[Bewbs]

Yes, but your body can only take so much protein at a time, the rest it converts to fat (I think.. I'm not a scientist or doctor, but I think the jist of what I'm saying is right).

Yes, that's right, in a way. Here's how it works. Your body will convert excess dietary protein, fat, or carbs to body fat. This conversion happens when you eat more than than necessary to power your body's basic functions (breathing, circulating blood, thinking, walking, etc). When exactly it happens, I don't know. You need to eat at least some amount of excess calories to grow muscle.

As it happens, there's no arbitrary limit where proteins are converted to fat. You can eat 100% protein and still lose weight. This is possible if you eat less than your total daily energy expenditure. In that case, the food will go towards your daily energy expenditure and not tissue building.