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interesting - i'll ask him about that email as i ask him about all emails posted on this board!
yea.. "looking to prevent" though is very different from "we won't do it". i've written a tonne of PRs for a $bil fortune 500 company, i know what being wishy-washy with the wording means.
They could have just plain lied about the orders.
I still have my shares, but damn not happy to be in the red after all this time.
Never holding a penny stock for this long again, good lesson learned. At least I took some profits to cover myself, but would have been much happier selling all at .049 and taking my money elsewhere.
Isn't there any recourse through legal channels for what they're doing?
Same here.. and every time he has said "i can't say whether they're diluting or not". He has also said how they run their business is up to them. He further commented that anyone who says they got information from him such as "the company is not diluting" or "the company will not dilute in the future" is lying. If you send me your email address i'll be happy to forward his emails to you.
Paid in shares? Ouch.
lol he's not in moscow - he doesn't work for GBDX, just outsources their IR for them... i'm sure his other customers demand just as much time, or more, depending on what they pay.
either way, FortuneIR isn't a great IR firm - and as we see from the lack of real info available for investors, you get what you pay for.
FWIW, Alex has always answered my emails within 24 hours - and he'll never talk about dilution, the company's strategy re: selling shares, or give numbers that have not been released. if you want answers about share structure, hit up the TA.
Alex also seems to distance himself quite a bit from the company's strategy for dealing with the current PPS.. as he should, it's not his company.
a little dead in here - what happened with these guys?
Seems like nice tech, and quite a few PRs recently that showcase customer successes...
sleeping giant? do they just suck at marketing their solution? or nothing more than Scam-Inna-Can? looooooooooooooow volume....
executing some DD at the moment, just wondering if anyone had some insight.
GLTA!
BM
the o/s was 400+, the a/s was 7 bil as previously known.
now if they'd only PR this... perhaps they have more to do before they communicate to us.
seems to be!
Action Type: Amendment
Document Number: 20060778277-46 # of Pages: 1
File Date: 12/04/2006 Effective Date:
Previous Stock Value: No Par Value Shares: 7,000,000,000 ----------------------------------------------------------------- Total Authorized Capital: $ 0.00 New Stock Value: No Par Value Shares: 975,000,000 -----------------------------------------------------------------
I have also talked with Alex several times, he emphatically states he did not discuss Dilution with you, nor will he discuss Dilution with anyone because this is the domain of the company.
Any statements made about people claiming to have information about Dilution from Alex are false.
His take was yes, while he did have a conversation with you, you added your own points. He also cautioned that there is a lot of misinformation on the boards right now.
Regarding the BOD, they have just been taking a little longer due to the JV - they need clearances from all the execs to use their name and information, and due to the business developments the execs have been too busy to deal with the smaller details like Bios.
This last point resonates truthfully enough with me, when Execs are involved in JVs or Mergers they don't want to hear from the Marketing flunket.
I'm sure we'll see BOD in good order soon enough, especially with so many people contacting the company and the PPS sitting where it is today.
If they were smart, they wouldn't have put up that silly Under Construction page until all the information was ready. But not everyone knows the right way to build a brand - sometimes they try too hard to please everyone and it just bites them in the @$$.
interesting.. but isn't this morning's news about the "second order"?.. and they say: "Delivery is expected mid to late December."
which means he is correct.. and also it'll likely miss the christmas rush considering that these guys continue to over-promise and under-deliver in terms of their dates.
i'm now in for 1.5M shares, but am not happy to see continued delays. i'd rather they just PR the events that have happened, as opposed to promising something they'll just likely miss due to environmental factors or whatever excuse they use.
by the way they're running this company, i have a hard time believing they've been in business successfully for over 17 years.
haha yeah just saw that the new release finally popped into my reader - yahoo! :)
posted the release, too - better to avoid the same confusion again!
Global Diamond Exchange Confirms Purchase of Second Order
Tuesday November 28, 9:00 am ET
NEW YORK, NY--(MARKET WIRE)--Nov 28, 2006 -- Global Diamond Exchange (Other OTC:GBDX.PK - News) is pleased to announce the second allotment of diamonds has been purchased and they are currently being processed. Delivery is expected mid to late December.
Additionally, Diamond Certificate has agreed to allow Global to purchase up to their allotment quota in rough stones for processing to fill demand for the next calendar year. Global still has the option to buy cut and polished stones from other sources if demand exceeds supply but will exclusively rely on its joint venture partner to provide rough diamonds for processing.
Management is extremely excited about the commitment from its partner since it will allow Global to grow substantially and insure the company of uninterrupted flow of diamonds.
About Diamond Certificate:
Diamond Certificate is Global's Joint Venture Partner, providing acquisition of rough diamonds, supervision of the cutting and polishing, the exporting of the finished or rough product and/or the purchase of finished goods, along with the custom exports. Diamond Certificate consist of and is owned by several groups -- Smolensk Brilliants Association - A union of 8 diamond cutting facilities in Smolensk; The Smolensk Government Facility "Crystal" - The largest Diamond cutting Facility in the Russian Federation employing over 4000 diamond cutters; The Sheremetyevo Insurance company, Russian Federation; Olympus - which is a variety of private and corporate entities that control the world's largest diamond mine; one of the largest banks in Russia, the Mezvynarodnij Aktsonirnij Bank, Moscow, Russian Federation; and private individuals with diamond experience since the late 1980s and extensive casino/gaming interest since the mid 1990s.
About Global Diamond Exchange:
Global Diamond Exchange originally opened their office on 2 West 46th Street in the heart of 'New York's Diamond District.' After several years of operation at their New York office the company decided to shut down the operation due to low pricing and soft demand in North America. The company concentrated its efforts on exporting cut diamonds from the Russia Federation and European locations. The new company has reopened its sales offices in the original building ready to take on the increased demand for fine quality diamonds.
NOTE: Safe Harbor for Forward-Looking Statements.
This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, the ability of the Company to complete the planned bridge financing, market conditions, the general acceptance of the Company's products and technologies, competitive factors, timing, and other risks described in the Company's SEC reports and filings.
lol jack why did you change your comment from "that news is old - nov 21" to just "nice"?
yeah just saw this finally on Etrade. it was dated nov 16th though on etrade, not 15th.
Global Diamond Exchange Wholesale Office Opens for Business, First Allotment Is Sold Out
Market Wire - November 16, 2006 12:56 PM ET
agreed on the buyout potential vs ever hitting %50..
as for the video, my take on it is this: there's some contention within the scientific community that "nanobacteria" are little more than inorganic crystalline particles. the purpose of the video was to show that there is a difference between the two.
i see it as an attempt to get big pharma to pay a little more attention to the research these guys have been doing - maybe generate some funding to bring some therapies that deal with nanobacteria to market.
thurday's conference call should be interesting as they've had quite a few projects in the hopper this year!
hopefully the move into proving calcification by nanobacteria in human blood via video won't take as long as it took them to show these last results.
BM
nice! that's more like it.
i'm sure it's all teething, after all they are just re-establishing their presence and there's a lot to do.
however, in time i hope they represent themselves correctly, that'll only do wonders for the PPS.
a shame to see some longs losing confidence, things are just getting started IMHO.
actually, since you were on the phone with them i figured they would have told you about ALL of their offices, not just the ones in NYC.
no need to be all aggressive about it, not as though i was questioning the validity of your statements.
i guess all will be revealed in time. my guess is we'll all be very happy in the end or some people will be going to jail haha. until then, i'm just enjoying the ride.
surprising that the company has only 2 offices - previous communication from longs who have done their DD.. well, apparently... indicated there were offices in russia and perhaps elsewhere.
good info to know, thanks for posting!
lol i don't know man - lunch time in the states is midnight in china - ain't no-one answering the Jeko phones i can personally verify haha (look at my profile - i'm an hour away from shenzhen). i think all that info means is someone bought some shares and wants to create some volume to dump them into.
read the bios of the new officers of the delaware corp... they're not even remotely in the same business. and i promise you, the chinese won't trust their business to some jimmy who has no idea about the market they're in.
lol what country are you in?
can you post your source for your findings? i'm unable to find anything on the net...
when did your cousin find out? good stuff!
i've been trying to find that exact same info.. can you post a link? i was wondering if Jeko International and Jeko Industrial or Shenzhen Jeko are the same company..
anything would be appreciated. i was surprised that there were no chinese names on the filing. the chinese like to keep control of their ventures, surely the director of the company would be someone sent over from the mothership..
"As disclosed above, upon the closing of the sale of the Shares, John M. Papazian was appointed the sole director of the Company. Thereafter, on November 7, 2006, Alijandra Mogilner and Stephen Rasche were elected to the Board of Directors and Mr. Papazian was appointed the Company’s Chief Executive Officer.
Mr. Papazian, age 71, has served as a consultant to a series of homeowners’ associations on architectural issues since January 2001. He has also acted as Secretary and Director of Four Seasons Active Adult Communities at Hemet, Beaumont and Palm Springs in Riverside County, California during the past five years. Additionally, Mr. Papazian has acted as Director for Raven Global Security LLC, a company providing business consulting services on issues of international security. "
nice! much better info than i'd seen before, seems like they grew since they first got on the web :)
might be a nice play in this! dipping my toes.
from the china-suppliers site:
Establish: 2000/8/13
Employee's Number: 300
Capital ( RMB ): 1,500,000.00
Sales Amount of Year ( RMB ): 4,500,000.00
4.5m Yuan = about USD$560,000
I'm currently living in China, in Guangzhou which is about an hour's drive from Shenzhen - based on the info i've found so far these guys are pretty small.
On watch.
BM
google led me to them last time i was in the stock (got in a few weeks ago for a quick ride from 22 to 40) - i'm sure it wouldn't take too long to find it.
i didn't keep the dd bookmarked, was never considering it too seriously after reading the info. something like cashnowripoff.com or something like that haha.
but if you're serious about any stock, the very least you owe it is some time in google looking up the CEOs etc... that usually brings up most items of public record.
as for rltr - let's just hope they don't take too long!
anyhoo, not meaning to step on the chicken man's claws in here - it's his board and i'm always keeping a keen eye on what he has to say!
nice add with NNLX - I dabbled in it earlier this year, was happy to see it pop onto the screen and while I haven't bought in yet it's a company I'm interested to see rise to the occasion.
looked a whole lot nicer at .0015 :)
disturbing to read about the ppl who feel as though chnw management has somehow screwed them - quite a history they have, you'll even find some ex-employees with something to say on the net...
in the end though, they may have sorted themselves out and are now acting like a biz that cares about its franchisees.. in which case there should be some $$ on the table for the rest of us.
i'm a nube at such things so i have to ask: if the merger was a bust why does the trading history of this stock now start (at least, for me in etrade PowerTrade) in mid-august when the merger supposedly was consumated?
perhaps they're taking their time getting their act together... which would only bode well for us i imagine.
that being said, i think i'll try to break even today and ride some free shares for a while.
my take on it all is that they're seeking committed funding to bring this puppy into the limelight. the video provides a level of evidence that will, hopefully, spur the moneymen into action.
i wonder how the tests are progressing for therapy against formation of stones... wouldn't surprise me if we're about to see a comprehensive PR campaign addressing this - otherwise why bother partnering with Aker if all they were going to say was "check out this video, it's kinda cool".
Also interesting is the mention of Kontiki... they have full DVD quality streaming available and also claim reduced costs due to their grid-based platform etc - their customers were aol, sky, BBC.
they seem focused on enterprise despite their customer-base in entertainment.
would be interesting to learn how RLTR's system differs! this is one i hadn't researched when doing my competitive analysis before buying in - not that it changes my mind, lol at these prices we can't lose.
bought more at 8.5 / 9
BM
'tis a good read...
The Venice Project was mentioned (p2p streaming like Grid, built by the guys who brought you Skype)...
and of course Grid Networks' other customers who use their tech (web-based TV networks which I imagine will operate at the same quality levels since they are based on the same p2p grid) which are getting close to launch.
all great info for understanding the layout of the competitive landscape before us!
I'm adding to my position after watching the video.. timing the purchases will be the key hehe.
Mostly they have shown that the particles are obviously different entities to inorganic crystals... i am sure this will heat up debate on the topic and ultimately bring Nanobac under some scrutiny.
Which, if they're on the money, can't be a bad thing for us - SOMEone will want to get in on this as early as possible.
First Live Video of Calcifying Nanoparticles Provides Possible Key to Chronic Disease Condition
Thursday November 2, 12:47 pm ET
New Study Reveals Distinction Between Calcifying Nanoparticles and Inorganic Crystals
TAMPA, Fla.--(BUSINESS WIRE)--Scientists today released the first live video footage of calcifying nanoparticles, or CNPs, that might play a basic role in calcifying diseases ranging from heart disease to prostate disease and kidney stones. Calcification is a harmful condition found in most diseases on the leading-cause-of-death list, including cardiovascular disease -- the nation's single leading cause of death. Even the lesser problem of kidney stones results in more than one million doctor visits and 250,000 hospitalizations every year.
"We used a new, high-definition Nikon microscope system, validated with a new award-winning system from Aetos Technologies, which allowed real-time tracking of calcifying nanoparticles (CNPs) at a size of around 100 nanometers," explained Dr. Neva Ciftcioglu, Science Director of Nanobac Pharmaceuticals, which produced the video. "Before these technologies were created recently, we had to chemically treat the nanoparticles to see below the 200 nanometer threshold, which kept us from observing live processes."
This video, for the first time, illustrates: 1) A decalcifying agent dissolving calcified structures while the particles inside seem unaffected and are released to potentially begin the calcification process again. 2) By contrast, inorganic crystals exposed to the same agent are dissolved without releasing nanoparticles.
"Although preliminary, this is a significant scientific and medical finding," observed Dr. Arnold Mandell, professor emeritus at UCSD School of Medicine, research professor at the Emory University School of Medicine and a MacArthur Prize Fellow in the medical sciences. "It brings new scientific support to earlier findings that the pathophysiology of calcification in vascular and other organ systems might involve calcifying nanoparticles. More generally, it suggests that an as yet to be fully explored universe of nanoparticles might play critical roles in medical disorders. It also supports previous evidence that these particles can be viewed as distinct from inorganic crystals and form the basis for an exciting and independent area of research." Dr. Mandell was present as an independent observer when the results were announced by Nanobac scientists.
"While these are early findings, we believe they merit serious investigation," explained Nanobac Co-Chairman Dr. Benedict Maniscalco. "Further investigation of these particles will be necessary to determine if this is the first step toward proving a biological mechanism for calcifying diseases, and will hopefully lead to drug therapies to treat calcification. These results, which were obtained from animal sourced particles, will now be applied to particles obtained from human blood."
Evidence of CNPs was first reported in the 1990s, by Nanobac scientists and other scientists in peer-reviewed journals. The new video was first unveiled at a recent invitation-only Auburn University conference of leading microscopy and biomedical scientists, organized by the Fetzer Memorial Trust. The Trust specializes in supporting leading-edge medical technologies, and has been collaborating with Nanobac on this project since early 2006.
For a copy of the video click on link. For more information, or to schedule a briefing/interview please contact Sanda Pecina (202)367-1622, specina@akerpartners.com, or Carson Chandler (202)367-1625, cchandler@akerpartners.com.
Caption for video: Video microscopy shows impacts of a decalcifying agent on calcified structures similar to those found in disease-related calcification. In the opening segments, the agent comes in contact with calcified structures. Those semi-transparent structures then disintegrate, and nanoparticles, seen as black dots, are released. The released nanoparticles accumulate in large amounts as the process continues, transported by capillary action in the fluid. In the final video segment, inorganic calcium phosphate crystals -- used as a control -- dissolve completely without releasing any nanoparticles.
About Nanobac Pharmaceuticals:
Nanobac Pharmaceuticals Inc. (OTCBB:NNBP - News) is dedicated to the discovery and development of products and services to improve human health through the detection and treatment of calcifying nanoparticles (CNPs). The company's pioneering research is establishing the pathogenic role of CNPs in soft tissue calcification, particularly in coronary artery, prostate and vascular disease. Nanobac's drug discovery and development is focused on new and existing compounds that effectively inhibit, destroy or neutralize CNPs. Nanobac manufactures In Vitro Diagnostic (IVD) kits and reagents for detecting calcifying nanoparticles. IVD products include a line of assays, proprietary antibodies, and reagents for uniquely recognizing CNPs. Nanobac's BioAnalytical Services works with biopharmaceutical partners to develop and apply methods for avoiding, detecting, and inactivating or eliminating CNPs from raw materials. For details visit http://www.nanobac.com.
Investors are cautioned that certain statements in this document, some statements in periodic press releases and some oral statements of Nanobac Pharmaceuticals, Inc. officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act). Forward-Looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future Nanobac Pharmaceuticals, Inc. actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-Looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and Nanobac Pharmaceuticals, Inc. has no specific intention to update these statements.
MULTIMEDIA AVAILABLE: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=5265147
Contact:
Nanobac Pharmaceuticals Inc., Tampa
Sanda Pecina, 202-367-1622
specina@akerpartners.com
Source: Nanobac Pharmaceuticals Inc.
it is now LOL
i can just see him updating his penny stock choices on his OTC STOCK BLOG....
rofl Bush playing stocks....
I guess once they tell us what they're all about (ie official statement re: numbers) then the pps will go BAAALLLIIIIIZZZZZTTTIIIIIIIICCCC SSTTTEERRRROOOIIIDDDALLLLLLLL GGGAAAZZZEEELLLLEEEZZZZZZZZZZZ
*cough*
lol sorry, couldn't help myself.
lol my post was a direct cut & paste from online!
well, regardless of all the strange goings on... i expect we'll see this online for real sometime hopefully in the near future...
can't imagine they'd put those figures in there just for grins!
actually both are there... $500 mil is closer to the top of the page where they discuss last year's revenues, $300 mil is towards the bottom and yea talks more about averages...
here's the whole thing, bolded the parts in question..
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<td background="images/s2.gif" width="213" height="26"> <a href="exchange.php"><font size=1 face=arial color=#990000>Diamond Exchange</font></a></td>
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<td><font color="#FFFFFF"><strong>Global Diamond Exchange</strong> <br>exports cut and rough diamonds from russia been in business since 1988. <!--and last year did $500 million in exports.--></font></td>
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<td><font color="#FFFFFF"><strong>Contact Us</strong> <br>
Global Diamond Exchange<br>
Rockerfeller Center<br>
1230 Avenue of the Americas <br>
Phone: 646 756 2866 <br>
Fax: 646 756 2999<br>
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History<br>
Global Diamond Exchange originally opened their office on 2 West 46th street in the heart of the ‘New York’s Diamond District’. After several years of operation at their New York office the company decided to shut down the operation due to low pricing and soft demand in North America. The company concentrated its efforts on exporting cut diamonds from the Russia Federation and European locations. The new company has reopened its sales offices in the original building ready to take on the increased demand for fine quality diamonds.
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Global Diamond has served the needs of clients around the world by providing diamonds of exquisite quality and workmanship. Russian diamond cutters are considered the most skilled craftsman in the world.
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Global has recently expanded it exporting to include rough diamonds from Russia. Global has contracts with Russian cutters to cut and export these exquisite brilliants from Russia.
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<!--The company has been exporting cut diamonds for over 17 years, strictly on the wholesale level to major distributors around the world. Wholesale sales figures have averaged over 300 million USD for numerous years. Global Diamond has served the needs of clients around the world by providing diamonds of exquisite quality and workmanship. Russian diamond cutters are considered the most skilled craftsman in the world.
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Today<br>
The company has recently decided to reopen its wholesale office at 2 West 46th Street in New York to take advantage of the USA’s increased demand of fine quality wholesale cut diamonds. Global has recently expanded it exporting to include rough diamonds from Russia. Global has contracts with Russian cutters to cut and export these exquisite brilliants from Russia. The first shipment scheduled for delivery to New York November 3rd in time for the holiday season.
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<td align="center"><font color="#FFFFFF">© 2006 Global Diamond Exchange. All rights reserved.</font></td>
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haha interesting indeed!
i got there by going into the About Us section, left clicking on the main body of text to make sure that was the active frame, then right-clicked and View Page Source... voila! 300 chilluns...
comes up in a new window with the frame name of http://www.globaldiamondex.com/about.php
i'd almost believe i was seeing a version a week old, but then again the new news link is up just fine...
Bugger! I can see it no problem - can also Save As if needed - but to be sure I just hard-reloaded it as well to make sure it wasn't in the cache.. still there.
I'm using firefox.
BM