The company that once made a diamond from Beethoven's locks has their sights set on another musician, Michael Jackson. LifeGem, a company that specializes in making lab diamonds created using carbon such as hair from loved ones. A former Michael Jackson friend, Ralph Cohen just happens to have some Michael Jackson hair. He got it in 1984 when he threw his jacket over Michael Jackson's head to put out the flames when Jackson's hair caught fire during the filming of his Pepsi commercial. Cohen held on to some of Jackson's burned hair. It was sold at auction and eventually went to a celebrity hair collector who is now teaming up with LifeGem to sell diamonds made from the hair. LifeGem is not sure yet how many stones can be created from the sample.