Global Diamond Exchange, Inc. (GBDX)

[MSEED]

Key is confirmed reduction in O/S. 470M to 395M per T/A as of 1/23. As certs continue to come in, T/A will have reduced O/S count down 104M+- shares to 370M+-. Plus, looking for confirmation of JV and per mgmt. and continued reduction in share count per mgmt. to increase value. Which @ current and near term levels of +-370M O/S, pps valued @ .053+ (again, must emphasize this is w/o std multiple of 3-5X=.15pps)

Within last 3 months, GBDX has sold out first 2 shipments @ +-$3M in revenue, reduced share count and is finalizing strong JV. And pps trading @ 1/8th real value. Over last week, many strong bigger trades @ 500K shares or greater @ .007+.

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