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'''Charles & Colvard, Ltd.''', is a publicly traded company (NASDAQ: CTHR) that distributes and manufactures jewelry. It was founded in 1995 by Charles Eric Hunter under the name C3 Inc.,<ref>{{cite web|title=Tenth Amendment to Agreement|url=http://www.sec.gov/Archives/edgar/data/1015155/000119312508080858/dex10113.htm|website=SEC.gov|publisher=Securities & Exchange Commission|accessdate=9 January 2016}}</ref> and then run by his brother Jeff Hunter until 2000,<ref>{{cite web|title=Teachers' Retirement System v. Hunter|url=http://securities.stanford.edu/filings-documents/1028/CREE03-01/2007220_o01x_051988.pdf|website=Standford University (Securities)|publisher=Stanford|accessdate=9 January 2016}}</ref><ref name="JCK">{{cite web|title=Charles & Colvard confronts Morion|url=http://www.jckonline.com/2015/10/21/charles-colvard-confronts-morion*|website=JCKonline|publisher=JCK|accessdate=9 January 2016}}</ref> the company changed its name to Charles & Colvard in 1999.<ref>{{cite web|title=A Special Thanks (Company History)|url=http://www.greatercharlottebiz.com/article.asp?id=155&print=1|website=Greater Charlotte Biz|publisher=Greater Charlotte Biz|accessdate=9 January 2016}}</ref> The company is based in the area of [[Research Triangle Park]] in [[North Carolina]]. Charles & Colvard employs 70 people full-time, generating revenue that totals $27.59 million during the year ending June 30, 2015. It was the first company to produce and sell synthetic [[moissanite]],<ref>{{cite book |title=Gems: Their Sources, Descriptions and Identification |last=O'Donoghue |first=Michael |year=2006 |publisher=[[Butterworth-Heinemann]] |isbn=978-0-7506-5856-0 |page=90 }}</ref> under U.S. patent US5723391 A, first filed by C3 Inc., North Carolina.<ref>{{cite web|title=Silicon Carbide Gemstones|url=http://www.google.com/patents/US5723391|website=Google|}}</ref>
'''Charles & Colvard, Ltd.''', is a publicly traded company (NASDAQ: CTHR) that distributes and manufactures jewelry. It was founded in 1995 by Charles Eric Hunter under the name C3 Inc.,<ref>{{cite web|title=Tenth Amendment to Agreement|url=http://www.sec.gov/Archives/edgar/data/1015155/000119312508080858/dex10113.htm|website=SEC.gov|publisher=Securities & Exchange Commission|accessdate=9 January 2016}}</ref> and then run by his brother Jeff Hunter until 2000,<ref>{{cite web|title=Teachers' Retirement System v. Hunter|url=http://securities.stanford.edu/filings-documents/1028/CREE03-01/2007220_o01x_051988.pdf|website=Standford University (Securities)|publisher=Stanford|accessdate=9 January 2016}}</ref><ref name="JCK">{{cite web|title=Charles & Colvard confronts Morion|url=http://www.jckonline.com/2015/10/21/charles-colvard-confronts-morion*|website=JCKonline|publisher=JCK|accessdate=9 January 2016}}</ref> the company changed its name to Charles & Colvard in 1999.<ref>{{cite web|title=A Special Thanks (Company History)|url=http://www.greatercharlottebiz.com/article.asp?id=155&print=1|website=Greater Charlotte Biz|publisher=Greater Charlotte Biz|accessdate=9 January 2016|deadurl=yes|archiveurl=https://web.archive.org/web/20160126113233/http://www.greatercharlottebiz.com/article.asp?id=155&print=1|archivedate=26 January 2016|df=}}</ref> The company is based in the area of [[Research Triangle Park]] in [[North Carolina]]. Charles & Colvard employs 70 people full-time, generating revenue that totals $27.59 million during the year ending June 30, 2015. It was the first company to produce and sell synthetic [[moissanite]],<ref>{{cite book |title=Gems: Their Sources, Descriptions and Identification |last=O'Donoghue |first=Michael |year=2006 |publisher=[[Butterworth-Heinemann]] |isbn=978-0-7506-5856-0 |page=90 }}</ref> under U.S. patent US5723391 A, first filed by C3 Inc., North Carolina.<ref>{{cite web|title=Silicon Carbide Gemstones|url=http://www.google.com/patents/US5723391|website=Google|}}</ref>


Subsidiary companies and brands include 'Classic Moissanite', 'Forever Brilliant', 'Survivor Collection', 'Hearts & Arrows', 'Moissanite.com' and 'Lulu Avenue'.<ref>{{cite news|url=http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9NTgwMTYxfENoaWxkSUQ9Mjg1Mzg0fFR5cGU9MQ==&t=1|title=FORM 10-K For the Fiscal Year Ended December 31, 2014|date=2014-12-31|publisher=Charles & Colvard Ltd.|accessdate=9 January 2016}}</ref>
Subsidiary companies and brands include 'Classic Moissanite', 'Forever Brilliant', 'Survivor Collection', 'Hearts & Arrows', 'Moissanite.com' and 'Lulu Avenue'.<ref>{{cite news|url=http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9NTgwMTYxfENoaWxkSUQ9Mjg1Mzg0fFR5cGU9MQ==&t=1|title=FORM 10-K For the Fiscal Year Ended December 31, 2014|date=2014-12-31|publisher=Charles & Colvard Ltd.|accessdate=9 January 2016}}</ref>

Revision as of 01:51, 3 August 2017

Charles & Colvard, Ltd.
Company typePublic
NasdaqCTHR
IndustryGemstone Manufacturer/Jewelry
Founded1995
FounderCharles Eric Hunter
Headquarters,
United States
Key people
  • Suzanne T. Miglucci (CEO)[1]
  • Neal Ira Goldman (Chairman)[1]
  • Kyle S. Macemore (CFO)[1]
  • Steven M. Larkin (CRO)[2]
ProductsMoissanite
Revenue$30.8 million[3]
Number of employees
82[1]
Websitewww.charlesandcolvard.com

Charles & Colvard, Ltd., is a publicly traded company (NASDAQ: CTHR) that distributes and manufactures jewelry. It was founded in 1995 by Charles Eric Hunter under the name C3 Inc.,[4] and then run by his brother Jeff Hunter until 2000,[5][6] the company changed its name to Charles & Colvard in 1999.[7] The company is based in the area of Research Triangle Park in North Carolina. Charles & Colvard employs 70 people full-time, generating revenue that totals $27.59 million during the year ending June 30, 2015. It was the first company to produce and sell synthetic moissanite,[8] under U.S. patent US5723391 A, first filed by C3 Inc., North Carolina.[9]

Subsidiary companies and brands include 'Classic Moissanite', 'Forever Brilliant', 'Survivor Collection', 'Hearts & Arrows', 'Moissanite.com' and 'Lulu Avenue'.[10]

Cree Research Inc. is also located at Research Triangle Park and produces the moissanite crystals from Silicon carbide[6][11]

References

  1. ^ a b c d "CTHR Key Statistics". Marketwatch. Marketwatch. Retrieved 5 May 2016.
  2. ^ "Steven M Larkin". Retrieved 2016-04-01.
  3. ^ "Charles & Colvard Q4 2015 Sales +16%". IDEX Online. IDEX. Retrieved 14 March 2016.
  4. ^ "Tenth Amendment to Agreement". SEC.gov. Securities & Exchange Commission. Retrieved 9 January 2016.
  5. ^ "Teachers' Retirement System v. Hunter" (PDF). Standford University (Securities). Stanford. Retrieved 9 January 2016.
  6. ^ a b "Charles & Colvard confronts Morion". JCKonline. JCK. Retrieved 9 January 2016.
  7. ^ "A Special Thanks (Company History)". Greater Charlotte Biz. Greater Charlotte Biz. Archived from the original on 26 January 2016. Retrieved 9 January 2016. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  8. ^ O'Donoghue, Michael (2006). Gems: Their Sources, Descriptions and Identification. Butterworth-Heinemann. p. 90. ISBN 978-0-7506-5856-0.
  9. ^ "Silicon Carbide Gemstones". Google. {{cite web}}: Cite has empty unknown parameter: |1= (help)
  10. ^ "FORM 10-K For the Fiscal Year Ended December 31, 2014". Charles & Colvard Ltd. 2014-12-31. Retrieved 9 January 2016.
  11. ^ "SEC Filings Form S-1/A 1997/05/11". phx.corporate-ir.net. Retrieved 9 January 2016.