Centaurus Diamond Tech. Inc. (fka CTDT)

[bizops12]

Hey guys - I have been traveling a lot and swamped between work and finishing my MBA. I have barely been on-line and have basically been waiting for the consummation of the deal Mr. Anthony and Mr. Snaper said they were working on. The information in the blog (particularly about Wechsler) is why I was put on hold. This group supposedly has money. I expected something to be done much sooner. I am not sure why things are taking so long. I was told that the Wechsler group (not sure on spelling) already holds a fertilizer company. Mr. Snaper has a patent for a pretty phenomenal fertilizer.

They were looking at using the fertilizer patent and giving CTDT a small ownership in their company thereby providing some cashflow to CTDT. They would also provide funding to CTDT to pursue the magnatek process with them gaining some ownership in CTDT. In addition to pursuing the Magna-tek process they wanted to pursue the idea of diamond doped capacitors. If Wechsler is indeed on the board and taken over as CEO then apparently they are moving forward.

This is pretty much all I know. Because they approached David first then he asked me to wait to give this time to develop. As I said I expected it to be done much sooner and I have no idea what the final outcome will be or why it is taking so long.

The good news is these guys do have business experience. They should be good for CTDT. I still have my full position and will not sell any. Management has been the real problem with this company and stock since the beginning. Actually putting some experienced business people in place should fix a lot of issues. Hopefully these guys can bring some structure and urgency. Time will tell. If not I still have some investors who have interest. I am confident in the technology and in Mr. Snapers desire to see this through. GLTA