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Look at it this way - If you are a chip manufacturer and you have the opportunity to produce a faster, cooler and smaller chip than any of your counterparts at a comparable price and it can be used in anything from cell phones to airplanes to medical tech what you expect to pay for it. You are in a half a trillion dollar annual industry and you can have the keys to dominating the market for a few years. Personally I don't think 50 billion would unreasonable but I could see it going for a lot less. 10 billion would be $50.00 per share at current float and I think that would be a bargain (since they now own the licensing rights) and also a realistic price once concept is proven. MHO of course.
Refresher for new people on some of the patents potential:
Diamond jewelry sales exceed 72 billion annually.
Industrial diamond market is approx. 25 billion annually.
Over 80% of industrial diamonds are synthetic.
Magnatec's process cuts costs of production by at least 80%.
Reducing production cost will make it possible to use diamond as a raw product in manufacturing.
Currently the largest potential use is in computer chip manufacturing - Silicon chips maxed out their potential years ago due to its inability to handle heat. In short Silicon melts. This is why you have computers with multiple chips now instead of faster chips. Diamond does not have this problem. It moves information faster and does heat up. Computers, cell phones, transportation, medical and electronics all use computer chips. The semi-conductor industry does approx 500 billion in annual sales.
Side note: Mr Snaper and CTDT hold the patent for doping chips with diamond.
In addition to current technological uses it is likely that new industries will be spawned from this technology. This is a natural progression that always happens.
The Magnatec process produces graphene and other allotropes naturally. Each of these bi-products could potentially result in additional revenue streams, markets and technological advances.
The process itself of collapsing a magnetic field could be used in new applications. While collapsing a magnetic field has been done for a long time nobody has ever been able to control the process by adjusting force and heat and measuring accordingly.
The significance of this process cannot be overstated. It is a revolutionary technology. What they do with it, how they do it and how long some of these processes and uses take are still a question for us as shareholders. But there is no doubt the value and potential is enormous.
Wen there are several people on this board that have done substantial due diligence. We have talked to the people in Rhode Island that leased the original machines, we have seen the original document from the GIA showing the diamond produced to be the real thing indistinguishable from a mined diamond. The GIA did not know it was a man made diamond when they tested it. We have been to Las Vegas and met Mr. Snaper. We have seen the carbon tubes that are crushed with the carbon material in them and seen the resulting diamond particles and dust. The patent is real and the process is a game changing technology. The process has been working for nearly 7 years. The problem was the business operations and the testing system for the machines. Mr. Snaper has said the measurement problem is solved and Chas seems to be the answer on the business side. Don't let people who have no problem hurting others for personal gain influence you. This has the potential to make even the smallest investors wealthy. There is no guarantee they will maximize to the fullest potential but even short term with news and removing the chill this is destined for much higher pricing.
Sad thing is he makes nothing off of the razor coatings, or Bally's or tang or any of his other patents at this point. This is his big one and the thing he wants to be remembered for. Brilliant man - It is a shame he was never able to connect with a really good business man to optimize his patents and just give him a lab to create in.
No doubt that is possible. There are some here with enough shares to easily drive the price back down. Fortunately most here have been here since on or near the beginning. They may take a little profit when this goes up a small amount but I think most are in for the long haul. Also as the value goes up they can sell a little bit at a time still making nice profit while keeping the bulk of shares to grow. Dumping too much into the market would only hurt their own positions. The real problem is the short term investors that are selling into the bid and bid sitting for short term profits. They are holding the pps down and will be able to continue to do that until we have substantial buying pressure. So while the bump we have seen is nice we still need better news and PR's to help this gain exposure.
Wen I think most of it is. This is not a well known stock yet and with the chill on then any new blood would be extremely cautious. You really need to do a lot of due diligence to understand the value and long term prospect of this stock. With the chill and the history of poor to slow management in prior years this just does not get respect as an up and coming company. It is going to take a few good PR's with solid evidence of forward progress (joint ventures, licensing agreements, or revenues) to break through.
Microsoft did 8 splits in about 10 years. If you purchased 1,000 shares at the 1987 average stock price of .22 ($220) that would be worth over 140 million today and that does not include the last split. Not saying CTDT will perform that well but for those who don't have large holdings I just want to point out that the potential of turning your small investment into a life changing investment is there if you hold for the long term.
Congrats to those on here who are now or close to being a millionaire. CTDT will make a lot more as they continue to progress.
Yeah it is nuts. Any kind of significant volume will drive this like crazy. Not sure what removing the chill will do for volume. It is really going to be PR's that describe the potential for the technology that brings significant buying pressure I think. Some will invest based on just diamonds but licensing to chip manfacturers will be what sets this off I think. Not sure why they have not done a split yet. They need the liquidity and I am sure it takes time. I think they need a 3-1 or 4-1 to really help or a few 2-1's in succession.
I agree VC - MM's mostly keeping (control) of the stock. Maybe some small time day traders. The gap had to be filled anyway so it can prep for next run. 30,000 - 40,000 is just not enough volume to consistently push pps. We need 100,000 and up consistently to keep pressure on the price and that will only come with news.
Been is R&D for the last 8 - 9 years. The CEO and the one of the Board members fund as needed. They had fallen behind on financials and so a chill was placed on the company. They brought all financials and filings current in December and have filed the paperwork to have the chill removed which should happen in the next few days. They also filed paperwork and were upgraded from pink sheets. They finished the last bit of R&D last year. The process (collapsing a magnetic field) creates such force and pressure that it took a while to get the measuring systems working. They solved that problem this past year meaning they not only can make diamonds in less than a 800th of a second but they can control the heat and pressure meaning they can dictate the type of diamond they make. They are on the verge of going into production and announcing distribution agreements. The margins on the diamonds are insane. It will turn diamond into a reasonably priced raw material for all kinds of technologies. The float is insanely low and technology is game changing. Not only is it real company but a company that whose product has the potential to redefine multiple industries. Check out Alvin Snaper (the inventor) - He is a remarkable man. Hope this answers some of your questions.
Just a personal note on the bid sitting. We climbed quickly Friday because buyers were buying on the ask not the bid. The higher the pps is when news breaks the better it will be for all of us. Selling into the bid and bid sitting on a low ball bid may not be the best strategy for this stock at this time. Of course each person has to do what they feel is best but if you are planning on holding for a while then supporting the pps as best you can may be prudent. JMO of course.
VC - totally agree on the movement at only 105,000 shares on friday. This is so thin it does not take much. The stock did have to fill the gap though so not a big surprise the price has dropped back down some.
The DTC is a private entity. They are members of the Federal Reserve and an authorized clearing house under the SEC. The Federal Reserve although governed by congress is funded separately and also is operational. The FTC is closed but I don't think that should impact a DTC chill. The chill was placed by the DTC not a government agency so they should be able to remove it without government agency input I would think. Even though the FTC is closed the banking system and trading boards are all fully functional.
Agreed Billiam - nobody really knows about this yet. Until the chill is off then Chas will not release any news. It should get good attention once news start going out. If they announce production they will no longer be considered and R&D investment. That should be a big boost for volumn.
So there was a lot of dilution of shares but it was kept in house by current management and so the low float is theoretically still in place. I can't express how grateful I am to Chas and management for handling things this way. They really have protected current shareholders well.
Naval you are correct. The public float does not include management shares. The 30 mil figure is what is traded freely on the market. If management sells shares they have to do a filing and disclosure so the public knows about it. If you had in Snaper, Chas and Delisle then you will have the 160 - 170 million figure.
Thanks for the update Pony. I appreciate the news and look forward to the future. As always Chas continues to move things forward. This should be a fun year with CTDT.
Yes it is nice to be upgraded but most of the buying on Friday was board members here. The chill will keep pps and buying down. Once it is removed we should see a big change in interest.
Well I have always been accused of being an optimist. But I don't see it taking nearly that long. This thing has always traded on air. That is due to the low float and tight hold a handful of people have on shares. If they come out with news of production I think this hits $1.00 in a week. It hit $2.00 when it was pumped early and that was without any production. I think it settles somewhere between $1.00 and $2.00 without any other news but production. I also think that is a reasonable early valuation for the company. Once revenue begins flowing and they start entering into deals I would look at $5.00 per share. Concerning splits the only logical split would be a forward split to help with liquidity since the float is so tight. If they can enter into other agreements beyond diamond production or enter into some kind of arrangement with Debeers then I would look at that being much higher. Once the technology begins to filter into the industrial and tech worlds a lot of people will have interest in the patents. Bear in mind that a small diamond company in Canada had its stock go from penny's to $60.00 per share when Debeers bought them out. And all they had was the potential for mining more diamond. No long term technology - just mined diamonds and the high cost of extraction. I would be happy if this climbed slowly and steadily because of the production and value but I also would not be surprised to see it go stratoshepric with the right news. JMO of course - be interesting to hear others opinions on this.
I agree VC - While the pace has been cringe worthy Chas has continually followed through on what he tells the shareholders. From no dilution to keeping pps at or above requirements to putting the company in place to begin production he has been a steady hand. The only miscue was the hiring of Lauzon which creating the epic delay. I appreciate that Chas took on the role of President and CEO even though it was not his first choice.
Looks like they peeled off Snapers, Delisles and Radovich's shares. They must be a different class of shares now and have some kind of restriction on them. That is really good news. 30 million shares is an insane stock float. Most of those shares are held by people on this board. This is probably the best news I have heard from the company in over two years because with news and production that low float will have a major impact on pps performance.
Does that mean the chill is lifted? If it is lifted why has the company not passed that info on to the shareholders? If it is not lifted what has happened that Fidelity is now letting you purchase it?
I guess someone is fed up with the constant delays. I am surprised we have not seen more of this and amazed that the pps has held up for so long.
I guess someone is fed up with the constant delays.
But this is to get listed. They were already listed just had a DTC chill. You could purchase the stock (a few places). I would not think they would need to reapply but what do I know. I am clueless - hence I have no idea what kind of time frame is reasonable for us to expect.
Hard to say since we don't know what getting the chill removed entails. Apparently more than Chas knew but unless he told somebody what that was then I doubt any of us know. Is it just a getting a few more forms submitted? Do you have to give evidence of "fixing" the long term problem? Is it just a matter of a few bureaucrats approving the request? Wish I knew.
Yes - very true - But given that Delisle and Chas have dumped about half in mill into the startup one wonders how much better that money would have been used if a portion of it went to hire a full time on-site CEO. Of course I think that is what they thought they were doing when they hired Lauzon. Unfortunately just because you understand marketing on a global scale does not mean you understand the work flow of a start up. I really do think that is where things fell apart. They trusted him and let him alone and he simply did not mind the store properly. Chas was more than happy to hand over the CEO reigns and was not really prepared to take them back but they really did not have much choice at that point I guess. I am sure he will gladly add help when they are ready.
I'm all in for that - I would be happy to help. Can you imagine what Mr. Snapers worth would be if he had worked with good management teams. He has multiple products out there worth hundreds of millions of dollars and he gets nothing from them. He has patents in his office with the potential to be 100's of million dollar companies and they just sit. The man is brilliant yet most of his work produces little for him and a lot of it produces nothing for anybody. CTDT technology should have been in the market years ago changing everything we do. I am hopeful it will be soon but not confident that management has the vision for the full scale potential or the ability to maximize the patents value. I think they will get it out and I think everyone holding here will do well. But the long term potential dwarf's the short term and it is going to take vision and execution.
Yep - once again their inability to follow through impacts any potential momentum. It is amazing this stock held in the mid teems as long as it has. It is unbelievable to me that "according to the story" they found out the day they try to get the chill off that the laws have changed. Really! You go months working to get the financials done so you can remove the chill and suddenly you don't know how it is done? We were asking that question long before the final financials. They did not ask the same questions? You have been in conversations with your transfer agent and they don't know how it is done? I am sure this is going to get done but please stop the lame excuses. Please stop telling us the dog ate your homework. At this point all it does is further erode any confidence people might have left in management. Please get this to market and pass the management off to a new team.
Merry Christmas Everyone! May 2019 be a healthy, happy and prosperous year for you all.
I don't know much about DTC chills other than the negative trading associated with them. Does anyone know if the chill is removed automatically or is there paperwork that needs to be filed? Are we waiting on the process or are we waiting on paperwork getting done?
Thanks VC - guess we enter another watch :)
Can someone with L2 access let us know if/when they start seeing new MM's show up? Thanks
Some key points in the filings -
Company had 26 dollars in the bank in June and zero in September. To say they are running lean is an understatement.
They have a 250,000 line of credit with an investor - not sure if that is Delisle, Chas or someone else.
The loan rates and stock swaps for services and investments are very reasonable. Kudos to Chas for really protecting the investors and not overpaying when they probably could have.
Shares outstanding have gone from around 73,000 to 211,000 (roughly) during the last few years. Still a low float and well worth it to get the R&D finalized and company positioned to go into production.
Not sure what the $114,000 default judgement liability is but I am guessing it may have something to do with getting Lauzon out.But that is just a guess.
Overall even though the company shows losses they are not huge numbers considering the progress that was made and the potential behind the technology. Normally penny stocks with developing major technologies have stock floats 4 to 5 times higher and their liabilities are in the 10 of millions.
I have to say that while the last two years have been extremely frustrating the company is really positioned extremely well and I think Chas gets the credit for most of that. They have managed to keep a low float while not taking on significant debt and have completed the R&D, They purchased back a money making patent and have arranged distribution for the product. I would pick up another million shares of this in a heartbeat if I had the funds. You don't see this kind of unique technology positioned this well very often.
To me there are only two really significant questions at this point. Is the funding really in place and how is it structured and how do they intend to manage the company when they begin operations?
Can't wait to hear news!
Anyone here know how to tell when the chill is off? I am sure brokers would know as well as the clearing house but is there somewhere things like this are posted?
Chas is the man - is and always has followed through with what he tells us. Slow as mollasses sometimes but I think that is going to change. With filings current they should be ready to step up everything. Just hope they bring in enough help. GLTA
In answer to your question. Yes I have talked with Chas about bringing in funding help. His comment was "we may need bridge funding once we are operational but we may not". My assumption then is that money is not an issue. Nor is the R&D. With startups those should be your major hurdles. Keeping current on filings should be way down the list of potential problems. CTDT has a board. If Lauzon messed things up so bad they should have been aware of it much sooner and acted accordingly. Instead they waited almost two years while the company fell out and stayed out of compliance. This is not all on Lauzon. It is the boards responsibility to ensure management is functioning properly. CTDT's board and management are just not efficient. I don't think it changes the short term prospects for the company and the stock but if they don't make substantial changes to how they run things once they are operational they will have major problems. That should concern everyone here. Starting up a machine and producing the product are the easy parts. Operating like a real business is an entirely different animal. They need sales and marketing, admin, accounts payable and receivables, production, quality control, packaging, delivery, etc. etc. Based on how challenging it has been to get financial reports in on time and remain current do you really have confidence they can magically handle all the other things even though the complexity is much greater? That is why my preference would be to license rather than produce. I don't have confidence in this management teams ability to manage a fully operational company well. Their history says just the opposite. I am sorry some of you think that is being negative toward the stock. I am still here because I believe the technology is amazing. I think it is a great opportunity and would buy more if I had the funds. But they have a lot of work to do to convince me they can operate well. Maybe they have a plan to bring in a seasoned management team. I hope so and would welcome any information that would indicate that. You guys know I have been bullish on this stock for years and I still am. But watching them struggle with lack of funds or to complete R&D is one thing. Being an administrative disaster is a completely different animal and that is what we have seen for far too long. I am just trying to be realistic here.
I think some of the frustration is that most here don't mind waiting for R&D. That is expected. But the measurement systems were completed a long time ago and apparently the funding is not an issue. We have been waiting for over a year now for things that are a reflection of poor management, poor decision making and an overall sense of lack of urgency. You expect a development company to take time when they are in the R&D stage. Once R&D is done you expect them to move forward fairly quickly. Not so here. The only time we see any thing of significance is when we start saber rattling. And then we get a small piece to keep us satisfied and wait weeks or months again until we start making noise. In September we were told the financials were done. We got annual filings so you would assume that was true. Then we waited for two months. Then we are told the financials are done and get a few Q reports. Rinse and repeat two more times now. Either the stuff is done or it is not done. It can't be both. And if they were done in early September then why did we have to wait another two months to see more partial filings. Something does not add up. This does not mean I don't support and believe in this technology nor does it mean I don't appreciate the work Chas is doing. But as shareholders we deserve more effective management and certainly more open and honest communications. The cryptic messages are really old. I would be OK if they said they need money to complete the filings. I am not OK being told something is done and seeing evidence to the contrary.
CTDT's problem has always been their approach. Because they need money they limit their expenses. A reasonable thing to do as long as it does not hinder your operations. Relying on one person to handle the admin and operations of an organization is begging for problems and we have seen the fruits of that. Funding needs to include a least one full time on-site position and backup support for that person. That way if a family emergency happens or if someone dies or suddenly leaves then someone else can take care of the critical and time sensitive items needing attention. When people seek VC or bank funding one of the factors looked at is the ability to manage and operate the company. Because Chas and Delisle and Snaper to a lesser extent are funding internally they don't want to spend more money. I do understand that but also recognize that they absolutely need to bring on a good manager when they go live. If they try to go the one man band approach it could get really ugly. Fortunately for us the value is in the technology and they cannot mess that up. But I really would like to be invested in a well run company. Without the amazing technology I would have run away from this as fast as I could a long time ago. The value in not bringing on VC's is that the ownership is not diluted. I am grateful for that.