InvestorsHub Logo

couldbebetter

02/10/17 7:48 AM

#6639 RE: rittyrig #6637

Thanks, If anyone knows different,please post. Given the market cap if all shares were outstanding, at $.20 would only be around $18 million. That is an amazingly low valuation given the technology Natcore has developed. Until Natcore has some investor(s) willing to sop up the sell-offs at such low price levels it will be like a car stuc in sand just spinning its wheels. In theory, someone could buy 50% of the company for $9 million. What would happen if an investor went to management and asked: Would you prefer I pick up 1/2 of your stock on the open market at under .20 or would you rather give me enough stock to own 50% for my $9 million? ( That would mean, give me 91 millin shares at .10 per share. Either way the invetor gets 50% of the company. That is the problem with these public placements at lower and lower prices. The money for Natcore to stay alive is not very much, but the dilutive effects on past shareholders is devastating. The ideal solution is to have a large enough private placement investor on board who would support the stock price by buying stock on the open market once the private placements are done. (At least at lwer and lower prices.) Anyway, just thinking out loud here. Bottom line here is that Natcore needs the support of a major, large, investor.