Coretec Group Inc (CRTG)

[Juststoppingby]

Why am I leaning more towards Coretec Group still being involved in DKME?

It is possible because Coretec, doing business in South Korea, needed to remove its name from the DKME Co., Ltd. drama, which could have affected its Core Optics business and the introduction of Endurion battery technology.

I don't think you can solicit investment in preferred D shares to acquire a company and then turn around and say I don't want that company anymore, give me the D shares back.
We also don't know who the investors were in D shares through QWM.

In the Coretec Nov 14, 2025, 8-K filing, they stated.
“Additionally, holders of Series D Preferred Shares may elect to exchange their shares for shares of a third-party company, in the event the Company completes an acquisition of shares in a third party company, which may be publicly traded outside U.S markets.”
I can take it as they complete that by moving the shares over to DKME INC.

DKME Inc. is wholly owned by AOSSF I Fund, managed by QWM. Who are they?

“Investment Structure & Major-Shareholder Review History
Initial Indirect Exposure: In late 2024, QWM invested in Series D preferred shares of The Coretec Group Inc.(“CRTG”), thereby gaining indirect exposure to what was then KIB Plug Energy—now DKME Co., Ltd.

KRX Scrutiny: Early 2025, during its major-shareholder review, KRX questioned QWM’s eligibility based on CRTG’s delayed SEC filings, an issue unrelated to DKME.

Exchange Option Exercised: QWM exchanged all CRTG preferred shares for 52,862,216 DKME common shares, surrendering dividend and liquidation preferences to become DKME’s direct common-shareholder of record (22.3 % stake). QWM then formed DKME Inc. (Delaware) and contributed the entire stake—US $21.75 million—into that entity, even offering a three-year lock-up.

Capital Provenance: DKME Inc. is wholly owned by AOSSF I Fund, managed by QWM. Full banking records from U.S. and Korean institutions have been supplied to KRX.

LP Confidentiality: Certain parties demand public disclosure of all Fund LPs—an action prohibited under U.S. law (Investment Company Act §§ 3(c)(1), 3(c)(7); Delaware RULPA § 17-305). DKME Inc. and QWM will not violate U.S. statutes or investor-confidentiality covenants; a U.S. legal opinion can be produced immediately if required.”

Paragraphs 1 and 2 in this question and answers from the dkme.us website, in early July, tell me that Coretec is still involved. QWM would not care how they get their money back from the investment.
“Question 7. Since your company is a fund, are you willing to sell your majority shareholders' shares?
We are pleased to inform you that we are fully willing to sell some or all of our current shares if a competent strategic investor emerges who can responsibly lead the smooth operation of DKME Corporation and the creation of sustainable corporate value.

With regard to the change of majority shareholder included in the proposed improvement plan, if a new sound strategic investor who can hold more shares than the head office emerges through a future capital increase, or if a new majority shareholder emerges today who can take over all or part of the company's shares and exercise actual control over DKME, we will sincerely cooperate with them to ensure a smooth transfer of management through direct consultations.

Furthermore, if the sale materializes, we make it clear that we have a strong commitment to take responsible measures in accordance with legal procedures to liquidate our investment interests in the AOSSF I Fund at an early date and recover their assets.

In addition, please be aware that due to the recent situation in which we are concentrating our key manpower and capabilities to respond to the continuous inquiries from the Korea Exchange, we…”

To me, Coretec never really owned those shares in DKME; the investors who put up capital in D Convertible Preferred Shares were the owners, and Coretec managed it, and they still manage it today and will into next year.

Once they file their delinquent SEC files, we will know more.
Tomorrow, August 21st, 2025, will be one year since they closed the Share Exchange Agreement.