Natcore Technology Inc (NTCXF)

[JB3729]

Yeah futr, it's sad.

How far does this Waxman guy have his head up his butt? Doesn't he know that the leadership position is long gone?

Representative Henry Waxman of the House Committee on Energy and Commerce said the bankruptcies "are unfortunate warnings that the United States is in danger of losing its leadership position in the clean energy economy of the future ... We should be doing everything possible to ensure the United States does not cede the renewable energy market to China and other countries."

It's not surprising that the government fritters away our money on environmentally damaging technology that can't compete. Fortunately, Natcore is smart enough to realize that they don't have to re-invent the wheel in order to change the world for the better.

What is surprising is that Solyndra garnered $1 billion in venture capital and had to withdraw plans for a public offering. Then went bust.

Solyndra also received some $1 billion in venture capital funds from investors including CMEA Ventures, Argonaut Ventures, Madrone Partners, Redpoint Ventures, funds affiliated with RockPort Capital Partners, and U.S. Venture Partners.

Thanks for posting this article doug. I plan to contact all of these VC firms extolling Natcore's promising technology. Obviously, they have an interest in solar and like to get in early. I realize that VC firms specialize in taking companies public. However, I plan to emphasize that Natcore shares can be bought in the open market at bargain basement prices and that their technology is ready to start coming on line.

First, I'll contact Natcore to find out if any of these firms has shown any interest.

Maybe I can generate some interest in our unknown little gem!

JB