Coretec Group Inc (CRTG)

[Quikshft]

I re-read the item we received yesterday and my cynical side reared up as I digested this;

More importantly, Core Optics was able to publicly disclose its revenue projections, estimating $8 million in revenue for 2024, and $16 million in 2025 - an increase of 100%.

I think I would be cautious how loud I crow about those sales numbers. Our 330 million shares is currently 100% of the OS, and it is about to become 20% of the OS. (fully diluted) We will end up with one fifth the stake we have in the current company. Look at it this way, 8 million in sales for GM is about 150 pickup trucks. I am not convinced the combining of the two companies is going to immediately result in appreciation of the pps, but if Endurion is a hit in the battery space, the 80% Core Optics stake appreciates just as much as our 20% and current shareholders have borne the brunt of the risk in this company for many years. I’m curious what others views on this are, but it seems a sweetheart deal for Core Optics.