Dec. 26/20
Date of Report (Date of Earliest Event Reported): December 4, 2020
ASCENT SOLAR TECHNOLOGIES, INC.
Looking over the report I found another relevant point:
“The offering of the Series 1A Preferred Stock is part of a broader ongoing restructuring process of the Company. In addition to raising additional capital, the Company has been restructuring and/or settling outstanding obligations, adding new personnel to the Company’s management and board, and refocusing the Company’s ongoing operations and business plan. As part of the restructuring process, the Company is working towards regaining its status as a currently reporting public company”.
This is a point that could change the company from OTC to a regular exchange. This has a strong indication of changes coming to ASTI!
Also The hiring of Michael Gilbreth as CFO effective as Oct. 5/20 and Will Clarke as Class 2 director who was Director of Procurement for Best Buy and served 25 years in the Navy leads one to think ASTI is in good hands!!
Rememmber that the last financial transaction will take place anytime up to Jan. 22 from Crowdex.
canameel