Replies to post #42281 on Coretec Group Inc (CRTG)

[Juststoppingby]

I was looking to see if any of the assets that isMedia was selling got sold to Core Optics. I couldn't find any I could pinpoint what the assets were and who they sold it to. In the first half of 2023, they sold intangible assets worth around 68 million won, around $50,000, which is a non-physical asset like patents. I also saw a tangible asset that they sold/transferred a building and land in Korea but didn't have any name that I recognized.
isMedia Main Products & Services was CCM Inspection Equipment Business Division. IsMedia did business in Asian countries like China, Vietnam, and, of course, Korea, and they were expanding into India.
Core Optics is already in the Asian market. They will have more significant revenue if they expand further into North American and European markets.