Then how about a registration death spiral like this one!:"This Prospectus registers:
* 347,000 additional shares of Common Stock which may be acquired by investors in Series D Convertible Preferred Stock,
* 307,000 additional shares of Common Stock which may be acquired by investors in Series E Convertible Preferred Stock and
* 3,080,000 additional shares of Common Stockwhich may be acquired by investors in the Series D and Series E Convertible Preferred Stock if Ashton exercises its Put Rights.
These additional shares of Common Stock are being registered due to the decline in the price of Ashton's Common Stock since the date of the previous registration statement. The price decline has resulted in an increase in the number of shares of Common Stock the Company is required to issue when the holders of the Series D and Series E Convertible Preferred Stock convert their shares and when the Company exercises its Put Rights. SOUNDS PRETTY MUCH LIKE A DEATH SPIRAL TO ME! SERIES A, B, C, D, E What is this first grade spelling?
"Although Ashton will receive proceeds from the exercise of the Put Rights from time to time, if they are exercised, Ashton will not receive any of the proceeds from the conversion or resale of shares of Common Stock by the Series D and Series E Convertible Preferred Stock investors.
Investing in our Common Stock involves a high degree of risk. see "Risk factors" beginning at Page 6, for a discussion of the factors we believe should be considered by prospective purchasers of our common stock.
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