Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Wow! Coretec is making leaps and bounds! I can't hardly wait to see the share price after partnership announcement! Looks like investors are definitely buying Coretec stock. Theres a possibility that Coretec stock can make it to dollar land.....
TWA,
3Dicon received a patent for c-space in record time. I spoke with Mr. Keating, when I first bought the penny stock. He was very excited about the patent. I don't know if Coretec will have the same luck. Wouldn't the loan company ask about patents? Ask about NDSU patents? Especially since Calton is on the board. We can only wait for a update. But it would be a wonderful Christmas present, if the announcement of the chemical company supplier were to happen this year!......
Walrus & TWA,
Coretec will not inform investors about the business plan until after the partnership announcement. By then the share price will have jumped up significantly. CEO could've cleared up about the patent issue! ......
It's been a very long time since I've seen 6 digit volume for Coretec.....
Walrus & TWA,
I sent an email with a list of questions for the CEO. Of course, no response from investors relations. So, I am calling Coretec today leaving a message with those questions. The CEO needs to address concerns of investors. I'm excited about the share price & recent events. But the patent question & others need to be answered by the CEO.....
Walrus
Even if the quantum battery is developed, it will be extremely expensive to the public. So I believe lithium batteries will be in demand by the public sector regardless of the quantum battery . But Coretec needs to get the ball rolling on patents & development of CHS. Another year has passed with no product & revenue......
TWA & Walrus,
I'll be leaving phone messages to Coretec tomorrow. Asking for the CEO to address investors regarding the patent for CHS. I feel that the CEO needs to clear up this matter to investors. Questions need to be answered regarding NDSU'S severed ties & patents of CHS. I really do want to see CHS successfully marketed in the various sectors. However, I'm concerned about the lack of a patent for CHS currently. I question how different is Coretec's CHS formula than NDSU's CHS formula ? Will patent office approve Coretec's version of CHS? I feel that the CEO can answer these questions without revealing information regarding the partnership of the chemical company supplier........
Walrus,
That's great news! But when will Coretec reveal the complete business plan? Who's this major chemical company? What are the Test results of the new CHS ? Stating that the new CHS will increase lithium battery life by 5 times is wonderful. But i would like to see the test results data. How much longer are talks going on with the chemical company ? They have been talking for 8 Months! I would like to see more data before buying more shares. I would also like to see more in the share price too.....
Walrus & TWA,
Last 10Q revealed no expense for any laboratory. My question is also who created & tested the new CHS? Has a patent been filed? I sincerely hope that this new CHS is the real deal. We just don't know the entire story. Who's the supplier? Has the CHS successfully been scaled ? Is the scaled CHS of high quality? How many customers will be testing the CHS? How long will customers be testing the CHS batches? I guess time will tell hopefully this year. Share price is still volatile.....
Walrus,
So Coretec has currently an unproven silicon formula with hopefully patent application. There's still a lot of risk with this formula. I hope that Coretec at least tested this formula out. I would think that the mutual fund company demanded a private testing through a chemical lab. I hope that the chemical company supplier is announced soon. It's disappointing to see the share price drop from .12cents down back .03cents! I'm seriously considering selling with that announcement. There's still too many questions unanswered by the CEO. I would like to know the details of the business plan. The CEO needs to address concerns of investors. There will be no excuse once the partnership is announced to the public.
Walrus,
Even if Coretec developers a different way of processing CHS, They would have to change the formula in order to receive a patent. Yet the CEO still calls it cyclohexsane silicon. The CEO needs to address this right now! Don't keep investors in the dark! This is a major concern......
TWA,
I hear what you are saying regarding patents. I still see this stock as very risky. CEO should have communicated more with investors. There are still too many questions unanswered by the CEO. Right now I'm waiting to see if the share price jumps with the partnership announcement. Once that happens, I may sell my shares. I'm assuming that the Cayman islands company asked about the patents for CHS. I'm also assuming that Coretec tested out their version of CHS. Wouldn't the loan company demand a testing of the CHS? 2.5 million dollars is a lot of money to give for an untested product. The CEO ran into problems with NDSU's CHS. So what makes Coretec's CHS better than NDSU's CHS? I'm hoping that these questions will be answered with the partnership announcement. I haven't found any patents for Coretec's CHS. I guess investors will find out in the next update.....
TWA & Clonefan,
My goal is to get back my investment money. Then sell my shares. I'll never buy another penny stock. But I do wonder who's the supplier for the CHS silicone.......
Walrus & TWA,
I truly hope that Coretec & this chemical company have privately tried to process a batch of the CHS. At least to see if the silicon formula works & is of high quality. I would have asked for that before loaning 2.5 million dollars. Along with the number of customers who are committed to testing the silicon. But I would like the CEO to address investors in regard to the patents. I guess we'll learn more with the next update......
One Love,
You don't get $2.5 million dollar loan for a scam!
Walrus,
What happened to the share price? ....
Walrus,
Have you seen any patent applications by Coretec? Shouldn't Coretec wait until patent approval of CHS? I know that patents can take lengthy time to attain approval of a product. I wonder how long it'll be for the announcement of the partnership with the chemical company? That should also bump up the share price. I'm glad to see that Coretec is making progress. It would have been nice for the CEO to address investors. But i guess that he couldn't give out anymore information for now. I'll feel more at ease once high quality CHS test batches are processed & shipped out to the customers. Along with patent approval. Only time will tell the story for investors....
Walrus,
Thanks for the information. I'm still concerned about the patents for CHS with NDSU. The CEO needs to address concerns of investors. I wish that Coretec & NDSU would negotiate on the patents. Therefore there would be no question about the patents. I maybe a fool but I bought more shares today. I wonder who's the supplier for the CHS? Coretec is near the $1 Mark. It's looking good. I hope that it continues......
Walrus,
Will this loan cause dilution? How will Coretec pay off Golden Gate?
The CEO should have communicated this news to investors. The company still has a problem with their investor relations . However, I'm relieved that the company has funding! Yet, Coretec still has a long road to travel.....
Walrus,
A few thousand here & there will not cut it for Coretec. It's going to take mega dollars in order to process the CHS. Yet there has been no evidence of funding for the long haul. I remember 3Dicon pitching to investors that government funding was a shoe in for c-space. I remember that fiasco clearly. It doesn't take 7 months to be in discussions for a potential partnership. Coretec has the results of the feasibility study. So if there is a chance of a partnership with Coretec, then there should be mega dollars in the kitty. All that I see is a few dollars in Coretec's kitty & a tanked share price! As TWA has said, we're the idiots who bought this penny stock! I've had worlds of patience with this stock in the past 11 years. My patience has runned out with management!......
Walrus,
I hope that you are right. But investors haven't seen any milestones being met by the CEO. Why not inform the investors about these milestones? I don't see the CEO giving investors an update by year end. Reason being that Coretec has no funding for marketing CHS. Why hasnt Victor & his friend loaned money to Coretec? Why hasn't Golden Gate loaned more money to Coretec? It's because Coretec is in so much debt. I remember the CEO telling me that CHS silicone was a golden goose. Well if that's true, then funding shouldn't be a problem.......
TWA,
If there's no chance of Coretec marketing CHS, then why would Coretec give the CEO & CFO 10 million shares? If Coretec goes bankrupt, then those shares would be worthless...right? Too many unanswered questions with management.......
TWA,
This situation can drag on for years! Coretec is no where closer to marketing CHS than a man on the moon! But management is taking care of the CEO & CFO with 10 million shares! If by some miracle the share price should jump to one dollar, They will be set for life!
TWA,
To answer your question, just look no further than the board of directors at Coretec!
TWA,
What bothers me is the fact that the CEO & CFO had time to file this option grant for 1o million shares with the SEC. But they can't give an update to investors! I really don't think that the CEO will update investors this year! For the holidays will be upon us in a blink of an eye.......
Walrus,
It'll be 8 months in October since the last update by the CEO. Why hasn't the CEO updated investors? Last year the CEO blamed NDSU for the hold up. So what's the hold up now? I still say it's funding. The CEO said in the last update, there were 2 possibly 3 options for funding. Additionally, in order to process the CHS, Coretec would need a partnership with a chemical processing manufacturer. There hasnt been any evidence with the SEC regarding a partnership. That tells me that no CHS batches have been processed yet. So that tells me that no CHS batches have been processed yet. So what has the management team done during the last 8 months? It wouldn't surprise me if there are no updates by the CEO this year! One of the CEO's promises was to keep communication with the investors! Look at the early posts by the CEO. This is what so very frustrating to investors. The lack of communication by the CEO! This can drag on for years! I'm looking at a complete loss of my money!.....
Walrus,
So the CEO's current stock option value is $500,000! Wow I would only hope that he had done something great for Coretec! But who knows? Investors haven't been updated since February! I wish that Coretec valued their investors as much as they valued their CEO! ....
Walrus,
This option grant for the CEO, is this to replace his salary? Ten million shares is a lot to give to one CEO or anyone else. Ceo hasn't shown great accomplishments to the investors. So why now exercise this option? Especially since Coretec has no funding or revenue coming in presently. How can the company afford this option? Coretec's share price is pathetic currently. Too many unanswered questions! Like I said before, the CEO needs to address concerns of investors. CEO can take ten million shares, but he can't give an update to investors! This one definitely takes the cake! I really hope that you are right walrus. For I don't like losing money. But right now, I doubt that the CEO has made great accomplishments for Coretec.....
TWA,
You are right. Coretec is just stringing investors along for their benefit. A professional company would have personal who would respond to investors emails & phone calls. I emailed Coretec almost everyday this summer. It wasn't until I threatened to sell my shares that Judy Keating called me. She said that management told her to call me. Judy has her hands full taking care of her disabled husband. Management should have someone else handling investors relations. Like i said before, this isnt a professional company! I really don't see management updating investors this year at all. Reason being no funding. I really don't see Golden Gate loaning more money to Coretec. Especially with present loans due payment. The next 10Q will reveal if there's funding to Coretec. I'm not holding my breath!.......
TWA,
Well I received a email from Coretec! I guess i struck a nerve! The email address was from 3Dicon. So i know that it came from Judy Keating.They said that the SEC prohibits giving information to one investor & not to all! Be assured that any company information will be given to news media & investors. What a crock! My email said that the CEO needs to update investors!! I wasnt looking for inside information!! Unbelievable!!!
TWA, you are right. Coretec doesn't have anything!....
TWA,
If I dont get a response from management, I'll file a complaint with the SEC. Coretec has until September 30th to respond to my emails & phone messages. I don't buy that the CEO has to be silent due to NDA's. Even so, CEO could have posted " company is making progress."
But no word to investors isn't acceptable. That shows a lack of respect to the investors......
Walrus,
I know that you have faith in CORETEC. But the CEO has failed his duty to keep investors informed with company progress. All that he had to do was post updates to investors. I believe that Coretec has been looking for funding for the past year unsuccessfully. It doesn't take a year to be in discussions for a partnership. I believe that this potential partner told Coretec to find funding. This potential company isn't going to partner with a company without money! I sincerely hope that I'm wrong. I really do. I hope that the CEO will take my phone message seriously. If not I'll contact Tulsa World newspaper. I hope that management will call me. Instead of having Judy Keating calling me. She doesn't know whats going on inside Coretec. Heck she doesnt have time to response to emails from Coretec investors. Judy has a full time job taking care of a disabled husband. She told me that she works from home. Its apparent that Coretec isnt a professional company. Prior CEO's of 3Dicon squandered investor money. Otherwise the company wouldn't have been in such debt. I dont blame the CEO for 3Dicon's blunders. But i do hold him accountable for Coretec decisions today.....
TWA,
I called Coretec today. I left 3 messages to the CEO, investors/media relations, & Judy Keating. I basically told them that investors are fed up. That investors haven't received an update since February! Last 10Q revealed no revenue, no progress, no partnership, & no funding! Yet $20,000 was spent on a feasibility study! Investors don't know Coretec's business plan! Just a lot of empty promises! Coretec's share price has dwindled down to nothing! I said that if the investors aren't updated by the end of the month,I will reach out to a local Tulsa newspaper. I'll reveal to them the horrors of owning Coretec penny stock! Enough is enough!
Walrus,
I've waited 11 years for this company to successfully market c-space and now CHS silicone. Nothing has materialized so far. A couple letters from the CEO are meaningless to me. More evidence is needed for me to trust Coretec again. I don't trust Victor at all! He lied to us year after year about c-space. Now that the feasibility study is completed, I'll be making phone calls to Coretec tomorrow. If I dont get a response next week,then I'll be contacting a Tulsa newspaper. Enough is enough!!! CEO was asked numerous times to address concerns of investors. But he chose to ignore us. This company will not get another dime from me!....
Walrus,
What I noticed with the last 10Q was a lack of funds to market CHS. Coretec doesn't have the funds for even a partnership. Coretec's balance sheet doesn't have a large surplus of cash currently. What Coretec has is a large amount of debt! We don't know how much money that Victor & Mr. Carlton are willing to loan Coretec. We don't have details of Coretec's business plan. Only the CEO can reveal that information to investors. Yet he remains silent to investors! This company is barely hanging on by a thread! Even if the feasibility study is positive, there needs to be a large sum of cash to market CHS. The fact remains that the CEO needs to address investors......
Walrus,
I'm sorry but I've lost faith in CORETEC! CEO had many chances to address concerns of investors. CEO hasn't revealed a business plan. There's no evidence of a business plan. The feasibility study hasn't been revealed to investors either. There were no responses to numerous emails on the Coretec website. I only received 1 phone call after numerous phone messages to Coretec! Even then I was brushed off by management! I have 5 siblings who have lost money in this worthless stock! I'm at the point of contacting Tulsa newspaper about the horrors of owning this stock! In fact ill even say that in my next phone messages to management! What really bothers me is the stifling arrogance of the CEO toward investors! As if it's beneath him to address concerns of investors! Investors have the right to know the business plan period! I have no more patience nor faith left for Coretec.....
TWA,
You are right TWA, CEO has made a grave error with NDSU! It could be years before a patent approval! Unless the CEO made a deal with NDSU. Which if I were NDSU I would say money 1st before handing over the patents. But whose guess as to what scheme is playing out inside Coretec! But in 9days,ill be making more phone calls to Coretec! Thatll be 30days since last 10Q.Ill be Leaving them pleasant but firm messages on behalf of unhappy investors. My thoughts are that Coretec cant find funding! Coretec hasn't a leg to stand on, as far as obtaining more money from investors! The only 2 board members who will loan money to Coretec are ex-ceo Victor & his friend. Its amazing to see Victor loaded with money, yet Coretec is broke! Like I said before, I'll never buy another penny stock!......
Guys
I believe that I have the freedom to ask anything of Coretec. I've already lost my money with them. So I'll continue to push for information from them. No one else is doing anything about this situation. I'm not one to sit idly by & say or do nothing. Coretec owes investors answers to many questions!.....
Walrus & TWA,
I'll be calling again on behalf of the investors to Coretec! It'll be 4 weeks since the 10Q. A feasibility study is usually done in 4-8 weeks!There's no evidence of a partnership with the sec. So there's no excuse for the CEO to be quiet.....
Walrus,
How is Coretec going to market CHS without a patent? Doing so will cost the company plenty! Developing their own CHS is costly too! Then there's the issue of waiting for patents again. Unless the CEO made a deal with NDSU. Maybe he had time to reconsider the issue. But that's speculation & not facts. Yes the conferences say that Coretec is still in the game of developing CHS. But that's not an assurance that Coretec will be successful. Money & patents for CHS is the issue. So far there're no sign of a partnership. If there are NDA's in place, then we would have known about a partnership. So I don't buy that reason for the CEO to be quiet. It's been 7 months since the last update. I think that Coretec has been searching for funding. So far it has been a hard road for them. But I guess we will know with the next 10Q in December.......