Replies to post #15626 on Global Diamond Exchange, Inc. (GBDX)

[rverboatgambler]

I suspect a convertible got blown out here this week.

Time will tell.
I was tempted to avg down at 025 but withheld-I'm still suspicious after posters here last week claimed to have visited the offices, etc and were told by a guard/manager that people with russian accents had moved in/were moving in...They also claimed to have taken photos of lights on, late at night on the 7th floor (not posted here- even though its possible to post pics of cats with guns, diamond bracelets, etc)
Its just too weird.
Dunno,
Rvr

[MSEED]

Good Morning. Gee whiz. Thanks for info and taking the time/effort to visit both offices. With you owning 400K shares, suprised you have never posted on this board prior to yesterday. Checked your IHUB profile since May, and no posts on GBDX? However, welcome.

I am amazed you were granted carte blanche entry to office 704 at 2 West 46th Street from the doorman, receptionist. Security issues, and as you had stated, "the doorman/receptionist is there for security purposes". Most front entry personnel cannot allow just anyone in specific areas without an appt. Or to enter an office space unoccupied without a representative/agent-broker for the owner of the building accompanying them. Good job.

With this secondary office, as you have stated, maybe misinformation as to when/what office GBDX personnel is going to occupy. Also, being not the main office for GBDX, I don't remember seeing a PR stating if/when the secondary office would open. Possibly it is 12/5.

However, good to see that you confirmed the main office @ 1230 Avenue of the Americas, GBDX is registered and is occupying office space. This is the location worth noting. You are correct that a general receptionist would not know specifics about a company. Sounds like a shared front entry person which is quite standard. Shared front entry personnel normally do not know specifics about a company; and will direct inquiries to leave a message for the particular company. Especially a company like GBDX who just moved into this space. Good that you left a message.

Hands on due diligence for sure. I'm sure you will confirm monday as to the exact address of the secondary office location.

IMHO, your confirmation that GBDX is @ Avenue of the Americas is key. Thanks for this confirmation. The issue of the secondary office local is minor. Many companies who experience growth may decide to expand office space; but not at the same expensive rents asked for @ Avenue of the Americas location. GBDX needs this location for exposure in the diamond district.

As I have stated before, IMHO, the former mgmt. of WWCD focuses on shell plays/merging with companies to make large revenue with.
Would not have bothered to merge with GBDX to waste time playing the dilution game; or to fabricate an office opening, etc.

Mgmt. who took over WWCD w/ merger netted +$2M (cash). Merged with GBDX to succeed again.

Best Regards
Not a buy or sell recommendation. My opinion only.

[trueblueballz]

2ndary office is a fake?

I think that's pretty significant news (and not a good one definitely). The co has been touting the openning at that location for a while now, and it has been a major focal point of interest on this board throughout. Directly calls into question the credibility of the company's PR's. Guess we'll have to wait until Monday for any confirmation on this. Btw, thanks for taking the time to go down there (and more so on sharing with us). I'm of the opinion that first-hand information, esp when it's contradictory to rumor, is much more valuable to me than unsubstantiated (or unverifiable) chatter.

[cabel]

Lochan,

You stated that you visited the offices a few days ago. That would have given you time to sell your position in GBDX before this last post of yours,...have you sold? If not do you plan on selling or possibly buying more if we go lower on Monday?

Also can you please explain how the security guard/building receptionist allowed you to get up to the 7th floor given the tight security of the diamond district,... were you escourted up?

Much appreciated