My last post it is 50 cent
I will be gone
To day i received this maybe it can help hold on for the good days to come.
See you next year.
Thank you for your e-mail and your continued interest in Natcore.
As you probably know, we were very encouraged by the results of the testing in China and we are in the process of negotiating a joint development agreement with the Chinese manufacturer we have been working with. I hesitate to set time lines but I think we will have a joint agreement with them later this year or in early 2014.
We hope to have a better product available for the Chinese because of the work we are doing with Fraunhofer ISE, the independent laboratory in Germany, but we are aggressively working on agreements and will not let that interrupt the negotiations.
I spent over 30 years working at reasonably large Wall Street brokerage firms and although there are many things I do not know, the one thing I think I do know is that it is impossible to explain market fluctuations especially with small cap stocks. There is nothing in our operations or business model that has changed or would cause this weakness. As I mentioned above, we are having great successes with our Black Silicon progress in China as well as with Fraunhofer ISE. Our laser applications are also moving faster than expected. I mention these two applications since Black Silicon and the back-side laser contact applications are the closest to commercialization. They are not necessarily the most significant of our patents, but being business people, we are always focus on generating revenue sooner rather than later. We also feel we will receive some revenue from our best-of-breed consulting service.
One potential reason for the weakness may be that the restriction placed on free trading shares from our last capital raise was lifted at the end of August. I suspect several of the participants in that capital raise have been taking profits since they had to hold the stock for one year.
We truly understand your concerns. We will keep you updated on our progress.
Best regards,
Thomas J. Scarpa
Sr. Vice President
