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). History Constellation 3D Technology Limited was a development company, development that started in 1996. The company was formed in the British Virgin Islands, controlled by Irish company Constellation 3D Holdings Limited. Constellation 3D Technology Limited concentrated the R&D taking place in the United States, Israel, Russia, Ukraine and additional subcontractors in other countries. It held the intellectual property rights, later transferred to a subsidiary of its own in the United States. Constellation 3D Holdings was the holding entity for shareholders in the above-mentioned countries and others. 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. The new C3D was formed with the name Latin Venture Partners on December 27, 1995. and changed to C3D Inc. on March 24, 1999, in anticipation of a proposed transaction with Constellation Holdings. From its inception until October 1, 1999, C3D had no business operations. In November 1999 the company started reporting in accordance with the Securities Exchange Act of 1934 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. The dramatic rise in the price invited questions at the time, both outside the company and also inside it. As stated by a former director: "At the reverse merge Constellation 3D Technology received restricted shares. There were very few tradable shares in the hands of the shareholders of C3D Inc previous to the merge. The striking jumps in the price of the shares up and down made impossible the discussions with investors. 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" In January 2000, the symbol for shares was changed to CDDDE after the company failed to comply with listing requirements. Following corrections reported on January 14, 2000, the symbol was changed to CFMD. 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