Coretec Group Inc (QB) (CRTG) News

Wow! What happened to the volume? I hope there’s good news before year end! I sent another message to management. But it disturbs me that no one answered the phone. Surely there’s someone working in the office……

Management is probably waiting till after the end of the quarter which ends Monday to give out any info . They may want to get their 3rd quarter financial business dealings so they can share that with the public , shareholders analysis etc which may help the company to get some good exposure. I would think they would do a shareholder call as well . I think it's best to be able to give a 3rd quarter overview . I bet they had a good quarter. That's what investors and potential investors and analyst want to know

While conducting R&D on silicon anode material, they (Coretec) discovered a new IP using an advanced coding methodology that can be used in other battery materials and non-battery applications, such as battery cathode materials.
That is why I mentioned this article about Hyundai and Kia. This new IP discovery might be used for the cathode synthesis process.

This is a quote from a different article about Hyundai and Kia.
“LFP battery cathode materials are generally produced by adding lithium to precursor materials like phosphate and iron sulfate. The South Korean vehicle manufacturers and their technology partners want to use the direct synthesis process, which simultaneously adds phosphate, iron (fe) powder and lithium without having to create a separate precursor. Hyundai says, in its statement on the project, that its approach of direct synthesis eliminates the precursor production step, reducing hazardous substance emissions during manufacturing and lowering prosecution costs.”

https://www.electrive.com/2024/09/26/hyundai-kia-work-on-new-lfp-cathode-process/

Pegs1

I may be wrong, but I believe CRTG is primarily concerned with the anode and designing it in a way to work with LFP and NMC cathodes. The Endurion project was already progressing into the pouch cell development and testing phase. CRTG is not trying to market an EV battery. CRTG is primarily concerned with utilizing the active anode material as a “drop in” solution to increasing energy density, cycling time, and shorter recharge times.

Test Pilot & Gunny
Don’t you think that Coretec would announce that Endurion battery was completed? Wouldn’t Coretec announce that the Endurion battery was being used in Hyundai & Kia EV’s? I don’t think that the battery is completed currently. It’s been a little over 1 month since ceo spoke to investors. Endurion was still being tested at that time. Even if Hyundai/kia had a sample of the battery, I would think that they would test it in their EV’s for at least 6months. I hope that I’m wrong…..

Gunny

That’s definitely a possibility. Others on this forum believe that may be the reason for no updates yet

Is it normal for a company to go this long after a major event without a press release and/or investor updates? My wife believes they may be in a quite period because of contract negotiations. Thoughts?

Here’s the quote made in the shareholder meeting in March from Matt Hoffman about using LFP and NMC cathode materials

Page 8 half way down:

“Our full-cell batteries have been fabricated utilizing two of the most widely adopted cathode materials, both LFP and NMC. Strong data results from Endurion and our focused to be a drop-in anode material, which combined with known cathode materials will make Endurion commercially successful as we go forward.”

https://investors.thecoretecgroup.com/static-files/74f2b7ef-845f-4b02-8b8c-51a8370ef2ce

I definitely see a potential connection. The LFP cathode was discussed by CRTG before and Hyundai Motor Co. and Kia Corp are currently working with CRTG for CCM calibration. We should get an update soon if in fact Endurion is involved with this.

We have been more focused on the silicon anode part of the battery.
In the last e-mail, they stated, “In fact, the Core Optics management team is currently hosting discussions with leading Korean cathode and battery developers, showing the diversity of and interest in advancing Endurion.”
It seems to me that Endurion battery technology is more than just silicon anode.

It's just a speculation on my part, but could this article have something to do with Coretec?

“Hyundai-Kia-battery material

SEOUL, Sept. 26 (Yonhap) -- Hyundai Motor Co. and Kia Corp., South Korea's leading automotive companies, said Thursday they have launched a joint project to develop cathode material technology for producing LFP (lithium iron phosphate) batteries for electric vehicles.”
https://en.yna.co.kr/view/AEN20240926001900320

In the Coretec Group Shareholder Call on March 14, 2024, they stated, “This work has also led to new innovations, specifically new IP in the form of an advanced coding methodology that will be utilized for Endurion and has the ability to be used in other battery materials and non-battery applications. We specifically wanted to call out this patent filing as it will be the primary asset that is underlying future licensing of this technology and value to the company as we go forward.”
https://investors.thecoretecgroup.com/static-files/74f2b7ef-845f-4b02-8b8c-51a8370ef2ce

In an e-mail on 04/16/2024, they stated, “The Endurion team’s work has achieved new IP in the form of an advanced coating methodology that can extend beyond just battery applications, which will be a major asset in the future licensing of the technology as well as the overall value of the Company.”
https://us6.campaign-archive.com/?u=ee4e8a3402a98572c5757cc61&id=a6e00f813a

And in the Patent # US-20240128439-A1, phosphate is mentioned a lot.
https://ppubs.uspto.gov/pubwebapp/static/pages/ppubsbasic.html

I was reflecting about good and great news on another stock, I thought it might be worth mentioning here. In reality, if you get great news from a stock once or twice a year you should do quite well. If it's good news even once a quarter it ought to be a profitable year.

I believe we're due for at least some good news, and perhaps it will be great news.

Gary

Critical metric in my opinion. If Endurion is only par with other batteries in energy density and other measures, but it lasts twice as long? Winner.

...and durability of the anode over time, as it stands up better physically to the repeated expansion/contraction cycles.

The active anode material from the Endurion project will be superior in power density, cycle time, and recharge time. The nano particles are the difference maker in shorter recharge times and the artificial SEI is the game changer in cycle time.

Test Pilot 🧑‍✈️,
Yes you are right in the consistency of those batteries. I was interested in the performance data. When Coretec releases battery data, you can compare it with the performance data of these battery competitors ………

I noticed all the battery manufacturers listed in the article are using micro particles, not nano particles like Endurion is. The other companies listed also are not utilizing an artificial Solid Electrolyte Interphase (SEI) like Endurion is. Nano particles and the artificial SEI are what separates Endurion’s superior active anode material from the other technologies currently in use with other companies

https://www.techinsights.com/blog/will-silicon-based-anode-technology-take-crown-future-high-energy-density-lithium-batteries

Here’s battery data for our competitors. Again Coretec isn’t listed. It could be due to a NDA as stated by Test Pilot 🧑‍✈️. It would be nice to have a little news though……..

https://www.techinsights.com/blog/will-silicon-based-anode-technology-take-crown-future-high-energy-density-lithium-batteries

Here’s battery data for our competitors. Again Coretec isn’t listed. It could be due to a NDA as stated by Test Pilot 🧑‍✈️. It would be nice to have a little news though……..

Only speculation on my part, but keep in mind that CRTG was receiving unsolicited requests for the Endurion technology from battery manufacturers in March and we may not see CRTG mentioned in these reports if they are partnering with a battery manufacturer that is not ready to release information with NDAs in place. Dr Kim mentioned in August that they are communicating with battery manufacturers in S Korea, which leads me to believe that the Pouch cell tests are moving forward in a positive way.

https://finance.yahoo.com/news/silicon-anode-battery-market-surges-141500990.html

Why isn’t Coretec listed as key player? We need exposure & news! Time is ticking!….

https://www.electrichybridvehicletechnology.com/news/berzelius-announces-breakthrough-in-battery-technology-with-its-high-capacity-pure-silicon-anodes.html

Interesting read….Any thoughts?

My thoughts as well. Two buy orders of 264,581 and 266,176 went through today @ .02 certainly seems like word is getting out.

Better volume than we've had in quite a while. Word is getting out even without an update which should be coming soon. Looking forward to the start of the last quarter of the year starting Oct 1st. We will get to see the first quarterly report in mid November. At the release of any kind of press releases or updates or new website the reality that we are a new company will start to set in.

Is anybody here looking for a job?
It looks like Core Optics added a new page to their website for jobs, and it looks like they're not done with it yet.

Jobs | Core Optics

Typing error lol

Walrus,

What are you referring to in regards to the
“Voreyev Group” was that a typo error?

It's obvious to me a R/S isn't a priority. Theres no reason to do one . It won't help them now do get on the bigger boards because they first have to have a certain amount of revenue over a certain amount of time. That's their focus . I think they are planning to come out with a shareholders update .. they were in talks with Korean battery companies , probably doing a new web site they have partners with blue chip companies they are doing work with they are growing fast . It's only been 27 days since Dr Kim made statements in the Aug 22 press release with an overview that included news about delivering products to Hyundai and other news. The Voreyev Group went longer than 26 days with the next updates at times it was 2 months . I'm confident we have stock in a good. Company with good management !

It's obvious to me a R/S isn't a priority. Theres no reason to do one . It won't help them now do get on the bigger boards because they first have to have a certain amount of revenue over a certain amount of time. That's their focus . I think they are planning to come out with a shareholders update .. they were in talks with Korean battery companies , probably doing a new web site they have partners with blue chip companies they are doing work with they are growing fast . It's only been 27 days since Dr Kim made statements in the Aug 22 press release with an overview that included news about delivering products to Hyundai and other news. The Voreyev Group went longer than 26 days with the next updates at times it was 2 months . I'm confident we have stock in a good. Company with good management !

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