Global Diamond Exchange, Inc. (GBDX)

[shouldasold]

Everybody is throwing out opinions and theories so here is mine.....We are all thinking in terms how much will the pps be but the buyers are looking at what the total purchase price is while the majority owners are saying how much will I net, much like when you sell your house....We already know that the owners of gbdx(insiders) wanted more than .10 ps so I will use a price of .15 just for discussion.....With 355 mil sh o/s tha would make the total b/o price of 53 mil.....So the gbdx insiders might net 28 mil(assuming insiders own 190 mil sh).......Now lets assume the buyers only want to pay 45 mil, but the insiders won't sell unless they get their 28 mil...They would have to issue enough shares to insiders so that their piece of the pie is stil 28 mil....Which would be 62% of the total price.....They would have to issue about 80 mil sh for this to work out to 62%.....That would make total o/s sh of 435 mil at a purchase price of 45 mil....which we would get around .10 ps......They believe everyody would be happy in such a scanario....They gagged t/a because they didn't want everyone to freak out when we saw o/s going up w/o any explanation....