InvestorsHub Logo

D theG

02/20/17 11:20 AM

#6681 RE: qka968 #6680

qka, believe me the management team for the company is VERY tight with their finances, this was probably their best option. There actually is quite a bit of hourly law firm work that goes into a PP, and they have done several

TRUISM

02/20/17 11:36 AM

#6682 RE: qka968 #6680

Let's follow the "breadcrumbs" here:

Natcore Technology announces private placement-12/2/2016

* Natcore Technology closes first tranche of private placement-12/5/2016

* Natcore Technology closes second tranche of private placement-12/19/2016

* Natcore Technology closes final tranche of private placement-1/24/2017

Natcore Technology announces private placement-2/3/2017

* Natcore Technology closes private placement-2/17/2017

It APPEARS that they are burning through money quite rapidly....

Let's not forget:

Natcore Technology grants options-12/9/2016

Natcore Technology grants options-12/30/2016

Management appears to talk up the company with confidence but in reality needs to be a bit more forthcoming to be believed.

In the event the Vietnam deal goes through, it won't be until late this year or 2018 to be finalized.

Here's to hoping they can prove me wrong.

Why not get a financing deal with a reputable enough company, instead of 'here a tranche, there a tranche, everywhere a tranche,tranche?

I'd like to hear more news on manufacturing the cells to send to the independent labs for testing.




Blessings to All

TRUTH