Replies to post #10473 on Centaurus Diamond Tech. Inc. (fka CTDT)

[QServus]

I also will feel better knowing that venture capital firms are ponying up money and will be watching over things somewhat.

Gotta keep in mind that up to this point, company had been financed with non-dilutive private placements. There are 1.2 Million warrants @ $0.75 expiring June 5th, 2014. I figure in order for them to make money on that deal strike should be above $0.75. If shares are multi dollar range, that's heck of deal. These warrants, if exercised however, will be dilutive. I don't mind, we need to increase the O/S. 73M seems rather low. :-)

On June 5, 2012 the Company issued (i) 1,200,000 shares of its common stock and (ii) warrants to purchase 1,200,000 shares of common stock with an exercise price of $0.75 per share expiring two (2) years from the date of issuance. The units were sold at $0.50 per unit consisting one common share and the warrant to purchase one common share for an aggregate of $600,000, $475,200 and $124,800 of which were allocated as the relative fair value of the common stock and warrants, respectively.

Mr Snaper alone has 43.85M shares out of the 73M out there.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8673642
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9105311

That's about 60% of all the shares out there in the O/S

There are 377 Million shares left in the A/S reserve. They could do 6:1 Forward split and we would still be good to go.

Or do 3:1 and we 3x the shares :-)

Imagine that... Everyone would get 6x more shares. :-D