Global Diamond Exchange, Inc. (GBDX)

[Tacoz]

I just realized how greedy the gbdx officers are. They didn't want to announce the takeover to milk shareholders a long time (thinking they were getting a tender) back in summer 2007, but by Nevada laws their incorporation papers were due at the end of July. They knew all along about the sib almaz being in control of the company, and were too cheap to pay for a second filing of their officers lists. Therefore they went ahead and told the public that the officers had changed 2 months before the "takeover" is announced. The only explanations I can figure are 1.) they were too cheap to pay a second filing fee to ammend the officers list after the takeover was made public (but they still wanted to get the shareholders to think they are about to get a tender- which they did not ever plan to do to take over the company.). So July they announce their sib almaz officers and in Sept 2007 they announce the takeover. or 2.) The sib almaz officers were there even earlier than that - probably some type of reverse merger insider arrangement- perfectly legal in nonreporting companies but very shady and unethical- but the time to announce the officers came up and they had to admit they were there at that time.

Those cheap backstabbers.


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