Coretec Group Inc (CRTG)

[BoomSoon]

“… there also appear to be significant opportunities for this technology to visualize big data for multiple organizations within the Department of Defense and civilian agencies.” Doug Freitag

I believe that our little venture is going to remain within the confines of the federal government for the foreseeable future, thanks to the focus of our big brother, Doug, adopted brother Jim, and the redirection of our financing mindset, thanks to Vic. We no longer will entertain the private sector’s enhancement of the 3D digital signage market and leapfrog to 3D volumetric via CSpace as once perceived. In fact, as Doug portrayed last month… our technology is “beyond risk tolerance of industry.” We tried the private route, but unfortunately, Uncle Sam – thanks to us! – has deep pockets… and doesn’t necessarily mind a hole in them every once in a while.

That said, I was doing some research concerning the DoD and came up with this recent R&D approach… the Perry approach:

“’He consciously invested in R&D for a number of programs that he knew the department would not be able to afford to put into production in any quantities," Kendall said. "A lot of our force today rests on those investments because in the 1980s we had a big defense buildup, and the things we built were the things Bill kept in R&D — the Abrams tank, the Apache helicopter, the F-15, the F-16, the F-18, the Aegis destroyer.’

Kendall said it might be time to return to that kind of approach — directing R&D money in order to build at least a few prototypes of systems the Pentagon knows it can't afford to buy in big quantities in order to tee up programs for brighter budget days, and to prevent the overall research and development enterprise from atrophy.”

As far as the DoD is concerned, they’re apparently facing some budget cutback but maybe a new philosophy may lead to the discovery of our little R&D thanks to the efforts of our big brothers… however stealthy it may be.

Here’s the rest of the article.

http://www.federalnewsradio.com/394/3543452/DoD-shields-basic-research-but-other-RD-will-take-serious-budget-hit