Coretec Group Inc (CRTG)

[Clonefan]

10Q Alert - Going Concern and Management’s Plans

The Company has realized a cumulative net loss of $3,121,555 for the period from inception (June 2, 2015) to June 30, 2018, has
negative working capital of $2,395,226, and no revenues. The Company has insufficient revenue and capital commitments to fund the development of its planned products and to pay operating expenses. These conditions, among others, 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.

They continue to spend money they don't have and keep placing more debt on shareholders. This is the worst 10Q in the history of the company. The Company is now on a month to month basis under the terms of the office lease.