Global Diamond Exchange, Inc. (GBDX)

[MSEED]

Reason why mgmt. of WWCD merged w/ GBDX.

Alrosa, and likely other Russian diamond export companies will be supplying inventory to GBDX. As I stated earlier,
mgmt. of WWCD merged with GBDX based on the new change in the Russian law which allows a larger % of rough cut diamonds/finsihed stones quota to be exported.

GBDX has already established contracts with prominent Russian cutters and exporters in place.

IMHO, a possible merger now between GBDX and a strong Russian exporter is in the works. Alrosa possibly, but with the new law, other strong but smaller Russian companies may be a better match with GBDX? Coincidence that a majority of personnel including the TA are Russian. I think not.

Regardless, mgmt. of WWCD merged with GBDX for a reason. IMHO, the contacts GBDX has with Russian companies, the new change in Russian law, and a 17 year profitable company in GBDX is why they chose GBDX to maximize revenue potential.

I expect a PR near term regarding the opening of the NY office and est. revenue. Adding at these levels.

Best Regards
Not a buy or sell recommendation. My opinion only.