Coretec Group Inc (CRTG)

[Clonefan]

No Revenues in first 9 months of the year is not a good thought. Especially, when they projected $500k revenues in 2017. It is not looking good for shareholders. Golden State, Vic and Simon are getting huge interest returns on their cash/convertible investments in the company. That is also not good for the company or its shareholders.


The Company has realized a cumulative net loss of $2,192,919 for the period from inception (June 2, 2015) to September 30, 2017, has negative working capital of $2,319,578, and no evenues. These conditions raise substantial doubt about the Company’s ability to continue as a going concern for a year following the issuance of these condensed consolidated financial statements. The Company has insufficient revenue and capital commitments to fund the development of its planned products and to pay operating expenses.