Natcore Technology Inc (NTCXF)

[JB3729]

domasselin, I agree that dilution at this time makes little sense. The PR stated that vendors have been lined up, but didn't give any indication of what the vendors are going to provide. Natcore may only provide design and marketing while the vendors do the actual production. Who knows?

I also think the NanoShade start up is very bullish. I especially liked this part, "We've been approached by various companies to do this, since they want to be at the front of the line when our super-efficent technology is developed." Provini using when, not if, is very bullish for NanoShade and Natcore China.

In Natcore's latest financial statements for the period ending June 30, 2010, cash was listed at $1,042,030.

4,034,903 warrants expire on 5-8-2011.
2,903,572 warrants expire on 8-31-2011.

The excercise price on these warrants is 75 cents. If all warrants are excercised, Natcore will receive $3,026,177 next May and $2,177,679 next August.

With this warrant money coming in, cash may not be a problem any time soon.

Natcore's financials can be viewed on SEDAR. The link to SEDAR is in this boards in-box.

JB