You may be very right. But, we know NOTHING about this company right now. Don't even know who's in charge of it. The only thing we know is that they claim to have sold a few diamonds. Ohh and there are Russians involved. I understand how the market works. Sell some shares for some assets or services. This is indeed a good idea(for a startup.) However, we have NO CLUE AT ALL what the hell this company is doing.
"How does GBDX per your question recover extra shares in the market,"
Simple, sell shares to purchase assets of an equal or greater value. Therefore the selling has absolutely NO affect on the market. But we don't know this is what is happening. Based on the numbers of shares the O/S has increased by, if it is being used to purchase the diamond lots, then our profit margin sucks! Do the math!
"How many other pinks that have pps increases of 200-400-1000% have reported financials; and have 10X O/S count as GBDX, with virtually no revenue. GBDX is a co. with small O/S count and likely near term revenue in millions."
I haven't seen any financials for GBDX. We don't know that the O/S can be considered small. If the company is worth only $1, then the current O/S is EXTREME(not realistic, just a point.)
"in terms of asset based $ received by JV partners"
Once again, WE HAVE NO CLUE.
I'm not trying to argue, I am a shareholder. But, until this company decides to tell us something, my position will remain the biggest GAMBLE(that still has any value..lol) in my portfolio.
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