Ascent Solar Technologies Inc (ASTI)

[STL Stock]

I agree with hummer in reading the full 10-Q. If one looks only at the first page or 2 at the revenue then it's doom and gloom. If you read the rest you see explanations and business plans. For example anyone concerned about dilution ought not to be. Says right on page 10-11 BD1 is locked in until December 18th 2025. Assuming ASTI and BD1 don't have some sort of falling out between now and then. ASTI also gave a 30% discount on those shares to BD1 in exchange for not having to pay interest on the 10 million BD1 gave.

ASTI is burning through money for sure but it again states in the filings it is for revamping production and making sure they can produce what is needed for future orders. Revenue will pick up but right now ASTI is more concerned with getting their ducks in a row in their restructure than they are with sales at the moment. Part of their deal with Tubesolar in the JV is to make sure they can produce the PVs Tubesolar will need starting next year.

In short don't expect much price action up or down for the remainder of 2021. ASTI is still restructuring gearing up for the future. It will hold at 0.01-0.015 probably for the rest of the year unless a catalyst changes that.