Replies to post #35858 on Coretec Group Inc (CRTG)

[Clonefan]

Pegs1, Management is not starving, the General and Administrative costs for the first 3 quarters is almost $770k, and the bulk of that is salary expenses. They are getting paid handsome salaries for delivering squat to shareholders. No revenue recognized in the first 3 quarters of 2017 either.

[twaflyer1]

pEGS1, it what has been written by a regarded poster is true, Gelest stopped production due to the second payment of about 140,000 dollars has yet to be paid by Coretec?

If Kraft and the boys have such a great product, they should get together and pool the money for that second batch!

Money is always a consideration, especially since CEO's want to live a fairly "Opulent," or decent way of life, despite the Co' costs? I know of only one CEO in my batch of P-Stocks, who decided to forego ANY salary, and who continued to work in his father's Insurance Company until he sold-out for peanuts! Well, if a person wants to drain his bank Account, that's fine by me, but Kraft and the other people, if there are any left, can't live lives of even the lower Middle Class, if they are serious about their Business and the CHS!

Where is all that money coming from Pegs, and the only way to pay in a healthy way is to pay by Company $ proceeds, of which there seem to be none at this time, and probably lasting for some time in the future the way it looks now? Depending upon Loans and bank Accounts to live on, even selling shares, is a tenuous way to proceed!

Does anyone have any idea as to the Gelest payment schedule and if it is proceeding or not? GLTA....