Refresher for new people on some of the patents potential:
Diamond jewelry sales exceed 72 billion annually.
Industrial diamond market is approx. 25 billion annually.
Over 80% of industrial diamonds are synthetic.
Magnatec's process cuts costs of production by at least 80%.
Reducing production cost will make it possible to use diamond as a raw product in manufacturing.
Currently the largest potential use is in computer chip manufacturing - Silicon chips maxed out their potential years ago due to its inability to handle heat. In short Silicon melts. This is why you have computers with multiple chips now instead of faster chips. Diamond does not have this problem. It moves information faster and does heat up. Computers, cell phones, transportation, medical and electronics all use computer chips. The semi-conductor industry does approx 500 billion in annual sales.
Side note: Mr Snaper and CTDT hold the patent for doping chips with diamond.
In addition to current technological uses it is likely that new industries will be spawned from this technology. This is a natural progression that always happens.
The Magnatec process produces graphene and other allotropes naturally. Each of these bi-products could potentially result in additional revenue streams, markets and technological advances.
The process itself of collapsing a magnetic field could be used in new applications. While collapsing a magnetic field has been done for a long time nobody has ever been able to control the process by adjusting force and heat and measuring accordingly.
The significance of this process cannot be overstated. It is a revolutionary technology. What they do with it, how they do it and how long some of these processes and uses take are still a question for us as shareholders. But there is no doubt the value and potential is enormous.
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