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Re: None

Thursday, 08/15/2019 2:31:56 PM

Thursday, August 15, 2019 2:31:56 PM

Post# of 42854
Pegs , Coretec has been getting financing for one through thier existing relationships with CJNDL , Coretecs Board member Simon Caltons Company. You can take a look and see how much from more than one note they have with them Coretec has with CJNDL from the finacials if you look at the last 2 quarterly reports and the numbers , its all there , you can see they have been getting funding to move forward with thier plans.

During the six months ended June 30, 2019, there was $218,352 of net cash provided by financing activities, an increase of $215,910 or 8,842% compared to the six months ended June 30, 2018. The increase was a result of $245,000 increase in proceeds from note advances from related parties,
offset by a $5,325 increase in payments on our insurance premium financing and a decrease of $23,765 in proceeds from exercise of warrants.
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.
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