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Coretec is still amortizing previous worthless CSpace patents and has no new patents which are public once filed. Coretec is neck deep in debt and has more interest expenses than R&D. Pretty much tells the scam story here.
This stock is about to completely explode to $1+!!!
Goodwill = Shareholders money LOL
Pegs1, You can submit your questions to CEO using this new address. coretecgroup@fischtankpr.com.
Big buys happening all day long.
Buyer Be Happy!!!
So is $1.31 per share! That is 99% (almost 100%) guaranteed like you said.
twa, Goodwill is considered a company asset.
What happened to the sub penny predictions? LOL
Dis information is accurate based on the NVSOS dilemma!
No need to update it until the NVSOS resolves their issue.
Insider funding Red Flags!
From 10Q
On October 15, 2019, the Company received $106,483 ($125,000 net of $3,750 commitment fee, $6,250 advance interest and $8,157 legal fees), the first advance of financing under a $2,500,000 credit agreement (the “Credit Agreement”) and related convertible promissory note (the “Note”) that the Company entered into, on October 11, 2019, with Diversified Alpha Fund of Navigator Global Fund Manager Platform SPC, a Grand Cayman entity (the “Lender” or “DAF”). DAF is a mutual fund managed by The Carlton James Group (Carlton James”). Simon Calton is the Chief Executive Officer of Carlton James and also the Co-Chairman of Coretec.
NVSOS caused renewal delay - NOT GIFX, FACT !
Well, here's the immutable proof we all knew existed per our boots on the ground due diligence.
GIFX has not been able to renew their corporation registration and license in NV as the state completely broke the system- just FUBAR beyond all imagination.
Las Vegas investigative reporters at FOX Channel 5, broke the recent news story. Sorry. We've got facts here again, versus total bullshit.
HERE is an investigative reporter and expert sources who 100% confirm that it's nearly IMPOSSIBLE for a business to "pay the dues they owe the NVSOS as the on-line AND in-person systems are broken beyond all repair".
Thus, the NVSOS site is displaying old, bad info labeling 100% "CURRENT" companies/corporations who have paid their annual dues- labeling them as "DEFAULT" according to an expert investigative reporter team of journalists, a expert they interviewed who relies daily on the Silverflume NVSOS site for his NV law and legal business AND from commentary from thee NVSOS itself via a spokeswoman who did not deny anything stated as inaccurate or not 100% true.
Facts.
Facts versus disinformation and total false narratives such as "GIFX can't even pay a $100 business license fee" (grossly false in itself, as it's over $1,500 they need to pay as a large corp filing, w/ a updated list of corp officers, so OFF by a factor of 15X on the disinformation !)
https://www.fox5vegas.com/news/state-website-issues-causing-headaches-for-las-vegas-businesses/article_2010292e-c4a0-11e9-a975-4be4de810418.html
There it is- FACTS versus a completely false narrative. GIFX could have tried to pay, and pay and pay the NVSOS dues - and it isn't going to process, especially if they need to add complex items like an updated list of corporate officers/board members which our boots on the ground know is 100% thee case in this reverse merger situation.
LOL, more sub-penny bullogna!
The so called "Loaner" is an inside Director's company. There is no new funding partner. It's all a shell game here.
Not hard when not true! Facts don't lie!
NVSOS delaying renewal - NOT GIFX, FACT !
GIFX has not been able to renew their corporation registration and license in NV as the state completely broke the system- just FUBAR beyond all imagination.
Las Vegas investigative reporters at FOX Channel 5, broke the recent news story.
HERE is an investigative reporter and expert sources who 100% confirm that it's nearly IMPOSSIBLE for a business to "pay the dues they owe the NVSOS as the on-line AND in-person systems are broken beyond all repair".
Thus, the NVSOS site is displaying old, bad info labeling 100% "CURRENT" companies/corporations who have paid their annual dues- labeling them as "DEFAULT" according to an expert investigative reporter team of journalists, plus a expert they interviewed who relies daily on the Silverflume NVSOS site for his NV law and legal business AND from commentary from thee NVSOS itself via a spokeswoman who did not deny anything stated as inaccurate or not 100% true.
Facts.
Facts versus stockbullshit disinformation and total false narratives such as "GIFX can't even pay a $100 business license fee" (grossly false in itself, as it's over $1,500 they need to pay as a large corp filing, w/ a updated list of corp officers, so OFF by a factor of 15X on the disinformation, LOL !)
https://www.fox5vegas.com/news/state-website-issues-causing-headaches-for-las-vegas-businesses/article_2010292e-c4a0-11e9-a975-4be4de810418.html
FACTS versus a completely false narrative. GIFX could have tried to pay, and pay and pay the NVSOS dues - and it isn't going to process or update their corp status to "CURRENT", especially if they need to add complex items like an updated list of corporate officers/board members.
And back down it goes, red red red... Read that like a book. No shares available so the price shot up on measly 171 or $34 buy. Falls right back down just as fast once someone takes a few profits.
Not really. Only about $1000 was invested at market and it most likely triggered somebodies limit sell orders. In pre-split 1 for 300 terms, the stock price is still trading at .0008 which is pretty pathetic.
Looks more like somebody jumped back in and is back pumping this POS!
Complete Bullshit... "Coretec is ready for market today"
Coretec has no patents or rights to market, and no manufacturer to produce CHS. Don't fall for this sham folks!
More BS from Coretec!!! Buyer Beware
Seems like they are always in "Talks" with this or that, but we never see an actual agreement or revenues as previously promised time and time again.
They make it sound as if Carlton James is something new to Coretec, but we all know it is one and the same. They could not get funding from a real outside company, so they had to have insider Simon Calton funnel money back into this scam!
This kind of misleading BS should be reported to the SEC!
LOL, Coretec said that same thing over a year ago... Don't believe what Coretec management says. It never comes true and they have never delivered anything as promised. This turned out to be a royal scam IMO!
Remind me what billion $ value is being speculated? All I keep reading are sub penny valuations coming week after week, but Wall Street apparently doesn't agree!
LOL every claim for sub penny has been Denied!
GIFA is too strong! Time to load up on more low float shares and reap profits as usual.
These guys are stroking up another story to get there money back IMO! Their notes are due or overdue and they need to get their convertible shares sold to reap their investment to avoid losses. See the financials for proof! More dilution coming.
Ever wonder why it's not pushing sub pennies and keeps trading above!
The stock is not pushing sub pennies, despite others pushing for it! GIFA keeps out performing the BS. FACT!
Coretec Scam Alert. Beware of Dilution Here!!!
GuruFocus has detected 4 Warning Signs with The Coretec Group Inc OTCPK:CRTG.
https://www.gurufocus.com/news/963961/the-coretec-group-completes-financing-agreement-with-diversified-alpha-fund
Pegs1, you don't understand toxic financing then. Venture Companies don't always care whether the company is legit or can turn a profit, they just want their return on investment! Toxic financing provides them a healthy return at shareholder expense!
This is a total scam IMO and has been for the past 15+ years!
No partner was ever announced and no revenue has ever come in from CHS, so all that was bullshit from management. Posting outdated and under-delivered quotes from the past is pathetic!
LOL, another sub-penny claim on a green day! $1 is coming, cuz, I can almost feel it!
$GIFX: Conglomerate, Growth, Expansion, Assets !
ANYTHING to the contrary facts below is stockbullshit and disinformation and a false narrative. Period.
Recent oil/gas and petrol distribution contracts finally signed- the last step prior to them SEC filing per the CEO's comments.
https://www.markasayfasi.com/dunya/gifa-holding-petrol-anlasmalarini-tamamladi-h125.html
Potentially the OTC reverse merger of the past several years, only awaiting a final set of SEC filings now.
$GIFX with the share structure of a NASDAQ company and a micro float of only 47 million shares that causes it to move up 25% or more on micro buys of $500 to $1K dollars. It moves like greased lightening.
What is GIFX now?
Gifa Inc a rapidly growing, truly international conglomerate involved in international finance/loan brokering, operation of their own FOREX trading desk division, a travel/tourism business unit which is huge on their Cyprus island location- and includes a fully staffed call center for additional services, a direct lending division now called Grandex Finance for factoring business loans and payday style individual loans, a full color in-print daily newspaper division to promote their own travel and tourism divisions and plans for a casino/hotel, and a raw chemicals and pharmaceutical manufacturing unit and more:
The company owns many "hard assets" including a newly built $12 million euro, 4-story, world class headquarters building in addition to a newly purchased raw chemicals and pharma manufacturing plant- among many other assets:
Their main world headquarters - a 4 story, newly built state of the art building and facility:
Oil/gas and gasoline distribution buy-out contracts finally signed after 6 plus months of negotiations- the delay to reverse merger completion:
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http://gifaholding.com/
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The Gifa Forex Trading business unit:
http://www.gifaforex.com/
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Gifa Consulting their main loan brokerage/consultancy business unit:
https://gifaconsulting.com/
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Gifa travel and tourism business unit:
http://gifaturizm.com/
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Gifa Grandex Finance their direct lending business unit:
http://grandexfinance.com/
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Gifa Intel Chemicals their raw chemical and pharmaceutical business unit:
http://intelchemicals.com/
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Yeni Bakis: their full color, daily, in-print newspaper business unit:
//www.youtube.com/watch?v=U7Nhli7FqL0/
//www.youtube.com/watch?v=FLLbuOBP4sA
Tukish TV coverage of Gifa. This is a widely watched, Turkish TV professionally produced program that follows emerging and up and coming companies in Turkey and their region - it's like a CNBC business show of Turkey.
$GIFX and Gifa, as real as it gets. Hard assets, growth, business units, employees, lots of employees. The polar opposite of 90% of what one will find on the OTC. Their real estate holdings alone make this a $1 dollar stock on the day they SEC file their final filings.
Not exactly correct!!!
Level 2 showed duplicates in traded volume reflecting the MM on the Buy side and the MM on the Sell side of those transactions. As a result, the volume was highly overstated. This happens every day on most OTC stocks that have multiple MM's and adequate trading volume. So your 3.5 million dump statement is a fact per se, but a grossly exaggerated one at that!
Kind of like CSpace... it was there for a blink of an eye too!
Pathetic cuz it won't drop farther or pathetic cuz it hasn't screamed up lately? GIFX has made me thousands and will make me more!
Nobody seems to care about the CE BS! LOL the stock price just won't fall for it!
GIFX just can't stay below a nickel! What solid stock!
The scam CE BS lotion just keeps wearing off!
They have no cash and have to pay CEO and CFO with derivative shares. What a joke! More dilution coming folks!
What amazes me is how anyone could assume there hidden convertible notes when it is a proven FACT that the share structure has not changed one bit and there has been no evidence of any dilution with this merger. Others have suggested it was front loaded to benefit the insiders, but there has been no proof provided to support that theory either.
Good time to spank that ASK!
The company has never followed through with any of its previous business plans, so investors are highly skeptical of them delivering the current plan, whatever that may be. Lack of communication and updates of said plan make it even worse.
Cortec has never delivered investors anything positive, only more toxic debt!