$ASTI $ 0.0045 accumulating at this level. Approa
Post# of 99177
Posted On: 12/17/2016 2:31:28 PM
$ASTI $ 0.0045 accumulating at this level. Approaching oversold. Historic wild runner.
Share Structure
Market Value1 $967,205 a/o Dec 16, 2016
Authorized Shares 2,000,000,000 a/o Sep 15, 2016
Outstanding Shares 214,934,518 a/o Nov 11, 2016
http://www.otcmarkets.com/stock/ASTI/profile
"Currently trading with a market cap of $1.38 million, ASTI has great technology and great products. The problem is that it’s been badly mismanaged and racked up cumulative losses of $378 million over the course of its history. We’re hoping Q4 numbers are better and that sales start ramping up and costs get under control. If not, the best bet for shareholders is that the board takes action and puts the company and its technology up for sale. Ascent’s technology is worth a lot more than its current market cap and that should give shareholders some reassurance given where the stock is currently trading. "
Share Structure
Market Value1 $967,205 a/o Dec 16, 2016
Authorized Shares 2,000,000,000 a/o Sep 15, 2016
Outstanding Shares 214,934,518 a/o Nov 11, 2016
http://www.otcmarkets.com/stock/ASTI/profile
"Currently trading with a market cap of $1.38 million, ASTI has great technology and great products. The problem is that it’s been badly mismanaged and racked up cumulative losses of $378 million over the course of its history. We’re hoping Q4 numbers are better and that sales start ramping up and costs get under control. If not, the best bet for shareholders is that the board takes action and puts the company and its technology up for sale. Ascent’s technology is worth a lot more than its current market cap and that should give shareholders some reassurance given where the stock is currently trading. "
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