Ascent Solar Technologies Inc (ASTI)

[fredman]

Of course they would convert, Mr. Lee and company now own 25% of ASTI regardless of share price, if the company went bankrupt they stand a better chance of recovery as opposed to holding only unsecured notes. Common shareholders are sunk due to massive dilution, imo. There are now over 1.36 Billion ASTI shares outstanding, a huge jump from the 214,934,518 outstanding shares of Common Stock as reported on the 10-Q for the quarterly period that ended September 30, 2016. Way more dilution than even Fredman had anticipated, and likely going to max out to 2B OS and Reverse Split soon, all imo.