Coretec Group Inc (CRTG): Reverse Split Coming for 12.5 Billion Sh...

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Coretec Group Inc (CRTG)

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Monday, 10/17/2016 12:57:25 PM

Monday, October 17, 2016 12:57:25 PM

Reverse Split Coming for 12.5 Billion Share Dilution.

Preferred B shares can start converting on 9/30/2017 per the recent filings. Reverse Split will be required beforehand to provide the needed share structure for these conversions to happen. 3DIcon and Cortec management will want their payday and will start converting and then selling common shares.

In the meantime, the company is broke and will need to dilute further in order to keep the doors open in multiple (3)locations.

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