Replies to post #42666 on Coretec Group Inc (CRTG)

[iamthe walrus]

Also another entry of importance is , " Decision on Transfer of Tangible Assets " That explanation of this filing is at the top of this page https://englishdart.fss.or.kr/dsbh001/main.do?rcpNo=20231122000358

[Testpilot]

13. Plans for future corporate restructuring

- None


14. Other important matters related to investment decisions

1) “Total assets (KRW)” in “2. Transfer details” above is based on the consolidated financial statements as of the end of the fiscal year (December 31, 2020) prepared in accordance with the Korean International Financial Reporting Standards (K-IFRS) (Accounting Audit Opinion Appropriate) standard), and “Capital (KRW)” in “6. Counterparty” is the capital on the corporate register.

2) Of the total sale price, 14,405,784,719 won is the value of the land, and the building value is 6,733,933,091 won (excluding value-added tax).

3) The “Transfer Base Date” and “Scheduled Registration Date” in “5. Expected Transfer Date” above are based on the balance payment date, and matters regarding this schedule and sale price payment date may be changed according to agreement between the company and the transferee.

4) This disclosure is made at the point when the buyer's information is known after the buyer has paid the balance in the short sale procedure. .

9,300,000,000 South Korean won equals 6,714,956.19 USD.