Natcore Technology Inc (NTCXF)

[donfig47]

Article on Tuesday, December 04, 2012 states first quarter of 2013 see link below.
Natcore expects that the new AR-Box will be completed in the first quarter of 2013. Pending a successful testing outcome, Natcore then hopes to sell the machine to its first customer. Natcore remains in close contact with potential customers as it refines the capabilities of its recently developed black silicon solar cells.
http://www.theglobeandmail.com/globe-investor/news-sources/?date=20121204&archive=cnw&slug=C5930

President’s Message (states first half of 2013)
http://www.natcoresolar.com/index.php?option=com_content&view=article&id=53&Itemid=89&pid=55
We are moving some of our work out from under the laboratory hood.
We have just turned a major corner in our march toward revenue: We have produced a complete black silicon solar cell at our own lab.
So we’re moving our black silicon technology into the design, testing and modification stages in a manufacturing environment.
Until now, we have outsourced some of the work on our black silicon cell, but our recent capital injection has enabled us to obtain the equipment and the people to complete all of the requisite functions internally. So we will now accelerate our pace with National Renewable Energy Lab (NREL) to maximize the efficiency and power output of this unique solar cell.
That’s not the only technology on which we are moving forward. For the first half of 2013, our “to do” list includes these goals:
• Hire additional scientists and technicians.
• Produce a solar panel from black silicon cells made in our own lab.
• Complete a second-generation AR-Box™. This solar cell processing station will be designed to produce black silicon solar cell wafers in a pilot line role in existing solar cell manufacturing facilities. Pending a successful testing outcome, we then hope to sell the machine to a Chinese cell manufacturer who has been sending us their cells to coat, test and optimize. As soon as we can put AR-Box into manufacturers’ hands we can turn on the faucets of chemical sales and royalty revenues, which will be our primary sources of income.
We have moved black silicon higher on our work schedule because we see it as our most immediate source of revenue. But we certainly haven’t forgotten our other technologies.