I am holding about 400k shares of GBDX. I live in New York City and decided a few days ago I would pay a visit to the new office at 2 West 46th Street. I was going there to ask if the order mentioned in the company's PR had arrived from Russia and perhaps find out if there was a connection between GBDX and Alrosa. When I left home today I had no idea the discussion about the new office was taking place on this thread. I planned to visit the office on Avenue of the Americas (Sixth Avenue) as well.
When I arrived at 2 West 46th Street, the doorman/receptionist
told me there was no tenant in the building going by the name
Global Diamond Exchange. I checked the register at the building's entrance and there was no mention of Global Diamond Exchange anywhere. The receptionist, who is there for security purposes, as one finds in every office building in NYC, told me that the building is being sold and that no new tenants are moving in at the present time. When I told him the company was supposed to have opened an office in room 704,
he let me enter to check it out.
In room 704, there was absolutely no trace of the Global Diamond Exchange Company. The names of two other companies
were on the door. I entered the outer door of the office and a lady who looked Chinese told me her lease was ending on December 5th. She said maybe the company I was looking for would be moving into that office space after December 5th.
There is a building management office at 2 West 46th Street
which I will contact on Monday to see if perhaps Global Diamond Exchange is moving into a different office in that building. Someone may have made a typographical error when information about the new office was released.
I also visited the office at 1230 Avenue of the Americas.
The reception/security staff helped me find the location of Global Diamond Exchange using a computerized register. It did not show a room number, only that the office was on the seventh floor. I went to the seventh floor where there was a
corridor leading to shared office space which is where Global Diamond apparently operates from. A female receptionist told me I could not enter that area and that the Global Diamond Exchange people were all out traveling. She said that is what she was told to say if anyone asked to see someone from the company. She did not know how many people worked for GBDX in that office, nor did she know the names of anyone who worked for GBDX. My feeling was that she was not being completely truthful, but then again, she had no idea who I was, so why should she give me any information at all about the company? She let me leave a message which she said she would pass along to the GBDX office.
My impression of both visits was that the information about an office at 2 West 46th Street was faulty, and that the office at 1230 Avenue of the Americas is real. The real office may be just a cubicle or small room in a shared area (very common in NYC), and the new office may be opening somewhere else, but it is absolutely not in room 704 at 2 West 46th Street.
