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PonderosaPack

05/27/21 1:23 PM

#51746 RE: PonderosaPack #51745

168M is less than 1% of outstanding shares. Plus - they will be released (if done today) at 1 penny higher than current PPS. Ascent pays off $5.8M debt - and moves on - seems like a great deal to me as an investor. The PPS is already calculated with the 5.8M in debt on balance sheet.

pgilmore1

05/27/21 4:08 PM

#51758 RE: PonderosaPack #51745

Personally, I am of the thought that asti would work a reverse split in order to bring the price up before they would issue those shares for sale....otherwise it would be just more dilution and it wouldn't do a thing to help them. Just my thoughts.