Coretec Group Inc (PK:CRTG)

Business Focus: Specialty Chemicals

Get the company report for the most recent outlook updated daily

Sector: Basic Materials	Industry: Specialty Chemicals

See Regulatory Filings on SEC

Company Contact

Address:	333 JACKSON PLAZA, SUITE 1200 ANN ARBOR MI 48103
Tel:	N/A
Website:	https://www.thecoretecgroup.com
IR:	See website

Key People

Simon Calton Co-Chairman of the Board	Victor F. Keen Co-Chairman of the Board	Matthew Kappers Chief Executive Officer, Director
Matthew Hoffman Chief Financial Officer, Chief Operating Officer	Ramez Elgammal Chief Technology Officer	Michelle Tokarz Vice President - Partnerships & Innovation
Nathaneal Downes Research Scientist	Lindsay Mccarthy Director of Operations

Business Overview

The Coretec Group Inc. is a developer of engineered silicon and is using its knowledge to develop silicon anodes for lithium-ion batteries. This program is called Endurion. Through its micron and nanoparticle approach, Endurion is engaged in loading silicon into the battery anode. It uses silicon-based nanoparticles to mitigate the swelling and pulverization issues that are common in early iterations of silicon anodes. Additionally, Endurion nanoparticles are being engineered with an inherent SEI layer that allows better conduction of lithium-ions across the SEI layer, leading to better cycle life. Endurion is being designed to increase energy density in batteries and allow for endurance, enhanced performance, and larger capacity in burgeoning applications, such as electric vehicles, military technologies, mobile devices, and space exploration. It is also exploring ways to use its intellectual property to develop optical plastics to advance development of its CSpace 3D imaging chamber.

Financial Overview

For the fiscal year ended 31 December 2023, Coretec Group Inc revenues was not reported. Net loss decreased 19% to $2.3M. Lower net loss reflects General and administrative decrease of 16% to $1.8M (expense), Other income increase from $8K to $215K (income), Research and development decrease of 4% to $513K (expense). Basic Earnings per Share excluding Extraordinary Items remained flat at -$0.01.

Disclaimer :: Use of this site is subject to, and your continued use constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is strictly prohibited. Canadianinsider.com is operated by INK Research Corp (INK). INK provides general information. INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion; however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion expressed herein is subject to change without notice. Read more...Insider information is based on filings made on the System for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment. Users should always consult with and obtain advice from their professional licensed financial advisor, including their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment or trading securities do so with caution. Users should perform full due diligence and investigate any security fully before making an investment or before the execution of a security trade based upon information learned through INK. Investors should obtain annual reports and other company information to complete their own due diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this website. On this site, there may be third party content, content from authors or links to third-party sites or pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI® is a registered trade-mark owned by the Alberta Securities Commission.Read less

Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.

Interactive technical study charts by TradingView. Copyright © 2024 INK Research Corp. All rights reserved. All trade-marks or trade names not owned by INK Research Corp. are the property of their respective owners.