   MISPRINT gonzilee 01/18/18 04:10:34 PM
#12573   any news of substance will slice through those olico ™ 01/18/18 04:01:30 PM
#12572   decent day although slowdown in afternoon, vndm showing koolmc 01/18/18 04:00:25 PM
#12571   People waiting to get 5s will be waiting Moe money 02 01/18/18 03:03:35 PM
#12570   Interesting Reuters Bio on CEO Sprovieri. piker86 01/18/18 03:03:02 PM
#12569   I sent a message asking about that. I'm piker86 01/18/18 02:39:51 PM
#12568   Yes I think so - but I linda1 01/18/18 02:38:57 PM
#12567   lighten your ask so we can get VNDM Backstabbed 01/18/18 02:38:05 PM
#12566   yep the o/s is lower then i expected koolmc 01/18/18 02:30:46 PM
#12565   Nope, just a change on the SOS ASCK nvidiaforgames 01/18/18 02:30:25 PM
#12564   $500k market cap right now and involved with nvidiaforgames 01/18/18 02:29:57 PM
#12563   that is nothing!!! $ASCK Backstabbed 01/18/18 02:28:47 PM
PostSubject