Centaurus Diamond Tech. Inc. (fka CTDT)

[chemist72]

Scio Diamond Technology, a competitor for CTDT?

Interesting history lesson here. This company bought out Apollo Diamond Gemstone in 2012 and is now producing and selling synthetic diamonds. They had slightly over $500,000 in revs for the 3 months ending Dec. 2012 (their first significant revenue producing quarter).

Their stock price was as high as about $3/sh thru mid-Sept. 2012. Therefore, their market value was about $90 M then even without any revenues. Their stock price and market capitalization has dropped precipitously ever since that time. Current stock price is about $.40 and market capitalization is about $17 M.

If you want to read a little more about this company, a link to their most recent 10-Q follows:

http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=9091319

So why do I bring up this story? Just one example in the synthetic diamond industry that points out how difficult it can be to get a real company going in this sector.

Of course we all know that CTDT will not have any of these problems or difficulties!

$CTDT