Coretec Group Inc (CRTG)

[BoomSoon]

Read into it what you want…

and believe what you want… it’s your dime. But the June 29th 8-K says this:

Item 1.01 Entry into a Material Definitive Agreement.

As previously disclosed, in June 2016, Coretec Industries LLC, the wholly-owned subsidiary of The Coretec Group Inc. (the “Company”), signed an exclusive licensing agreement (the “Exclusive Licensing Agreement”) with the NDSU Research Foundation (“NDSU/RF”), pursuant to which the Company had sponsored North Dakota State University to provide research and to license certain technologies from August 14, 2015 to June 30, 2017. The Company was to provide compensation to NDSU/RF and NDSU/RF was to provide certain deliverables to the Corporation. However, a dispute arose between the Corporation and NDSU/RF regarding compensation and deliverables (the “Dispute”).

On June 29, 2018, the Company and Coretec Industries LLC (collectively, the “Coretec”) entered into a settlement agreement and general release (the “Settlement Agreement”) with NDSU/RF to resolve the Dispute, pursuant to which Coretec and NDSU/RF shall fully and forever release each other from the Exclusive Licensing Agreement and mutually release each other of all claims in connection therewith.

Pretty definitive to me.

We had to back away… and most importantly, they let us. We got lucky late-June.

And I haven’t heard word that Coretec was reinstated to another agreement with the Research Foundation after the Company was released… have you?