Coretec Group Inc (CRTG)

[razorback74]

Contrary to what flyerfan has stated. The shares issued to the employees from the Stock Incentive Plan, are not just dumped into the market. They are instead issued as options. This is from the 10K. The shares it talks about came from the 2013-2014 plan.

Equity Compensation Plan Information

We have one stock-based compensation plan, the 2014 Equity Incentive Plan that replaced the 2013 Equity Incentive Plan, together referred to herein as the “Stock Plans.” As of March 26, 2014, 23,030,274 options to purchase our common stock were issued and outstanding under the Stock Plans with a weighted-average price of $0.08 and 37,563,907 shares of our common stock were reserved for future issuance under the 2014 Equity Incentive Plan.



As you can see, those options to purchase, have an avg purchase pps of .08, so basically, we won't even see those shares being exercised and then possibly sold until the pps hits at least .08 or higher. So the 2013 plan had 20,000,000 shares that were issued and so far roughly 13,000,000 shares have been from the 2014 plan. That comes to 33,000,000 shares. Of that amount 23,000,000 were issued at options at an avg of .08. So that means only 10,000,000 have been issued that may not have been options. That's only 10,000,000 out of 70,000,000 in both plans that may have hit the market so far, and those may not have all been dumped either. So I'd say flyerfan kind of misrepresented the S-8 shares a bit. hope this helps calm some nerves.