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Well - I am not going anywhere. I am hoping I can purchase more soon. I figure Chaz has a lot of money in this. He is not going to just fold up shop and leave. He may not move as fast as I or any of us would like but he will keep plugging away. Now Kathy could decide to look for a suitor to purchase the patent but I doubt it would be for peanuts. So waiting seems the prudent thing to do. JMO
If I had the funds I would be snapping up all I could get my hands on at this price.
Could'nt agree more IT - I feel the same way. One of those life time experiences you will never forget.
Hey Pony - I did not know but JD was kind enough to answer. I would not expect them to meet this deadline given the timing of Mr. Snapers passing. I expect we will see an extension filed. But I could be surprised. It would be encouraging to see them meet the deadline without an extension. - I agree on PPS. Still believe in the tech. Now lets get funding and start moving this thing forward.
Mr. Snaper passed away - As is usual for this type of news some people move on. Kathy - Mr. Snapers wife is sharp and is a board member. She knows what is going on and I believe will be a firmer hand. As Pony mentioned in previous post, once funding is secured the stock pps should do well. GLTA
Remember - this was a very small intimate group. Losing someone you are close to is not an easy thing. The memorial service is tomorrow. If nothing comes out by mid or end of next week I will be irritated. But for now let them handle relationship side of things.
It will also be interesting to see how Kathy handles things. Mr. Snaper was terrible at business and in selecting who to trust his business with. Kathy may be a completely different story. She could turn out to be a much better answer for CTDT long term. Give it a little time for things to shake out.
I agree - I think the selling is way pre-mature. I think Mr. Snapers work was done for the most part. This is why they need to PR. Let the shareholders and public know that efforts to bring in funding and go into full manufacturing are still on track. I am pretty sure they are but hearing it from the company will calm a lot of people down.
Would love to promote this to potential investors but I would need to know they were open to it. Concerning the PR - The memorial service is on Friday. I would hope that the company would PR something next week even if it is only a notification of his passing and a short statement on ownership and management process going forward.
Truly sad news - The world truly has lost a brilliant mind and fascinating person. I am sorry he never got to see the fruits of the magnatek patent. More importantly, right now my sincere condolences for his wife Kathy of 55 years and the family. For us this is an investment. For her it was her life partner and friend. The money you can replace - the relationships you can't.
Thanks for the clarification -
We probably do have accredited investors on this board. It is a little disappointing that Chaz is going this route and you have not even begun to bring in investors on the tech side.
Not the investors but the investment funds being held. According to Forbe's magazine then all funds being held needed to be invested by December 15th 2019. This was as of the April summit. They suggested that might be changed at the July summit. Investments can be made at any time into the fund - the time just determines the amount of tax benefit you can recieve. This is as I understand it but I assume you know a lot more about it than I do.
Second question - based on your answer I would extrapolate that the fund does not have all the investors it needs to meed CTDT requirements and they are still looking. If this is correct it would be nice to know that. There are people on this board that might be comfortable investing through the Fund rather than buying more shares.
Finally - how are they soliciting investors for the fund? Do they have any literature? Information on the investment? If they do then there should be no problem releasing this information to shareholders.
Naval do you know or can you find out if the investment deadlines were extended in the last meeting. As of the April meeting on Opportunity Funds the guidance still stated investments had to be made by Dec 15th. That would really help us understand potential funding time line if the date was not extended. Thanks
I thought that might be the case. A lot of these funds are put together for a specific investment. Pretty simple process really.
Naval is still a shareholder and I believe still a member of this board. He just moved on from his (almost) CTDT job.
I hope so but getting registered for an enterprise zone does not guarantee funding. Still don't know from Naval if he actually went to Oregon either.
I'd like to get them 5 million and have several potential candidates who would invest in CTDT for the right to develop other of Snapers patents. But Chaz seems to be set on the direction he is going. So I wait :)
Yes - his post seems odd. How are you doing?
Thanks JD
Yes - If you are serious there would be a bid for a few hundred thousand shares at .15. Current bid is at .13 for 10K.
I guess that means you can't answer the question or simply don't want to because it completely invalidates your original post. Thus the continuous misdirection - Did they or did not they not report that value on their financials? Simple question and easy to look up. That is what the other company that is under SEC complaint did. Very different - Of course I am confident you already know this.
Well - actually at .20 pps then that wouuld be 2 million. So Apache was willing to value CTDT stock at 1.00. How they report that is up to them. But beyond that can you show where in the financials CTDT claimed assets of 10 million for that land? If you can I will be happy to say you are correct and that it is shady accounting.
Not remotely the same thing - lets be honest. CTDT did not put a mythical value to the land and did not include that mythical value in their financials. There is no doubt that kind of action is fraudulent hence the SEC complaint. Guess what - there is not SEC complaint against CTDT.
You keep claiming there is fraud or scam intended here. Poor management decisions and actions does meet the standard of fraud or scam. Nor does lack of knowledge or understanding of management actions or intents.
I am with you Vince. I have a list of potential investors but Chas has seemed very uninterested. That is my greatest frustration. Whenever you talk to him he has all these things working or in place. But then you see no evidence of that as times goes on. There is no shame in needing help. Refusing help because you think you can get it done on your own and then not getting it done is silly at best. Snaper has 3 different patents I believe I can get companies interested in developing and they could fund CTDT (easily) for the rights to develop those patents (along with a little stock and commitment to paying CTDT a royalty on any products developed). A win for everyone. But I have to know that CTDT would be open to those types of discussions. Not just get a "we are working on things" comment. I was burned once bringing in a group of investors - not doing it again unless I am guaranteed a reasonable audience.
"There is essentially no gold in coal ash." Your words not mine. You even emphasize it by using the word "essentially". Either that or you use it to "protect" a weak position by saying that there is no gold unless maybe there is gold. You can't have it both ways - either there is gold in coal ash or there is not.
1. adverb
You use essentially to emphasize a quality that someone or something has, and to say that it is their most important or basic quality.
2. adverb
You use essentially to indicate that what you are saying is mainly true, although some parts of it are wrong or more complicated than has been stated.
I simple gave you several references from reputable sources - including a document listed by Harvard that says there is.
Of course there are many gold scams out there. I don't think anyone would deny that. But most of them have several things in common. The owners are profiting from the sale of shares, they routinely send out PR updates to prop up the price, many of them close down and reopen under new business names, the owners typically have nothing at stake. Not a comprehensive list and not the only factors but fairly common.
CTDT has never done a stock pump promotion and the management is continuing to invest their own dollars into the company. If it fails they lose their own money not just shareholders.
Personally I own and am invested in 1 penny stock. CTDT - and I only invested after I called Rhode Island to verify they had machines and were leasing them to CTDT. I visited the Vegas office and spent the day with Mr. Snpaer. I read (still have a copy) of the original business plan written by Mr. Prentice. I met David Anderson the man responsible for putting the initial funding deal together for Mr. Snaper. I saw the tubes and crushed carbon results from testing and I saw the GIA certificate verifying the diamond was 100% real diamond. I have done a lot of research. This is an R&D company not a scam. Of course I wish it were run more efficiently. In my opinion they are two to three years behind where they should be due to management decisions or lack of management at all. But They are making progress. I do agree with you that it would be nice to see a retraction or correction for the PR they did about Chloride. I cannot tell you why they have not done that. Could be the cost, could be legal reasons between them and the mining company, could be lack of time - I don't know.
In terms of gold in coal ash here a few links from universities and scientist that would disagree with your assessment that there is not gold in coal ash. The key is finding a profitable extraction process. There are more links I could offer but I felt these should be sufficient.
http://adsabs.harvard.edu/abs/2014MinDe..49....1S
https://www.mining.com/us-coal-ash-highly-rich-in-rare-earths-scientists-find/
https://www.rbth.com/science_and_tech/2014/12/22/theres_gold_in_the_garbage_extracting_precious_elements_from_42453.html
- For anyone - How fast do you think someone can go on a bicycle? I had no idea. The fact is that in 1984 3 time olympian John Howard was able to go 152 miles per hour - measured at the Bonneville Salt Flats. His heart rate reached 195 beats per minute. I never would have believed someone could go that fast on a bicycle. 10 years later someone was able to go 161 Miles per hour.
- This process (in human sports and endurance) as well as technological advances is quite normal. Someone has an idea, theory or concept that they explore. Sometimes it proves to be faulty or unobtainable and sometimes it provides the basis for some form of breakthrough.
We are a better society because there are pioneers that push the envelope. They reach for the impossible and don't stop even when they fall short.
I am OK with the fact that Mr. Snaper's assessment of extracting gold from fly ash fell short of economic viability. We learn as much or more in failure then we do in success. In fact true failure only happens when we quit trying.
Where would we be if we decided that orbiting the earth was sufficient space research and did not push further to land on the moon? What if we stopped researching computers as soon as we had the hand held calculators. Or stuck with phonographs or film based pictures. I am grateful for the men and women that see into the future and the possibilities to build on our knowledge and technical abilities.
I am grateful that Mr. Snaper was not satisfied with just creating Ballys first computers, or gillette's razor coatings, or the small heart pumps he developed. I support him because he is a visionary and sees beyond the normal persons possible and pours his life into achieving it. Many great men have been mocked for believing something could be done and spending their lives trying to make it happen - despite the cost and ridicule. Men who believed the world was round were mocked by those who thought it was flat. Many who believed we could fly were mocked by those who thought we never could.
Bottom line is I don't know if CTDT will ever be able to go into mass manufacturing. I have seen the preliminary results of the process and know it can crush carbon and create diamond. I don't where they are in the process beyond that. Do they have the measuring and control needed to go into full blown manufacturing? I think they can get there. But I don't know for certain. What I do know is that Mr. Snaper will invest the balance of his life working to see it happen. For that I am grateful. The value of the process will be a game changing technology that will impact ALL of society for the good. For that he needs to be applauded. Even if he falls short and someone else in 5 years or a decade or two later are able to refine his concepts.
I am here as much for the support of Mr. Snaper and the CTDT process as I am for an investment. I get as frustrated with anyone else with the way they handle things. But I am here to see this succeed and I will not leave until it is highly successful or completely shut down and proven unviable. Even then I will be appreciative of Mr. Snaper for it is men like him down through history that give us the quality of life we have today. GOOD LUCK TO ALL
"We will be working on plans to set up the Opportunity Zone Fund that among other things, will look to provide capital to Centaurus."
Funny - I did not see anything in here about a convertible loan. Lets stay on topic :)
I am with you - I think we are close!
But I agree Pony - this thing will climb hard and fast once significant news is released like funding. By the way it is nice to see you posting again :)
Yes - any kind of news not only supports this but creates good upward momentum. Not sure what is driving this current push but it would be nice to hear the company give us something to help maintain it. Even little snippets like Naval gave us about the trip and purpose to Oregon. One liners or updates - VC offered to do this for them. Can't imagine why they would not take him up on it.
why do you say that IT?
I show 16.5k at .16 bid and 5k at .17 ask. Nice to see the spread thinned out a little and ask thinned down.
Not sure what you find conflicting in that - Total price - 10 million 80 thousand - paid via 10 million in shares and 80,000 in cash. Pretty simple really unless you just want to create controversy.
I would also like to know what they spent over $300,000 on that they qualify as administrative and general expense. They spent $30,000 on rent and another $300,000 on what? Seriously they have not reported any progress in any thing so what are they spending the money on? $330,000 every year while not making any progress digs a hole really fast. Repeating the same thing in 10K after 10K is not helpful. Naval do you have anything you can share about this?
Yes - this is my frustration. I have potential funders and funding methods and all I get from Chas is that they are OK. That makes zero sense to me. If they are OK for funding then things should be happening. Yet they seem to struggle to get things done and all evidence leads to a lack of funding. If things are not happening because of funding then why would you not entertain any and all possible venues?
Naval - do you think you can get a reasonable explanation for shareholders as to why the financials are late yet again and why they have had to file another extension. It has to be something substantial because there just is not that much material change to make filings challenging. Thanks
Just because nobody has heard of them does not mean they don't exist LOL - I have been to the office. Why don't you call the State of Nevada and see if they exist. You seem to be into telling everyone else to make calls to check things out.
That is your opinion and you are entitled to it but I would put more stock in your comments if you did any real due diligence on this company instead of just picking one thing and parroting it repeatedly for days and weeks on end.
Does not really matter
So what is the status of the financials and why do they seem to never be on top of the reporting. Can we please get an explanation of that and how they plan to fix that problem. Thanks for the updates on the other things.