Juststoppingby
3 hours ago
I hope this delay and if they extend the closing day will be in our favor.
In early March, they said this:
“So as we progress the Endurion technology, we've kept close contact with our partners in the military, EV, and aerospace markets. We have relationships that are covered under non-disclosure agreements, and as we move forward in 2024, we will be negotiating joint development agreements and looking to deliver Endurion material for evaluation. We've had a number of partners that have made this request and are excited about our recent developments.”
If they are in close communication with those companies, I would expect them to know how close they are to a joint development agreement. This would be positive for Coretec's ability to obtain a better merger deal or secure development funding. If Coretec is delaying it, that would be a good reason to delay the merger.
Yes, there are so many things we are in the dark about regarding this merger and Endurion.
Quikshft
6 hours ago
True, but it would be nice to have a partner that leaves us with more than 20% of a company which is only making eight million in sales this year. I've said before, that's just 150 pickup trucks for GM, Ford or Ram. Bottom line, if Endurion is worth a crap it seems we could do better. If it is just an "also ran" battery material then maybe the deal we got is as good as it gets. We really know nothing new about Endurion in the last half a year so it is hard to determine. We'll have to sit blindly and see what happens, but I am not optimistic that this closes next week.
Juststoppingby
3 days ago
At the end of March 31st, 2024, they had $115,000. The rent is $4500 a month plus labor and other expenses.
“Management remains focused on controlling cash while advancing its technology platforms and will continue to leverage stock-for-services whenever possible.”
If they leverage stocks for services, we may not know that until the second quarter 10-Q comes out.
If they get JDA, the stock should rise, and the Endurion battery technology should be confirmed as working.
skitahoe
4 days ago
Gunny, while I agree with you as to our potential, but look at the size of the industry we're talking about. I don't know, but I suspect that 10% of what we could supply to the entire industry would almost certainly lead to a double digit billion, and perhaps even a triple digit billion dollar market cap. It won't happen overnight, but if by 2030 over 50% of the cars being delivered are all electric, and many more are plug-in hybrids, you can see an awful lot of batteries, even the straight gas or diesel cars may have optics from the Core Optics side of the house. No telling what other products will have tremendous sales as sales in South Korea continue to grow, and sales in the US are initiated. No telling just how high we may be at the end of this decade. When I figure market cap in a rapidly growing company, I believe a P/E 30 is fair.
Gary
iamthe walrus
4 days ago
Michael Ussery listed on Core Optics web site
Chairman of Advisory Board at Core Optics ...a bit of his BIO Michael Ussery has led major investments, business development and humanitarian projects in East Europe, the Mid-East, Asia and the Caribbean. Ussery is a Founder of numerous companies and non-profit organizations operating internationally, and he has been a strategic advisor to leading corporations. In the 1990s he was a political-business adviser to the Trump Company.
Birge Watkins Core Optics
Executive Director, Vice Chairman worked for the Republican party for Ford , Bush and Reagan. Birge Watkins is a key player in Core Optics and a Republican . Does that matter and Michael Ussary as well a Trump associate in the 1990s is or at least was as well with the company but listed today on Core Optics web site .
Elon Musk the the #1 EV guy a Trump supporter . Trump says he likes Musk and likes EVs just dosent like the mandate to buy them . Love him or not with a Trump win he will have a major positive impact on the EV world in the US and places like Korea our allies . EVs will be successful under Trump but Trump will just approach it in a different way they Joe Biden . Core Optics wants to build a battery plant in the USA and thats what Trump wants autos / batteries made in the USA be it gas powered or battery powered. .. He will want it to successful under his administration . He stated he wants to do good thing for Elon Musk and i believe if Trump wins EV production in the USA do very well as well as gas powered autos and hybrids as well . WE wont know for 3 1/2 months but early voting starts in 50 plus days .
MEP2023
4 days ago
Obviously I haven't ever done a merger but I also wonder if there's just tiny things that make sense to keep the LLC registered. For instance, if core optics has an account with the electric company or water department under core optics LLC and it's just a bunch of extra work to get all of that stuff rerouted and reconfigured while they're trying to do the big stuff for the merger so possibly they just pull core optics LLC under the umbrella and that keeps them moving on small little monthly payments and other medial things. There has to be thousands of things like that they have to deal with. Even down to just stuff on check books and whatnot, maintenance agreements on machines, whatever it might be that was small basic things established under the previous llc. More than anything, I would think if there was any risk or concern from core optics that it was ever not going to go through, they would have just kept the LLC registered or done it 6 months ago and that it wouldn't just happen in a knee jerk last two weeks event. If there was potential for it to not go through they'd have at least known several weeks back and started making those precautionary actions. Doing it on short notice to me lends more towards let's just keep it going one or two more months to let these small accounts I'll get under the umbrella but not put too much pressure on everybody to get this stuff brought over when the merger is the more important item.
Testpilot
5 days ago
Gary you posted:
“ While you're at it, look at the statistics on energy production, you'll find our production is the biggest in the world now, and we're producing the most energy we've ever produced. Look at the facts,”
Well I looked at the facts. Here’s why Biden produced more crude oil:
*Biden's Use of Strategic Petroleum Reserve*
President Biden has tapped the Strategic Petroleum Reserve (SPR) to help increase crude oil production and bring down prices at the pump ¹. Here are some key points about his actions:
- *Largest-ever release from the SPR*: In March 2022, Biden authorized the release of 180 million barrels from the SPR, with 15 million barrels sold in December 2022 ¹.
- *Coordinated effort with allies*: The release was done in coordination with other countries, including China, India, South Korea, Japan, and the United Kingdom, which also released oil from their reserves ².
- *Goal of reducing prices*: The move aimed to reduce prices at the pump, which had risen due to the pandemic and geopolitical tensions ².
- *Replenishing the SPR*: The Biden administration has also announced plans to replenish the SPR when prices are low, to encourage more production and provide certainty to producers ¹.
Here's what else I found:
- *Trump did not tap the Strategic Petroleum Reserve (SPR)*: During his presidency, the SPR actually declined by about 57 million barrels, from 695.1 million barrels to 638.1 million barrels ¹.
- *Claim of filling the reserve*: Trump claimed that he had filled the SPR to 100% capacity, but this was not accurate ².
- *Proposal to buy more oil*: In March 2020, Trump proposed buying an additional 77 million barrels of oil to add to the reserve, but Congress did not approve the funding ¹.
skitahoe
5 days ago
Much of what you say is true, especially if you look at the statistics through 2019, but he was President through all of 2020 and if you look at the economy at the end of his term, he was a disaster with some of the biggest deficits in history. 2024 minus 4 doesn't equal 2019 as much as the Republican's would like to say it does, look at the figures at the end of 2020.
While you're at it, look at the statistics on energy production, you'll find our production is the biggest in the world now, and we're producing the most energy we've ever produced.
Look at the facts, not what Trump says, if you want to know if he's lying, watch his lips, if they move, he is.
Gary
skitahoe
5 days ago
You may disagree, but I don't think you can prove any of my statements wrong.
As for Trump's business acumen, he went bankrupt several time, including Casino's. He ran a charity that was determined to be operating illegally. He fronted a University that was forced out of business and I believe had to refund to many students. He cheated all sorts of contractors out of what he said he'd pay. His tax returns are constantly under review as he attempts to pay nothing in spite of being a billionaire. He'd been sued by many, and lost many of the suits. He's still claiming he won the election in spite of all courts rejecting his claims, often by judges he appointed. How much more need I say to see that he's a bully who worships dictators, and would really like to be one.
Gary
MEP2023
5 days ago
All, I'm writing this today because I am starting to see some of the political clashing on this board. Most of you if not all have not communicated or I have not communicated with anybody but maybe five people total on this board. I've owned 3D icon/crtg since about 2008 and followed this chat board for probably about 5 years but only in the last 6 months that I create a profile. Even though I've not shared many communications with you all, I have followed along for a very long time and gleaned much from everybody's conversations and insights. I'm writing to encourage all of you who have been on this chat board together for a long time do not let partisan politics get in the way of friendships or just relationships that have been made over the years. I assure you I am one of the most political people that has plenty to offer or share on my opinions and beliefs but over the last 6 months I have seen many of you share your faith in Christ and God and pray for each other through healings and encouragement. I just pray and encourage you all to not lose that through divisiveness in politics. That is the one thing beyond just the fellowship I've seen on here that I have enjoyed that has stayed mostly a political. As I noted I have my own stances and beliefs and I agree that things especially the presidential elections can affect many of this stuff and different party's policies can as well but right now I implore everybody to not get divisive or terribly argumentative for the sake of politics. There is plenty of that to go around everywhere else and the few dozen people on this chat board are not likely to sway one person one way or the other that it impacts much. We all have our stances and leanings but let's do our best to keep it out of here as much as possible and just continue to ride this out and see where it goes. Left or right, democrat/republican, if crtg does well, we will all do well together. I don't think one administration or party is going to impact this particular stock at this point in time by much. Good luck to you all and thanks for hearing me out.
Testpilot
5 days ago
Some of the notable achievements of Trump’s first presidency include:
1. Tax cuts and reforms: Trump signed the Tax Cuts and Jobs Act in 2017, which lowered taxes for individuals and businesses and led to increased economic growth.
2. Deregulation: Trump signed several executive orders aimed at reducing regulations on businesses, particularly in the energy and financial sectors.
3. Supreme Court appointments: Trump nominated two conservative justices to the Supreme Court, Neil Gorsuch and Brett Kavanaugh, both of whom have had significant impacts on the court's decisions.
4. Criminal justice reform: Trump signed the First Step Act in 2018, a bipartisan bill aimed at reforming the criminal justice system and reducing sentences for nonviolent drug offenders.
5. Economic growth: During Trump's presidency, the economy experienced a period of growth, with low unemployment rates and record-high stock market levels.
I have good reason to believe his second presidency will be even better.
Testpilot
5 days ago
“ Look at all the people who worked for Trump who don't believe he should ever be President again. Look at all the Presidential Historians who rank him worst of all time. Look at science, this is a man who surrounds himself with people who'll say yes to him, he fires them when they tell him he's wrong. He's properly named DON, like in mafia Don, do what I say or your out. He's a bully, believes if you tell a lie often enough it becomes true, like he won the last election, and he's simply not suited to the office.”
In my opinion this statement is a subjective critique of Donald Trump's presidency and character, with little factual basis and some exaggerated or opinionated elements. Here's a breakdown:
- Factual elements:
- Some former Trump administration officials have publicly criticized him or distanced themselves from his actions.
- Many Presidential historians and political scientists have ranked Trump's presidency as one of the worst or poorest in U.S. history.
- Opinionated or exaggerated elements:
- The characterization of Trump as a "bully" and comparisons to a mafia Don are subjective and pejorative.
- The statement that Trump surrounds himself only with yes-men is an oversimplification, as some advisors have publicly disagreed with him or resigned over policy differences.
- The claim that Trump believes lies become true through repetition is a common criticism, but also a subjective interpretation of his behavior.
Overall, this statement is a critical opinion piece rather than a factual summary, and its tone and language reflect a strong anti-Trump perspective.
skitahoe
5 days ago
I clearly differ from your opinion, Trump sees himself as all knowledgeable, he doesn't listen to experts, scientists, etc. He's the expert and if he says drill baby drill or burn baby burn, he's right regardless of what it does to the planet long term. The Chinese no doubt pollute, but they're working very hard to reduce it. Biden was trying to build industry that's green, and has added many jobs in trying to make the world better. Trump will undermine everything Biden tried to do for one, and only one reason, because Biden did it. It won't be based on what's right for the country or right for the world, that's just not the way Trump works.
Look at all the people who worked for Trump who don't believe he should ever be President again. Look at all the Presidential Historians who rank him worst of all time. Look at science, this is a man who surrounds himself with people who'll say yes to him, he fires them when they tell him he's wrong. He's properly named DON, like in mafia Don, do what I say or your out. He's a bully, believes if you tell a lie often enough it becomes true, like he won the last election, and he's simply not suited to the office.
If you really want to advance Coretec, it will go far further under an administration that supports Green Initiatives. I don't care if Musk supports Trump, he's thrived under Biden and his push for infrastructure improvement to support EV's and many other things of benefit to him. Biden provided far greater support for what Musk had in mind than Trump did while in office, but Musk often works against his best interests and doesn't care, as in what he did with Twitter, or in taking his businesses out of California because of his political stances. Musk is truly brilliant at developing new technology, but he should leave it at that and stay out of politics. Can you really support anyone who'd consider taking us out of NATO or surrendering the Ukraine to Russia.
Gary
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Mr.Fields
3 days ago
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