Ascent Solar Technologies Inc (ASTI)

[ToothlessOldGuy]

That, my friend, is where toxic lenders, err I mean Institutional Investors comes in to play. They loan these junk companies money with a note giving them permission to buy stock at 60-80% of the LOWEST traded value in the last 30-90 days (contracts vary on timeframes, but the gist is the same). Meaning....junk stock trading for .02. Lender can buy that for .012-.018. And we are not talking about a couple hundred shares, we are talking hundreds of thousands or millions depending on share structure. So they can immediately dump their stock at market value for nice profit. Junk company has good credit and can refinance with that lender again, diluting the stock for the retail investor. Just another day in stinky land.

But, the silver lining to this:

STILL a better love story than Twilight.

ToG