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Just talked to Chas - He was calling the audit firm right after we talked. He expected a green light by now. Would be shocked if not Tomorrow or Monday. I know we have heard this before but I do believe it is that close. The reason for the extended audit (I was concerned about the length of time it was taking) is due to the prior management regime they flushed out as well as a call to the SEC. The audit firm is being very detailed and careful. I don't blame them and actually appreciate the due diligence. Chas says they are 100% compliant, have nothing to hide and are just waiting for green light. They have a series of PR's to go out but do not want to send them out until the DTC chill is removed. Understandable! He has been funding much of the companies work. You know he needs the stock to do well. It is the only way he will recoup his personal investment. He said we will all be pumped when we see where they are and what they have in the works. GTA
Right now E-trade is about the only place you can buy it. As soon as the financials are updated that will change but so will price.
Another way to purchase the stock is to go through the company's Institutional Banking Firm NMS CAPITAL.
NMS-Global-Capital-Advisory PR
They can be contacted directly at (800) 716-2080
Nice finish Friday and start to Monday - won't take much to push this to .20
If it goes to $60.00 I might just drop dead. Then you can just pay for my funeral.
I have always felt this was a short term 2.00 stock a little longer term 5.00 and that was based on just diamonds. Expanding into the tech realm and the sky is the limit.
Wow - this is frustrating. Scottrade (who was my broker) was bought out by Ameritrade. I did not think much about it till this morning when I tried to buy CTDT stock. I knew Ameritrade would not trade the stock I just did not think about it because my account was opened as a Scottrade account and they never gave me a problem. Now I have to open a different brokerage account and get funds moved before I can buy more. I am not sure I will have it done before the financials are announced.
Just go off the phone with Chas - some of the tidbits from the conversation:
-He is moving to Vegas
-He had just talked with the Auditing firm and they confirmed they have everything they need in front of them. He is expecting a release soon. I know we have heard that before but I really do think we are looking at just a few days if that.
-They are working on press releases as we speak to start going out as soon as financials are done. Naval had alluded to this earlier.
-They are closing on a major distribution deal.
- On the measuring (yes that is solved) he also indicated he had technology from another relationship that they were working on using for CTDT. It will increase and refine the measuring to the point that they can produce (in his words) massive amounts of diamonds - full quality.
-They will be able to control the pressure, heat and length elements to differentiate the type of diamond they want to produce.
-He mentioned what DeBeers is doing and said he would be shocked if they did not make a move to purchase CTDT within 12 months (not sure they would sell)
-Last time DeBeers purchased a company the stock went from pennies to $60.00 on the offer.
-What DeBeers is facing is a 500 hour process vs. a 20 minute process. Add in the fact that the CTDT diamond is natural diamond quality. CTDT basically does what DeBeers will be doing at 10% of the cost. They simply will not be able to compete.
-He sounded excited and confident.
There are never guarantees in this kind of thing but I am getting excited. This has been years in the making but it is sooo close. If you want and have the cash this is the time to buy. If you know people who have watched or gotten out this is the time to get back in. Lets push the pps back up to .15 - .20 range before announcements. It will help us all.
I plan on seeing Chas when I go out to Vegas to meet with Mr. Snaper (hopefully Naval as well). Mr. Snaper has some other amazing patents just sitting on the shelf and I have connections that the patents match up with and have access to the funders to develop them. My hope is to get some of them out to the public. Depending on what we decide and how we structure things I will let you all know about them as well. If they have a public/share structure. They may not have the vast significance of CTDT but they are game changers in their own right.
Best of luck to all!
There are crowdfunding models they could use here as well. I think part of the reason they have not gone that way is structure. Most crowdfunding is down by private companies and you get something in return for your investment but not stock. There are crowdfunded sources that compensate with stock but CTDT could not do that until they are current with the SEC. I also think they don't want small investors but a heavy hitter type of investor that can continue putting in the dollars needed as they grow. Doing smaller investments can be a slow death as the stock gets diluted each time.
I have no idea how they have been funding to this point. It is obvious they are spending money. Are Delisle and Chas putting in additional funds? Did Lauzon put in money? Did he get shares? The financials will be interesting.
Yes I am pretty sure that they were made aware when CTDT was first getting their diamonds tested by GIA. It was a big deal. I think they watched closely but saw a very tiny poorly managed company and so did not worry to much. Remember at that point they were totally invested in protecting the purity of the real diamond industry. It looks like they have had a change of heart and recognize the profit potential and market interest in manufactured diamonds.
Once CTDT is in production it will be a complete game changer. They cannot ignore a process that does what they do but does it for a fraction of the cost. They are good business people and will have to see the value. Even if they don't jump on the bandwagon at first others will. As the magnatek process proves viable it will gain interest and traction. At some point CTDT will not even need to be in the diamond manufacturing business because so many industries and major companies will want to utilize the technology.
They really can write their own ticket - They can decide to manufacture and distribute, license to select companies, license openly or even consider a buyout. Major companies spend many millions and even billions of dollars for young companies just to acquire the patents.
Yes financials first - but I do feel we are getting close to seeing this unveil. After years of watching the management snafus, lack of progress and cast of clowns coming and going I finally feel they are headed in the right direction and at the threshold of breaking loose.
Priceless - Debeers is going to roll out an antiquated process that cannot possibly compete with the efficiency of the magnatek process. 500 hours of energy usage vs. an 800th of a second :) Whoever has licensing rights will win the battle. CTDT will be in the drivers seat and can choose to license to whoever the highest bidder is or to a host of different manufacturers based on their needs. This is going to be fun to watch.
Thanks Naval - I appreciate it. I will let you know when my plans are locked down. I am looking forward to hearing more info as we all are. It has been a long wait but I believe everyone who has stayed the course will be very glad they did.
I did not ask him about production of the new facility because I really called for other purposes. I knew the sticking point for a long time was the ability to measure the force when producing the diamonds. Without that ability then they could not control the type, quantity, size, color, etc of the diamonds. They were just smashing a tube of carbon and living with whatever diamonds were produced. It really was the big hurdle for production. With that solved I am confident that production is not far off (pending facility build out of course). Naval posted a little on the new facility a month or so ago. Maybe he can shed some more light on it. I will be going out there in the next week or two and hopefully can find out more.
Just talked with Mr. Snaper - I am bringing some potential investors out to see about working with him on some of his other patents. Pretty excited about that. We talked a little about CTDT - He reiterated what Chas has said - basically Lauzon was the reason they got so far behind with the SEC. I specifically asked him about the measuring issue when they collapse the magnetic field. He was said - oh yes we were able to work out a lot of the problems over the past few years. The only thing really holding us up is the paperwork with the SEC. That is the best news I have heard in a very long time. I was concerned that there was a lot of R&D still required. Based on this discussion I think this thing is ready to roll.
Well this has been jumping between .05/06 and 10/14 the last several months. If you think about it getting in at .05 could easily double your money. Not sure they will get filled for 140K but if they did before financials come out it could be easy money.
Looks like someone is trying to get some cheap shares. 140K on the bid at .05 - a $12.69 purchase at .054. 140K at .05 would be nice just before the financials come out. Inside knowledge or just hoping for good timing?
Thank you Pony - I appreciate Chas sticking with it - can't wait to get this thing rolling! good times for us all :)
Thanks JD
Has anyone talked with Chas in the last few weeks. I have tried to reach him but his voicemail is full so I cannot leave a message.
I would be interested in knowing any information beyond the financials. I think we are all aware the financials are pending the audit finish. That is just a matter of time. But are there any other updates he can share. How is R&D going (is it going). What are the next steps? Structure? Management? Time line? Location? Product or products? Significant conversations with other parties? Funding? Revenue? Website update?
Any additional information would be helpful to share to the board.
Thanks!
Love the $13.00 orders that buy into the bid - lol (mm's are such a surly group)
A note on management - While things may be moving slow I have to give props to Chas - Everything he has said he will do he has done. It might not have worked out as planned (like Lauzon) but he has followed through on everything. The financials are done now and only waiting on the Auditing firm (which was verified first hand).
He has shared some of the other things in the works and I have no reason to doubt him. Between his reports and Navals reports we know they are building out a facility and prepping for production. I have no idea what that will look like initially but I do know that once this goes into production (at any level and capacity) it will light a fire under the PPS.
Production answers so many questions for people waiting on the sidelines.
Just the industrial diamond market has the potential to make this a $5.00 pps. That is doing nothing else - but there is no way that this process begins producing industrial diamonds and is just left alone to fill that market need. Once the cost to create diamonds is reduced to the point that it can be used as a cost effective material for other applications the potential value goes through the roof.
Transportation, Medical equipment, smart homes, (dare I say BITCOIN), electronics, etc. etc. etc. - Our world runs off of computer chips. Almost everything we touch relies on them. The speed, heat capacity and size are critical factors and right now diamond or a component of diamond is the best material to deal with those critical factors. Diamond can be the next Silicon with the Magnatek process. This is a ticking time bomb waiting to explode. Every day we are one day closer to financials. Once financials are cleared and this is easier to purchase the pps will stabilize and you won't see people selling off like they have the last few months. It will become harder to fill orders unless you hit the ask. PPS will rise. Any substantial news and this will run.
As someone said a last week. This is the perfect storm of penny plays. IMO this either completely bust (because management fails - but I am more confident now than in the past that we are OK there) or this thing explodes and goes places we can only imagine. I am excited for the ride!
Not sure when financials show up but everyday is like a ticking time bomb on PPS. Somebody picked up some good prices yesterday. Once financials hit I don't think we touch them again. Of course I have been wrong before :) But we know financials are coming and we know news will follow shortly. Won't take much to send this up over .20 and beyond with the thin L2.
Really looking forward to the rest of the year. Lot of reason for optimism after the long wait. I am confident the financials are coming soon after talking with the auditing firm. I don't necessarily expect anything earth shattering from the financials but having them will clear a major hurdle and put this on fast forward. This will open up the stock for increased investors. Delisle and Chas have put a lot of money into this stock personally. You know they are going to do what is necessary to get it into production so their personal investments payoff. Stock float is still crazy low (I am sure even after some dilution). Absolutely phenomenal technology that can change the face,speed and durability of technology. Just the market for industrial grade diamonds is highly profitable and growing. The applications beyond that for technology are mind-blowing. I think the huge money long term is licensing the application across a wide spectrum of industries. Fun to be part of it.
I talked with AJ Robbins this morning. Of course they can't disclose any information about the audit (I did not expect them to) but he did confirm that they are in fact the auditing firm and the audit is in process.
Not much there but hopefully it puts some minds at rest that a legitimate firm has confirmed they are in the auditing process. Just a matter of time guys.
I would also like to know what the company is doing while they are waiting for the audit. I would expect the longer the audit takes the closer the company will be to releasing other news. So once again it is just a matter of time.
Thanks Naval! I tried to call the accounting firm today. Had to leave a message. Will try again tomorrow.
Did some minor adjustments to the write and welcome input.
Thanks Ironman!
Last thing for now - I know someone as discussed who the auditing firm is. Can you share the name again? I would like to put this in the update on financials.
Does anyone know who posted the write up on CTDT under company mission. I would like to update it but don't want to step on toes without a discussion of the material first. I think a few things need fixing - input welcome:
First it tells newcomers they should not consider investing until certain conditions are met. I don't think we should tell people when they should and should not invest. My preference is we just stick to facts. Posting is different but under company information it should just be facts and then people can make their own decisions.
It states that dilution almost doubled the shares and there was no explanation - I do not believe that is true. Based on the last set of financials we saw there was dilution but it did double the shares. It also gave clear explanation as to where and why the dilution occurred so I would like to remove that piece.
As far as financials are concerned I think the point made is valid and hopefully will be able to update that shortly.
Last point is on production - While I don't disagree with the point that eventually we need to see production I think it is also fair to point out that this as been an R&D company for a while. Most of us always understood there was additional testing needed before going into production. I time table of sorts would help and hopefully we get that.
Last think I would like to add is a laymen's explanation of the maganatek process and why it is so powerful.
Comments, suggestions are appreciated - I don't do charts so if we have a good chart person that would like to be a moderator that would be helpful.
I am starting to feel like the company is getting close and am excited to see where this goes. I have enjoyed the last few years with all of you who have stayed the course. Lets work to get this board active again as the company moves us all toward profitability!
Naval - do you have any information on the website? None of the menu items along the top are working (there used to be a lot of information in the drop downs). Is it part of the plan to "take it live" when they announce news? I am asking because the site pictured here is the old site. It does link directly to the new site but if anyone goes there they won't be able to see much other than a non-working site. I am not sure where to send people at this point to get any idea of what CTDT is doing. Those of us who have been here know the story and technology but new people will not.
OK I applied for a mod position - I used to be one but did not post enough so they bumped me. There are slots for 5 mods so others may apply.
Naval I know you have a fine line to walk. We appreciate what you share and I am looking forward to having you as IR.
Should not be any revenue so they can only be so good LOL - to me the key questions they should answer is what do the expenses look like and how have they covered them. If it has been through dilution then how much. We have plenty of room to handle dilution as long as it is not excessive and frivolous. What has the dilution bought us? Has it completed the RD or close in order to get this into production? If not what is the plan to complete that? How are they going to pay for the needed expenses to go into production? If it is a sucking hole of dilution that is a problem. If it is reasonable and going to get revenue (of any kind or amount) flowing that is a positive. Should be interesting.
I agree Pony - I am vocal in my displeasure about some things and try answer questions honestly. But am 100% behind CTDT - It is a game changer!
I agree IT - but I also understand why people are nervous and jumping ship.
No - The company is now over two weeks late from their latest deadline for financials to be completed. People are nervous and at least one shareholder is dumping shares. Someone else did last month as well. People only have so much tolerance. There are many on this board that are reaching the end of their patience. If the silence continues things will only get worse. It really is a shame because this stock was set up to run nicely. All the company needed to do was follow-through. People even gave them a few weeks buffer. Still silence. I don't know what it will take to get them to understand that shareholders want information and that does not include excuses. I am still here for the long haul but a lot of people are going to start bailing and some already have.
Normally a business license is renewed annually. I would not be too concerned about this. Chas and Delisle both have money invested in this company also and were given shares in consideration for said investment. I don't think they would have invested if they were not trying to make it work and increase share value. Not sure why financials are taking so long - it is frustrating, as is the stone cold quiet - but I do believe they are still working the plan.
Yes it has but I still like it - be nice to see the evidence now!
When I click any of the navigation buttons it just takes me back to the front page again. I cannot see Snapers bio or anything. I do see the part below if you scroll down and I do like what it says.
I had not looked at the company website in a while. The home page still looks the same but it just says "evolving" and "coming soon". None of the tabs work - they all just kick back to the front page. If anyone is planning on talking to Chas soon this would be a good question. What happened to the website and all the information on it? Are they updating for "The Rollout"?