Natcore Technology Inc (NTCXF)

[teq0904]

From the last nr "Additionally, Natcore and MX Holding intend to participate, together with third-party investors, in the ownership of a solar cell manufacturing facility that will produce and sell high-efficiency solar cells based on the technologies developed by the R&D joint venture."

I never knew much about solar and still don't so am confused by comments that the MX deal gets us past the Valley of Death. Isn't the above production based on success with the above r&d? Or is the production going to happen anyway using NXT's existing technologies even if the MX research does not work out?