Auscrete Corporation - (ASCK) Finalizes Stage One Land Purchase and Embarks Upon Construction of Their New Production Facility

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| Source: Auscrete Corp

GOLDENDALE, Wash., Feb. 08, 2018 (GLOBE NEWSWIRE) -- Auscrete Corporation (OTC:ASCK) CEO, John Sprovieri announced today that ASCK has acquired and paid for their first 5-acre Industrial Site in Goldendale WA and has an additional 5 acres under option. Additionally, they are in the final design stages for their new factory campus and are ready to break ground as soon as permits are obtained.

Mr. Sprovieri stated, “We have been prepared to move on this construction as quickly as possible once we were in possession of the land. We re-organized our finances back in December to put us in a much better position going forward. We now have funding to not only complete this plant here in Washington, but to commence advance preparations for another plant in the Southwest to supply that market and assist with supply to California, which will also be supplied by this WA plant.”

ASCK has been regularly approached by considerable interests from all around the country looking for housing that is considered affordable but is highly thermally efficient, won’t burn and being concrete based is very strong in hurricane strength conditions. Management is very pleased that they can now accept orders from contractors and developers, some having tracts of land requiring construction of hundreds of affordable homes.

Added Mr. Sprovieri, “We should have our first production building ready in about 4 months and the specialized equipment being manufactured now will be arriving about then. It will take another month or so to install the equipment and we should produce product from then on. We expect to build around 35 homes by the end of the year and would expect revenues of around $5 million for the 2018 year end.”

About Auscrete Corporation
Auscrete Corporation (OTC:ASCK) is a building products manufacturer and constructer of “GREEN” energy efficient housing and commercial structures built from Auscrete developed lightweight hybrid concrete/insulation wall and roof panels. Structures built of this medium have very low maintenance and, being concrete, are highly resistant to insects and mold. They have considerable mass and are highly resistant to hurricane forces and earth tremors. They will not catch fire and burn. Auscrete has established their Flagship Facility in Goldendale, WA.

Safe Harbor Statement: 
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words “anticipate,” “believe,” “estimate,” “may,” “intend,” “expect” and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the sales of the company’s identity protection software products into various channels and market sectors, the issuance of the company’s pending patent application, and the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. 

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

Source: Uptick Newswire