Ascent Solar Technologies Inc (ASTI)

[fredman]

According to the filing they made 3 purchases in October and December, 2016 for a total of 580 shares of Series G Preferred Stock and now own 250 shares as of the filing. I am unaware of what the conversion ratio is for the shares to common shares of ASTI. Probably not the 2 billion shares as suggested. They may have indeed converted some shares, but to me it sounds more than likely they are accumulating a stake in ASTI. According to the blocker they cannot own more than 9.99% of the company I believe and therefore selling the extra shares above and beyond the 9.99% would not effect their 9.99% stake in the company and also free up some capital. The name of the company is Bay Private Equity Inc. According to the SEC, it is the only filing to date of the company. I believe it is very likely Robert Klimov of Bellridge Capital (Canada) set up the Nevada corporation for the purposes of possibly acquiring a stake in / possibly taking ASTI private.

All IMO.
GLTA