Coretec Group Inc (CRTG)

[BoomSoon]

Catch 22 approximately…

The following is a December 28 post from another website describing our recent bout with the PPS going south. With the apparent establishment of a four-month bottom and the chart seemingly poised for the first bit of positive news – business development news – our poster might be on target… I thought it was an excellent analysis. Boomer

“During the DTC chill (you can Google the definition) – which 3DIcon came through with no blemishes of the consequent investigation – 3DIcon could not get the nontoxic kind of financing it would like to have had because the market cap was dropping during the DTC chill… along with not being able to put any news updates during the chill by rule, this hurt the stock price as well. 3DIcon then had to get the toxic-type financing as an only resort for venture capital to finance overhead (burn rate) before we generate positive cash flow or receive government funding (grants) to finance 3DIcon’s development of CSpace moving forward.

“Toxic financing companies get their stock at a discount and then dump large volumes of stock to start getting their money back. As the price went lower it takes more shares to get their money back and puts more downward pressure on the stock. With the big week we had recently (about 40 million shares-plus traded) at higher prices, the toxics did okay, I’m sure. The questions remain: did they get all their money back we owed them and is 3DIcon free from these guys? Last week’s volume and PPS holding up sure made it look like the toxics are gone but are they? We’ll see.

“I believe 3DIcon will never use toxic financing again… let’s hope so! With good news and no toxics we could be moving higher.”