Replies to post #78486 on Global Diamond Exchange, Inc. (GBDX)

[texas tom]

The "Sib Almaz" group would have purchased the GBDX shell for about $500,000. A question for the SEC is what was the intent of "Sib Almaz" at the time of purchase. It looks like there was a plan to naked short sell the stock until such time as the company goes into default. "Sib Almaz" was potentially able to realize a significant profit on his original investment. I don't know the breakdown as to how much goes to "Sib Almaz" and how much to the Dodge group if there is a revocation.