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Valid points, Jay. I still think we'll be OK. Real Magnateks, patents, and a respected CEO. Not your typical "stinky pinky". The company just needs to finally execute.
LT's blog got us to 13 cents. The float is tight enough, IMO.
Big,
I hear what you're saying but think Q is right. We previously hit 13 cents without meaningful filings or PR's. The only info to speak of was from the Blog. Given the extremely tight float, any verifiable news of financing, partnerships, and/or actual production could move the SP well beyond 50 cents. We have a better shot of this than many here appreciate, IMO.
The SP will not go down significantly from here, at least not near term. We've reached the "fork in the road" point and should expect an announcement this week. I would be surprised otherwise. I'm not sure how good the news will be but I sense that company communication (if nothing else) will improve dramatically. I'm hoping that WP is soon history. From there we move forward, hopefully.
Tough staying positive at these times but I agree that all is not lost. If the company disassociates itself from WP as it should have long ago, I think we'll move forward with a corresponding postitive share price response. Remember, the company still has Magnateks, AS, and patents. That's fact, not rumor. It's not time to bail, at least not yet.
Bradlee,
Have you been able to reconnect with Prentice since your earlier conversation? To date, I have not had the "priviledge" despite numerous phone messages.
As always, I very much appreciate your updates.
Pretty sure LT will keep us informed going forward. It's how he operates (to a fault). I think he also has Mr. Snaper's ear more than ever which to me is a good thing. Here's to Monday.
Go CTDT!
This was an easy one, big guy. It's right from the recent PR.
FWIW, Prentice has apparently surfaced and reported to Mr. Snaper that he has funding nearly in place. Snaper then told LT who can not yet verify any of this. Interesting happenings for sure. We hopefully will have real info next week....from the "meeting"... but we've been there before!
I'm not so sure I would bail at 11 cents at this point. I figure that any news sufficient to take the CTDT SP to 11 cents these days is likely to keep moving it further. Given CTDT's bizarre history, investors/traders will scrutinize things more closely before committing. One thing is for sure. It will take more than the LT Blog to excite the masses.
Spot on and well said.
Sounds reasonable to me. OK LT.....ball's now in your court! LOL
We've both agreed on Prentice for some time now. LT has been different. I, for one, would welcome his return. We were sub penny before the dreaded blog's advent but we must still call a spade a spade. SP rose more than ten fold based upon LT's optimism and approachability. He is also, without question, the only reason that CTDT has been able to SEC file. He brings something to the table which can only help. Remember, company success is good but positive SP movement is more important to most of us. LT has generated significant interest before and I'm glad he's back.
In there lies my post's unfortunate qualifiers. I don't believe that Prentice wishes to take CTDT forward and that's why he must be removed. The company to include Mr. Snaper must also begin to execute. It was well put by a previous poster that Snaper must emerge from the lab and begin behaving like a CEO. There's no guarantee that either Prentice's dismissal or Snaper's emergence will occur. I would guarantee with conviction however, a positive SP response and outlook should this transition become realized.
I disagree with you Q. CTDT will still possess valuable intellectual property, patents, and Snaper's reputation well beyond 2 weeks. Moving the SP would require very little provided Centaurus begins to behave like a functional entity. The real impediment (IMO) is Prentice, without question. Remove him then sell just one manufactured diamond and it's a whole new ball game. Hell...plug in the Magnateks in Rhode Island for now to just get the ball rolling. It would take very little production to change perception and move CTDT's share price if they would ever begin to execute. After all...they really can make diamonds which is the bottom line and the reason I'm still here. We're not near "game over".
Good points.
That's true. I don't believe that the company as it stands now (broke and dormant) is Al Snaper's vision going forward. The current silence and inactivity serves no one well (subversive COO's excluded). The intellectual property alone is both desirable and valuable. There's never been dilution or insider selling. I speculate and hope the company will now move forward without Prentice.
My 2 cents worth. LT has been asked back by Mr. Snaper. This new involvement suggests Snaper's level of frustration with Prentice's productivity or lack thereof. We know that cash has run out by the filings. I expect LT to play a greater role going forward. He's a bright guy and has an aggressive/ambitious outlook and approach. I've spoken to him countless times and he's clued in to both CTDT's potential and the reality. He is also shareholder friendly, a nice change from WP. He knows CTDT may not develop independently as a business but a strategic merger or buyout (given the intellectual property) will serve shareholders extremely well. There is a lot of interest commercially in what CTDT can provide. In contrast to our COO, LT would not ignore the numerous contacts which had previously been directed towards Prentice. IMO, of course.
LT was asked back by Mr. Snaper, apparently. I view this as positive and hope for some news soon. Still holding 600,000 lottery tickets patiently.
I read that differently. My sense is that no one feels particularly threatened by KIOR's existence.
I've never questioned LT's resolve to engage and inform the shareholders which was certainly appreciated. Unfortunately he became caught up in "potential" with a dose of hyperbole, distorting the CTDT reality and confusing us all. He would need to approach things quite differently should he resurface with CTDT down the line.
Purely speculating but I think LT expects back in once the funding is finalized. Not sure in what capacity. He's a bit of a "loose canon", you know!
Spoke with LT today. Apparently, he was approached by CTDT to assist with the 10Q which is not surprising to me. LT subsequently posted on the blog as a courtesy to those who continue to call with questions regarding the filing timetable. FWIW, he was unable to discuss potential financing/funding arrangements. Not sure if he would be privy to this anyway.
Appreciate your interpretation and explanation of the charts. As good as it gets! Thanks.
Thanks for touching base. Can't imagine it won't run given the news and SP.
This sounds good, hotrod! Keep us posted.
At this point, I'll take any PR and even LT blog static!
Open letter season like I've never seen before. What fun!
I never presented Heddle as an altruist and you shouldn't expect that. But even you must agree that our new CEO stands to benefit much more by JBII's success than by favorable finance and securities posturing should JBII fail.
A little bit thin on the co-signers wouldn't you say. Very creative however. Go JBII.
Thanks Snow. I see that now.
Please add me as well.
Pretty raw potential, if that. Grey market company with no financials and minimal interest. Stark contrast to JBII IMO.
Probably not. If it gets even close, I'll be aggressively buying shares as would many others from this MB.
It may be semantics but I prefer to distinguish between poor execution and outright scamming which would imply purposeful misrepresentation for personal profit. Again, who (within the company) is benefitting from the SP at this level?
I spoke with Mr. Snaper by phone today per his invitation. He had asked that we speak directly after receiving my letter of concern. I was encouraged by our discussion as he confirmed the prospects of negotiated extrinsic funding which had been discussed by Prentice with several posters. IMO, something is brewing for certain. Mr. Snaper also made clear that funding was imperative in order to move Magnetek machines and initiate production of industrial diamonds.
Sorry Q. This is no scam. There's no dilution nor pumping. You yourself, have pointed that out on numerous occasions.
Don't be too effluent in your praise for Prentice, Chemist. Most of the 10K was organized by LT with a generous component of "cut and paste" from previous filings. Boiler plate disclaimers abound elsewhere in the text. I'm not entirely convinced that Prentice even read the whole thing. That's obviously my opinion.
I received a prompt, positive response from Mr. Snaper after he received my letter that I shared with the board earlier. He stated that he appreciated my concerns and was willing to discuss them directly with me. He also stated that "we both have the same interests at heart for Centaurus."
He is surprisingly approachable and sounds sincere to me, FWIW. Although things are not as I had hoped by now, I see no scam here and remain optimistic.