FORM 8-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 


 

FORM 8-K

 

CURRENT REPORT

 

PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

December 15, 2003 (Date of earliest event reported)

 

Commission file number: 0-23329

 


 

Charles & Colvard, Ltd.

(Exact name of registrant as specified in its charter)

 

North Carolina   56-1928817

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. Employer

Identification No.)

 

3800 Gateway Boulevard, Suite 310

Morrisville, North Carolina 27560

(Address of principal executive offices)

(Zip code)

 

(919) 468-0399

(Registrant’s telephone number, including area code)

 



Item 9. Regulation FD Disclosure

 

On December 15, 2003, Charles & Colvard, Ltd. issued two press releases, one providing an update on its business and announcing that its Board of Directors has authorized the repurchase of up to 900,000 shares of the Company’s common stock, and the other announcing that it has entered into a Memorandum of Understanding with GeoLink Technologies of Oxnard Shores, CA to supply faceted moissanite jewels and provide technical support to GeoLink through 2005 in connection with the use of moissanite jewels in its development and commercialization of pervasive mobile ultra-high capacity optical/laser phased array communications datalinks. A copy of these press releases is attached as Exhibits 99.1 and 99.2, respectively.

 


SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Charles & Colvard, Ltd.
By:  

/s/ James R. Braun

 
   

James R. Braun

Vice President of Finance and

Chief Financial Officer

 

Date: December 16, 2003