Coretec Group Inc (CRTG)

[iamthe walrus]

The 750K is cash for Coretec is not a loan to Coretec but I know what you mean .I think they have the yield they want or Tozer wouldn't have loaned Victor some of the 750K he needed , he payed some cash for some of the stock part of it came from a loan the way the 8K reads. So if they have the yield they want they may have already shipped some of the materials out which represent revenue.They needed the 750K in part I would think to pay Gelest the money owed them so they could ship the CHS out. This deal is dated Nov 15th so ill bet Gelest has been paid and CHS has the yield they want and CHS is on the way out or about to be shipped. That's my guess but everything concerning this 750,000 dollars Coretec raised tells me they have some really good stuff going on or a guy like Tozer who used to be Senior Vice Prez of Citigroup/Citibank would not have loaned Victor any money even if he was given stock options. How long can the 750K and any revenue from CHS sales last is a good question but I think Victor would have invested enough to last a while to move things along in a significant way!