Natcore Technology Inc NTCXF

RE:RE:Small Private Placement Filed on Sedar by Natcore Tech.

[illumination1]

yes, it appears to be so, however, there were those who believe that it is possible that raises are being done to win favors of those who want in and will back the company. Kind of really hard to tell given that the company obviously also needs monies to keep operations going. I honestly wouldn't know what is the better way of doing it, to raise more all at once and have correspondingly a higher at once dilution or go as the company is going doing about 1,000,000 share offerings each month albeit as you have correctly stated with ongoing lower values which would then inevitably mean more shares will have to be issued to get about the $150k that the company is trying to raise. The bottom line is that management really needs to step on it and get the first contract as well as keep getting them and even so when you look at it being 2.5 million that isn't going to mean that these types of pp will not happen as 2.5 million in truth isn't all that much when you look over the course of a year. At this point, doing what the company is doing is a gamble with the hopes that they will need to rely less on these pp's. One poster actually even mentioned as you have stated that the company should get more monies to help with the operations and the response he was given is that the company isn't looking to raise its outlook and share value by diluting like that as they are concerned with building a business. So if that is the response we are getting I actually lean towards believing that there are people getting cheap shares who I would believe the company is banking on to be on its side and be worth their weight in gold. I can't prove it but to me these smaller raises don't otherwise make any sense because you have ultimately a time vs money situation here. Management has always been stingy in raises, however, was that the best way of doing things when you see the amount of time that has passed by? It was the same thing in regards to the needed equipment and I questioned it back then. If you don't have all the needed equipment to carry on with the lab work than you are just getting by by saving costs but sacrificing time when you can have the equipment to forge ahead faster. In any case, management continues to make their decisions for their reasons, some of which I question to this day. These monthly raises, I will be honest, I'm on the fence about as if on the longer term there is overall less dilution and better results this was a good choice but if on the other hand we are going to only keep diluting and that too with more shares issued then not so good of a choice. Nevertheless, I guess one needs to make a decision stick to it and more or less bare the outcome just as those like myself who keep holding here believing that we will be rewarded, this is as has been to date a razor's edge and one in which either it will be as we desired or not. Regardless, I still strongly believe a commercial contract is guaranteed. Absolutely on razor's edge here--contract comes and less dilution we are golden but if not well we are as you have said being killed by a thousand ongoing cuts bleeding little by little at this price range.