THORNTON, CO--(NewMediaWire - Jun 2, 2016) - Ascent Solar
Technologies, Inc. (OTCQB: ASTI)
(OTCQB: ASTID),
a developer and manufacturer of state-of-the-art, flexible
thin-film photovoltaic modules integrated into the company's
EnerPlex™ series of consumer products, announced June 1st a
one-for-twenty reverse stock split of the Company's common stock
which became effective at 5 p.m., Eastern Time, on Wednesday, June
1st, 2016.
In the Press Release dated June 1st, the Company indicated the
stock would continue to trade under the ticker ASTI post-split.
Instead the Company will trade on the OTCQB Markets under the
ticker
ASTID, with the "D" added to indicate that the split has
occurred. After 20 trading days subsequent to the split, it will
revert to the original ticker -- ASTI.
About Ascent Solar Technologies:
Ascent Solar Technologies, Inc. is a developer of thin-film
photovoltaic modules with substrate materials that can be more
flexible and affordable than most traditional solar panels. Ascent
Solar modules can be directly integrated into standard building
materials, aerospace applications, consumer electronics for
portable power or configured as stand-alone modules for large scale
terrestrial deployment. Ascent Solar is headquartered in Thornton,
Colorado. For more information, go to www.ascentsolar.com.
About EnerPlex:
The EnerPlex Division represents Ascent Solar's consumer-facing
business and products. These products, many of which are integrated
with Ascent Solar's transformational CIGS technology, provide
consumers with the ability to integrate solar into their everyday
lives, while enabling them to free themselves and their electronics
from the outlet. For more information on the EnerPlex brand and to
see the product line, please visit www.goenerplex.com.
Forward-Looking Statements:
Statements in this press release that are not statements of
historical or current fact constitute "forward-looking statements."
Such forward-looking statements involve known and unknown risks,
uncertainties and other unknown factors that could cause the
Company's actual operating results to be materially different from
any historical results or from any future results expressed or
implied by such forward-looking statements. In addition to
statements that explicitly describe these risks and uncertainties,
readers are urged to consider statements that contain terms such as
"believes," "belief," "expects," "expect," "intends," "intend,"
"anticipate," "anticipates," "plans," "plan," to be uncertain and
forward looking. The forward-looking statements contained herein
are also subject generally to other risks and uncertainties that
are described from time to time in the Company's filings with the
Securities and Exchange Commission.