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Its not like Vivtor Lee is making more money every year the stock goes down now that would start to make me think something was benifiting him.
Salary, Bonus, and Pay details for Jobs at ASTI Key Executive Compensation ASTI
Kong Hian Victor Lee/Chief Executive
2013 95,660
2014 298,662
2015 557,236
Some people feel this is a dilution pump dump scam miss management get rich play with Victor Lee at the Helm of the Big Ship full of DUNG.
What if that is not the case and the amount of share stayed the same that 450 million.And Victor Lee who used to be with Citibank and seen what Citigroup Reverse Stock Split did for that company having had connection in the Banking community.If there plan is simply to Scam Investors for there own Personal gain starting of as a listed company was not even need to do a PUMP and Dump.This Company had to change course in order to keep a great product alive it need to shift is Focus. Victor Lee is not some Captain of a giant turd. http://tosh.cc.com/blog/tag/poo/page/6
Humans are programmed to act as a community, it's what we do for survival and it's human nature, so the weak and new trust others and they get taken for a lot of money.
Many of the new guys in the market miss one thing: For you to win someone else has to lose, if they know that and still get involved with penny stocks, then yeah, it's their problem. However the newbies don't even get that simple concept they think the money comes from magic or something.
Kong Hian Lee Common Stock 05/19/2016 (1) A 600,000 A $ 0 600,000 D
The Company expects to have approximately 17 million post-split shares outstanding as a result of the reverse stock split. The number of authorized shares of the Company's common stock will remain at 450 million shares.
The number of shares of the Company's Series A, E, F and G Convertible Preferred Stock outstanding will not be affected by the reverse stock split. However, the number of shares of common stock into which each outstanding share of Series A, E, F and G Convertible Preferred Stock is convertible will be adjusted proportionately as a result of the reverse stock split.
All outstanding RSUs, stock options, warrants and rights to acquire shares of the Company's common stock will be adjusted proportionately. The maximum number of shares available for grant under the Company's stock option plan and restricted stock plan will be adjusted proportionately as a result of the reverse stock split.
Victor Lee Dir., Chief Executive Officer and Interim Principal Financial Officer, Ascent Solar Technologies, Inc.
This Guy is very well Skilled to handle cram downs, Most early stage companies go through multiple rounds of private financing, and one or more of those rounds is often a “down round,” which entails a disappointing price per share and, therefore, significant dilution to those shareholders who are not in a position to play in the later rounds.
The Chief Executive Officer and all senior financial officers shall not, directly or indirectly, take any action to coerce, manipulate, mislead or fraudulently influence any independent, public or certified public accountant engaged in the performance of any audit or review of the financial statements of the Company that are required to be filed with the SEC if such person knew (or was unreasonable in not knowing) that such action, if successful, could result in rendering such financial statements materially misleading. For purposes of this Code of Ethics, actions that “if successful, could result in rendering such financial statements materially misleading” include, but are not limited to, actions taken at any time with respect to the professional engagement period to coerce, manipulate, mislead or fraudulently influence, an auditor:
Mr. Victor Lee is the managing director of Tertius Financial Group Pte Ltd, a boutique corporate advisory and private investment firm he founded in February 2009. He brings more than 17 years of experience in corporate banking, real estate finance and investment management, and corporate advisory services at leading worldwide financial institutions. Mr. Victor Lee began his career at Citibank N.A., in 1993, handling small- and medium-sized corporate finance.
Most early stage companies go through multiple rounds of private financing, and one or more of those rounds is often a “down round,” which entails a disappointing price per share and, therefore, significant dilution to those shareholders who are not in a position to play in the later rounds.
ASC 815 also provides guidance on how reporting entities determine whether an instrument is (1) indexed to the reporting entity’s own stock and (2) considered to be settled in the reporting entity’s own stock. Such a determination will dictate whether an instrument should be accounted for as debt or equity and the appropriate accounting for the instrument. Finally, ASC 815 addresses the accounting for non-exchange-traded weather derivatives. The Codification also provides certain industry-specific derivatives and hedging guidance, but such guidance is included in the industry sections of the Codification.
Derivatives and Hedging, the conversion options in the Series D-1 Preferred Stock were
deemed to include an embedded derivative that required bifurcation and separate accounting. As such, the Company ascertained the value of the conversion option
as if separate from the convertible issuance and appropriately recorded that value as a derivative liability. At closing, a derivative liability and a corresponding debt
discount in the amount of $3.4 million were recorded. The debt discount of $3.4 million was charged to interest expense. As of March 31, 2015 , the value of the
derivative liability associated with the Series D-1 Preferred Stock was $0 as the Series D-1 Preferred Stock was fully converted as of March 31, 2015 . A net gain of $2.7 million was recorded to "Change in fair value of derivatives and gain/(loss) on extinguishment of liabilities, net" in the Consolidated
Statements of Operations for the quarter ended March 31, 2015 upon extinguishment of the D-1 Preferred Stock liability and the related embedded derivative.
The derivative associated with the Series D-1 Preferred Stock approximated management’s estimate of the fair value of the embedded derivative liability at
the closing date based on using a Monte Carlo simulation following a Geometric Brownian Motion with the following assumptions: annual volatility of 45% , present value discount rate of 12% , dividend yield of 0% , and a life of 0.2 years .
Positive Results
Other Income / Expense, net. Other Income / Expense was a $3,021,000 net expense for the three months ended March 31, 2016 compared to a $10,866,000
net expense for the three months ended March 31, 2015 , a decrease of $7,845,000 . The following factors contributed to the decrease in other income/(expense)
during the three months ended March 31, 2016 : 1. Interest Expense decreased $7,704,000 as compared the first quarter of 2015. The decrease is primarily due to non-cash interest expense and amortization
of debt discounts related to the Notes, Series D Preferred Stock and Series D-1 Preferred Stock. We did not incur substantial interest expense as a result of
these instruments during the quarter ended March 31, 2016 because these instruments are no longer outstanding.
2. We incurred $909,000 in non-cash interest expense during the quarter ended March 31, 2015 as a result of the liability classified warrants associated
with the Series D-1 Preferred Stock. This was a one-time non-recurring expense.
3. Change in fair value of derivatives and gain/(loss) on extinguishment of liabilities, net increased $750,000 as compared to the first quarter of 2015. The
increase in this non-cash expense is the result of changes in the fair value of our embedded derivative instruments during the quarters ended March 31,
2016 and March 31, 2015 , and extinguishments of Series E Preferred Stock and Series F Preferred Stock.
Net Loss. Our Net Loss was $10,525,000 for the three months ended March 31, 2016 compared to a Net Loss of $17,788,000 for the three months ended
March 31, 2015 , a decrease of $7,263,000 .
substantial
doubt exists. ASU 2014-15 is effective for all entities for the annual period ending after December 15, 2016, and for annual and interim periods thereafter, with
early adoption permitted. We have not early adopted ASU 2014-15. The Company is researching whether the adoption of ASU 2014-15 will have a material effect
on the Company’s financial statements.
During three months ended March 31, 2016 , the Company made no disbursements to TFG Radiant. During the three months ended March 31, 2016 and
March 31, 2015 , the Company recognized revenue in the amount of $0 and $0, respectively, for products sold to TFG Radiant under the supply agreement. As of
March 31, 2016 and December 31, 2015, the Company held $0 and $0 , respectively, in receivables and deposits with TFG Radiant
Series H 7% Convertible Preferred Stock and the shares of common stock issuable upon conversion thereof
Rule 506(b) is a rule under Regulation D that provides conditions that an issuer may rely on to meet the requirements of the Section 4(a)(2) exemption. One of these conditions is that an issuer must not use general solicitation to market the securities.
“General solicitation” includes advertisements published in newspapers and magazines, public websites, communications broadcasted over television and radio, and seminars where attendees have been invited by general solicitation or general advertising. In addition, the use of an unrestricted, and therefore publicly available, website constitutes general solicitation. The solicitation must be an “offer” of securities, but solicitations that condition the market for an offering of securities may be considered to be offers.
will close over .059 might even get lucky and run up over .0615 close at .6
Even going dark or Private on the split it was payed .15 cents so I am thinking anyone who keep share will see better than this down the road.
Without them series H convertible notes. No more operation inevitable bankruptcy. The fact that Victor Lee continue Revenue infusion in order to stay operational through the paradigm shift when debt reduction sales from Enterplex a presumably new contract generate enough Revenue stimulating the stock price and attracting more investors down the road you can see a forward split and potentially even an uplifting back to the big leagues. Without that issuing game over.
News coming soon watch.
That bobblehead comment could be considered a Micro aggression optimistic posters?
Infinite patience gets you immediate results
ALLIANCE SPACESYSTEMS, LLC
is the premier manufacturer of composite structures for spacecraft and other high-tech applications where strength-to-weight ratio, superior stiffness and dimensional stability are key requirements.
ASTI lightweight PV modules were selected by Vanguard Space Technologies,
Inc. (Vanguard) in 2H 2014 to create an ultra-thin, high power-to-weight ratio,
large space solar array
? Vanguard had passed a key test milestone with its Thin Integrated Solar (THINS)
PV technology , performed by the NASA Jet Propulsion Laboratory plasma
facility, which is intended to power next-generation spacecraft*
Vanguard was acquired as a wholly-owned subsidiary of SolAero, but will be operated under the Alliance Spacesystems brand name. While the acquisition of Vanguard offers key synergy opportunities for the company, no near-term changes to any of the companies' operations are planned as a result of the transaction.
"We are delighted to add Vanguard to the SolAero family. This acquisition combines highly complementary core businesses to create a stronger company that will drive value for our worldwide customer base," said Brad Clevenger, CEO of SolAero. "We look forward to continuing to bring innovative and cost-effective solutions to all of our customers across all lines of business."
Oversold
Relative Strength Index (RSI) if it crosses over the indicator line history on this stock show large quick price spikes on this.And it could be a Big spike being so long in this Oversold status.
If the price breaks over 0.0615 then it should climb up maybe even a nice runner today before the weekend.
Breakout coming look for .07 then climbing
Lithium Market New Might Lift stock today.
Panasonic expects to double sales of electric car batteries in three years
apan's Panasonic Corp said it expects strong demand for its lithium-ion batteries from Tesla Motors Inc to help more than double its annual sales of automobile-related batteries in three years.
Kenji Tamura, an executive officer in charge of Panasonic's automotive and industrial systems business, said he expects the firm's annual automobile battery sales to grow to 400 billion yen ($3.98 billion) in the business year through March 2019 from 180 billion yen in the year ended March 2016.
The company sees combined annual sales of automobile batteries and energy storage products to grow to 500 billion yen, around 2.5 times sales in the last fiscal year, he said.
Tamura also said Panasonic planned to bring forward its $1.6 billion investment in Tesla's $5 billion "Gigafactory" plant in the U.S. state of Nevada upon the request of the electric car maker, to meet strong orders for Tesla's upcoming Model 3 sedan.
Panasonic is the exclusive supplier of batteries for the Model 3, Tesla's first mass-market car.
Citing "tremendous demand," Tesla Chief Executive Elon Musk in April said his firm planned to boost total vehicle production to 500,000 cars in 2018, two years earlier than its original target.
I am just trying to add some flavor to this over cooked stock man.
Ascent Solar claims these fully laminated new offerings can conform to the shape of wind and airship hull surfaces because they utilize the company’s flexible, monolithically integrated copper-indium-gallium-diselenide (CIGS)
Production is underway on the world’s largest aircraft
California-based airship maker Aeros has announced that production has commenced on the Aeroscraft ML866, the world’s largest aircraft. The blimp has entered a ‘design freeze’, with the company now focused on building the airship’s patented buoyancy system, called COSH (control-of-static-heaviness).
“We are excited to reveal production is underway on the 555-ft [169-metre] long ML866, and committed to achieving FAA operational certification for the first deployable Aeroscraft in approximately five years,” said Igor Pasternak, Aeros
Solar Ship ????
Ascent Solar Brings High-Voltage, Low-Current Solar Products To Market
Company Like this Might be a target for sales.
Solar Ship Inc. builds aircraft called solarships to service remote areas, most of which have no roads. The solarship is a hybrid aircraft, gaining lift from both buoyant gas and aerodynamics
This gigantic Chinese airship flies on solar power for up to six months at a time.
http://www.sciencealert.com/this-gigantic-chinese-airship-flies-on-solar-power-for-up-to-six-months-at-a-time
ASTI UP On Dallas New. All the Cell phones that were losing power and needed charge Enterplex will be in higher demand. Bug out bag must have Top 10.
might not be able to get share under .73 if this decides to break out on a second cup and handle pattern. and breaks up to a 1.00 spot.
Shaking out the kinks this will rebound and catch some people wishing they were in the action.
ASTI .068 If we climb over this we could have run to .08 easy.
ASTI = POS Possible Opportunity Stock
POS Ascent Solar Technologies about to make a move. looks like moving up.
yes the charts seemed correct on this one. sometimes there very good indicator to what about to happen. Only trouble in the OTC Penny land is you can get burned faster than paper light on fire.
LACDF 0.7680.052 (6.34%) Were is the price going next ? I am say consolidation.
Morningstar
Two-Star - the stock is somewhat overvalued
Valuation Overvalued
Quantitative Uncertainty Very High
Victor is fluent in English, Mandarin and multiple Chinese dialects."
Victor Lee said Yào pòchan Yào pòchan Yào pòchan many times in his sleep.
ASTI Saving Money on Electric.solar rooftop array @ Thornton manufacturing facility.Over time, going green has the potential to save your company millions. ... Producing paper documents waste a lot of money in paper and ink.
should move back toward the VMA on the 10 min chart before close today .0691
just watch time and sales and you can see this about to move.Does not take much to set this into upward movment. Oversold is a condition in which the price of an underlying asset has fallen sharply, and to a level below where its true value resides. This condition is usually a result of market overreaction or panic selling.
this is trick before the break out flush out the weak and then turn on the burners.we could see some real movement coming now.
.08 maybe today
July News coming.
market cap of $1 million, ASTI has been a disappointment for investors. Consider that when we last profiled the company in May, it had a market cap of $9 million. The company really needs to deliver some major PR and get investors excited again. The good news is that shares are quite oversold at current levels and due for a technical bounce.
Not Today but this is about to move up..08 coming fast after that will be primed for a spike.Keep your eye on this one this week looks ready for some bullish up turns.
I think not but I am just a regular person doing this for intellectual stimulus.