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This can't be right. The company must be a scam according to the very experienced traders on this board.
Of the 1.1 billion shares, 250 million were tied up in a August 10, 2017 purchase warrant which expires August 10, 2018 and therefore could not be sold. Another 250 million were tied up in a July 24, 2017 purchase warrant which expires July 24, 2018 (today) and could not be sold also. Another 200 million were under a December 20, 2017 purchase warrant which recently expired on June 30, 2018.
GLTA Longs
You know there is some serious bias when posts that directly say "sell it" are allowed to stand whereas those that are innocent and try to encourage a long who is being made jest of get deleted instantly.
Okay. We know who deleted my post, which by the way was not telling anyone to jump in.
Just keep tweeting all you can now. Because you don't have much time left.
Can someone please tell me how many we have on the bid at .0004. Rhymin and Chacha you do not need to respond.
rhyminrhymin I was expecting you to respond, because that's your day job.
Let it come. I will buy more.
The Powerkeep 50 Cooler is now in the market. Very good pricing and awesome incentives for combo buys. Very good for ASTI.
https://www.indiegogo.com/projects/powerkeep-50-the-all-day-fun-in-the-sun-cooler-party-solar#/
Actually, no one cares whether you buy or not.
Dumbof you are going to be very RICH. I mean very very RICH! It amazes me how some people just can't see where the world a going. ASTI, a 13 year old company is making a significant foray into a 61 year old well established space industry with two global contracts (first JAXA, and now DLR), and yet some people in this microwave generation are too anxious for immediate profit that they fail to see this significant investment opportunity. If your only measure of a company's potential for success is its past turmoil or its current price, then you are going to always be behind the curve. It takes a lot of money and yes, a lot of debts to make a strong footing into the multi billion dollar space industry. That's exactly what ASTI has done and I am proud to be part of the story. No pain, no gain. I for one am not the type that likes to reap where I did not sow. So yes, I am with ASTI on this one and we will make it together and make it big. The future is almost here!
At my estimated 1.95 billion shares owned by Boone as of Jan 31, he now has 18.9% of the outstanding shares, so he is still within the limit.
Can you do me a favour Vand? Can you post the link(s) to the complete filings that were done for the 1.55 billion shares of Boone prior to when that information was provided in the last Q3 report?
If any notes are converted and the OS rises leading to a fall in price, instead of quitting I would simply buy more to maintain my position in wait for the rainy day.
By my projection, the next 10K should show a current liability of about 8 to 9 million, down from the 11 million that was reported in Q3. Revenue on the other hand should have improved to about 1 million. At the same time, the next 10Q should show a current liability of about 7 million or less with revenue of at least 1 million (based on current information). I was never expecting fireworks. I have always expected a slow and definite turnaround, and that is what I believe is occurring. The further improvements that will be seen in the next 10K and 10Q will inspire more confidence in this stock. In the meantime, those who believe in the company's fundamentals are continuing to increase their positions.
Just because a stock presents an investment opportunity instead of a trading opportunity does not make it a bad stock. You are right, I am not a day trader. There are some of us who do not want to become actual traders. Many of us are okay with being value investors alongside our main careers. Not that there is anything wrong with being a day trader, it is not just for some of us. As I said in an earlier post; given the price history of ASTI, the majority of the remaining holders of the stock are value investors who won't easily let go of their position, who are not deterred by the current price decline, and who actually see it as an opportunity to buy more.
BEHIND ALL THE EMOTIONS Let me explain why I still have lots of confidence in this company and willing to wait 2 or 3 more years. I already talked about the PowerKeep connection in an earlier post, so I won’t be doing that today.
As of Q3 of 2017, we know that Boone had invested a total of 9.01 million dollars in the company of which 69 percent or a whopping 6.2 million had been converted to 1.55 billion shares of common stock (see Q3 report, pages 24 and 25). That is a daunting move by an insider, for a company that non-insiders with very little information are speculating will go bankrupt. I have heard people in ihub say funny things like “Boone has protected his investment, in the event of a bankruptcy he will get his investment back”. No he won’t! Not under SEC rules, otherwise someone would go to jail. Only Boone’s 2.81 million dollars in preferred shares were protected as of September 30. The other 6.2 million dollars in common stock is unprotected and just as risky as our own investments. So it gives me a lot of confidence that an insider with all of the information he has about the company, would opt to put 69 percent of his money in unprotected investment in the company.
It gets even better. On January 30, 2018, ASTI had 9,937,480,079 outstanding shares and 8,016,048,320 were held at DTC, meaning that 1,921,431,759 were held by insiders – mostly by Boone of course. On January 31, the outstanding shares increased by 404,411,765 to reach 10,341,891,844, but held at DTC did not change. I have been looking up those numbers every day since January 31 and held at DTC has not changed. It tells me that the entire 404.4 million share increase on January 31 was due to insider buying. We know who that insider was; Boone has obviously converted another 1.6 million dollars into more than 400 million shares of common stock at a fixed conversion price of 0.004 (I want to believe the fixed conversion price has not changed because changing it would contravene SEC regulations as the rest of us have not been informed of any change in the insider agreement).
So let’s do the math; as of Jan 31, Boone now has $12 million in the company per the February 2017 agreement to invest $1 million per month. At least $ 7.8 million of that have obviously been converted into unprotected common stock while only 4.2 million dollars is protected as preferred stock.
Therefore, if you are one of those saying that this company is going bankrupt or that a reverse split is coming, what you are actually saying is that Boone is an idiot, and that he was an idiot as recent as January 31. Think about that.
The $2,000 is not for 96 Watts of power. It is for 96 watts solar panel plus 1,231 Wh power bank combo. Look up the post again at
https://www.amazon.com/Ascent-Off-Grid-Portable-Solar-Large-Format/dp/B074GDC8R1/ref=sr_1_2?ie=UTF8&qid=1518275856&sr=8-2&keywords=XD48
Meanwhile a comparable product from YETI comprising of a 100 watts solar panel and 1250 wh power bank combo goes for $1,750 - see link below. So that's competitive pricing to me especially considering that the ASTI product is preferable because it is solar on plastic which is lighter and won't break or stop working even with a puncture, therefore more portable. The panels on the YETI product on the other hand is mono crystalline silicon on glass, which is heavier, can easily break and which would stop working completely with a tiny fracture. Think about that.
Meanwhile, I need to research to find out where YETI sources their panels. If they are getting the panels from one to those Asian countries with tariff imposed, then we should not even be having this conversation.
https://www.amazon.com/Goal-Zero-Chainable-Generator-Alternative/dp/B071D9K1BG/ref=sr_1_3_sspa?s=electronics&ie=UTF8&qid=1518276002&sr=1-3-spons&keywords=YETI%2Bpower%2Bbank&th=1
And now here is another comparable YETI combo that goes for $2,000 as well still on glass panels that are even less efficient (60 watts).
https://www.amazon.com/dp/B007Q27WEM/ref=psdc_348967011_t3_B071D9K1BG
Whoever is doing that ought to know that those of us still holding this stock at this price level are not news anxious traders. We are long term investors who have lots of patience and don't mind the short term decline in the stock price. We have lots of faith in this company and won't give up our shares for fear. It is why we are still holding it.
So let them continue to sell 3 pieces, 42 pieces, 92 pieces.... they are wasting their time and money. I will continue to buy the 3 pieces, 42 pieces, 92 pieces... as long as the price remains in the triple zeroes.
Dumbof just like you I have lots of shares with a triple zero average because 90% of my shares were bought at triple zero 5, 6, 7 and 8. And I am not prepared to give those up for peanuts. I won't mind waiting another 2 or 3 years if that is what it would take.
Those who claim to have sold all their stock but yet won't leave the board are here for only one reason; somewhere at the back of their mind, they know that ASTI has great potentials and likely to turn the corner at anytime. I dare them to prove me wrong and stay away from looking up ASTI for two whole weeks. Go ahead, do it.
Thank you for the update.
Yes. LED solar light bulbs is likely next after coolers. See trademark application filed in October. The future is going to be really bright. Let the naysayers continue to say nay until reality dawns. It is a free world.
https://trademarks.justia.com/876/54/powerkeep-87654057.html
https://trademarks.justia.com/owners/ptghs-llc-3431753/
Did you say "Hopefully" this won't drive share price down? I thought that's exactly what you've always wanted.
Where is the "Like" button?
Thanks, but can you share the specific section of the Silent Falcon website with Ascent Solar in it. I searched but could not find it.
All shares sold today were by the manipulator trying hard to push the stock price down. About 100,000 shares sold each time in 6 incidents making a total of 652,607 shares at 0.0008, all for a whopping $522. How desperate can some people be to see ASTI fail. We know who they are. But there is no failure in sight for this company. One only needs to take a look at this photo to see where we are headed. https://twitter.com/Energizer_PwrKp . Success is contagious. If you marry a multinational, you become a multinational.Let the skeptics and the impatient keep selling their shares to the wise and patient. It is a free world. We are all responsible for our choices. This is going to be fun.
Yes, but those are Coverglass Interconnected Cells (CIC). SolAero has been using that technology for a long time and it is not new. When it comes to solar cells for satellites, SolAero has been the dominant company with a long supply history with Lockheed Martin. So I would expect that Lockheed's current operational systems and technologies are attuned to SolAero's CIC. There will need to be some re tooling by Lockheed before a full switch can be made to a modern technology (in this case solar on polyimde). So I expect that the transition will be gradual rather than drastic. Lockheed will need to continue to use its already established partnerships and technologies while developing a new system. At some point, both systems will co exist - some of Lockheed's satellite buses will run on SolAero's CICs, others like the LM2100 and the new family will run on polyimide panels. Eventually, the older technology will be retired. Therefore, the fact that LM just renewed a supply contract with SolAero for its CICs does not mean that it will stop its ongoing modernization with polyimde panels. There is nothing in the LM2100 news that indicates the solar cells are CICs. And I do not believe that the polyimide panels on LM2100 were produced by SolAero. In fact, SolAero is one of the companies that would be very anxious that a new kid (Ascent Solar) has arrived on the block.
After years of development, Lockheed Martin completed the first flight build of its new Multi-mission Modular (MM) Solar Array. The new design is a major component of Lockheed Martin’s multi-year modernization of its LM 2100 satellite bus, which is part of its newly-enhanced family of buses.
Meanwhile, I am yet to be convinced that the solar arrays on the Lockheed Martin's LM2100 satellite are not from Ascent Solar (in spite of what the critics say). Did anyone bother to connect the dots between Ascent’s December 4 news release about JAXA, and Lockheed Martin's October news about LM2100. …The panels supplied to JAXA are 0.001 inches thick which is half the thickness of Ascent’s standard product. It means Ascent standard panels are 0.002 inches thick. Viola, the panels on LM2100 are 0.002 inches thick. Do we know of any other company that has the patent to produce panels that are 0.002 inches thick on polyimide substrate? Please convince me that this is not another one of those activities going on behind the scene.
On Lockheed Martin's LM2100 news
optics.org/news/8/10/7
…In raw numbers, the MMA’s compact flexible array design delivers 50 percent more power than previous rigid array designs at a 30 percent lower mass.
…Typical rigid panels range from 0.75 to 1.5 in (18 to 36 mm) thick, but the MM Array’s synthetic polymer material is just 0.002 inches (0.05 mm) thick, a significant reduction.
...Lockheed Martin has leveraged expertise from across Space Systems to contribute to the design.
Ascent’s Superlight Thin-Film Solar Selected for Jupiter Deployment Demonstration by the Japan Aerospace Exploration Agency
Dec 04, 2017
…In this most recent purchase, JAXA placed the entire order, comprising of small area test cells and large, 19.5cm x 30cm monolithically-integrated modules, all on a very thin, 25 micron (0.001 inch) plastic substrate which is half the thickness of Ascent’s production substrate for standard product.
When a company like Energizer decides to partner with Ascent Solar for a new line of business which is expected to be long term, that's what I need to tell me that Ascent's troubles are behind it. You know why? Because Energizer would have done all its due diligence and also considered other solar companies before deciding to go with Ascent. They have complete information which we the retail investors do not have. Energizer knows that if Ascent fails, it would be a huge dent on their brand. So they would never put their brand name with Ascent if they thought it was going to fail. Energizer did not become a multi-billion dollar multinational brand by partnering with mediocrity. They have the best in the industry to carry out their due diligence.
The Energizer Powerkeep/Ascent Solar partnership was in the works since 2016 (or earlier) with a lot happening behind the scene - for instance see the link below for talks that happened as early as 2016 to develop the Powerkeep website. Aso see below for the Powerkeep trademak filing in November 2016.
Meanwhile retail investors with little or no information were busy bashing Ascent Solar. In hind sight it is clear that the sales of Enerplex in February 2017 was part of the plan to bring the Energizer partnership to fruition. Yet the stock price crashed further when Enerplex was sold. It took at least one year of activity behind the scene before the Energizer partnership was PR'd in September 2017. Do we know how many more partnerships are in the works that have yet to be made known to retail investors.
https://mapr.agency/case-studies/energizer-powerkeep/
https://www.trademarkia.com/powerkeep-87236094.html
How did the master manipulators let ASTI close in green? Did they run out of shares to sell in tiny chunks of 375 or 550. Nay, this must be a mistake. Someone beat them to it today. They need to be more alert tomorrow at the 3:59:55 clock. Goal should be to sell 280 shares at .0006 for a total of 17 cents (before fees) to bring this thing further down. Some of us are not moved by their antics. And we are not in a rush either. If this thing falls further, I will buy even more as long as there are people who are prepared to sell at these ridiculous prices.
INTEGRITY
Of course Rhymin is one of the genuine persons on the board. I don't agree with 99 percent of his opinions but I have deep respect for him because he has stayed true and consistent with himself both when he is in the stock and when he is out. I also follow Vandalayind. It is called INTERGRITY.