Coretec Group Inc (CRTG)

[scmfinance]

Maybe the context of the full sentence will help you better understand...

The primary objective for 2011 is to develop, produce, and gain FDA approval of a prototype CSpace single-color video display, in the form of a dome or alternately-shaped transparent enclosure not less than 8” in diameter, which can be viewed without operational safety controls (eg, goggles), in moderately-bright room lighting, uniformly over 360° and from the top. The prototype display will satisfy the requirements of ISO 9241-303 for single-color direct-view displays.

Do you see the words "develop" and "produce" before "gain FDA approval"? It does not say, "We have developed and produced a prototype and will now be seeking FDA approval."

And again, it says it is their "primary objective." It does not given any indication that it will DEFINITELY occur.