InvestorsHub Logo

Shiplett

01/20/17 8:22 PM

#22302 RE: Dank02 #22301

We get it you want cheaper shares

fredman

01/20/17 8:23 PM

#22303 RE: Dank02 #22301

I agree. After reading and digesting several of the latest SEC filings I realized ASTI went from 214,934,518 outstanding shares of Common Stock as reported on the 10-Q for the quarterly period that ended September 30, 2016 to more than 1.36B. In the SEC filing before market close today, another 152,380,952 in OS dilution. When I first read the 2,814,361,937 common convertibles in the filing I thought it was a typo, as the OS authorized is only 2B. It appears they will have to raise OS to 5B+, probably timed along with a reverse split in short order. I hope most sold into this rally.

"Play the dips and be smart. Don't hold for too long and sell some to play with free money."

Best advice for ASTI. A retest of .0018, if not to .000's is in the cards. Fredman was hopeful ASTI OS was closer to the 214m, not 1.5B OS, with an additional 2.8B OS dilution in the cards. The news regarding new contracts are good, as are the non convertible notes, but the likely OS increases and massive dilution of ASTI common shareholders as evidenced in recent sec filings are not good. Maybe the reason why the recent notes are unsecured / non convertable is because they have already maxed out the authorized 2B in OS. Glad someone else is taking notice and not blindly buying into the rally, All imo, glta.



SATELLITE

01/20/17 9:49 PM

#22309 RE: Dank02 #22301

Your last bit of advice is spot on, ppl should listen and play it that very way. (or loose) Thanks for the post.
Take what ASTI give you and " Do Not Be Greedy".........

GLTA longs