Löschung

 

NEW YORK, March 7 /PRNewswire-FirstCall/ -- Global Diamond Exchange Inc. (OTC: GBDX) is pleased to announce that management has been approached by another company that is viewing Global Diamond as a merger or buyout prospect.

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.

Global Diamond Exchange Inc. Names Potential Suitor
NEW YORK, March 8 /PRNewswire-FirstCall/ -- Global Diamond Exchange Inc. (OTC: GBDX) filed a Schedule TO with the Securities and Exchange Commission on March 7, 2007, to inform of a potential tender offer. The Suitor, Sib Almaz of Amyrskaya Oblast, selo Skovorodeno Blagoveshensky c/t Andreyskoe, Russian Federation, is currently in negotiations with Global Diamond seeking to accomplish a friendly transaction.

Management will analyze any formal offer made by this company to determine whether it is viable 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 the parties are engaged in a period of due diligence. Before management of Global will accept any offer, it must assure itself that the suitor has the financial capability to consummate the deal.

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 SEC. The company has already informed the SEC of a potential transaction by filing the Schedule TO. In the event of a formal agreement and commencement of the offer, the company will file another, more substantive Schedule TO and state: 1) the final transaction structure including pricing and means to tender one's shares, and 2) the disclosure needed to fulfill management responsibilities under the securities laws, ensuring that all shareholders rights and other obligations are met.

GBDX SEC FILING 03/07/07
http://www.secinfo.com/$/SEC/Filing.asp?D=14D5a.u1F1b&CIK=1380222

http://www.secinfo.com/$/SEC/Registrant.asp?CIK=1380222

GBDX SEC FILING 03/08/07:http://www.secinfo.com/d14D5a.u1gBe.htm#1stPage

Global Diamond's Next Order Estimated at $2.1 Million In Wholesale Value
http://biz.yahoo.com/prnews/070402/clm164.html?.v=9

Global Diamond Exchange: Message From The Chairman
http://biz.yahoo.com/prnews/070404/nyw034.html?.v=87

Global Diamond Exchange Completes Sale of Third Shipment; Talks Progressing With Suitor for Buyout/Merger
http://biz.yahoo.com/prnews/070425/nyw062.html?.v=92

Sib Almaz Assumes Management of Global Diamonds' 46th Street Office

NEW YORK, June 11, 2007 /PRNewswire-FirstCall via COMTEX/ -- Sib Almaz, the potential merger/take-over candidate of Global Diamond Exchange, Inc. (OTC: GBDX) is in the process of renovating and restructuring the office that Global Diamond Exchange currently occupies at 2 West 46th street, taking advantage of the historically slow summer months in the industry in order to be ready for the up-coming season. The process has already started with new furniture, fixtures, and equipment having been ordered.
Global Diamond Exchange will use alternate secure storage facilities for inventory during the remodeling period. Sib Almaz has also requested their personnel be added to Global's Management team for oversight and assistance in making sure that this and any future transactions proceed smoothly. Global is in the process of formalizing these additions.

Sib Almaz has also announced the opening of a regional office in Moscow at 46 Leninsky Prospect which will be operational after the Russian Federal Holidays on Wednesday, June 13, 2007. The buyout/merger details are still being negotiated, and there are still no guarantees a transaction will be finalized. Attorneys are currently working out the details; once more information is given to us from the attorneys it will be made public.

SOURCE Global Diamond Exchange  

CONTACT: Alex Livak, +1-347-813-4664, info@fortuneir.com, for Global Diamond Exchange; or
Andre Rumiansev of Sib Almaz, +7903 549 5906 (Beginning Wednesday, June 13, 2007)

URL: http://www.prnewswire.com
http://www.prnewswire.com

Copyright (C) 2007 PR Newswire. All rights reserved

Global Diamond Exchange Announces Corporate Changes

NEW YORK, July 11, 2007 /PRNewswire-FirstCall via COMTEX/ -- Global Diamond Exchange Inc. (OTC: GBDX) is announcing that CEO Alexey Cherbekov has resigned and that he has been replaced as of today by Mr. Slava Beurikov. Furthermore, Global would like to announce a second addition of Ms. Elena Voushva as Corporate Secretary.
Both Mr. Beurikov and Ms. Voushva come to Global after spending considerable time in the diamond industry. Mr. Beuikov has over 23 years experience in the diamond industry. He has held various positions from buying, sales, and corporate management. Ms. Vousheva has over 20 years of experience in the diamond industry at the corporate and administration levels. Their appointments can be viewed on the official State of Nevada Secretary of State's website.

Mr. Beurikov and Ms. Vousheva we chosen from a list of candidates presented by Sib Almaz for new management. Sib Almaz has been identified as the potential merger/takeover candidate and Global agreed upon new management as part of the ongoing due diligence process.


ANALYSIS-De Beers may spurn low-margin Russia supply
Diamond giant De Beers is likely to snub an opportunity to market more gems from Russia, a key producer, as it distances itself from its former role as cartel operator to focus on high-margin business.
http://www.msnbc.msn.com/id/19866927/from/ET/

Global Diamond Exchange Inc. Offers Updates on Merger/Acquisition and Future Business Strategy
Wednesday August 15, 7:30 am ET


NEW YORK, Aug. 15 /PRNewswire-FirstCall/ -- Global Diamond Exchange Inc. (OTC Pink Sheets: GBDX - News) Global Diamond updates shareholders on merger/Acquisition with Sib Almaz. The transaction has proceeded slower than expected, but completion is anticipated by mid September. Slava Beurikov states: "The transaction was more complicated than originally anticipated. We have international agreements and formal contracts that had to be finalized. New management is in place and the company is looking forward to a timely completion of the transaction. Details will be made public through press releases as they occur and the transaction is finalized."

Regarding Current Business and the Office: Numerous inquiries have been received regarding the company's current business operations, including several investors trying to visit the office on 46th street. As previously stated in a press release; The Company is currently in the process of remodeling this office for the fall season. Again, the company would like to remind investors that this facility is a wholesale office. Global specializes in selling groups of stones or "lots" and not individual pieces. Also, the majority of the European/Russian cutting facilities are closed for August before they gear up for the busy fall season.

Regarding Fall Season: Sixty five to seventy percent of the year's business can be realized in the Fall season, and Global plans to increase the staff to accommodate this added activity. Global has significant ability to buy diamonds with their venture partners, and has been successful in turning these shipments at a profit in an efficient manor. New management is also currently implementing a different business strategy; which includes a more aggressive approach in offering inventory as individual pieces and lots. This business model will allow qualified buyers to view individual pieces and allow the company to generate more profit on these pieces. New management plans to keep substantial inventory (as allowed by insurance limits) on hand at all times for lot sales, as well as, pieces for individual purchases.

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 Russia 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.

----------------------------------------------

Global Diamond Exchange Inc. Changes Ownership
Monday September 17, 7:30 am ET


NEW YORK, NY--(MARKET WIRE)--Sep 17, 2007 -- Management for Sib Almaz is pleased to announce that it has completed the purchase of the controlling interest in Global Diamond Exchange Inc. (Other OTC:GBDX.PK - News). Sib Almaz is now in full control of the company with new management already in place.

New Chief Executive Officer, Mr. Slava Beurikov states that, "Purchasing the controlling interest of Global Diamonds Exchange and installing new management was the first part of the transaction. We are now proceeding with the second step -- to reduce the number of shares, through various means including but not limited to a repurchase of shares. The company's ultimate goal is to eventually exit from the domestic markets. Details will be made public through press releases as they occur and the transaction progresses."

The upcoming fall season -- New staff has been hired and fall orders have already been placed. The company views the New York office as an exciting opportunity to expand its business into New York City and utilize the space that is available. Additionally, Sib Almaz is considering the opportunity to enter the retail side of the business and is looking into acquiring retail space in New York City's Diamond District.

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 Russia 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.



Contact:
Contact:
Slava Beurikov
646 756 2866
Email: Email Contact

Nevada Secretary of State link to GBDX:
https://esos.state.nv.us/SOSServices/...n%252fS5LLhEnLmquYA%253d%253d



--------------------------------------------------
Friendly Guessing Game on Final GBDX Offer Price:

.54 gubbly33
.43 mickey22
.40 Lindy
.30 starfire
.25 pmg149
.20 nomonet
.19 pontiyak
.18 righty
.175 chucka
.15 mwright45
.14 IDOITBST,waggett
.137 euraquillo
.125 OG_Money, 450rydr
.122 knocker123 (.70 EOY if no TO)
.12 Anthony1971,Skyhawk66,negger0
.115 drmlndmn
.105 Morning_money
.1025 DC13
.10 RonnieD
.0925 blockman
.09 pennyvestor, cashacumming
.085 dustybutler
.08 C_Patrick
.075 Happycoins
.07 easy street,giantbull,zahjnj
.06 Adventures_In_Money
.05 drugtester, cowboy10994
.045 Dash4Cash,guardianangel
.04 Ogclip
.035 TGTL_2005
.03 TAKI
.025 DerFuhrer, waco
.0003 m_stone_14

The following member(s) believe there will be a merger and not a buyout; that the stock will remain public:

ADog2001
klonnie24
Orangeman3 (.009 if buyout)
leebret
Hunter6110
Tacoz

The Above were compiled by with lots of DD and wild guesses:
TWO (2) SURVEYS were taken months ago on This GBDX Board that only us MODS can see, so; with so mant new folks here I want to add this info - sorry I dont have the Carots Counts Finals as Guesses saved on this Laptop: as a bookmark
Will the final offer by Sib on remaining GBDX shares be .05 or higher ?
How large will the second order of diamonds be?

The first order of Diamonds that Global brought in was 698 carots and was sold in one week.
This survey question is to see who comes closest to guessing -1) What the second order size
3) Will be and how long it will take to sell it.


How Many Carots will the second order contain?
500 to 1k,1k to 1.5k,1.5k to 2k,more than 2k

How long do you think it will take to sell them?

1 week,2 weeks,3 weeks,more than 3 weeks

The NRs for the last 12 months are listed in Official Order, thanks to http://www.stockwatch.com I hope the message is displayed in the ibox. It (helps -somewhat) verifies for me why I am long.

AlL, in last 12 months these are the GBDX OFFICIAL NRs(24 is it ususally a mponth apart ) abd to anyone doubting read each one from FEB a half year
""
24 Records Returned - Page 1


News Bulletins
Date ET Sym Company Type Headline
2007-09-17 07:30 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Global Diamond Exchange Inc. Changes Ownership

2007-08-15 07:30 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Global Diamond Exchange Inc. Offers Updates on Merger/Acquisition and Future Business Strategy

2007-07-11 12:16 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Global Diamond Exchange Announces Corporate Changes

2007-06-11 13:48 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Sib Almaz Assumes Management of Global Diamonds' 46th Street Office

2007-04-25 07:00 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Global Diamond Exchange Completes Sale of Third Shipment; Talks Progressing With Suitor for Buyout/Merger

2007-04-04 07:00 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Global Diamond Exchange: Message From The Chairman

2007-04-02 09:27 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Global Diamond's Next Order Estimated at $2.1 Million In Wholesale Value

2007-03-08 12:17 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Global Diamond Exchange Inc. Names Potential Suitor

2007-03-07 07:00 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Global Diamond Exchange Inc. Management Considers Potential Takeover or Merger

2007-03-01 07:00 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Global Diamond Exchange Considers Acquistion of Synthetic Diamond Manufacturing and Processing Facility

2007-02-21 10:34 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Global Diamond Exchange Inc. Export Ceiling Raised

2007-01-31 09:53 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Global Diamond Exchange Inc. Retires Additional Common Stock, Addresses Market Cap Issues

2007-01-24 10:08 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Global Diamond Exchange: Second Shipment Sold Out, Third Order Placed

2007-01-11 10:35 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Second Order of Diamonds Arrives in New York, Currently Being Graded

2006-12-27 11:08 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Global Diamond Exchange Inc. Retires Additional Common Stock

2006-12-20 16:30 GBDX GLOBAL DIAMOND EXCHANGE INC News Release / CORRECTION - Global Diamond Exchange Inc. Retires Common Stock, Further Reductions Considered

2006-12-20 12:52 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Global Diamond Exchange Inc. Retires Common Stock, Further Reductions Considered

2006-12-05 09:48 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Global Diamond Exchange Inc. Announces Corporate Stock Restructuring

2006-11-29 09:25 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Global Diamond's Second Order Estimated at $1.5 Million in Wholesale Revenue

2006-11-28 09:00 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Global Diamond Exchange Confirms Purchase of Second Order

2006-11-21 09:15 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Global Diamond Exchange Announces Joint Venture Partner

2006-11-15 09:58 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Global Diamond Exchange Wholesale Office Opens for Business, First Allotment Is Sold Out

2006-11-08 12:19 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Global Diamond Grading Stones, Set to Open Office

2006-11-01 11:03 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Global Diamond Exchange Wholesale Office Opens Next Week in Time for Arrival of First Diamond Shipment



Top



""


" rel="nofollow" class="showvisited">http://investorshub.advfn.com/boards/read_msg.asp?message_id=23982193>

 

http://investorshub.advfn.com/boards/board.asp?board_id=6411
http://aktien.wallstreet-online.de/175544.html

http://www.brokerat.de/forum/HTML/community_top.html

GBDX macht uns reich $$  

Nächste Woche Run 500 - 1000 %  

The next first step to the 0.02 US$ - 0.03 US  

$$$$$$$$$$$$$$$$  

wow 3mil at .0033 This is a short cover and SIB Buyback



--------------------------------------------------
Lets go UP!!!!  

GBDX - Strong Buy - Jetzt  

schau Dir mal an was der Experte bei ihub schreibt  

und wenn er von 0.005 spricht dann ist da was dran

schlieslich kennt den wert keiner so gut wie er  

Posted by: Frankiy
In reply to: Frankiy who wrote msg# 1988 Date:5/9/2008 12:54:54 PM
Post #of 2102

GBDX HOD $0.0033 second sell order placed at $0.0050

01/16/2008 GBDX $0.0012 --> Top Price $0.0033 +175% (first sell at $.0027, 1/17/2008 rebuy at $.0020 , second sell order placed at $.0050)


 

die 200'er Linie ist seit Gestern klar durchstoßen und sie hat sich auch darüber gehalten. Dies ist der Sprungbrett in die neuen höhen.

next week .005  weeeeeeeeeeeeeee
 

http://www.diamondnews.com

[b]All News Releases:
http://www.globaldiamondex.com/news.php
 

In GBDX sehe Ich persöhnlich sehr hohe profitable Chancen, was die Wertentwicklung anbetrifft.Man sollte Hierbei die PR's einmal rchtig lesen und bzw. viele diese Perle ist eigentlich noch nicht entdeckt worden, vorallemdingen die AMIS unsere Freunde schlafen noch.

Ich sage, In dieser Perle steckt Potenzial Potenzial Potenzial $$$$

Deshalb jetzt noch kräftig einkaufen bei diesen Kursen.
Ich werde nächste Woche in mehreren Stufen immer nackaufen, bevor der Hype bzw. der Run in das unermäßliche kommt.

GBDX ist eine Diamant Perle - GBDX Strong Buy und halten.

Der Run wird kommen, ganz gewiß.    

GBDX 0.005 US$ fürs erste im Minimun, dann Richtung Target 0.02 -0.03 US$ in First Step.  

In second Step Target: 0.03 US$ - 0.10 US$ fürst Erste.    

GBDX WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE Here we Go

Have a nice Weekend All

GBDX wird uns alle Reich machen $$$$
 

PS.Der hier durch das NSS der MM´s und der News von GBDX den Mega "short squeeze" erwartet

Für die jenigen, Hier die Begriffserklärung Short Queeze:

Short Squeeze

Short Squeeze - der Begriff bedeutet Verkäufer-Engpaß. Man versteht darunter einen starken, sich selbst verstärkenden Anstieg eines Futures oder einer Aktie. Dahinter stehen immer Anleger, die bisher durch Leerverkäufe auf fallende Kurse spekulierten und diese Position jetzt um jeden Preis auflösen müssen.


 

 

 

Friendly Guessing Game on Final GBDX Offer Price:

.54 gubbly33
.43 mickey22
.40 Lindy
.30 starfire
.25 pmg149
.20 nomonet
.19 pontiyak
.18 righty
.175 chucka
.15 mwright45
.14 IDOITBST,waggett
.137 euraquillo
.125 OG_Money, 450rydr
.122 knocker123 (.70 EOY if no TO)
.12 Anthony1971,Skyhawk66,negger0
.115 drmlndmn
.105 Morning_money
.1025 DC13
.10 RonnieD
.0925 blockman
.09 pennyvestor, cashacumming
.085 dustybutler
.08 C_Patrick
.075 Happycoins
.07 easy street,giantbull,zahjnj
.06 Adventures_In_Money
.05 drugtester, cowboy10994
.045 Dash4Cash,guardianangel
.04 Ogclip
.035 TGTL_2005
.03 TAKI
.025 DerFuhrer, waco
.0003 m_stone_14

The following member(s) believe there will be a merger and not a buyout; that the stock will remain public:

ADog2001
klonnie24
Orangeman3 (.009 if buyout)
leebret
Hunter6110
Tacoz

The Above were compiled by with lots of DD and wild guesses:
TWO (2) SURVEYS were taken months ago on This GBDX Board that only us MODS can see, so; with so mant new folks here I want to add this info - sorry I dont have the Carots Counts Finals as Guesses saved on this Laptop: as a bookmark
Will the final offer by Sib on remaining GBDX shares be .05 or higher ?
How large will the second order of diamonds be?

The first order of Diamonds that Global brought in was 698 carots and was sold in one week.
This survey question is to see who comes closest to guessing -1) What the second order size
3) Will be and how long it will take to sell it.


How Many Carots will the second order contain?
500 to 1k,1k to 1.5k,1.5k to 2k,more than 2k

How long do you think it will take to sell them?

1 week,2 weeks,3 weeks,more than 3 weeks

The NRs for the last 12 months are listed in Official Order, thanks to www.stockwatch.com I hope the message is displayed in the ibox. It (helps -somewhat) verifies for me why I am long.

AlL, in last 12 months these are the GBDX OFFICIAL NRs(24 is it ususally a mponth apart ) abd to anyone doubting read each one from FEB a half year
""
24 Records Returned - Page 1


News Bulletins
Date ET Sym Company Type Headline
2007-09-17 07:30 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Global Diamond Exchange Inc. Changes Ownership

2007-08-15 07:30 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Global Diamond Exchange Inc. Offers Updates on Merger/Acquisition and Future Business Strategy

2007-07-11 12:16 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Global Diamond Exchange Announces Corporate Changes

2007-06-11 13:48 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Sib Almaz Assumes Management of Global Diamonds' 46th Street Office

2007-04-25 07:00 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Global Diamond Exchange Completes Sale of Third Shipment; Talks Progressing With Suitor for Buyout/Merger

2007-04-04 07:00 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Global Diamond Exchange: Message From The Chairman

2007-04-02 09:27 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Global Diamond's Next Order Estimated at $2.1 Million In Wholesale Value

2007-03-08 12:17 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Global Diamond Exchange Inc. Names Potential Suitor

2007-03-07 07:00 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Global Diamond Exchange Inc. Management Considers Potential Takeover or Merger

2007-03-01 07:00 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Global Diamond Exchange Considers Acquistion of Synthetic Diamond Manufacturing and Processing Facility

2007-02-21 10:34 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Global Diamond Exchange Inc. Export Ceiling Raised

2007-01-31 09:53 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Global Diamond Exchange Inc. Retires Additional Common Stock, Addresses Market Cap Issues

2007-01-24 10:08 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Global Diamond Exchange: Second Shipment Sold Out, Third Order Placed

2007-01-11 10:35 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Second Order of Diamonds Arrives in New York, Currently Being Graded

2006-12-27 11:08 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Global Diamond Exchange Inc. Retires Additional Common Stock

2006-12-20 16:30 GBDX GLOBAL DIAMOND EXCHANGE INC News Release / CORRECTION - Global Diamond Exchange Inc. Retires Common Stock, Further Reductions Considered

2006-12-20 12:52 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Global Diamond Exchange Inc. Retires Common Stock, Further Reductions Considered

2006-12-05 09:48 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Global Diamond Exchange Inc. Announces Corporate Stock Restructuring

2006-11-29 09:25 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Global Diamond's Second Order Estimated at $1.5 Million in Wholesale Revenue

2006-11-28 09:00 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Global Diamond Exchange Confirms Purchase of Second Order

2006-11-21 09:15 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Global Diamond Exchange Announces Joint Venture Partner

2006-11-15 09:58 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Global Diamond Exchange Wholesale Office Opens for Business, First Allotment Is Sold Out

2006-11-08 12:19 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Global Diamond Grading Stones, Set to Open Office

2006-11-01 11:03 GBDX GLOBAL DIAMOND EXCHANGE INC News Release Global Diamond Exchange Wholesale Office Opens Next Week in Time for Arrival of First Diamond Shipment



Top
 

Posted by: nascar  
In reply to: None Date:5/12/2008 3:02:29 PM
Post #of 74399

/ Global Diamond Exchange Announces Joint Venture Partner
NEW YORK, NY -- (MARKET WIRE) -- November 21, 2006 -- Global Diamond Exchange (PINKSHEETS: GBDX) is pleased to announce the details of a joint venture partner. The partner, who will increase Global's allotment of rough, cut and polished diamonds, is "Diamond Certificate" -- a Russian joint stock company.

Diamond Certificate consists of and is owned by several groups including -- Smolensk Brilliants Association -- A union of 8 diamond cutting facilities in Smolensk; The Smolensk Government Facility "Crystal" -- The largest Diamond cutting facility in the Russian Federation employing over 4000 diamond cutters; The Sheremetyevo Insurance company, part of the Russian Federation; Olympus -- which is a variety of private and corporate entities that control the world's largest diamond mine; one of the largest banks in Russia, the Mezvynarodnij Aktsonirnij Bank, from Moscow, also part of the Russian Federation; and a private individual with over twenty-five years of diamond experience dating back to the 1980s.

Under the terms of the agreement, Global Diamond Exchange will provide the marketing, sales, and office locations. Diamond Certificate will provide acquisition of rough diamonds, supervision of the cutting and polishing, the exporting of the finished or rough product and/or the purchase of finished goods, along with the custom exports.

About Global Diamond Exchange:

Global Diamond Exchange originally opened their office on 2 West 46th street in the heart of '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 Russia 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.


Contact:
Alex Livak
347-813-4664
Email: Email Contact
www.fortuneir.com

SOURCE: Global Diamond Exchange