Centaurus Diamond Tech. Inc. (fka CTDT)

[bizops12]

I may be incorrect but I believe a lot of people have a picture of this company that is just not correct. This is a VERY loose start-up structure. Mr. Snaper is an elderly gentleman who probably spends his time doing research, teaching and enjoying his elder years. He is not going into a CTDT office and working. Mr. Prentice runs his own company. Again he is not going into a CTDT office to work. LT is a student at MIT. The filings and accounting work is outsourced. They don't have a marketing department. The technology testing is outsourced. This is not a bad thing, it is a good thing but it means very limited amount of publicity and information because they don't have an "active" office environment and staff. The burn rate on their capital is significantly reduced by operating this way. That is smart business. Test the viability first before you spend a lot of money on infrastructure. The good news is they seem to be close to the point that full fledged manufacturing can start. They will need to do another round of funding of some sort (they actually mentioned that recently on the blog)and then I would expect they would begin to establish a more formal company structure. At that point this stock should take off. If this technology really does what they purport it will do then everyone who owns shares now should make a lot of money. I am holding this stock for the long term.