Global Diamond Exchange, Inc. (GBDX)

[texas tom]

GBDX has a valuable license to export rough diamonds from Russia to the U.S. Is anyone aware if there are any other companies that have this type of license. I am not. I don't believe the company will put the license in jeopardy. I am waiting to see if anyone has any evidence that Global Diamond has diluted the public float.

A floor trader will match buys and sells once GBDX trades on the gray sheets. Short selling is not allowed. I believe the company will need to publish financial statements in order to get a market maker to agree to trade the security.

We need to look into the massive "Z" transactions which occured just prior to the suspension. It looks like this may apply to the delivery of shares to cover shorts. That's one definition I found.