Coretec Group Inc (CRTG)

[iamthe walrus]

Were you looking at documents ? from the DART repository of Koreas corporate filings web site ? We do know form Coretec that Core Optics purchased the CCM product line from isMedia. They sold it i believe to settle their accounting books /debt they owed .That was under the entry on ismedia called : Occurence of insolvency for debt payment . another was titled Decision on transfer of tangible assets most of that in Korean some english . In one of these documents from 12-11-2023 the amount of principle owed was 6.9 million dollars owed with interest about 7 million .Equity capital was listed under that as 38.7 billion WON or 28.9 million US dollars . ratio to equity capital was 24.03 % It looks to me they sold the CCM business to pay the debts owed and clean up their accounting problems . And we know Core Optics bought that product line . I found those under advanced search tab . I entered ismedia and on the date just put 2017 to present as they had gone public in 2017. ismedia has a shareholder meeting 3-29-24 according to documents . one entry heading was : Occurance of cause for designation as an administrative issue or delisting at the time of account settlement. Let me know what you think