LT answered, and he was fairly direct like I asked him to be.
I think he answered to the best of his ability.
Let me know what you think !!
1) There are now a total of 3 Magnatek machines, correct ?
YES
2) How were the 2 new Magnatek machines paid for ?
I DO NOT KNOW, THEY HAVE EXISTED BEFORE MY ARRIVAL AT CTDT. WE HAVE USED ONE PRIMARILY. ALL THREE HAVE BEEN TESTED AND USED, BUT THE LARGER WAS THE MAIN ONE DURING R&D AND PRE-PRODUCTION.
3) When can we expect the machines to be transported to Las Vegas ?
I DO NOT KNOW. THIS INFORMATION HAS NEVER BEEN STATED TO ME OR BEEN MADE KNOWN PUBLICLY. MR. PRENTICE SAYS THEY WILL MOVE - AS YOU KNOW. AND MR. SNAPER IS IN AGREEMENT.
4) The GIA report from 2006 was great to finally see but, have there been any more recent reports ? If yes, can we (shareholders) see them ?
I WILL ASK. MR. PRENTICE HAS ALWAYS SUBMITTED OUR PRODUCT, EVEN FROM THE VERY FIRST. MY SENSE IS THAT THERE COULD HAVE BEEN TWO AT THE VERY BEGINNING, THE ONE YOU SAW AND A POSSIBLE TWO-CAAT SUBMISSION. THEN A LOT OF EXPERIMENTATION WHICH BOUGHT US UP TO TODAY. THE REPORTS ARE NOT CHEAP AND DURING AN EXPERIMENTAL PHASE - THEY CAN WRECK A BUDGET...HUMMM...I WILL CHECK THOUGH.
5) Can & will the company provide updated share structure figures to OTCmarkets.com on a regular basis ?
SHARE STRUCTURE - SEEMS THAT SOME KIND OF REPORTING WOULD KEEP ALL INFORMED ON WHAT WAS OUT THERE FOR THE INQUIRING MIND. AND CERTAINLY AFTER PRODUCTION STARTS, THAT WOULD BE A GEAT PRACTICE. I WILL CHECK TO SEE WHAT THE PLAN IS. JUST WAITING TO HEAR FROM MR. PRENTICE AND I WILL ASK HOW THIS WOULD WORK FOR US.
6) On the blog you state that the company MIGHT sell shares in the future. As I read SEC rules, it states that up to 1% of the Outstanding Shares (O/S) may be sold during a 3 month period for companies operating on Pink Sheets or OTC bulletin boards.
Current O/S is reported as 73 mil shares. At 1%, that's puts the total shares allowed to be sold at 730,000 correct ? I would think that the company would prefer to get a much higher PPS for these shares, if the sale is intended for financing growth of the company. Have any of the recently unrestricted shares been sold and does the company plan on selling the 730k available to sell this quarter ?
I HAVE BEEN QUITE OPEN ABOUT THIS. I INVESTIGATED THE TRUE 'OWNERSHIP' OF THE SHARES BY INNOVATIVE/MR. SNAPER. I WAS NOT AROUND WHEN THE INITIAL OFFERING AND PLACEMENT WAS MADE. CONSIDERING, I DID, WHAT A MESS THE BOOKS WERE IN WHEN I CAME ON BOARD AND SEEING THE RESTRICTION DEADLINE LOOMING, I WANTED TO BE SURE HE SHARES WERE NOT IN BOLIVIA SOMEWHERE FINANCING BANANAS OR SOMETHING. RAN A SMALL 'TEST' BUT SOLD NO SHARES NEITHER BOUGHT ANY. THE RESTRICTED SHARES ARE ALL STILL SITTING THERE. NOT ONE SAHRE HAS BEEN BOUGHT OR SOLD. BUT, I NOW KNOW THEY ARE EXACTLY AS THEY SHOULD BE.NO SALES.
7) The blog has confused me as to your status with Centaurus Diamond Technologies, Inc. Are you an affiliate ? An employee ?
I AM CONTRACT LABOR SIR. SPECIAL ASSISTANT TO CHAIRMAN AND OFFICE MANAGER. CONTRACT LABOR. NOW, I AM LABORING TO SHOW MY WORTH AND GET A PERMANENT POST IN THE FIRM. RIGHT NOW I DO THE GRUNT WORK THE BOARD JUST HAS NO TIME TO DO AND AUGMENT THEIR EFFORTS WITH MY MODEST SKILL SET.
