Replies to post #45588 on Coretec Group Inc (CRTG)

[iamthe walrus]

I do think that XTomorrow , XT Equity where Coretsc people come from are high class companies . Coretecs Mikael Ussary is always been tied to good things including ons of President Reagans Administration as well as Birge Watkins another high class person . Coretec has great people with great track records. Also i see Quantum wealth Management and Axios a good companies . Everyone Coretec has been involved with is of good reputation in business.
the problem spring from bad actors in some of the Korean companies they have gotten involved with . Korea has been trying for a while to clean up coruption in their country in many ways . The media spins us as questionable but we are the good guys who want to bring good to these businesses like Ismedias CCM business and Kib Plug Energy . We are just working in a tough environment to do business and we are trying to link Korea businesses to better markets to bring prosperity to the companies and growth. Our guys who have ben a Xtomorrow and XT equity and tired to many other successful ventures are definitly the good guys getting a bad spin out of all this . Michael Ussary jas been one of the great leaers in growing businesses for years and bringing properity to impoverty stricken countries. He lead a group to take over a poorly fun oil and gas company in Romania in debt and they sold it for 4 billion dollars several years later.
To me that news article i posted just shows the suspisions and mistrust of outsiders doing business with the US and highlights the mistrust and legal problems that has taken place in Krea in some of their companies .

Our guys looks to me take those companies that are poorly run and turn them around for good . Thats ben their expertise for yeaes especially guys like Mikael Ussary a class operation as well as Birge Watkins and i think Seon Kim as well. Just because they got acussed of something doesnt make them guilty especially when you try to take over a poorly run business and turn it around the old guys who didnt run those companies well will not always except anyone coming in to take over from the outside . thats not unussual as they will do everything to make you look bad and block the new guys and their investors which isee as happening here serveral times with different alreadt troubled companies in Korea as they say hey we dont want your help go home and dont take my job from me so they fight you even if they have to smeer you . Thats what looks to have happened with Coretec and QWM and others.

Notice all lawsuits against Coretec in Korea got dropped as there was no merit to any of the cases. That says it all !!!

[Juststoppingby]

I agree with you on reputational baggage, and it is easy to see it that way when the company doesn't give public updates. That allows the opposition to smear you and make the company/management look unethical.
And that is precisely what happened in the acquisition of DKME Co., Ltd. It wasn't until Quantum Wealth Management (QWM) publicly stated its position on the DKME.us website that things changed, which halted the delisting of DKME Co., Ltd..

If Coretec is currently interested in acquiring DKME Co., Ltd., it will need to acquire the company completely to gain total control. However, the only way I see that happening financially is if Coretec can commercialize/license Endurion battery technology and become current with SEC filings. The management would already know by now if that is happening.

A company making 70 million plus in revenue, and some company acquires it for 100 million or less, sounds like a pretty good deal to me.

One week from this coming Tuesday, it'll be 3 months since their last 8-K, where they said they were going to prepare and file the delinquent files, and they have publicly not come out once to update us on their progress.