ASTM didn’t and probably … couldn’t raise money during its last run-up but it still pilfers its long standing retail investors … even more. SELL if you still have a stomach lining left! I noticed ASTM did NOT note the remuneration of the ATM in the release; selective disclosure? "As consideration for its commitment to purchase shares of Common Stock pursuant to the Purchase Agreement ... ASTM ... agreed to issue to Lincoln Park up to 96,126 shares of Common Stock (48,063 shares issued to Lincoln Park upon execution of the Purchase Agreement and 48,063 shares to be issued, if at all, immediately upon the filing of an additional registration statement to cover any remaining shares not covered by the Initial Registration)".
ASTM closed at $3.42 DOWN -$0.29 or -7.82% and is further DOWN -$0.07 or -2.05% to $3.35.
When is enough … for this charade? Interesting notice it has … “no limitations on use of proceeds, financial covenants, restrictions on future financings, rights of first refusal, participation rights, penalties or liquidated damages”. We all have our opinions!!