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Auscrete Corp. (ASCK)

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Last Post: 8/16/2018 12:36:12 PM - Followers: 199 - Board type: Free - Posts Today: 0

           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 02-19-18
Outstanding Shares: 1.2 Billion
Restricted Shares: 20 Billion
Float: ~900 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: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 08/14/2018 12:57:28 PM
ASCK News: Quarterly Report (10-q) 05/21/2018 02:38:48 PM
ASCK News: Current Report Filing (8-k) 05/14/2018 02:59:39 PM
ASCK News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 05/14/2018 02:11:27 PM
ASCK News: Annual Report (10-k) 04/16/2018 03:46:29 PM
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PostSubject
#17663   No volume, no current news (I emailed them Three2001 08/16/18 12:36:12 PM
#17662   Believe it! I'll be throwing my money at CorkyKitty 08/13/18 04:58:25 PM
#17661   I can't believe you guys are still following ChillinZX 08/08/18 06:18:44 PM
#17660   That's an understatement. There hasn't been one shovel waffle85us 08/08/18 05:19:09 PM
#17659   Yeah. Why even bother listening to these PR STUNTS? MR PIBB 08/08/18 03:18:55 PM
#17658   JS misleads in the Audio when he linda1 08/08/18 11:08:46 AM
#17657   We have a lot of business in California javi2003 08/08/18 09:45:33 AM
#17656   News https://www.globenewswire.com/Tracker?data=OmKpk8KXrzkSOg1IzyiNOQtgzcTtFJ3 profmentor 08/08/18 09:29:30 AM
#17655   Lots to come here, cheap real estate stock brando5 08/08/18 05:47:02 AM
#17654   Yea my 2nd also but I sold most brando5 08/01/18 03:08:37 AM
#17653   Schwab assigned a case agent to me to piker86 07/31/18 06:12:19 PM
#17652   $ASCK manny371 07/29/18 09:50:37 AM
#17651   Lol, I just came back from my vacation manny371 07/29/18 08:56:11 AM
#17649   Everyone here lost money. Im at a huge loss Smilin_B 07/28/18 06:15:30 PM
#17648   You haven't lost everything, it's not at zero Three2001 07/28/18 04:13:05 PM
#17647   There's no reason to go on anymore. I CorkyKitty 07/28/18 04:07:04 PM
#17646   Where has Manny been hiding lately? MR PIBB 07/27/18 10:06:29 AM
#17645   Meh, just meh all around. Kodiak61 07/26/18 08:18:27 PM
#17644   Should have known future of coastal housing is newbbiequicktrade 07/26/18 06:31:12 PM
#17643   Soon to be sub-penny again.... maynerd 07/26/18 04:31:02 PM
#17642   ??? Smilin_B 07/26/18 03:45:10 PM
#17641   Boom time cometh betterdaze 07/26/18 01:55:58 PM
#17640   News Release: linda1 07/26/18 10:42:15 AM
#17639   Ok - my error - so it linda1 07/26/18 10:06:25 AM
#17638   Auscrete is not an AAC product. It is waffle85us 07/25/18 07:04:38 PM
#17637   Thank you for that research and information CorkyKitty 07/25/18 03:09:18 PM
#17636   Last i heard odem lives in Costa rica mikekrane 07/25/18 01:24:56 PM
#17635   From 20 cents to .06 cents post split Pos imo mikekrane 07/25/18 01:23:58 PM
#17634   I talked directly to the Mayor and linda1 07/25/18 12:13:50 PM
#17633   This 2010 article from the linda1 07/25/18 11:18:09 AM
#17632   I phoned AERCON AAC - a manufacturer of linda1 07/25/18 11:01:29 AM
#17631   Up 58% today if you bought yesterday. If SierraTrader 07/24/18 09:06:41 PM
#17630   casualriver, I had 1,058,608 shares that I bought SierraTrader 07/24/18 08:53:18 PM
#17629   Ask a building inspector. Would he sign DHaus 07/24/18 07:03:19 PM
#17628   LOL - so what exactly does the PR linda1 07/24/18 01:41:59 PM
#17627   Thank you - I will phone sometime this week. linda1 07/24/18 01:38:04 PM
#17626   Guess they're done suckering the U.S now it's CorkyKitty 07/24/18 01:35:35 PM
#17625   Autoclaved Aereated Concrete (AAC) has been linda1 07/24/18 12:31:47 PM
#17624   $ASCK Expanding, Canadian plant. Three2001 07/24/18 09:15:26 AM
#17623   Yes Note that I am not sure on this CorkyKitty 07/23/18 11:56:17 PM
#17622   Oh really! DHaus 07/23/18 08:32:11 PM
#17621   I read that an ICBO should not be CorkyKitty 07/23/18 08:11:59 PM
#17620   Boom time cometh betterdaze 07/23/18 12:56:09 PM
#17619   In order to get an ICBO research report DHaus 07/23/18 12:48:53 PM
#17618   It is only up about 58% today so far!!!! casualriver 07/23/18 11:58:48 AM
#17617   509 773-3771 llh222 07/22/18 04:32:18 PM
#17616   Maybe it is because your suggestion is ridiculous. linda1 07/22/18 03:53:48 PM
#17615   Wow this scam is still going on.....unbelievable Riotact79 07/22/18 12:19:11 PM
#17614   Because I do NOT care and you would llh222 07/21/18 01:55:55 PM
#17613   Why don't you just answer the question. linda1 07/21/18 01:41:30 PM
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