Replies to post #42452 on Coretec Group Inc (CRTG)

[iamthe walrus]

Dr Kim said he was looking to start a big battery plant for one so those Series C peferred shares might come into play in that area . Not sure but its good to see that these shares are for companies as your article stated are for ;

" Strictly speaking, companies that aim to obtain series C funding are no longer startups. They are usually established, successful companies in their late stages of development, with solid revenues and profits. Their core products or services generate strong demand in the marketplace, attracting a substantial customer base."

We do know the company has plans to expand and grow WE are no longer a start up !!

[Quikshft]

Quikshftt - Coretec is a tiny development stage company that has somehow been able to acquire Core Optics which is a privately held going concern. I know the principals of Core Optics will want to be compensated for selling their company. I am trying to determine how this deal is advantageous to the Core Optics principals. Any insight?

ChatGPT - The acquisition of Core Optics by Coretec could be advantageous to the principals of Core Optics for several reasons:

1. Exit Strategy: Selling their company to Coretec provides the principals of Core Optics with an exit strategy, allowing them to realize the value of their business and potentially monetize their investment.

2. Access to Capital: Coretec may have access to capital markets or other sources of funding that could allow Core Optics to accelerate its growth plans, expand operations, or invest in new initiatives that were previously not feasible due to financial constraints.

3. Synergies and Growth Opportunities: By joining forces with Coretec, Core Optics may gain access to complementary technologies, resources, or distribution channels that can help drive growth and unlock new market opportunities. The combined entity may also benefit from synergies in areas such as research and development, sales and marketing, or operational efficiencies.

4. Public Listing: If Coretec is a publicly traded company or plans to go public as a result of the acquisition, the principals of Core Optics may see value in having their shares publicly traded, which can provide liquidity and potentially increase the value of their investment over time.

5. Strategic Vision: The principals of Core Optics may share a strategic vision with Coretec's management team, believing that the combined entity has the potential to create significant value for shareholders and stakeholders in the long term.

Overall, the decision to sell Core Optics to Coretec likely involves a careful assessment of the potential benefits and risks involved, as well as consideration of the strategic fit, valuation, and terms of the transaction. Ultimately, the principals of Core Optics may believe that the deal represents the best opportunity to maximize value for themselves and their shareholders.