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Coretec News by CEO Kraft on website. CEO said that the team has been working diligently on Coretec's major programs to create a successful company. That Coretec has challenges as like any early stage company. Coretec has changed the source of the CHS. Ties with NDSU have been severed because many areas of value weren't realized. There are detailed and confidential discussions with a international supplier and potential distributor partner for CHS. Team is focused on building Coretec CHS IP. Coretec team is working on funding with 2-3 options. No one has left the Coretec team. Management team hasn't lost faith. They Hope that investors haven't lost faith and are still with Coretec.
Well we know at least the doors are still open. So has Coretec come up with its own formula version of CHS? No mention of a patent. Plus what funding options? It's good that no one resigned from the management team. I'm left with more questions and no mention of the next update...
TWA,
What do you suggest investors are to Do? We have no way to communicate with the management team. Unless there's someone who can go to the Tulsa office. Even then I'm not sure that someone would be there. Going to the SEC isn't the answer. For Coretec hasn't broken any laws. I'm disappointed that there wasn't a year end message from the CEO. But he has said in a previous post to be patient on the marketing of CHS. But right now all that investors can do is to patiently wait for any news. I thought that 3Dicon was going to collapse from lack of money & unfinished product. But Victor came through with his own money. Then he arranged a merger & loaned more money to Coretec. So hopefully CEO has negotiated a new deal with NDSU. Maybe he has obtained money & a partner. Or maybe I'm just a dreamer! But either way, I'm here to the very end......
TWA,
Investors of 3Dicon faced the same scenario with a full time CEO. Victor kept investors in the dark for months at a time! I think this is disgraceful to investors. CEO needs to give investors an update regardless if it's bad or good news. I've mentioned this in my texts to the CEO. However the CEO didn't respond to it. Management doesn't respond to messages or phone calls. So how are you going to demand that Coretec to replace the CEO? Plus I dont think that Coretec can afford a full time CEO. Our only hope is that Coretec finds a partner & negotiates with NDSU. If not then game over....
Guys, I called the Tulsa office today. Apparently the phone still works, I left a message. If Coretec had closed shop, the phone lines would have been disconnected. I believe that Coretec is still open for business. That the CEO is seeking financial assistance. Along with negotiating with NDSU for the patents. It would be insane to walk away from this golden opportunity. A vast amount of revenue is to be made from this incredible silicon. IMHO
Guys, I left another message on the CEO's cell again. I dont expect a response. He knows that investors want an update.
Whale eye,
Of course management is getting paid. Would you work without pay? Yes Coretec has financial problems. CEO walked into a financial mess. I was surprised that 3Dicon merged with Coretec. 3Dicon had financial problems by the bucket loads. All that we can do is to patiently wait for news....
Wow GUYS,
I haven't heard any news of Coretec giving up on CHS silicone. I'd rather hear this from the CEO. We all thought that 3Dicon was done, but Victor came through with his own money. I dont think ceo will give up so easily. Again Coretec has a product. Therefore it's not a scam. I guess we'll see soon Coretec's future whether good or bad....
TWA,
Corporate America has no heart! But I must point out that this CEO posted more messages & information than the previous CEO's. Plus the fact that he did accept my phone call. The holidays are over. So maybe there'll be news soon.
Guys,
I left a message on CEO Kraft's cell phone. I said that I wasn't seeking inside information. That investors are anxious about no news. I encouraged him to keep line of communication open with the investors. So hopefully CEO will respond with a message to investors......
Walrus, what are your thoughts on the hold up with Coretec & no news?
TWA,
I'm keeping a positive attitude. Coretec & NDSU may very well be working together. It may very well be Coretec seeking money. That wouldn't surprise me. Especially with the past history with 3DICON.
Like I said before we can speculate all day. At this point, I can only wait for news. Coretec knows that investors want an update.
TWA,
I don't know if Coretec funded anything to NDSU. I'm not interested in who's at fault. I just want the 2parties to come to an agreement & market CHS. If this doesn't happen, game over! So I'm keeping a positive attitude in CORETEC to resolve any issues with NDSU. IMO
TWA,
I can only speculate that if there's no deal with NDSU, then maybe another company may buy out Coretec. It doesn't make sense that NDSU didn't fit into Coretec's business plan. For both parties want CHS silicone to be marketed. Both know the potential of CHS on the market. I can only speculate that NDSU wanted more of the profits. I feel that Coretec will negotiate with NDSU. It may very well be that Coretec & NDSU have come to an agreement. They may very well working on the legalities. But unfortunately we are kept in the dark. I can only assume that Coretec is still open for business. I've sent numerous emails on the Coretec website & to the CEO. No response of course. So we wait & speculate......
TWA,
That phone call occurred right after Coretec & 3Dicon merged. I'm thinking that it's NDSU holding things up again. Previously CEO posted that NDSU wasn't on board with CORETEC'S business plan. That was when Coretec & NDSU released each other. Coretec has its management team & customers lined up to test the CHS batches. CEO posted that they have a chemical company in mind to process the CHS. CEO posted that Geleste would be storing the CHS. So NDSU and patents are the only obstacles left for Coretec. But I'm willing to bet that the CEO will negotiate a deal with NDSU. Both parties know the potential of CHS on the market. CEO will not let this opportunity go to the wayside.
TWA,
I had only 1 phone conversation with Mr. Kraft. Upfront he told me that no inside information could be given to me. I told him that I understood completely. That I only wanted to encourage him to keep line of communication open with the investors. Mr. Kraft said that the silicon is a golden opportunity. I dont understand why he didn't negotiate with NDSU for the patents. But we don't know the whole story between Coretec and NDSU. I'm disappointed that he didn't post a message to the investors with the new year. A message saying that Coretec is still open for business would've been great. We can speculate all day, But ultimately the CEO will have to give investors an update sooner or later. I'd rather sooner....
TWA, There were times that I thought the same with 3DICON. But Victor came through with his own money. We are in the dark for sure. But CEO Kraft is still on board. Legalities can be the issue. But I have to believe CEO will obtain money for commercializing CHS. Like he said this is a golden opportunity. CEO needs to give investors an update with this New Year.....
TWA, I sent emails to Coretec asking for an update before Christmas. I dont expect an update until new year. Even a seasons greeting message by the CEO would have been nice. 2019 will either make or break Coretec. Wish everyone a prosperous New Year!....
Merry Christmas & a prosperous New Year!
TWA,
I hear you & agree! The fat lady hasn't sung yet!......
Walrus & TWA,
Yes I'm concerned about Coretec's financial situation. But I believe that the CEO will obtain money for commercializing CHS. For there is enormous potential of profits with CHS. CEO Kraft knows that CHS is the golden goose. He will negotiate with NDSU. Possibly even obtain the patents for CHS in the long run. But we will not know Coretec's plan on CHS until next year. So everyone relax & enjoy this Christmas season. Wishing everyone a prosperous New Year......
TWA, Yes there's hope for Coretec. CEO Kraft knows that CHS is the golden goose! For he would be gone if CHS wasn't a golden opportunity. Both Coretec & NDSU want CHS to dominate the market. I believe that Coretec can commercialize CHS. It won't happen overnight. But I'm willing to wait patiently. As long as Coretec is making great progress. So 2019 will be a deciding point for me. With the new year, investors should receive an update.......
Walrus, I'm glad to see that you didn't leave the forum! I greatly appreciate your posts on the forum. I do believe in Coretec's products. Yet I'm concerned about Coretec's financial situation. In addition to no news or update to investors. Since the holidays are upon us, i really don't think there will be an update until 2019. I'm hoping that 2019 will bring revenue for Coretec & investors...
Clonefan, Walrus resigning moderator status is meaningless. I'm willing to bet, he's holding his shares.
Clonefan, How do you know that Walrus is gone?
Walrus, what are your thoughts on what's going on with Coretec? We've had no news since September on the battery conference. Now the PPS is near sub penny. CEO needs to give investors an update. Keeping investors in the dark isn't good for business. I doubt we will not have any news until next year. The update had better be good or else lose investors. I being one of them.....
TWA, I'm with you in that selling my shares now isn't a very good option. I'm hanging on to see what happens in 2019. CEO knows how valuable CHS will be on the market. I feel that Coretec & NDSU will come to an agreement on commercializing CHS & the patents. Ive sent messages to CEO & Coretec's website. Of course i never receive a response. But at least ceo knows that investors are losing patience & need an update. Since the holidays are here,we will not receive an update until 2019. Way i see it, both NDSU and Coretec want to be prosperous by marketing CHS.
Well Guys, We are in a pickle. Coretec will either make progress in processing the CHS or close up shop. That would be so sad. For Coretec could've prospered greatly with the CHS silicone. But the fat lady hasn't sung yet. Hopefully Coretec will be able to process the CHS in 2019....
TWA & Walrus, I hold onto my shares because I believe in the products. I believe that Coretec is still pursuing commercialization of CHS. If money is a factor, Coretec will find a way to obtain it.
Clonefan, walrus is an adult & not a child. I value his opinion as well as yours. Yes, I have asked Coretec & the CEO these questions on the Coretec website. So im waiting patiently for any news from them. I'm not an expert on penny stock nor research/development of a new product. I try to base my judgements upon facts & research. So yes Coretec & Geleste released each other from the agreement. Money & inability to produce a high quality CHS test batches may very well be the reasons. Hence why Coretec sought another chemical company partnership. I'm willing to wait patiently for another year for Coretec to start commercializing CHS.....
TWA, I feel that if Geleste had produced high quality CHS test batches, then Coretec would have kept their agreement. So therefore why would Coretec have to pay for poor quality CHS test batches? What I'm saying is there maybe other valid reasons for ending the agreement with Geleste......
Walrus, Do you think that the hold up in announcing chemical company partnership is due to money? Or is it NDSU? How can Coretec help cement plans with potential customers to test CHS?
TWA,
We don't know the whole story with Geleste. Just that Geleste was unable to produce high quality CHS test batches. Why? Who knows it could be related to their equipment. But Coretec has another chemical company partnership in mind to process the CHS test batches. However, Geleste has agreed to store any CHS produced by the other chemical company for Coretec. But this is one of many questions that I'm going to ask at the next investors meeting. Hopefully we will have one either year end or with the new year.....
Walrus, we all have read those great articles on CHS & it's potential. Investors need an update from the CEO. How far is management in processing the CHS test batches? Who will process the CHS test batches? Who will receive the CHS test batches? These questions are weighing heavily on investors minds. I'm hoping that Coretec will give us an update before year end.....
These are the words that have been used to describe Coretec's stock: excrement, scam, worthless, shoe polish, trash, ETC.. Enough of the negativity!
Walrus, we need an update on the chemical company partnership. I believe that is on all investors minds. We all know the many benefits of CHS. In addition to the great potential in revenue with CHS. Investors need to know of any progress in commercializing CHS. I've sent numerous texts to the Coretec website. It would be great if the CEO would update investors before year end.......
Clonefan, Although the NDA's from previous conferences are 2 years old, Coretec has established relationship with these interested companies . Coretec has also identified other potential partnerships. This is key to commercializing a new product. This will not happen overnight by no means. But the CEO & management team are working domestic and international to establish these relationships. Coretec has a product that will be greatly demanded by various industries. I believe that investors will see action by Coretec in the new year.
Guys,
I agree that CEO needs to update investors. But an NDA is potential revenue for Coretec. So I care about customers! We are investors & not executives of corporate America. We don't know who the potential customers are at this point. Yes Coretec needs to produce CHS. I don't believe that it'll be another year of nothing. CHS is very valuable to the world. Companies now know about CHS through the conferences. Coretec is communicating with them. We must give Coretec a chance to commercialize CHS. Or else we lose everything...game over! I believe in the products of Coretec. Like TWA said before, it'll take only 1 company to bring revenue to Coretec. I'm willing to wait patiently......
Walrus, Coretec has NDA'S from the San Diego conference 2 summers ago. I remember the comments by the CEO on the NDA's. I don't know if there is a time limit on the NDA's. Coretec needs to update investors. Announce the chemical company partnership by year end.
Walrus, great articles on CHS for lithium batteries! Like I said before both Coretec and NDSU know the great potential in revenue with CHS. But it would be great if the CEO would set up an investors meeting. Investors need to see action by Coretec. Announcement of the chemical company partnership would be a great start. I'm excited about the market for CHS batteries in 2018-2028. Come on Coretec, let's get the ball rolling.....
Investors heads are going to turn once Coretec stock soars. Coretec management knows the potential revenue with CHS. CEO will hold onto this golden goose.