New Premium Alert For 2/8 Trading Session Adamas One Corp. (NASDAQ: JEWL) âThe Original Lab-Grown Diamond Companyâ 7:00PM EST. 10XProTrader Member, This is Kevin Vander with â10XProTraderâ delivering you your next premium alert for Wednesday 2/8 - trading session is Adamas One Corp. (NASDAQ: JEWL). âJEWL Insider Trading Activity - Follow The Smart Moneyâ Research shows that [insider trading]( activity is a valuable tool for successful trading. Follow the Smart Money when you can. Presumably the only reason an insider would use their hard-earned dollâars to make a purchase, is that they EXPECT to maâke moâney. And at Adamas One Corp. (JEWL), there was recent insider buying from the CEO John Grdina. [Source Here]( Heavy Insider BUYING from CEO in January 2023! 1/26/2023 CEO John Grdina purchased 20,000 shares of JEWL at $2.51 1/23/2023 CEO John Grdina purchased 40,000 shares of JEWL at $2.67 Insider-trading data is nothing new. Investors have been making invesâtment deciâsions based on the actions of insiders for decades. [For JEWL shareholders, this is a very positive catalyst.]( Adamas One Corp. (NASDAQ: JEWL) Full Investor Report [Company Website]( About Adamas One Corp. Adamas is a lab-grown diamond manufacturer that produces near flawless single-crystal diamonds for gemstone and industrial applications, in its facilities in Greenville, South Carolina. The Company holds 36 patents and uses its proprietary chemical vapor deposition (CVD) to grow gem-sized and smaller diamond crystals. Adamas One(TM) lab-grown diamonds have the same physical, chemical and optical properties as mined diamonds. The Company's controlled manufacturing processes enables it to produce very high-quality, high-purity, single-crystal colorless, near colorless and fancy colored Type IIA diamonds to suit a variety of industrial and gemstone applications. The Company intends to market and sell its diamonds into the wholesale jewelry and industrial markets. Highlights Key Indicators For Growth Catalyst â5 Reasons Why Every Investor Should Consider (JEWL) Into 2023â REASON #1 Adamas One Expected Up to $150MIL in EBITDA in its First Phase of Expansion The new lease allows for expansion of the facility to support up to a total of 400 proprietary reactors to produce the Company's lab-grown diamonds. The first phase will consist of the installation of 100 reactors, which at full capacity will be able to generate up to $30 Million in Topline Revenue, or approx. $14 Million in EBITDA on a monthly basis, or more than $300 Million in Topline Revenue/$150 Million EBITDA on an annual basis. REASON #2 On the Heels of Its Initial Public Offering, Adamas One Reports Initial Diamond Sales for Fiscal Year 2022 The Annual Report on Form 10-K filed with the Securities and Exchange Commission on January 13, 2023, include more than $1.78 Million in sales of the Company's Lab-Grown Diamonds, compared to zero sales in the prior fiscal year. REASON #3 Global Lab Grown Diamonds Market Projected To Reach $49.9 Billion By 2030 A [report]( from Allied Market Research projected that the global lab grown diamonds market size is projected to reach $49.9 Billion by 2030. REASON #4 Adamas One Lays Out Growth Path Into 2023 Through Increased Manufacturing Capacity at Current Facility Averaging 3,000 Rough Carats of Diamonds Per Month From an expansion perspective, we expect to make a significant investment in building out our new manufacturing facility where we anticipate building as many as 300 diamond growing machines. REASON #5 Adamas One Corp. Insider Buying from the CEO confirms bullish times ahead for shareholders. The #1 Catalyst For Explosive Gain Potential Is In The $150MIL
in EBITDA in its FIRST Phase of Expansion Published: Feb. 7, 2023 at 9:00 a.m. ET SCOTTSDALE, Ariz., Feb. 07, 2023 (GLOBE NEWSWIRE) -- Adamas One Corp. (Nasdaq: JEWL) ("Adamas One," "Adamas" or the "Company"), The Original Lab-Grown Diamond Company(TM), a high-tech company that leverages proprietary technology to produce high-quality, single-crystal, Lab-Grown Diamonds for jewelry and diamond materials for industrial uses, announces it has renegotiated the lease for its new South Carolina manufacturing facility. The new lease allows for expansion of the facility to support up to a total of 400 proprietary reactors to produce the Company's lab-grown diamonds. The First Phase will Consist of the Installation of 100 Reactors, which at Full Capacity Will be Able to Generate up to $30 Million in Topline Revenue, or Approx. $14 Million in EBITDA on a Monthly Basis, or More Than $300 Million in Topline Revenue/$150 Million EBITDA on an Annual Basis. The renegotiation of our new Greenville facility lease is an important step in our capability to ramp up production of our lab-grown diamonds. We have completed the architectural design for the new facility and we are approaching completion on the engineering designs. This state of the art facility is designed to have an extremely low carbon footprint and a safe and friendly work environment for our employees. We anticipate to start generating income from this facility towards the end of Q3. At full capacity, this represents a significant, rapid increase in revenue generation, which we see only increasing upon reaching the facility's full capacity of 400 units. We are aggressively moving forward with our development plans, which we believe will generate optimal shareholder value by bringing new product into the consumer market. Investor Conclusion... The CEO John Grdina acquired 40,000 shares of (JEWL) on Jan 23rd at $2.67 and another 20,000 shares of (JEWL) were purchased on Jan 26th, 2023 at $2.51. Considering the CEO, John Grdina recently acquired apprrox. 60,000 shares of (NASDAQ: JEWL) at the market, something big must be waiting for us? I am urging all of our 10X members to add JEWL to the top of your watch list right now, and be ready Wednesday morning! 10X Your Wealth, Kevin Vander
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