Global Diamond Exchange, Inc. (GBDX)

[texas tom]

The U.S. Securities and Exchange commission obtained a $9.95 million judgement against Jeffrey Turino. SEC litigation release #21094/June 22, 2009 states that Turino transferred millions of dollars in ill gotten gains to his family and friends. All those transfers can be set aside since the judgement is on account of fraud. Why do you say that nothing is coming to the GBDX shareholders once these transactions are voided? Turino may be holding a block of unregistered stock in GBDX. This is stated in the SEC release.