Rayton Solar + Bill Nye = Questionable Solar Technology?

Bill Nye is plugging Rayton Solar, a startup that claims to be able to reduce the manufacturing cost of solar power modules by 60%.
Is it real?
They have already raised $3.5M in equity crowd funding.
UPDATE: A critical look at the investment proposal:
https://rationalexuberancesite.wordpress.com/2017/05/14/rayton-solar-a-story-about-bill-nye-particle-accelerators-and-greed/
The already raised $2.8M in another crowd equity raising:
https://www.fundable.com/rayton-solar-inc
Where did that money go?

Forum: http://www.eevblog.com/forum/crowd-funded-projects/rayton-solar-scam-3-1m-raised-and-climbing!-60-cheaper-25-more-efficient/