Ascent Solar Technologies Inc (ASTI)

[Lorcan458]

Here's my take on making Ascent less confusing:

1. The technology is good, great even.
2. They've used investors money to FINALLY build up a viable suite of products that they SHOULD be able to make profitable sales on.

However, in order to finally get to this position, they've blown through 250+ million dollars of investors' money and let their cashflow situation get to a dire state.

The risk is they go under, go private or get bought out for 1/1000th of what investors gave them.

The potential reward is if they get their cashflow to a reasonable state, they do actually have good products, technology and patents. With the market cap less most homes in the foothills NW of Denver, we're all gambling on whether they can survive as a business. Will the product overcome years of mismanagement?

I'll bet a few hundred it survives and every time it goes up more than 50%, I'll cash out half and wait to see if it drops and buy in with the profits.