Coretec Group Inc (CRTG)

[Testpilot]

The current outstanding share count was used to estimate a fair price for the stock. Here’s a simplified approach based on the provided information.

1. Revenue growth rate: 100% (from $8M to $16M)
2. Outstanding shares: 335 million

Let's use the Price-to-Sales (P/S) ratio method, which is suitable for early-stage companies.

Assumptions:
- Industry average P/S ratio: 5-10 (varies depending on the industry)
- Growth factor: 1.5 (due to high growth rate)

Estimated 2025 Revenue: $16M
Estimated 2025 Enterprise Value (EV): $16M x 7.5 (avg. P/S ratio) = $120M
Estimated 2025 Equity Value: $120M (assuming no debt)

Now, let's calculate the estimated fair price per share:

Estimated Fair Price = Estimated Equity Value / Outstanding Shares
= $120M / 335M
˜ $0.358 (or $0.36)

Consider this a rough estimate, as it doesn't account for various factors like:

- Industry-specific P/S ratios
- Net income and profit margins
- Debt and cash reserves
- Market conditions and sentiment
- Competitive landscape

Keep in mind that this estimate is based on simplified assumptions and should not be considered investment advice.