Centaurus Diamond Tech. Inc. (fka CTDT)

[bizops12]

In terms of process and what needs to happen going forward it is really pretty straight forward. They need funding. They also need a "next stage" business plan. They understand what needs to happen but don't have it on paper.

As a fairly big surprise to me they are not really concerned about control. There is room with them to fund next stage operations without diluting or taking on debt because of this. In other words 50% is not a magic percentage for Mr. Snaper. He wants to move this forward and will work with investors. Good news.

I will be reaching out to contacts I know who might be potential partners. They could move forward fairly effectively on about 1.5 million. 3 million would obviously allow them to do more but not a show stopper if they can't get the full amount. If anyone else here might know some potential players I have "permission" from Mr. Snaper and David Anthony to help facilitate the process. I want to see this move forward and will work with them as I can to get it done. This truly is a game changing technology.

Also just so people are aware the margins on this process will allow the company to market at a steep discount to natural diamonds and still produce a very handsome profit margin. If you look at other synthetic diamond manufacturers you will see they struggle because they have to charge close to natural diamond prices to turn a reasonable profit. That is why some have failed and others are in the red. The magnatek process fixes that.