When the share agreement is finalized and Core Optics will be a publically traded company under a new name for them of course , The Coretec Group and trading under the symbol CRTG ..if someone wants to buy stock in the newly formed company it will be a company, The Coretec Group with products on the market in a high growth industry , revenue and 30 + more patents we will then see what happens to the stock price as the new company and new CEO take over .The stock price should move higher now in anticipation of a completed merger with a revenue generating company even if they get 750 million shares in the share exchange . But traders seemed unsure about this now .That doesnt bother me with a good revenue generating company with products on the market .They wont be selling those shares into the market i dont think right away they will focus on growing the company here is the USA and getting uplisted to a senior exchange . So at that time the oficially merger public company could have a much higher share price as a result of the revenue status that should increase the stock price thus a much higher valuation and market cap . We should see a higher stock price before that one would think in anticipation of the deal being finalized. Traders as of yesterday were like a dear in the headlights . If they do a reverse split i think they would have to give that some time and see just how the new companys stock performs , what price it moght trade at over a given period of time , perhaps several quarters . If they do a R/S it i dont think it would be more than 3 to 1 ?? 1.1 billion shares Outstanding ( excluding Armistice warrant not excercised yet ) I dont see a rush to a reverse split seeing the company has revenue. Small companies with no revenue in need of money do R/S often to lower share counts as they prepare to get dilutive funding to be able to operate . Core Optics has revenue and good margins and looks to be in good financial condition or this merger would have never takien place.
