Coretec Group Inc (CRTG)

[Juststoppingby]

I don't believe they have been delisted yet.
When the Securities Market Listing Disclosure Committee makes its decision (maintain listing or delist),
The KRX will publish an official disclosure on the KIND/DART system at that time.
This is standard procedure.

Doing Plan B now or after they get delisted is too late, plus it dilutes the minority shareholders and I'm sure they don't like that.

> How many more shares would be needed in Plan B (conditional third-party allocation) for a new investor to become the controlling shareholder?

Here is the clean, governance-grade calculation.

🔷 1. Current ownership baseline
After the reverse split (5:1), DKME will have:
- 47,396,308 shares outstanding
DKME Inc. (the largest shareholder) holds:
- 22.31%
→ 10,580,000 shares
This is the starting point.

🔷 2. What KRX requires for “control.”
KRX does not accept borderline control in a company with governance disputes.
For DKME’s situation (as seen on your Naver tab), KRX would expect the new investor to hold:
- At least 30% for minimal control
- Preferably 40% for stable control
- Up to 50%+ for absolute control
Because DKME is in a management-rights dispute, KRX will lean toward 40–50%.

🔷 3. How many new shares must be issued?
We calculate based on post-issuance ownership — meaning dilution must be included.
Let:
- T = current total shares = 47,396,308
- x = new shares issued to the Plan B investor
- Target % = desired ownership after issuance
The investor’s final ownership must satisfy:

🔷 4. Exact numbers for each control threshold
A. For 30% control
➡️ 20.3 million new shares needed

B. For 40% control
➡️ 31.6 million new shares needed

C. For 50% control
➡️ 47.4 million new shares needed
(essentially doubling the share count)

🔷 5. What this means in practice
✔ If DKME wants a minimal controlling shareholder
→ Issue 20 million new shares
✔ If DKME wants a stable, KRX-acceptable controlling shareholder
→ Issue 32 million new shares
✔ If DKME wants an absolute majority owner
→ Issue 47 million new shares

🔷 6. Which scenario is realistic?
Given:
- DKME’s governance disputes
- KRX’s scrutiny
- The need to show clear stabilization
- The minority-shareholder warnings on your Naver page
KRX would likely expect 40%+, not 30%.
So the realistic Plan B issuance is:

⭐ 30–32 million new shares
This would give the new investor:
- 40% ownership
- Clear control
- KRX-acceptable governance stability
And it would dilute DKME Inc.’s 22.31% down to roughly 14.5%

🔷 Final Answer
> Plan B would require issuing roughly 30–32 million new shares to create a KRX-acceptable controlling shareholder.