Global Diamond Exchange, Inc. (GBDX)

[MSEED]

Minor increase in share count restricted and to be
used for additional purchase of inventory needed after:

1.)Increase of requested stones < 1ct. from clients which increased the size of required inventory needed.
2.)With entire 1st shipment basically all presold now, GBDX needs to acquire even more product to continue to cover the increased demand.

Float is still so small and real revenue nearterm is in millions.

Chart techs are so ripe for a large upturn. Over the last months after merger, continued increase in short term moving averages (higher highs, higher lows). PPS will be .10+ short term, count on it!

Word is out in NY diamond district that GBDX is providing top quality stones with preferred cost basis. Again, IMHO, this is why former mgmt. of WWCD merged with GBDX in the first place. The strong existing contracts GBDX has with top cutters and exporters in russia; combined with the new change in the russian law allowing larger % of rough cut diamond quota to be exported creates catalyst for huge revenue potential. And, such a small float!

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