Ascent Solar Technologies Inc (ASTI)

[goldpenny7]

11JUN18 ASTI to vote for a Reverse Stock Split

HEAD's UP!

As we all know, these are typically nearly always approved. To a small investor facing say a 2,500: 1 or even a 25,000:1 reverse split these are like legal takings of their entire investments. Highway robbery. Most likely a Reverse Stock split will devastate / eliminate a small investor's entire holdings. SO future investors BEWARE.

BELOW FROM ASTI's Proxy Statement (definitive) (def 14a) of 05/11/18:

"to approve an amendment to the Company's certificate of incorporation to authorize a reverse stock split of the Company's issued and outstanding common stock, and (v) to authorize an adjournment of the Annual Meeting, if necessary, if a quorum is present, to solicit additional proxies if there are not sufficient votes in favor of the reverse stock split. Additional information about the Annual Meeting is given in the attached Notice of 2018 Annual Meeting of Stockholders and Proxy Statement.:

Reference: https://ih.advfn.com/p.php?pid=nmona&article=77405931