CRTG... With all the Interest shown at the Trade shows of yesteryear, it is apparent that what they had with NDSU CHS was good enough! Excuses, excuses, they tried them all, but were a master of none!
If anyone believes that Their (CRTG) version, WHEN FULLY DEVELOPED, will be better that what NDSU has in their hands, is living a life of MAKE BELIEVE?
The most plausible explanation I can think of is that when talking to big Companies, which KRAFTY most certainly did, they demanded much more than KRAFTY could provide? Doesn't that make sense? And they couldn't fulfill any of the Possible Company partners because they had NO MONEY to even satisfy the Supplier, let alone the large Car or Industry Co's?
Then the NDSU contract ran out and KRAFTY made an appeal for more time, which NDSU thought; "This CRTG Company is not what we hoped it would be, so we had better just let them go, as they will probably screw-up any chances we have to commercialize our CHS?" How could a small Company like CRTG obtain the millions to continue the Commercialization process...
from us Investors NO, from common sense LENDERS no... from Grandma's Piggy Bank NO, so why didn't KRAFTY and the Boys and Girls refer to this latest Lender to obtain the funds that were so sorely needed at the time? Seems awfully strange? Now that Lender is going to take an ever greater risk by giving them "SEED" money now, with the prospects looking NIL at the moment because the CONTACTS KRAFTY lured-in, were interested in what NDSU had, and not what CRTG had solidly in their hands, which is HOT AIR and nothing else?
KRAFTY and the Board Members got the drift of it and said; "Ah hah, they (The Trade show contacts,) want us to have a Patent flashing before their eyes before they even talk to us anymore?" So now CRTG seems to have a lender who listened to their foolishness, and provided a $2.5 million dollar loan for a version of the CHS that is years down the line, and that is a generous thought, as NDSU will probably contract their CHS Patents to newcomers who are more prepared to handle the problems and difficulties much better than CRTG did, and leave CRTG scrambling to finish a product that others will have already brought to market? This Business climate is a cruel place to be in, as anything worth anything will finally be discovered, leaving CRTG at Ground ZERO once again? Patent Hunters are out to find usable Products, and once they realize what the NDSU patents offer, they will grab them without hesitation?
Right now, desperation seems to be setting in, so expect a lot of new ideas coming out of Crtg's Reps' mouths, just to find sustenance money? The boys at the top are doing what they can to survive, and had a gift Horse in their hands with the CHS product, but just was too much for them to deal with IMO??
That talk about the CHS not being scalable due to some defect is total nonsense, as the Patents showed a really sound Chemical base to them, and they just will not admit to their failure? For CRTG to use that tactic is just ignorance... then to think that they could do better is another Pipe dream that must be thrown into the garbage can, as their expertise, if they have any at all, has nothing to do with Chemistry, yet some still tend to believe in every word they say?? I am sorry for being so harsh, but this is a DIRTY area to invest our money in, so we had better be careful as the Sharks at the top have no thoughts of us whatsoever, and will say whatever is inside the laws, and that I also question? I wish all of you the best, but Number one in my mind is management, and their ability to handle the stresses and strains, money strains in particular? They often live in a Dream World, and we should really consider if we can trust them? IMO...
