Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Lol, do you believe any of that post? The only way that I know to convert shares into cash using a bookkeeper is by sprinkling pixie dust on them.
"companies figure out how to convert free shares into cash through book keeping holes"
Have any of the major stock holders been disposing of stock for the past year or so?
If they have their own money invested that is different. Should their holdings mostly consist of shares in lieu of some salary, or convertibles then that is another thing entirely. Many companies figure out how to convert free shares into cash through book keeping holes. Many choose a merger or even bankruptcy with the patents remaining in their control.
While I hope this is not the case, sure looks suspicious. Seemed like a good honest company once upon a time.
Watch this re emerge shut of debt and shareholders.
In order to reply privately they want me to start a subscription and pay monthly. It’s not that important though in time we’ll find out good or bad.
Brody, please resend your private message so I can reply to it.
I can’t believe they even replied to you. I’ve never gotten anything back from them and none of my emails were bad at all. What email address did you use that they responded to? I’ve only ever used the one on their website and they’ve never once replied.
Hasn't stopped anyone from buying on the US exchange.
Timing is everything. WHy would anyone be buying here when the stocks been halted for months, But they buy anything that is available and the question is who's buying? I think whoever it is that's buying will load up and ready for the company to reopen as these Sleazeballs have been doing for years.
STRATEGIC NEWS RELEASES while their friends sell.
Obviously the buyers know that it will reopen and have the inside track because there is no transparency with these types and there never has been.
They claimed to always be near revenues which they said for the last 5 years, we are very close to our first revenues.
Always dangling the carrot, Now they just might be doing that right now while someone sells.
One thing you could do is try to find out if anyone in the top tier has sold because that is not allowed during the halt and would trigger a class action lawsuit.
The company does have good patents that are worth a chunk of money and it's ours.
I don't want to believe they would just fold when they have several millions of their own money invested.
Hope for the best and BTW its long past january as that email has done the rounds and is exactly the same for everyone.
In the meantime I want to believe they are working this merger which they say involves several companies. If true it will be a while longer as these guys want their fair share. For us shareholders, take what you can get.
These emails you get are written by lawyers to protect themselves from false disclaimer.
I sent them an inquiry 2 weeks ago.
Received a reply as follows"
"I know that you, along with many other Natcore shareholders, are anxious for news following our November press release regarding a potential merger. I hope you understand that I am constrained as to what I can discuss with you right now while the stock is halted in Canada, as well as limited by Exchange rules and regulations that prohibit the disclosure of any non-public information.
As you know, it has always been Natcore’s business model to leverage our technology and patent portfolio allowing us to merge or joint venture with a larger company that would bring Natcore manufacturing capability, revenue and assets. The press release alludes to such a merger. This potential merger involves several companies and is very complex and complicated. The principals of all of the companies involved, including Chuck, have been meeting and we hope to have some information soon that we can share with everyone. Of course there are no guarantees but we are very optimistic.
What I can tell you is that the AGM did take place in January. We are making some changes to the Board and will be adding Board members.
We are also updating the MOU relating to the potential merger that we alluded to in the November press release. The Exchange must give us approval of any releases that we issue so, with their OK, we should be able to send updates as soon.
I hope this helps. We will update everyone as soon as we can."
Exactly one year since natcore announced their new production process. And look where they are today. Unbelievable.
ugh, ugh, ugh. I have nothing else to say.
The merger evolved over 2018 through conversations between Chuck Provini, Natcore’s CEO and President, and Owen Shuler, CEO of Shuler Capital Corp, who have known each other from previous Wall Street relationships.
Shuler Capital Group AGT: J. Kevin Loechl peachtree RD.
Kevin J. Loechl
Photo of Kevin J. Loechl
To access my vCard so you can contact me, type the state where our office is located in the form field below:
e.g., New York
EDUCATION
University of Chicago Law School (J.D., 1994); Calvin College (B.A., 1991).
PERSONAL
Born Oak Park, Illinois.
Formerly practiced with Baker & McKenzie in Chicago.
BAR MEMBERSHIPS
State Bars: Illinois 1994-; Georgia 1998-.
Bar Organizations: American Bar Association; Section on Business Law; Section of Taxation; Committee on Partnerships and Unincorporated Business Organizations; Lawyers' Club of Atlanta; Christian Legal Society.
PRACTICE AREAS
Corporate and Securities Law, Intellectual Property Law.
Head of the corporate and securities practice group.
Kevin Loechl is a member and principal of the firm. He is the head of the firm's corporate and securities practice group, and also practices in the firm's intellectual property practice group in connection with licensing issues and representation of authors. He began his legal practice in 1994, focusing initially in corporate finance, exchange-traded derivative financial products, and mutual fund regulatory compliance. He later expanded his practice into broader corporate and transactional representation upon joining the Firm in 1997.
He has extensive experience advising and representing clients in various corporate and transactional matters. He regularly advises corporate and non-profit clients in merger, acquisition and joint venture transactions; corporate financing, including loans, venture capital and other private equity financing; business planning and formation; tax structuring of transactions; and negotiation and documentation of commercial contracts and licensing agreements. He also advises clients on various regulatory compliance issues, employment matters and executive compensation arrangements. He serves as outside general counsel to a number of clients, allowing him to build a deep knowledge of his clients' businesses and to proactively identify and address legal issues and problems at an early stage, and to provide overall legal counsel and guidance on the various issues that arise in the course of his clients' business. He also represents authors and media and other intellectual property owners in connection with publishing and licensing agreements.
He represents numerous companies, non-profit organizations, and individuals both in the Atlanta area and around the country. His clients include, among others, durable medical equipment and pharmaceutical companies, manufacturing companies, financial services firms, and private equity funds, as well as churches, public charities and private foundations. The primary focus of his practice is on privately-held businesses and their owners. He was named a 2005 Georgia Rising Star Attorney by Atlanta Magazine, putting him among the top 2.5% of Georgia attorneys under 40.
He is admitted to practice in Georgia and Illinois.
EDUCATION:
He attended Calvin College in Grand Rapids, Michigan, receiving a Bachelor of Arts degree in Political Science in 1991. He served as Vice President and President of the Student Body there, was a National Merit Scholar during his full tenure at the College, and was the recipient of the DeKruyger-Monsman Memorial Prize in Political Science. He is a graduate of the University of Chicago Law School, receiving his Juris Doctorate degree in 1994.
PERSONAL AND PROFESSIONAL AFFILIATIONS:
He is a member of the American Bar Association, the Georgia Bar Association, the Christian Legal Society and the Lawyers Club of Atlanta. Within the American Bar Association, he is a member of the Section of Business Law, the Section of Taxation, and the Section of Taxation's Partnership and Unincorporated Business Organizations Committee. He serves as the President of the Atlanta Leaders Group, a network of Atlanta business leaders, and as a member of the Executive Committee of the Board of Directors of the Georgia Family Council. He served for six years as an Elder of Hope Presbyterian Church in Marietta, Georgia. He and his family are active members of their church, where he teaches Sunday School. He and his wife and their four children reside in the northern suburbs of Atlanta.
REPRESENTATIVE TRANSACTIONS:
Represents and advises a Georgia-based consumer healthcare products distribution company and its subsidiaries, as outside counsel, in such things as:
its acquisition, from Johnson & Johnson, of a distributor of branded and private label diabetic self-care products, in a stock purchase transaction;
the restructuring of the company's ownership in connection with the purchase of a controlling interest in the company by a Canadian group;
the sale of a medical device technology wholly owned prior to the sale;
the tax and corporate law aspects of the restructuring of the primary operating subsidiary from a C corporation into a limited liability company form;
multiple debt financing transactions for the company;
developing a long-term incentive benefits plan for the company's employees;
drafting, negotiating and reviewing major commercial contracts with U.S. and foreign suppliers and distributors; and
drafting, negotiating and reviewing executive compensation and restrictive covenant agreements.
Represents the current controlling shareholder of a Georgia-based group of companies that provides third party administrative services for employer-sponsored group insurance services in the Southeast and South Central United States, in a tax-exempt spinoff transaction in which the shareholder acquired the stock of the two companies that form the core of the group of companies; and represented those companies in their:
acquisition of related Louisiana- and Texas-based third party administrator subsidiaries, from Brown & Brown Insurance, a major nationwide insurance brokerage firm, in a stock purchase transaction; and
acquisition of a Florida-based third party administrator, from Roger Bouchard Insurance, Inc., in an asset purchase transaction.
Represented a family trust in its acquisition of a fifty percent stake in a California-based precision manufacturer of high-technology custom metal parts for satellites and aircraft.
Represents a Chicago-based private equity fund manager as outside general counsel, including in:
the organization of a private equity fund focusing on investments in developing economy microfinance institutions,
the private placement of interests in the Fund;
the Fund's investment in a Guadalajara, Mexico-based microfinance bank;
the Fund's structuring and investment in a Dutch holding company and offshore intermediary and its related indirect investment in three Eastern European microfinance banks.
Represented a Georgia-based technology investments company, in its sale of a charter passenger air services company focused on government services contract work to an Illinois-based passenger air charter company.
Advised an Atlanta-based national commercial real estate brokerage firm in the development of a profit sharing plan for the firm's independent agents.
Guesses from thin air are make believe and stupid to read.
Awe how cute. Another little keyboard warrior living with his grandma.
Of course not. Guesses from thin air are make believe and stupid to read. I am starting to understand why people consult Zoltar from reading your posts.
I guess that should have been Mr. VAN Winkle. No disrespect meant. There is nothing else going on around here, as usual. There have been both buyers and sellers, contrary to what another poster says. This would be a good stock to flip since there are big swings in price. Everyone is in the dark, so welcome to the club.
Where have you been, Mr. Winkle? LOL NXT trading has been halted for 3 or 4 months, ever since the merger. NTCXF has been allowed to rise and fall, reflecting the moods of the traders, from as low as $.02 to as high as $.11.
WHY hasn't NTCXF or NXT traded the past two days?
And do you have more interesting guesses?
The agm consists of just the vote count. Everyone knows no other slate of BOD was proposed prior to the meeting, so the incumbents were elected again. Is that enough excitement for you?
Your guesses are not interesting.
MRC seems like no news. Don’t they atleast have to post their minutes from annual shareholders meeting? Did anyone on this board go to it? As far as the price swings on the OTC personally I think it’s probably due to being oversold and way less shares available. I know that for me I can buy them on the OTC as ntcxf but before the next business day it converts them to NXT and makes them untradable again. So I’m guessing there has been a lot of shares takin off the Market with Americans dumping them on the OTC over the last few months and ended up in the hands of guys like me and taking them off the Market till NXT starts trading again. The only way I can possibly trade ntcxf is on the same trading day. I took a chance on buying a lot over the last month as they were to cheap to pass up but in the end coulda end up losing that much more money. Only 2 reasons I can think of for the silence is that either negotiations aren’t going so well or maybe it’s because the OTC wouldn’t keep it haulted so they are waiting till it’s finalized.
Interesting price swings. Bad news/good news speculation?
Some people never realize that traders don't make company news or know it is advance.
175,000 shares traded today.
Big uptick.
Maybe soon... some news!
Merging involves lots more work than this board can understand. Comments indicate that imaginations need rationalizing.
Besides solar has so many competitors that this tech could get blown away if a competitor gets a breakthrough. I read about one last month that has created a tandem cell, which was always supposed to be NXT golden goose in incubation.
Headquarters moving to Florida....wouldnt want to disturb their golf paid for by investors.
“The relative valuations of the merger will be made public over the next 30 days” - dated November 5th 2018.
These idiots can’t follow through on anything, even their own announcements.
Thanks for your thoughts. Can't disagree with anything you said. I really thought this was going to be a great investment, but it has been nothing but a long run of silence and disappointment.
Just following the dots. The use of lasers did not work and they admitted (several months later of course and unknown to stockholders) that they had hit a wall. They said that they were going in a different direction (still using aluminum I believe) and they would give the results at a conference, followed by a demonstration to a manufacturer (in June or July?). Then silence, except for an email saying that a lot of confidential stuff was going on that they couldn't tell us about. Note to any reader: If my timeline is wrong, please correct it.
Mr. C, that's an interesting comment about aluminum not working out so well. Never heard that. Do you have any details? Thanks.
I think we will see all the details next month.... don't knock till you see the details.... Just sayin..... happy holidays!
Yes stopshortHatty, but I thought he was talking about someone buying the patent and not the company. I guess they had no choice when aluminum didn't turn out to be as good as silver.
While NXT trading is still halted, it seems that management doesn't mind that NTCXF is going to zero.
Lol, I did and then slowly realized Scarpa and the rest of then are full of shit. I humbly admit you were right.
coin8300, you never bought NTCXF stock? Your posts sounded like you were the CEO. EOM
25k down for me. Hard to say what’s gonna happen. Certainly doesn’t look good atm. Maybe they are our lifeline and got us for nothin but i’ll Wait and see the valuations that were given before I pass my judgement. I need a double just to break even. There definitely is still something going on with psecc solar farms as they have updated there site. One paragraph says there still trying to get funding to start manufacturing natcore technology and it’s dated November 2018 under it. As far as the medical technology company who knows. Hopefully not just another R&D company. Either way we will find out in the next couple weeks how the companies were valued.
You were smart not to trust these wall street guys. I wish I had your forsight. 10K+ in the hole, paying lavish salaries for NOTHING MARKETABLE.
I almost invested in this pos long term. It makes me angry knowing I could have lost everything. Thank god I trusted my instincts and exited fast enough and chose other investments that worked out.
Cant keep the scam going if the share price is at 3 cents. So gotta reinvent “business” by “changing direction” and doing a reverse stock split to make it look not like a complete piece of shit that fell that low. How else would you get new suckers to “invest”/keep Provini and the rest of the clown crew with salaries where they don’t actually have to work. They milked this gravy train for ten years and they want another 10. Nothing screams this is a science project and we cant make money no matter what we do than employees leaving and a sudden change in direction after 10 years of failure.
There is no information out from either company about the merger. None, nada, zero so why do you think SSH can have useful info? You have to wait for the company to unveil it, then discuss it. lol.
stopshorthatty, Who are these guys? What do they have to do with Natcore?
Thanks
I posted this as a reminder long ago to bring patience and clarity to the long road ahead for Natcore. I will let you read the post again and see the truth and reason behind this research company. Chuck P has laid out the path from the beginning. So get out your money and buy LONG. Reverse split or not.....
Chuck More Skin in the game..
The Natcore device would be surgically implanted. It would be a flat round disc with a diameter of approximately 4mm, roughly the size of a pencil eraser.
Dr. Flood has 33 years’ experience in developing solar cell and array technology for both space and terrestrial applications at the NASA Glenn Research Center in Cleveland, where he served as Chief of the Photovoltaic and Space Environments Branch. He was moved to invent this artificial retina when his wife lost the macula of her left eye at a relatively early age due to a form of wet macular degeneration. His invention uses some of the same carbon nanotube technology already owned by Natcore.
“Given our recent advances with black silicon, the selective emitter and the flexible solar cell, we have an embarrassment of riches,” says Chuck Provini, Natcore’s president and CEO. “The path to commercialization for those three applications is now a relatively short one, while our artificial retina will require much more time. Because of its huge potential and the immediate need for it, we’ll probably look for a joint venture partner, a licensee, or an outright buyer to take it to market.”
Goto love this
Kevin Webb is the business development manager for the Great Lakes Region for Sparton Corporation, a specialized contract development and manufacturer for complex classification II and III medical instruments and other highly regulated industries. For the past thirteen years, his main role and passion at Sparton has been engaging with clients, cross functional teams and supplier partners to help launch "first of kind" medical technologies. Prior to Sparton, Webb has more than ten years of direct sales, marketing, distribution and operations for global product launch campaigns. Webb is from a family of innovators and received his B.S.B.A from the University of West Florida.
President & CEO, Efferent Labs, Inc.
Bill Rader is the president and CEO of Efferent Labs, Inc., a pre-clinical stage company focused on biosensor systems for life science. A serial entrepreneur, Rader sold his first company at age 18. To date he has launched five ventures, including the most recent Efferent Labs and orchestrated multiple mergers and acquisitions. In October 2014, Efferent Labs was a winner in the world’s largest business contest, 43North. Rader started in the engineering sector of the U.S. Navy as a nuclear engineering member of the Submarine Fleet and is a member of many industry organizations. He is also a contributing writer for Forbes, where he writes on entrepreneurship and business. Rader holds a bachelor’s degree in Electrical Engineering and is a graduate of the University at Buffalo School of Management. He is also a member of Harvard Business School, Business Innovations in Global Healthcare class of 2015.
Brian McIlroy, Ph.D., was most recently the Executive Director of the Buffalo Institute for Genomics and Data Analytics (BIG) at the University at Buffalo. As executive director of BIG, Dr. McIlroy developed and implemented a comprehensive plan for advancing BIG’s mission, with a focus on driving innovation and generating economic impact through industry collaboration. Dr. McIlroy was recruited to GE Global Research in May 2007 as the senior bioinstrumentation leader. He began his career at the National Medical Laser Center in London, England. While there, he was responsible for all the laser treatments and maintenance of the clinical and non-clinical laser systems. Overall, Dr. McIlroy has more than 20 years’ experience in all aspects of medical device development together with management of clinical trials ranging from preclinical through phase III FDA controlled global trials. He is a world-renowned specialist in the area of Photodynamic Dosimetry Therapy (PDT) and serves on the editorial board of Journal of Photochemistry and Photobiology B, as well as being a member of many international bodies in the areas of photochemistry and photobiology. He has published a number of articles in the peer reviewed literature, two issued patents and has been invited to speak at many international conferences. McIlroy has a Ph.D. in PDT from the National Medical Laser Center in London, England.
Nov,5, 2018-Natcore Technology Signs MOU to Merge With Innovative Medical Technology Company
Click For November 5th PR
Merger Will Add Medtech and Operating Service Providers to the Natcore Portfolio
Delray Beach, FL — (November 5, 2018) —Natcore Technology Inc. (TSX-V: NXT; OTCQB: NTCXF), a technology research company, has advanced an MOU that would result in a merger with a privately held firm and its subsidiaries that would become wholly owned subsidiaries of Natcore.
The move would give Natcore the resources to further develop and leverage its innovative technologies R&D across the energy, medical and defense sectors and allow the company to once again attend to its patents that have applications in the medical field.
This week as Americans go to the midterm polling stations to cast their vote, the number one topic on their minds is how the political landscape will impact their healthcare options and quality of care outcomes. Affordability and access to care are main concerns for most Americans. Natcore would be introducing a national healthcare model through this merger.
The model is a consolidated health services organization with specific focus on cost reduction and optimization of patient engagement, risk assessment, risk management and pharmaceutical adherence for patients in all markets. Initial estimates are that it will save health systems, payers and the Federal government tens of billions of dollars from its high-tech, high-touch innovative technology and service mix. The model is a non-partisan solution serving the needs of the American people that upon widespread adoption, hundreds of billions of dollars in cost savings could be realized.
The merger evolved over 2018 through conversations between Chuck Provini, Natcore’s CEO and President, and Owen Shuler, CEO of Shuler Capital Corp, who have known each other from previous Wall Street relationships.
Provini says “This merger would offer several obvious advantages for Natcore. First, by having other businesses in our portfolio, we would be able to smooth out the impact of the volatility inherent in the energy industry, as Natcore has invested significant resources to developing its solar tech patents portfolio while weathering the sector’s natural anomalies, unforeseen tariffs, political pressures and international competitive issues.
“Second, we would have the organizational and financial resources to exploit our existing patents in the solar and medical fields and to expand our product offerings through vertical businesses in both sectors.
“Third, as a much bigger company, we would be better able to command the attention of analysts and would have expanded bandwidth to serve existing and new customers.”
“And fourth, as an American company trying to keep control of our intellectual property here in the States and across the globe, this merger would allow us to continue that fight with breathing room to further improve our technologies as we prepare to export products and services worldwide.”
Although Natcore has focused on its solar technologies, its work with carbon nanostructures has led to patents with important applications in the medical field. Most prominent of these is a patent for an artificial self-powered retina insert using an array of semiconductor coated multiwall carbon nanotubes, controlled by micron scale integrated circuit embedded in the device. Advancing core research to commercially viable products becomes more readily achievable.
Other applications could include a medical laser power meter with a black silicon absorber to prevent unwanted back reflection; x-ray absorbing material made with coated multiwall carbon nanotube (MWNT) yarns; a DNA sequencing method using semiconductor coated carbon nanotubes; and a lab-on-a-chip medical diagnostic system using semiconductor coated MWNTs.
Natcore’s objective to advance its solar and medical patents suite towards commercialization for revenue generation would be advanced through the merger.
Provini would continue as CEO and President of the reconfigured Natcore. Shuler would become its Chairman, replacing Brien Lundin, who will remain on the Board of Directors. The Board would be expanded with additional directors possessing specific industry experience who are well known corporate and institutional capital markets executives.
Natcore will be relocating its headquarters from Rochester, NY, to Delray Beach, FL., with regional offices serving its customers from Washington, Dallas, Nashville and New York City.
The relative valuations of the merger will be made public over the next 30 days. However it will include a 1:10 reverse split of the existing Natcore shares followed by an issuance of shares to Shuler that will create a supermajority equity interest with operating and management control of the company.
Natcore has requested a trading halt during the finalization of the transaction to allow all relevant information regarding the specific assets and companies as part of the merger to be made public leading up to the company’s annual shareholders meeting by the end of January.
Actions contemplated by the MOU are subject to all necessary regulatory approvals, including acceptance and approval by the TSX Venture Exchange.
Blessings to All
TRUTH
Provini duped investors again.
Look up Chuck’s History. They never had a commercially viable solution, all lies other than a front of R&D wasteland. What connection could they possibly have to medical other than they (Schuler) are largest shareholder and have now called their marker.
Stay tuned, A LOT more to come, IMO
Its irresponsible for these asshats to continue as a company that takes investors money. They need to shut this down and continue it as a hobby in Chucks back yard.
I'm sad to see there technology isn't going to work anytime soon. That's what this move tells me. Otherwise their hands would be full with what they had on their plate.
Followers
|
115
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
7602
|
Created
|
03/24/10
|
Type
|
Free
|
Moderators |
Corporate Website: http://www.natcoresolar.com
[Latest Presentation] (DECEMBER 2016): http://www.natcoresolar.com/core/wp-content/uploads/2016/12/Natcore-GTM-Presentation-12.8.16-NRev.pdf
NatcoreTechnology
"NatcoreTechnology is a research and development company pioneering solar cells with improved efficiency and reduced cost. By combining the expertise of our scientists – who are among the most renowned in the solar community – with a well-equipped research facility, we are developing approaches that will define the next generation of cells. Our output is technology: our intellectual property is currently protected by 62 patents granted or pending. Natcore plans to move our technologies into manufacturing through partnerships that ultimately yield licensing and royalty revenue streams."
• Natcore is a dual-pronged business consisting of 1) commercialising technology (licensing, royalties, material sales) 2) international consulting for industrial scale solar facilities (Best-of-Breed Program). The company has been funded via private placement for several years back in a purely R&D phase and now looks to turn the corner with revenue generation.
Primary Technology:
Rochester, N.Y., research and development center (19,000 sf with 8,000 sf clean room)
♦ [Natcore Foil Cell] (All Back Contact Solar Cell): The cell is several technologies combined under the product name "Foil Cell". The structure uses aluminum instead of industry traditional silver, greatly reducing material costs. The patented low temperature laser process rids the need for expensive furnaces.
• Current Efficiency: 19.4% (Short term target of >20%)
• Early Phase Full Production Estimate: 22%
• Long Term Full Production Estimate: 24-26%
♦ [Black Silicon]: The black silicon technology streamlines the path to low solar cell reflectance. By reducing steps in the manufacturing process, costs are greatly reduced.
Technical Executive Summary:
"The vast majority of solar cells produced today employ front contacts—one of the cell’s electrical contacts is the familiar grid of metal lines on the front of a cell. Even though the grid lines are thin, they block light and thus reduce efficiency. These standard solar cells are also made with a thermally diffused emitter, requiring very high process temperatures (>800C). The combination of front contacts and thermally diffused emitters limit current cell efficiency to about 19%.
Recently, a 25.6% efficiency was reported – the highest efficiency ever reached for a silicon solar cell. The cell in question used only back contacts, thus blocking no light. It also used a silicon heterojunction (SHJ) emitter, eliminating high temperature diffusion steps. While the achievement showed the value of these approaches, the cell was produced using a complicated, high cost process. The goal then: produce a cell like that at low cost.
The Natcore Cell leverages laser processing and a revolutionary approach to contacting/metallizing the cell in order to drive out cost while getting to high efficiency.
Our design requires highly defined regions of heavily doped silicon in order to form the base contact of the solar cell. By using a powerful focused laser beam, small regions of the silicon surface can be melted in the presence of a specially applied dopant, allowing that dopant to penetrate the silicon matrix. In particular, Natcore scientists have discovered a method to laser-form these dopant regions while not disrupting the high quality emitter already present on the solar cell. The laser process is rapid, and can be performed in low capital equipment at atmospheric conditions.
Our approach to metallization is game changing. Silver is a staple of current solar cells, being used for its high conductivity and easy processing. However, it can represent from 30 to 50% of the fabrication cost of a solar cell. Our unique metallization approach relies upon a simple multilayer structure composed of aluminum foils. The use of aluminum alone permits great cost saving. However, there are two additional areas of cost saving with our approach. First of all, the metallization process, leveraging the worldwide volume of aluminum foil production, can have a very low capital cost and footprint. Secondly, the resulting cell architecture is ideal for subsequent incorporation into modules cheaply and with low cell-to-module (CTM) losses.
Natcore has specifically protected its laser back contacted cell approach with a number of patent filings covering the architecture, laser process, and general processing characteristics. Natcore’s rapid progress in this area is enabled by David Carlson, member of our Science Advisory Board and Charlie Gay, auxiliary scientific advisor. Both bring a recognized, extensive career in solar technology and business to the table."
♦ Natcore makes solar energy cost-competitive by increasing efficiency and lowering cost.
♦ In a solar cell industry where manufacturers are fighting for fractions of a percent improvement in performance or costs, Natcore’s new cells will offer cost/watt improvements likely well over 30% – a generational leap in performance that will essentially force adoption by the industry.
♦ Natcore will have a very quick ramp-up to significant revenues, with virtually no capital expense and margins near 100%. This is because the company’s business model calls for licensing the technology to any and all comers, earning royalties on equipment, materials and every solar cell sold using the proprietary process.
International Solar Project Consulting (Best-of-Breed):
• Provide project financing and technology;
• Design, develop, implement and bring solar plants to the turnkey phase;
• Serve as supplier and promoter of the project;
• Select suppliers, PV plant locations and EPC company
Projects in the Pipeline
♦ Belize: 10MW
♦ Australia: 30MW
♦ Vietnam 200MW (Multi Phase With State Party Interest in Manufacturing Facility)
♦ Middle East 1,000MW
♦ South Africa
♦ Ukraine/Moldova
♦ Philippines
Vietnam - Phase 1: 56.18MW (December 2016 Presentation)
Drone Aerial Image of Land
Project:
• Total Investment: $65.5 Million
• PPA: $0.112 kWh
• Average Yearly Revenue: $9.3M (Recurring for 20 Years)
Estimated Fees to Natcore:
56.18MW - Phase 1
• Engagement Fee:$1.5M
• Cost Plus $3.25M
• Annual Partnership Participation (10%) 20 Year Term: $18.6M
200MW - All Phases
• Engagement Fee:$6.0M
• Cost Plus $13M
• Annual Partnership Participation (10%) 20 Year Term: $74.4M
Natcore’s Scientific Staff:
Current and auxiliary advisory members boast some of the world’s top experts and authorities in photovoltaics, highlighted by:
Dr. David Levy (Director of Research & Technology)
Dr. Levy earned his BSE in Chemical Engineering from the University of Pennsylvania and his PhD in Chemical Engineering, with a minor in Electrical Engineering, at the Massachusetts Institute of Technology.
He invented the atmospheric Spatial Atomic Layer Deposition process (SALD) while he was a Senior Research Scientist at Eastman Kodak, where he spent 20 years. With primary applications in the semiconductor industry, SALD is now a recognized area of research in the atomic layer deposition community.
While working with air-free synthesis of nanoparticles, Dr. Levy also gained familiarity with quantum dot systems. The ability to create a three dimensional matrix of quantum dots is a critical step toward the formation of a fully functioning tandem cell, a principal goal of Natcore scientists.
Dr. Levy has been granted 90 patents and has authored 11 peer-reviewed journal articles. He has been an invited presenter at meetings of the Materials Research Society and the American Vacuum Society.
Dr. Dennis Flood (former Chief of Photovolatic and Space Environments Branch, NASA)
Dennis Flood, PhD, is a Natcore co-founder. He has more than 30 years’ experience in developing solar cell and array technology for both space and terrestrial applications. At the NASA Glenn Research Center in Cleveland, he served for 15 years as Chief of the Photovoltaic and Space Environments Branch and led programs in advanced photovoltaic systems development.
Dr. Charlie Gay (former Director of U.S. National Renewable Energy Lab, president of Applied Solar at Applied Materials, chairman of technical advisory board of Sunpower)
He has 41 years of professional management, manufacturing and advanced technology experience in renewable energy and photovoltaics. He created the Greenstar Foundation, which delivers solar power and Internet access for health, education and microenterprise projects to villages in developing countries.
Dr. Gay has been president and chief operating officer of ASE Americas; chairman of the technical advisory board at SunPower Corporation; president of Applied Solar and chairman of the Applied Solar Council at Applied Materials, Inc; and president of ARCO Solar.
Charlie Gay received a B.S. in Chemistry from the University of California, Riverside, and a PhD in Physical Chemistry from the same institution. He holds numerous patents for solar cell and module construction and is a winner of the Gold Medal for Achievement from the World Renewable Energy Congress. He was elected to the U.S. National Academy of Engineering for his seminal leadership contributions to the development of the global solar PV industry.
Dr. David Carlson (former Chief Scientist for BP Solar and inventor of the amorphous silicon solar cell)
Dr. Carlson is a physicist with a worldwide reputation in photovoltaics and materials science. Until his recent retirement, he was the chief scientist of BP Solar, for whom he managed future technology programs and the intellectual property system.
In 1974, Dr. Carlson invented the amorphous silicon solar cell at RCA Laboratories, and was the first to demonstrate that hydrogenated amorphous silicon could be doped either p- or n-type and could be used to form a semiconductor junction. He has been Group Head, Photovoltaic Device Research, at RCA Labs; and Vice President and Director of Research of the Thin Film Division of Solarex Corp.
Dr. Carlson is a fellow of the IEEE and has been a member of the American Physical Society, the American Vacuum Society, and Sigma Xi. He has published more than 150 technical papers, has been issued 26 U.S. patents, and has 8 patents pending. He’s listed in Who’s Who in America. Dr. Carlson received a B.S. in Physics from Rensselaer Polytechnic Institute and a PhD in Physics from Rutgers University.
Filings:
U.S. SEC: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001464623&owner=exclude&count=40&hidefilings=0
SEDAR: http://www.sedar.com/DisplayProfile.do?lang=EN&issuerType=03&issuerNo=00026055
NATCORE TECHNOLOGY INC.FILINGS & PUBLIC DOCUMENTS with SEDARShare Structure 9/1/16
Shares Outstanding 61,939,302
Warrants Outstanding 23,657,302
Options Outstanding 5,540,000
Shares Outstanding Fully Diluted 91,136,872
Press Coverage:
ABC NEWS: http://abcnews.go.com/blogs/technology/2012/03/absolute-black-solar-panels-absorb-almost-all-sunlight/
ABC NEWS: http://abcnews.go.com/WNT/video/american-company-takes-solar-technology-china-10935609 <-- Worth a watch but Natcore did not end up doing business in China for concern over intellectual property ownership
NY Times: http://www.nytimes.com/2010/03/18/business/global/18research.html?emc=eta1&_r=0
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |