Monday, April 22, 2019 9:04:07 AM
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."
Win a few. Lose a few.
Only the long term counts.
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