Coretec Group Inc (CRTG)

[Clonefan]

That is because the Common and Preferred B Shares are Maxed Out! The reverse split will take care of common shares come June and the dilution pattern will resume as 3 notes come due in June 2017. They are borrowing to pay off what they have already borrowed plus interest. Sounds like a scam to me.

Preferred stock, Series B convertible,6,600,000 shares authorized; 6,558,345 shares issued and outstanding

Common stock, 1,500,000,000 shares authorized;
1,481,754,533 shares issued and outstanding