Coretec Group (OTCMKTS:CRTG) Announces Significant Promotions

Shares of Coretec Group (OTCMKTS:CRTG) ended lower in Tuesday’s trading session after announcing the news.

Market Action:

On Tuesday, CRTG stock lost 1.36% at $0.0651 with more than 394.42K shares, compared to its average volume of 271.40K shares. The stock has moved within a range of $0.0645 – 0.0700 after opening the trade at $0.0660.

Major Driver

The Coretec Group has presently announced major promotions! Dr. Michelle Tokarz has assumed the position of Vice President of Partnerships & Innovation and Dr. Ramez Elgammal is now Chief Technology Officer.

Dr. Michelle Tokarz brings the expertise of being a scientist and businessperson to the table. She has honed her science and business acumen in the pharmaceutical industry holding research chemistry and subsequent production roles for Merck and Eli Lilly. She has participated in several NSF SBIR review boards too. She has a Ph.D. in Materials Science and a dual Master’s degree in Mechanical Engineering and Materials Science from the University of Michigan in Ann Arbor.

Dr. Ramez Elgammal has a diverse background comprising science, engineering, and entrepreneurship. He has an M.Sc. He manages numerous projects energy storage and energy generating devices including fuel cells, flow batteries, and lithium-ion batteries, as a Senior Research Associate at the University of Tennessee. He has over 40 publications and conference proceedings and 7 patents pending.

The need to expand and develop has never been so urgent for the company, as they look to get involved with multiple technologies across a range of sectors including batteries, quantum dots, and semiconductors. Matthew Kappers, CEO of The Coretec Group, is confident that both promotions will prove to be immensely beneficial.