Global Diamond Exchange, Inc. (GBDX)

[texas tom]

I have carefully read the SEC proceedings re: Jeffrey Turino. On 12/16/08, the U.S. District Court judge signed an order to freeze all of Turino's assets. Assets of related parties to Turino were also frozen. I assume this means Turino's family, friends and associates who received ill gotten gains from Turino. Interpol and U.S. law enforcement agencies cooperate very well together. The judge's order says that Turino is hiding offshore. I have confidence that all his offshore accounts will be located and seized. SEC News Digest 2009-118, states that Turino improperly sold 1.8 billion shares of GBDX and other companies. How many of these bogus shares apply to GBDX? The SEC is seeking to recover monies from Turino and return them to BMCS shareholders. The same should also apply to GBDX shareholders once monies are collected. None of the SEC proceedings in Federal court probably took place with Turino present.