Centaurus Diamond Tech. Inc. (fka CTDT)

[bizops12]

That is the most frustrating thing to me Pony - They should be able to get money. I had investors several years ago but they had already contacted Delisle so they went that direction. Never contacted me again to see if those investors were still interested. At this point they won't touch this with a 10 foot pole. I have people interested in some of Snapers other patents and they could finance CTDT as part of a license agreement. I got told they MAY need bridge funding when they go into production. I had to cancel my trip out there but no follow-up on their part. We discussed funding from some of the investors. No follow-up. No sense of urgency where money and financing may be available. Meanwhile to use VC's words they act like this is a hobby (in terms of the time put in to make it a viable business). It should not and does not need to take this long unless the time commitment (or money) is just not there. It is like they don't want any help and are OK if it takes years. But that is a complete disservice to the shareholders. Every day they slow walk this is another day technology catches up and another day every investor here is losing opportunity. Your money invested in other things five years ago could be quite a large sum. If you had invested that in crypto or marijuana stocks or select other stocks you would be a billionaire today(really). I found the comment from billiam really disturbing. Chas has to go to Vegas today to get the last few items together for the financials - REALLY. Someone should be working on this all day long until it gets done. If you need to be in Los Angeles then make sure you have everything you need to get the job done. There is zero sense of urgency on their part. Snaper is not getting any younger. His hearing is shot and his mobility is failing. I am confident they will finally get this thing rolling but they cannot continue to operate the way they are or they will fail. They need a full-time on-site CEO driving this thing with no excuses allowed. And yes they could find the money for that person if they made it a priority. Sorry for the rant but you asked the question and I am just being honest. I believe in this technology and I have endured the poor management because they are making progress. But the rate of progress is really un-excusable. I believe I am really stating what most here feel. I am a professional business consultant and I have decades of experience managing. Trust me the problem is not the financials. The problem is the fact that they do not run this like a full-time business and that starts with the fundraising (or lack thereof) and carries over into everything they are doing. Bad management or a lack of a plan or execution of said plan leads to problems like financials. I have quit calling Chas because all he does is talk about all the great plans they have and how things are almost done. Not that I don't believe what he is saying is true. His track record says that eventually it will all happen. But I really don't care what they are planning to do at this point. I care about how they plan to manage it. How any hours of management time are we getting a week on CTDT? Once financials are caught up how many hours of management will we get? What does that management look like. What is the plan and who is executing it? How much money do they need? How do they plan to raise it? Even if they have a plan is it still going to take forever to get things done if they do not address staffing issues. I realize that Chas is funding things, working on other things and taking care of an elderly mother. But the answer is to hire competent help to get the job done. Not work on it as you can. We have been told everything works now. If that is true then money is not an issue. And if they needed the financials to close a funding deal then I say it again - they should have had somebody sitting in the office everyday, all day long, working to make sure they were done timely. This company spends less than 1 million a year and probably less than 100 financial transactions within the year. I am sorry but there is no way it takes an accounting office this long unless they are not getting the information they need or they are not getting payment. END OF RANT - but I am sure I speak for all the shareholders here. I am amazed that so many have been as patient as they have. You guys know that I am 100% behind this technology and behind Chas and Snaper, but I will not hesitate to be bluntly honest. If he needs help he needs to make that a priority and figure out a way to make it happen.