Coretec Group Inc (CRTG)

[iamthe walrus]

They are given shares to sell to receive pay back on the loan to Coretec as far as I understand . We will see if this payed back the loan to Coretec but that's how other lenders have done business with 3dicon before coretec merger . Since Coretec didn't have revenue that's the way loans are repaid by selling shares on the open market but in this case it was a private transaction to someone for a very large amount of money , 37.5 millions shares at a price equal to .10 cents according to the filing . This sell of stock is a good sign that someone would sink that kind of money in a small company with no revenue and a new product being shipped out to customers for testing in the next month .