Coretec Group Inc (CRTG)

[ccb]

They could do an RS at .02 or any other PPS, but you are right...it would not do them any good...we would still be a penny stock. If they give us any good substantial news that can get the PPS back to .10, they could do a 15 to 1 RS and the PPS would equate to $1.50. This should eliminate the problem with the clearing houses and make us more attractive.

My personal guess is that they will wait for a higher PPS based on the statement from the Shareholder Letter.

Other firms have created rigorous internal policies to discourage the deposits
of these securities or, in other cases, have set arbitrary price limits for denying the deposit of
shares, for example, a policy to reject the deposits of securities trading below a price of $0.10.
When there exists an uncertainty that the shares of a company’s stock can be deposited, the
company’s ability to raise capital is greatly restricted.

However, a 15 to 1 RS at .02 would equate to .30, meeting the requirement stated above. I still think they will want to have a higher PPS to make us look more attractive.
Hopefully, we will be able to gausge this better after the SHareholder meeting.
Bring on the news!