Natcore Technology Inc (NTCXF)

[JB3729]

Update from my communications with Tom Scarpa last week.

Chuck Provini, Dr. Barron, and either Dr. Flood or Brien Lunden, are traveling to Italy within the next 2 weeks to meet with MX Solar. Tom Scarpa said Natcore is very confident of a sale of an AR-Box to them.

Phono Solar's CEO and CTO arrive in the states on 9/25. They will be visiting Rice U. and Natcore's lab in Rochester. Tom said that Natcore is adding black silicon etching equipment to their lab AR-Box before that date. Tom also said that Natcore plans to have AR-coated, passivated black silicon wafer samples completed before the Chinese arrive. Natcore may have an advancement in the tandem cell technology to show to the Chinese when they visit Rice U.

Tom said that Natcore has received a great deal of interest regarding the AR-Box. He said the important thing now is to get the wafer samples out to the pv fabricators and get an AR-Box production line up and running.

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The last five months of share price action has been disappointing for us longs. Let's have a little fun with an end of the year share price contest. Post Natcore's Friday, 12/30 closing price by the end of the trading day this coming Friday, 9/2, if you want to participate. All entries must be at least 5 cents away from previous entries. The winner will have won bragging rights.

I'll start things off with a prediction of $1.12. Yes, I'm optimistic that we'll see many good things happen by the end of the year.

Good Luck,

JB