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bizops12

12/02/15 11:37 AM

#30923 RE: odoylemark #30921

In case you may not be aware - Graphene is created during the Magnatek process as a bi-product of producing diamonds.

There are several reasons this company has been slow in development. The two biggest reasons have been no viable management team and lack of funding. The expectation is the new management team will be able to get the funding.

Lastly - all the other diamond manufacturers are utilizing the two current methods for creating/growing diamonds. While this method is successful the cost to manufacture the product is very high and so they are not particularly competitive.

CTDT is developing a new technology to create diamonds. It will make the other methods obsolete. It is much easier to start a diamond manufacturing company while using existing technology. Creating a new technology is another animal all together.