Alex contact me I have a story for you
I’d like to talk to you about a story,
Alex I have interesting story on your article from yesterday
Please ad me to Insider news letter
Hi Alex, I would like to share some additional thoughts to your article 116604 (08/01/16).
Please contact me.
Dear Alex Carlson, in your future article for ASTI, please insert this comment:
The Ascent Solar Technologies potential:
CEO Victor Lee did a great job in raising $355 million dollars for Research & Development, his diligence and perseverance culminated the cigs flexible solar panel and astronomical number of solar charging consumer products. He has contributed to job creation in U.S. and boosted economic growth with the ingenious innovative products amid fragile economic recovery after the 2008 economic melt down. We should all appreciate his effort. Naturally with the large amount of working capital needed, share dilution and share consolidation would result. The culprit causing declining price lies in greedy speculators who were short selling the company shares. Survival of the fittest is the law of Nature, for every winner there is loser, wealth has been transferred from stupid investors to smart investors, one should not blame the management for his own incompetence in playing the stock market but learn from his own mistake and be a more successful investors in the future. Now with short sellers vanished, with increasing global sales and with cost cutting measure being implemented, the company is starting life all over again from the bottom. Wait till positive earnings start rolling in share price will surge. The company is a world leader in solar charging consumer products and may be in the future a leader in supply cigs flexible panel to all electric car manufacturers around the world. Those who missed basement entry price in Coca-Cola, Intel, Microsoft, GE …. may have a second chance in life.
Last call for undervalued stock with huge future growth potential.
ASTI share price has been declining in the past 2 years because of the “falling river lowers all boats” phenomenon. The whole solar energy sector has been in a major down trend with all solar energy stocks declining just as ASTI did. Technically, the down trend in this sector has ended with a sharp rally in the week of September 19 in all solar stocks, looks like up trend in ASTI is being developed, so load up as much as you can afford or you will miss rare opportunity in this stock with huge future growth potential. Volume will rise as smart investors jump on the bandwagon. Share price under 3 cents will soon be history. There could be good news coming. http://stockcharts.com/h-sc/ui?s=ASTI&p=W&yr=0&mn=3&dy=0&id=p98554190431
How much does it take to bring an empty shell company with no office, no equipment, no Research & Development engineers, no workers, no products, no product advertising no distributors and retailers but only a dream plan? $355 million. Where would that money come from? For example, a junior mining explorer starting out with nothing but a piece of property, it needs to raise working capital through equity financing. But after prolonged effort of exploration and drilling, still no gold mineralization found or encouraging gold mineralization is discovered, the company needs to further dilute and consolidate its shares to raise money. Only one out of 3,000 mining explorers actually discovered economically viable gold deposits and become a gold producers, many failed and vanished because they could not raise anymore working capital. The same situation exists in the pharmaceutical industry, those failed to discover life-saving drugs vanished, only a few successful ones will grow into a big pharmaceutical company with annual sales tens of millions to hundereds of million dollar. The same situation exists in the high-tech industry, those created products of very little merit and did not capture the market would vanish, only those invented ingenious innovative products with numerous recognition awards and caputure the heart and soul of consumers and government will grow and prosper.
Past preferred shareholders intended to hold their shares of this company for long term dividend income because they saw huge future growth potential in the company, but unfortunately the solar sector had peaked out and started a major down trend with share price of all solar stocks dwindling, forcing those preferred shareholders to convert their preferred shares into common shares and sell them. Greedy speculators took advantage of major down trend in the solar sector by selling the borrowed shares from other shareholders accelerating price decline in ASTI. Share consolidation which should boost share price because of reduced post-consolidated shares did not help stabilizing share price, so the “falling river lowers all boats” phenomenon resulted in what ASTI share price is today. Survival of the fittest is the law of Nature, those who lost money in ASTI should not blame the management for their own incompetence in playing the stock market. Energy cannot be created or destroyed, it is merely transformed, wealth cannot be destroyed either, it is merely transferred from stupid investors to smart investors. Losers should learn from their mistake instead of finding a scapegoat and be a more successful investor in the future, else they will always be at the bottom of the food chain. But the low share price is artificially manipulated, it does not reflect the true value of the company. Investors should stick to the company’s fundemental: Astronomical number of ingenious rennovative products with numerous recognition awards. Practical and useful products that permeate and enhance the life of consumers. Positive contribution to a greener and cleaner world. Contribution to future space exploration. Global sales is steadily rising while cost cutting measure is being implemented so it is only a matter of time positive earnings will emerge. Investors have been spooked by past massive share dilution and consolidation and lost faith in the management, but there is a transaction in October that may change their perception of the management future strategy: It appears that the management will not issue any more preferred shares, it will only issue promissory note. On October 6, Adar Bays, LLC wanted to subscribe for preferred shares of the company, but instead, it got a $333,000 Note at a discount for $300,000, fortunate for Adar Bays, a preferred shareholder Seng Wei Seow who still owns 165,541 Series A preferred shares issued in 2013 entered an agreement with the Note holder to exchange his Note for the Series A preferred shares, the number of preferred shares exchanged is being worked out, based on a formula.
The diligence of stoical engineers at Ascent Solar recently culminate new technology of high Power to Weight Ratio in the new products Kickr FL 7 and Kickr FL 10. It is a very significant achievement, such high ratio is critical in space exploration as it will enable the colonization of Mars which is a precursor for future interstellar expedition. Very likely Ascent Solar will receive another milestone recognition award, this time from NASA.
Human has been seeking the true meaning and purpose of his existence. I have found it: Probably we are unique in the Milky Way, we must survive and multiply. We must spread the human species and human civilization among the stars in our Milky Way, we must prepare to save the human species from extinction when a doomsday asteroid will threaten the destruction of Planet Earth by migrating to the nearest life-supporting planet in the triple-star system Proxima Centauri 4 light years away.
Go ASTI go, go where no human has never gone before.
The 3-year down trend in the Solar Energy Sector has ended in the week of September 19 as share price in all solar stocks rose with ASTI stock spiked to 3 cents. Since then each stock has been moving in its own particular fashion in establishing a bottom. The daily chart of Solar Energy Index has formed a 3-month Double Bottom pattern at 90 and currently is forming a Head&Shoulder pattern. A sharp “return move” sending the index to 100 / 105 area will confirm a major long term up trend in the sector and naturally ASTI share price will follow suit.
While ASTI share price has been depressed by massive share conversion of preferred shares and by greedy speculators selling short the company’s share, the short selling has ended. As days pass by more old crops are replaced by new crops and there will be a new ball game.
With the huge expenses for Research & Development diminishing amid well established and well patented innovative products and with cost cutting measure in expenses related to sales, general and administration being implemented, the overall operating cost will be drastically reduced. In the first half of this year a significant number of distributors / retailers have joined in for the distribution and sales of the Enerplex products, so the combined effect of increasing sales and reducing operating cost will culminate a positive quarterly earning and positive cash flow, it is not if but when.
The company has $19 million in assets and a manageable long term debt of $5 million. It appears that the management has changed its financing strategy as short term promissory notes are issued in lieu of preferred shares, so share dilution will be capped at 78 million with full dilution at around 170 million if the current Series J preferred shares are converted but it is unlikely they will be as preferred shareholders’ investment goal is for future dividend income. The issuing of short term notes instead of long term loan may indicate the management’s expectation of imminent positive cash flow.
The U.S. economy is picking up steam: Exports are rising, including exports of ASTI consumer products, employment is rising with new jobs created monthly while inflation rate is creeping up. The strengthening economy is good for the sales of Enerplex products while ingenious new innovative products earning recognition and awards from the media will strengthen Ascent Solar’s positive image, sales and revenue.
So the establishment of a new up trend in the Solar Stock Sector and emerging positive earnings are all ASTI shareholders need to turn the current depressed situation into financial prosperity for the company and for its shareholders. GLTA.
Solar Stock Index (SUNIDX) daily chart
ASTI daily chart
U.S. Monthly Exports
The diligent and stoical effort of engineers and researchers at Ascent Solar Technologies under President Victor Lee has created jobs and contributed to American economical growth with astronomical number of award-winning MADE IN USA consumer products amid fragile economic recovery after the devastating economic melt down of 2008. The management is praised and recognized by the U.S. government for its achievement and contribution and is offered the Schedule 56 contract from the Federal government. This contract enables Federal customers, including all four branches of the U.S. Military, Federal Agencies and others, to easily purchase a range of Ascent Solar products including the MilPak E and EnerPlex products such as the Kickr IV and Kickr II. Its products are now live on the United States Federal Government purchasing website: http://www.gsaadvantage.gov.
Ascent Solar Technologies’s recent new achievement in the unprecedented high Power to Weight ratio in its new products Kickr FL 7 and Kickr FL 10 is significant because such a ratio is critical for space exploration. Ascent Solar Technologies just might receive another award, this time from NASA. As space is the final frontier for human adventure and space is the only hope for the survival of humanity, human civilization and human species, solar power and nuclear power which are the most powerful energy source that fuel everthing in the Universe must be harnessed for inter-planetary travel and for interstellar expedition. Ascent Solar Technolgies will be among the leaders advocating such venture.
I think those naive and ignorant critics who wants to destroy such a great and valuable company like Ascent Solar Technologies thus killing American jobs and destroying the American economy should move to Syria and join ISIS, it will be more effective in accomplishing their goal.
I think those naive, ignorant and malicious critics and bashers alike who relentlessly try to destroy a great and valuable company like Ascent Solar Technologies thus killing American jobs and destroying the American economy should move to Syria and join ISIS or Osama Bin Laden’s cohort, it will be more effective for them to achieve their goal. They are un-American. They should undo the punitive damage they have done to the company.
To Chris Sandburg
Please do get in touch.
I AM THE PRES & CEO OF THE JIMI HENDIX FAMILY FOUNDATION
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