Global Diamond Exchange, Inc. (GBDX)

[MSEED]

Good Morning. Still much in @2.3M sh. If Revenue est. come in
as expected, look for +$1M per month minimum revenue potential nearterm.

WWCD merged with GBDX to take advantage of the new change in the Russian law of increased quota % of rough cut diamonds.
GBDX had already in place contracts with established strong Russian cutters and exporters; GBDX is the conduit to create a large revenue stream now that the new law is in place; and that's why WWCD merged with them in the first place.

Plus, GBDX has been in business for 17+ years and established in the New York diamond district. The just did not have the strength (ie $) to grow as large as they could w/ merger of WWCD. The $2.3M profit WWCD made on the sale of their last company is funding the expansion and growth potential now of GBDX.

The TA is even russian.
Some of the stronger posters have called it right. .10+pps

Chart and technicals are great. Big hitters coming in to ramp this up. And to me, a company with only 75million shares and such a strong revenue stream potential is huge.

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

Alrosa, and 3 other smaller but strong russian diamond companies are in play and IMHO, GBDX is looking to merge with one of them or at least