NovAccess Global Inc (XSNX)

[mike306oh]

Call me a basher. However, before you jump into something (I bet) most of you don't understand, you should at least educate yourselves about solar cells in general, and a-Si solar cells in particular:

http://www.solarbuzz.com/Technologies.htm

This will be my last post here. I'm NOT interested in this scam, and I wasn't posting here in a hope that the PPS will drop. In fact, as a former accademic (and for some heavily involved in solar PV R&D), most than anything within these boards, I despise those people that pump when they want out, and bash when they want in.

One think you all should know. Starting some 6 months ago (until I cancelled it), I was receiving a newsletter (probably some of you received it as well) by a certain Jeff "whatever" guru, pumping this crap as it was no tomorrow. This individual, that I can assure you knows nothing about the Energy as a general concept, much less PV cells is obviously misleading the readers in a way that made me mad. One single example: he's implying that the global solar PV market (he was refering to the old $7.2B figure for 2004 - he probably never learned about the 2005 market value that various sources put to $11.2B to $12.1B) as it was the market value in which the pseudo-product of this XX company operates. Just see in the site abobe the market value of all thin film solar cells. It's 7% including: a-Si, CdTe, CuInSe, etc thin film solar cells, plus all III-V's (GaAs, InP, etc) used for space applications. Whomever gets Jeff's newsletter, just check out the claim he makes vs the market value of this non-existent business. Plus he claims the idea of mounting the a-Si cells between two glass or plastic plates belongs to XSNX. Far from the truth. The idea is over 20 years old, as at least the company recognizes.

The CEO (the only employ of this pseudo-company, that never reported any revenue), has NO knowledge whatsoever of anything that is energy related. Check out his resume. The company has NO intelectual property of it's own, and is leasing some IP. Did any of you check the value of that IP?

Going into producing solar cells it's not an easy task. It's relatively easier for standard solar cells, and more difficult for thin film cells:

1. "A rule of thumb guide to the capital investment in building a solar cell plant is US$1M/MW for crystalline silicon and US$2M/MW or more for thin films."

2. "Thin film plants with the most well-developed technology will take slightly longer to get to volume production: possibly up to 12 months more to become fully operational and maybe several years more to run at full capacity. Critical factors are the delivery times on custom equipment for thin film deposition and processing, and the time to get manufacturing-related technology issues resolved before the process can be fully operational. Production may also be constrained by slower market up-take of the new technology-based product. Cell plants often have parallel lines of operation, each line can be brought on-stream in sequence. They do not operate to the strict cleanliness requirements of the microelectronics industry, but they come close to it."

http://www.solarbuzz.com/Plants.htm

I can go on, and on, and on. I stop here though. Who's smart enough we'll do his/her own DD, or ask someone that works in this field for advice.

Hope I didn't offend anyone, but saved some naives that w/o enough insight into this field believe all the crap these con artists (that give a bad name to other legit renewable energy companies) feed them. Solar power business (as well as other renewable) is exploding before our own eyes, but you folks have to find the legit companies.

Enough said. Good luck folks,

Mike