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ADAMAS ONE CORP - JEWL STOCK NEWS

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Adamas One Corp. (NASDAQ: JEWL) is a pioneering high-tech diamond company specializing in the production of high-quality, single-crystal diamonds through its proprietary Chemical Vapor Deposition (CVD) process, known as Diamond Technology. Operating as a Lab-Grown Diamond manufacturer, Adamas One Corp. produces diamonds for both gemstone and industrial applications.

The company's advanced CVD process, originally developed by Apollo Diamond, enables it to produce gem-sized Lab-Grown Diamond crystals. This method allows for the controlled manufacturing of high-quality, high-purity, and high-volume single-crystal diamonds that are colorless, near-colorless, and fancy-colored. These diamonds cater to a variety of applications, from fine jewelry to industrial uses.

Adamas One Corp. has made significant strides in research and development, recently achieving the successful creation of colorless diamonds, a testament to their ongoing efforts to refine white diamond recipes. The company operates a state-of-the-art facility in Greenville, South Carolina, where it leverages its 36 patents and proprietary technology to grow both large and small diamond crystals.

Committed to transparency and communication with its stakeholders, Adamas One Corp. has partnered with the Webull Corporate Connect Service. This collaboration aims to provide real-time updates, important announcements, and relevant content such as news, earnings reports, investor presentations, and industry snapshots. The Webull platform further enhances accessibility by offering tools like level 2 quotes, after-hours trading, and educational services.

In addition to its jewelry-focused operations, Adamas One Corp. recently announced the formation of its subsidiary, Adamas Technologies. This new venture will focus on the deployment of Lab-Grown Diamond-based solutions in the technology industry, particularly in semiconductor devices. Lab-Grown Diamonds' exceptional thermal conductivity and durability make them ideal for such applications. The company views this as a significant opportunity to address the increasing demand in the semiconductor sector.

Under the leadership of CEO Jay Grdina and COO Gerald McGuire, Adamas One Corp. continues to innovate and expand its market presence. With its commitment to producing near-flawless single-crystal diamonds and its strategic move into the technology sector, the company is well-positioned to capitalize on the growing demand for Lab-Grown Diamonds across various industries.

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Adamas One Corp. received a notification from Nasdaq regarding non-compliance with filing requirements for its Annual Report on Form 10-K. The company has until March 19, 2024, to file the report or submit a plan to regain compliance. Failure to do so may lead to delisting from Nasdaq. The company is working to file the report promptly to avoid the need for a formal compliance plan.
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Adamas One Corp. (Nasdaq: JEWL) announces the formation of its wholly owned subsidiary, Adamas Technologies, to focus on R&D, partnering, and deployment of Lab-Grown Diamond solutions for the technology industry. The subsidiary aims to leverage the thermal conductivity and durability of Lab-Grown Diamonds for use in semiconductor devices in the industrial and technology sectors, addressing increasing demand from the semiconductor market.
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Adamas One Corp. has joined the Webull Corporate Connect Service to enhance transparency and communication with shareholders and expand its corporate footprint.
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Adamas One Corp, the Original Lab-Grown Diamond Company, announces the successful creation and initial delivery of colorless diamonds. The company's R&D efforts have led to the production of D, E, and F diamonds, considered to be colorless by gem grading labs. Adamas One believes their proprietary technology gives them a competitive advantage in producing high-quality lab-grown diamonds for the jewelry, tech, and industrial sectors. Lab-grown diamonds now represent over 50% of diamond sales in the US.
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Adamas One Corp engages Adeptus Partners as its auditor of record, citing their expertise and track record for timely filings.
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Adamas One Corp. receives notification of non-compliance with Nasdaq listing rule for delayed filing of Q3 2023 Form 10-Q. No immediate effect on stock listing, but potential delisting if compliance not regained by October 30, 2023. Company working to file Q3 2023 Form 10-Q shortly.
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Adamas One Corp. appoints Peter Cohen as VP of Business Development to increase utilization of Lab-Grown Diamonds in semiconductor production. Lab-Grown Diamonds offer superlative properties for high-speed, high-power components in semiconductors. The semiconductor sector is expected to be a $1 trillion sector by 2030. Cohen and COO McGuire will leverage their knowledge to build momentum in both the semiconductor and fine jewelry markets.
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FAQ

What is the current stock price of ADAMAS ONE (JEWL)?

The current stock price of ADAMAS ONE (JEWL) is $0.0185 as of December 24, 2024.

What is the market cap of ADAMAS ONE (JEWL)?

The market cap of ADAMAS ONE (JEWL) is approximately 8.4M.

What does Adamas One Corp. specialize in?

Adamas One Corp. specializes in producing high-quality, single-crystal Lab-Grown Diamonds for both gemstone and industrial applications.

What technology does Adamas One Corp. use to produce diamonds?

The company uses its proprietary Chemical Vapor Deposition (CVD) process, known as Diamond Technology, to produce its Lab-Grown Diamonds.

Where is Adamas One Corp. located?

Adamas One Corp. operates its state-of-the-art manufacturing facility in Greenville, South Carolina.

What recent achievement has Adamas One Corp. made in diamond production?

The company has successfully created colorless diamonds, a result of their ongoing research and development efforts to improve white diamond recipes.

What is Adamas Technologies?

Adamas Technologies is a subsidiary of Adamas One Corp. focused on developing Lab-Grown Diamond-based solutions for the technology industry, particularly in semiconductor devices.

How does Adamas One Corp. ensure transparency with its stakeholders?

The company has partnered with the Webull Corporate Connect Service to provide real-time updates, important announcements, and other relevant content to shareholders.

What are the applications of Adamas One Corp.'s Lab-Grown Diamonds?

The diamonds are used in various applications, including fine jewelry and industrial uses, due to their high quality, purity, and variety in color.

Who leads Adamas One Corp.?

The company is led by CEO Jay Grdina and COO Gerald McGuire, who bring extensive experience in the diamond and semiconductor industries.

What competitive advantages does Adamas One Corp. have?

The company's proprietary and patented CVD technology gives it a strong competitive edge in producing high-quality, high-purity Lab-Grown Diamonds for various industries.

How can shareholders and interested parties get more information about Adamas One Corp.?

They can visit the company's website at www.adamasone.com or follow updates on the Webull Corporate Connect Service.

ADAMAS ONE CORP

Nasdaq:JEWL

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JEWL Stock Data

8.37M
28.32M
0.1%
Luxury Goods
Jewelry, Silverware & Plated Ware
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United States of America
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