InvestorsHub Logo
Followers 18
Posts 2261
Boards Moderated 0
Alias Born 08/16/2012

Re: None

Wednesday, 11/20/2013 1:39:54 PM

Wednesday, November 20, 2013 1:39:54 PM

Post# of 37220
Hey guys - I just got in from an all night flight from Las Vegas so I will share a little information now but much more later.

First - The most important thing I can share with you is that Magnatek process is real and if they had a machine they could produce industrial grade diamonds right now. There is much room for improvement in the process however. Right now they only know that each interation of the process will produce industrial grade diamond but it is lot like mining. They don't know what they will get until they open the containers. This is not a problem with industrial grade diamonds but does limit what they can do. With 1 or more machines they could begin producing revenue and doing research simultaneously.

Second - If they were producing the industrial grade diamonds they already have someone who will purchase what they produce.

Third - Very important - What LT has been sharing on the blog is not fiction. The industrial grade diamonds are the easiest and least expensive to set up and start producing. That is why they will focus their efforts there first. Given the proper resources (money) and a little time and Mr. Snaper should be able to produce other products with the magnatek process.

Fourth - As everyone has seen they are extremely cautious about putting out forward looking statements. Mr. Snaper does not really care about the business much at all. He is all about the science. They recognize that with funding they will also need someone to mind the store from a business standpoint.

Spent 4 hours with Mr. Snaper and David Anthony. Learned a lot and can share much more later. I can tell you that there is know way I would consider selling my shares after the meeting. The potential really is there to do what everyone has speculated about for the last 18 months. Funding is the big hurdle but I believe that will get done. GLTA

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.