Global Diamond Exchange, Inc. (GBDX)

[texas tom]

OOAG has had a spectacular run. GBDX and OOAG were victimized by the same group. Recent actions suggest that FINRA is going after Brokerage firms that distributed unregistered stock without a restrictive legend to investors. An anti money laundering program was never in place for many of the firms that handled this type of stock.

GBDX was never indicted. Only the promoters who made illegal gains on the sale of unregistered stock or issued false Press Releases. Conviction on RICO violations carry a 25 years to life sentence.

I remain very optimistic. Whoever is going to buy GBDX in South Africa is looking for a clean shell. All the bad is out in the open.