Coretec Group Inc (CRTG)

[BoomSoon]

Signed, sealed and delivered?

Date of Report (Date of earliest event reported): March 22, 2016 (8-K)

7. Conversion or Redemption. The shares of Series B Preferred shall be subject to the following discretionary and mandatory conversion and redemption provisions:

b. Mandatory Conversion Event.

(iii) “Share Exchange or Merger Transaction” means any transaction for which the Company enters into a share exchange agreement or agreement and plan of merger, which agreement is executed within ninety (90) days after the date hereof and pursuant to which the Company thereafter becomes a consolidated company with another entity, and the Company issues equity securities of the Company, even if such issuance would be deemed a Change of Control.

What say you, Doug?