posted
GAIN MORE THAN 50% I TAKE IT ANY TIME,, LOST 15% TO 30% I'LL BE OUT
NOW I DON'T PLAY THAT CHITTT ABOUT THE CEO's IS A GREAT GUY AND HE COULD BE THE PRESIDENT OF THE US...THAT CHITTTT DOESN'T WORK FOR ME ANYMORE I AM JUST PLAYING MY "CHARTS" AND A LITTLE DD FROM THE COMPANY .....
Posts: 4112 | Registered: Jun 2006
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posted
Global Diamond Exchange Considers Acquistion of Synthetic Diamond Manufacturing and Processing Facility Thursday March 1, 7:00 am ET
NEW YORK, March 1 /PRNewswire-FirstCall/ -- Global Diamond Exchange Inc. (OTC: GBDX - News) is pleased to announce that management has begun conducting due diligence, setting the stage for the possibility of acquiring a synthetic diamond manufacturing and processing facility in Moscow, Russia.
Global's management sees this as an opportunity to expand its operations by purchasing the land, equipment, and business of another company. This is the first stage of a proposed expansion, with the terms and conditions not yet finalized. This is something that will obviously have to occur in the event an acquisition is undertaken and if all parties agree to the terms it is viable that this transaction can be completed within 60 days.
The company will continue to keep everyone informed as developments occur.
posted
Global Diamond Exchange Inc. Management Considers Potential Takeover or Merger Wednesday March 7, 7:00 am ET
NEW YORK, March 7 /PRNewswire-FirstCall/ -- Global Diamond Exchange Inc. (OTC: GBDX - News) is pleased to announce that management has been approached by another company that is viewing Global Diamond as a merger or buyout prospect. ADVERTISEMENT
Management will analyze any offer made by this company to determine whether it is viable, and once an offer is made it will be analyzed along with any other competing offers that may materialize in order to maximize shareholder value. A third-party fairness opinion may then be sought. This is the first stage of negotiations, and a due diligence period must follow any agreement.
Alex Cherebkov, President of Global Diamond, stated: "The Company is excited that a potential suitor has surfaced. Our business model was structured to increase shareholder value through revenues and possible acquisitions. Though this is an unexpected avenue, we are however delighted at the prospect. We are evaluating all options."
In the event an agreement between the two companies is reached, an appropriate announcement will be made and the necessary forms will be filed with the Securities and Exchange Commission. At that time, we will state: 1) the final transaction structure, and 2) the disclosure needed to fulfill management responsibilities ensuring all shareholders' rights and other obligations are met.
There are no guarantees at this time that a transaction will occur, just that the company has been approached for a potential takeover or merger. Management will communicate and update the shareholders through press releases when appropriate. Currently, only preliminary negotiations are in progress.
About Global Diamond Exchange:
Global Diamond Exchange originally opened their office on 2 West 46th street in the heart of the New York's Diamond District. After several years of operation at their New York office the company decided to shut down the operation due to low pricing and soft demand in North America. The company concentrated its efforts on exporting cut diamonds from the Russian Federation and European locations. The new company has reopened its sales offices in the original building ready to take on the increased demand for fine quality diamonds.
NOTE: Safe Harbor for Forward-Looking Statements.
This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan," "confident that," "believe," "scheduled," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, the ability of the Company to complete the planned bridge financing, market conditions, the general acceptance of the Company's products and technologies, competitive factors, timing, and other risks described in the Company's SEC reports and filings.
-------------------------------------------------------------------------------- Source: Global Diamond Exchange Inc.
Posts: 6410 | Registered: Jul 2006
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posted
IF THAT'S NOT PUMPING YOUR OWN I DON'T KNOW WHAT IS. LMAO Not you surf - the company.
Maybe they can't stay out in the hallway anymore and someone will actually take them in. we'll see.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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posted
I really need to stop researching these pinks so much and just play the charts. sometimes it just draws me in to see how big a story can get. Take the gain and run.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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posted
Alex's name is on the filing. Now who has a crystal ball?
Good eye on finding the filing Atleast. Their first. I sure didn't expect it.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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**************************** Posted by: TGTL2005 In reply to: None Date:3/7/2007 1:30:01 PM Post #of 29126
IMPORTANT MESSAGE, MUST READ !!
Let me explain what's going on.
Remember this words ?
"The value of this sale was roughly $1.4 million value and was sold to the same group that purchased the first order. The group has asked not be identified at this time but will continue to purchase fine quality stones from Global Diamond Exchange."
This is the company who want to buyout GBDX.
Why ?
They badly need a stable rate of Diamonds for retail activity and they are thinking in taking control of GBDX to be shure that this will be perfectly regulate.
This company is doing business in Antwerpen (Belgium) and they are making profits in EUROS !!
Actually, the dollar currency is weak and it's a great time to buy US company for those who are making money in EUROS. (30% spread)
This company is ready to pay 20 to 30M$ (15 to 22.5M Euros) to have the right to control GBDX.
Don't let the MM steal your money, we have a 15 bagger here !!!!! ********* Posted by: berrybck In reply to: TGTL2005 who wrote msg# 29053 Date: 3/7/2007 1:45:33 PM Post #
care to point them out??>>>>>>>>>>>>>>>>>>> ;>>>>>>>>>>>>>>>>>
National Jeweler Network - Latest NewsAntwerp, Belgium—The Diamond Trading Co. (DTC) joined with sightholders ... Diamond Dealers Club (DDC) will bring together retailers and wholesalers for ... feeds.feedburner.com/NationalJewelerNetwork-LatestNews - 20k - Cached - Similar pages
World Diamond News: Antwerp pushes forward with tax legislationNew York Diamond Dealers Club Brings Retailers and Wholesalers Together ... in Belgium to revalue their existing inventory, Antwerp ’s High Diamond Council ... www.israelidiamond.co.il/English/news.aspx?boneid=918&objId=1749 - 50k - Cached - Similar pages
Lazare Kaplan International Inc: Information from Answers.comLazare sells to wholesalers, manufacturers, and jewelry retailers worldwide. ... when the company opened a rough diamond trading office in Antwerp, Belgium, ... www.answers.com/topic/lazare-kaplan-intern-l - 57k - Cached - Similar pages
Diamond lifeBy the time a diamond arrives in a New York shop, it already has passed through ... Fastag purchases the diamonds from other dealers in Antwerp, Belgium, ... www.diamondsnews.com/diamond_life.htm - 28k - Cached - Similar pages
Interesting Links about Gems from DendriticsWe are a diamond cutting factory for over 4000 major diamond wholesalers, jewelry designers and diamond retailers in the US. From the beginning stages of ... dendritics.com/scales/gem-links.asp - 65k - Cached - Similar pages
In a Belgian city, twilight for diamonds - Europe - International ...ANTWERP, Belgium Marty Bouquet's special skill is to cut and shave tiny ... At the diamond exchanges, the trading floors, with wholesalers and retailers who ... www.iht.com/articles/2006/01/01/news/Belgium.php - 35k - Cached - Similar pages
Jewelry at Jewelry.ComThe main diamond cutting and trading centers are based in Antwerp, Belgium; Mumbai, India; Tel Aviv, Israel; New York; and Johannesburg, South Africa. ... www.jewelry.com/education-diamond-journey.shtml - 17k - Cached - Similar pages ****************************
Posts: 1580 | From: World | Registered: Jul 2006
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Looks like company is very serious about (all filings are strictly by regulations)... Check who is potential suitor - Sib Almaz (translation - Siberian Diamond) is one of the biggest diamond minors in the world... Could be bigger that NDOL - all IMO...
Posts: 1580 | From: World | Registered: Jul 2006
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posted
yikes! I still cringe when I think of NDOL. nwog. and why they just don't put everything in a single filing is just manipulation. They could milk this out for months.
here's the edgar link in case you get locked out of the info link.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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