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Friday, 09/04/2020 1:01:22 PM

Friday, September 04, 2020 1:01:22 PM

Post# of 42604
CEO posts "Coretec's Revenue Strategy " on website blog. CEO said that revenue will rely on either the sale of a license or the sale of the product. He said that negotiations of revenue will happen next year after the chs samples are received by customers. Licensing requires upfront fee followed by royalties over years. General fees can reach a million dollars. Royalties have a wider range & depend upon the application. Coretec is looking into creating exclusive license. In large applications, customers will attempt to acquire the company in order to maintain exclusivity. There's a possibility of Coretec being acquired.......
I feel that this is the goal of the CEO. Coretec to be acquired by another company. CEO's resume revealed, that he built small million dollar companies into billion dollar companies. This is his forte. What does this mean for investors, I don't know. So I'll have to do some research on that subject.......
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