Replies to post #45015 on Ascent Solar Technologies Inc (ASTI)

[AKATITUS]

They said they want to up list on the NASDAC. The US stock exchange is a bigger audience more money. They just hired new people to run ASTI.

[joebrute]

Remember, ASTI has accumulated over $ 300 million in tax losses over the past few years.

In the future, when ASTI has profits from operations, these accumulated tax losses will be used to save almost $ 25 million in taxes!

It seems unlikely to me that the shareholders would choose to wind up the company and lose the $ 25 million.

[saxkahuna]

yes the benefits are clear. Of all the companies out there why choose asti that was on just hanging on . Again the CEO definitely pulled a rabbit out of the hat getting Crowdex and solar tube onboard . In doing so he saved his own investments in the company. Now it has value again.