Charles & Colvard

Charles & Colvard, Ltd.
Public
Traded as NASDAQ: CTHR
Industry Gemstone Manufacturer/Jewelry
Founded 1995
Founder Charles Eric Hunter
Headquarters Morrisville, North Carolina, United States
Key people
  • Suzanne T. Miglucci (CEO)[1]
  • Neal Ira Goldman (Chairman)[1]
  • Kyle S. Macemore (CFO)[1]
  • Steven M. Larkin (CRO)[2]
Products Moissanite
Revenue $30.8 million[3]
Number of employees
 82[1]
Website www.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. 1 2 3 4 "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. 1 2 "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.
  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.
  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.


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