It would make more sense to shade a parking lot with FTL's square panels using the large Ascent modules.
FTL doesn't make modules, they integrate flexible pv modules into fabric panels like shade cloth. They've been using Ascent's and Global Solar Energy's modules but now GSE's shut down and sold off they're using Ascent's stuff.
Wall Street lends money for oil exploration while Chinese governments lend money for factory construction.
Well today's the deadline for Ascent to meet it's obligations, it's now 120 days after the agreement was signed so all Ascent's stuff should have been delivered, inspected and accepted by now. i.e. there might be some more news coming. They seem to be very newsy lately.
Everything's moved to the JV in China, including the engineers. The American end is concentrating on marketing. Kind of like a major computer maker whose products are popular with the kids these days.
Nope, I've made up my mind. I'm dumping the whole lot first thing Tuesday morning. I must be some kind of chump holding on to this loser when there's a real pretty Dodge Dart just waiting for my signature. I'm going to get the turbo with the funky dual dry clutch transmission. I mean honestly, what was I thinking.
Sentiment: Strong Sell
Well then, if you say so. Gosh, why hold on to a long shot when I could sell out for pennies on the dollar and use the cash to buy a new car. You've convinced me. You win. You've convinced me. Yes sir. No more arguments from me. My shares get dumped first thing Tuesday morning.
How does that makes them different from every other American semi-conductor manufacturer with operations in China? And sell NOW? It's under a buck, the whole thing's valued at $50million. At least Ascent owns the EnerPlex brand outright. Maybe they'll eventually get $10 million a year revenue from that alone while the Chinese assume the actual cost of keeping the lights on at the fab. Yeah, it's a dog but it's my dog.
Who makes it doesn't matter as much as who has the marketing rights. Ascent gave East Asia marketing rights to TFG Radiant a couple of years ago in exchange for a fab in China and some cash. Now the fab in China is getting built but instead of cash Ascent gets a share of it while retaining marketing rights for the world outside of East Asia.