Replies to post #42004 on Coretec Group Inc (CRTG)

[iamthe walrus]

What i dont understand is why anyone would want to sell shares now until at the very least they learn more about the kind of revenue Core Optics has now and what kind of orders they have in the pipeline to be shipped out to customers. Also who are those customers that are using and recieving next orders . On their web site they list Apple , Meta ,Ford and others as partners >>>The link to the explaination of their mobile phone testing equitment is impressive .

COLLABORATION EXPERTISE: A LEGACY
Over two decades, CORE OPTICS has developed an impressive portfolio of advanced testing methodologies and a deep knowledge base, thanks to our collaborations with both niche businesses and industry titans like Samsung, Apple, Meta, Hyundai, Ford, and Lucid. [/b]These partnerships have not only broadened our expertise but have also reinforced our reputation as a beacon of innovation and reliability.

https://www.coreoptics.us/smart-phone-testing
https://www.coreoptics.us/automotive-camera-testing
https://www.coreoptics.us/mobile-camera-testing

[iamthe walrus]

Core Optics web site lists a Michigan number for the USA company office and they list Ford as one of those collaboration / partners on their web site so it makes me wonder is Ford using or going to recieve . Cote Optics may be chosding to go public through this merger because they feel like not only can they meet the requiements to uplist to a senior market , perhaps AMEX or Nasdaq , but also because they feel like 2024 is going to be a breakout year for them and see it as a good time to become a publically traded company. They just became a Virginia limited liability company July 19 2023 so they could get traction in the U.S. and opened the Michigan office . They will become a Oklahoma Corp soon at close since thats where Coretec is incorporated . This of coarse this all started here in Tulsa when Martin Keating started First Keating Corp in 1995 and became 3Dicon in 2003. I think the best is yet to come !!

[iamthe walrus]

You mentioned Amprius i followed them for years before going public ..they did sell off after the IPO like so many IPO companies do in these type sectors but thy didnt have any revenue and they had a lot of R&D to do to get there.. They new their value was not there yet .Core Opics has revenue but yed those guys with the company are like shareholders of the CRTG who have been holding shares foy many years and just want some kind of profit on their investment , people tired of holding . So you might see a lot of selling if this stock goes much higher , even 20 cents you could see selling . I do think that the combined companies will do a lot of PR about Core Optics products and revenue whenever they are allowed to to get the word out and try to get the stock price up to the new value of this new company . 437,000 shares trading out of the gate this morning .Looking for press release on call thursday so we can sign up !!

[iamthe walrus]

I dont believe any insiders in the new company will be selling any shares on the OTC markets if they know they can get the company listed on a big exchange . That would be counter productive and send the wrong message about the comments in the press release about the companies believe they will quaify for a senior exchange . I know i would rather sell on the Nasdaq etc.. than the OTC if i was an insider with a lot of shares . I see no selling on the OTC markets by them .

from the press release ...the combined company will continue to operate under the name The Coretec Group, Inc. and trade under the ticker symbol CRTG, before pursuing uplisting to a senior exchange when it believes the combined company can satisfy initial listing requirements. The Closing of the transaction is subject to customary closing conditions.

[iamthe walrus]

So CRTG is trading at 2 cents today and the company just said they believe they , " can satisfy initial listing requirements " on a senior exchange then CRTG id say is a buy at 2 cents ..And we seen what the initial requirements are and if they meet those they must have good revenue .THIS IS A BUY BASED ON WHAT THE PRESS RELEASE SAYS IN MY BOOK !!

the combined company will continue to operate under the name The Coretec Group, Inc. and trade under the ticker symbol CRTG, before pursuing uplisting to a senior exchange when it believes the combined company can satisfy initial listing requirements. The Closing of the transaction is subject to customary closing conditions.

Core Optics maintains numerous customer engagements with some of the top mobile device manufacturers in South Korea and throughout the world and with prominent automobile manufacturers including EV makers, as well as global commercial activity in other verticals. Core Optics is revenue producing via a CCM testing product line that has historically produced healthy profit margins, and maintains a pipeline of orders with an expected trajectory for high-growth.