Coretec Group Inc (CRTG)

[iamthe walrus]

Pegs ,Coretec said they are creating thier own IP , thier own CHS and with that they would have to file patents once thats done to own thier newly developed IP . If they have filed any patents those patents cant be published for 12 months but they could use the technology and market it, so you couldnt view the patents yet so we dont know if they completed any of that work or not.They should let shareholders know if any new patents are filied i would think. They are making thier own IP and they would own that IP. Im not sure how that whole process works in developing new CHS IP that they can market and "OWN" but it doesnt go thru NDSU, they said they are working with a new Major Chemical Manufacturer last summer :

From the May 3rd 2018 CEO update letter " Coretec’s new supplier of CHS is a major, highly respected chemical manufacturer. Terms of
that partnership will soon be announced, and Coretec is confident our new CHS suppler will
provide us with high quality, high purity CHS quickly, and we will attain superior application
results in our customer partnering efforts".

Two insiders putting money into the company the last 2 quarters would lead one to believe that Coretec must be making positive progress towards thier goals .The 20,000 dollar cost toward a feasibility study that was in the last 10Q was interesting as well. If they are in detailed conversations with companies they wish to possibly work with then i would think they have non- disclosure agreements with those companies and Coretec would have to be quiet about any on going talks they are having so shareholders will just have to wait to see how all of that turns out. Time will tell.

From the Feb 25th 2019 CEO Update : " We have surveyed the other options existing and are currently in detailed and confidential discussions with a major international supplier and potential distribution partner for our CHS."




From the CEOs Feb 25th, 2019 Blog

We have surveyed the other options existing and are currently in detailed and confidential discussions with a major international supplier and potential distribution partner for our CHS.

"I wish to emphasize “our CHS” as we are focused on building unique Coretec CHS IP." Michael Kraft


From the May 3rd ,2018 CEO company plan :

Coretec’s strategy, that of creating value in the application space listed above thru the use of
CHS, remains unchanged. We are confident that we can provide advantageous cost, industrial
scalability, and high quality CHS in the applications we have identified and others we anticipate
developing. Many applications where Coretec is focused can achieve superior cost and
performance by using CHS, and we are committed to developing additional IP in these
application areas through use of, for example, National Labs, government grants, and jointly
developed IP with our customers and partners.

https://d1io3yog0oux5.cloudfront.net/_0b61ae24f4d5c7cdf24503f60053e486/thecoretecgroup/db/216/1355/pdf/CEO+Letter+FINAL+for+distribution+2018+05+03.pdf
Pegs ,i believe they are still working on that plan and only time will tell how successful Coretec will be . AS i mentioned before and you can see in the 10 Q 2 insiders in the company have put money into the plan this last 2 quarters. The best is yet to come !