Charles & Colvard, Ltd. (NASDAQ:CTHR) Files An 8-K Results of Operations and Financial ConditionItem 2.02
On August 3, 2017, Charles & Colvard, Ltd. (the “Company”) issued a press release regarding its financial results for the fiscal quarter ended June 30, 2017. A copy of this press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
to General Instruction B.2 of Current Report on Form 8-K, the information in Item 2.02 of this report, including the press release attached as Exhibit 99.1, is furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. Furthermore, such information shall not be deemed to be incorporated by reference into the filings of the Company under the Securities Act of 1933, as amended.
| Item 9.01 | Financial Statements and Exhibits. |
(d)Exhibits.
|
Exhibit No. |
Description of Document |
| 99.1 | Press Release dated August 3, 2017 |
CHARLES & COLVARD LTD ExhibitEX-99.1 2 v472324_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 CHARLES & COLVARD REPORTS SECOND QUARTER 2017 FINANCIAL RESULTS – Online Channels Segment Generated Double Digit Net Sales Increase – – Continued Innovation and Marketing Drives Customer Demand for Forever One Gemstones – – Conference Call to Be Held Today at 4:30 PM EDT – RESEARCH TRIANGLE PARK,…To view the full exhibit click here
About Charles & Colvard, Ltd. (NASDAQ:CTHR)
Charles & Colvard, Ltd. manufactures and distributes Charles & Colvard Created Moissanite jewels (moissanite) and finished jewelry featuring moissanite. The Company’s segments are Wholesale, Moissanite.com and Charles & Colvard Direct. The Company sells loose moissanite jewels and finished jewelry at wholesale to distributors, manufacturers and retailers, and at retail to end consumers through its operating subsidiaries. The Company manages its business primarily through its three distribution channels that it uses to sell its product lines, loose jewels and finished jewelry, which included Charles and Colvard Direct, LLC. The Company sells loose moissanite jewels and finished jewelry featuring moissanite at wholesale to retailers, television (TV) shopping networks, and designers to be sold to end consumers and directly to consumers through its e-commerce sales channel Moissanite.com. The Company primarily sells moissanite jewels, including Forever Classic and Forever Brilliant.