Coretec Group Inc (QB) (CRTG) Quote

It looks like Michelle Tokarz is no longer with Coretec from her linkedin page. Shes with a start up that has its office also at the Michigan Innovation Headquarters ( where Coretec is located ) called Interplay Bio. Thank you Michelle for your great service to the Coretec group !!! Such a huge part of the success of the company !!! WE love you and i wish you the best at Interplay Bio !!!

Michelle Tokarz Interim Chief Executive Officer. https://www.interplay.bio/
Interplay Bio
May 2024 - Present 1 month
Interplay Bio is developing a screening tool to identify small molecule drug candidates for oncology treatments using PROTACS and molecular glues.

Michelle Tokarz
The Coretec Group, Inc.
4 years 4 months
Vice President Partnerships and Innovation
Oct 2021 - May 2024 2 years 8 months

681,778 shares on the ask at 0.02 now ..Is Armistice back ...Maybe they weren't out of the pre funded warrants quite yet ?? Or is someone who bought a million shares plus at .006 range trying to flip a quick profit .. Could easily be the case .either way its a " dumb " trade in my book before the merger closes . Oh well, they can sell when they please .. someone will probably pick them up .We will see if they dump at the bid if no-one does buy them at the ask

"Core Optics LLC proudly announces the acquisition of Core Optics Co., Ltd., previously known as IS CCM Co Ltd."

You posted on Stocktwits that you predicted Core Optics revenue be 100million. What did you base that upon? I hope that you are right too…[color=red][/color]

Grok is an A.I. that Elon Musk is rolling out. Seems much more capable than Chat GPT if you pay for a subscription. Chat GPT is unable to see events or information from about two years ago to current. Grok does not suffer this limitation. My son questioned Grok on IS Media earnings and here is what was produced;

Grok – Yes, there are earnings reports from recent years past for IS Media (now Core Optics). Here are the financial highlights for IS Media for the years 2021 to 2023:

**2021**
- Revenue: KRW 209.8 billion (approx.. USD 162.2 million)
- Operating profit: KRW 12.5 billion (approx. USD 9.6 million)

**2022**
- Revenue: KRW 222.7 billion (approx.. USD 171.1 million)
- Operating profit: KRW 14.2 billion (approx. USD 10.9 million)

**2023**
- Revenue: KRW 235.6 billion (approx.. USD 181.7 million)
- Operating profit: KRW 16.3 billion (approx. USD 12.6 million)

What’s not know is whether all this revenue can be attributed to Core Optics or if IS Media had other sources of revenue. Regardless, numbers like this begin to allow a person to determine the value of Core Optics as a company, and then estimae what the price of a share of the company will be.

Nice info on ADAS systems from Blackberry who is a partner of Nvidia . Core Optics is of coarse involved with ADAS systems so this is a very informative
https://blackberry.qnx.com/en/ultimate-guides/software-defined-vehicle/advanced-driver-assistance-system

What Is an Advanced Driver Assistance System?
An Advanced Driver Assistance System (ADAS) comprises a set of in-vehicle technologies that provide active safety information, driving interventions, and assistance with parking through an in-car human-machine interface (HMI). Information from cameras and sensors is combined with sophisticated software calculations to deliver assistance across a range of driving functions.

Article about Lucid and Nvidia relationship ...
https://blogs.nvidia.com/blog/lucid-gravity-suv-nvidia-drive/

Both models offer the future-ready DreamDrive Pro driver-assistance system, powered by the NVIDIA DRIVE platform.

DreamDrive Pro is software defined, continuously improving via over-the-air software updates.

It uses a rich suite of 14 cameras, one lidar, five radars and 12 ultrasonics running on NVIDIA DRIVE for robust automated driving and intelligent cockpit features, including surround-view monitoring, blind-spot display and highway assist.

Video about Hyundai and Nvidia relationship
https://www.nvidia.com/en-us/self-driving-cars/partners/hyundai-motor-group/
In what way would Core Optics be involved with Nvidia ??

KIA and Hyundai news about their relationships with Nvidia dont know if this connects Core Optics partnership with Nvidia ??? But its got to learn about these partnerships

https://www.nvidia.com/en-us/self-driving-cars/partners/hyundai-motor-group/

https://blogs.nvidia.com/blog/hyundai-ai-infotainment-nvidia-drive/?_gl=1*tbczq0*_gcl_au*MTI4NTA2NjEyNS4xNzE2OTI3OTg2

On Nvidias web site it lists their partners . Core Optics isnt on the list perhaps because its a newer partnership ?? but they do list Kia , Hyundai , Sony , Lucid , Zoox and Sony as partners of Nvidia , all of those companies are partners with Core Optics . So somewhere in the mix Core Optics is a partner with Nvidia as Nvidias symbol is listed on the slide that has all of Core Optics partners listed on the shareholder call presentation slides .
https://www.nvidia.com/en-us/self-driving-cars/partners/

May 29th 2024 ..Nvidia moves up and SK hynix moves up ...now we need CRTG to move up since Coretec will be involved with both companies in some capacity based on the slide presentation that lists each as a partner
https://www.koreatimes.co.kr/www/biz/2024/05/602_375424.html

Wow sweet !! I had not noticed that logo at the bottom of the slide until the other day . Nvidia is hooked up with SK hynix as SK is a major supplier of AI chips to Nvidia so ill have to connect some dots from Nvidia to Core Optics products as to how they are involved with each other specifically. It probably has something to do with AI , CCMs , sensor modules and semi conductors somehow as they all overlap in some way . Im sure we will learn all about it at the close of the merger.

If the merger were completed June 1st, I believe it's possible to reset their fiscal year to begin that date. Later they could change the date to what's normal. If that's not done, I wouldn't be surprised if they don't complete until July 1st.

Gary

I agree with you. I think Armistice and anybody else who was dumping large amounts of stocks is done for now.
They did say this in the last 10-Q filing.
10-Q - Financial Condition, Liquidity and Capital Resources
"Management remains focused on controlling cash while advancing its technology platforms and will continue to leverage stock-for-services whenever possible."

I don't believe there will be 1 billion shares outstanding right after the merger. The company can control the outstanding shares count if it wants to up-list to a senior exchange like NASDAQ. This share exchange agreement might be more about who controls than who owns what, so Core Optics will control 80% of the company, and we will be shareholders of both companies combined.

We should have at most two more weeks to go. I expect to get some news by the second week of June, possibly Core Optics revenue or a closing date announcement. The second week of June would be past 12 weeks since the audit was first publicly announced in 8-K on March 20, 2024.

Yes, it’s definitely Nvidia!

If you're talking about the green swirl, I believe that is Nvidia.

Boards been a little quiet lately as we all wait for the close of the merger. its been almost 3 months since the March 1 signing date of the merger should be getting close.

In the presentation from the shareholder call with Core Optics https://investors.thecoretecgroup.com/static-files/8e1fc454-94bf-4c4e-b3ec-e4f03b72cb8d. what company does the emblem stand for that is placed at the very bottom of the page where all the Core Optics partners are listed ? Its next to ZOXO

May we remember our fallen heroes this Memorial Day! Hoping for a merger closure on June 3rd!……

SIMPLY WALLST Sat, May 25
Weekly Report
Bob, the USA stock market has been flat over the past 7 days with the Electrical industry up 4.3%

Week 21: CRTG is up 95.8% this week, while the market is down 0.3%

I meant to say , who says they can't get the stock price up to get on a bigger senior exchange without a R/S. Time will tell but no worries here

I meant to say , who says they can't get the stock price up to get on a bigger senior exchange without a R/S. Time will tell but no worries here

I'm not concerned about a reverse split the company will have millions in revenue and I would think plenty of cash. Companies that run to reverse split as are start ups with no revenue and who run in low on cash. I believe they will get the stock price up nicely in time instead of thinking , oh gosh we have to do a 300 to one R/S so we can get up listed to the Nasdaq right after the merger closes. I believe they will see where they are price wise as the months go by . Ismedia traded at 5 bucks when they did their IPO and as high as 30 bucks. I think this company could do more than ismedias best which was 55 million or so in revenue as they have expanded into the more profitable auto business. I'm sure they will give a clear vision of the future plans of the company early on after the merger closes. Their shares are locked up for one year. Who can says to go see y be can't get on a senior exchange without a R/S if they churn out big revenue the first 12 months. . Soon we will know much more but at this time I think this stock is way undervalued.

Walrus
So if Amerstice buys 85million shares pushing the OS over 1billion after merger, would this cause more dilution leading to a potential R/S? Thanks 🙏

I certainly looks as if Armistice has sold all their pre-funded warrants a while back ..next stop for them is .08 cents were they have the option to purchase the 82 million warrants , 4.99% of the company OS Count limit at a time , which after the merger would be at least 40 to 50 million as we will have over 1 billion OS at that time . They will be under Rule 144 as I remember reading ...The 2.9 million probably won't get filled why not try to buy about 100 to 200 thousand at a time their was someone selling 250,000 plus this week but pulled it but a bid at that range price close to the ask would probably get filled .. Why show your hand as I watched the ask immediately went up to 0.29 cents when when the 2.9 million showed up earlier this morning at 0.0111. Coretec had 115,000 in cash March 31 now 2 months later cash is running low according to usual cash burn rate per quarterly reports unless they basically stopped the usual financial responsibilities like paying staff ( has anyone left the building yet ? ) amount other things ...great time to buy stock as I see it .

Somebody's feeling good about CRTG this morning with a bid size of 2,990,000 and a bid price of 0.011. Where are the sellers?

I do read stock twits posts for any new info out there or thoughts on CRTG ...Its a good site for sure to take in what other investors are saying about Coretec and Core optics ..I believe the revenue will be good .I see today the CRTG stock ASK and BID is moving up some

Walrus
My mistake no worries 😉……

I don't post on stock twits and I didn't predict 100 million in revenue .. I did say what if they had 8 to 10 million dollars in revenue in the first quarter as a combined company I think the stock would be worth more than .0075 ..you will have to show me the post... I do believe the revenue will be good with this line of products and Core Optics expanding into the auto business..can they hit 8 to 10 million in a quarter ?? Ismedia did that in one quarter and hit like 50 million plus in revenue in one year and I think Core Optics expansion to the auto segment could someday beat that

Walrus
You posted on Stocktwits that you predicted Core Optics revenue be 100million. What did you base that upon? I hope that you are right too….,,.

What to Expect From the eVTOL Market in 2024 and Beyond, Reports IDTechEx

https://timestech.in/what-to-expect-from-the-evtol-market-in-2024-and-beyond-reports-idtechex/#

Interesting logo, but it's on the IHUB forum website only. The CRTG home page still displays the original blue Octagon with a white C logo.

That's actually an obsolete logo from a time previous to the blue one currently in use. If you google "Coretec Group" and look at the images you can see the black/gold logo and the news items it is associated with are quite old.

Top of this page...

Im not finding the new symbol . Where did you see it.

Anyone notice the emblem change of CRTG? It has the Core Optics logo colors if not the actual Core Optics ACTUAL logo without the O in the center.

If someone wants to continue to purchasing stock in CRTG ,a start up R&D company with no revenue , and a share price below a penny knowing that at the close of the merger with Core Optics , a company who has millions of dollars in revenue , how ever long it takes , 2 more weeks or 2 more months , could be be a good thing since the combined company is probably going to have a stock price higher than .0075 as it is today . If the combined company has 8 to 10 milion its first quarter it should trade higher than .0075. Hopfully the new company has higher revenue than than but its going to be nice to have stock in a revenue generating company with the major companies that Dr Kim mentioned in the shareholder call . Looking for another shareholder call after close along with a lot of news releases and info coming out of the company after close and a new website .

Test Pilot 🧑‍✈️
That’s great news! Thanks for sharing this information! I still predict the closing will be June 1st!……,

That’s my take based on what I’ve read and the last PR we had from CRTG on May 2nd

That’s exciting! Maybe it’ll be done before June 30th!! So anxious to see the value!

Apparently, the merger is going through to completion as far as the financial institutions are concerned

What’s the significance of this?

CB Insights now with Public Company Data
An all-in-one platform for public and private company data, with GenAI to instantly reveal insights

https://www.cbinsights.com/company/core-optics

"Subsequent to the closing of the transaction, the combined company will continue to operate under the name The Coretec Group, Inc. and trade under the ticker symbol CRTG, before pursuing uplisting to a senior exchange when it believes the combined company can satisfy initial listing requirements."

Senior Exchange means Nasdaq Capital Market, the Nasdaq Global Market, the Nasdaq Global Select Market or any successor market thereto, NYSE Amex or any successor market thereto, or NYSE or any successor market thereto.

https://www.lawinsider.com/dictionary/senior-exchange#:~:text=Senior%20Exchange%20means%20Nasdaq%20Capital,or%20any%20successor%20market%20thereto.

Nasdaq listing requirements:
https://www.colonialstock.com/nasdaq-listings.htm

NYSE listing requirements:
https://venturelawcorp.com/listing-requirements-of-the-new-york-stock-exchange/

AMEX listing requirements:
https://invest-faq.com/american-stock-exchange-amex/

I've noticed huge sell offs beginning of each month. Thats why I said "Let's see what happens June 1." We won't see what the "real" PPS will be until the merger finalizes and the earnings are reported but until then the corporate selloffs dominate the price.

Walrus
June1 was my prediction. Gunny posted his prediction on May1. I predicted June1 as a response to his post. Sorry for confusion…

Did Coretec set a June 1st target date for the merger to be completed ? Where did we get that date . It would be nice to close by then for sure

14 days till June 1st! I hope that my prediction for merger closing comes true! Let’s go Coretec & Ciore Optics!!!!

Let's see what happens June 1. I'm realizing the corporate sellers don't give a rip what the price is as long as X is greater than Y and Z equals profit from fig g then they sell.

When ismedia had this line of products the news releases i found that outlined what the company was doing didnt mention Ford and i didnt see anything on Kia or hyundai. Since Core Optics has shifted to the auto industry which now accounts for 78% of their revenue we could see revenue that looks very good with perhaps a lot of product purchase orders as thy just stated they had a lot of back orders. As for those who think positve talk about The Coretec Group / Core Optics merger is " pumping " perhaps hasnt watched the shareholder presentation which lists all of Core Optics partners like Apple , Ford , Kia , Hyundai , SK Hynix , Samsung , Sony , Texas Inst. , Meta , Lucid , ZOOX , Analod Devices , LG Innotek . These are all big comanies with very established product lines who arnt going anywhere that Core Optics supplies product to . WHO NEEDs TO PUMP... As the price goes lower i see it as a time to buy a stock at sub penny with great potential that has low demand on the buy side because no one is paying attention to this stock except you and me. And accually there isnt really any selling dollar wise because no one is really selling much but whoever is selling van choose if they like to sell at the bid if they choose or sell cheap at the ask so what no worries . I see this as a buy when you look at Core Optics revenue that comes from as mass of blue chip companies . THE statement from the CRTG May 2 has nothing to do with pumping a penny stock ..JUST PURE FACTS . I SEE THIS CRTG AS A BUY... The CRTG ask yesterday was .0074 if it goes lower no worries . I believe the merger will be finalized and close so i see CRTG as a buy .

From the May 2nd news release , " As due diligence and integration efforts continue, Core Optics’ revenue has grown as the Company meets the high demand from auto manufacturers and blue-chip companies for its products. The corporate headcount has also grown, predominantly in manufacturing and engineering, to meet the demand and work through its backlog. "