Ascent Solar Technologies Inc (ASTI)

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Mr. Lee concluded, "As it stands today, the Company has approximately $1.88 million principal amount of outstanding senior secured notes plus an obligation to retire an additional $2.8 million of senior secured notes in cash scheduled for year end. This new funding will form part of the repayment source for the Company to repay the remaining cash obligation of $2.8 million. After that year end payment, we expect that the senior secured notes will be mostly or entirely retired. We look forward to moving ahead with our new Investor and updating our shareholders as we execute on our growth strategy."