Coretec Group Inc (CRTG)

[Quikshft]

FWIW;

Key Threads in the Naver / DealSiteTV Article

1. The Core Names That Recur

Kim Seon-gi ? Previously identified as CEO of The Core Tech Group (likely a mistranslation of Coretec) and DKME.

Hong Pyeong-hwa ? Seen repeatedly in controversial/delisted firms (Heliatek, Izmedia, Zygle).

Minh Nguyen Le ? Linked to Axios Equity, Irvine Asia, Ismedia, XT ESS Fund, Zaycell, and Coretec.

Joseph Cohen ? CFO of XT ESS Fund, organizer of XtractCarb Corp., also shows up in Coretec-adjacent filings.

2. J&D / J&T (K-OTC company)

Originally a cosmetics/health foods firm.

Recently pivoted into activated carbon / waste treatment (coffee-grounds upcycling).

Big capital raises and convertible bonds flowed through groups tied to XT ESS Fund and Axios/Quantum—same circles Coretec has brushed against.

3. Suspicious Flows of Ownership

J&D’s major shareholders flipped around between Axios Equity Fund and Quantum Wealth Management (QWM), both connected in some way to DKME and Coretec.

Quantum briefly took DKME shares from Coretec, then passed them right back to DKME Inc.

This type of “in-and-out” transfer makes regulators and journalists nervous—it looks like paper reshuffling to clean up books or obscure responsibility.

4. Why It Matters for Coretec

The article lumps Coretec (mis-rendered as “The Core Tech Group”) into the same network of entities where shareholder identity, money flow, and governance are murky.

Even if Coretec’s Endurion battery work is legitimate, the surrounding cast (DKME, Axios, QWM, XT ESS, XtractCarb) all carry reputational baggage.

The lawsuit Coretec just dropped in Korea (against Choi Hyun & DKME) may have been part of trying to disentangle from this mess.

- For Shareholders

Optics problem: Articles like this feed the perception that Coretec is tied up with groups that recycle capital through questionable vehicles. That perception can damage trust, regardless of Endurion’s real prospects.

Coretec’s leverage: The more Coretec distances itself from DKME/Quantum/Axios/etc., the better chance it has to rebuild credibility. That could include resignations from DKME’s board and focusing investor updates only on Endurion.

What matters most is whether filings and audited financials finally appear—because that’s what forces transparency. Until then, rumors and Korean press stories will dominate the narrative.