Market Review: Focusing on These Shares: Ascent Solar Technologies Inc (ASTI) – Baxter Review
ASTI continues to post nice gains on ANY news. Looks to be actually stabilizing. Victor Lee has eyes on China and Trump better not mess with that! PURA oversold on eve of earnings. Co. upped guidance so expect a run back to .05 from high of day now .0217
Strategic investor adds more investment (to 20 percent) and preferred stock holder accepting common stock. All adds up to money. what do they know that we don't? Why dump that much into this company? I'm guessing with China's push to go solar in the next decade....and there are Chinese investors??? The market is there for innovative solar. ASTI made a huge mistake in retail and brick and mortar, and are near the end of digging out....not their strength. From what I see they are focusing back on their unique technology / strength. US military just doesn't invite anybody.....asti just needs the right industry with a need for this technology. As cheap as this is...worth the risk to sit on for long haul. If wrong decision...nice write off.
Nice accumulation and it's getting more and more interesting with all the recent positive PR. With the price so far $0.0018 why would you want to dumb this ? The company is trying to comeback to life. We all know this is not the company like Amazon (near $1000 per share) but $0.1 is not a dream for this one
Great News AGAIN!! Today's PR:
Ascent Solar Fully Redeems Convertible Secured Notes Ahead of Schedule 6:00 am ET August 16, 2017 (Market Wire) Print
THORNTON, CO--(Marketwired - Aug 16, 2017) - Ascent Solar Technologies, Inc. (OTCBB: ASTI), a developer and manufacturer of state-of-the-art, lightweight, and flexible thin-film photovoltaic (PV) solutions, announced that the Company has completed the full redemption of the outstanding convertible secured notes ("Secured Notes") in cash ahead of schedule, pursuant to the redemption agreement ("Agreement") announced on May 10, 2017.
Pursuant to the Agreement, the Company agreed to redeem for cash all outstanding Secured Notes of the Company held by the holder no later than September 1, 2017. As of the date of the Agreement on May 5, 2017, the balance of owed principal and accrued and unpaid interest to the holder was $1,777,191.64.
The President and CEO of Ascent Solar, Mr. Victor Lee said, "We are delighted to have fully redeemed the Secured Notes ahead of schedule due to the strengthening of our cash flow position." Mr. Lee continued, "The purpose of the redemption is to strengthen our balance sheet and to finance ongoing operations through fixed rate equity investments on more favorable terms. This is a first step towards a cleaner balance sheet as we continue to experience improvement in our funding options. Following the redemption, all of Ascent's assets except for the mortgage on our property, shall be free of encumbrances going forward."
Fengball...go somewhere else if you hate the stock. Why even post. Nobody listens to you and you're a troll obviously bashing the stock. Everybody knows this stock isn't amzn Hence the. 0017. If they achieve more contracts which they are pursuing vigously, this business will turn things around. New business model may save this company. 500k was just one bud.
Ascent Solar Announces Further Improvement in Second Quarter 2017 Financial Results
Ascent Solar Technologies, Inc. , a developer and manufacturer of state-of-the-art, lightweight, and flexible thin-film photovoltaic solutions, reported results for the quarter ended June 30, 2017.
Don Joan got Muted because videos & pics are not helpful. They're just post by wannabe's looking for attention.
I would recommend buying the hell out of this at this cheap price.
Very nice news today !
The company is seeking solution for continuation and working on a major contract. The earning for June 30 is expected, and I'm staying long because we are already at $0.00 and no bankruptcy announced. On the bright side, debt reduced and recent news are mostly positive. Long and Strong
pre-market Bid: 0.0018 Ask: 0.002
Whats gonna happen today? I'm ready for some big time contracts from a smart energy saving product!! I picture this being used in so many ways. LETS GO ASCENT SOLAR!!!
the companies in the green. it might not me millions, but even a Dollar up is still going up. they are going in the right direction, long and strong.
I just blocked Fred because his last post shows the motive behind his comments. I can go to any stock and find fault and highlight that over everything else. But then .... post another stock that I think you SHOULD buy instead.
Is holding 115000 shares of this worth it? wth going on with this thing? Geebus
Greetings ALL .... My understanding "take": * Entered the military league, ala Lockheed, Northrop, Texas Instr. and such..... * Expected/yet paid/yet received revenue 110Gs ... * Net Revenues so far, Q2 '17, 25Gs ... * Bled less in keeping the lights on from (11+ million last year) to (4+ million for Q2 '17) .... * Current Liabilities also down from (19+ million last year) to (15+ million Q2 '17)... * CEO allegedly stated: "We have a good start in 3Q ... optimistic .... ....hmmm ... What are your "takes", People?