Charles
& Colvard, Ltd. (NASDAQ:CTHR), the original and leading
worldwide source of created Classic Moissanite™ and Forever
Brilliant®, The World’s Most Brilliant Gem®,
will host an investor conference call to discuss its financial results
for the second quarter 2015 at 4:30 p.m. EDT on Thursday, August 6,
2015. The Company will release its financial results after market close
the same day.
Investor Conference Call
Shareholders and other interested parties may participate in the
upcoming investor conference call by dialing 877-317-6789
(international/local participants dial 412-317-6789) and asking to be
connected to the “Charles & Colvard, Ltd. Conference Call” a few minutes
before 4:30 p.m. EDT on Thursday, August 6, 2015. The call will also be
broadcast live on the Internet at https://www.webcaster4.com/Webcast/Page/346/9363.
The conference call will be archived for review on the Internet at https://www.webcaster4.com/Webcast/Page/346/9363
and on the Company’s website at http://www.charlesandcolvard.com/investor-relations/events
until Friday, August 21, 2015.
About Charles & Colvard, Ltd.
Charles & Colvard, Ltd., based in the Research Triangle Park area of
North Carolina, is the original and leading worldwide source of
moissanite, a unique, near-colorless created gem that is distinct from
other gems and jewels based on its exceptional fire, brilliance,
durability, and rarity. Charles & Colvard’s Classic Moissanite™
and Forever Brilliant® are currently
incorporated into fine jewelry sold through domestic and international
retailers and other sales channels. Charles & Colvard, Ltd.’s common
stock is listed on the NASDAQ Global Select Market under the symbol
“CTHR.” For more information, please visit www.charlesandcolvard.com.
This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended. Statements
expressing expectations regarding our future and projections relating to
products, sales, revenues, and earnings are typical of such statements
and are made under the Private Securities Litigation Reform Act of 1995.
These forward-looking statements include, but are not limited to,
statements about our plans, objectives, representations, and contentions
and are not historical facts and typically are identified by use of
terms such as “may,” “will,” “should,” “could,” “expect,” “plan,”
“anticipate,” “believe,” “estimate,” “predict,” “continue,” and similar
words, although some forward-looking statements are expressed
differently.
All forward-looking statements are subject to the risks and
uncertainties inherent in predicting the future. You should be
aware that although the forward-looking statements included herein
represent management’s current judgment and expectations, our actual
results may differ materially from those projected, stated, or implied
in these forward-looking statements as a result of many factors
including, but not limited to, our dependence on consumer acceptance and
growth of sales of our products resulting from our strategic
initiatives; dependence on a limited number of customers; the impact of
the execution of our business plans on our liquidity; our ability to
fulfill orders on a timely basis; the financial condition of our major
customers and their willingness and ability to market our products;
dependence on Cree, Inc. as the sole supplier of the raw material; our
ability to successfully manage the transition of our President and Chief
Executive Officer, our current wholesale customers’ potential perception
of us as a competitor in the finished jewelry business; intense
competition in the worldwide jewelry industry; general economic and
market conditions, including the current economic environment; risks of
conducting business in foreign countries; the pricing of precious
metals, which is beyond our control; the potential impact of seasonality
on our business; our ability to protect our intellectual property; the
risk of a failure of our information technology infrastructure to
protect confidential information and prevent security breaches; possible
adverse effects of governmental regulation and oversight; and the
failure to evaluate and integrate strategic opportunities, in addition
to the other risks and uncertainties described in our filings with the
Securities and Exchange Commission, or the SEC, including our Annual
Report on Form 10-K for the fiscal year ended December 31, 2014 and
subsequent reports filed with the SEC. Forward-looking statements
speak only as of the date they are made. We undertake no
obligation to update or revise such statements to reflect new
circumstances or unanticipated events as they occur except as required
by the federal securities laws, and you are urged to review and consider
disclosures that we make in the reports that we file with the SEC that
discuss other factors relevant to our business.
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