BRIEF-Charles & Colvard Ltd Files Non-Timely 10-K With U.S. SEC- SEC Filing

Reuters10-02

Charles & Colvard Ltd :

* CHARLES & COLVARD LTD FILES NON-TIMELY 10-K WITH U.S. SEC- SEC FILING

* CHARLES & COLVARD: SEES TO REPORT NET SALES DOWN BY 25% TO $22.5 MILLION FOR FISCAL YEAR ENDED JUNE 30

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