Replies to post #44531 on Ascent Solar Technologies Inc (ASTI)

[SubPennyBoater]

That will happen at a much higher price

[Dr PennyStock]

This is just you speculating. Why a 1000:1 when a 500:1 will be enough? And if it runs before the RS to .10 for example, a 35:1 will put us at $3.5, 50 cents above the minimum price to trade on NASDAQ.

[STL Stock]

To be technical a RS is labeled the opposite of what you posted so it's actually 1:1000 in your example. The way you illustrated in your reply is a forward split 1000:1. Which kind of has me questioning your credibility if you don't know the difference. In any case a RS is not necessarily a bad thing. For example if ASTI did a rs of 1:10 and you had 100,000 shares before the split you now have 10,000 shares but the will be worth more since the OS is decreased. You keep the same amount of equity as you had with 100,000 shares. So after reverse split the stock shoots up to let's say $15 pps you just made $150,000 off a $700 investment if you bought in at 0.007. I don't think anyone can or would be mad about that in this hypothetical.

With that said between 1:10-to-1:100 seems more likely than a 1:1000 reverse split. Just my thoughts.