Lets clear up the buy out filing. Go back and read the buy-out filing. It is as close to worthless as you can get. Anyone could legally submit anything to the SEC stating "considering a possibility". If it had been anywhere near a possibility, there would have been at least a mention of the amount.
Other Major red flags
1. BOD - they PR'd that too months ago and have not announced them.
2. The fiasco about the scam artist lawyer who sold it before it was GBDX
3. Where is the 3rd shipment. It will be larger than the second due a month ago.
4. Acquisition of a synthietic diamond manufacturer, yeah right
5. Buy-Out, yeah right
6. Price drop after each PR, do you know why?
10. Dilution, this is the why for all the things listed above as well s the things we dont yet know.
They were printing off shares for each PR. We were all buying them up and thanking them for the shares too. Dang, were we ever stupid. I am not sure about the rest, but I did it three times. All you newbies out there, make your decision based on the facts and not what most of these guys are telling you. Do your own DD.
Anyone tht wants to call me a basher, go ahead and explain any of the above red flags and how it is good for the company in the same post. Newbies, if they dont explain any of the red flags, they are blatant pumpers trying to recoup some losses or get some cheap shares for the next shift of suckers that come along.
Yes, I bought into this and recently sold out. It doesn't matter if I made $$ or not but will say this. I will not put $1 (one dollar) in it right now. The risk is greater than the reward.
I hope somehow everyone down can get their investment back but without a buy out, the chances are slim. IMO, the chances of a buy out is about the same as disassembling a car, hurling it out of an airplane, and it gently landing back on earth reassembled and running. They dont have any assetts for a buy out. They have a license that could be worth a few bucks, but that is it. Go back and reread the buy out post and ask yourself, "Did it sound like it was for real our did they just hint that the thought ran through their mind as they were taking a dump."
Anyways, good luck all and check out Specs chart on the hot stock market thread. You will see TA at its best and will see what is in store for GBDX.
Market Data 
Markets 
AI
