Global Diamond Exchange, Inc. (GBDX)

[texas tom]

The Dodge group came into existence in 1991. They are composed of very sophisticated investors. The Dodge group has been closely monitoring GBDX since 7/02/07. The Dodge group first commented about problems existing with GBDX as early as 7/20/07. There was a SEC subpoena re: GBDX on 7/20/07. It appears that the SEC has continued to monitor GBDX up to the present day. The Dodge group claimed on 1/02/08 that they never shorted this company. The players involved here make for a complicated study. I received my first contact from the group after I posted that the A/S of GBDX were incrementally increased as the naked short position increased. That triggered a reaction. There is no mention of Sib Almaz as having any involvement with the Dodge group until the 9/23/08 message post. The GBDX story will unfold as Federal authorities release information. We may see a P/R that discusses the status of the T/O. I do not think there will be a revocation of the stock.