Global Diamond Exchange, Inc. (GBDX)

[texas tom]

Dodge group posts state that a Russian group has naked short sold GBDX stock. One poster on IHUB states that "Sib Almaz" is a code name for a consortium of Russian entities. Could this be the Russian group that the Dodge group refers to that is naked short selling their own company stock. The Dodge group states they worked with "Sib Almaz" in naked short selling 1.94 billion shares. Proceeds of about $12 million would have been deposited offshore.

The latest GBDX PR states that the SEC is continuing their 15 month investigation. We may be at the point where the SEC could refer the matter to the CIA for international information gathering. Also, to Interpol for information gathering. A referral could be made to the FBI for domestic activities. These would be collateral investigations. The officers of GBDX have cited age and health as defenses to what might come down on them.

I am closely following the GBDX story.