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Hi NN,
I spoke with LT yesterday and he remains very optimistic. There is a good chance of significant news this week although he could not say much more at this point.
Interesting note. After re-reading earlier PR's from 2012, I asked LT to comment on the current company's relationship with De Beers as a potential (product to market) channel player . His reply was that my question was interesting and he was not able to comment. My thinking is highly speculative to be sure but not out of the question, IMO.
What's your "top end" projection for CTDT? Can it reach $1 in your opinion?
Sure...we can all be patient in our anticipation of approximately 50-100% SP gain on Monday!
Hope so. Pretty optimistic at this point.
I think .30's are in fact realistic if official (non-blog) company updates are finally released. The company is unquestionably legit and is still evolving with some leverage given their product(s) and lack of debt. The long quiet period, although unpalatable, makes sense in retrospect given the necessary company reorganization and ongoing wooing of capital investment. Also, no real urgency with regards to SP since most of the shares (largely belonging to company officers/directors and CTDT itself) are restricted until June.
Q,
You've been moderating this board for a while. Were you always this optimistic? Did you ever question whether they were for real at some point? TIA.
Many of us here have maxed out our positions by now. SP movement will ultimately depend upon the "new investors" response to promised company PR's. For the moment, these new investors see a 2 cent stock with no revenue and very limited communication via a questionable blog. I hope and expect this will change soon.
Interesting note. Management has asked LT to refrain from Blogging pending some near term corporate announcement. Meaningful PR as early as Monday, they hope.
My understanding is that management and certain "investment groups" are meeting today. A decision about PRs is to be determined as well. According to LT, things are moving albeit not fast enough.
As always, I appreciate your perspective. Thanks.
I think you're right. With a float of only 20 million, little share price change, and much larger volume than most of the past 6 months, it would make sense. Not sure what it means other than for an increasing interest in CTDT.
Not the right time to bail IMO. Picked up a few myself.
LT expects to deliver a PR by the end of next week FWIW. He makes a convincing argument to stay optimistic.
Appreciate your input. I do agree that if the company can truly manufacture diamonds with good margins as advertised, it should go places. I expect some type of PR by the end of the month which will hopefully be telling. Again, down side seems pretty limited at this point.
Not really tanking IMO. Just jumping around the spread on light volume. It's easy to get frustrated by the lack of info or guidance from the company to be sure. What keeps me interested is the lack of concerted share dumping or dilution. Company officers are not selling shares. In the mean time, the company continues to file quarterly reports which would be pointless unless (again IMO) something is in the works. Will wait it out given relatively limited down side risk.
I don't agree with you but that was funny!
Excellent, thoughtful post. Thanks.
You touch upon some appealing aspects of this virtually invisible company; quiet (apparent) progress, no debt, and a tight float. If even half of what LT discusses in the blog materializes, the SP should respond dramatically.
Still not sure what to think about the blog but I remain optimistic about the company. Link to the blog: http://stratagemm.blogspot.ca/. You can also navigate to it via the website, bottom right corner.
Careful Arvitar. Your focus on this $676.00 gross profits puts you at risk to answer for increased gross profits at an order of magnitude of 30-50x for Q4. I expect it will be even more fun to discuss Q1 come may.
I disagree. Improved margins with significantly increased sales is a positive development in virtually all instances; even more so in the context of a start-up company.
FWIW - Spoke to LT who remains upbeat and expects PR type communication from the company this month. He will update the blog near term. Describes numerous developments regarding longitudinal financing, product development, and transition from development/R&D to production/Manufacturing.
Interesting note, the company website contact telephone # (702-382-3385) is different from before and now connects with the company HQ in Las Vegas, not LT. Actually spoke with Al Snaper on one occasion who confirmed the diamond manufacturing process and LT's role as a "business side" consultant. He offered really no other information but was friendly and polite.
All things said, I remain positive, at least for the time being. Seems to be significant potential here with limited downside risk given the currently sub-penny SP.
Perfect analogy!
An interesting thought not discussed much to this point is that the recent PR from 1/22/13 promised "projections" for 2013 and 2014. I assume this means guidance, a first for MJNA. IMO, this could only mean good news for the company. Probably VERY good news. Clearly, a company like MJNA would not initiate a guidance policy if the outlook was bleak. I think we are in for a nice little ride here.
Nothing definite but I think that LT had raised expectations for "new product" news and a company PR prior to the Tuscon gem conference this weekend. Although informative, a blog entry is not an adequate substitute for most. I still feel there is real activity in this company although CTDT-released information so far has been less than dazzling. I wouldn't get too concerned about today's price action given that only around $5000 changed hands. That's the thing about 1-2 cent stocks with low floats. They can bounce around quite a bit, in both directions.
Pretty positive blog entry with probable near term news. Increased trading activity of late also. Should see upwards SP movement before long.
Although there are plenty of concerns with CTDT, I would not write this off yet. CTDT does not fit the typical penny stock scam profile IMO. The float is relatively tight and there has not been significant dilution or heavy selling of late. The company directors also appear in no rush to unload which is reassuring to a point. Info has been limited but we have not been deluged by meaningless PR fluff. I see no way in which either management or this LT guy has benefited from recent SP movement. There are clear differences between CTDT and the recent APS picks which are based overseas, heavily promoted, and with huge floats.
Realistically, I look at this as a lottery ticket with a possibility of a reasonable return in the near term. The company may not be viable long term but I do expect some good news shortly. In any event, we should know something by early February, one way or another. This would not be a good time to bail IMO.
Bradlee
I tend to agree with you. It's a hard company and stock to figure out, to say the least. There are certainly times when it seems like the amateur hour at CTDT. Can't help but feel they're onto something significant however. Relatively small float with many of the shares tied into company officers and family. Serves nobody well to maintain the SP status quo given the circumstances. They will move to correct this, IMO. I expect good news although the time frame is debatable.
FWIW- The Tabco number is actually 401-722-8888 and does identify itself as "Tabco Products." I wouldn't give up on CTDT quite yet.
I don’t generally post on boards but I have followed this one for over a year now. I am amazed by the response to the recent PR both in terms of trading as well as posts. Certainly, portions of the PR were unpalatable at first glance. The PR itself was quite “disclaimer” biased, no question. Why would JBII release this, for what purpose?
To me, it’s not so puzzling. I feel JBII is “leveling the playing field” by redefining the company and its outlook, both near term and long term. Recurring innuendo and pointblank accusations abound with regards to “insider Info” in this company. We have seen this in posts with some regularity. I look at the recent PR as our new “ground zero” of sorts. JB has outlined future prospects while warning of risks. This should appease the SEC which I believe was the intent. Now we are all at the same page though many of us continue to read things quite differently.
FWIW, this does not seem perplexing to me. I feel JBII is very ready to move forward with significant, near term news. There are way too many irons in the fire to include permits, fuel sales, recycling facility partnerships, and JVs, any of which will move the SP significantly, without question. Realistically most, if not all, of the potentially damaging events and news have played out such as with the CFO resignation and late 10K filing. The SP can only go up from here; it’s a virtual certainty. The company is growing by leaps and bounds. I was troubled by the late 10K filing, but the filing itself and its extraordinary content reassured me considerably. Do not underestimate the importance of both this filing and the recent PR. These are legitimate signs from the company that we are ready to move positively. I was also surprised how little attention was given to the “Insider” stock purchases in January. These low volume purchases are indeed miniscule given respective overall share holdings. So why did JB, JW, and RB buy? I saw this as a genuine, SEC compatible signal from the company that we have turned the corner. I see no other rationale.
The company has taken huge strides which cannot and should not be measured by revenue growth at this point. This should be obvious to anyone interested enough to look. Revenue is coming. I’m certain of it. This is not a typical “penny scam” in any shape or form. I know such scams up close and personal. I was a SLJB share holder. JBII has come way too far along and involves far too many parties to not have an excellent chance for success. There is a good reason for the AGM moving to the summer and it’s not simply because Easter fell this weekend. My view is that JB feels there will have been significant developments in place by summer which will distinguish this start-up company and justify an immense celebration.
Peace