Replies to post #32863 on Ascent Solar Technologies Inc (ASTI)

[BehindTheFacade]

That's probably close; I imagine the O/S and float are a little higher by .5 to 1 billion.

[Drugdoctor]

This is what the PR says..

THORNTON, CO--(Marketwired - Aug 1, 2017) - Ascent Solar Technologies, Inc. ( OTCQB : ASTI ), a developer and manufacturer of state-of-the-art, lightweight, and flexible thin-film photovoltaic (PV) solutions, announced that Hong Kong Boone Group Limited ("Boone Group") has elected to convert another 3,000 shares ($3.0M of invested capital) of the Series K Convertible Preferred Stock ("Series K Preferred Stock") into Common Stock of the Company at the fixed price of $0.0040 per share, pursuant to the Securities Purchase Agreement between the Company and Boone Group which was entered into on February 8, 2017.

Upon conversion, the Company issued an additional 750M shares of restricted Common Stock to the Boone Group. In aggregate, Boone Group has now converted $6.2M worth of the Series K Preferred Stock and owns 1,550M shares of the Company, which represents approximately 19.15% of the Company's total outstanding shares post conversion.

And Yahoo Finance - shows 6.6 billion shares outstanding - and a 2.84 billion share float - so the float will remain unchanged with the latest 750 million shares issued, as they are restricted... But I believe we will be able to move higher with this kind of volume lately anyway.

https://finance.yahoo.com/quote/ASTI/key-statistics?p=ASTI

Why I am asking is to try to figure what the market cap would be at .01.. with 7.5 billion shares outstanding and 20 billion authorized..

So each .01 in price right now would make the company value (market cap) be worth 75 million dollars if I have done my math right... GLTA