Ascent Solar Technologies Inc (ASTI): Their debt is ballpark 11 million. Howev...

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Ascent Solar Technologies Inc (ASTI)

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Re: Lorcan458 post# 38002

Friday, 01/05/2018 1:56:49 PM

Friday, January 05, 2018 1:56:49 PM

Their debt is ballpark 11 million. However, that will grow at least another 6 million as they take the 1 million per month from Boone that is left.

The problem with their debt is almost all of it is convertible.

They have cut their cash burn a bit, somewhere around 4 million per month versus the 10 million they used to have.

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