Global Diamond Exchange, Inc. (GBDX)

[REVOLUTION2012]

GBDX realistic view

GBDX was able to produce 5M$ in gross sales in the last 6 month.

GBDX own one of the two licence to have the rights to sell rough and polish diamonds from russia.

GBDX have +17 years experience in this biz (In the NY zone)

Actually, I think that longs own 100M shares, GBDX BOD 200M, 100M are short and 155M are in the market (+ Flippers who own some of the 100M).

That's a total of 555M Shares.

The price of the licence is around 15 to 20M$.

Two times actual sales = 20M/year

GBDX should accept an offer around 35-45M$

35/555 = 0.063$/share

45/555 = 0.081$/share

Mid Price = 0.071$/share