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I was referring to you saying I'd say sorry, I did my best, but no dice. So to speak
No, its not kaput yet, and I don't think it will be anytime soon.
You're half right, chsmoke.
Last week I moved to McMinnville, Oregon to work for Pacifica Fund Management as VP of Operations. Pacifica, as well as Chas' holding fund, R&R Holdings, will be co-fund managers for two opportunity zone funds.
We are launching the funds this month and next, with millions lined up and goals for 50mm in each by end of year. Right now, CTDT is actually not in an Opportunity Zone, Alvins Office is literally surrounding on three sides by the zone, so that's unfortunate. But we can invest up to 10% into non-OZ's, so Centuarus can get funding.
Is this too much for Chas? Probably to very likely! But I'm very impressed with the fund manager I'm working for alongside Chas and have earned new respect for Chas' gumption and vision these past months.
I know it hasn't helped us shareholders out yet.
I have never been officially, in writing, head of IR. Fake it until you make it right. But it got me here and I'll continue to do what I can to inform and champion our cause in my new role
I've seen the OTCQB Markets email stating under section 2.2 we have a 45 day window that ends August 15.
Until we are post revenue, you are correct.
More information flow has been my intent all along. I'm sorry I haven't been able to deliver on that yet. My mission is to see this company reach the point where we release quarterly updates and annual reports to shareholders that give the full picture of our company. However, we remain at a pre-revenue stage for a while longer. Financials will be filed on time with the extensions we've been granted.
I was at a meeting with Chas and the Apache team yesterday. They've had their own issues and haven't extracted in the quantities we originally expected by now. But they rave about the results on the first couple of tons they've tested. It is private and patented land, which is different from the permitting process required for BLM land. I'll share results when we get them and we can begin to project actual revenue estimates with more information.
I'll be with Chas in Oregon in a few weeks regarding the opportunity zone funding and other events. I don't have enough of a picture myself to clue you in, but this is something that is best released with results rather than promises I think.
I know we've been more silent then we could be, sorry for that but we want things sealed up before release. Some information that we can share:
We have an option to pull out of the Apache deal with no shares exchanged, only the few thousand cash up front would be lost.
However, Apache reports good results so far, for what that's worth.
We will wait until we see it to believe it and we will report our findings.
As far as funding to get Magnatek across the line; look into the Opportunity Zone Tax Incentive created in 2017 by the Tax Cuts and Jobs Act passed by Congress. That is going to be our line of funding. More details to follow.
There has been a slight delay in Rhode Island as we've had to relocate our lab. We have a new site and are moving in, I still can't give an accurate estimate on when the process will be complete.
We have a couple other joint ventures in the works, too soon to say anything about them publicly but once they are in motion I will let you all know.
So that's a lot of balls in the air, nothing confirmed yet. Just want to let you all know Chas and the Company are working, if you are in it for the long haul like I am I am optimistic of a payday, but it won't be as soon as we all would like.
Johnny Bull Mine Reports
http://www.centaurustechnologiesinc.com/2/the-johnny-bull-mine/
You guys are fast on it! Awesome.
*Will a moderator please sticky this?
We are looking to share some of the reports this week.
Chas and I are also planning to make follow up visits to track progress at the mine.
The PR's intent was to inform.
The information is based on two official surveys as well as spectroscopic analysis performed by a third party.
I've seen the caldera outside Chloride, while a layman 'geologist', I'd say the potential is there.
Noted, truly.
I imagine you know what you're talking about. I wouldn't tell a friend to invest before results, so we'll see.
I love the Kingman Turquoise, a necklace from there is on my neck right now.
Please send me an email, gitreal, I'd be interested in talking.
chris.cass@centaurustechnologiesinc.com
Hi, gitreal,
I too am a fellow skeptic by nature and take your input very seriously, and I genuinely appreciate it. I looked up Hondo’s history and will do more research.
Operations are planned to commence next week, it’s happening as far as
I know. I plan to keep a very close eye on it as I live in Las Vegas to ensure results.
We aren’t pumping this stock on this story, only informing our shareholders and others, of a material event; if this doesn’t succeed we lost little and have our real business to tend to while standing to gain from good results.
I’m surprised you’re dragging Alvin Snaper into this, I looked at the report you shared, do you think he was fraudulent or dishonest in that?
I wrote the release. I think I'm smart, to be clear. I know our shareholders are smart as well and have done their due diligence, they understand this is a penny stock and entails a high risk to reward equation. Personally, my mission is to make that pay off the right way.
This PR wasn't an effort to pump the stock, we are reporting material developments in our company.
I will gladly eat crow if this doesn't profit our company, for now, we have to see results. Thank you for your input and interest in this matter.
I welcome your input and/or criticism and you can reach me if you wish on the email provided in the PR.
Cheers,
Chris Cass
We're not mining. Our focus is on production of lab created diamonds. But in exchange for some shares we are getting revenue from the operations Apache is conducting. It's a passive revenue stream.
Apache sees the value in owning a part of our business, that's why they agreed to a $1 share valuation. It's a win win situation with no downside to Centaurus.
I know everyone wants to know more about lab created diamonds; when, how, how much? Our vision hasn't been lost, it's on track and we will disclose more at the right time.
Now that we have a story to tell, we are reaching out to get wider distribution.
I will let you all know when our PR is disseminated to a wider audience to include: Bloomberg, TDAmeritrade, Yahoo Finance, ect.
A few details, let me know if you have any questions.
- Operations start next week, starting at 300 tons/day, with plans to increase.
- Centaurus owns 4 acres of the 24 acre lot, but since the revenue plan is the same for all of it, we didn't think it was necessary to share in the PR.
- The original miners didn't value or even know about diamonds in 1908, De Beers had not yet convinced us diamonds were valuable! So because of it's proximity to a caldera and the reports of a dike below the surface, we are expect diamonds and other precious gemstones. Even if they are small they can be valuable as melee.
- I too am skeptical of the $22 billion valuation, but results will determine that, and we can be sure of one thing, money lays in those tailings and we will soon monetize on that!
Yes all of the info is accurate. We wanted to put out a PR after the deal is done and avoid this speculation phase. Our PR will answer more questions and then we can further explain how this fits into our business model.
The PR was not authorized by Chas or Centaurus, and was released by a third party. It is not inaccurate per se, but it is not from us.
We will send our own PR with better information when ready.
Yes, he has had and still is involved with other business operations preceding the board electing him to CEO, which to be honest has concerned me as far as priorities in the past.
I hope he doesn't mind me sharing, but he also takes care of his lively widowed mother and his sister who has MS. So it wasn't easy making the move but he's here with them and committed.
I also think his other ventures won't interfere and may symbiotically help us all.
8K's will happen (no time frame, just to be clear) and we will update you all on the bigger picture, can't wait.
Not at all. That was meant as Calendar Year Q3.
On my last message I made sure to share everything I could. Our message has not changed since then, until we can get the 8K's out and fully inform you all as you deserve, we are keeping things tightly held.
I can let you know Chas has moved to Las Vegas.
Taxes are calendar year; anything done for taxes was done before Jan 1st.
Thank you, Bizops for the questions.
I’ll answer the questions I can at the bottom of this post, and we’ve saved all of them to address in due time.
I’m trying to dialogue what I can because I understand how frustrating getting no news for extended amounts of time feels. It doesn’t help when the share price returns to its old baseline either. But personally, that doesn’t worry me a bit, I wasn’t going to sell at .99, so what’s .14 to me when nothing we have planned has been announced?
As you all know, the chill caught us by surprise and has hindered our announcements, but not our business plan. Criticism for us not anticipating this is fine. But I would say when a bureaucracy changes policy overnight it’s not easy to catch. For example, I’ve personally been unable to find anything online to trace this policy change. That’s where incumbents have an advantage as they have relationships in place to notify them of changes. Chas has persistently called up the chain(s) and appealed as much as possible. Worse case is that the OTC will not change our status until a quarterly with revenue is filed, but we are still appealing and will be notifying them as events develop to encourage sooner revision.
So why aren’t we releasing the 8K’s anyways? There is a case to be made on both sides. On the pro side good news now won’t be any less real when the chill is lifted. But the threat is that MM naked shorting and manipulation will continue unchecked on each burst of momentum. This is hard to prove, it doesn’t show up on reports, but those with experience in this market know naked shorting is a real problem. Over 40,000 shares traded Wednesday under 16 cents. I have a hard time imagining any one of our small but loyal base of shareholders sold those.
So we will keep most of our ammunition until is can be of more value.
As to what we can expect; this company is much bigger than Magnatech alone. While that’s are main technology and holds the biggest potential, we have other revenue streams in the works that we’ve discussed before. The Autogenous Impact Mill (AIM) and semi-conductor applications are just two that have already been mentioned.
_______________
Below our answers to Bizops questions. Answers are in bold.
Do they need funding before they go into production?
No. An 8-K will provide more information when funding is complete. With funding we can scale faster so it is a top priority.
Do they have a funding source currently they are working with or do they need to find a funding source?
What kind of funding are they looking for? Equity?
We have equity funding in process already at this time.
We were told they had a distributor agreement in place for diamonds – Is that accurate?
If they have and/or are entering into distribution agreements does that mean they plan to do full scale production themselves?
Do they plan to have one line of products or multiple lines? Do they plan to have multiple products within a line?
Will the initial focus be on industrial diamonds, jewelry grade diamonds, a combination or something else?
We never stated a distribution agreement was in place, only that it was in the works. When an official distribution agreement is in place we will notify the public.
Production is the heart of our business. This goes beyond Magnatech, and ancillary revenue streams are under development for both industrial and jewelry diamonds.
Are they confident the measurement feedback system of the MagnaTech process is complete (verified/tested) and ready for production?
R&D is still in its final stages. We aim for a Q3-2019 launch. Our current R&D site is currently being relocated to a facility that is more suitable and will complete this process.
Will the next 10k layout the business plan for investors to review? Will it have timing?
We will outline the bigger picture and plan going forward once our chill is removed and definite agreements have been established.
Will the licensing agreements they are working on consists of production that is the same as CTDT production or for different applications? Can you share what some of those applications might be?
We cannot share the details, but the potential licensing deal involved Alvin Snaper’s technology that is separate from Magnatech.
Thanks Bizops, I'll post a reply here soon with info I can provide.
A lot of the details I cannot go into until we release 8-K's first.
My email address has been put out on this board already, yet I've had zero emails from you all.
chris.cass@centaurustechnologiesinc.com
Every time I meet with Chas he gets about 5-6 calls an hour, so communicating what I am able to with shareholders is a big reason I'm here.
I'll try to address some of the major concerns and questions:
Action comes before PR's. We aren't launching a PR campaign without results and material news. Twitter will become more active after the fact as we are not about raising awareness and doing anything remotely associated with pump and dump campaigns, we are set on being the real deal.
I am not yet involved with day to day affairs, that may soon change, but as of now this is still a company with zero salaried employees mobilizing to make a significant step.
A plan is in place that aspires to be great. If you expect perfect timelines and routine, the OTC and a penny stock was never the place invest in.
If you contact me I will do my best to share what I'm able to. Steps are underway to do what needs doing, until they're official, I'd rather not go into details, but it includes: funding, distribution, revenue, and a larger presence as a company going forward.
Cheers,
Chris
Can someone kindly give us a brief background on who Bill Cook is? Thanks.
I'm only telling you no one answered today. (LOL)
Confirmed there has been 200 million shares of dilution this year.
Here you can see that as of 12/31/18, 3.5 billion S/O.
https://backend.otcmarkets.com/otcapi/company/financial-report/210689/content
I spoke with the transfer agent, they update the S/O weekly on the OTCMarkets website. As of 3/20/19 we are at 3.7 billion S/O.
https://backend.otcmarkets.com/otcapi/company/financial-report/210689/content
No one answered the IR consultant number or the company HQ number.
The company's tweets seem amateur and vague. Show us real revenue opportunity!
Either it's another pump and dump or this company is serious and will generate revenue soon. I think the penny world has played it's game recently, but if this company actually exists, it can do well.
Not at all, I appreciate the question and am glad you brought it up. I would also stress that I'm not the one to say what is and isn't out of line on this forum as I don't seek to control it in any way.
I've been very aware of that concern, that is why I've reminded people who I am in real life and will taper off IHUB as we establish stronger lines of communication via the website, email, and Twitter.
I am very certain it is ethical; I've looked into the terms of service, and more generally this is a public forum where nothing of material information unknown to the public will ever be mentioned.
We as a community have talked here for years as it's been the sole place on earth to discuss Centaurus. I won't steer conversation or pump our company. But as of now, if I'm to work Investor Relations, the members of this board pretty are our investors! So it doesn't make sense to sever lines just yet.
It was just posted as I sent that notice. I will mostly share updates on twitter as opposed to here, but since this really only applied to those on this board I shared it here.
*** Yes, the Company has an official open letter to address some of the concerns.
http://www.centaurustechnologiesinc.com/2/open-letter-to-ctdt-investors-which-have-registered-at-the-corporate-website/
By the way for those who don't know, I'm Chris Cass. You can email me at the email provided in the letter. I want to ensure full disclosure about that so that whatever I post here isn't suspect.
Thanks, but please don't think of me that way! I'm responsible for zero of what's been done thus far.
Haha, leftover from my Wall Street days!
We'll get the site where it needs to be, Steven Saunders has done a fantastic job so far. I wouldn't know where to begin on website creation, I'll be focusing on the information flow.
I'm reading all of this and share the same sentiments. After meeting with everyone involved, I'm confident the course to revenue will be handled competently. But yes, the optics can be cleaned up and that's what I should be able to do soon, but still not yet.
I have no idea, that's for the market to decide.
As far as the chill, Chas has taken care of it, and now it's up to the DTC. I don't think it's that big of a deal; more and more brokerages are trading CTDT, volume is growing, and as we've learned, there isn't an easy (or any?) way to check on the DTC status.
I'm more interested in revenue and how that can get us to a realistic valuation. I think some peoples estimates of $10, $30, or $50+ a share is unrealistic, but there are a lot of unknowns right now that should come to light this year.
The website will continue to be developed and your feedback is very helpful.
Our current PR is a part of our OTC membership, so you should always see the latest 8-K's there first. We will also tweet, so follow us @CentarausCtdt and look into how to increase our dissemination as we grow.
Good question, that's the CEO, Chas Radovich.
I'll pass on to them that it's not clear and improve the site.
Not a typo, Cede and Company are affiliated with the DTC.
Twitter account is live:
@CentaurusCtdt
https://twitter.com/CentaurusCtdt