FAQ’s
Here is a list of frequently asked questions. If your answer is not here, feel free to contact us with any questions!
1. What is EnviroDiamond Technologies Inc.?
ETI is an industrial diamond manufacturing company with an environmental agenda to reduce CO2 levels. The company’s patented process for making diamond dust actually consumes CO2 and has been tested successfully to show that it detonates and that it produces diamond.
2. What does ETI need investments for and what’s in it for me?
ETI is raising $3.2 million to cover national patent filing fees, commercialization tests, product characterization and to build a pilot plant for 30% equity in the company (Preferred Class A shares). Strategies have been developed for production, business operations and marketing envirodiamond material.
3. Where do Envirodiamonds stand above in comparison to the synthetic diamonds being created now?
We project that envirodiamond will exhibit physical and chemical properties similar to and superior to current grades of synthetic industrial diamond dust. The CDP detonation process should produce typical detonation diamond material with a preferred friability (hardness/crumbliness) than diamond dust derived from processing larger diameter material. Our diamond dust is ideal for abrasives applications, superior to competitor’s products, will do a better job, perform longer and cost about 50% less to make.
4. What does that mean to the people investing in EnviroDiamond Technologies Inc.?
The quality and cost benefits of envirodiamond are the foundation upon which good engineering and business can operate viably. This groundwork ensures investors will receive their ROI in due time: 15% to 60% ROI in 3 – 5 years respectively.
5. What happens to my ROI if a big competitor offers to buy out ETI?
Since ETI’s CDP technology will compete directly with existing diamond producers such as DeBeers, the potential to sell the technology is possible and this activity will be pursued. In selling the technology or company outright, the minimum target price would enable ETI to pay its shareholders at least 10 times the amount invested.
6. Can we create our own diamond making facility?
