Coretec Group Inc (CRTG)

[Dreamer50]

You're exactly right. A R/S is really only negative if the company needs to continue issuing shares to sustain operations after it is executed. I don't believe that is the case here. I do believe a R/S is imminent, but that is not why I am not a big cheerleader for this move. In this case I am skeptical due to the unknowns of actual earnings, overall debt and cash flow post-merger, and additionally, because of the unknown terms of the options granted to CoreOptics. Does the new leadership execute a R/S and *then* dilute the new share base by issuing their new shares after the R/S is enacted? This would be worst case, IMO. That said, it is exactly what I would do if I were the new CEO. This way I have listed on the OTC exchange AND acquired the IP and effectively gave absolutely nothing to do it and hugely enriched myself and my buddies. Usher out all old leadership, and then effectively eradicate and overwhelm the voting voice of the pre-existing shareholder base. I do appreciate that many here have a much more optimistic viewpoint of this merger. I hope I'm wrong, but this all looks plain as day to me. That said, I still believe there is money to be made here above cost basis, so still holding. I just don't believe this will end up being worth the time I left this money tied up in this boondoggle.