Ascent Solar Technologies Inc (ASTI)

[fredman]

"On October 28, 2016 Bay Private Equity Inc. (The Reporting Person) purchased 250 shares of the Company’s series G preferred stock from a stockholder who was not an affiliate of the Company. On December 1, 2016 the Reporting Person purchased 80 shares of the Company’s series G preferred stock from a stockholder who was not an affiliate of the Company. On December 29, 206 the Reporting Person purchased 250 shares of the Company’s Series G preferred stock from a stockholder who was not an affiliate of the Company.
The Reporting Person continues to hold 250 shares of Series G Preferred Stock, which shares are subject to the Blocker."

I believe it is possible Bay Private Equity decided to sell the 250 shares from October 28, and the 60 Shares of Preferred Stock from December 1 after the first of the year to comply with the provisions of the 30 day wash sale rule. The company would benefit from the freed up capital, also would be able to claim the loss against future gains and also the company still holds 250 shares of preferred, retaining the maximum allowed under blocker of 9.99% interest in the company, all imo.