Auscrete Corporation (ASCK)

[Justthefactsplease]

I'm new to this and a friend told me about this stock yesterday and I am thinking about buying some. I've been reading some of the posts and from what I read I see that there are 500 million authorized shares and a majority owned by company insiders. I also read that the float is less then 50 million. From what I understand that is a very low number of AS and a low number in the float which I think is good. I also see where they have been going through debt conversion which I understand to be creditors selling shares of stock they were given for loans or services. I'm trying to figure out if those shares that are being converted or sold are part of the 500 million total AS and if so when they are converted or sold do they go into the float and increase it?