OCTL - Octillion - Penny Stock--Solar Powered Windows

[CactusPowered]

I just heard about OCTL after reading what they've done, I thought it looked like an actual investment (vs a good trade compared to other most penny stocks, excluding TDCP ). I'm only in for about $500 worth, but thought it might be a good gainer. It's up about 100% in the last month, and currently sits around $2.15/share.

The company has developed a way to create a silicon nanoparticle "film" to go over windows which allows them to generate electricity. With all of the global warming news and the price of oil skyrocketing, using something so plentiful as the sun seems like a no-brainer. Hopefully other investors do as well

Here is their news release from Jun 4:

News Release
Octillion Achieves Breakthrough in Development of Transparent Windows Capable of Generating Electricity

Vancouver, BC – June 4, 2007 – Octillion Corp. (Pink Sheets: OCTL) today announced that in early models of Octillion’s transparent photovoltaic ‘NanoPower Windows’, scientists have successfully engineered and assembled a mechanically stable, see-through developmental prototype, which achieves optically active down-conversion and displays good electrical properties with no electrical shorts.

“Our ability to produce a developmental prototype which remains see-through while displaying favorable electrical properties, marks a significant breakthrough in development of a working prototype of our ‘NanoPower Windows’, capable of generating electricity from sunlight without losing significant transparency,” explained Mr. Harmel S. Rayat , President and CEO of Octillion Corp.

In developing an early model of the world’s first transparent photovoltaic windows of its kind, Octillion researchers have successfully ‘stacked’ silicon nanoparticles between ultra-thin films of metal, onto a glass substrate. Preliminary tests have shown that this stack is mechanically stable and of even thickness. Tests for optical characterization have demonstrated that the model is a high-quality see-through architecture, important to maintaining maximum transparency of the finished commercial product.

Key to the development of Octillion’s transparent NanoPower Windows is a proprietary spray coating of a silicon nanoparticle film, which is fluorescent and able to convert the sun’s energy into electricity. The process of producing these silicon nanoparticles is supported by 10 issued US patents, 7 pending US patents, 2 issued foreign counterpart patents and 19 pending foreign counterpart patents. The proprietary process for spraying the particles onto glass surfaces is unique to Octillion, and is among the Company’s major research achievements.

In tests of the developmental prototype window, Octillion’s silicon nanoparticle film was able to successfully convert high energy photons into lower energy photons, thus optimizing electrical conversion by preventing high energy photons from being unnecessarily wasted through conversion into heat.

Above all, electrical characterization of the developmental prototype gave good electrical properties, with no shorts.

“These exciting new findings mark a significant breakthrough in our science, which in recent months, has developed strong momentum based on a series of solid research findings. These successful outcomes have collectively propelled our early research program aggressively towards the product development path,” concluded Mr. Rayat.

(Click here to review news regarding Octillion’s achievement of major milestones:
Octillion Corp. (SymbolCTL) )

About Octillion Corp.

Octillion Corp., together with its wholly owned subsidiaries, is a technology incubator focused on the identification, acquisition, development and eventual commercialization of emerging technologies.

Through established relationships with universities, research institutions, teaching hospitals and government agencies, we strive to identify technologies and business opportunities on the leading edge of innovation that have the potential of serving significant and unmet market needs.

Once a technology has been identified, we fund the research and development activities relating to the technology with the intention of ultimately, if warranted, licensing, commercializing and marketing the subject technology, either through internal resources, collaborative agreements or otherwise.

Unique to our business model is the use of established research infrastructure owned by the various institutions we deal with, saving us significant capital which would otherwise be required for such things as land and building acquisition, equipment and furniture purchases, and other incidental start up costs. As a result, we are able to benefit from leading edge research for significantly less than conventional organizations.

Among our current research and development activities are the development of 1) a patent-pending technology that could adapt existing home and office glass windows into ones capable of generating electricity from solar energy without losing significant transparency or requiring major changes in manufacturing infrastructure, and 2) technologies and products for peripheral and optic nerve damage and nerve regeneration.

For additional information, please visit: Octillion Corp. (SymbolCTL)
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