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Don't assume that anyone else running a company would post on a bullboard, just because you would if you were in management.
You're either Scarpa or Lundin.
No matter, the fat lady sings.
BTW it was Natcore stating in a PR November 2018 (a year ago)that they had an MOU to merge with Medtech. During that time management would reply to some investors privately that this takes time (how much time?)
Illusion and just plain BS.
What they have NOT done is actually file CH. 11 and let Investors dissolve their shares on the venture. (wave the white flag) and take the loss.
Deceptive right to the end.
Who the FK is trading on the OTC, I am curious to know if management is holding the same amount of shares.
I've been there a few times and it ain't cheap.
Since you don't live there you have no idea.
One Year goes by without even a fart! https://m.canadianinsider.com/natcore-technology-signs-mou-to-merge-with-innovative-medical-technology-company
Their Living it up in Del Ray with our money.
Remember this quote from Chuck (Adopt our technology or go out of business)
So who's out of business?
Wonder if the new office is open in Delray Beach, Fl. Maybe I misunderstood the prediction of 2 months was really 2 years or 2 decades. Lol is about all I can do at this point. What a bunch of .... this is.
As an added bonus they threw in the 1 for 10 R/S just to muddy the water.
Almost a year and not a peep. This would make for a great story especially when there were promises made and senators duped. Kodak was a smoke show.
Provini has a very shady past. He got sacked from the Biden's family firm Paradigm. Here's an interesting read of him and his dodgee associate's past.
http://brontecapital.blogspot.com/2010/01/dark-privatised-social-security-story.html
Dorion is now a Tropical Storm so Natcore has NO EXCUSES!
Buy Tommy Boy will keep on keep on!
Putzes!
Provini with all these connections and can't get it done.
Interesting read of his past.
https://www.politico.com/magazine/story/2019/08/02/joe-biden-investigation-hunter-brother-hedge-fund-money-2020-campaign-227407
What's he up to now? This guys a shepherd. A good friend of Brien Chuck and
Toms. What a salesman. Fool me Once.......................
https://www.kitco.com/news/video/show/Kitco-NEWS/2498/2019-08-05/Doug-Casey-America-is-on-The-Cusp-of-a-Civil-War-RERUN
Cease trade order has nothing to do with the planned merger. They have no money so if they can't get a merger then it is over. Very simple.
All the shareholders phoning, emailing and anger about perceived injustices has no effect on them and does not speed up anything they might be working on.
A nr will come out at some point for info and it might just be a chapter 11 notice. Expecting anything else is unrealistic because they don't have the money to staff grief counselors or anxiety therapists year after year.
Trying to guess the future for this based on seeing something similar at another company is just denial that it is a crap shoot.
I certainly have emailed them. I’ve got nothing back. Right now things don’t look good for anyone. No phone number working, late on filing documents causing trading suspension. No news of any kind not even the slightest investors update. Who know all the equipment they got could have gotten re po’d by now. Do they even still have a lab? They can’t have any money can’t even do their taxes. Looking like this one is gonna go down as the biggest mistake of my life. One has to assume the merger is dead and they are looking for another lifeline. I don’t believe it was a scam I do believe they have tried but failed. What they did succeed in was getting people to buy in.
Did anyone send an Email?
Curious to read if it's the same one circulated with lawyer type wording.
There's a connection between all of them in Del Ray not only they live there but also connected from past contributors for example Doug Casey Ironically lives in Delray Beach .
Remember the New Orleans Conference every year and inviting shareholders to try and invest more money. I seem to remember a few that went and had glowing reviews, but who were they? Shills!
Provini and Scarpa collected some nice paychecks over the years.
Remember this interview with Brien Lundin
7 or more international projects some more than three years now and no progress?? You mean the Import-Export bank, USAID, NASA, or the Governments of the countries involved cannot strike up a joint agreement for funding? This is preposterous. If the technology is that damn good something would have been done by now. The merger will put solar panels on the back burner while they develop medical instruments first. A poorly run company it seems to me tailored made for the CEO and friends.
scarpa@natcoresolar.com
provini@natcoresolar.com
Everyone should be emailing these guys to show your concern.
Email each one and ask what are they actually negotiating and you should keep them on their toes or try to get anything from them new location office staff members etc.
Anybody travelling there and stop off in DelRay Florida?
1615 S. Congress Ave., Suite 103
Delray Beach, FL 33445
USA
Google map can't show they are actually there so someone has to prove it.
Maybe phone a business in the same building.
10 years of collecting some substantial salaries between the 2.
I wonder if David Levy signed a confidentiality Claus since he left last year. So many questions? No updates on the site.
I can feel the Anger and Seething of Investors as they have been blindfolded and have become mushrooms.
It's been 7 months, what is the scheme?
Come on folks do your part! There's too much of this going on today where CEO's are bleeding Investors with absolutely no shame.
They scheme and this is what I believe is going on now contrary to the subtle replies of trying to negotite and it takes time, well that was not the case initially which said it would be abut 30 days and now 7months have gone by.
I sure hope they are able to get their initial investment back because then we should be able to also. But how long can this drag out when the Company no longer has a working phone number and cease trade order issued in Canada. Before I was able to buy and sell them on the OTC during the trading halt now I can’t do anything with them. They are always talking about protecting their intellectual property but maybe their property isn’t very intellectual at all. The big news the other day about New York with the biggest renewable energy plan to date should be huge for a New York solar company. That’s if that Solar company had anything worth commercializing. If they can’t pay their phone bill are they covering their rent still? And if not did they get their equipment out? I’ve never seen a merger take time like this with no updates except for ones that have fallen through.
The holdup is negotiations as per Tom. You know that Natcore is ripe to be raped and the gang had invested a pile of their own money initially.
IMO I think that's the only thing that matters to them is recovering that, because everything else I've heard from them over and over again is just BS and the dangling carrot on a stick. This can drag on for a while still.
Besides it's 100 degrees in DelRay Florida so who's even doing anything, I bet it will be fall before we hear a word.
I sent psecc solar farms an email and this is the response i got from them.. Dear Brodey
We did intend to partner with Natcore for some projects. The Simbrofo project needed more revenue generation because of the reduced Feed in Tariff and Natcore technology would achieve that.
At present we are negotiating with PFAN the funding for the solar farm and as such the project has still to be constructed.
To get Natcore into manufacturing it will take appx $9.5 million but we have not been able to assist Natcore in doung that because of lack of funding. We are still interested in doing that if we can obtain funding from another source.
Regards
Alan Brewer
geb2, the SEC has sent warning letters to NTCXF since the 2012 filings for improper disclosure;
https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001464623&type=Upload&dateb=&owner=exclude&count=40
NTCXF has never reported one dollar in revenue...ever. That being said; nobody forced anyone to buy NTCXF stock and bad investment choices are no grounds for a lawsuit.
Good luck.
I’m not sure that they care how anything sits with us shareholders. There is only a select few people that they have even replied to in the last year. I’ve never gotten anything back from them ever. One would think if they had any revenue source that they woulda been happy to release something. Every deadline they’ve blown. They have to release their form 20 soon because it has to be submitted within 6 months of year end and their letter to the exchange I believe only bought them a 2 week extension. Although it probably won’t be good news that comes out it’ll be something soon.
On the solar grapevine it has been rumored that a/or a couple of solar manufacturers are using Natcore Patent Technology. If this was true could that be a revenue scource keeping Natcore alive !..!! How would that sit with the shareholders !
Im hoping for the best for everyone that’s for sure. They sure did make a lot of deals that to this date have amounted to nothing. The silence during the last 6 months the late filing of form 20 for financial reasons sure don’t look good right now. They have to be totally out of money by now unless somehow they managed to get some without the market. I’m not giving my shares away though gonna wait er out and see where we end up.
Brody79....Yes..Purchased 15000 $1.165 15th Oct 012 and 15000 $0.814 May 21st 013. I can read your thoughts mate.
I was in USA and read about this Company. Was excited to be able to purchase these shares.
I am old school Brody (76yrs). A handshake is a done deal and your word is your bond.
I was very impressed with Natcores "Own the technology, Own the industry" theme.
Provini is a very strong and believable presenter. Claiming to be ex US Marine was good enough for me to be a believer.
As time progressed and the MOU'S came and went, the JV'S never eventuated, the statements from Natcore held no promise of commercial success.
I realized this is turning into a porky. I could have packed my bags and taken a loss. My generation are very aware of the enormous sacrifice you guys gave alongside us in the South Pacfic in WW2.
In NATCORE I was proud to be part of the American Dream and to have sold those shares would be my weakness.
If Natcore goes down the gurgler then thats their weakness and those involved should be accountable.But if someone picks it up and turns it around then the dream comes true.
Have you held them all the whole time? Or buy any on the cheap to avg down?
I invested into Natcore $30k (($1.00 pS) app 2012.
The enthusiasm in Natcores Promotions was highlighted by Provini stating at a interview in New Orleans "This stock could go to $100.00 !"
Lets take some of the ventures Natcore staTed to be involved or negotiating.....Australia 30mw Belize 10mw Vietnam 200mw Middle East 1000mw plus South Africa Ukraine/Moldova Phillipines plus the numerous patents indicated to be game changers for Natcore.
To have believed in this company on the presented sincerity of Provini, the end result as of today has been a unbelievable decline in shareholders trust.
Somebody should be accountable.
I haven't received a reply from Mr. Scarpa in the at last 3-4 months. No news yet but we might be getting close one way or another if the charts are any good at this point.
geb2, someone would have to file a class action against NTCXF and what would be the argument? EOM
Yes, why the Toronto stock exchange allows NXT to halt trading for six months without any news or explainations?
I am not familiar with the regulatory control over Canadian or USA public listed companies but I am sure if Natcore Technology was listed on the Australian Exchange ASX, the regulators would have had Provini and his mates served with a "big please explain". Had the ASX been given the same B.S. that this company has fed to its shareholders the Chairman / Sec and directors would most likely be in for deregistration, very hefty fines, and a stint in the slammer.
Why hasn't a class action been brought against this company
I’m not sure what you mean? I haven’t seen it at 0 I know it didn’t trade today as it was a Holliday for the US exchange that’s about all I know. But at this point if it did hit zero it wouldn’t surprise me. Over 6 months haulted and nothing from the company. The only reason I am optimistic at all is the fact that I have so much money tied up in this stock. I sure the heck’s wouldn’t be buying it right now but at the same time not gonna give my shares away. Either losing it all or maybe come out ok. Who knows what’s gonna happen with these guys mighta took us all for fools and we bought in.
RE 7457
The NTCXF share price has been changed to $0.00. Please comment. Thanks.
The compilation, dissemination and review of information required in Form 20-F, including annual financial statements, for the period ending December 31, 2018 could not be completed and filed by Natcore Technology Inc. (the "Registrant") without undue hardship and expense to Registrant. Registrant intends to file its Form 20-F pursuant to the 15-day extension period afforded by SEC Rule 12b-25 under the Securities Exchange Act of 1934.
PART IV — OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this notification
Charles R. Provini (585) 598-4510
(Name) (Area Code) (Telephone Number)
(2)
Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed ? If answer is no, identify report(s).
[ x ] Yes [ ] No
(3)
Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof ?
[ ] Yes [ x ] No
If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.
Natcore Technology Inc.
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.
Date: April 26, 2019 By: /s/ Charles R. Provini
Charles R. Provini
Title: President & CEO
Do you really want to encourage him to expand his ideas in detail?
Government guys siphoning, patents flying out the door? lol.
NAT cored out and over except for the crying. Retail has been slaughtered. These govt. con men are of the highest level of deceit.
Kiss it goodbye. Had they anything that good they would have already been getting income from the Vietnam project. Probably all that will be spun off or rather siphoned off for their benefit not ours. HiTech crooks broke in and stole our money. (it was an inside job)
At this point I would be extatic for the 10 to 1 reverse split. Atleast something would be happening.
Still have to digest the 1 for 10 R/S coming.
I agree, the patents are in play as Natcore is still Maneuvering.
http://industrynewscenter.com/28257/global-photovoltaic-materials-market-trend-2019-dupont-bandgap-engineering-1366-technologies-natcore-targray/
I agree, the patents are in play as Natcore is still Maneuvering.
http://industrynewscenter.com/28257/global-photovoltaic-materials-market-trend-2019-dupont-bandgap-engineering-1366-technologies-natcore-targray/
Watch, these guys have made some great progress and now do not want to share it with stockholders. Will the patents going flying out the door along with the scientist only to come up on the dark side of the moon... out of sight. Looks like a con job in the making with darpa behind it, or a private darpa like program.
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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
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