Coretec Group Inc (CRTG)

[Quikshft]

The outcome that would have caused the stock to rapidly rise would have been a partnership with a battery industry player and not even near the magnitude of someone like Ford. With the low float and relatively low OS we could easily have seen a pop to 30 or 40 cents. A dude on stocktwits was able to pump it to over 50 cents just a couple years ago on NOTHING but pump energy. So instead of a partner signing on to co-develop Endurion, we got bought out. On paper it looks like Coretec bought Core Optics but in essence Coretec has been handed over. We'll have no current board representation, we'll have no power of the vote (all the shares are in managements hands) and with the new share structure and as many as three billion shares outstanding there is no chance the stock can pop by a multiple 20 or 30 or 50 as might have been possible ahead of these developments. If they effect a reverse split and bring the stock price to perhaps two dollars? What would they then be able to do which would cause a rise to ten dollars? The current business might be growing but it is established and isn't going to fuel that kind of growth 'short term' with a fifty fold increase like we saw in the 3dicon days a little over ten years ago. I did not hear enough about Endurion today to be more than mildly enthusiastic. The call left us hanging - what happens next? They had announced the Partner Development Plan last August, but if I heard right that was about the time they began talking to Core Optics and the decision was made to sell instead of sign on partners in a public manner. Kappers did say something about having NDA's with various "partners" (I would like a definition of partner) and that they continue to receive unsolicited inquiries from various entities. They better get some upbeat information out there pretty quickly, the mood seems quite somber and I would say this call was not worth taking a vacation day to listen in on. Guess I'll go out and get some yard work done.