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Wednesday, 01/24/2007 10:22:02 AM

Wednesday, January 24, 2007 10:22:02 AM

Post# of 46420
GBDX snews

Global Diamond Exchange: Second Shipment Sold Out, Third Order Placed
Wednesday January 24, 10:08 am ET


NEW YORK, NY--(MARKET WIRE)--Jan 24, 2007 -- Global Diamond Exchange (Other OTC:GBDX.PK - News) is pleased to announce that it has completely sold out the second shipment of diamonds that it received earlier this month. The value of this sale was roughly $1.4 million value and was sold to the same group that purchased the first order. The group has asked not be identified at this time but will continue to purchase fine quality stones from Global Diamond Exchange. Furthermore, the company would like to announce that a third order has been placed and is expected to arrive in New York for grading and sale at the end of February, or early March. The company is working hard at not only increasing the size of the orders but also the frequency of them as well.
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