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Thanks for much needed lifting of spirits...
Your quote is from what source? Thx!
Not a bad plan, imho
IMHO - I think it is right where it could be expected to be, given that I've seen a pattern over years where, when big investors ($millions) are facilitated to buy shares at discount prices (like the ones insiders seem to get), there is often a 20% drop soon after, preceding a significant appreciation as more people draw confidence and decide to invest for the long haul. I think it did splendidly today after 1) the 2015 numbers just released, 2) the low volume dive many stocks take before the FOMC meeting, 3) the continued losses in oil stocks after a big run up, and 4) the fact this is inherently a long-term investment for sustainable gains. The Singaporeans bought at 8.2 cents or thereabouts, so no surprise if it revisit 7 cent a couple of times. Time to unfurl the sails now, is what I think...
I firmly believe this will recover above 10 cents.
So, if existing individual investors bought all available shares before the meeting, and voted all their shares against an increase in the OS, would we have a majority to stop them from increasing OS by 25 X?
Perhaps an alternative proposal might be offered to limit them to the 2 billion, not the 10 billion, since that already seems to be priced in. Are they out of their minds to ask shareholders to agree to another 25 times dilution? That makes it, what, about 0.0003 per share post dilution?
We're supposed to agree to that? How do they figure?
Any viewpoints? Any insights into how this would be achieved?
Thank you for explaining this.
So, each month, if he would exercise his options, are they granted at an open market value as it is trading at the time, or does the company credit the value of the grant to him at a prevailing market price?
But does it mean the open market price will dip to 6 cents to accommodate his right to buy at that price, or, are those shares held already by TGF Radiant, that they already own, and he is "compensated" with shares they already hold, valued at .06? OR, Does this condemn the stock to a monthly return to .06, every time he exercises his options? And would those be open market transactions? Please forgive my ignorance of how this works in the real world...
But if the contract is that he can buy at .06 each month, will his exercise of that contract not bring the share price back down to only 6 cents ever month for 3 years? This would keep a lid on it for 3 years: what am I not understanding correctly, if you know?
RE: ASTI:Form4, 3/14/2016
Would someone more experienced than myself please tell me if this means this person gets to buy shares at 6 cents once a month for 3 years?
Please tell me what it is I am not interpreting correctly from this Form4.
Yeah, Mondays always prone to low volumes and "wait and see" attititude, whereas, in addition, this week is prone to low volumes due to the Fed meet Wed, in addition to high volatility on the options expirations cycle. A perfect storm! Think we're all cool to wait and see what ASTI will deliver.
The journey to Mars begins with a single step!?!
I agree, the big buyers at .08 set a benchmark for others to take up positions. Their homework was already done for them.
Asti lost nearly twice as much $$ in 2015, EPS -4.95 versus MadBox EPS loss, the latter has plans to sell a renewable resource that many people feel they need every day, while ASTI has aspirations to go to Mars. I wonder how many people would spend $300/ year on a Medbox organic product every year versus how many would pay the same for a solar re-charger for their mobile device. Yet ASTI managed to pull itself up from .05 to .10-.12. Some private investors and some talk of concrete contracts on the intermediate term horizon helped ASTI. Well, maybe MDBX can recover equivalent of 10 cents one day. That's all I'm just wondering about...
Why don't you do your own point by point comparison, even if it is apples versus oranges, and come to your own conclusions. If you really do the maths, I'll be very interested in your fact-based conclusions regarding which company of the two is the better investment (excluding the easy one that neither probably is).
Let's pray it is the first wave in an Elliot Series!
Very interesting indeed...
That was a beautiful candle today...
ASTI lost $45 million for 2015, and they are trading .08-.12 past two days, after recovering from 5 cents.
Yeah, especially with typos! I just hate it when the keyboards on these tiny devices lead to spelling errors.
And Spell-checker is even worse!
It's a shame iHub charts do not normalize for the pre-exchange transition. One can no longer get any kind of full picture from their charts, which is very inconvenient. Other charting services seem able to cope with this... Why not iHub?
You also predicted open at .11! Wish I'd acted on that brilliant theory! Then bought again at .084...
You sure about that?
It was excellent advice you gave him. If those investors could take a long term view, based on the now positive trend (albeit slow-growing), and not cause further harm to the prior/current shareholders, who have been more than patient.
Well stated.
The volume Friday cannot be explained by shorts clearing out before the weekend, at least, as far as I can figure...
Looks more like some were afraid of being left out of a run up in the 3-4 days before ER next Thursday. Why?
Why are there stars?
Well, folks, I gotta tell ya' -- the fact that a company that lost $45 Million is getting so much positive attention... Well, I tell ya WHAT -- it makes me feel a whole lot better 'bout myself!
-- John Wayne
We need Richard Branson to get interested.
I don't know, but if I had to guess, best case scenario:
Some people will allow that the trend is in the direction of progress, and that it might possibly go to .12- .18 in the coming month.
Djpope - I really like your posts; breath of fresh air...
I've seen good companies transition to OTCQB due to collapse of oil prices, whose management chose to stick with their strategic plans, rather than deviate to an inferior strategy just because of NASDAQ's completely arbitrary time frames. One case share price recovered magnificently in only a few short weeks.
All good points. To the courageous (sometimes) go the spoils!
It seems that the bottom line is not worse than it was when the stock was devalued to 5 cents. The probability of contracts is nearer. Sales are growing. Friday AH news was a bucket of cold water thrown on the hottie of the day, However, Let's see what happens if a major contract is announced in next few weeks.
Thanks, I hope to take a position and only feared the banks would be "nailing them to the wall", so to speak. I liked this mgmt when I studied them 2009. They may have done the smartest thing...
$496 million plus 5% interest in loans is "pocket change"? Really? When the bank suddenly wants to redetermine the loan amount in this environment? You think they don't know oil prices may fall or be stagnant for months, even though people on iHub message boards do?
I am ignorant of the real significance of this big loan draw and bank's reaction, but it does seem worrisome.
I read somewhere that one third of oil producers are estimated to risk bankruptcy at some point because of the oil bust. I would consider those trading below $5-10 per share to be first on the chopping block.
I saw this as s great buy in 2009 and watched it grow from $4 to ?? - more or less a 10 bagger ... but near future prospects I am most uncertain about since this recent news.
"Whatever is going on with Ascent, I hope that it is Good for the business and investors alike and is something that can and will provide sustainable growth for the Company. It's time is well past due. "
Very much agree these sentiments.
Yes, surprising strong close as if many expected or feared to be left out of s big gap up Monday morning. However, the content of the ER published after-hours confused me because 1) the strong run up was before the 'news' release and 2) the $45 million loss, though less than last year, was hard to interpret as justifying a doubling in current share price. One can only conclude perhaps, that even with current debt levels, and still being far in the Red, some saw the PR early and concluded
the stock was oversold in 5-6 cent range. Many of us had that sense without any PR. But I'm not certain about rocketing above 20 cents with annual loss 45 million.
So, we are to expect a new and different quarterly earnings release next Thursday, is that correct? I think what was released AH Friday must have been published much earlier somewhere else, like, the night before, to explain the behavior Friday. Or else an 800 pound gorilla suddenly decided they were hungry for 20 million shares, and wasn't worried about the price because the zoo keeper was paying for them.
Me, too!!!
I think there are some who run a stock up the few days before earnings, and a lot of algo trading that can drive a modest gain up disproportionately. A lot of traders don't like to hold over s weekend, and many do not like to
Buy just before earnings. So the steep rise on a Friday was surprising. If there is s big PR coming out next week other than the QTR earnings, then how is it that some knew it on Friday? Low prices = easier manipulation. Any who sold Friday may regret it when it runs to 15,20 or more, but one cannot really criticize anyone for deciding to take money off the table after a 65% rise in one day. Shareholders have been in purgatory on this one. Can't blame them for walking out the exit door when it's finally open.
Makes no sense
Thank you, I look forward to that presentation.
You've got messages mixed up: I wasn't bashing the stock, and I was not late to the party. I was remarking on the irony that only Thursday, many felt buying above 6 cents was too risky. A day later, seems like those prices will never be seen again.