Replies to post #4180 on Natcore Technology Inc (NTCXF)

[Walkerville]

Nuketheshorts, I agree. The wait won't be much longer for Part 1 of commercialization. Two years or less from now, when Part II (quantum dot tandem cell) has been unveiled for market consumption, Natcore will have become a household word and everyone will wonder why they ever bothered posting about the daily ups and downs on the TSX Venture or the OTC board.

Selling is happening now because the pp is at 50 cents per common share (with 80 units of 50,000 up for grabs), with warrants to buy 50,000 more per unit at 62 cents for three years. A great bargain if you have $25,000 or more to spare to get in on the deal.

Once the financing closes, the waiting and ups and downs will continue until year-end, when the first commercial products are to be ready for market. So not much to do but wait until then.

[kungfu1]

As a shareholder with over 6 figures invested in this company i have the right to be critical of management for constantly promising, yes promising, to deliver a product to market for the last two years with absolutely no such product in or near commercialization. If anything was close to being commercialized we would have proof such as an actual signed lease for space to process the chemicals, news of mass hirings to work in that space, a press release and demonstration of the process and a panel, heck even news that they started construction on the AR box that is supposed to be in a line would be real progress. Nope, no such thing, nada, zilch, zero news.

Frankly they have acknowledged, by the pp, that they won't get a partner on board anytime soon, and need to get a >18% efficient bsi panel demonstrated to the market before they will see any money. The pp is for building the AR box and to hire more scientists to help with the remaining issues that this super brain trust hasn't been able to figure out in two years; although Provimi says it isn't that big a deal.

I always thought that 2014 would be a great year for the company but given the time needed to get working on a commercialized panel when they haven't even started to work on the second AR box suggests we are still 16-24 months away from any profitability....which in case you have all forgotten is why we invested in Natcore in the first place. Oh and that's if they actually intend to produce a panel instead of moving on to a tandem cell and then who knows how long the wait will be in that case.

Yes I'm upset and rightly so and if I wanted a huge capital loss would sell my stock but that's not an option now so I continue to hold my nose and hope that I am very wrong about the timelines.