The company was headquartered in New York.īy early 2000, Yaakov was no longer chairman, and in 2001 (when he was 75 years old) it was reported that he had been arrested in Israel being accused for espionage. Its chairman was former chief of defense research for Israel, Brigadier General Itzhak Yaakov, president and CEO Eugene Levich, interim chief operating officer Michael Goldberg, and general manager of products Ingolf Sander. Following corrections reported on January 14, 2000, the symbol was changed to CFMD. In January 2000, the symbol for shares was changed to CDDDE after the company failed to comply with listing requirements. These oscillations, and the following influence on the markets of the melting of the dot.com bubble kept the company always running after the dollar for financing the development" The striking jumps in the price of the shares up and down made impossible the discussions with investors. There were very few tradable shares in the hands of the shareholders of C3D Inc previous to the merge. As stated by a former director: "At the reverse merge Constellation 3D Technology received restricted shares. The dramatic rise in the price invited questions at the time, both outside the company and also inside it. In parallel to the dot-com bubble near the end of 1999, the share price rose 31 fold in less than a year after a few private demonstrations. In November 1999 the company started reporting in accordance with the Securities Exchange Act of 1934 From its inception until October 1, 1999, C3D had no business operations. on March 24, 1999, in anticipation of a proposed transaction with Constellation Holdings. The new C3D was formed with the name Latin Venture Partners on December 27, 1995. In 1999 as part of its efforts for raising funds for its development, since the company had millions of dollars in losses with no revenues, there was a reverse merge into C3D Inc., in Fort Lauderdale, Florida acquired its assets. Constellation 3D Holdings was the holding entity for shareholders in the above-mentioned countries and others. It held the intellectual property rights, later transferred to a subsidiary of its own in the United States. Constellation 3D Technology Limited concentrated the R&D taking place in the United States, Israel, Russia, Ukraine and additional subcontractors in other countries. The company was formed in the British Virgin Islands, controlled by Irish company Constellation 3D Holdings Limited. History Ĭonstellation 3D Technology Limited was a development company, development that started in 1996. Constellation 3D (C3D) was a company developing a medium for 3D optical data storage, using the product names fluorescent multilayer disc (FMD) and fluorescent multilayer card (FMC).
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