Coretec Group Inc (CRTG)

[BoomSoon]

Hakki’s not history…

The OCAST grant began September 2013. Six months later we signed a JDA with SCHOTT, then in May 2014 we read that a “laboratory prototype / demonstration unit” was being developed with Hakki in-charge. The addressing and imaging systems were maximized and a patent application was filed late-January 2015. Mid-January 2015 Doug is named VP of Technology & Business Development. I would imagine that Hakki’s responsibilities were over or close to it at that time; he resigned in March, thus the grant cancellation.

We began work on the LP/DU with an advantageous partner. The development of PP1 was shelved along with the grant money by the more pressing prototype presumably funded by SCHOTT’s JDA. Matching grant money couldn’t compete with the new partner’s glass, free of charge. Simply stated, grant money couldn’t provide what we needed to advance. We took the opportunity with no regrets.

Fruits of the SCHOTT JDA are in the current patent application.

The only thing remaining is the development of an optimum image space material to complete TP3... if that’s still in the cards. Otherwise, the LP/DU2 via a JDA with a display firm and SCHOTT will fulfill our image space needs. And when that happens, whose name do you think will be first on the list of inventors of our next patent application?