Ascent Solar Technologies Inc (ASTI)

[carusso]

Am I Dreaming?

“Ascent Solar Technologies, Inc. Secures $9M Equity Financing with Lucro Investments VCC

Source: GlobeNewswire Inc.

Ascent Solar Technologies, Inc. (NASDAQ: ASTI) (“ASTI” or the “Company”), the leading U.S. innovator in the design and manufacture of featherweight, flexible, CIGS thin-film photovoltaic (PV) solutions, announced today that it has entered into a $9 million equity financing agreement (the “Agreement”) with Singapore-based Lucro Investments. Under the Agreement, Lucro will purchase 7,499,997 shares of Ascent common stock at a purchase price of $1.20 per share. The Company will receive the financing in monthly installments of $1 million. The proceeds of the investment will be used for general business operations and working capital for future initiatives.”

Awwwwriiiight!!!