Adamas One Corp. - Common Stock (JEWL)

In the realm of luxury, few items hold as much allure and fascination as natural diamonds. Yet, beneath their shimmering surface lies a shadow of environmental concerns and sustainability issues. With the global demand for diamonds soaring to unprecedented levels, questions about their ecological footprint have begun to loom large.

In the realm of luxury, few items hold as much allure and fascination as natural diamonds. Yet, beneath their shimmering surface lies a shadow of environmental concerns and sustainability issues. With the global demand for diamonds soaring to unprecedented levels, questions about their ecological footprint have begun to loom large.

Adamas (NASDAQJEWL), 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 and technology uses, recently announced its plans to increase its presence in the semiconductor sector, as well as the appointment of Peter Cohen as VP of Business Development. Cohen will report to Chief Operating Officer Gerald McGuire and initially concentrate on the utilization of lab-grown diamonds in the production of semiconductors in industrial and technology sectors. “Lab-grown diamonds’ thermal conductivity and durability make them ideal for use in semiconductor devices. We believe our patented technology provides us with a significant opportunity to address the increasing demands of the semiconductor sector,” said Adamas CEO Jay Grdina. “We are excited to welcome Peter to our team, where he will work with Jerry to solidify our presence in the semiconductor space and then help identify more consumer-oriented opportunities with our soon-to-be-launched Elle Jolie luxury jewelry line. Having worked closely with him in multiple capacities for over a decade, I am confident Peter has the significant reach, especially across the media and entertainment landscape, that will help Adamas One substantially expand awareness and market penetration.”

Adamas One Corporation (NASDAQJEWL) is polishing itself to become one of the most formidable players in the lab-grown diamond space. And that's no coincidence; it results from JEWL doing the right things at the right time in a booming lab-grown diamond sector. In fact, they are a perfect example of why being different can be an advantage, which, for JEWL, positions them ideally to capitalize on a multi-billion dollar revenue-generating opportunity.

Adamas (NASDAQJEWL), The Original Lab-Grown Diamond Company(TM), is 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. The company today announced its entry into a non-binding letter of intent (“LOI”) to acquire a key lab-grown diamond manufacturer, Flawless Allure Grown Diamonds, LLP (“FAGD”). “This acquisition will solidify our position as a leader in the lab-grown diamond industry based on our capabilities to vertically integrate, produce and market lab-grown diamonds,” said Adamas One CEO Jay Grdina. “Our goal has been to complete our ecosystem and become as self-sufficient as possible, and the acquisition of Flawless, one of the top diamond cut and polishers in the industry, completes our ability to control our end-to-end production, speed of production and time-to-marketing. This transaction represents a significant step in the execution of our strategy to ensure that we are well positioned in the market, with minimal to no shareholder dilution.”

TalkMarkets.com announces a company spotlight series featuring Adamas One (NASDAQJEWL), a leading producer of lab-grown diamonds. The article is titled “Investing in Luxury: Adamas One Unlocks the Potential for Lab-Grown Diamonds”.

Palm Beach, FL – December 21, 2022 – FinancialNewsMedia.com News Commentary – Lab grown diamonds are made in laboratories and factories. These diamonds are identical to natural diamonds in their composition and appearance. Diamonds made in labs are generally of better quality than natural diamonds as they are made in controlled environments with constant monitoring […]