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VERAX

08/13/16 10:36 AM

#16380 RE: overlordpeter #16379

6,955,000 at AUG second Price would be worth .03 to .05 lets go with .04 x 6,995,000 $278,200.00 But it also gives them Voting Power of 9% to vote with the Board. or Not with Board if they plan on selling they would have to file with SEC and we would know.


I have no problem with this. It is still convertible in the future and would factor into fully dilution. I trust you also realize they have made other agreements? Every time they do a private placement it dilutes at some point. I will be interested if full dilution when financials come out. Keep in mind they intend to raise the AS to 2 bil. This is an eye into what they have done and continue to do and what the expected result over time is. It's easy to get caught up in the weeds.

That said. It really all boils down to Goods sold vs what the company spends. It's really not that complicated. ASTI is not a start up. imho