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The stock is severely undervalued even with this dilution.
TOHO International Makes Multi-Million Dollar Investment to Acquire 50% Ownership in Select Content and Consumer Products From Genius Brands’ Frederator Network
Genius Brands International, Inc.
Wed, January 4, 2023 at 6:00 AM PS
https://finance.yahoo.com/news/toho-international-makes-multi-million-140000179.html
Up 8% on double avg volume today.
Investors like this deal.
Descent Solar Technologies.
Which of the products featured in this video are available now?
Power wall?
Added 50k shares today at .064. PR tomorrow to keep this momo going!
So why the volume increase last couple days? Insider dumping?
Another law suit settled!
Without Dave, there would be no SIRC.
He has grown revenues from $2M to $200M. I agree, lots of mistakes along the way. Dave didn't make these decisions in a vacuum. The blame should go to the whole previous management team.
I questioned getting involved with Pablo when the acquisition was announced.
Wed, Jul 14, 2021 at 12:25 AM
To: Luke Zimmerman
"Hi Luke,
This latest acquisition is troubling to me and many other shareholders.
While I know we have a great team making these decisions, I can't help but wonder why we would acquire a company (Pablo Diaz) who is currently embroiled in legal problems with his former company SING.
I sincerely hope you vetted this thoroughly to insure these legal problems will not have negative effects on SIRC.
Also don't see the value in this company other than looking good on a map. Does this company bring any real presence to these new states. Construction crews, physical locations, local presence? Or, is it just another sales company? I think our projected sales are on the verge of outstripping our ability to do all the installations/construction to meet them n a timely manner.
I've owned SING stock for many years and have not been impressed with the company or management. To acquire a SING reject is worrisome.
Please pass along to Dave.
We shareholders would like some reassurance that this new company is worth acquiring and the legal issues won't come back to bite us.
I, for one, would like to see this transaction cancelled and re-evaluated after the legal issues have been settled."
But now we have a revenue/profit producing company in capable hands to grow going forward.
Cleaning up mistakes. New management. Big projects in the pipeline, Stock extremely undervalued based on solid revs and profit.
Get these cheap shares while you can!!!!
WTF? 4M Volume.??
This seems like huge news! Would have expected the stock to react moore to the upside.
Nel ASA's subsidiary inks capacity reservation pact for 16 hydrogen fueling stations
Dec. 21, 2022 4:00 AM ETNel ASA (NLLSY), NLLSFBy: Meghavi Singh, SA News Editor1 Comment
Nel Hydrogen Inc., a subsidiary of Nel ASA (OTCPK:NLLSF) has signed a capacity reservation pact with an undisclosed US energy company, for the delivery of 16 hydrogen fueling stations to be deployed in the US.
The manufacturing of the equipment at Nel's factory in Herning, Denmark, will commence when a final purchase order is signed.
The value of the CRA is about $7M and is paid upon signature.
The final purchase order (including the CRA fee) is estimated to be about $17M, whereas a final pact is expected to be made in H1 2023.
Delivery of the fueling equipment is scheduled to commence in Q4 2023 and run throughout 2024.
Why stock down 23% on this financing news?
Ascent Solar Technologies Secures $50 Million Equity-Based Financing
Ascent Solar Technologies, Inc.
Tue, December 20, 2022 at 5:30 AM PST
ASTI
-23.55%
Ascent Solar Technologies, Inc.
Ascent Solar Technologies, Inc.
THORNTON, CO, Dec. 20, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Ascent Solar Technologies, Inc. (NASDAQ: ASTI) (“ASTI” or the “Company”) – ASTI, the leading U.S. innovator in the design and manufacture of featherweight, flexible thin-film photovoltaic (PV) solutions, announced today that it has secured an equity-based financing facility in an aggregate principal amount of up to $50 million from two institutional investors. Bryan Garnier & Co acted as sole placement agent and financial advisor to the Company.
On December 19, 2022, the Company entered into a securities purchase contract (the “Purchase Contract”) with the investors, pursuant to which the Company issued $12,500,000 in convertible advance notes (the “registered advance notes”), in a registered direct offering, for an aggregate purchase price of $11,250,000 in cash, net of an original issuance discount of $1,250,000, and an additional $2,500,000 convertible advance notes (the “private placement advance notes”), in a concurrent private placement transaction, for an aggregate purchase price of $2,250,000 in cash, net of an original issuance discount of $250,000, as well as warrants to purchase up to 2,513,405 shares of common stock. The convertible advance notes issued under the facility will bear interest at a rate of 4.5% per annum, which is payable, at the option of ASTI subject to certain conditions, in kind or in cash, and are convertible, at the option of the investors from time to time, into shares of ASTI’s common stock, in the amounts and on the terms in the convertible advance notes, or repayable in cash at maturity 18 months after issuance. Under the Purchase Contract, beginning 210 days after the entry into the Purchase Contract and subject to the satisfaction of certain other terms and conditions, the Company may offer and sell to one of the investors additional convertible advance notes, not to exceed $1,000,000 (or, with the consent of the investor, $2,000,000) in aggregate principal amount in any 30-day period, in subsequent registered direct offerings at a purchase price equal to 90% of the principal amounts of the notes, for up to a maximum aggregate principal amount of $35,000,000 of additional convertible advance notes during the term of the Purchase Contract. The Purchase Contract contains certain affirmative and negative covenants and events of default.
The Company intends to use the net proceeds of the financing to pay fees and expenses related to the financing and for working capital and other general corporate purposes, which may include, among other things, financing its continued growth, strategic investments in potential partners, capital expenditures and to satisfy other working capital requirements.
“We’re delighted to have secured this capital commitment, particularly in today’s economic climate,” said Jeffrey Max, ASTI President and CEO. “Ascent is the leading flexible thin-film solar player in the US; we are seeing a resurgence of innovative OEM demand for thin-film solar solutions, as well as support by government and ESG-conscious investors alike – it’s a very exciting time to be in the renewable energy space. We believe Ascent’s decades of innovation and manufacturing experience give us a huge advantage.”
“This capital comes at a terrific time, as we are seeking to expand R&D and production to serve an ever-broader base of industries and use-cases in addition to funding our working capital needs,” Max continued. “With a strong new leadership team in place, when strategic growth or investment opportunities arise, we believe ASTI will be ready to move.”
The registered advance note and the underlying shares of common stock were offered by ASTI pursuant to a shelf registration statement on Form S-3, which was filed with the U.S. Securities and Exchange Commission (the “SEC”) on October 21, 2022, amended on November 3, 2022, and declared effective by the SEC on November 7, 2022, and the base prospectus contained therein. The offering was made only by means of a prospectus supplement that forms a part of the registration statement.
Copies of the final prospectus supplement and accompanying base prospectus may be obtained on the SEC's website at http://www.sec.gov or by contacting Bryan Garnier Securities LLC at 750 Lexington Avenue, 16th Floor, New York, NY 10022, USA, +1 212-337-7000 or dzack@bryangarnier.com.
Good start. 2023 is the year for SPYR!
Law suit settled. Setting things up for a BIG 2023!!!
https://cdn.discordapp.com/attachments/1027343281706774538/1054810125963112459/IMG_2830.png
Get some of these cheap shares while they last...
Great DD summary!!!
Unfortunately this is pretty much a scam company.
Expect big things in 2023.
Should get some insight Friday!
" Will I recoup my losses…"
No you WIL not...lol
It's coming!
Mark this post!
Going to be a great 2023 for SPYR!
Took a week off.
Bullish as ever.
Just got off a call with Luke and his boss Ian. Very upbeat on SIRC for 2023. Says he worked with George at Resonant and has high praise for him. Also thinks the combined new executive team will be able to execute SIRC's plans, Should hear more about this on Friday. Also, SIRC actively working with capital markets for funding.
We will get to hear from our new CEO Friday.
https://www.globenewswire.com/news-release/2022/12/14/2573686/0/en/Solar-Integrated-Roofing-Corp-to-Participate-in-Benzinga-All-Access-Show-on-Friday-December-16-2022.html?fbclid=IwAR06TYg0VJ1RYep_TF0VwjZUdj_obg9eugzkgflGza5_HJa-YMaPU0Q52_8
SING cheerleader got out..hmmm.
EFLVF looks good for 2023! New factory should boost revs significantly. Funding 90% with low cost govt loans is great!
Baloney.
The table is set. Expect funding news this week. Maybe tomorrow.
Dubious at best. Most of the assets are IP. What IP? I think this company is a scam.
What do they do? Any news on any company activity? No.
No. They just put them out an wait for corrections
https://www.otcmarkets.com/stock/SIRC/disclosure
Very pleased with the compensation for the new hired execs. Much better with options rather than outright gifts of shares.
Gives both George and Martin have significant incentive to get the share price up!!
I apologize for any confusion stemming from the 8-K filing. Our IR website is correct as shown – Stefan holds the title of President. David does not.
Best,
Lucas A. Zimmerman
Got lucky ..lol
Brian's doing a great job. More big growth coming.
We are done with the diluting. Great progress this week!!!
Ready for liftoff!
Got my 14C information letter from SING in today's mail.
RS will be a big mistake at this time.
Need to wait until they have a proven growing revenus stream.
Without it they will uplist at $7 and drift back down by at least 50%
RS should be done in a position of strength not at all time low SP..
https://finance.yahoo.com/chart/SING#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-
It's coming. Projected revenue of $400M+ for 2023. Should be able to carve a chunk of cash out for BB.
"Martin McDermut brings more than 30 years of broad financial leadership to SIRC, with a strong track record in strategic and financial planning, business development, mergers and acquisitions, and SEC reporting for NASDAQ-listed technology companies. Prior to joining SIRC, McDermut was CFO of Resonant Inc., a Nasdaq-listed provider of radio frequency (RF) filter solutions for the mobile device industry, before being acquired by Murata Manufacturing. Prior to Resonant, McDermut served as Vice President and CFO of Applied Micro Circuits Corporation, a publicly traded semiconductor company, which was acquired by MACOM Technology Solutions Holdings. In addition, he previously served as Senior Vice President, Finance and CFO of Vitesse Semiconductor Corporation, a publicly traded semiconductor company, which was acquired by Microsemi Corporation. He also previously served as CFO for other publicly traded companies including Iris International Inc. and Superconductor Technologies Inc. He is a member of the board of directors of CDTi Advanced Materials, Inc. and he also serves as a member of the Board of Trustees of Sansum Clinic and on the Board of Trustees of CSUCI Foundation. McDermut holds a BA in Economics from the University of Southern California and an MBA from the University of Chicago Booth School of Business. He is a Certified Public Accountant."
With enough revenue the share structure can be fixed.
Without revenue we would be doomed.
$350M projected for revs next year can buy back a lot of shares..
Massey has been working with the new CEO George for months. Just getting their ducks in a row before announcing.
Funding and new CFO/board next.
Revenues have outpaced dilution by 10 to 1.
Get over it.
Massey grew this company from $5M to $220M in revenues.
Now he has handed it off to a great CEO and President.
Terrible job! LOL
Brad12 — Today at 5:32 PM
Dave has to go and he will once everything is in place. You complaining won’t speed that up, it’ll happen when it happens. But why is no one really talking about the numbers. Like this for instance:
They have 291.6mm in revenue that will be recognized in the next 12 months already in process. While I’m sure some residential is included, that has to be a big backlog of commercial projects underway and will be completed in the next 12 months. That’s some big time cash flow that will be coming in
Without doing any new deals/contracts they already have a bright next 12 months. Let that sink in.