Coretec Group Inc (CE) (CRTG) Share Price

I wouldn't say we have a heartbeat because CRTG was never "in critical condition." They are just entering into reporting territory unknown by anyone in the current structure of this company. I have set an internal "alert" for March to start looking hard for a comeback. That doesn't mean they couldn't return to open trading earlier I'm just not optimistic about it. With the $4mill+ investment we just saw and the aquasitions recently made I see the chess board being set nicely for a win. I'm still telling people to set aside some dough to invest rapidly when CRTG starts trading again and that's what I'm doing personally. All around like what I see. Great leg work and analysis for all involved. Steaks are on me for anyone who sticks around after the investors celebration meeting!

From the 8 K Nov 14th involving the Series D subscription agreement clearly shows 2 different reasons for the late 10Q filings. " My friend who does ffinancials agrees there are 2 different things holding this up and the Series D stock sells and the recent corporate transactions of acquiring of Kib stock is definilty a challenge to go along with the Share Echange which happened 5 months ago ( NORT RECENT ) tranactions .

However, 1) due to complexities resulting from recent corporate transactions 2) including the share exchange, there is a risk that certain future filings may not be timely. Please refer to the Risk Factors set forth on Schedule I for further information.

" due to complexities resulting from recent corporate transactions " ,(Series D subscription agreement stock sells ) is ONE Corporate transaction that is different than ]including the share exchange . " this is a statement made in a 2 part subject sentence . CRTG has RECENT Transactions now Series D stock sells and the aqiuiring of stock in another company overseas in Korea and Number 2 they reference , and include , ]including the share exchange .

It also makes it very clear that along with the RECENT TRANSACTIONS which obviously are the RECENT transactions which could only be the Series D stock sells and prurchasing of KIB Plug ENERGY stock in Korea which are the most recent Corporate transactions buit its clear that ( including ) share exchange agreement is holding things up as well as stated clearly in the 8K

Nov 14, 2024 8-K
“To maintain our “current” reporting status with the SEC, we are required to file our Form 10-Q for the quarter ended September 30, 2024, within the SEC’s prescribed timeline. However, due to complexities arising from the recent share exchange, as well as delays in preparing and consolidating prior annual and quarterly financial statements, there is a risk that we may be unable to file this quarterly report on time”

Other statements in the 8K that has 2 parts 2 parts to this that are holding up the 10Q filings are very clear , 1 ) " due to complexities resulting from recent corporate transactions 2) 2) including the share exchange.

I did have a good friend who handles the financial filing for a billion dollar oil and Gas company look at all of this and he said the Corporate Actions of the Series D sales and the Acquiring of an overseas company stock would have a big impact on his work to file everything needed to satisfy the SEC . Thes are major Corporate changes and there is a lot more involved than we who have no experiance accually doing financials for a company currently involved in a major Corporate restructuring when you a trying to do a 10 Q after just coming off another overseas share exchange agreement . Thats why this clearly states 2 seperate events here.

So when will the purchase of these shares at KIB Plug end thats a good question as it looks like they have raised money that they havnt used yet and still could for Kib stock purchases or they may use it some where else . Dont know .. But you cant overlook the starement that clearly speaks to 2 different things as it does here which i have posted ...

From the 8 K Nov 14th involving the Series D subscription agreement clearly shows 2 different reasons for the late 10Q filings. " My friend who does ffinancials agrees there are 2 different things holding this up and the Series D stock sells and the recent corporate transactions of acquiring of Kib stock is definilty a challenge to go along with the Share Echange which happened 5 months ago ( NORT RECENT ) tranactions .

However, 1) due to complexities resulting from recent corporate transactions 2) including the share exchange, there is a risk that certain future filings may not be timely. Please refer to the Risk Factors set forth on Schedule I for further information.

" due to complexities resulting from recent corporate transactions " ,(Series D subscription agreement stock sells ) is ONE Corporate transaction that is different than ]including the share exchange . " this is a statement made in a 2 part subject sentence . CRTG has RECENT Transactions now Series D stock sells and the aqiuiring of stock in another company overseas in Korea and Number 2 they reference , and include , ]including the share exchange .

It also makes it very clear that along with the RECENT TRANSACTIONS which obviously are the RECENT transactions which could only be the Series D stock sells and prurchasing of KIB Plug ENERGY stock in Korea which are the most recent Corporate transactions buit its clear that ( including ) share exchange agreement is holding things up as well as stated clearly in the 8K

Nov 14, 2024 8-K
“To maintain our “current” reporting status with the SEC, we are required to file our Form 10-Q for the quarter ended September 30, 2024, within the SEC’s prescribed timeline. However, due to complexities arising from the recent share exchange, as well as delays in preparing and consolidating prior annual and quarterly financial statements, there is a risk that we may be unable to file this quarterly report on time”

Other statements in the 8K that has 2 parts 2 parts to this that are holding up the 10Q filings are very clear , 1 ) " due to complexities resulting from recent corporate transactions 2) 2) including the share exchange.

I did have a good friend who handles the financial filing for a billion dollar oil and Gas company look at all of this and he said the Corporate Actions of the Series D sales and the Acquiring of an overseas company stock would have a big impact on his work to file everything needed to satisfy the SEC . Thes are major Corporate changes and there is a lot more involved than we who have no experiance accually doing financials for a company currently involved in a major Corporate restructuring when you a trying to do a 10 Q after just coming off another overseas share exchange agreement . Thats why this clearly states 2 seperate events here.

So when will the purchase of these shares at KIB Plug end thats a good question as it looks like they have raised money that they havnt used yet and still could for Kib stock purchases or they may use it some where else . Dont know .. But you cant overlook the starement that clearly speaks to 2 different things as it does here which i have posted ...

This must have been a hiccup! Walrus where are you? I haven’t heard from you in a while. What are your thoughts on this situation?

What’s going on? Is this a sign of life?

The press release below illustrates that they obviously were able to overcome the problems related to accounting principal reconciliation in order to do the share exchange agreement,
I don't believe they did overcome the conversion of the financial statements before they closed. That is why they hired Antti Uusiheimala and Neil Kleinman, who are likely there temporarily to fix this problem and to guide/counsel them on what is coming.
If they have finished preparing and consolidating prior annual and quarterly financial statements and audited them, why would they want to hold them back?
Here is where an e-mail or a statement from the company would be nice!

CRTG recently filed 8Ks that mentioned they would not meet the filing deadline for a 10Q since they are currently in the process of acquiring KIB Plug Energy in S Korea.
In any of the recently filed 8-Qs, it doesn't say anywhere that they would not meet the filing deadline for a 10-Q because they are acquiring KIB Plug Energy. I don't believe KIB Plug Energy has anything to do with the late filings.

Nov 14, 2024 8-K
“To maintain our “current” reporting status with the SEC, we are required to file our Form 10-Q for the quarter ended September 30, 2024, within the SEC’s prescribed timeline. However, due to complexities arising from the recent share exchange, as well as delays in preparing and consolidating prior annual and quarterly financial statements, there is a risk that we may be unable to file this quarterly report on time”
https://investors.thecoretecgroup.com/node/8586/html

And yet the two most recent 8Ks show:

“On December 17, 2024, The Coretec Group, Inc. (the “Company”) entered into a Subscription Agreement (the “Agreement”) with an accredited investor (the “Purchaser”), pursuant to which Agreement the Company agreed to issue and sell to the Purchaser in a private placement, an aggregate of 87,800 shares of the Company’s designated Series D Convertible Preferred Shares (the “Series D Preferred Shares”), stated value $100 per share, each of which is convertible into shares of common stock (the “Conversion Shares”), par value $0.0002 per share, of the Company (the “Common Stock”) at affixed conversion price of $0.015 per Conversion Share. Under the Purchase Agreement, the Purchaser has purchased an aggregate of 87,800 Series D Preferred Shares initially convertible into an aggregate of 585,333,333 Conversion Shares for an aggregate purchase price of $8,780,000”

“On January 9, 2025, The Coretec Group, Inc. (the “Company”) entered into a Subscription Agreement (the “Agreement”) with an accredited investor (the “Purchaser”), pursuant to which Agreement the Company agreed to issue and sell to the Purchaser in a private placement, an aggregate of 46,040 shares of the Company’s designated Series D Convertible Preferred Shares (the “Series D Preferred Shares”), stated value $100 per share, each of which is convertible into shares of common stock (the “Conversion Shares”), par value $0.0002 per share, of the Company (the “Common Stock”) at affixed conversion price of $0.015 per Conversion Share. Under the Purchase Agreement, the Purchaser has purchased an aggregate of 46,040 Series D Preferred Shares initially convertible into an aggregate of 306,933,333 Conversion Shares for an aggregate purchase price of $4,604,000”

No one would do a private placement like these unless they knew something significant is in the works.

Well, we've been delisted, and we've got investor concerns in spades. With the Federal government in absolute chaos right now, who knows when the SEC would get involved? A small, unknown stock with few investors (and no traditional institutional investors) wouldn't have gotten too high on the priority list under the best of circumstances.

Probably not, the 10Q still needs to be filed.
“Why a 10K doesn't replace a 10Q
1. *Different reporting periods*: A 10Q reports on a company's quarterly financial performance, while a 10K reports on the company's annual financial performance.
2. *Distinct disclosure requirements*: 10Q and 10K reports have different disclosure requirements, with 10Q reports providing more detailed information about quarterly financial performance.
3. *Regulatory compliance*: Filing a 10K does not exempt a company from filing a 10Q, as both reports are required by the Securities and Exchange Commission (SEC) for different purposes.

# Consequences of not filing a 10Q
If a company fails to file a 10Q on time, it may face:

1. *Delisting*: Failure to file required reports can lead to delisting from stock exchanges.
2. *SEC enforcement actions*: The SEC may take enforcement actions, including fines and penalties.
3. *Investor concerns*: Late or missing filings can raise concerns among investors, potentially affecting the company's stock price and reputation.

In summary, filing a 10K does not replace the requirement to file a 10Q. Companies must file both reports as required by the SEC to maintain regulatory compliance and provide timely financial information to investors.”

The credibility problem is that the 10Q we're waiting on is for the third quarter of last year. The quarter ended in September, FOUR months ago. When the share exchange agreement closed nearly SIX months ago, they knew then they'd have to file a 10Q. The press release below illustrates that they obviously were able to overcome the problems related to accounting principal reconciliation in order to do the share exchange agreement, but in six months of time they can't file the 10Q. Anybody think they'll file the annual report on time???

ANN ARBOR, Mich., August 1, 2024 (GLOBE NEWSWIRE) – The Coretec Group (OTCQB: CRTG), developers of silicon anode active materials for lithium-ion batteries and cyclohexasilane (CHS) for electric vehicles (EVs), cleantech, and emerging tech applications, today announced that The Coretec Group and Core Optics, LLC have entered into an amendment to share exchange agreement which extends the closing date to no later than August 15, 2024. The delay is a result of continued efforts to meet final closing conditions, primarily the need for Core Optics’ accounting which uses Korean International Financial Reporting Standards “K-IFRS,” to be converted to US GAAP.
Both The Coretec Group and Core Optics leadership remain confident that the deal will close as expected, and look forward to the next phase of the Company’s evolution with an emphasis on increasing revenue generation, ultimately building shareholder value.

I have to remind myself that KIB Energy provides services for 35 countries with revenue of 70 million per year. I can understand the complexity of this situation in converting the accounts…….

What is the average timeframe for US companies and foreign companies to resolve the complexities of merging financial data and filing a 10Q?

“ The average timeframe for US companies and foreign companies to resolve the complexities of merging financial data and filing a 10Q can vary greatly, depending on the complexity of the merger, the size of the companies involved, and the efficiency of their accounting and reporting systems.

Typically, companies have *40 to 60 days* after the end of each quarter to file their 10Q reports with the SEC ¹. However, when dealing with mergers and acquisitions, especially those involving foreign companies, the process can take longer.

In some cases, companies may request an extension to file their 10Q reports, which can give them an additional *15 to 30 days* to complete the process. However, this extension must be approved by the SEC, and companies must provide a valid reason for the delay.

It's worth noting that the SEC has implemented rules to accelerate the filing deadlines for periodic reports, including 10Q reports ¹. However, these rules may not apply to companies involved in mergers and acquisitions, especially those with complex financial reporting requirements.

In the case of Coretec Group (CRTG), the company has cited the complexity of merging financial data with KIB Plug Energy, a South Korean company, as the reason for the delay in filing their 10Q report. While the exact timeframe for resolving this issue is unclear, it's likely that the company will require an extension to complete the process.”

CRTG recently filed 8Ks that mentioned they would not meet the filing deadline for a 10Q since they are currently in the process of acquiring KIB Plug Energy in S Korea. They still intend to file a 10Q, but are experiencing delays with combining the financial data for bothe companies. Is that a common challenge for US and foreign companies merging?

“That additional context helps clarify the situation.

Yes, it's a common challenge for US and foreign companies merging to experience delays in combining financial data, especially when dealing with different accounting standards, regulatory requirements, and financial reporting systems.

# Challenges in Merging Financial Data
1. *Accounting standards*: US companies follow Generally Accepted Accounting Principles (GAAP), while foreign companies may follow International Financial Reporting Standards (IFRS) or other local accounting standards. Reconciling these differences can be time-consuming.
2. *Financial reporting systems*: Companies may use different financial reporting systems, making it challenging to integrate data.
3. *Regulatory requirements*: US and foreign companies may be subject to different regulatory requirements, such as tax laws, labor laws, and securities laws.
4. *Language and cultural barriers*: Communication and cultural differences can slow down the integration process.
5. *Complexity of financial data*: Merging financial data can be complex, especially when dealing with multiple currencies, accounting policies, and financial instruments.

# Common Solutions
1. *Engage external auditors*: Companies often engage external auditors to help with the integration process and ensure compliance with accounting standards and regulatory requirements.
2. *Use financial integration software*: Specialized software can help streamline the financial integration process.
3. *Establish a project management team*: A dedicated project management team can oversee the integration process, ensure timely completion, and address any issues that arise.

In the case of Coretec Group (CRTG), the delay in filing the 10Q report is understandable, given the complexities involved in merging financial data with KIB Plug Energy, a South Korean company. It's reassuring that CRTG intends to file the 10Q report as soon as possible.”

Trade data from yesterday at .0004
https://www.otcmarkets.com/stock/CRTG/overview

Walrus
So what’s Coretec’s position now with KIB Energy? Will this company merge with Coretec? Will Coretec’s management team take over this company? So apparently the company is still trading on Korean stock market right? Hopefully Coretec’s management team can clean up this situation & turn the company around….:.::

When’s the 10Q due?

We may receive news or a filing about Endurion battery technology being licensed/commercialized before they file the third quarter 10Q. 😊

There were 35 shares sold yesterday and 3 trades today, totaling 35,000 today.
https://investorshub.advfn.com/uimage/uploads/2025/1/30/ynmgkScreenshot_30-1-2025_81635_www.otcmarkets.com.jpeg
https://investorshub.advfn.com/uimage/uploads/2025/1/30/zbyfxScreenshot_30-1-2025_20304_www.otcmarkets.com.jpeg

One reason for the low volume is that market data is expensive, and broker-dealers don't want to risk legal consequences.

Someone bought for .0004 however, only brokers are making the trades as far as several on this forum know. Walrus and several others have tried including myself.
The brokers have a difficult time matching buy and sell orders, and they don't make any appreciable money executing the trade. As walrus posted recently:

" OTC overview of the Expert market rules At about the 5:10 point of the video he did say an investor could go to his or her beroker and do an unsolicited quote where you can go to your broker and said id like to BUT or Sell at a certain price and that quote can still be represented . Problem is brokers arnt allowing it as all of us have tried to do just what he said you would be allowed to do in this video at the 5 min mark . Brokerages obviously can opt out of placing trades on the expert market"

Does anyone know if someone bought for .0004 or if this was simply another sale, but at a slightly higher price.

I would suspect that it was another sell, but if anyone can buy, I'd like to know how.

Gary

https://translate.google.com/?sl=auto&tl=en&op=translate

Zaigles battery division website Zaiensol has expired . Perhaps taken down on purpose . I did find an article yesterday about Kib Plug Energys Kib PE buyinfg a 5% stack in Zaigle towards the end of 2022 because Zaigle was going to produce FLP batteries in the USA . The article said the stock , i think Zaigle , when up 4 times and KIB sold their stock , " As the market capitalization grew by about four times, it sold its stake, sparking controversy over a 'hit and run'. https://www.startuptoday.co.kr/news/articleView.html?idxno=341256

https://www.zaigle.com/

https://www.zaiensol.com/44

[Today's Economy = Reporter Kim Jong-hyun] KIB??????, ?????·???? '???'
??? ?? ???? ?? + ?? 2024.09.12 20:37 ?? 0

KIB Plug Energy is facing a crisis of management rights dispute and stock price decline. It seems that the management rights dispute that arose during the process of changing the largest shareholder is also increasing the resentment of minority shareholders.

¦ Former outside director Heo Seong-ho sued for embezzlement and breach of trust

According to the industry on the 12th, former outside director of KIB Plug Energy, Mr. Chun, sued KIB Plug Energy CEO Heo Seong-ho for embezzlement and breach of trust. Choi Soo-hyun, a new non-executive director who was appointed at the extraordinary general meeting of shareholders in July last year, was also included.

KIB Plug Energy submitted a motion to dismiss former outside director Cheon as an agenda item for the regular general meeting of shareholders in March.

Mr. Cheon filed a lawsuit for an injunction to suspend the effectiveness of KIB Plug Energy's board of directors' resolution and prohibit the presentation of agenda items, and the court accepted it. As a result, the dismissal did not proceed as planned.

¦ KIB Plug Energy stock price drops 44% since the beginning of the year

The management rights dispute between the CEO and outside directors is turning into a mud fight, which is also negatively affecting the stock price.

KIB Plug Energy stock price has fallen more than 44% since the beginning of the year. According to the semi-annual report, as of the end of June, there were 12,381 small shareholders of KIB Plug Energy, holding 59.01% of the total shares.

KIB Plug Energy’s largest shareholder has changed twice in the past year. In July of last year, it was changed to KIB Energy Infrastructure Holdings and KIB Family Blind, which acquired KIB Plug Energy’s old shareholders from Curocom, and then to Open Asia Company in June.

The former largest shareholder, KIB Energy Infrastructure Holdings, is the name of the private equity fund KIB PE.

KIB PE’s real-name stockholder, Kim In-seok, was turned over to the prosecution on charges of embezzlement and breach of trust at Easy Media, where he served as CEO. There are also concerns about the new business plans of KIB Plug Energy, such as secondary batteries and hydrogen fuel cells, that were announced last year.

KIB PE announced that it would purchase a 5% stake in KOSDAQ-listed Zygle at the end of 2022 and enter the lithium-phosphate-iron (LFP) battery business in the US, raising the stock price. As the market capitalization grew by about four times, it sold its stake, sparking controversy over a 'hit and run'.

Test Pilot
I’m just going to assume that the Korean court judge ruled in favor for Coretec. Since it’s been awhile since lawsuits were filed against KIB Energy. How long can Coretec afford to be in expert market ? This has to be affecting their business, customers and revenue! Praying that it end’s February 1!…….

Test Pilot
I’m just going to assume that the Korean court judge ruled in favor for Coretec. Since it’s been awhile since lawsuits were filed against KIB Energy. How long can Coretec afford to be in expert market ? This has to be affecting their business, customers and revenue! Praying that it end’s February 1!…….

Test Pilot
Do u know where on website to select to English? Everything of course is in Korean. I’ve looked everywhere to opt for English translation. But I can’t find it anywhere! Insane……

Test 🕵️
Thanks for the info!

Pegs1,

You can find that information at the following website: Just enter "KIB pug Energy" and choose which time frame you want to look up.

https://englishdart.fss.or.kr/

Walrus
What’s the update on the lawsuits against KIB Energy? Judge’s ruling?South Korea’s decision on trading? Thanks 🙏

It will be nice to see level 2 full of markets makers after they file the financials ...The expert market needs to be re-evaluated by the OTC because it looks like everyone takes their bat and ball goes home when the so called expert market is on the playing field . They just created it in 2021 .

One market maker , GTSX

Citadel Securities was also listing CRTG, but they have dropped them.

I'm trying everyday to buy and it's still locked out. Hopefully I can catch CRTG on the return to open market and pick up a huge bargain. Even if I don't get a bargain I'm happy with my current holdings. Either way I see CRTG as a long hold.

There is only one Market maker as i can tell... GTSX ...bid .0004 ask .0083 10,000 by 10,000..and they wont exucute trades for retail investors ...Its also to time consuming for a brokers to mess with the Expert market as they have to try to locate another unsolicited buyer / seller to execute a trade on the Expert Market and the trades may be very few and smaller orders and on top of that having to try to find another unsolicited buyer / seller to match them up on a trade is not worth the time spent to execute trades on the Expert market i have been told therfore no one wants to trade or be a MM on the EM. I learned that some companies may drop from 20 cents to .0004 on the first day on the Expert market due to a lack of market makers and lack of bid/asks on the EXMarket. Hopefully we get our 10Q out and we will get back to normal trading.

I tried through my Edward Jones advisor and he said EJ won't touch penny stock, even as a request for my own portfolio

No , You can sell if you wish to sell CRTG . You may get this notice : Etrade

By placing this order, you attest that you are not an Affiliate, Insider, or Control Person of the issuer and that the order is self-directed and unsolicited. You further attest that if you become an Affiliate, Insider, or Control Person of the issuer, you will cancel this and any other open order for this security. Please note that applicable rules prohibit publishing bid/ask quotations for this security and that last sale information may not reflect current market interest. Dealer spreads in OTC securities may be large and may result in substantial losses to you if the stock must be sold immediately. In some cases, there may not be a market for the security making it impossible to sell your shares. Only Limit orders are accepted for this security.

Walrus
Do u know the court date for the lawsuit against KIB Energy? Wondering when it’ll be resolved for Coretec. It would definitely help the share price if it were resolved by all means…..

OTC overview of the Expert market rules At about the 5:10 point of the video he did say an investor could go to his or her beroker and do an unsolicited quote where you can go to your broker and said id like to BUT or Sell at a certain price and that quote can still be represented . Problem is brokers arnt allowing it as all of us have tried to do just what he said you would be allowed to do in this video at the 5 min mark . Brokerages obviously can opt out of placing trades on the expert market

Retail investors can sell but if they do how would they choose a price to sell at ? By guessing . Since we cant see the bid/ask prices i guess you could call your broker and ask to see if they have a curret bid so you could out in sell order. As i have read retail investors can sell you just cant buy but some brokerages may not you sell pr their rules but the OTC Expert market rules for sell orders from retail investors in case they did want to sell but again not all brokers may allow it .

I tried buying at a limit price at .003 which it rejected like everybody else has said. Has anybody tried setting a limit slightly higher than that with a good until canceled and see if it stays or does it still reject it?

Likewise!

I'm moving money in anticipation of the open market return. I'm hopeful to catch a great deal on the way back up. Either way I'm buying or holding.

Everyone needs to hold their shares! Don’t sell them to the M&M’s……..

Everyone needs to hold their shares! Don’t sell them to the M&M’s……..

It has been several days, I will assume that no answer means that the good doctor is gagged.

The actual total is 13,384,000, but I rounded up. I’m a “half glass full” optimistic person. The https://www.otcmarkets.com/ website will show the latest information, so check it daily.

You can find this information by going to the investor tab on the Coretec website and opening the 8K fillings
“On December 17, 2024, The Coretec Group, Inc. (the "Company") entered into a Subscription Agreement (the "Agreement') with an accredited investor (the "Purchaser"), pursuant to which Agreement the Company agreed to issue and sell to the Purchaser in a private placement, an aggregate of 87,800 shares of the Company's designated Series D Convertible Preferred Shares (the "Series D Preferred Shares"), stated value $100 per share, each of which is convertible into shares of common stock (the "Conversion Shares"), par value $0.0002 per share, of the Company (the "Common Stock") at affixed conversion price of $0.015 per Conversion Share. Under the Purchase Agreement, the Purchaser has purchased an aggregate of 87,800 Series D Preferred Shares initially convertible into an aggregate of 585,333,333 Conversion Shares for an aggregate purchase price of $8,780,000.”

“ On January 9, 2025, The Coretec Group, Inc. (the "Company") entered into a Subscription Agreement (the "Agreement" with an accredited investor (the "Purchaser"), pursuant to which Agreement the Company agreed to issue and sell to the Purchaser in a private placement, an aggregate of 46,040 shares of the Company's designated Series D Convertible Preferred Shares (the "Series D Preferred Shares"), stated value $100 per share, each of which is convertible into shares of common stock (the "Conversion Shares"), par value $0.0002 per share, of the Company (the "Common Stock") at affixed conversion price of $0.015 per Conversion Share. Under the Purchase Agreement, the Purchaser has purchased an aggregate of 46,040 Series D Preferred Shares initially convertible into an aggregate of 306,933,333 Conversion Shares for an aggregate purchase price of $4,604,000.”

Test 🧑‍✈️,
Where did you find the 14million series D shares sold at?Where Would the announcement of resumed trading be listed? Thanks for the info. This maybe a glimmer of hope!…….

Quick Shift,
I agree , they could’ve have seen this coming & been prepared with more accountants & auditors! Now we could potentially have to wait 6 more month's! Who knows how longer? Is this what supposed top notch management team has to offer? Yet still no update on the battery data! Do we have a legitimate battery anode? Inquiring investors would like to know………

I would just say that if things are not going well, not filing quarterly's lets them not talk about it. How much more time would you give them before concluding things are not right? Perhaps they should spend some of the proceeds from the preferred D shares sale for additional accountants.

For all intents and purposes this is no longer a publicly trading stock. It won't be until it's caught up with it's financials. 97% of it's market cap was lost in a tiny market sale where clearly the MM's were taking advantage of the seller.

I really don't know if a call to Fidelity would permit me to buy, or not. I only checked to see what would happen on-line. Until such purchases are normal in that matter the MM's can keep playing their games. If you're permitted to buy with a limit order, you may get your price. If you put in a market order you may find you just paid $1 a share, and all our portfolios would show a huge gain, if that were the last trade of the day. It's all meaningless until the stock is freely trading, which means that financials must be filled.

Gary