Ascent Solar Technologies, Inc. — Director's Dealing 2020

Oct 6, 2020

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Ascent Solar Technologies, Inc. (ASTI)
CIK: 0001350102
Period of Report: 2020-09-22

Reporting Person: Crowdex Investment, LLC (10% Owner)
Reporting Person: Fortsch Bernd (100% owner of Crowdex)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Series 1A Preferred Stock (1)	$0.0001		Common Stock (50000000000)		Direct

Footnotes

F1: Crowdex Investment, LLC ("Crowdex") is the current owner of 2,000 Series 1A Preferred Stock of the Issuer (the "Preferred Shares"). These 2,000 Preferred Shares (the "First Tranche") are convertible into 20,000,000,000 shares of common stock of the Issuer. Pursuant to the Series 1A Preferred Stock Purchase Agreement between the Issuer and Crowdex, Crowdex will purchase an additional 3,000 Preferred Shares on November 20, 2020, less than 60 days of the date of this filing (the "Second Tranche"). The shares represented above represent beneficial ownership of the First and Second Tranches. This joint Filing on Form 3 includes Mr. Bernd Fortsch who is the 100% indirect owner of Crowdex.

F2: The Series 1A Preferred Stock has no expiration date.

F3: Conversion price is $0.0001 per the stated value of the Preferred Shares which is $1,000 per Preferred Share.