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Friday, December 10, 2021 12:27:09 PM
I really hope Kraft is not mouthing words anymore, but can he deliver on his promises?
I was an enthusiastic Stock buyer when CRTG had an arrangement with NDSU, but when Kraft no longer was able to finalize an agreement with CRTG and the CHS product with potential Customers, I became suspicious of Management because they had the gift horse in the mouth when they Licensed the CHS, but it was all Salesmanship on the Part of Crtg and not substance, as the time period ended and nothing concrete was accomplished!
I only bought in because I thought CRTG had a solid agreement to back them up, but all the tradeshows in the world meant nothing once the NDSU agreement ran out! I had to sell to watch instead of daily reading the misleading statements and lack of movement! The CHS still has a chance to bring outstanding Mileage results to the Automotive Industry? But whether Kraft can fulfill his promises is an important question in my mind?
Does anyone realize where CRTG would be today, if maybe 5 years ago they had the money and expertise to install a really good Business? All the necessary testing would be completed to the satisfaction of the Auto' Industry, and the CHS would be on the short list to be placed in one or more of their Automotive products!
Hey, the Auto Industry isn't going to wait until Kraft muddles his way through R,D,& C'n processes!` It will be Penny Companies like CRTG who will suffer, as the Auto Industry always has other products to take the place of the CHS, and will continue on as usual? No one in their right minds will wait until CRTG is ready, as they will be forgotten in a heartbeat!! So, even if CRTG has a ready product like CHS, the guys will have to find solid Co's, hopefully in the Auto Industry, to accept CRTG and then re-start the rigorous testing procedures, before even seeing the CHS on a short list to become part of the Components in any car? The highly competitive A-Industry is not going to wait for anyone, only maybe buy the CHS product without CRTG's involvement, which showed faultiness for quite a while already! Can you imagine what would happen if the maybe the give-or-take 5 Automotive Co's who worked with CRTG for a while before the roof collapsed, were to see Kraft or a CRTG rep., knocking at the door again? Kraft has the guts to do it IMO, but when the Co' board goes over new proposals again, they would be mighty suspicious to say the least?
The Co' needs help, as do all Penny Co's, but they had better do something sooner than later! GLTA....
Recent CRTG News
- Form 8-K - Current report • Edgar (US Regulatory) • 06/18/2024 01:30:17 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/08/2024 01:31:20 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/08/2024 01:30:18 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/06/2024 09:01:32 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/14/2024 03:07:40 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/06/2024 02:51:56 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/08/2023 06:06:14 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/31/2023 10:43:10 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/31/2023 10:41:54 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/31/2023 10:40:37 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/31/2023 10:38:33 PM
- Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 10/31/2023 08:36:42 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/11/2023 12:24:21 PM
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