Coretec Group Inc (CRTG)

[Clonefan]

More Toxic Funding & Dilution Coming in October and 4th Quarter.

Coretec and former 3DIcon executives can start dumping 1% of the OS every quarter. The required filings will let us all know if they are in fact selling their converted shares.

The company has no revenues, no customers and needs working capital to fund operations, pay for matching grants and pay the management team their high salaries. Expect to see more toxic funding as mentioned in the latest quarterly filings.

http://ir.thecoretecgroup.com/all-sec-filings/content/0001144204-17-043012/0001144204-17-043012.pdf

We expect to fund the ongoing operations through the existing financing in place and through raising additional funds as permitted by the terms of Golden State financing.

Our ability to fund the operations of the Company is highly dependent on the underlying stock price of the Company.
There is no assurance that we’ll be successful in raising additional funds on reasonable terms or that the funding will be sufficient to enable us to fully complete our development activities or attain profitable operations. If we are unable to obtain such additional financing on a timely basis or, notwithstanding any request we may make, our debt holders do not agree to convert their notes into equity or extend
the maturity dates of their notes, we may have to curtail development, marketing and promotional activities, which would have a material adverse effect on our business, financial condition and results of operations, and ultimately, we could be forced to discontinue our operations and liquidate.