Scio Diamond Technology (fka SCIO)

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$SCIO..Scio Diamond Technology..Recent SEC filings....
http://www.otcmarkets.com/stock/SCIO/filings

Out of all the filings recently between the 14% group and the Company Board of Directors, I don't think anyone here wants to devalue their shares.
I think everyone can see the value in Scio's evolving technology and growth going forward.
I'm just an independent/individual shareholder along for the ride, this has the potential to get really good this year, and years to come.

CEO Michael McMahon, and the SCIO team are doing a great job on the future plans.

From the Oct 2013 SCIO diamond Investors Presentation

Strategic plan to expand growing platform to 4” technology and to expand capacity to 60 reactors total. Potential funding from strategic with dedicated production for partner:
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4” growing technology is being tested that will result in 70% increase in growing capacity
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Expansion to 60 growers will increase revenue potential by 600%
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Strategic partners potentially funding a portion of expansion capacity with dedicated production. Provides for competitive fixed gross margins and lower incremental cost of expansion
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Limited need for incremental overhead expenditures as revenue increases, enhancing overall cash flow margins.

http://www.sciodiamond.com/#


April 14, 2014
Today's announcement marks a acceleration in SCIO's production plan, now running 6-months ahead of schedule. The 4" production platform improves on the 3" platform and enables the Company to produce over 100 crystals per machine. This is a near doubling of SCIO's already industry-leading capacity but with minimal increase in cost.
Michael McMahon, SCIO's CEO commented, "Since we started our operations in July 2012 using our 3" technology, we have known that we would have to continue to improve our production capability and yield to be competitive." Mr. McMahon continued, "Scio's goal remains to be the highest volume producer of Type IIa Single Crystal CVD diamonds in the world. This is another key step in achieving that vision SCIO can now meet growing demand from existing customers, increase revenues and, importantly, create new customer opportunities."

http://ih.advfn.com/p.php?pid=nmona&article=61833693


Grace Rich, China Joint Venture

The new entity is estimated to begin producing diamond in the summer of 2014.

http://ih.advfn.com/p.php?pid=nmona&article=59240258

More details on the Joint Venture
http://ih.advfn.com/p.php?pid=nmona&article=59305582

March 5,2014 Interview with CEO Michael McMahon

SCIO Diamond website.. http://www.sciodiamond.com/

more investor info..http://www.otcmarkets.com/stock/SCIO/profile