Coretec Group Inc (CRTG)

[iamthe walrus]

Both Simon Calton and Victor Keen are part owners of Carlton James who loaned Coretec 2.5 million dollars . I would assume the shares which are being sold out of their position with Carlton James , not there person holdings , are being sold to pay back the loan with Carlton James . Principle or interest I don't know but they aren't selling their personal shares owned outside of Carlton James. Doug Freitag , new board member , made a great statement that Coretec potentially could make the United States more competitive and less dependent ( vs overseas businesses), that's means he thinks this new CHS material could have national impact on the applications we are looking at.

“I am thrilled to join the board of The Coretec Group. The company has created products with great potential to disrupt a market overwhelmed by demand and they continue to expand their intellectual property,” said Freitag. “I look forward to helping a domestic company who has the potential to make the United States more competitive and less dependent.”


Thats a big statement from a materials expert !He worked and managed for Lockheed Martin for years and his team created 2 billion dollars in new missile sales .Not bad now he owns Bayside materials and hooks companies up with Gov projects and Gov funding . Lockheed as you know makes products for the US military as well as others .