ASTI Forgotten?

Hello,

I just wanted to share my viewpoint on a very forgotten stock that I think has some great potential. Ascent Solar has some great tech behind it but has historically been lacking the contracts and partnerships necessary to create actual profit for them.

This is until more recent news has surfaced about long term contracts. These are only a few from this year.

Then there is their first "Revenue Potential" report which isn't revenue under contract, but the fact that they believe their revenue will be even close to the minimum is super promising for a company that has been in an endless red sea. I also believe that this report shows future contracts that are possible, even if they are not locked in this year.

The report outlines revenue projects for the remainder of 2024, including $1 million to $1.2 million in Q2; $3 million to $5 million in Q3; and $5 million to $7 million in Q4, totaling $9 million to $13.2 million for the entire year. Further, the Company anticipates 2025 revenue reaching $50 million to $80 million. These figures are estimated based on current customer discussions and testing coupled with a rapidly growing market opportunity in aerospace and photovoltaics, and does not reflect revenue under contract.

Current mixed feelings are that the CEO (Paul Warley) recently bought 15,000 shared for $0.12 though he sold around 25,000 shares earlier at $0.39. There is also the next shareholder meeting which will vote for the option to do another reverse-split, though I believe this is because they want to stay on the NASDAQ. Looks like currently this stock is experiencing death by a thousand shorts, but I don't know much about shorting or how to find info on it.

Let me know what your thoughts are, I want to hear why you think I'm right or wrong.

This is not financial advise and this stock has been historically volatile. This is my bullish opinion on a historically bearish stock.