Astrotech Corp. (ASTC)

[thumper1]

and as Jackie Gleason use to say.....
And Awaaaaaaaaaaaaay we Go

best to all

[lecorb]

Astrotech Shares Rise 9% on Purchase Order for Explosives-Detection Device
12:57 pm ET August 25, 2021 (Dow Jones) Print

By Chris Wack


Astrotech Corp. shares were up 9% to $1.13 after the company said its 1st Detect subsidiary has secured a purchase order for its Tracer 1000, representing the first units to be deployed at an airport security checkpoint.

Volume for the stock was 30.3 million shares at 12:50 p.m. ET, compared to its 65-day average volume of 1.2 million shares. The stock hit its 52-week low of 94 cents on Aug. 19.

The company said that including prior sales to worldwide cargo facilities, the Tracer 1000 explosives trace detector will now be operating in 15 locations in 10 countries throughout Europe and Asia.

The company said the Tracer 1000 is inexpensive, small and easy to use, with high resolution and near-zero false alarms. It is the only mass spectrometry-based explosives trace detector to have received European Civil Aviation Conference certification for both checkpoint and cargo security, the company said.


Write to Chris Wack at [e-mail]


(END) Dow Jones Newswires

August 25, 2021 12:57 ET (16:57 GMT)

[Cat dog]

It’s a Diamond in the Ruff. Yep rare Barn Find !!! It’s going to run hard luckydude it’s going !!!!

[Cat dog]

This is a Barn Find Gem ,Yeah someone posted it on another board. Looks good. Probably see we’ll into the 3 dollar zone. Also I believe they are working on a COVID-19 breath Analyzer. Nice !!!!!

[luckydude777]

Once coffers are full, analysts will start upgrading ASTC and we'll be off to the races.

[Cat dog]

@2.00 plus EoW due to contracts and new COVID-19 breath tester. Lots of buying blocks. Green is money. I’m sure they will get more with infrastructure. This company is on it I’m sure of that !!!

[luckydude777]

Being shorted to accumulate a TON of cheaper shares while they are still cheap.

A bit of patience on this one ...

[thumper1]

18 mil in volume as i type...

[luckydude777]

BIG contract!!!!!!!!!!!!!!!!!!!!!

[INFINITI]

AGREE$$$$

[trendzone]

Setting up for a big run up off today's news.

[INFINITI]

1st Detect Lands First Purchase Order for Checkpoint Security

Source: Business Wire
Astrotech Corporation (NASDAQ: ASTC) announced today that its 1st Detect subsidiary has secured an important landmark purchase order for its TRACER 1000™, representing the first units to be deployed at an airport security checkpoint. Including prior sales to worldwide cargo facilities, the TRACER 1000 explosives trace detector (ETD) will now be operating in fifteen locations in ten countries throughout Europe and Asia.

The Astrotech Mass Spectrometer Technology™ (AMS Technology) drives the breakthrough TRACER 1000, the first certified ETD to employ mass spectrometry. Long recognized as the gold standard in chemical detection, mass spectrometry has historically been too costly, bulky, and cumbersome to be used outside of the laboratory. Unlike other technologies, the AMS Technology works under ultra-high vacuum, which eliminates competing molecules that can impair the accuracy and quality of an analysis. The TRACER 1000 is inexpensive, small, and easy to use, with high resolution and near-zero false alarms. Due to its high sensitivity and rugged design, the TRACER 1000 is the only mass spectrometry-based ETD to have received European Civil Aviation Conference (ECAC) certification for both checkpoint and cargo security.

“As air travel spending begins to return to normal following the slowdown caused by the COVID-19 pandemic, we are seeing renewed interest in checkpoint use for the TRACER 1000 ETD,” said Thomas B. Pickens, Chairman and Chief Executive Officer of 1st Detect. “We are excited that airport operators are beginning to understand that mass spectrometry is a superior technology for the detection of explosives, providing benefits to both airports and travelers. Based on our near-zero false alarms, we believe that operating costs will be considerably lower and passenger throughput will be much faster when compared to competing screening devices. This could lead to more consumer spending in airports as passengers avoid unnecessary delays at the screening checkpoint,” concluded Pickens.

About Astrotech Corporation
Astrotech (NASDAQ: ASTC) is a mass spectrometry company that launches, manages, and commercializes scalable companies based on its innovative core technology. 1st Detect is a manufacturer of explosives and narcotics trace detectors developed for use at airports, cargo and other secured facilities, and borders worldwide. Astrotech is headquartered in Austin, Texas. For information, please visit www.astrotechcorp.com.

This press release contains forward-looking statements that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks, trends, and uncertainties that could cause actual results to be materially different from the forward-looking statement. These factors include, but are not limited to, whether we can successfully develop our proprietary technologies and whether the market will accept our products and services, as well as other risk factors and business considerations described in the Company’s Securities and Exchange Commission filings including the annual report on Form 10-K. Any forward-looking statements in this document should be evaluated in light of these important risk factors. The Company assumes no obligation to update these forward-looking statements.


View source version on businesswire.com: https://www.businesswire.com/news/home/20210825005266/en/

Eric Stober
Chief Financial Officer
Astrotech Corporation
[phone]

[Pt3]

in too

[INFINITI]

Looks good got in $$$$

[Dough Theory]

Could be the breath tester getting great results.

[honest dave]

Someone's gathering a ton of shares after hours. Somethings up for sure. Looks like a rebound for ASTC .

[Dough Theory]

$ASTC moving up today on good volume,news could be coming soon.

[SteveStack]

I had Covid last December - the dumbass chinese & nurse Fauci must have been trying to make a lady bug sick - + I'm immune forever - oh, my fever got to 99.6 & my back hurt, sorta - they're giving test kits away in the non-existent PPE market - our USA used to be a cool country, now it's full of slopes & criminals - I killed 5 today with this bad ass Ruger.22 short - I made my own silencer out of carbon fibre - can't even hear it, or the slope, falling into this creek by my house - it takes the turtles about 2 hours to turn em into mush. I wish I had somewhere to mount them but for now it's the creek.
I wonder what that idiot Pickens will "invent" now - will it look exactly like the other fake crap, just a different color - maybe he should "invent" a rendering that smells dead slopes & cooks them into different shapes - like the normal stuff they eat - rats, big water bugs, their husbands crap, right out of those holes they shit into. That stupid drone Pickens can't fly. What a phony, just like his lying father, who told everyone he was giving all his crap to charities, but it's true, he gave no one anything because he was broke, his fake news story life written by this hack blogger named Jay Rosser, who I've got to congratulate for being the #1 fake news life story writer since the internet made it possible in 1995. Jay, you need to move that stupid Pickens Plan car somewhere else. Hey, what do you do up there all day?

[SteveStack]

https://simpleflying-com.cdn.ampproject.org/c/s/simpleflying.com/british-airways-25-second-test/amp/

[Condors rugby]

Actually the Covid testing market is booming and looking for a new simpler solution. Currently I am in the Uk and did a test before I flew , two over here on day 2 and 8 and one before I fly back. Each test was a pain in the neck and cost me $150 , not $4. Therefore I still would love to see progress on the breath test but sooner rather than later.

[SteveStack]

selling worthless paper to idiots is not related, in any way, to "performance", & is more than enough proof, on its own, to lock up every lame ass SEC "employed" lawyer - 40,000 of the dumbasses get JD degrees, every year, in the US - just let your imagination entertain that fact, for 1.5 minutes
we are doing just fine with several test kits, all operating under EUA's, each of which have dropped in pricing from $30+/test, to under $4 - the Covid test kit market has now entered/exited all stages of business growth, in appx 12 months:
1) startup
2) growth
3) maturity
4) decline, which translates, loosely, into "no longer needed"

A much simpler, less, of everything about it, which is all negative, way of flushing cash down the toilet, is to go to Vegas & flush your cash down their toilets (using the "drinks are free" justification) directly after which may be the perfect moment to carry out the situation appropriate finale of placing a single .115 gr 9mm hollow point FMJ into the temple on the side of your head, behind the eye, using the dominate hand, to pull the trigger. Good Luck !

[SteveStack]

knowing the correct spelling of a 2 letter word would've done nothing for your whatever it is, but it does seal the 100% certainty that anyone long ASTC, since pickens' fraud began 20 years ago, has died in the meantime

[Condors rugby]

Terrible performance with this stock based on dilutions. However I still can’t ignore the possibility of a Covid breath test and what a huge difference that could make to our testing environment. Just hoping they breakthrough with this technology sooner, rather than later as billions could be made right now worldwide

[Condors rugby]

Added more down here. Two raises should not give them enough cash to succeed. Buying opportunity now . Yes , I hate cash raises but needed with a stock like this . Long term looks promising

[ClayTrader]

* * $ASTC Video Chart 04-08-2021 * *

Link to Video - click here to watch the technical chart video

[stockmofia]

Tom is know dummy. watch this fly again.

[stockmofia]

these are my favorite situations.

[stockmofia]

going up. get in now.

[stockmofia]

good entry point. lots of upside.

[dirtydozen911]

shorts are going to POUND THE PISS out of this all day....2..3..4.. red days are in the future for this PIG

$1.10......$1.20 tomorrow afternoon.....gla

[stockmofia]

this is not over. just a reset.

[stockmofia]

they need cash to fill all the orders.

[stockmofia]

big news coming.

[dirtydozen911]

the surprise next month will probably be ....CHAPTER 11

these guys suck.......scum -bag move...back to back offers...gla

ASTC=TURD...ASTC=TURD...ASTC=TURD

[dirtydozen911]

thought the slime would wait at least a couple days before the second offer

some where down around $1.25 is more reasonable for this PIG now

$$$$$$$$$$ astc $$$$$$$$$$.....someday!!!....gl

[Condors rugby]

The dreaded dilution that every bio likes to do after news. So annoying. However I may buy more as the price looks great down here

[stockmofia]

7 mil investment is actually a good sign. sounds like more news coming soon. nice opportunity to get in. buy the dip. dip.

[dirtydozen911]

this has the STINK of ....back to back offerings.........the new trend in the small bio`s this year seems to be small offer, to avoid big sell-off............then pull another medium offer 4 or 5 days later
seen it quite often this year....this big volume , and high open, and sell off all day stinks

bet someone $100 there would be an offering right after the close...lost the bet offer didn`t come till 4:45

i think alot of people drove it up early , thinking cleveland biolabs....CBLI............gla

[ClayTrader]

* * $ASTC Video Chart 04-07-2021 * *

Link to Video - click here to watch the technical chart video

[aftt36]

This will test 2.25 again then go up slowly.

[aftt36]

This is gonna sky rocket!!....

[Condors rugby]

Agreed. Bought a quick 1000 today as a good long term play. Breath alcohol Covid testing and other forms of testing has the potential to be huge if the technology really works . I believe it will and will add to position over time

[Callme RICK]

It does look good.

[INFINITI]

Nice got in looks good

[Callme RICK]

Astrotech Subsidiary $ASTC $2.00s and Cleveland Clinic Sign Agreement for Breath Analysis Study to Develop a Rapid COVID-19 Breath Test https://finance.yahoo.com/news/astrotech-subsidiary-cleveland-clinic-sign-120000712.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr via @Yahoo

[aftt36]

Ready to shoot up soon!!!

[aftt36]

ACCUMULATION BABY!!!

[aftt36]

ASTC should be atleast 10.00 right now!!Alot of Manipulation keeping it down....

[Getitgogone]

"NEEDLE IN THE HAYSTACK"
Buyout,merger or partnership is coming in my opinion soon,quite possibly before the Meeting of Shareholders Wednesday, May 26, 2021 9:00 a.m. (Central Standard Time) AT&T Hotel and Conference Center 1900 University Avenue Austin, Texas 78705

RECENT FILINGS
1. 2021-03-03 S-3 FILING registration statement will not exceed $250,000,000
https://www.sec.gov/Archives/edgar/data/1001907/000156459021010586/0001564590-21-010586-index.htm

2. 2021-03-15 EFFECT filing (APPROVAL BY THE SEC)
https://www.sec.gov/Archives/edgar/data/1001907/999999999521000949/9999999995-21-000949-index.htm

3. 2021-03-18 "to approve an amendment to the Company’s Certificate of Incorporation to increase the total number of authorized shares of the Company’s common stock by 200,000,000 shares, to a total of 250,000,000 shares of common stock"
https://www.sec.gov/Archives/edgar/data/1001907/000156459021014139/astc-pre14a_20210526.htm

I have addressed the possibilty of the registration of shares and an increase of the authorized to 250 Mil. shares as a possible "POISON PILL" but could be for another reason I.E. for merger,partnership but something is cooking because it is just not normal for a filing like this from ASTC.

DEFINITION OF POSION PILL
https://www.investopedia.com/terms/p/poisonpill.asp#:~:text=A%20poison%20pill%20is%20a,of%20a%20new%2C%20hostile%20party

4. 2021-02-16 10Q PAGE 8 "The Company had two existing facility leases and several small equipment leases. Astrotech leased office space consisting of 5,219 square feet in Austin, Texas that housed executive management, finance and accounting, sales, and marketing and communications." ...
"The lease began in November 2016 and originally expired in December 2023. On August 3, 2020, the Company decided to terminate the lease."

"In May 2013, 1st Detect completed build-out of a 16,540 square foot leased research and development and production facility in Webster, Texas. This facility is equipped with state-of-the-art laboratories, a clean room, a production shop, and offices for staff." ...

"On January 21, 2020, the Company entered into its fourth amendment of the original lease, with the amended lease beginning May 1, 2020 and expiring April 30, 2021, with the option to renew and extend the lease for one renewal term of one year. During the second quarter of fiscal year 2021, the Company has decided to allow the Webster lease to expire on its expiration date and declined the option to renew the lease. "

I have also researched the entire filing the above 10Q concerning THE TERMS "COVID" and "LEASE" and no where does it state that they declined to renew these leases over the Corona virus. As a matter of fact in the 10Q it states on page 13 >>>

"All of the Company’s employees who do not work in a lab setting are currently on a telecommunication work arrangement and have been able to successfully work remotely.The Company’s lab requires in-person staffing and the Company has been able to continue to operate its lab, minimizing infection risk to lab staff through a combination of social distancing and appropriate protective equipment."

CONCLUSIONS:

We have multiple filings recently showing an unusual increase in share activity I.E. Authorizing(to be voted on at the May 26th shareholder meeting) to 250,000,000 shares and the filing for sale of stock up to $250,000,000.

We have office leases that were TERMINATED August 3rd

AND LAST but not the least the WEBSTER facility which I presume was used for manufacturing production of TRACER1000 (sales in Europe,etc.)" This facility is equipped with state-of-the-art laboratories, a clean room, a production shop, and offices for staff" EXPIRING April 30, 2021 in about 1 MONTH from now.

No where in the filings does it state that any leases were terminated due to COVID.

Why would they terminate all of their leases if they weren't ready to make a dramatic change,coupled with the share structure changes they are requesting approval for and the sale of up to $250,000,000 WORTH OF STOCK,which by the way at current prices would be at least $8.00 a share if they sold all of the current 50 Million authorized (prior to the vote to authorize 250 Mil.shares)

It all leads to speculation about much here but one thing is certain

Things are not normal at ASTC ... something is coming

I can't say how it will work out nor can I recommend you BUY SHARES ,that's up to you as always and I am not giving anyone advice as we could all be screwed here too because Pickens does not provide clarity and they have been awfully quiet for months.

I'm just trying to write what I see and someone wants to disagree I'd love to hear a better ,sensible explanation for everything we are seeing.

Don't invest more than you can afford to lose that's for sure

[aftt36]

After Hrs 2.15 "this will Breakout"!!!