Replies to post #44541 on Ascent Solar Technologies Inc (ASTI)

[Trying To Hit Big]

I do not question CTO123's credibility for a simple mathematical oversight. It was a valid point. Do the math...

A 1:10 split would not be enough to list to NASDAQ. Even if the current stock price did somehow make it to 0.10 per share, then a 1:10 split would only make the new share price 1.00. That being said, it is not likely the current price will make it to 0.10 before a reverse split (not enough time). My guess is it will stay where it is, or at best reach 0.015 - 0.02 before the upcoming reverse split.

If it stays around 0.007 then a 1:500 would be the minimum and bring the price to 3.50. Which is enough, but this leaves little room for a bad day in the market and it could easily fall below the 3.00 mark. It would be safer to plan for losses after the split and hope for gains. A 1:800 split would make the new price 5.60 or a 1:1000 would make the new price 7.00. Either of those scenarios are safer as far as remaining on the NASDAQ.