Global Diamond Exchange, Inc. (GBDX)

[MSEED]

Net profit in diamond sales is typically 600%+

Have sold wholesale and retail diamonds from 1/2 ct. to over 18 cts for over 18 years. All types-Typical round brilliant, emerald cut, colored diamonds which are the rage now with celebrities in blue, green, canary yellow, etc. Last sale was a 12.8 carat canary yellow VVS1/G color stone for $58,944. Cost was $6,234. NET!!!!

The diamond market has a huge profit margin built in because it is a luxury item period. Not one diamond dealer wholesale or retail would make only $1000 on a $50000 cost. Incorrect analysis IMHO.

Again, again, again, former mgmt who merged with WWCD sold off this co. for a $2+M profit and is now using its next shell play in GBDX to exploit the new change in the russian law that increases the % of rough cut diamonds that are exported. GBDX has not only a 17year solid reputation in the NY diamond wholesale district, but more importantly, has in place strong contracts with russian cutters and exporters of rough cut and polished stones. With the new huge demand in quality diamonds (silver bear), GBDX was the right play to merge with and reap the large revenue potential now in place.

The latest PR stating the 2-3 day delay in opening the NY office because of INCREASED DEMAND from clients for additional stones under 1ct. only expands the revenue potential.

Understand the pps movement short term based on chart techs that showed the flippers (most with 10-80K minor share count)
working the indicators and back again. With the opening of the NY office and revenue estimates PR'd next week will confirm undervalued pps. 75M float with such large potential revenue Nearterm (not years away) is huge.

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