Global Diamond Exchange, Inc. (GBDX)

[Tacoz]

it fizzled probably because of dilution primarily and lack of openness secondarily. Lack of disclosure, gag orders, increases in shares without explanation, all are red flags, not something to celebrate as a good sign "lack of a pump."


The biggest sign of a merger is the way they let sib almaz take over the business before a deal was even struck.

MOving a "suitor" into a companies offices to take it over, before legally doing the "buyout" sounds ridiculous and certainly not fair to shareholders who are sure to get the raw end of the stick. Sounds like a merger or worse (insider monkey business) lots of questions about dual relationships if the company is still in negotiations but lets the suitor take over. Bizarre.

June 11, 2007 - 12:49 PM EST

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Sib Almaz Assumes Management of Global Diamonds' 46th Street Office
NEW YORK, June 11 /PRNewswire-FirstCall/ -- Sib Almaz, the potential merger/take-over candidate of Global Diamond Exchange, Inc. (OTC: GBDX) is in the process of renovating and restructuring the office that Global Diamond