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Re: $Pistol Pete$ post# 245617

Friday, 09/20/2024 10:33:23 AM

Friday, September 20, 2024 10:33:23 AM

Post# of 246413
CRTG completed it share exchange agreement with Core Optics Sept 22 2024 . Core Optics projected to make 16 million in 2025 in just one year since they formed July 19 2023 as a private company but now officially public company through the merger The Coretec Group did not have any revenue or products before this merger with CRTG but now have revenue and 90 more patents . The new management should start communicating with the shareholders soon . I believe that the company which is still trading at .015 cents as it did before the close of this merger is undervalued and heres why . Core optics has partnerships with . The company’s distinguished clientele includes Sony, Ford, Hyundai, Samsung, and other major blue-chip companies. and this from the news release Sept 22 https://thecoretecgroup.com/press-releases/the-coretec-group-completes-share-exchange-agreement-with-core-optics/
" As part of the acquisition, Dr. Seonkee Kim has been appointed Chief Executive Officer of Core Optics. Core Optics is a leading manufacturer of testing and calibration equipment for Compact Camera Modules (CCM) used in automobiles, cell phones, and various other consumer and business technology applications. The company’s distinguished clientele includes Sony, Ford, Hyundai, Samsung, and other major blue-chip companies.
This company , Core Optics is out of South Korea where its manufacturing plant is and last july 2023 bought the compact camera module machines from Ismedia which was delisted from he Korean Exchangr where it traded generaly around 10 th 15 bucs a share. Core Optics retooled the CCM machines to test and assemble the CCMs for mostly autos and less for smart phones as autos have 12 cameras per car . So the new machines are already producing revenue in its first year and will hit at least 16 million in 2025 . They have little debt if any and good profit margins ..finacials should be highlighted more when address shareholders soon as they havnt since the close . Core Optics and Core SS llc are Virginia limited liability companies and The Coretec Group CRTG is an Oklahoma LLC . Core Optics LTD is the Korean susidiary but all now under The Coretec Group . They recieved a lot of shares but are all locked up for 6 months and their are 140 million shares in the float . Looking for a good update soon and a complete overview of all the partnerships !! Again i think CRTG is undervalued

From the news release last month
Key Highlights:

Successfully developed the isCrown array system with full automation collimation for 8-degree and 15-degree FOV.

Initiated R&D for Mobileye certification, with completion expected by the end of next year.

Collaborating with Hyundai Mobis on the development of equipment for high-resolution camera modules.

Engaged in a PrePV stage PO process in partnership with Hyundai Mobis.

Completed the delivery of a mass production line for Hyundai’s flagship vehicle camera to a Tier 2 automotive camera supplier in Korea.

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