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We won't know this until an 8K is filed. I get the impression from LT that the funding will be equity based but that is my speculation only.
I think a lot of us would like that deal
.095 is a good price now. I imagine NITE and MERQ will print a lot of shares. If you really have the cash and want in you might not have a better opportunity. 10K is done and could be out today or tomorrow. Then who knows how fast PPS rises. JMO
Except this is the first time a 10K is due in the last 9 months.
Well hopefully we will all thrive on CTDT profit!
Not good enough for Jay - He wants them delivered to his house so he can see them.
Wow - some of you guys need to take a valium. Seems the more info you have the more you panic. The publishers clearing house team could show up to your door and you would give them the third degree and question their validity. If the waiting is to much for you then sell. It is better than giving yourself ulcers.
Which is why LT has stated several times that he believes they will need more machines to meet demand. Do you really believe that these guys have not thought of that already?
He was very careful in this part of the discussion but I got the impression it was equity. Might not be but it seemed like that is what he was'nt saying so I agree. I don't think it is paper.
More like - I said this was the real deal and have done all kinds of tricks to get cheap shares. I am too smart to buy 1.2 million shares of a bad investment and I am also too smart to dump 1.2 million shares on an 18 million float because I will lose my shirt. But if I can scare a few people I might be able to pick up some more shares cheap tomorrow before the 10K and PR starts.
Nice to see the bashers have vanished along with their unethical practices. I guess they finally realized the underlying strength of the stock and went and found a more suitable stock to short. Those who still have short positions are probably going to be in trouble tomorrow.
Chemist - there is nothing wrong with being conservative or cautious. I know that you, Jay and MBA are all that way. I give you all credit for taking a risk even when you had doubts. Sometime fears delibilitate people. You guys have taken action. I hope the optimist here are all correct (even modestly correct) and you guys are richly rewarded for taking that step.
Blog post is pretty much everything he told me today. PR will start as soon as Mr. Prentice signs off on it. LT hopes Friday.
Are you saying it will not hit $13.70 at anytime during the next 12 months? That is quite different than saying it will not be at $13.70 (or higher) in 12 months.
I posted that earlier today. LT said they will need to do a follow-up 8K to post the financials.
Why don't you take a quick look at some pharmaceutical R&D companies and their share float and PPS. They are just R&D but the market prices them on expectation. You don't always have to have huge revenue for the market to value you high. Again - look at facebook. There are examples all over the place. If CTDT proves the patents they hold actually do what they say they do the market will price it accordingly. At some point it may come back down into a lower trading range more appropriate for the revenues but there are a lot more people who invest in the market based on perception than there are who invest on true value. That is why there is 1 Warren Buffet for every 100,000 (I lost my shirt in the market) investors. It might not make sense (Yes it is actually lunacy) but it is also reality.
Billiam - I believe he is comparing to the industry. He said all other synthetic diamond companies are in the red - not due to poor management but because of the high energy cost. Converting carbon to diamonds takes a great amount of energy. He said Mr. Snaper has found away to "cheat" the system using the magnatek process. Engergy cost are so much lower that profit margins are considerably higher. Competing in the open market then CTDT can put a comparable diamond on the market at a comparable cost but realize a 500% profit margin. As he said they could cut their prices in half and still realize a 250% profit. This is what I have been saying for months. It is the economics behind the process that makes CTDT so valuable. They make other methods obsolete and so they are positioned to dominate the synthetic diamond industry. Then you add the ability to produce diamond components in an economically viable way and open the door to all kinds of new technologies. All with CTDT patents. A new product we don't know what is yet. Graphene as a bonus baby. Remember DEbeers synthetic diamond company is valued at 500million. It would take a really strong argument to convince me that CTDT is not worth 1 billion at a minimum. This is where I have gotten my valuation projections. I know it scares a lot of people but it is based on sound business valuation methodology.
LT used the 10K blue diamond as an example in his marketing analysis. I don't know if they make them but I would assume they can if he used it as an example.
I hope this helps - I did not take it as bashing at all. We are all trying to learn more here. Can't wait to get the full picture.
He was talking about margins and pricing and how social media could help market the product. I have know idea if they actually make a 10ct blue diamond but since he used it as an example I would consider it a possibility. Why else use it?
I got the impression that when he talks about a larger machine he is talking about power more than size although it could be both. I also got the impression that these machines have multiple functions/configurations to them.
He said again that Mr. Snaper's mind is exponentially beyond most. It will be fun to see what they actually do vs. what they think they will be able to do vs. simple speculation/theory.
He spent a lot of time on this - talking about the 4th of July etc. etc. He said he put the plan on Mr. Prentice desk Monday and has been calling and faxing him to try and get approval. He was not certain he would be able too but very firm on his desire to get it out starting Friday. I asked him several times. He also mentioned that if he did not get it out Friday he would be sending out something everyday next week which he does not want to do. Perhaps something changed and he feels he might be able to move the schedule up. Regardless I think anyone wanting to get in at these prices needs to do so very soon. Looks like things are getting ready to heat up.
Just got off phone with LT - here are some of the things he shared with me:
1 - 10K is done and in the hands of the person to file it (most people already knew that).
2 - He hopes to start PR's on Friday but is waiting on approval. He said he wants them to start Friday so he is not putting out something everyday next week.
3 - He would like to give out some information about the new product (not everything) in the first PR.
4 - The new PR firm does standard and social media PR. They will be the one's setting up LT's twitter account. When he tweets the PR company will automatically retweet.
5 - The three machines will all produce diamonds. The larger machine was used to produce the new product being introduced but they will want to get a larger machine to handle that production.
6 - The tweaking of the machines in Rhode Island is being done right now by Mr. Snaper so they should be ready to move soon.
7 - One of the things Mr. Snaper is doing is adding a new feature to the machines (he is not allowed to tell me why yet but it is "mind boggling".
8 - Funding is in place but description of the funding was not included in the 10K therefore at least one 8K will be required.
9 - Currently there are 5 employees at CTDT and LT who is contract labor. I told him the shareholders could put in a good word for him to get him on full-time LOL.
Some other things he mentioned in the discussion which have been stated before on the board but to reiterate:
Energy margins are 1000% to 1100%
Profit margins are 500%
He also used a 10CT blue diamond as an example.
GIA grading system for synthetics is NOT done and they are looking at alternative solutions while still maintaining a relationship with GIA.
Can't wait to see "Denver" get a dose of reality. :)
From company website:
The Gemological Institute of America’s new ratings will work just like those for natural diamonds, grading them according to color, clarity and cut.
Sounds like this is a done deal with process in place. Maybe everybody else knew this but I just noticed it for first time. I knew that was the hope and goal but had not seen it referenced as done.
Once the 10K is out I think they should absolutely start blasting to the world what they can do. The more eyes the better. I think the quiet time was critical though. The P&D orchestrated by prior management did not just hurt shareholders. I am sure it hurt the companies credibility in the industry and hindered potential alliances, revenue agreements and other negotiations. Mr. Prentice and Mr. Snaper have gone to the extreme to rebuild that confidence. We will all benefit from it soon.
But yes - once the cat is out of the bag they have to be consistent and do a much better job communicating. No riddles, unkept promises, or silent stretches. Loud, clear, repetitive and on-going PR!
Actually I think Mr. Prentice has put LT is an extremely difficult position. Because LT is contract labor he has no authority yet he has to get things done. I think in the long run people are going to realize that Mr. Prentice is extraordinarily invaluable to this company. He seems to control the cash-flow and information flow with an iron fist. That makes news limited and sketchy and is very frustrating for investors and probably LT. In the long term it means this company has consistently operated in the black. Also companies who have very sensitive R&D projects and trade secrets know they can trust the management at CTDT to keep things quiet. Mr. Prentice seems uniquely qualified to navigate the difficult waters of the international diamond industry and negotiate effectively with the players involved. I don't think he will give the farm away but will produce fair and lucrative contracts for CTDT to profit from and leave plenty of room for future negotiations utilizing the unique patents and procedures of CTDT. The wait will all be worth it. IMO
I actually think there is 100 to 200K out there. With the trading pattern we have been in and little to no volume that is a lot of shares. I think MM's are playing with most of it. I also think that slowly the number of shares are getting less. A volume pick up back to our average will move us up. A volume of 500K - 1 million will make this thing move substantially. Multiple days of 500K - 1 million will put us all in happy land. JMO
3000 shares after hours on form T pushing the pps up. MERQ is now completely off the L2. Not sure what that means. Hopefully they don't come back at open on Monday.
Well we know info will begin to flow. The window to get in at these prices is closing quickly. Probably 5 business days max. Could be as little as 1 or 2.
From Company Website:
Mr. Prentice serves as Chief Operating Officer of Centaurus Technologies. His responsibilities include business development, strategic planning, marketing, production coordination and various administrative roles. With over 20 years of direct experience in gemology, Mr. Prentice has worked in the gem industry as a broker of one-of-a-kind gems, as a wholesale gemstone dealer and as a gem cutter. Mr. Prentice holds an undergraduate degree in Business Economics from the University of California, Santa Barbara...
So at what point can those involved in negotiations or locked out of negotiations begin buying. After the 10K?
Wow - that is forward looking. I have asked LT several times specific questions on details like that but he has not been able to answer them. I am sure we will begin to see a clearer picture over the next 10 days.
I believe part of the reason the company has put out so little information is they have been struggling to control a monster (good monster of course) that continues to open new possibilities. Were they just a diamond manufacturer things would be easy. But they produce diamonds and will be a disruptive force in that industry. They also can build diamond doped semi-conductors and chips. A completely different industry and again disruptive. They also produce A LOT of graphene. What do you do with that? And what else do their patented processes create and what other possibilities exists? This has always been my biggest concern - How they build out the company. I am certain this is a $5.00 to $10.00 per share company based on limited production and patents. How far they go beyond that will completely depend on how well they structure the company and are able to efficiently capitalize on the varying product lines and revenue streams. I am sure they are a long way down the road in that decision making process. I am looking forward to seeing their plans in writing!
That would seem logical but LT has hinted that the other patent CTDT holds is the one that will make everyone a lot of money. I assume that is tied to the other product and the patent is for producing chips, semi-conductors, etc. I guess we will all know fairly soon :)
I think the key is Moores law and the necessity to move in that direction. Current computer chip technology is hindering the future development in technology. Manufacturers are already spending millions in R&D to come up with a solution for a faster chip. They all already know that it will probably have to be graphene/diamond based to endure the heat. They have been working on it for years already. I have know idea how far along they are in retrofit and reprogramming. I am confident that once the chips are proven viable they will move to make those changes as quickly as possible. One company cannot risk sitting idly while another company moves forward. That would be corporate suicide (See RIM as an example). It might take them a long time but that will not prevent them from securing rights to the technology now. Whether it is high-end applications in defense to begin with, consumer based products or a mix CTDT should be able to profit handsomely from them all. Just sit back, relax and watch the stock price climb ;)
I think it is based on lack of information. We know a small fraction of what lies under the hood here at CTDT. Some like to fantasize about all the possibilities while others need factual input to help them stay grounded. We all tick a little differently. I find that to be energizing and makes for a better IHUB experience. It apparently just annoys others. I personally am 100% convinced that CTDT does what they say they can do and much more. The stock price will begin to reflect that as they begin to tell the world their story. I am not going to freak out over what they cannot do, or what they might be able to do but can't yet. I am going to enjoy the ride :)
Can't wait to see them in my rear view mirror!
I have no idea what Mr. Snaper is doing in his lab. I do know they make diamonds. I also believe they will be able to make chips and semi-conductors that are far superior to anything currently mass producible now. They mention that on the website. Beyond that EVERYTHING is speculation. All I know is that I am excited to watch this company unfold.
And by the way - In answer to your other question - I held a Top Secret Background Investigation Clearance in the US Army for the nuclear weapons program. I was in charge of a team that built nuclear weapons. I do understand a little bit about this topic :) Probably not nearly as much as many here but I am not ignorant on the subject. I would really rather we not get to point that we have to be completely literal on this board. It really will kill a lot of the fun. IMO
Agree Jay - There were also a lot fewer bashers yesterday.
Is that a serious question? You guys crack me up. I don't believe the comments passed along by LT said the machine "created" radioisotopes. Should I ask you if you even know how to read? LT has spoken numerous times about some form of medical application to scan for tumors. I have know idea what CTDT's part in the operation might be. Rather than discounting something that was never said why don't you assume that there is some valuable information in what was shared. IF CTDT allows the improvement, enhancement or creation of new medical testing equipment to provide early detection of tumors that is huge news. I don't give a rat's rear end what part they play in it. I care that their technology allows it to happen.
There are a lot of people on this board (you are probably one of them) who was extremely skeptical that they could produce diamond. Guess what, they do. We have a lot of intelligent people on this board many with science and engineering backgrounds. Sometimes the scientist and engineers allow their training and education to cloud the possibility of new discovery. That is all I am saying. Take EVERYTHING on this board and what LT say's for that matter, as little pieces of a puzzle - some elements may be fact, some elements may be fiction and some elements may be speculation. Use it all for discovery. But don't insult people because they don't agree with you or because they speculate or for that matter, speak tongue in cheek.
And the world is flat - and Galileo is a fool....etc.etc.etc
Just sayin!
I don't know enough about what they are doing to have any clue what they can and cannot do. I suspect none of us really do. Most people still think they really cannot produce diamonds - guess what they call it! Impossible and BS.
Makes sense because one type of radioisotope is carbon based (carbon 14).