19/12/2024
We close 2024 with exciting anticipation for what 2025 brings for many of our investments. The highlight of this year being The CoreTec Group(CRTG) and the start of their expansion plans.
This small company has recently managed to acquire a solid power company in KiB Plug Energy Co(KIB) with current revenues of $100m USD!!
The acquisition of this company and the ‘changing of the guard’ with respect to the management of KIB enables KIB to re emerge as a stronger, more efficient, more funded Power Company and with stronger pricing in the market. Setting KIB along with CRTG in a strong position to soar in the markets through 2025.
This KIB acquisition will also assist Core Optics LLC(CORE), another recent subsidiary of CRTG. The KIB Credit facilities and capabilities should enable CORE to obtain even larger customer Contracts and increase its hold over the automotive industry.
We believe that this is just the start for small start up that we first backed 10 years ago. We see further growth in 2025 through larger contracts, increased efficiency, additional acquisition and the commercialisation of The Endurion Battery Project.
It’s going to be an exciting 2025 for this company That’s for sure. You never know we could be sat on a future Unicorn.
Merry Christmas everyone and here’s to a Happy New Year.
LOS ANGELES, Dec. 17, 2024 (GLOBE NEWSWIRE) -- via IBN -- The Coretec Group, Inc. (OTCQB: CRTG) (“Coretec” or the “Company”) today announces that it has...