Coretec Group Inc (CRTG)

[Testpilot]

This was posted by BigDogJack on Stocktwits

"I don’t want to give away my background, but I know a lot about SBIRs.Glad to see they are pursuing a phase II SBIR. The big prize is getting to a Phase III SBIR , which could be the result of a successful phase II. A phase III can be sole sourced to the phase II recipient and that should be the goal of Coretec. “Phase III awards focus on the commercialization of work that derives from, extends, or completes an effort made in Phase I/II. A major feature of the SBIR/STTR programs, and incentive for small business participation, is that the agency receives a limited rights license in data developed under an SBIR/STTR award, which fosters a competitive advantage for the small business, as opposed to potential larger competitors, to achieve commercialization"

"A little SBIR effort can turn into so much more with the right innovation. Govt provides seed money and gets data rights to new tech and Coretec gets needed funding , the ability to have future sole source contracts with the govt with a goal of commercialization. Win-win for both sides. Not every SBIR is a winner but over the years, I’ve seen some small businesses hit home runs with an SBIR….add this to the stable of possibilities for Coretec"