Global Diamond Exchange, Inc. (GBDX)

[Tacoz]

why should the sec stop them from diluting? I mean they admitted it on their nevada sos declarations so your question does not make sense. Diluting is legal. But what I want to know is this-- we all know they diluted the shares (from about 400 thousand up to just under 3 billion- so 7 times as many shares- aka 700% dilution ), so why are people gullible enough to want to keep buying it - especially when the generating of shares is flying in the face of the p.r. saying they are considering reducing shares! The sec doesnt handle that but maybe a good psychiatrist can help.

Restriction of selling on certain companies is not a good sign to me. I would think its a legal matter or the small size of the company being unreliable in some way. Red flag to me - not any kind of a sign to rush into something.


http://www.sec.gov/investor/pubs/cyberfraud/signs.htm
http://www.sec.gov/investor/pubs/cyberfraud/investigate.htm
http://www.sos.state.ga.us/investor_education/con_artist.htm