I'm not confusing the 2 as they are one in the same. Exclusive rights are exclusive rights as Chuck has said in various press releases. Of course they need to be smart about it and maintain a competitive edge. First solar is still the king and they would be a great partner to have in my opinion. It would also keep this US based company ahead of the curve moving forward from a cost point of view. Pretty sure I'm not Dead Wrong like you exclaimed.

You're only partially right. Read the press releases as Chuck Provini talks about giving potential exclusivity to certain Natcore partners/manufacturers. If you don't think they can break the code you (just like the US government) underestimate the Chinese and their abilities. You make some good points but there is some real concern when the Chinese are involved. Also having a big name for exposure and credibility can be huge and First Solar gives you this as would a company like SCTY down the road. I'm not dead wrong as its only my opinion. Apparently you have a strong opinion the other way which is fine. JD.

You're correct as it's all about the technology and cost. Natcore would license this out to a big player or sell this piece outright if approvals and patent's is attained. In the meantime Natcore needs to get their Black Silicon approved for solar panels and get some revenue generated fast. They will also need to partner with a much larger Chinese solar player than the one they are currently working with. They say in a press release that they do around $160 million plus annually. They need to partner with a JA or Trina (Someone who does a billion or more) if they want to gain some traction. Keep in mind that these solar module manufacturers will want exclusive rights for certain geography's if they pay a licensing fee for the technology. NTCEF needs to go with a big player in order to generate enough revenue in the key market of China which is still where the majority of the manufacturing is. If they were smart they would sign an exclusive deal with FSLR as that would make sense for a variety of reasons. 1. Patents would hold as they are a US company and Chinese companies don't usually play by the rules and FSLR would most likely buy Natcore if all went well.

Get ready as news will be coming out soon based on my assessment over the last 2 years. Its coming in a big way IMO.

Thanks for the post Funman as New York and Chicago are the biggest skyscraper markets in the USA. The problem still is that NENE needs to get a much larger prototype of let's say 5 feet by 5 feet squared ASAP and then offer a test in one of these buildings that can be measured effectively. We know the market is there but NENE needs to get moving now. Just having a new larger prototype and a test in New York city would propel this stock to over $3 IMO with no revenue. In the meantime we wait patiently. I think NENE just lost a major newsletter that was going to promote them and take them much higher at least in the short term. This Newsletter changed their mind based on something that happened recently (possibly the drop in stock price over the last 2 months or the dilution of the stock that was posted on the SEC filing) Either way this newsletter would have boosted the stock to over $3 and possibly $4 very quickly and it appears NENE blew the deal. I can't prove this 100% my all my research points to that the newsletter's pick was going to be NENE. This is very frustrating and unfortunate and John Conklin needs to do much better than this for us the shareholder in my opinion!

I hope you're right. If they can do 5 million in Q3 and closer to 8 mil in Q4 with OVRL sales staying constant at around 20 mil or more per quarter I think the shorts are sunk.

I agree Pete but they need to generate much more on the GW side versus the OVRL storage side if they want to see valuations in the range of 5-8 times sales like other players in this space. They need to get the software/GW side moving fast and as close to a 20-30 million run rate ASAP to get to the valuation up which I believe they can do over the next 3 quarters!

Yep. No one is happy about this unless their short. They need to turn it around quick. What they really need to do is a test trial solar window in a major building in Chicago or New York and see how it goes. If it goes well then you have proven your concept and are off to the races. Although Pythoragas Solar tried this in Chicago with a major skyscraper and it did not go well. I think they want to be absolutely sure it will work before they try their first major building.

I think you may be giving Mr. Smith fare to much credit as far as being a major executive of a company. If you go to Orchard Parc's website you will notice that they don't list or mention their executive management team or anyone for that matter. There is also a link on Google that talks about Mr. Smith being a founder of Orchard Parc. So how much credibility and how many employee's does Orchard Parc really have? Just because his title is VP of Business Development does not mean that he is not the sole owner or one of very few partners in this particular company. Has anyone been to their headquarters to check them out and vet the situation as their website is suspect at best. Credibility is important in this game as everyone has an opinion.

Another important issue once they commercialize the product is coming out with SolarWindow Flex or something similar that will address the current commercial building/ skyscraper market and the residential market. The biggest markets in the world for skyscrapers are Hong Kong and Dubai while in the US its New York and Chicago. Most of these building owners are not going to replace their hundreds of windows and in some cases thousands of windows just to put a SolarWindow in their buildings as the cost to do this is much to expensive, This is the largest piece of the market so NENE really needs to figure this part out if they want to generate significant sales. Going after new construction and replacement windows is better than nothing but the real opportunity is retrofitting the existing market. Once again, if you look at Solar City SCTY today with just over $220 million in sales and a net loss of over $47 million per year. You will see that they at around a 6.9 Billion market cap which means that they are over 30 times sales with no proprietary patented product such as NENE should have soon. If NENE can just commercialize the stock should go up to a $300 million market cap with 0 sales fairly quickly. If they can find a way generate sales their is no reason that they won't trade for 30 to 40 times sales which is similar to what SCTY is trading at today. This means that at 50 mil in sales the company should be worth a minimum of 1.5 to 2 billion which at todays shares count of approximately 26.5 million after the latest dilution would put the stock at somewhere between $55 and $75 assuming no further dilution which will probably take place in some form with all the outstanding options on the table. Even with another 10 million in dilution we would still make out at over $40 a share with a 1.5 billion market cap. The most likely scenario and best scenario in my opinion would be that a major player in solar or the energy sector purchases NENE for a significant price increase. This would assure that this technology gets out to the US and world much faster and provide significant shareholder value quickly. We then take our profits and move on to other investments. I know there are some big IF's here as their always is with any investment but all of this is not only probable but possible IMO.

There are two schools of thought here. There are individuals who think that NENE is not as transparent as they should be with their various models such as the latest press release that reads 10 times more powerful and in some cases 50 times more powerful than rooftop solar panels, There are also the Longs like myself that believe that they really have something here and the most recent press releases from March, May and June are a huge step forward and something we have never seen from NENE in the past. There are no guarantees here and everyone has their own opinion. My opinion is that they are within 6 months or less away from commercialization and a hopeful licensing deal with a major glass manufacturer. They keep saying its a near term goal which to me means within a year or less. It sure would be nice to see them test the actual product on new construction or a skyscraper that is having their windows replaced. My guess is that they will need to try this out in a place like Chicago, New York or Miami before they see any major traction in the marketplace. The only other player that is even close or has a similar product is out of England and they are called Oxford. I think this is going to go and they have the technology and people to implement it. Even though the only have 3 full time employees, They still have NREL to add credibility and validate everything that their doing.

I think we can all live with 1.2 million It was another 11 million that I was originally concerned with right out of the shoot. You have answered all my questions and I appreciate it.

Viking and Pete, I could really use your help on this one? Is it for sure 33 million shares outstanding at the closing of the merger or could it be 44 million like investor830 is claiming? Another 11 million shares is a huge difference and I need to know the facts before I jump in head first again?

That is a great way to put it. You sold me with your two posts as you had some very good points. Scott mentioned that cloud companies like this can have a market cap of 7 times their sales which means they only need to hit around $470 million in revenue to make it worth 3.3 billion or $100 per share. Is this accurate in your opinion?

That is a good choice. However; a good friend of mine is on the Microsoft acquisitions team and he told me that Google is the most aggressive in the software space as far as acquisitions go and he doesn't see them slowing down any time soon. It would be great to have a bidding war between these two.

Thanks. So that means that the market cap would be around $216 million if the stock price was for example at $6.55 after the merger like it is today. When today with 23 million it's $154 million market cap. Will this be considered a stock dilution if their adding approximately $9.5 million new shares? I'm long with an average price of $8.15 and I'm just trying to see if I should wait until the merger to buy more or buy at these levels? Thanks.

Can someone please clarify how many outstanding shares of ANY there will be once the merger with OVRL takes place? Will it be the same that it is now or will the outstanding shares increase for ANY. Thanks.

Good points Truth4Once but what if they really are going to launch this thing commercially over the next 6 months. What if after all this time and effort they have finally come up with a solution that will reduce energy cost substantially and help the environment at the same time. What if Bill Mathews of The Cheap Investor is right this time. If this is the case, I would think this stock would jump up to $5 very quickly on speculation and hope for the future alone. If they can actually sign a licensing agreement with a glass manufacturer and generate some revenue I do not see $15 within the next 12 months being out of the question. It's a big if but I think there is a better than 50% chance they will launch a commercial product within the next 6 months. We'll see.

Where is everyone especially if you're a long. The 3 week drought looks like it has ended for NENE and we got a nice bump today. Was as high as 1.50 at one point. Could be the start of a nice run up but we will see. Scratching my head why nobody else has said a word on his board today.

Maybe but there's really only one group in England (Oxford) that has a chance to beat them to market and I think there is room in this huge market for both players. It also appears that NENE has a more efficient and powerful technology than Oxford. The other group out of Norway has appeared to stall and there is really no one else that is close.

I wish you had not done that as you seem like a smart investor. I have read your post and they are solid. I really think this thing is going to fly even though it's in the tank right now. You may want to at least pick up some if you can get it below the price you sold at?

There is no clear reason why the stock has dropped this much this week and it should be able to go up very quickly once a new update on potential commercialization is made. I also think a major news letter is about to pick this stock within the next 3 weeks which could easily take this up to 3.00 very quickly. And no I'm not referring to Bill Mathews The Cheap Investor even though I do subscribe to his premium newsletter and for the most part he is very good at stock picking. If you look at the SEC filings you will notice that John Conklin their CEO and all the other Directors have their most recent stock options strike price at 2.90 that were issued back in January 2014. John Conklin was issued 700,000 options at this price to be vested 50,000 shares s every 6 months for the first 300,000 and then he must hit $ 1 million in commercial sales to get the other 400,000. The management team has a vested interest to get things rolling at take this stock back up closer to $3 again. In the meantime this is very painful for us longs. Hold on as their are green pastures ahead for us. There really has not been any negative news since the last press release. Longs need to weather this storm and know things will get better over the next 30 days. Not sure what stock holder is selling there shares but someone has decided to bale on NENE as of this week.