Global Diamond Exchange, Inc. (GBDX)

[capten]

From the SEC's motion to hold Jeffrey Turino in contempt (sealed since December 4) in the the U.S. District Court Middle District of Florida in the case of SEC v. Pinnacle Business et al case number 8.02-cv-822

There is an order granting a motion to Unseal Document and to file a redacted copy of 12/4/08 order nunc pro tunc signed by Judge Elizabeth A Kovachevich filed on 12/8/2008 ...

which is an Order to Show Cause and Other Emergency Relief
Which directs Jeffrey G. Turino to show why he should not be held in contempt for violating the Court's Final Judgement as to Jeffrey Turino 12/5/2003 by participating in penny stock offerings of Bio Tech Medics, Inc., Equitable Mining Corp., Global Diamond Exchange, Inc., Grand Entertainment and Music, Inc and Omda Oil and Gas, Inc. (Barnett's company) ...

it is ordered that Turino must show cause in writing within 10 days and in person at a hearing to be scheduled by the Judge why:
1., He should not be found in contempt of the Final Judgement, etc.
2., He should not be required to pay disgorgement in the amount exceeding 8 million representing unlawful proceeds from the sale of shares of penny stock issued by the Penny Stock Issurers and
3., The five year penny stock ban in the Final Judgement should not be made permanent. ...

Assets frozen: Turino's assets and the assets of Melissa Spooner, Robert Leslie, Mountain Passages, Inc., Austin Funding, LLC and CRL Holdings, Inc. + (redacted) accounts at Wells Fargo and (redacted) brokerage accounts.

http://www.justice.gov/usao/nv/downloads/cmkm/cmkm_second%20_superseding_indictment.pdf


Capten