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I honestly think the CEO is using alias to post on Ihub..CEO is actively seeing all messages here..lol
The SCAM DRY ships is not picking up the phone. Sent tons of complaints to SEC and the trump administration. Why should this be even allowed to trade?
Our partners replied that
http://www.otcmarkets.com/stock/ASTI/news/Ascent-Solar-CEO-Increases-Equity-Stake-to-Over-20---Demonstrating-Commitment-to-Ascent-Solar?id=149032&b=y
It is restricted shares. So i stand corrected.
But still, why at a rock bottom price and not earlier?
Our partners replied that
http://www.otcmarkets.com/stock/ASTI/news/Ascent-Solar-CEO-Increases-Equity-Stake-to-Over-20---Demonstrating-Commitment-to-Ascent-Solar?id=149032&b=y
It is restricted shares. So i stand corrected.
But still, why at a rock bottom price and not earlier?
I was very happy when i spoke to Lee last time and he trying to be open to shareholders, but there seems to be a lot of questions. Initially dilution happened in October and he knew/ or atleast have an idea on the OS (not the exact as it may vary on the price shares got converted) so that was when the stock price was at 3 or 4 cents per share. So CEO basically knew that the price will go down a lot and since there were no other choice. When i see the latest 8k - 600k note was cancelled for 333+ million shares. First of all we don't know if it was restricted and the second thing is - he had it at 0.0018 (which was basically the bottom) so he will end up doubling the 600k even at 0.0036 and if it was not restricted, the TFG group could have dumped it at 0.007 a couple of days back. Why did not convert the 600k note at an earlier date & at a higher price? so basically he knew what was going to happen. That to me is just WRONG. When i spoke to Lee, he told me that dilution was inevitable and investors are not willing to pay a higher price for loan conversion to higher stock price. Obviously if the CEO himself is willing to convert it at a rock bottom price, why would any investor convert it at a higher price? Now i start to question everything
Do you all remember me? i told you.. i did speak to CEO and he explained me about the solar energy costs. He personally invested in millions and he did not give any insider information but he was very confident that he can turns things around but needed some support.
Cost of solar was 5 dollars/watt 10 years back, but it is now at 50 cents per watt. Even if another company had to buy them, this is going to fetch a very good value. This company is heavily shorted. Right now, they need funding because they are close to getting some big projects. so a dilution is possible, but it is for the good because this is going to skyrocket with any good news. You can talk anything about Victor, but he is a nice person who had the time to explain his personal investment and all the details.
Trust me. CEO had invested 40-50 million. Solar market is really down, but this company is far ahead in innovation. It is just a matter of time because they have got lots of patents, equipment, and IP and it is worth close to 50 million (but on a fire sale might still get 10 million) Some of the big contracts are taking time, but they are definitely do not want to let the investors down.
I just spoke with the CEO - you guys are all wrong. THis company is heavily shorted. I am a heavy investor and he was explaining all the assets and their projects. This company is NOT heading for bankruptcy, but they need funding but the CEO is confident that things are improving very very well. I had a conversation with him for an hour. Some contract deals are well within their reach and can come out any time soon.(but he cannot reveal) THis will go down because they need some funding, but definitely their assets are high and the CEO had personally invested millions!
Sorry I disagree with you. I maybe wrong, but time will tell.
Based on the CES 2017 show, i think some big news is definitely coming to push this to 1 cent.
One thing for sure - Do not be fooled by high volume. MM's are playing. They know that the individual investors holds a lot of shares. They want to create huge selling pressures and grab. They can sell 30 million and buy 40 million in parts. so you can still see 70 million volume. Do not believe that. Best would be to hold on to shares.
Reason why unsecured did not want to convert to shares - is it possible that Victor is going to do Reverse split and that is why did not want to get converted to shares?
Co Senator - please write to him and ask if his administration will do anything for ASTI/solar companies in CO
For ASTI - it is best to write to your senator - Michael Bennet asking if he is going to give any contracts for solar companies.
For ASTI - it is best to write to your senator - Michael Bennet asking if he is going to give any contracts for solar companies.
I know from reliable sources who had done their DD that this company is going to go up. I feel sorry for those who lost when it went down from 50 cents or a dollar to 1 cent and below. But now is the time to buy.
People can bash all they want but Victor lee is definitely taking good steps. We cannot expect this company to suddenly move up to a dollar or two, but this is a small step.
Honestly the 8K is pretty good. Unsecured is good (actually 2) Victor Lee is definitely getting funds. This is positive! and this is the turning point
ASTI is picking up steam. Good bids coming up