Coretec Group Inc (QB) (CRTG) Quote

Walrus
I’ve sent 5 messages to management asking for an update on the battery. No response not surprising! This tells me that investors are the low ones on the totem pole! It wouldn’t surprise me if an update doesn’t happen until next year! This management is totally disappointing. I was hoping for a management team with honor , honesty & mutual respect……. I guess that is in dream land. At this point I’m hoping to just break even ! Pray that the battery does exceptional in its data. That next years revenue is more than 16 million! But I do see a reverse split regardless. Maybe between 20 or 10:1 ratio if not higher. CEO needs to address investors on the commercialization of the battery ……..

Ditto.

I'm ready for the update

Today it would be 52,862,912 , . I see we're your coming from now . Point being to that I believe CRTG can reach 50 /70 million range in revenue in time with the switch to the auto industry . It may take a few years but they have a ton of room to grow.

Today it would be 52,862,912 , . I see we're your coming from now . Point being to hat I believe CRTG can reach 50 /70 million range in revenue in time with the switch to the auto industry . It may take a few years but they have a ton of room to grow.

Currency conversion today: 2024 Won 1.00 = $0.00075.
Currency conversion in 2018 Won 1.00 = $0.00092, the same year the financial report was for.
KRW Won - Korea Won to USD $ - United States dollar.
If you converted the revenue in 2018-19, this 77 billion Won would be more like 70 million U.S. dollars. The dollar is stronger against most currencies today than it was in 2018.

The way I view my CRTG investment now is as a new investment that started just 27 days ago. I bought into 3dicon a second time about 9 years ago before the merger with Coretec , that to me now is one investment and now with this share exchange agreement being finalized 26 days ago I have a NEW investment in a company with products on the market and revenue with blue chip company clientele to the likes of Sony, Samsung , Ford , Hyundai as well as others . This to me is a fresh new start and I'm excited about it and looking forward to hearing from the management ! I believe this will be not only a new investment but a successful one and I would like to see all shareholders do very well in this investment.

Thanks for looking that up !

They retooled these machines to be used for auto because they said this was a better revenue generator . So they done an amazing job getting the new machines produced and in just 1 yr they will make 8 million and jump to 16 million starting in 3 months and I think year by year it could grow to beat that 2018 revenues of 78 WON or 58 million US dollars . They wouldn't have switched to auto and retool the machines if they didn't see the auto CCM machines which have 12 CCMs creating more revenue that the Smart phone CCM testing machines . That 58 million came from smart phones

We should surpass that at some point

Thanks 77 billion WON n is 58 million US money

This was isMedia revenue for 2018: 76,856,196,412 Korean Won wish was around 70 million U.S. dollars using currency conversion at that time (1KRW = 0.00092 USD in 2018).
Screenshot:
https://investorshub.advfn.com/uimage/uploads/2024/9/18/hgxdnisMedia_2018_Financil_St_Screenshot_18-9-2024_9542_dart.fss.or.kr.jpeg

DART: https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20190401003600
You will have to translate this in your browser, and as you scroll down, you might have to retranslate it to English.

I see great potential in the new company and I believe positive things are on the way . Several things I like about the new company are for one the new management CRTG has also the CVM business is thriving and CoreOptics has stated they are a leader in this area also Core Optics said they have clieintel with Sony , Ford , Samsung and Hyundai as well ad Blue Chip companies ! Did you get that update ? Check it out ! That was on the news release Sept 22 2034 less than a month ago . That's GREAT news that they put out on the 22nd of Sept. Also. I like the fact that They stated the company expects 16 million in revenue in 2025 just 3 MONTHS away !!! Wow that's awesome . I really like the direction the company is going and can't wait to here from the new team !!! Have a great day !

I see great potential in the new company and I believe positive things are on the way . Several things I like about the new company are for one the new management CRTG has also the CVM business is thriving and CoreOptics has stated they are a leader in this area also Core Optics said they have clieintel with Sony , Ford , Samsung and Hyundai as well ad Blue Chip companies ! Did you get that update ? Check it out ! That was on the news release Sept 22 2034 less than a month ago . That's GREAT news that they put out on the 22nd of Sept. Also. I like the fact that They stated the company expects 16 million in revenue in 2025 just 3 MONTHS away !!! Wow that's awesome . I really like the direction the company is going and can't wait to here from the new team !!! Have a great day !

So much value that we cannot sell one share today because we are asking almost .02 cents. I guess I do not know where your coming from or are we the only smart ones that see all of this potential?? Not trying to be rude.... but no volume tells me there's no interest.

Ive been looking for the 90 patents held by Core Optics or the subsidiary Core Optics LTD in Korea . They are probably out there somewhere on a Korean patent site where they were first listed. Ill keep looking . Asking the new company to let us know where to fing all these patent filings now they are public would be a good question . There is a lot of value wrapped up in those 90 patents for CRTG now .

Ismedia never made 150 million . Their financials at Koreas Dart system has all their financials I posted an article from a Korean site the other day which showed 2021 revenue was 44 million or 55 billion WON. Their 2022 numbers were about the same . 2018 or 2019 might have been the best year ever where they had about 50 million in revenue. I've seen the posts online about the 250 million but that not accurate. If it's Post it again and I can show you way if you want me to . CRTG will make 4 million a quarter soon with good profit margins . That's better than zero revenue and no production or product and no partnerships and no money and looking for money that would dilute anyway . Now they have 90 patents not 3 and great partners and a future . Their talking to Korean battery companies only because of the merger. We had 140 million shares in the float before and the same today . Now with a much greater chance of multiple positive news stories the stock will have a better chance to move higher . The share structure changed but the float today is the same. Their guys aren't going to dump shares at 6 months besides that the stock will move by then and you can sell all your stock before that. I assume most own this at a 2 3 cents anyway if they bought those sub penny shares so you we will have a chance to sell above the 2 to 3 cents levels and shareholders who don't like the company now should have a chance to profit some if they choose not to stay in in the near future. St 4 cents I assume most are turning a profit if unless they didn't average down. As for me I think the with only 140 in the float with the new companies success they obviously are having with great production of their new auto testing machines I believe the stock will move much higher . They should communicate soon with a big comprehensive overview and roadmap for the future and financial numbers etc and a new website news releases etc soon as they just 7 business days on Sept 10 got the SEC filings done relating to share owners update which needed to be done . Great things ahead as CRTG will do very well !!!

Ismedia never made 150 million . Their financials at Koreas Dart system has all their financials I posted an article from a Korean site the other day which showed 2021 revenue was 44 million or 55 billion WON. Their 2022 numbers were about the same . 2018 or 2019 might have been the best year ever where they had about 50 million in revenue. I've seen the posts online about the 250 million but that not accurate. If it's Post it again and I can show you way if you want me to . CRTG will make 4 million a quarter soon with good profit margins . That's better than zero revenue and no production or product and no partnerships and no money and looking for money that would dilute anyway . Now they have 90 patents not 3 and great partners and a future . Their talking to Korean battery companies only because of the merger. We had 140 million shares in the float before and the same today . Now with a much greater chance of multiple positive news stories the stock will have a better chance to move higher . The share structure changed but the float today is the same. Their guys aren't going to dump shares at 6 months besides that the stock will move by then and you can sell all your stock before that. I assume most own this at a 2 3 cents anyway if they bought those sub penny shares so you we will have a chance to sell above the 2 to 3 cents levels and shareholders who don't like the company now should have a chance to profit some if they choose not to stay in in the near future. St 4 cents I assume most are turning a profit if unless they didn't average down. As for me I think the with only 140 in the float with the new companies success they obviously are having with great production of their new auto testing machines I believe the stock will move much higher . They should communicate soon with a big comprehensive overview and roadmap for the future and financial numbers etc and a new website news releases etc soon as they just 7 business days on Sept 10 got the SEC filings done relating to share owners update which needed to be done . Great things ahead as CRTG will do very well !!!

My pessimistic outlook really got a boost when I learned we were to become 20% of a company with a measly 8 million in sales. Would not have been bad and even positive if their sales were in line with their historic numbers of around 150 million. I was much too optimistic in this regard.

Sadly, it seems like much of the optimism that proceeded the merger has faded into pessimism. I still believe that the jury is out. Perhaps everything will be very different once we get a quarterly report or two.

Gary

I still wonder how they're going to make room in the approved share count for the conversions and dumping to commence? Hopefully we gain some clarity into the leadership's thoughts on this. I agree that there could be a huge amount of downward pressure on the stock that will rear its head after every few ticks upward, should this stock ever start to generate upward momentum. All we can do is hope for the best at this point. We don't even really know enough to engage in any real data-based speculation. GLTA

The only thing that matters is Endurion. With Core Optics we’ve gone from 300 million shares OS to 3 billion. The Core Optics business is never going leave this anything but a penny stock. Endurion has to gain acceptance in the market to grow the pps even if on account of basic speculative purchases by retail traders looking for a quick profit. They’ve given us almost nothing to be optimistic about save the 100% sales growth from’24 to’25, but those numbers are weak. If I made ten dollars selling junk on eBay and next week I planned to make twenty dollars that is great, but nobody cares. My pessimistic side tells me we’ll hear nothing until the lockdown period has expired and the insiders can sell into a good old fashioned pump. This company has a lot to prove and to me they have not started off very well. The reality is that the Coretec side is less than 20% of the company and they need us for pretty much nothing. I remain optimistic regarding Endurion and hope some of the old timers here will make out good, but there’s a lot of dumpers with a lot of shares that will compete in the next run should it happen.

Communication from company to shareholders! Is the management still breathing? How is the Endurion battery technology going? Are they still expecting Joint Development Agreements (JDAs), Material Evaluation Agreements (MEAs), and requests for material this year? Is it still working, and is somebody interested in it, or has it been shelved? How is the Core Optics part of the business going? Who are the real customers for their products and services? Are there any new customers? Is the Core Optics audit done? It looks like we are still in quiet times. If not, is there a problem? We know less today than we did earlier this year!

Oh, that’s easy to answer. The testing and commercialization of Endurion’s active anode material by a S Korean battery manufacturer, or one of the several automakers currently working with CRTG in the CCM calibration industry

Can someone remind me what moment of greatness that I am waiting for this month or year??

Taking a look at where the company is now its interesting read this story of where they came from with ismedia . They were really growing and had hit 50.5 billion WON is revenue about 44 million dollars . The stock was trading at 14 dollars in November , 2021

https://www.newsway.co.kr/news/view?ud=2023061315183466662

A couple of highlights from the article below which was dated July 14 , 2023 just 6 days before Core SS LLC and Core Optics were formed as Virginia Limited Liability Companies . and our new CFO at CRTG was in that meeting ...Also the article was 5 days before ismedia held a big board meeting and the next day Core SS LLC and Core Optics were formed ...Note you might need to convert this to english and there should be an english option top left part of the page and you have to scroll way down to see all the article because of ads etc ..

".Izmedia announced on the Financial Supervisory Service’s Electronic Disclosure System on the 9th that it will hold an extraordinary general meeting of shareholders on July 18.
At the general shareholders' meeting held on this day, in addition to the motion to dismiss former CEO Myung Joo-sung, a motion to newly appoint five internal directors was also tabled, including CEO Kim Seon-gi of Feast Global, Executive Director Kim Ho-seok of Izmedia, Representative Kang Seung-min of IzCCM, Director Terry Woo-seong-no of Irvine Asset LLC, and Director Kang Yong-don of Irvine Asia. "

"In November 2021, TPA Retail borrowed 913,062 shares of its stock from KNJ Invest Loan, using them as collateral, to secure 6 billion won in operating funds for Izmedia.
The problem is that a condition for the execution of the collateral was attached at the time of the loan, and that condition happened to be met. At that time, TPA Retail attached a condition that the collateral right would be exercised if the Izmedia stock price fell below 11,830 won. At that time, Izmedia’s stock price was 19,000 won, but it steadily fell thereafter." ( thats around 14 dollars a share and they had 44 million in revenue and were in the middle of good growth as a company before all this happened )

Pegs1

You’re welcome

Test Pilot
Thanks 🙏.

Sent you the last two clips from Joseph Prince on healing

Test Pilot
I sent another message to Coretec asking for an update. I’m going to call them on Monday.
Can u send me the last 2 sermon videos? What kind of miracles were witnessed? Thanks

Test Pilot
I sent another message to Coretec asking for an update. I’m going to call them on Monday.
Can u send me the last 2 sermon videos? What kind of miracles were witnessed? Thanks

Yes indeed. Sister Sergeant used to go for walks with Smith and talk about the Lord. She personally witnessed creative miracles occur while ministering with Smith

That's awesome . He was humble but so bold such an inspiration.

We need to talk some time soon. I was stationed at RAF Lakenheath flying the F-111F back in 1989 to 1992. I met Mildred Sergeant who hosted bible studies at her home in Thetford. She ministered with Smith for quite a while

I'll get through the rest of the book tomorrow . Tonight its Smith Wiggleworth , love reading his sermons and writings . Great stuff !

All of the info needed to cover the things to examine in those 18 steps we are missing about 90 percent of those items that we need to see. Id like to know more about these 90 parents CRTG now has . What is their value and how are they valued ? I did send off an email to the guy who wrote this book , sent it to his company , some type of fund he runs and told him I was reading his book and told him about CRTG and Core Optics . Hope to hear back .

I wholeheartedly agree. It’s just a matter of time

#6 on pg 75 Analyze balance sheets : examine assets , liabilities and equity to gauge its financial stability and leverage ratios. Look for a healthy balance sheets with manageable debt levels. When I look at ismedias financials from Dart they made as much as 53 million but some years , of the 5 they were public , they only made less than 20 million but always traded above 5 dollars a share and traded as high as 32 dollars . They never had revenues above 53 million range. I examined all their financials those 5 public years as they are stil available to the l public today . The year they made like 12 million ismedias still traded in dollar land. I truly believe CRTG will with revenues moving higher and press releases that are going to come out about partners who are all billion dollar companies the stock could trade to a dollar. I was following a OTCQB company that never makes more than 12 million a year and they trade at around the 75 cent range and as high as 1.88 . They have less OS Shares but they have solid partners and consistent profits margins. CRTG made a run to 50 cents and had Zero revenues TDCP had less of everything going for it and hit 3 bucks. I've watched plenty of pennies run way up who really have nothing going for them but CRTG is now partners with several billion dollar companies. That is part of the stability we needed. That draws investors Our float is about 140 million shares according to OTC Markets. That's not very high , this stock could make a big run up and should at some point. I expect it really fully expect it !

Yeah I concur. Here’s the question I asked Meta AI about the intrinsic value price ranges and the answer it gave.

Question for Meta AI:

A company has projected aggregate revenue of 8 million in fiscal 2024 and 16 million in fiscal 2025. The P/S ratio is not known but its industry is in the compact camera modules calibration technology. The current market cap is 17,718,922 Outstanding shares are 1,107,432,606. What is a reasonable valuation of the share price

Answer:

To estimate a reasonable valuation of the share price, we can use the Price-to-Sales (P/S) ratio of the industry. Based on the compact camera module calibration technology industry, a reasonable P/S ratio range is 2-4.

Let's calculate the estimated market capitalization for fiscal 2025:

Projected revenue (2025): $16 million
P/S ratio: 2-4
Estimated market capitalization: $32 million (2 x $16 million) to $64 million (4 x $16 million)

Since the current market capitalization is $17,718,922, which is lower than the estimated range, we can assume the company is undervalued.

To estimate the share price, we can divide the estimated market capitalization by the outstanding shares:

Estimated market capitalization (2025): $32 million to $64 million
Outstanding shares: 1,107,432,606
Estimated share price: $0.029 to $0.058

Considering the company's revenue growth and industry trends, a reasonable valuation of the share price could be around $0.04 to $0.06. However, please note that this is a rough estimate and should not be considered as investment advice.

I got it this afternoon. Pages 74 thru 77 list the 18 steps . I can see we need a lot more info from the company when I look at these 18 areas to examine so we can better determine if are undervalued and by how much. I do believe we are undervalued but by how much is what I am wanting to see get an understanding of. I do think the new company will hit on # 4 of 77. An interesting story about what happened to Amazon early on , pg 86 ,when the stock dropped from 113 bucks to 6 dollars but the company had incredible growth From in 2000 compared to 1999 but got hammered. Another chapter called , The stock is not the company and the company is not the stock , makes since to me as well Getting insight on those 18 areas to examine a company by reveals who the company is but the stock doesn't always say the same thing . But if we are now a strong company the stock should in time rise to fair value as the company shows quarter by quarter where they are in these 18 areas. The company doubling revenues from 2024 to 2025 is a good sign but how do all these other areas shake out ? We will begin to see more about just that I'm time.pg 75 # 6 is very important as the book stated that balance sheets show if a stock is way below its intrinsic value

Walrus,

I began reading (Value Investing Unlocking the Secrets of Long-Term Wealth Creation)

It’s an excellent read so far. Have you received a copy and are you reading it yet?

https://stocktwits.com/16driver/message/586077809

“The global automotive camera market is projected to grow from USD 8.81 billion in 2023 to USD 18.18 billion by 2030. Core Optics is strategically positioned to capitalize on this growth and has already established a strong foothold in the expanding industry.”

https://thecoretecgroup.com/press-releases/the-coretec-group-completes-share-exchange-agreement-with-core-optics/

The forecast growth of the compact camera module calibration industry is expected to be significant, with estimates suggesting a compound annual growth rate (CAGR) of 10.2% from 2024 to 2029 ¹. Another forecast suggests a CAGR of 11.96% during the same period, with the market expected to reach $145.99 billion by 2030 ². The growth is driven by increasing demand for devices such as cameras, tablets, and smartphones, as well as advancements in automotive and healthcare technologies ³. The market size is projected to grow from $43.49 billion in 2024 to $102.03 billion by 2035, representing a CAGR of 8.061% 4. The compact camera module market is evaluated at $37.825 billion for 2022, growing at a CAGR of 13.56% to reach $92.145 billion by 2029 5.

Lots of different projections out there

https://www.maximizemarketresearch.com/market-report/global-compact-camera-module-market/35726/

Test Pilot
I’ve researched articles on forecast for modular cameras. They’re saying 10-11% between 2024-2031. That seems to be a small percentage in that market. So how’s Core Optic going to double their revenue next year? Am I missing something?…….

Companies generally don't institute a dividend until they've reached a stage of very mature growth, and they have ample, recurring cash flow to cover that obligation. As long as a company is in their growth phase they are pouring their profit back into investments like continuing/expanding R&D, or capital assets that increase production capacity, increase quality, or decrease continuing O&M. CRTG is a very long way from paying any sort of dividend, but maybe someday.

Companies pay dividends for several reasons:

1. *Shareholder return*: Dividends provide a return on investment to shareholders, rewarding them for their ownership and loyalty.
2. *Signaling financial health*: Paying dividends signals to investors that the company is financially stable and generating sufficient cash flow.
3. *Attracting investors*: Dividend payments can attract investors seeking regular income, such as retirees or income-focused funds.
4. *Encouraging long-term ownership*: Dividends incentivize shareholders to hold onto their shares, reducing turnover and promoting long-term ownership.
5. *Tax efficiency*: In some cases, paying dividends can be more tax-efficient than retaining earnings, as shareholders can benefit from lower tax rates on dividend income.
6. *Reducing cash reserves*: Distributing excess cash as dividends can help companies maintain an optimal cash balance and avoid holding too much cash.
7. *Meeting investor expectations*: Companies may pay dividends to meet investor expectations and maintain a consistent dividend policy.
8. *Industry norms*: Companies may pay dividends to conform to industry standards or peer group practices.
9. *Share price support*: Dividend payments can help support the share price, as investors may view the dividend yield as a relatively stable source of return.
10. *Balancing growth and income*: Companies may pay dividends to balance their focus on growth initiatives with providing income to shareholders.

By paying dividends, companies can demonstrate their commitment to sharing profits with shareholders, supporting their share price, and attracting long-term investors.

General question - What would motivate CRTG or any company to pay dividends?

In a reverse merger situation, the departing CEO may be able to opt for a cash settlement for services rendered instead of shares of stock, especially if the company is out of money. This is often negotiated as part of the merger agreement or separation agreement.

Here are some possible scenarios:

1. *Cash payment*: The departing CEO may receive a cash payment for their services, which could be a lump sum or a series of payments.
2. *Earnout provision*: The CEO may receive a cash payment based on the performance of the merged company, tied to specific milestones or targets.
3. *Conversion of debt*: If the CEO has outstanding loans or debts to the company, they may be converted into cash as part of the merger agreement.
4. *Equity-to-cash swap*: The CEO may exchange their equity shares for a cash payment, potentially based on a predetermined valuation.

However, it's essential to note that:

- The company's financial situation and obligations will impact the feasibility of a cash settlement.
- The merger agreement and separation agreement will dictate the terms of the CEO's departure, including any compensation or settlement.
- Tax implications and legal considerations may influence the structure of the settlement..

He could have opted for cash over profit percentage option...

I will contend he had no choice. From the preliminary numbers given by Core Optics they were nearly cashless. Coretec had to run out of cash months ago. $37,500 is a large cost for this company and would be a significant drain on reserves. It was take it or leave it in my opinion.