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CHARLES & COLVARD: CHARLES & COLVARD ANNOUNCES INTRODUCTION OF MOISSANITE JEWELRY IN 450 STORES OF A NATIONAL CHAIN AND REPORTS SECOND QUARTER OPERATING RESULTS |
Simulants in the news: CHARLES & COLVARD ANNOUNCES INTRODUCTION OF MOISSANITE JEWELRY IN 450 STORES OF A NATIONAL CHAIN AND REPORTS SECOND QUARTER OPERATING RESULTS
Excerpt:
Bob Thomas, President and Chief Executive Officer, said, "We have high expectations for the remainder of 2004. Moissanite continues to gain greater exposure. Additional test programs of moissanite jewelry are being discussed and implemented with a number of retailers. The most significant development is the planned national roll out of test distribution at one of the country's leading jewelry retailers. This top national chain plans on having moissanite jewelry in 450 of its U.S. stores on October 1, 2004. This jewelry will be consigned to these stores and we will recognize revenue as it is sold. We believe that this is one of the most important opportunities we have enjoyed to date and I am excited about what this could mean to the Company."
Posted by GilbertZ at 12:01 PM
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