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Looks like the new filing is simply an amendment to the original, where the original "inadvertently omitted an additional Reporting Person, Ute Kahn, the spouse of the Johannes Kuhn, who is an indirect beneficial owner of BD1." So, no real news other than they're correcting a previous filing... but hey, at least they're staying current on what they've done recently. Hope to see more filings later this month!
From what I've read/understand - Ascent, years ago, decided to exit the consumer/retail business and focus on the aviation/aerospace/commercial business. It's a good move. It's hard to compete in the consumer segment against large players like Goal Zero; who also use a more consumer-friendly and efficient solar technology compared to ASTI's CIGS technology. Best to cut your losses in the consumer/retail space and focus your energy and resources on the stuff you do best... which is now being reflected in the recent news. Their decision to focus on aerospace is paying off
Lockheed Martin sold Japan approx $23 billion worth of F35 fighter jets last year (2020)... while they also take in more than $30 billion per year from the US government.
I understand where you're going with your statement about not wanting foreign governments to have advantages - but if selling foreign governments billions of dollars worth of cutting edge weapons technology isn't a conflict, then a few bucks worth of solar panels won't be either.
Ascent is the private entity that I was referring to. They can do business with the US government, US business, foreign business or any other foreign government. Like my example, Northrup Grumman (private company) sells weapons to the US government and to foreign governments... it's legal.
There's no conflict. A private (non-governmental) company can do business with whomever they want; including foreign governments. Look at Northrup Grumman - they produce weapons for countries all over the world. Boeing, Lockheed, etc... aircraft manufacturers for US and other countries. So, space agencies are no different; no conflict selling to one over another... unless they're on a list that bars a US company from doing business there, such as North Korea, Iran, etc.
My fortune cookie last night said, "Believe in miracles" - so, let's hope that applies to ASTI today!
I'm bleeding heavy this week... across the board. It's a hard week. I'm up $100k since Jan 1. I closed out several positions - took my profits and reinvested (including ASTI)... but those gains are evaporating right before my eyes
I think we'd all be lying to ourselves if we didn't admit some level of disappointment that ASTI hasn't taken off this week (or last)... even those of us playing the long game. However, if we are in this for the long play - then, in my opinion, we should be more interested in the stock value increasing based on the merits of the company (positive news related to revenue and profit growth).
To Doc and STL's point though, there's nothing wrong with sharing DD and spreading the word if we believe in ASTI... but if ASTI has real, deliverable value - then let the MM and weak hands play their games - it should have no bearing on the long play. You only lose the game if you play into the other team's (MM) hands right now (sell out of fear). So, instead of playing right now - I'm sitting patiently on the sidelines, taking a break, until it's my time to jump in when company news drives increased value
LETSWIN2020 is about to hit "BUY NOW" on 5M shares... so, that should help :)
I know we're all just throwing out our best guesses at this point based on our own analysis... so, here's mine...
We continue flat between 0.0425 and .0525 this week... we see it hit .0650-.0750 next week; with a pullback second half of the week to 0.0550-.0600... and then pop to 0.120-0.130 during the first week of March.
Of course, any news from ASTI before EOM would throw all of this out the window
Correct; it's from 2017. You can find the original here, in the PRESS RELEASES (page 28) - https://www.powergenadvancement.com/press-statements/page/28/. If you search the article immediately proceeding it and the one immediately following it - you'll see both were originally published in early 2017 also.
Samuel, I appreciate your feedback and as a physics graduate from a top university, I believe you probably are a reputable source of information. I can't say this enough though... I'm on your team, man.
I'm not trying to tear down ASTI or discourage anyone from investing... quite the opposite actually. I'm trying to build a STRONGER case for people to invest... and hoping this community can support each other in doing so.
I'm just a little discouraged to see what I believed to be valuable insight for newer investors for ANY investment, not solely ASTI, somehow turned into the message that I'm rooting against its success and wishing failure on everyone here.
I have more money invested in ASTI than I'm comfortable losing, so I want nothing more than this to be a success for each and every one of us
I don't know what f***ing planet I'm on right now.
I'm just trying to support everyone here by providing DEEPER DUE-DILIGENCE that no one clearly wants to hear. What is wrong with MORE DD? Everyone talks about "do your DD", "do your DD" - but when I try to play devil's advocate and maybe make you think a little bit, I get trashed for it (and my post removed???)
I clearly said that each of the bullets I provided were good. They're all good starts... but what is the problem digging deeper to understand how they all actually turn into real money?
I don't have a personal issue with ASTI - I hope they go to the moon... because I have a stake in the company that could change my life for the better.
I wish nothing but the best to all of you, including you, Samuel. I hope you all continue to have success. I hope you all make a billion dollars.
I'm sorry for stepping out of line. This will be the last post that I make here (assuming it doesn't get removed)
Dude... you are WAY off base and clearly misunderstood my post(s). Again, I have 1M+ shares of ASTI and I'm holding firm until the end... win or lose... because I have confidence in it. I'M ON YOUR TEAM, DUDE!!!
That being said, I'm just trying to provide what I perceive to be valuable advice for anyone doing their own DD and might have less experience. DD means different things for everyone - I'm just sharing what my DD consists of. I'm ok if you don't agree with it. Ignore my posts.
I don't have concerns about their patents - in fact, I don't even know what the f*** they do. I'm not a solar engineer (I've said that). Are you? If so, I'd love for you to actually touch on the patents and explain their value. I think that would be very useful to understand.
Also, can you share the information where SpaceX has proven the technology? I would love to read that - it would be super helpful. At this point, I understand that 'the likes' such as NASA and JAXA are testing their technology... which is a good sign (I agree) but again, I don't see how that provides DEFINITIVE proof that it will result in a commercially successful company. Selling a handful of solar panels to a niche space market for testing doesn't equate to absolute proof of a commercially viable concept. It's a good start, like I said, but what is the harm in asking questions and diving deeper?
Just wanted to share this bit of insight. I see this mentioned over and over again (here and on other forums) as a reason to support ASTI... "they have 80 patents."
Historically speaking, 95%+ of all patents fail to produce a product that becomes commercially viable. And by comparison, some of the most successful solar companies have hundreds of patents (First Solar has 400+, Canadian Solar has 350+). Many companies who fail also have hundreds of patents (Theranos has/had 150+ and it was all a scam). Patents are only valuable if they produce a significantly better product in terms of cost and/or results... otherwise, they just protect an insignificant or even bad idea. Patents alone don't equal success... and if you don't have the experience or knowledge to understand what the patents are for, they don't really mean much by themselves. The patent office doesn't determine whether your idea is good or bad... they just determine if your idea is different enough from existing patents/products to warrant some protection... and I'm sure they get a good laugh out of some of the ideas they grant patents to.
So, like most folks try to stress here... do your own DD thoroughly, try to learn everything you can about it, and understand the REAL catalysts that COULD make this stock successful. Patent grants can (and should) be a consideration in your DD for ANY investment... but I'm just trying to put this out there for any new investors who get sucked into the hype without understanding the proper DD.
Like Televet said, we need more substantive DD and less cheerleading (although some never hurts)!
Of course - and no need to apologize. Just glad that I could contribute and happy to see others find some of it useful. We’re all hoping for the same outcome... some positive news from ASTI to support further growth.
I was doing some DD this weekend, as well. I am NOT a solar expert - not even a solar intern - so do your own DD!! I'm just sharing what I read and what I understand of it (but if I'm wrong, feel free to correct me).
Solar technology comes in several forms. ASTI specializes in CIGS solar technology. From what I understand, CIGS has been expensive to produce compared to other technologies and it is less efficient over time due to a degradation problem.
I came across an article (link below) that discusses a 3.5 year research study that was released in October from a German research group (funded by Germany's Ministry for Economic Affairs and Energy) that indicates the potential for CIGS solar technology efficiency to theoretically reach 33% (current best is 23.4% - SolarFrontier, Japan).
I also included a link below from the National Renewable Energy Laboratory (NREL) that studies solar technology and is a great resource to learn more. Interestingly, ASTI's Director of Process Engineering (Dr Miguel Contreras) was employed by the NREL for 25 years as a leading researcher before joining ASTI in 2017. He reported directly to the CTO at ASTI. However, he left ASTI in August of this past year (per his LinkedIn profile). Why? I don't know. Maybe he jumped ship before the life raft, in the form of Bernd/TubeSolar, was thrown to ASTI... maybe something else. Maybe he was let go. We'll never know - but just more insight as to what's happening at ASTI.
So, now we have a bunch of random dots... German investors (Bernd/TubeSolar), German research released showing potential improvements in technology, ASTI's proximity to Forge Nano which MIGHT help to solve their degradation problem thereby improving efficiency, etc. That has all happened in the latter half of 2020.
Again, NONE OF THIS HAS BEEN PROVEN TO HAVE ANY DIRECT LINK AT THIS POINT. Correlation doesn't equal causation... but I think we're all hoping that these random dots align in the shape of "$" signs
CIGS ARTICLE: https://www.pv-magazine.com/2020/10/09/cigs-cells-could-hit-efficiencies-of-33-say-germany-scientists/
National Renewable Energy Laboratory (NREL): https://www.nrel.gov/pv/cell-efficiency.html
Thanks... and thanks to everyone who chimed in. When we're all celebrating at the 1st annual ASTI stockholder conference in Bali, we can all look back and laugh at these posts.
Honestly, I've been trying to convince myself to grab another 500k shares today... so, subconsciously maybe I was just trying to get all of you to pump me up to do it
Thanks, Samuel. Believe me, the fact that NASA has selected ASTI as a commercial partner for the Solar Cruiser, which will launch in 2025 (I believe), is a solid endorsement in and of itself. NASA employs a smart group of people that make decisions based on solid evidence... so, they obviously made this decision based on the belief that ASTI technology was the best available to support this particular mission. I can (and did) buy into the ASTI story based in-part on that.
So, my hope is that this initial NASA endorsement combined with new leadership at ASTI can make a strong case for its application on the commercial market here on planet Earth
I just try to look at every investment from every angle to justify the position. Maybe too often at times.
So, again - I'm 100% committed... win or lose.
ASTI 4 LIFE (rocket ship emoji)
I'm 1M+ shares invested in ASTI and willing to ride this thing into the ground if that's what happens, so I'm just playing devil's advocate... I'm not bashing; I'm not a dirty fly; this isn't a "turd down" message; etc...
ASTI has been making the "lighter / better" claim since at least 2017 - so, to me that makes it irrelevant. Why didn't the company sky-rocket earlier if this "lighter / better" technology has been on the market for years now? Are their claims accurate? I'm not a solar expert... I don't know. Was the solar sector, as a whole, weakened by lack of support from the previous administration or just general solar market sentiment in recent years?
I also don't understand this Elon/Tesla connection claim that keeps floating around. To bpk02766's point earlier today, there's absolutely no merit in that... until Elon himself tweets "ASTI 4 LIFE (rocket ship emoji)" I can't find anything to corroborate a potential partnership between ASTI and Elon other than the NASA paper that places ASTI technology on a NASA unit carried by a SpaceX rocket.
Granted, an official endorsement from NASA based on positive results (which could be months or even years away) could very well be the catalyst that sends ASTI onto Elon's radar - but it doesn't exist (that we know of) today.
I'm NOT asking these questions or making this post because I don't believe in the company. Again, I have 1M+ shares that I'm holding whether we win or lose. In my opinion, this is DD at its finest when you can debate the merits of an investment from all sides to understand it better. I just hope someone has the insight or experience (or willingness) to engage and have a productive conversation about it.
And if this has already been covered in the other 46,000 posts and I have failed to read them all - forgive me
Today is the kind of day you just need to walk away and come back to it next week (for those of us in the position of being able to risk it). Watching your gains evaporate or turn into losses won't do you any good. You haven't lost a dime (or fractions of a penny) until you sell.
However, I don't blame anyone for selling - we all have our pressure points and we all have different reasons for holding or selling. We can't all afford to gamble with our money in the hopes of a reversal... so, no hate from me if you're not in a position to hold. Do what's right for you.
For me... I'm going to (try to) tune it out today and come back on Tuesday. I believe in the ASTI story (technology, patents, new leadership, etc) but until there's real news to justify the upward trend... we're all just investing on a wing and a prayer. I rode the FCEL wave - bought in a LITTLE late at 0.4245 but rode that MF'er to 27.00... so, hoping to do the same here.
Ok, everyone... please take your seat and fasten your seat belt. Also, please make sure your seat back and folding trays are in their full upright position. If you are seated next to an emergency exit, don't pull the lever! This ride is going to be fun...
I'm glad I found this group! I joined yesterday but I've been invested in ASTI for awhile now... and starting to get excited about it! I'm not an expert in solar technology but I like the story around the technology, the patents, German investment, etc. I can see a path forward for ASTI.
However, is there any concern around the recent influx of retail trading/reddit... and ASTI somehow climbing based on folks pumping dollars into cheap stocks, driving prices up, only to fall again when they move onto the next target? Does anyone feel like that's happening here?
I know there's new executive leadership at ASTI and the news from early January (Series 1A Preferred Stock)... but does anyone have a sense if there's more good news on the horizon in terms of improved financials / sales / patents / partnerships? Not a request for insider info, haha - just curious if I'm missing any other news or insight that backs up the positive trend...
I'm not an expert trader - like many of you, just a guy who took control of his retirement fund and trying to learn as I go
New to Investors Hub... been following ASTI for awhile, which is how I landed here. I'm in it for the long haul. I feel like I have a nice balance with my investment... have enough in it to be life-changing if this pops ($1.00+) --- but not enough in it to be life-changing if the ship sinks. Fingers crossed that the captain knows how to steer this ship...