Dreamer50 Re: Testpilot post# 41664 Wednesday, 02/07/2024

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tbmflyer
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Dreamer50
Re: Testpilot post# 41664
Wednesday, 02/07/2024 11:51:30 AM
Definitely doesn't sound like an organization that has real concerns about remaining active. All things being equal in terms of facility condition and location, you'd have to view moving to a larger facility that facilitates production growth as a very good sign. This wouldn't be a move to make if the future cash flow were weighing on them.

"The Coretec Group (OTCQB: CRTG) has been hard at work in the new year and is excited to update its shareholders on all its latest news, including:

Dr. Yunle Wei of The University of Adelaide gave a presentation at the 2024 SPIE Photonics West conference, updating attendees on the latest results of the research partnership with The Coretec Group on its CSpace technology. With over 22,000 attendees, it was a large forum to present our C-Space technology to world-leading scientists, engineers, and businesspeople. Dr. Wei was also able to use the conference as an opportunity to attend several other presentations to learn more about the rapidly evolving world of 3D display technology. A video of Dr. Wei's presentation will be available next month and we will distribute it when published.

CEO Matthew Kappers participated in a Q&A with Battery Technology, where he discussed the power and potential of silicon anode-based batteries for eVTOL applications.

VP of Partnerships & Innovation Dr. Michelle Tokarz authored an article in The Buzz EV News on how further innovation to silicon anodes could bring about the next generation of high-efficiency EV batteries.

The Coretec Group is in the process of moving to a larger lab and office space within MIHQ (our current landlord), which is needed to increase production of the Endurion material. In addition to the spacious countertops and cabinets, this new location will allow space for needed, additional equipment, such as a chemical hood and glovebox, thus improving throughput. Further, the layout is such that lab personnel can interact regularly with non-lab personnel, creating stronger team dynamics.

The Coretec Group continues to optimize the chemistry of our silicon-based active anode material, and we are seeing that optimization have an effect in the improvement of standard battery tests, including initial capacity, and cycle life.

The Company will provide an update on its rescheduled shareholder call later this month. Be sure to follow along on Coretec’s social media channels and sign up for emails through the company’s investor relations website for updates.

The Coretec Group’s leadership is excited to provide more updates as the month progresses. If you have any questions or would like to get in touch, be sure to reach out to the Company through its contact page"

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