Replies to post #7001 on Ascent Solar Technologies Inc (ASTI)

[vixpix]

No, nothing about selling. But those conditions could have been a handshake if you know what I mean.

Vic ; )

[SATELLITE]

Need to go back and read org. Agreement to purchase shares, but it seems like ASTI thinks they would wait to sell. 36 month contract. Not what seems to be going on..... Crud
You said, oh well changed my mind... Do you want the money or not???

GLTA Longs

[SATELLITE]

Not sure how this is formulated, not a numbers guy or lawyer....

From time to time, the Company may direct Investor, at its sole discretion and subject to certain conditions, to purchase an amount of shares of common stock up to the lesser of (i) $1,000,000 (calculated using the per share price described below) or (ii) 300% of the average daily trading volume of the Company's common stock over the preceding ten trading day period. The per share purchase price for shares of common stock to be sold by the Company under the CEL Purchase Agreement at each draw down shall be fixed at 80% of the average of the two lowest VWAPs of the common stock for the ten consecutive trading day period prior to the purchase date. There will not be any further adjustment of the purchase price on a forward looking basis or any true-up shares associated with each draw down.

Victor is in total control of our PPS........IMO

Looks like they buy when Victor tells them too and they sell when they want to, can't find the exact terms of contract. We are at their mercy...
Oh well, just another long term investment for me....

GLTA longs