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Scio Diamond
Adamas Acquires Synthetics Producer Scio
Nevada-based Adamas One Corp. has bought all assetsbelonging to Scio Diamond, a producer of lab-grown diamonds. Adamas will pay $3.3 million over 18 months to cover Scio’s secured debt, according to a December 11 filing with the US Securities...
Polished Markets Dec 30, 2018 Rapaport News
Scio Diamond to Up Synthetics Production
Lab-grown diamond producer Scio Diamond Technology Corporation will boost its output of synthetic rough diamonds over the summer, following a recent restructuring of its debt.“We’ve made significant progress with our white diamonds recently,...
Polished Markets Jul 12, 2017 Rapaport News
Gerald McGuire Scio Diamond Technology
Lab Diamond Grower Scio Widens its Losses
ScioDiamond Technology moved further into the red in the first fiscal quarter asmanagement admitted its future remains in doubt.Thecompany’s loss widened 44 percent to $1.3 million even as revenue advanced 7.5percent to $185,061 in the three months...
Technology Aug 17, 2016 Rapaport News
Scio Diamond
Lab-grown Diamond Producer Scio’s 2Q Revenue Doubles, Net Loss Widens 8%
Lab-grown diamond producer Scio Diamond TechnologyCorporation reported sales more than doubled in the second quarter following anincrease in the production of single-crystal colorless stones.Revenue surged to $236,292 in the three months that endedSeptember 30, the...
Manufacturing Nov 17, 2015 Rapaport News
Scio Revenue Halves, Loss Narrows to $4M
Scio Diamond Technology said declining diamond sales and licensing income led to a 49 percent drop in revenue to $726,193 for the year that ended on March 31. The U.S. synthetic diamond producer said its net...
Retail Jul 06, 2015 Ronen Shnidman
Scio Diamond
Scio Diamond Receives $2M in Equity Financing
Press Release: Scio Diamond Technology Corporation announced that it has closed on $2 million in equity financing.The recently closed equity financing was in addition to the $2.5 million in funding that Scio Diamond received from Heritage Gemstone...
Manufacturing Jan 15, 2015 Scio Diamond
Scio Diamond Reports 49% Increase in Production
Scio Diamond Technology Corporation reported that lab-grown diamond production rose 49 percent year on year to 23,000 carats in the fiscal year that ended on March 31. The company expects to release a full financial report no later...
Gemstones Apr 29, 2014 Jeff Miller
Scio Signs Lab-Grown Diamonds Deal in China
Scio Diamond Technology Corporation entered into a joint venture with unnamed partners to produce type IIa, single crystal, chemical vapor deposition (CVD) diamonds in China. The joint venture's facility is expected to host 100 Scio...
Technology Sep 17, 2013 Jeff Miller
Scio Deploys its Mosaic Diamond Growth Process
Scio Diamond Technology Corporation confirmed that its patented Mosaic Diamond growth process, which grows diamond plates of significant size, is now in production. ''These larger plates of single crystal diamond are unmatched anywhere to our...
Technology Aug 23, 2012 Jeff Miller
Scio Diamond
SCIO Diamond Secures Patent in Canada
SCIO Diamond Technology Corporation was issued its first Canadian patent (number 2511670), titled ''Tunable CVD Diamond Structures.'' The patent relates to single crystal diamond grown in layers, wherein the layers of diamond are...
Financial-Legal Jan 09, 2012 Jeff Miller
Scio Diamond
Scio Diamond Reports 3Q Loss of $276K
Scio Diamond Technology, which plans to produce lab-grown diamonds shortly, reported no revenue during the third quarter, which ended on September 30, and a loss of $276,286 compared with a minimal loss one year ago. The...
Technology Nov 14, 2011 Jeff Miller
Scio Diamond
Scio Diamond Touts Job Creation for South Carolina
Scio Diamond Technology Corporation will establish its new corporate headquarters and manufacturing operations in Greenville County, South Carolina, and operations are expected to generate 70 new jobs during the next five years, according...
Technology Oct 31, 2011 Jeff Miller
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