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chemist72

04/28/15 12:53 PM

#30736 RE: wymont #30735

Don't think anyone except Snaper really knows.

Its certainly not commercially viable. My personal belief on the tech is that it does work - sometimes. But it is not reproducible nor technically viable on a commercial scale. It was a wonderful science project for Snaper in his sunset years.

All is just my own humble opinion.

pacrat

04/29/15 12:00 AM

#30737 RE: wymont #30735

The Magnatec process clearly works. It's the company that does not. Look at the new management team and their credentials. These people know nothing about diamond manufacturing and IMO have their own agenda. Chas Radovich has no business directing a public company with his past history. Cobalis is only the tip of the iceberg. Without LT, CTDT can't function or file despite absent developments and revenue. Aside from an anticipated transient SP spike, I see nothing really positive on the horizon. FWIW, the company does not even own the Magnatecs. They were leasing them until the funding ran out.