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How does it make any sense for a company like Tube Solar, which is allegedly worth millions, to sell approximately 24 million shares of ASTI for approximately $121,000. and continue to own 905,000,000 shares of ASTI worth approximately $4.5 million dollars? Did Tube Solar need the money even though the sum is small in comparison to its other interactions with ASTI? Has Tube Solar lost confidence in ASTI? Or does it want potential stock investors to think so? What is really going on here?
I agree.
I don't care how long it takes for this stock to shake out, I am staying in and not selling. This reminds me of the times I stood at the craps table in Los Vegas waiting for a shooter to start throwing numbers while I bet the pass line with house money. I have been in this stock so long that I have all my costs back and I am just waiting patiently for it to break and run.
Any comment on the increase in number of common shares????
Possible cost basis of $60,000. for Tube Solar???
600,000,000.shares times .015 is $9 million dollars!!
Patience, Patience and more Patience...this is the nature of the beast until we receive some form of an event that will change things for the future outlook. I expect that the event or events that occur will be positive for an upturn in the market for ASTI. But I must have the patience to wait it out.
Exactly. Alpha article is based on the numbers. However, we dont even know the numbers. We have found value in this company for the reasons you point out and more. In short the value is in the companies future, and it will be those numbers which will be important. I have over 5 million shares and intend to buy more as the price falls. I have been in this stock for years and my average cost is still way below the Bid price.
One or more individuals are selling at reduced prices to force the stock price down. 5 million shares traded in the first 15 minutes after the market opened. Clearly, someone or group are trying to manipulate the stock price. Aside from short selling, is it conceivable that the price is being manipulated down for a lower price in order to take the company private?
In other words, its beautiful!!
What may be necessary for a large corporation with billions in sales is one thing, and what a very small corp like ASTI with maybe 5 to 10 million in sales is quite another matter.
For Accountants that know what they are doing, this is easy work. Very few transactions. All the transactions are well documented. This should not take weeks to produce but only days. So something else is going on. The delay is intentional IMO.
I am a long term investor and this is my expectation for HMBL.
1. 1st Qtr 2021 as reported in April: small amount of revenues, no profits, possibly have received 2020 and before financials--stock price $2-$4ps.
2. 2nd Qtr 2021 as reported in July: Revenue improves, no profits, working out problems with App, small expansion in other countries. stock price $2-$4. ps.
3. 3rd Qtr 2021 as reported in Oct: Revenue continues to improve, still no profits, still working out problems with app, still working out problems with app. Stock price $4-$6.
4. 4th Qtr. 2021 as reported in Jan 2022. Revenues continue to improve, near or at breakeven, problems with app are less, expansion in other countries continues. Stock price at $4-$8.
5. 1st Qtr. 2022 as reported in April 2022. Revenues continue to improve, less problems with app, small profits--Stock price $6-$9.
This is a start up company and I dont have high expectations for the company in the 1st year of operations. IMO
What are you talking about delisting? The stock is already trading on OYC Pink sheet.
Thanks. Dont need your counsel.
Juat filed by Ascent Solar Form 8k disclosing the corps issuance of Preferred Stock on two closings with one on Sept 22 for 2 million dollars and one on Nov 20 for 3 million dollars. This is new working capital for Ascent going forward for something that is not disclosed. The Preferred stock is convertible to common shares to the extent that if fully executed the common shares interest would be reduced to 10 per cent approx. Good news and bad news but something that should stir an interest in Ascent and what it is doing.
Juat filed by Ascent Solar Form 8k disclosing the corps issuance of Preferred Stock on two closings with one on Sept 22 for 2 million dollars and one on Nov 20 for 3 million dollars. This is new working capital for Ascent going forward for something that is not disclosed. The Preferred stock is convertible to common shares to the extent that if fully executed the common shares interest would be reduced to 10 per cent approx. Good news and bad news but something that should stir an interest in Ascent and what it is doing.
Juat filed by Ascent Solar Form 8k disclosing the corps issuance of Preferred Stock on two closings with one on Sept 22 for 2 million dollars and one on Nov 20 for 2 million dollars. This is new working capital for Ascent going forward for something that is not disclosed. The Preferred stock is convertible to common shares to the extent that if fully executed the common shares interest would be reduced to 10 per cent approx. Good news and bad news but something that should stir an interest in Ascent and what it is doing.
Why does a company such as Penumbra Solar, Inc loan $250k to Asti which is without any profits or future, unless it is to acquire a significant position in stock on conversion at a nominal price??