Hey guys - in light of Naval's post I have put together a short list of questions to ask. I am listing them here and would like anyone to add to the list if they have other items they have questions about. The questions I have listed go the heart of where the company is in their timeline. It is certainly not exhaustive and they may not answer them all but all of the questions are relevant and I believe as shareholders we deserve the answers. Especially given the history. I also do not believe that any of the information/answers should lead to any kind of pump and dump scenario. So here is my list: Add what you like and I will put them all together and forward in an e-mail to Naval. Naval thanks for any help and answers you can get.
Do they need funding before they go into production?
Do they have a funding source currently they are working with or do they need to find a funding source?
What kind of funding are they looking for? Equity?
We were told they had a distributor agreement in place for diamonds – Is that accurate?
If they have and/or are entering into distribution agreements does that mean they plan to do full scale production themselves?
In your e-mail you listed funding and distribution but not production. If they distribute they will need to produce.
Are they ready to go into production if they have the funding needed to build out the facilities and equipment?
Do they plan to have one line of products or multiple lines? Do they plan to have multiple products within a line?
Will the licensing agreements they are working on consists of production that is the same as CTDT production or for different applications? Can you share what some of those applications might be?
Do they have a proposed organizational chart and are they prepared to hire the necessary people to properly fill out that chart. ie – onsite management, sales team, packaging and shipping, etc.
Do they have an initial estimate of production quantities? Are they starting with limited production with a plan to scale up?
Will the initial focus be on industrial diamonds, jewelry grade diamonds, a combination or something else?
What is their plan to ensure all financials and other reporting requirements are met within required deadlines?
