My thoughts are that maybe it doesn’t matter what the price is now, whether half a cent or three cents. Following the completion of the merger the price is going to find a new home based on the facts that are made public. Stats like gross sales, operating income, and the share structure will work to set a valuation on the company that isn’t dependent on the share price ahead of the closure of the deal. Agree or disagree???
I think what matters most right now is that CRTG has a pending merger with a revenue producing company. The deadline for the completing the merger is June 30th. I believe there's a good possibility the merger will be finished prior to deadline. The pps really doesn't matter right now. Once we see the financials that Core Optics brings to the table, we will most likely no longer be trading in the pennies for long. I base this on the fact that isMedia showed earnings of $50 Million USD in 2019 from their CCM business. Core Optics LLC showed via the slides in the Shareholder Call that they shifted 78% of their business to CCM, which is now going to be a $68.5 Billion market by 2028