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Why is CTHRQ down ९९.९१%?
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CTHRQ:OTCMKTS
Charles & Colvard Ltd
US$ ०.००
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-९९.९१%(-०.००११) 1D
अक्टोबर १५, १६:००:०० GMT-४ · USD
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Profile
Charles & Colvard, Ltd., is a publicly traded American company that distributes and manufactures jewelry, founded in 1995 by Charles Eric Hunter under the name C3 Inc., and then run by his brother Jeff Hunter until 2000. The company changed its name to Charles & Colvard in 1999. The company employs 63 people full-time, and generated $32.4 million in revenue during the year ending June 30, 2019, up from $27.91 million in the previous year.
Charles & Covard was the first company to produce and sell synthetic moissanite, under U.S. patent US5723391 A, first filed by C3 Inc., North Carolina. Their gemstones are made from silicon carbide crystals, supplied under an exclusive agreement from Cree Inc. since 2014.
In June 2019 the company netted $10 million from a secondary public offering.
In March 2020, the company was notified that they were at risk of being delisted on NASDAQ, as their share price had been consistently below $1.
Don O'Connell was announced CEO in May 2020, taking over after Suzanne T. Miglucci's resignation. The announcement came days after reporting their quarterly earnings, which included a $5.3 million writeoff. Wikipedia
About Charles & Colvard Ltd
CEODon O'Connell
Employees२४
Founded१९९५
HeadquartersMorrisville, नर्थ क्यारोलाइना, संयुक्त राज्य अमेरिका
Sector-
Websitecharlesandcolvard.com