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PR likely soon. Get ready flippers. Last time the spike only lasted the first few minutes after the bell. If you look at their history of PR they are due for one soon. Their PR rarely goes past 3 week cycles, they like the every 3 week PR with a few bonus PRs close together.
I wouldnt believe a word of any pr that is not what they already promised: auditing, financial disclosures not just "inventory" or gross statements of revenue which mean nothing without the profit margin, history and biography of board members...
Flip it like a flap jack but don't let it burn on the fryer too long.
they would be a stop sign by that grading. that is one level above the skull and crossbones.
Yes.
-----------------
Have you ever seen a scam move in rather than move out?
-------------
The sting.
----------------
Some swindlers surround themselves with the trappings of legitimacy - rented office space, a receptionist, investment counselors, and professionally designed color brochures describing the investment. You may be dealing with an investment swindler if you can answer "yes" to the following:
-- Does the salesperson make it sound as if you can't lose?
-- Are you promised an unusually high rate of return or interest payment on your capital?
-- Are you pressured to make a decision because new investment units "are selling fast"?
http://www.usps.com/communications/news/press/2004/pr04_0202ncpw.htm
Alrosa is considering going public.-------------
If you want to get rich on diamonds maybe buy alrosa when it goes to market- But don't spread rumors that alrosa is really behind this company just to pump a stock.
------------------
Talks at an early and tentative stage
Newsroom : 2007 : 4 : International News
Author: Rapaport
Updated On: 4/21/2007
Home :: Newsroom :: 2007 :: 4 :: Alrosa intends ...
ALROSA has held informal discussions about a potential initial public offering (IPO,) company spokesman Andrey Polyakov confirmed April 19, 2007.
"ALROSA intends to become a public company. We have had discussions because we want to know the experts' opinions about a future listing, but we are not in official negotiations," he said.
I can't believe that your DD is the word "almaz" and "diamond exchange" proves its the same company. You may not realize this but the word almaz means diamond in russian and is used by 99-100% or more of companies dealing with diamonds and has nothing to do with "sib almaz." Locating the words "diamond exchange" does not mean that a company is associated with GBDX. To save you some time, please don't post that you found other companies with the word "global" to prove that this company has assets.
Not very good pumpers here. They go on and on about how great the DD is but all I hear is rumors.
I read those webpages already. No sign of Sib Almaz. Like I said.
JSKIBLA-
I cant post private messages on my account (I only have the free basic). Thanks for your emails. I appreciated it.
I previously read about the Forbes article you sent me and I found no connection to GBDX. That guy is so rich (billions)that he does not make publicly traded companies, he only makes private companies that he alone owns, or partners privately with some of his mega millionaire buddies.
Please back up your claim of how you know this.
So you know this or you wish this?
Thats right. I would assume you and sib almaz have the same credibility for bidding on a publicly-traded international diamond exporting corporation. DD would mean that I would not send you money if you are not traceable and verifiable. Thanks for proving my point.
Is it customary for Alrosa to use aliases (such as you are alleging) when they acquire companies or are you saying this is the first time they decided to do this?
I did back up my claim by posting a google finding showing the nonexistance of sib almaz. How about you back up you claim that there is a real company because google begs to differ. I didnt think so!
*******************************************
Sib Almaz?
Why is this not a recognized name other than on all the GBDX PR. Do a search on Sib Almaz and see if you can find one reference to it before the sudden appearance on the GBDX pr. Is this a joke?
No standard web pages containing all your search terms were found.
Your search - "sib almaz" -gbdx - did not match any documents.
Sib Almaz?
Why is this not a recognized name other than on all the GBDX PR. Do a search on Sib Almaz and see if you can find one reference to it before the sudden appearance on the GBDX pr. Is this a joke?
No standard web pages containing all your search terms were found.
Your search - "sib almaz" -gbdx - did not match any documents.
VISSOKOVSKY, NIKOLAJ? poor track record in vegas. no evidence of sucess in prior gbdx. prior gbdx folded in about a year last time (involuntary dissolve). how long will this one last?
who is nik?
GLOBAL DIAMOND EXCHANGE, INC.
PRINCIPAL ADDRESS
11000 70TH AVE. N.
SEMINOLE FL 34642
MAILING ADDRESS
11000 70TH AVE. N.
SEMINOLE FL 34642
Document Number
M83348 FEI Number
000000000 Date Filed
06/01/1988
State
FL Status
INACTIVE Effective Date
NONE
Last Event
INVOLUNTARILY DISSOLVED Event Date Filed
10/13/1989 Event Effective Date
NONE
Registered Agent
Name & Address
HARLAN, BRUCE M.
700 PINELLAS STREET
CLEARWATER FL 34616
Officer/Director Detail Name & Address Title
DESTATTE, JOSEPH R.
11000 70TH AVE. N.
SEMINOLE FL P
VISSOKOVSKY, NIKOLAJ
11000 70TH AVE. N.
SEMINOLE FL VT
777777777777777777777777777777777777777777777777777777777777777
Address:
Not Available
Phone: Not Available
Business Description: Not Available
Primary State of Incorporation: Nevada
Country of Incorporation: USA
Officers: Not Available
Outstanding Shares: 1,197,053 as of 2004-09-03
Estimated Market Cap: Not Available
Current Capital Change:
shs decreased by 1 for 500 split
Ex-Date:
Record Date:
Pay Date: 2004-07-02
Dividends:
Company Notes:
Formerly=Pacific Minerals & Chemical Inc. until 12-96
Formerly=Nevada Magic Holdings Inc. until 6-99
Formerly=TO4C Corp. until 4-01
Formerly=Aplox Corp. until 7-01
Formerly=Mirador, Inc. until 7-04
Formerly=VWAY International until 2-06
Formerly=Worldwide Cannery & Distribution, Inc. until 9-06
Class Notes:
Capital Change=shs decreased by 1 for 10 split. Effective date=4-27-01
Transfer Agent:
1st Global Stock Transfer LLC, Las Vegas, NV 89128
In answer to the post by tgtl2005 that states "If GBDX would have the intention to pump the pps they would have act completely differently. They never give crazy numbers or expectations, they rather have say "Keep calm, we are working, lawyers are making the paper work, etc.." It's easy for a company to play games to "hype" is share !AURC is playing that game, but not GBDX."
The answer I posted explains the reason why it does make sense for a company to act like GBDX even if their company has no true value. I stated an "ANALOGY" which means I compared the stock market to another type of model in the real world. The analogy I used is how a parasite can kill its host quickly or slowly. A plaugue can be an organism that kills very shortly after it infects, but other types of viruses might kill or just reproduce the disease organism slowly for years and years all the while passing itself on to other hosts and spreading. The plauge will kill off its victim quick and get the equivalent of a "fast buck" or equivalent of a company who hypes a stock for a 1-time big take and then shuts down the operation right away. The slow kill virus is the equivalent of a scam company that keeps leading on people for a long long time and it can potentially take even more of a "score" from its victims than a 1-time scam.
I am telling you why a company that acts like this- might still not be the real deal. Maybe GBDX is and maybe it isn't. But that behavior does not prove anything.
I did not say that I know for a fact that GBDX is a scam and I would not have originally bought it if I had hard evidence of it. I did sell it when I realized I could not find any solid background about its claims. It didn't give out financials or publicize a reputable individual who might be held responsible for (potential or allegedly) legally questionable practices and claims and PR.
I am sorry if someone read my answer and did not see the connection to the post I was responding to. I restated the exchanges here in order to clear things up. Good luck to all, don't bet over your heads on a longshot.
Maybe you did not read the post I was answering
I explained why a company that acts like gbdx might be still selling a worthless company. This makes perfect sense and is very simple. It is called an "analogy." It relates to the use of logic. Sorry if it went over someones head but it was not off topic.
00000
excerpt from the below
::::::::::::::::::::::::::::::::::
Posted by: TGTL2005
In reply to: None Date:4/30/2007 7:25:48 AM
Post #of 41357
Why Basher are wrong !
If GBDX would have the intention to pump the pps they would have act completely differently.
They never give crazy numbers or expectations, they rather have say "Keep calm, we are working, lawyers are making the paper work, etc.."
It's easy for a company to play games to "hype" is share !
There are 2 kinds of parasites I learned in biology. The kind like a plauge that wipes out the population in a flash, and the kind that are slow, and live in the host organism for a long time. Which kind of parasite lives longer? The kind that sucks you dry slowly. I assume this applies to a stock -------------------------------
A Response to----------------
Posted by: TGTL2005
In reply to: None Date:4/30/2007 7:25:48 AM
Post #of 41354
Why Basher are wrong !
If GBDX would have the intention to pump the pps they would have act completely differently.
They never give crazy numbers or expectations, they rather have say "Keep calm, we are working, lawyers are making the paper work, etc.."
It's easy for a company to play games to "hype" is share !
AURC is playing that game, but not GBDX.
I'm optimistic we will see the light at the end of the tunnel.
Officially gbdx "The company is in the process of hiring an S.E.C. approved audit firm..." Well lets pick up the pace a little now, they haven't even hired them yet? How are they going to make a deal at this rate?
A company with no disclosed financial records present or past, a ceo who is not found anywhere in internet searches present or past with the exception of the current GBDX public relations and incorporation last year, and innuendo on this message board about the real wheeler and dealer who is "highly respected .. jetsetter" but isnt giving out his name.
------------
from the faq on gdbx website TODAY:
When can I see the financial information?
The company is in the process of hiring an S.E.C. approved audit firm with multilingual capacities. The company only wants to release reviewed or audited financial data. This includes size of the first shipments, sales, profits, share structure. All financial data that would be relevant to normal GAP accounting procedures and audit standards. It will be released to all shareholders at the same time. The companies goal is completely audited and disclosed financial information. As soon as the reviews are complete and signed off the company will release information. When the audits are complete the company will evaluate the merits of another exchange.
He must have been looking for the cheerleaders and not the debate team.
Dont bump into anything while you sidestep the question faster than Jesse Owens. I hope you dont expect to win over suckers by dropping mysterious partial names. Anyone who really wanted to see the company succeed would have released that type of validation of the company. I think its a joke until proven otherwise and the way you try to create some type of expertise and then don't answer such a simple but important question is revealing.
You cant possibly figure out their profit from the information you are referring to. You have no idea what they paid for their inventory or what they sell it for or what their expenses are. It is possible to lose money or barely break even when you sell things. Revenue does not equal profit. Low profit can happen in a new business who is trying to gain a customer base by offering foot-in-the door deals to get the business going, or if there are too many middle men their cut in the "wholesale" value can be low.
They reported the "rapaport" wholesale value in the PR news. If they are only selling to wholesale customers, they are no way getting a "rapaport" price in their sales. That is a price the future dealers work from. A large percent of the "rapaport" value may even go to the retail jeweler who sells it, not to mention the miners, the cutters, the business partners and middle men in russia etc. I would not assume anything too high for a middleman cut in this scenario on a startup business that couldnt last very long the last time it supposedly was in new york and ran away for 17 years.
Where is the rest of niks name? What source is this fantastic news found?
Thanks for answering. If you dont mind sharing more information, were the shares exactly the same 1 share of the other equals 1 share of the new one, at the same exact price?
Or some kind of other conversion?
How would I know if any of you own the old stock? I don't.
How would I know if they automatically got alot of shares, same shares, less shares, or lost xx amount? I wouldn't.
And how would I know if that will happen again (if it happened before)? No idea. I want to know how it went down.
As far as the price tracking to answer my question, I think the only one who can answer it is someone who held it back then. The charts don't tell me because I dont know if there was some kind of a conversion or reverse split or split or dilution or dividend or what. Maybe I could look it up, but I guarantee there was no big hoopla press release all about it. My best bet is reading post 1 or the last post on the old newsgroups which I have been doing, but I dont have the answer yet.
Is everyone here the ones who bought GBDX after the last merger, or did anyone origninally buy WWCD before the merger last year?
What happened to the WWCD share holders when the last merger happened.
What price was the stock when it was introduced to the market by the new Name GBDX? Where has the price gone since then?
By morals you mean "pump and pump" instead of "pump and dump"? I guess morals of "pump and pump" are equal to morals of "dump and dump" as long as you believe in it. And in my case "pump and dump" was moral because I believed what I was doing when I pumped and when I dumped as a person learning about the situation and observing the newsgroups, news releases, records of the company claims, and the stock prices. So as long as you believe what you are saying and don't plan to pass it on to a naaive newbie knowing its crap then you have morals. I didnt do that and I never plan on that.
Also if you debate the merit of news and different perspectives in a logical way I call that morals.
But I think that using emotion and play on rousing up peoples greed to get people on your side is not good "morals" and by that I mean spending alot of time talking about how rich you are going to be and how much everyone else is going to hate themselves. Thats alot of what goes on here, but I guess that is okay so you guys can be less scared of what could go wrong. Anyway its fun to fantasize, say hi to Tattoo. I came back in here (now as a basher) because I am still open minded about new EVIDENCE, I do have some emails out to Livak and others that could even bring me back to a believer if I get something reliable. I am not a basher to get in low, I am convinced that this is a decay wave, the highs are getting worse and worse, there is nothing to gain and I don't like betting on businesses being cheaters or losers so I dont short. I am helping the market reach its true level by helping the other newbies who dont know about stocks from getting stepped on next in this pyramid of losing numbers.
In my frank opinion.
Then you answer all the pyramid scheme emails you have been getting and go on welfare.
Financial Information
No Par Share Count: 975,000,000.00 Capital Amount: $ 0
-------------
info straight from the DD on this board, link says you have to paste it in your browser,
https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?lx8nvq=FrJd9H2n%252fS5LLhEnLmquYA%253d%253d
--------------------
Why does it say 0$ capital? I guess maybe they are a new company planning on selling as much stock as they need to spend how they see fit. Maybe?
----------------
Posted by: jrbscrazy
In reply to: Tacoz who wrote msg# 40683 Date:4/26/2007 8:44:05 AM
Post #of 40690
Tell me:
Where does it tell how much CAPITAL GBDX has at the NV, SOS website. I don't see it? Or perhaps you could just post what it sais here.
TIA
jRb
----------------------------
Be sure to check out their stated assets as well from their business license. This link was from the ihub board of information on gbdx. It turns out someone earlier was correct when they posted how much cash (capital) the company had.
https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?lx8nvq=FrJd9H2n%252fS5LLhEnLmquYA%253d%253d
like it said on the board, you have to paste the link in your browser
I was surprised how much CAPTIAL gbdx had. Who knew.
There is a slight problem with saying they sold all their shipments and then coming back and saying "we mean we sold part of the shipment and there really are alot more loose diamonds that were shipped also but we will sell them later"
-----------------
todays news:
The company has just completed the sale of its third shipment with a total value that is in excess of $3 million in wholesale revenue.
------------------------------------
Posted by: shouldasold
In reply to: Tacoz who wrote msg# 40602 Date:4/25/2007 7:22:53 PM
Post #of 40603
I had a couple of questions that needed answered since this last PR and it was in regards to shipments that were sold verses what was on the inventory list on the web site.
What I found out is that the inventory on the web site are extra loose items that were shipped in addition to what was already pre-sold in the orders that are for sale and listed as in inventory until marked as sold.
So the inventory you see on the web site is above and beyond what has ALREADY BEEN SOLD.
I thought that was a value added statement.
Enjoy.
Cowboy
This (below) is all a conjecture of the worst case scenario and while there is no way to prove it; it theoretically explains the poor share price after all the good news today- there is also not alot of ways to disprove it - yet - until this is all over. (would a fake company buy a lease or parade people in and out, send out news releases, make a webpage? I dont see why not).
-------------------------------------------------
There was a theory that if it is a scam that they are slowly releasing more and more of the billion authorized shares to the public and hiding behing the gag. This theory would explain why the stock cant pick up past the prior highs and keeps steady under high volume. Eventually after enough volume we may see all billion shares dumped on the public. Then theoretically the prices could start to go up again, only there is a problem there. What reason will the company have to keep up the charade after it sells all of its shares to the public? At that stage they can sell the company for peanuts to another shell wanter and start round 6 of the name game.
"the russians" how do we know which "russians" and if they are the "same russians" when we don't get any names given by the GBDX? I don't think it was the ceo chairman guy because I cant find his last name even in a white pages phone search much less business search in usa or russia. Its like saying a computer company is going to succeed because an american is running it , so we know that bill gates is an american and he makes alot of money on his ocmputer company. Without connecting the dots that DD is wishful.
Do you know of a specific Russian that is running GBDX who was there at that time? Or are we talking about "russian" diamonds were taking over new york, and the Russian Diamonds came back 17 years later? ARe the russians we mean here people or minerals?
largest banks in Russia, the Mezvynarodnij Aktsonirnij Bank, listed as part of the joint partner---- of gbdx. I cant find it on the internet (english or russian) other than gbdx news. These are the kind of things that kept happening when I looked stuff up and yea you guys have a little bit of reassurance in your arguments but how can such a major company manage to be so invisible (gbdx and its partners). http://fortuneir.com/GBDX/PR2006-11-21.htm
-----------------------
So the suitor supplied the inventory? Look at who is behind GBDX per their news release and tell me what suitor has more diamonds than the gbdx team?
------------
Global Diamond Exchange (PINKSHEETS: GBDX) is pleased to announce the details of a joint venture partner. The partner, who will increase Global's allotment of rough, cut and polished diamonds, is "Diamond Certificate" -- a Russian joint stock company.
Diamond Certificate consists of and is owned by several groups including -- 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, part of the 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, from Moscow, also part of the Russian Federation; and a private individual with over twenty-five years of diamond experience dating back to the 1980s.
Under the terms of the agreement, Global Diamond Exchange will provide the marketing, sales, and office locations. Diamond Certificate will provide 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.
--------------
But if gbdx suitors supplied the diamonds they forgot to explain it. Either way they need to put out a story. I mean I know there are a million ways to explain it but I am just saying I would theorize a "suitor" bigger than their partner. So they must not be announcing shipments- that is one explanation but a dumb idea when the very release that talks about selling the old batch mentions a "inventory" on web. 1 theory is that this inventory has not shipped yet and is still in russia or whereever they get the diamonds ceritified.
the only thing I would question on your list is:
" How are they paying for these diamonds and who owns the diamonds showing on their website?? possible explanation - GBDX has no cash and any diamond they sell is loaned to them. No assets = No value."
-------
In the old news releases they said their "joint venture" partner http://fortuneir.com/GBDX/PR2006-11-21.htm (who among other partners includes the russian government, diamond miners, major cutter operations, and largest russian banks) buys all the diamonds and gbdx just needs to sell them. They dont have to put up the money. That also means they probably get a smaller cut in the revenues though (why would the company who puts up all the money up front give away the profit to them- a sales front middle man).
----------
Global Diamond Exchange Announces Joint Venture Partner
NEW YORK, NY -- (MARKET WIRE) -- 11/21/06 -- Global Diamond Exchange (PINKSHEETS: GBDX) is pleased to announce the details of a joint venture partner. The partner, who will increase Global's allotment of rough, cut and polished diamonds, is "Diamond Certificate" -- a Russian joint stock company.
Diamond Certificate consists of and is owned by several groups including -- 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, part of the 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, from Moscow, also part of the Russian Federation; and a private individual with over twenty-five years of diamond experience dating back to the 1980s.
Under the terms of the agreement, Global Diamond Exchange will provide the marketing, sales, and office locations. Diamond Certificate will provide 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.
-------------------
This is all predicated on if you believe that the company is not a fraud. Thats the problem I have with all available verifiable information to me which does not include someone elses reliable sources or jpg of a room in a building with a door sign on it. or a webpage. or a newsrelease. All these are nonverifiable and common tools in scams so I have read.
I care because if I can still go back in if I have reason to trust the company more than all my diligent efforts to this time showed.
If you have that information why wouldnt you post it instead of alluding to it? The main theme at ihub has sounded to me like a call for a rally in the price- now if you want the price low I could understand why you would not give out proof. If you want the price to rise - help spread the word. I am following my bullshi* detector and if you can get it to stop sounding the alarm thats good for me and good for the stock price and good for GBDX if the offer falls apart.
I care because if I can still go back in if I have reason to trust the company more than all my diligent efforts to this time showed.
If you have that information why wouldnt you post it instead of alluding to it? The main theme at ihub has sounded to me like a call for a rally in the price- now if you want the price low I could understand why you would not give out proof. If you want the price to rise - help spread the word. I am following my bullshi* detector and if you can get it to stop sounding the alarm thats good for me and good for the stock price and good for GBDX if the offer falls apart.
Dont take one of my posts out of context. I asked questions pro and con from the beginning. Right now the pro argument is all based on if the company is not a hoax and to me the burden of proof is on the gbdx in my opinion.
It also has to do with the level of risk people want and the more I looked into and learned the more of a risk it appeared to me. To the victor comes the spoils and nothing ventured nothing lost or something like that. Its a nice longshot still but I missed my money and am glad to have it back with a few friends.