Coretec Group Inc (CRTG)

[skitahoe]

Many discussions with those who could adopt our technology is a good step, but we really need one to contract to change their batteries to employ our technology. I believe the beauty of what we're doing is that no major modifications are required to use our media in current battery manufacturing plants. If I'm right about that, I would suspect that companies may just be using up stock they've paid for before announcing such a conversion.

I think I've mentioned looking to buy a 2025 model Mustang Mach E. My reason for waiting for the 25 is to both get the Tesla plug on the vehicle and the extended range with the faster charging battery that will take a full charge all the time. I will tie it to my solar system and have it provide power to the house in the same way a battery pack would. They'll also be making some styling changes. Of course all of this is just rumored to be happening, though a Ford rep at the LA Auto Show indicated that's what he believed was happening. I'm not in need of a car, so if what I want isn't available in the 2025 Mustang Mach E I'll either pick a different car, or wait until it is available. I believe the electric cars get better every year and I'd like one sometime soon, but it's not something I need.

If waiting a few months longer got me a car with our battery technology in it, I'd probably wait. I frankly believe that they don't want to announce major technical improvements too far before they put them on the market because they know people will wait. I know people waiting for the new Tesla Model 3 while their discounting the 2023 model dramatically, from what I've read it's worth waiting for if that's the car you want. The question is, does Ford, or anyone else, want to put our technology in the 2025 model, but not announce it until most of their 2024's are sold.

Gary