Replies to post #26703 on Ascent Solar Technologies Inc (ASTI)

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$ASTI has established the company in the military and aerospace industries with The Silent Falcon Unmanned Aircraft Systems (UAS) and Japan Aerospace Exploration Agency’s (JAXA) IKAROS solar sail. The Silent Falcon chose ASTI’s photovoltaic technology to power the UAS because of its light weight and flexibility, while the Japan Aerospace Exploration Agency chose the technology for its durability and applicability for deep space missions. http://www.thesultansofswingtrading.com/2017/02/tesla-inc-nasdaq-tsla-looks-to-solar.html

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weeeeeeeeeeeeee

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only 2m in front of .0014's

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800k and then BOOOOOOOOOOOM!

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B/A Size
26237945 x 900000

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W formation $ASTI

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Not bad after all the manipulation of the weekend and today. Closing Price
$0.0014

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ASTI was at .0013 recently. Shook some baggage loose. Got rid of some traders and gained some investors imo. GLTA. I want some now.

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$ASTI nice news!! FY2016 Financial Results:
The Company posted net revenue of $1.75M in 2016 Overall, net loss improved by $6.9M

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$ASTI Ascent Solar Signs Major Agreement with Hong Kong Based Consumer Goods Supplier Ascent Solar Technologies, Inc. ( OTCQB : ASTI ), a developer and manufacturer of state-of-the-art, lightweight, and flexible thin-film photovoltaic (PV) solutions, announces that the Company has signed an Intellectual Property Disposal Agreement and other collaboration agreement ("Agreements") with its existing battery product vendor, Sun Pleasure Co. Ltd ("SPCL") with regards to the transfer of Ascent's proprietary owned EnerPlex™ consumer brand name, in an effort to better allocate its resources and to continue to focus on its core strength in the high-value specialty PV market.

Pursuant to the Agreements, Ascent will transfer its intellectual property related to the EnerPlex™ brand, which includes trademarks, website domains, non-solar components of product designs and patents ("non-solar IP") to SPCL for a consideration of about $1.33M. Following the transfer, Ascent will no longer produce or sell Enerplex-branded consumer products. Ascent will focus on its photovoltaic business and will supply solar PV products to SPCL, supporting the continuous growth of EnerPlex™ with Ascent's proprietary and award-winning thin-film solar technologies and products.

SPCL is a Hong Kong based, privately held company established in 2000 with consistent annual turnovers in excess of $100M within its group of subsidiary companies over the last decade. The SPCL group has multiple factory operations across few cities in China and in Myanmar, totaling 1.2 million sq. ft. of ISO 9002 certified manufacturing facilities and employing a staff of over 2,500 people. SPCL manufactures and supplies wide range of consumer products, including consumer electronics, toys, and inflatable goods to major household retailers in the US, Europe and Asia.

"The goal of the Agreements is to accelerate the growth of EnerPlex™ by leveraging on both parties' resources and expertise in our respective fields. This will allow Ascent Solar to reduce our cash burn significantly, to better utilize our resources and better focus on our core strength in PV," said Victor Lee, CEO and President of Ascent Solar Technologies, Inc. "We are pleased to have had the excellent support of SPCL the last few years as a battery product supplier. We believe that having SPCL to take on the future development of EnerPlex™ brand with Ascent playing a supporting role, will create a truly win-win solution for all and I am more than excited to execute the new elevated partnership arrangement at a more strategic level."

Mr. Vincent Lau, Chairman and CEO of SPCL, said, "Since the establishment of the EnerPlex™ brand in late 2012, Ascent has done a tremendous job in growing the brand, both in terms of distribution channels and revenues accounting for a significant share of the company's total revenues. Over the years, EnerPlex™ has dramatically increased the number of retail locations where its products can be found in the US, including Fry's Electronics, Verizon Wireless Premium Retail Stores, Cabela's, Micro Center and many others, offering a coast-to-coast point-of-sales coverage. Internationally, EnerPlex™ products are also available in well-known retailers such as Maplin Electronics in the UK and other locations in Europe and Australia. We are confident that with SPCL's decades of manufacturing expertise and presence in Asia, plus the support of Ascent Solar with its flexible, lightweight thin-film solar products, EnerPlex™ will grow from strength to strength to be a household name and consumers' choice of portable power solution provider."

http://finance.yahoo.com/news/ascent-solar-signs-major-agreement-110000997.html