Global Diamond Exchange, Inc. (GBDX)

[Tacoz]

Nothing including a PR will help you at this time IMHO-
1.) How have any of the PR helped ever since the company renegged and sold out their newly created shares to the suitor Sib without any consultation with a shareholder (no vote, no receipts, nothing) or explanation of the transaction afterwards! This is a clue of the problem.
2.) Then Sib saying they want to reduce shares but then increasing shares-- what does that tell you? They are making money by selling more shares.
3.) This really was not a buyout, they just changed the boards names.
4.) There is no evidence who GBDX or Sib really are (they could have been partners from the beginning. Why else would Sib get to take over the board and office well before they were considered to have controlling interest.
5.) Also GBDX website since day one has not been updated to explain the background of the Board (it perpetually says that information will be updated soon) which makes it hard to believe that the people involved have not been working together all along.
6.) A reverse split will artificially lower the number of shares. I do see a reasonable likelihood the company will do that after the number of shares they generate bring the price down to the next lower decimal place.

Good luck with your investments fellows.

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Posted by: zahnj
..........We all know the only thing that will give us sustained price appreciation is a solid PR from the company.