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Bullboard - Stock Discussion Forum Natcore Technology Inc NTCXF

Natcore Technology Inc is a Canada based company. It is a research and development company providing solar cells with improved efficiency and reduced cost. It is focused on using its proprietary nanotechnology discoveries to enable a variety of applications including laser processing, tandem quantum-dot solar cells and its Natcore Foil Cell structure, the development of which eliminates the... see more

GREY:NTCXF - Post Discussion

Natcore Technology Inc > Good deal?
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Post by Rockysweden on Jan 22, 2020 11:21am

Good deal?

Hard to interpret the press release since there is so little information about valuation and revenue of the different companies involved in the merger. However, if SIP bring approximately 50 million in cash to the merger, then it sounds only fair that they get +90% of the shares. Before the halt Natcore was valued at approx 5 M CAD...

So it sounds to me like a good deal for Natcore! It sounds like Natcore get the other companies and technology for "free" since SIP add cash to the merger.

Tried to find information of the different companies but it is hard since there is very limited information on the internet. 

Here is some links:
 https://premier.pregnascan.eu/ Probably not included in the merger?
https://www.emed4all.com/ Describes some of the technology
https://careoneglobal.com/ Homepage coming soon....i hope.

Hope that they include valuation of companies and revenues in the next press release so it is easier to interpret if this is positive for Natcore.They must also become much more visible on the internet!

But so far it sounds good to me. Thoughts?
Comment by kiet2005 on Jan 22, 2020 3:31pm
Up  344% in US market, some vital sight finally ... NTCXF:(OTC Pink - No Information) Natcore Technology Inc $0.024 USD Jan 22, 2020 1:02PM ET 0.0186 344.44% - - - - 67.0K $0.0247 $0.00525 $0.0055 $0.115 $0.0021
Comment by eunice12 on Jan 29, 2020 1:35pm
They might issue 1B shares to SIP after nxt goes 10 for 1 reverse split, because no one is going to just give away cash and their medical technology. "It sounds like Natcore get the other companies and technology for "free" since SIP add cash to the merger."
Comment by Rockysweden on Jan 29, 2020 2:45pm
I read it like this: If Natcore was valued at approx 5 million CAD before the halt and if SIP after the merger will own over 90 % of shares, the new company will have a market cap of approx 50 million CAD or something similar to that.  In this new company (with a market cap of approx 50 million CAD), they will have 50 million in cash (from SIP) and also several assets and patents. Hopefully, ...more  
Comment by Brodey79 on Jan 29, 2020 10:06pm
 My take is anything is positive. It didn't seem like anyone else was banging on the door to keep Natcore alive. I invested a lot of money into Natcore and for over a year was thinking it was probably all lost. It would be sweet to see their foil cell go into manufacture. I would hope they have plans for that. Atleast they will have options with a decent piggy bank getting out of the gate ...more