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rhyminrhymin

07/08/16 9:51 AM

#14776 RE: overlordpeter #14775

No investor confidence in ASTI.

The charts tell the story
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Tekterra

07/08/16 12:32 PM

#14790 RE: overlordpeter #14775

2.5 million worth of new convertible offering June 30. Those who buys into ASTi offerings of the H preferred convertibles, do you really think they want to hold on to ASTI shares that pays no return? The company makes no money 10.5 million in red with 300k cash on hand they cannot pay for anything. They cannot pay cash dividend to the senior notes holder. Therefore, it's in the holder's best interest to converting into cheap common shares and dump. Because of the terms of the convertible, you instantly make profit converting into below market value and sell at market price. Guess what, they can't sell if no one buys. If you can't see how this works then you really can't blame anyone for losing all your money.