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 April 16, 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 (I.R.S. Employer incorporation or organization) 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 7. Financial Statements and Exhibits (c) Exhibits. Exhibit No. Description of Exhibit 99.1 Press Release dated April 16, 2003 Item 9. Regulation FD Disclosure (Information provided pursuant to Item 12) On April 16, 2003, Charles & Colvard, Ltd. issued a press release regarding its financial results for its fiscal 2003 first quarter, ended March 31, 2003. A copy of this press release is attached as Exhibit 99.1. 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: April 16, 2003