Coretec Group Inc (CRTG)

[iamthe walrus]

Obviously they are ramping up spending for some reason to fund thier on-going plans. Michael was clear they were in talks from the Feb update with 2 companies and the $20,000 dollar feasibility study doesnt happen unless you have the prospect and doing something on a fairly large scale .Who knows exactly what Coretec is attempting to do but they are clearly working on a plan that is fairly large it seems to me based on paying 20,000 dollars for the report .

From a study on feasibility reports :

The price of a market feasibility study depends on variety of factors, such as regulations (highly regulated or unregulated), competition (high or low), market trends (positive or negative), project scope (narrow or broad), or politics (a new school is usually a highly charged political issue, whereas a new computer technology might be politically neutral). A few examples illustrate the range of possibilities: feasibility study pricing for a $5 million national technology roll-out might range from $15,000 to $30,000; feasibility study pricing for a $20 million school might range from $30,000 to $60,000; feasibility study pricing for a $500 million real estate development project might range from $35,000 to $70,000. Note that these are “typical” numbers; actual prices could be above or below these ranges.