Natcore Technology Inc (NTCXF)

[kungfu1]

Very interesting and a little disturbing. While it says it isn't in anticipation of any takeover or hostile bid the timing is strange. The company has, thus far, resisted all efforts to buy into a controlling stake through JV's etc. so any suggestion that they would consider being bought out is troubling. Either someone has floated a very generous scenario which is 4-5 times (or perhaps more) the current SP or the company has realized they will never be able to successfully market black silicon and want out asap. Personally I doubt any offer could be more than $3-$4 a share as the company has no track record, no clients and no sales. $3 a share is a lot if the company thinks they should cut and run (and if the technology doesn't work why would anyone want the company or pay remotely close to a multiple of the current SP) but chicken feed if they are close to a major breakthrough and becoming the next First Solar. All very puzzling. Hopefully some kind of PR or letter from the President will be forthcoming(and pronto) so we can all sleep a little easier at night.