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CRTG The Coretec Group closed recently a share exchange agreement with Core Optics who has clientele with Soy , Samsung. Hyundai Ford and other blue chip companies. The stock trades at 0.02 NOW but as the new combined company gets the word out of the new companies revenue , plans and pursuits that should change as Core Optics has revenue unlike CRTG before the merger.
Better volume than we've had in quite a while. Word is getting out even without an update which should be coming soon. Looking forward to the start of the last quarter of the year starting Oct 1st. We will get to see the first quarterly report in mid November. At the release of any kind of press releases or updates or new website the reality that we are a new company will start to set in.
CRTG completed it share exchange agreement with Core Optics Sept 22 2024 . Core Optics projected to make 16 million in 2025 in just one year since they formed July 19 2023 as a private company but now officially public company through the merger The Coretec Group did not have any revenue or products before this merger with CRTG but now have revenue and 90 more patents . The new management should start communicating with the shareholders soon . I believe that the company which is still trading at .015 cents as it did before the close of this merger is undervalued and heres why . Core optics has partnerships with . The company’s distinguished clientele includes Sony, Ford, Hyundai, Samsung, and other major blue-chip companies. and this from the news release Sept 22 https://thecoretecgroup.com/press-releases/the-coretec-group-completes-share-exchange-agreement-with-core-optics/
" As part of the acquisition, Dr. Seonkee Kim has been appointed Chief Executive Officer of Core Optics. Core Optics is a leading manufacturer of testing and calibration equipment for Compact Camera Modules (CCM) used in automobiles, cell phones, and various other consumer and business technology applications. The company’s distinguished clientele includes Sony, Ford, Hyundai, Samsung, and other major blue-chip companies.
This company , Core Optics is out of South Korea where its manufacturing plant is and last july 2023 bought the compact camera module machines from Ismedia which was delisted from he Korean Exchangr where it traded generaly around 10 th 15 bucs a share. Core Optics retooled the CCM machines to test and assemble the CCMs for mostly autos and less for smart phones as autos have 12 cameras per car . So the new machines are already producing revenue in its first year and will hit at least 16 million in 2025 . They have little debt if any and good profit margins ..finacials should be highlighted more when address shareholders soon as they havnt since the close . Core Optics and Core SS llc are Virginia limited liability companies and The Coretec Group CRTG is an Oklahoma LLC . Core Optics LTD is the Korean susidiary but all now under The Coretec Group . They recieved a lot of shares but are all locked up for 6 months and their are 140 million shares in the float . Looking for a good update soon and a complete overview of all the partnerships !! Again i think CRTG is undervalued
From the news release last month
Key Highlights:
Successfully developed the isCrown array system with full automation collimation for 8-degree and 15-degree FOV.
Initiated R&D for Mobileye certification, with completion expected by the end of next year.
Collaborating with Hyundai Mobis on the development of equipment for high-resolution camera modules.
Engaged in a PrePV stage PO process in partnership with Hyundai Mobis.
Completed the delivery of a mass production line for Hyundai’s flagship vehicle camera to a Tier 2 automotive camera supplier in Korea.
CRTG completed it share exchange agreement with Core Optics Sept 22 2024 . Core Optics projected to make 16 million in 2025 in just one year since they formed July 19 2023 as a private company but now officially public company through the merger The Coretec Group did not have any revenue or products before this merger with CRTG but now have revenue and 90 more patents . The new management should start communicating with the shareholders soon . I believe that the company which is still trading at .015 cents as it did before the close of this merger is undervalued and heres why . Core optics has partnerships Sony , Samsung Ford , Hyundai along with other blue chip companies with and this from the news release Sept 22 https://thecoretecgroup.com/press-releases/the-coretec-group-completes-share-exchange-agreement-with-core-optics/
" As part of the acquisition, Dr. Seonkee Kim has been appointed Chief Executive Officer of Core Optics. Core Optics is a leading manufacturer of testing and calibration equipment for Compact Camera Modules (CCM) used in automobiles, cell phones, and various other consumer and business technology applications. The company’s distinguished clientele includes Sony, Ford, Hyundai, Samsung, and other major blue-chip companies.
This company , Core Optics is out of South Korea where its manufacturing plant is and last july 2023 bought the compact camera module machines from Ismedia which was delisted from he Korean Exchangr where it traded generaly around 10 th 15 bucs a share. Core Optics retooled the CCM machines to test and assemble the CCMs for mostly autos and less for smart phones as autos have 12 cameras per car . So the new machines are already producing revenue in its first year and will hit at least 16 million in 2025 . They have little debt if any and good profit margins ..finacials should be highlighted more when address shareholders soon as they havnt since the close . Core Optics and Core SS llc are Virginia limited liability companies and The Coretec Group CRTG is an Oklahoma LLC . Core Optics LTD is the Korean susidiary but all now under The Coretec Group . They recieved a lot of shares but are all locked up for 6 months and their are 140 million shares in the float . Looking for a good update soon and a complete overview of all the partnerships !! Again i think CRTG is undervalued
From the news release last month
Key Highlights:
Successfully developed the isCrown array system with full automation collimation for 8-degree and 15-degree FOV.
Initiated R&D for Mobileye certification, with completion expected by the end of next year.
Collaborating with Hyundai Mobis on the development of equipment for high-resolution camera modules.
Engaged in a PrePV stage PO process in partnership with Hyundai Mobis.
Completed the delivery of a mass production line for Hyundai’s flagship vehicle camera to a Tier 2 automotive camera supplier in Korea.
CRTG completed it share exchange agreement with Core Optics Sept 22 2024 . Core Optics projected to make 16 million in 2025 in just one year since they formed July 19 2023 as a private company but now officially public company through the merger The Coretec Group did not have any revenue or products before this merger with CRTG but now have revenue and 90 more patents . The new management should start communicating with the shareholders soon . I believe that the company which is still trading at .015 cents as it did before the close of this merger is undervalued and heres why . Core optics has partnerships with . The company’s distinguished clientele includes Sony, Ford, Hyundai, Samsung, and other major blue-chip companies. and this from the news release Sept 22 https://thecoretecgroup.com/press-releases/the-coretec-group-completes-share-exchange-agreement-with-core-optics/
" As part of the acquisition, Dr. Seonkee Kim has been appointed Chief Executive Officer of Core Optics. Core Optics is a leading manufacturer of testing and calibration equipment for Compact Camera Modules (CCM) used in automobiles, cell phones, and various other consumer and business technology applications. The company’s distinguished clientele includes Sony, Ford, Hyundai, Samsung, and other major blue-chip companies.
This company , Core Optics is out of South Korea where its manufacturing plant is and last july 2023 bought the compact camera module machines from Ismedia which was delisted from he Korean Exchangr where it traded generaly around 10 th 15 bucs a share. Core Optics retooled the CCM machines to test and assemble the CCMs for mostly autos and less for smart phones as autos have 12 cameras per car . So the new machines are already producing revenue in its first year and will hit at least 16 million in 2025 . They have little debt if any and good profit margins ..finacials should be highlighted more when address shareholders soon as they havnt since the close . Core Optics and Core SS llc are Virginia limited liability companies and The Coretec Group CRTG is an Oklahoma LLC . Core Optics LTD is the Korean susidiary but all now under The Coretec Group . They recieved a lot of shares but are all locked up for 6 months and their are 140 million shares in the float . Looking for a good update soon and a complete overview of all the partnerships !! Again i think CRTG is undervalued
From the news release last month
Key Highlights:
Successfully developed the isCrown array system with full automation collimation for 8-degree and 15-degree FOV.
Initiated R&D for Mobileye certification, with completion expected by the end of next year.
Collaborating with Hyundai Mobis on the development of equipment for high-resolution camera modules.
Engaged in a PrePV stage PO process in partnership with Hyundai Mobis.
Completed the delivery of a mass production line for Hyundai’s flagship vehicle camera to a Tier 2 automotive camera supplier in Korea.
Typing error lol
It's obvious to me a R/S isn't a priority. Theres no reason to do one . It won't help them now do get on the bigger boards because they first have to have a certain amount of revenue over a certain amount of time. That's their focus . I think they are planning to come out with a shareholders update .. they were in talks with Korean battery companies , probably doing a new web site they have partners with blue chip companies they are doing work with they are growing fast . It's only been 27 days since Dr Kim made statements in the Aug 22 press release with an overview that included news about delivering products to Hyundai and other news. The Voreyev Group went longer than 26 days with the next updates at times it was 2 months . I'm confident we have stock in a good. Company with good management !
It's obvious to me a R/S isn't a priority. Theres no reason to do one . It won't help them now do get on the bigger boards because they first have to have a certain amount of revenue over a certain amount of time. That's their focus . I think they are planning to come out with a shareholders update .. they were in talks with Korean battery companies , probably doing a new web site they have partners with blue chip companies they are doing work with they are growing fast . It's only been 27 days since Dr Kim made statements in the Aug 22 press release with an overview that included news about delivering products to Hyundai and other news. The Voreyev Group went longer than 26 days with the next updates at times it was 2 months . I'm confident we have stock in a good. Company with good management !
I'm ready for the update
Today it would be 52,862,912 , . I see we're your coming from now . Point being to that I believe CRTG can reach 50 /70 million range in revenue in time with the switch to the auto industry . It may take a few years but they have a ton of room to grow.
Today it would be 52,862,912 , . I see we're your coming from now . Point being to hat I believe CRTG can reach 50 /70 million range in revenue in time with the switch to the auto industry . It may take a few years but they have a ton of room to grow.
The way I view my CRTG investment now is as a new investment that started just 27 days ago. I bought into 3dicon a second time about 9 years ago before the merger with Coretec , that to me now is one investment and now with this share exchange agreement being finalized 26 days ago I have a NEW investment in a company with products on the market and revenue with blue chip company clientele to the likes of Sony, Samsung , Ford , Hyundai as well as others . This to me is a fresh new start and I'm excited about it and looking forward to hearing from the management ! I believe this will be not only a new investment but a successful one and I would like to see all shareholders do very well in this investment.
Thanks for looking that up !
They retooled these machines to be used for auto because they said this was a better revenue generator . So they done an amazing job getting the new machines produced and in just 1 yr they will make 8 million and jump to 16 million starting in 3 months and I think year by year it could grow to beat that 2018 revenues of 78 WON or 58 million US dollars . They wouldn't have switched to auto and retool the machines if they didn't see the auto CCM machines which have 12 CCMs creating more revenue that the Smart phone CCM testing machines . That 58 million came from smart phones
We should surpass that at some point
Thanks 77 billion WON n is 58 million US money
I see great potential in the new company and I believe positive things are on the way . Several things I like about the new company are for one the new management CRTG has also the CVM business is thriving and CoreOptics has stated they are a leader in this area also Core Optics said they have clieintel with Sony , Ford , Samsung and Hyundai as well ad Blue Chip companies ! Did you get that update ? Check it out ! That was on the news release Sept 22 2034 less than a month ago . That's GREAT news that they put out on the 22nd of Sept. Also. I like the fact that They stated the company expects 16 million in revenue in 2025 just 3 MONTHS away !!! Wow that's awesome . I really like the direction the company is going and can't wait to here from the new team !!! Have a great day !
I see great potential in the new company and I believe positive things are on the way . Several things I like about the new company are for one the new management CRTG has also the CVM business is thriving and CoreOptics has stated they are a leader in this area also Core Optics said they have clieintel with Sony , Ford , Samsung and Hyundai as well ad Blue Chip companies ! Did you get that update ? Check it out ! That was on the news release Sept 22 2034 less than a month ago . That's GREAT news that they put out on the 22nd of Sept. Also. I like the fact that They stated the company expects 16 million in revenue in 2025 just 3 MONTHS away !!! Wow that's awesome . I really like the direction the company is going and can't wait to here from the new team !!! Have a great day !
Ive been looking for the 90 patents held by Core Optics or the subsidiary Core Optics LTD in Korea . They are probably out there somewhere on a Korean patent site where they were first listed. Ill keep looking . Asking the new company to let us know where to fing all these patent filings now they are public would be a good question . There is a lot of value wrapped up in those 90 patents for CRTG now .
CRTG completed it share exchange agreement with Core Optics Sept 22 2024 . Core Optics projected to make 16 million in 2025 in just one year since they formed July 19 2023 as a private company but now officially public company through the merger The Coretec Group did not have any revenue or products before this merger with CRTG but now have revenue and 90 more patents . The new management should start communicating with the shareholders soon . I believe that the company which is still trading at .015 cents as it did before the close of this merger is undervalued and heres why . Core optics has partnerships with and this from the news release Sept 22 https://thecoretecgroup.com/press-releases/the-coretec-group-completes-share-exchange-agreement-with-core-optics/
" As part of the acquisition, Dr. Seonkee Kim has been appointed Chief Executive Officer of Core Optics. Core Optics is a leading manufacturer of testing and calibration equipment for Compact Camera Modules (CCM) used in automobiles, cell phones, and various other consumer and business technology applications. The company’s distinguished clientele includes Sony, Ford, Hyundai, Samsung, and other major blue-chip companies.
This company , Core Optics is out of South Korea where its manufacturing plant is and last july 2023 bought the compact camera module machines from Ismedia which was delisted from he Korean Exchangr where it traded generaly around 10 th 15 bucs a share. Core Optics retooled the CCM machines to test and assemble the CCMs for mostly autos and less for smart phones as autos have 12 cameras per car . So the new machines are already producing revenue in its first year and will hit at least 16 million in 2025 . They have little debt if any and good profit margins ..finacials should be highlighted more when address shareholders soon as they havnt since the close . Core Optics and Core SS llc are Virginia limited liability companies and The Coretec Group CRTG is an Oklahoma LLC . Core Optics LTD is the Korean susidiary but all now under The Coretec Group . They recieved a lot of shares but are all locked up for 6 months and their are 140 million shares in the float . Looking for a good update soon and a complete overview of all the partnerships !! Again i think CRTG is undervalued
From the news release last month
Key Highlights:
Successfully developed the isCrown array system with full automation collimation for 8-degree and 15-degree FOV.
Initiated R&D for Mobileye certification, with completion expected by the end of next year.
Collaborating with Hyundai Mobis on the development of equipment for high-resolution camera modules.
Engaged in a PrePV stage PO process in partnership with Hyundai Mobis.
Completed the delivery of a mass production line for Hyundai’s flagship vehicle camera to a Tier 2 automotive camera supplier in Korea.
CRTG completed it share exchange agreement with Core Optics Sept 22 2024 . Core Optics projected to make 16 million in 2025 in just one year since they formed July 19 2023 as a private company but now officially public company through the merger The Coretec Group did not have any revenue or products before this merger with CRTG but now have revenue and 90 more patents . The new management should start communicating with the shareholders soon . I believe that the company which is still trading at .015 cents as it did before the close of this merger is undervalued and heres why . Core optics has partnerships with and this from the news release Sept 22 https://thecoretecgroup.com/press-releases/the-coretec-group-completes-share-exchange-agreement-with-core-optics/
" As part of the acquisition, Dr. Seonkee Kim has been appointed Chief Executive Officer of Core Optics. Core Optics is a leading manufacturer of testing and calibration equipment for Compact Camera Modules (CCM) used in automobiles, cell phones, and various other consumer and business technology applications. The company’s distinguished clientele includes Sony, Ford, Hyundai, Samsung, and other major blue-chip companies.
This company , Core Optics is out of South Korea where its manufacturing plant is and last july 2023 bought the compact camera module machines from Ismedia which was delisted from he Korean Exchangr where it traded generaly around 10 th 15 bucs a share. Core Optics retooled the CCM machines to test and assemble the CCMs for mostly autos and less for smart phones as autos have 12 cameras per car . So the new machines are already producing revenue in its first year and will hit at least 16 million in 2025 . They have little debt if any and good profit margins ..finacials should be highlighted more when address shareholders soon as they havnt since the close . Core Optics and Core SS llc are Virginia limited liability companies and The Coretec Group CRTG is an Oklahoma LLC . Core Optics LTD is the Korean susidiary but all now under The Coretec Group . They recieved a lot of shares but are all locked up for 6 months and their are 140 million shares in the float . Looking for a good update soon and a complete overview of all the partnerships !! Again i think CRTG is undervalued
From the news release last month
Key Highlights:
Successfully developed the isCrown array system with full automation collimation for 8-degree and 15-degree FOV.
Initiated R&D for Mobileye certification, with completion expected by the end of next year.
Collaborating with Hyundai Mobis on the development of equipment for high-resolution camera modules.
Engaged in a PrePV stage PO process in partnership with Hyundai Mobis.
Completed the delivery of a mass production line for Hyundai’s flagship vehicle camera to a Tier 2 automotive camera supplier in Korea.
Ismedia never made 150 million . Their financials at Koreas Dart system has all their financials I posted an article from a Korean site the other day which showed 2021 revenue was 44 million or 55 billion WON. Their 2022 numbers were about the same . 2018 or 2019 might have been the best year ever where they had about 50 million in revenue. I've seen the posts online about the 250 million but that not accurate. If it's Post it again and I can show you way if you want me to . CRTG will make 4 million a quarter soon with good profit margins . That's better than zero revenue and no production or product and no partnerships and no money and looking for money that would dilute anyway . Now they have 90 patents not 3 and great partners and a future . Their talking to Korean battery companies only because of the merger. We had 140 million shares in the float before and the same today . Now with a much greater chance of multiple positive news stories the stock will have a better chance to move higher . The share structure changed but the float today is the same. Their guys aren't going to dump shares at 6 months besides that the stock will move by then and you can sell all your stock before that. I assume most own this at a 2 3 cents anyway if they bought those sub penny shares so you we will have a chance to sell above the 2 to 3 cents levels and shareholders who don't like the company now should have a chance to profit some if they choose not to stay in in the near future. St 4 cents I assume most are turning a profit if unless they didn't average down. As for me I think the with only 140 in the float with the new companies success they obviously are having with great production of their new auto testing machines I believe the stock will move much higher . They should communicate soon with a big comprehensive overview and roadmap for the future and financial numbers etc and a new website news releases etc soon as they just 7 business days on Sept 10 got the SEC filings done relating to share owners update which needed to be done . Great things ahead as CRTG will do very well !!!
Ismedia never made 150 million . Their financials at Koreas Dart system has all their financials I posted an article from a Korean site the other day which showed 2021 revenue was 44 million or 55 billion WON. Their 2022 numbers were about the same . 2018 or 2019 might have been the best year ever where they had about 50 million in revenue. I've seen the posts online about the 250 million but that not accurate. If it's Post it again and I can show you way if you want me to . CRTG will make 4 million a quarter soon with good profit margins . That's better than zero revenue and no production or product and no partnerships and no money and looking for money that would dilute anyway . Now they have 90 patents not 3 and great partners and a future . Their talking to Korean battery companies only because of the merger. We had 140 million shares in the float before and the same today . Now with a much greater chance of multiple positive news stories the stock will have a better chance to move higher . The share structure changed but the float today is the same. Their guys aren't going to dump shares at 6 months besides that the stock will move by then and you can sell all your stock before that. I assume most own this at a 2 3 cents anyway if they bought those sub penny shares so you we will have a chance to sell above the 2 to 3 cents levels and shareholders who don't like the company now should have a chance to profit some if they choose not to stay in in the near future. St 4 cents I assume most are turning a profit if unless they didn't average down. As for me I think the with only 140 in the float with the new companies success they obviously are having with great production of their new auto testing machines I believe the stock will move much higher . They should communicate soon with a big comprehensive overview and roadmap for the future and financial numbers etc and a new website news releases etc soon as they just 7 business days on Sept 10 got the SEC filings done relating to share owners update which needed to be done . Great things ahead as CRTG will do very well !!!
Taking a look at where the company is now its interesting read this story of where they came from with ismedia . They were really growing and had hit 50.5 billion WON is revenue about 44 million dollars . The stock was trading at 14 dollars in November , 2021
https://www.newsway.co.kr/news/view?ud=2023061315183466662
A couple of highlights from the article below which was dated July 14 , 2023 just 6 days before Core SS LLC and Core Optics were formed as Virginia Limited Liability Companies . and our new CFO at CRTG was in that meeting ...Also the article was 5 days before ismedia held a big board meeting and the next day Core SS LLC and Core Optics were formed ...Note you might need to convert this to english and there should be an english option top left part of the page and you have to scroll way down to see all the article because of ads etc ..
".Izmedia announced on the Financial Supervisory Service’s Electronic Disclosure System on the 9th that it will hold an extraordinary general meeting of shareholders on July 18.
At the general shareholders' meeting held on this day, in addition to the motion to dismiss former CEO Myung Joo-sung, a motion to newly appoint five internal directors was also tabled, including CEO Kim Seon-gi of Feast Global, Executive Director Kim Ho-seok of Izmedia, Representative Kang Seung-min of IzCCM, Director Terry Woo-seong-no of Irvine Asset LLC, and Director Kang Yong-don of Irvine Asia. "
"In November 2021, TPA Retail borrowed 913,062 shares of its stock from KNJ Invest Loan, using them as collateral, to secure 6 billion won in operating funds for Izmedia.
The problem is that a condition for the execution of the collateral was attached at the time of the loan, and that condition happened to be met. At that time, TPA Retail attached a condition that the collateral right would be exercised if the Izmedia stock price fell below 11,830 won. At that time, Izmedia’s stock price was 19,000 won, but it steadily fell thereafter." ( thats around 14 dollars a share and they had 44 million in revenue and were in the middle of good growth as a company before all this happened )
That's awesome . He was humble but so bold such an inspiration.
I'll get through the rest of the book tomorrow . Tonight its Smith Wiggleworth , love reading his sermons and writings . Great stuff !
All of the info needed to cover the things to examine in those 18 steps we are missing about 90 percent of those items that we need to see. Id like to know more about these 90 parents CRTG now has . What is their value and how are they valued ? I did send off an email to the guy who wrote this book , sent it to his company , some type of fund he runs and told him I was reading his book and told him about CRTG and Core Optics . Hope to hear back .
#6 on pg 75 Analyze balance sheets : examine assets , liabilities and equity to gauge its financial stability and leverage ratios. Look for a healthy balance sheets with manageable debt levels. When I look at ismedias financials from Dart they made as much as 53 million but some years , of the 5 they were public , they only made less than 20 million but always traded above 5 dollars a share and traded as high as 32 dollars . They never had revenues above 53 million range. I examined all their financials those 5 public years as they are stil available to the l public today . The year they made like 12 million ismedias still traded in dollar land. I truly believe CRTG will with revenues moving higher and press releases that are going to come out about partners who are all billion dollar companies the stock could trade to a dollar. I was following a OTCQB company that never makes more than 12 million a year and they trade at around the 75 cent range and as high as 1.88 . They have less OS Shares but they have solid partners and consistent profits margins. CRTG made a run to 50 cents and had Zero revenues TDCP had less of everything going for it and hit 3 bucks. I've watched plenty of pennies run way up who really have nothing going for them but CRTG is now partners with several billion dollar companies. That is part of the stability we needed. That draws investors Our float is about 140 million shares according to OTC Markets. That's not very high , this stock could make a big run up and should at some point. I expect it really fully expect it !
I got it this afternoon. Pages 74 thru 77 list the 18 steps . I can see we need a lot more info from the company when I look at these 18 areas to examine so we can better determine if are undervalued and by how much. I do believe we are undervalued but by how much is what I am wanting to see get an understanding of. I do think the new company will hit on # 4 of 77. An interesting story about what happened to Amazon early on , pg 86 ,when the stock dropped from 113 bucks to 6 dollars but the company had incredible growth From in 2000 compared to 1999 but got hammered. Another chapter called , The stock is not the company and the company is not the stock , makes since to me as well Getting insight on those 18 areas to examine a company by reveals who the company is but the stock doesn't always say the same thing . But if we are now a strong company the stock should in time rise to fair value as the company shows quarter by quarter where they are in these 18 areas. The company doubling revenues from 2024 to 2025 is a good sign but how do all these other areas shake out ? We will begin to see more about just that I'm time.pg 75 # 6 is very important as the book stated that balance sheets show if a stock is way below its intrinsic value
When all the financial data needed to find the value of the stock today . Just for starters the Intrinsic Value Determination which cant be done by the experts i asked about CRTG said because of of a lack of ALL the data needed to calculate just a companies intrinsic value which would consider cash flows , growth prospects and risks and compare this to the market price today just cant be done with a lack of many factors that go into these calculations . I showed them the calculations here and found out they were not accurate
According to experts in determining Intrinsic valuations and some I've talked to what we need all the current data , financial info etc to come out and we wouldn't get the next 10 q for a while. They told me they like to have 12 months of financials at least. I at least ordered that book from Amazon. I also want to use the designated cash flow ( DCF) to help project future valuation as well as know the value today based on fresh financials as they seem to cracking out a lot of back ordered machines fairly quickly and getting more orders to follow. I like the fact that after only becoming a company July 19 , 2023 they were able to make 880 thousand and expected 8 million this year and at least double to 16 million next year . Kappers did say they had good profit margins and that was after they spend like 900 K retooling machines for the auto industry and are also spending now on more equipment and hiring so that costs as well . After they get set up so to speak profit margins / cash flows will increase . I think CRTG is way under valued even today but it's going to take the market time to realize that and the future should look very good . We need financials though for anyone to do accurate types of evaluations according to the people who do this for a living. Theres just not enough out there yet.
I was simply stating that you can have big earning/ sales and zero cash flow and be underwater and that stock would be a bad investment . We see it everyday . If CRTG loses money everyday and has zero cash we are going under even if they make 16 million plus plus . It means nothing if your losing money and never make enough to stay open . Read the book and I think Al will be enlightened, Al always incomplete. In responses. If we have bad cash flow earning means nothing. The number 1 financial advisor in Oklahoma talked about this on the radio today . He's looking at cash flow has to be grown to be a good stock to buy. regardless of earnings are his exact words . But he's only mega rich . He's the best at buying undervalued stocks Maybe AI thinks he's wrong but AI is not human and is missing a few inputs. Perhaps AI should have the book to be read to it first. Earning is not number 1
I was simply stating that you can have big earning/ sales and zero cash flow and be underwater and that stock would be a bad investment . We see it everyday . If CRTG loses money everyday and has zero cash we are going under even if they make 16 million plus plus . It means nothing if your losing money and never make enough to stay open . Read the book and I think Al will be enlightened, Al always incomplete. In responses. If we have bad cash flow earning means nothing. The number 1 financial advisor in Oklahoma talked about this on the radio today . He's looking at cash flow has to be grown regauinif earnings are his exact words . But he's only mega rich . Maybe AI thinks he's wrong but AI is not human and is missing a few inputs
Jacques D Kahn new book Value Investing Unlock Secrets of Long Term Wealth Creation . I haven't read it yet. Earning are not really important but it's the Discounted Cash Flow ( DCF) method is what's now considered most important in determining the Intrinsic Value of a company . Cash Flow growth year after year not sales are number one in evaluating stocks and finding stocks that are undervalue and buying them below value . Lots of companies have big sales but not cash flow growth .Core Optics started early with 900 thousand plus cash but burned through it to retool the manufacturing process so the cash numbers were low as we saw after the initial investments were made. Kappers said they have had good profit margins . So now they have / had little cash but sales are going through so we don't know what their cash flows will be so there is not a way now to determine valuation . Banks don't care what your sales are they want to look at your cash amount. So key for this investment will be to see over time cash flows increase yearly and beyond strong cash flows which we don't know what they will be but should grow they need strong fundamentals like Effective Management , competitive advantages and Consistent profitability. I believe they have these and will have good profitability as well in time. Cash Flow is real and can't be faked but Earnings can be manipulated. Benjamin Graham used the old ways to determine value Buffet and other now want to know regardless of earnings they want to know cash flows and growth in cash flows year to year. We need to allow time for the market to recognize the companies true value if of coarse they show and expect strong year to year cash flow growth. Looking for cash Flow growth numbers and projections
I don't know that there is a time line on that. They have been up and running since they formed in July 2023. Having to operate as a public company is quite a change. It's all up to them . How do you get the old CRTG , it's image , changed so the public sees the new company. It shouldn't be to hard to do as they are a completly different company just add Endurion to what they are doing to excelerate the silicon anode tech.... so in time the old should fade fairly quickly once they start showing the public what CRTG stands for now . But we want to see is a higher share price . That ends up being the bottom line for shareholders
Today is Friday Day 6 of the creation new company . Im being patient for the updates from the newly created company as i just remembered it took God 6 days to create the Heavens and Earth and everything in it then God rested on Day 7 . So Day 7 would be Monday and if they get everything done TODAY ,the 6th day , AND the stock goes to 5 dollars a share today then i vote CRTG management can take day 7 off and REST. But having just taken care of the new shares added to the company is just one example of why the new staff has'nt done an update yet for the creation of the new company will take longer than just 6 days .. There may be several very important things that need to be done before the new company , with the same name of coarse ) need to accomplish or complete before all the communications start coming out. They need new branding through news releases , updates , details of partnerships , new web site etc... Getting ready for this takes time as we can see that it took 5 days to get the new OS count complete and posted . Share Float is the same as before and thats a big deal as they get closer to making announcements and the sharing of information with the public and could have new NEWS and press releases going forward near term to go with their initials communications to the public . They are doing this the right way and i going to be patient . The company needs a whole new face lift complete and total in all areas because this is NOT the same company we have had stock in for all these years and im a big believer that the new company ( even though they have to use the old name and old symbol that has always represented a penny stock start up R&D company with no products on the market and no revenue and dwindling cash ) i believe that the new company will do a good of job in changing the perception of CRTG to the new brand of the new company , a company now newly based in the USA and with subsidiaries in South Korea with revenue and excellent products and Blue Chip partnerships as a strong foundation for business , prosperity and stability for years to come .
The pro forma was the projection of future revenue . They don't have to go in great detail in all pro formas . It's only been 4 days . I prefer they get a whole new media outlay to go with announces like a new web site to go with news released they need to update soon. They may be planning a shareholder call and who knows how many things they have to do to get started as a public company . I would not pretend to know. If they do a vanilla statement to shareholders now without all the details they really need to get out there about their operations it would be in complete. I'm fine with them launching the new company the right way which I'm guessing takes more than 4 days. It wouldn't help the stock just to say hello to everyone they need more time to do it right
Im glad you sold half of your TDCP stock ..that was a massive run and the reason this board got started right after the big move up on TDCP. So im guessing your average PPS is fairly high if you never averaged down or just simply bought more stock since its been in penny land . If all or any the Blue Chip partners CRTG now has are of value this might translate into a move up on the stock price . The company needs to and i assume will soon give an overview of all these relationships / partnerships they have listed with Sony , Samsung , Ford , Kia , more on Hyundai , Sky Hynix , Texas Instruments , Nvidia , Apple and Meta . Now thats one impressive list but just what does it mean for revenue now or in the future for CRTG. Looking for an update on all this and a new company combined website .
Kingfisher4 , you said you have been in this stock for 20 years which puts your entry in the stock in 2004 when it was 3Dicon/TDCP . Why didnt you sell your stock when it went over 2 dollars in 2006 ?. In 2004 -2006 time frame the stock traded at about a penny . But on March 21st 2006 3Dicon put out a news release that the company would have revenue by the end of 2006 and not long after that the stock was trading at an intra day high of 3.27 cents and closed at 2.85 that day . There was more than enough volumn to sell stock above 2 dollars . The revenue never happened but the point is you had time to sell at over 2 dollars or at least over a Dollar . i wish you would have sold then and turned a nice profit .
https://www.chron.com/news/article/BW-3DIcon-Expects-First-Revenue-in-2006-Unique-1908167.php
The biggest positive for Core Optics CRTG is that they have at least 10 cliente who are Blue Chip companies. These companies CRTG is now providing products for or doing R&D with are all established billion dollar companies. CRTG is not only providing products for them but the innovative development of those companies new products are in part being developed by CRTG. I see great growth and stability for CRTG because of these factors