this magic cell has been in manufacturing/proto stage since 2011, so don't count too much for the cell. Invest for the business, solar is booming.. I'm not surprised if PPS is $20 after 3-5 years.
The company hadn't started it was in the manufacturing stage. What they had most recently started is that they are working to find a partner who may be able to combine several steps of the process (including manufacturing) to bring the product to market. JN had also stated that the company is finding it more challenging than anticipated.
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