(GBDX.PK) GLOBAL DIAMOND EXCHANGE, INC. => CHARTAUSBRUCH ! - 500 Beiträge pro Seite

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NEWS:

Second Order of Diamonds Arrives in New York, Currently Being Graded

Thursday January 11, 10:35 am ET

NEW YORK, NY--(MARKET WIRE)--Jan 11, 2007 -- Global Diamond Exchange (Other OTC:GBDX.PK - News) is pleased to announce that its second order of diamonds has arrived in New York and will be ready for sale once they are GIA graded. The breakdown of the second order is as follows: There are a total of 162.87 carats with a value of roughly $1.4 million. The individual stones range in size from of 1 to 3.6 carats. The company fully expects future orders to increase in frequency and size along with their wholesale value.


Also, due to the Russian Holidays, with the Russian Orthodox Christmas being this past Sunday, the company has faced some delays in moving ahead with its normal course of business. The company is looking forward to resuming a normal work schedule which will include short term goals of getting the third order of diamonds, hiring an audit firm and finalizing the Board of Directors. Global Diamond Exchange is excited by the prospects of this New Year and looks forward to a successful 2007.

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Unternehmensprofil: GBDX

http://www.globaldiamondex.com

President/CEO - ALEXEY CHEREBKOV
Secretary - ELENA SEIZEWA

Sales office:

Global Diamond Exchange Inc.
The Global Jewelers Building
2 West 46th Street, Suite 704
New York, NY 10036
[phone]

Administrative office:

Global Diamond Exchange
Rockefeller Plaza Center - 7th Floor
1230 Avenue of the Americas
New York, NY 10020
[phone] - phone
[phone] - fax

Investor Relations: FORTUNE IR
Contact person: Alex Livak
Phone number: 347-813-4664
email: [e-mail]
_________________________

Aktienstruktur:

Total Capital Stock Authorized 975,000,000
Total Authorized Common Shares: 900,000,000
Total Outstanding Common Shares: 361,554,517
Preferred Class A: 25,000,000
Preferred Class B: 50,000,000
Float: 125.5 million shares

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HEADLINES:


Global Diamond Exchange Announces Joint Venture Partner

Nov 21, 2006 09:15:29 (ET)

NEW YORK, NY, Nov 21, 2006 (MARKET WIRE via COMTEX) -- 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.
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Global Diamond Exchange Wholesale Office Opens for Business, First Allotment Is Sold Out
Wednesday November 15, 9:58 am ET

NEW YORK, NY--(MARKET WIRE)--Nov 15, 2006 -- Global Diamond Exchange (Other OTC:GBDX.PK - News) is pleased to announce that its wholesale office has been opened and the company is back conducting business in their old building. Global Diamond signed a five year lease on August 31, 2006 with an option to renew for an additional five years and was scheduled to move into suite 704 on November 1st, 2006.

However, due to a prior tenant who refused to vacate the premises, the company was forced to take space on a different floor in the building. The current tenant of that office, New Creations, has been legally forced to move out and will do so by December 15, 2006. After a full clean up, installation of a new safe and alarm system, Global will then occupy its office on the 7th floor. Building management has been kind enough to provide Global Diamonds space in the same building but on a different floor. Additionally, as of Friday, November 17, 2006, the company name will appear on the display board downstairs in the building lobby.

In the meantime, the company has been displaying its initial shipment of diamonds out of the temporary office and is proud to say that is has completely sold out its first allotment. The initial allotment was for 698 carats and was sold out within a week of its showing. A much larger second order has already been placed and will arrive in New York shortly.

Global CEO, Alexey Cherebkov, stated that he was "excited being back in a place that we were so successful our first time around and its nice to see a lot of the old faces that recognize and remember Global Diamonds. I look forward to re-establishing the Global Diamond brand in New York." Mr. Cherebkov and Global Diamonds also wish to clarify an ongoing misconception regarding the wholesale location. The location strictly sells as a 1st tier wholesaler to other wholesalers. It is not a retail location and is only accessible to established diamond dealers in the industry.
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Global Diamond's Second Order Estimated at $1.5 Million in Wholesale Revenue
November 29, 2006 - 9:25 AM EST

Global Diamond Exchange (PINKSHEETS: GBDX) is pleased to announce that it has requested that at least 70% of the second allotment be between one and three carat round cut diamonds. This is all predicated on the final cut and polish with a value of the second order being approximately 1.5 million dollars based on the New York wholesale prices. This is according to the Rappaport Sheets, the leading authority of wholesale diamond prices and demand. The company has also set a goal to have orders cut, processed and delivered for sale on a more frequent basis than the first two orders, in which demand was greater than initially anticipated.

Furthermore, just to clear up some confusion as to the timing of Global's second order. The company sold its first shipment of diamonds in November. Typically, retailers will use the diamonds for the upcoming holiday season. The second order will be used by retailers for the New Year season and forward into 2007. Being a wholesaler, Global Diamond's product is constantly in demand, though seasonal dates do affect business in the normal business cycle. However, Global does not rely exclusively on Christmas season or Wedding Season the same way retailers who sell directly to the consumers. So long as there is a general demand for fine diamonds, there will always be a need for Global's product.

December 5, 2006 - 9:48 AM EST
Global Diamond Exchange Inc. Announces Corporate Stock Restructuring
Global Diamond Exchange Inc. (PINKSHEETS: GBDX) has filed with the Secretary of State of Nevada a restructuring of the corporate stock. When Global Diamond Exchange merged with World Wide Cannery and Distribution, the Authorized Share count was 7 billion shares of Common Stock. It was never Global's intention to have that many shares authorized and management has filed papers lowering that amount to 975 million total shares. The State of Nevada has approved this measure, and it can be viewed on the State of Nevada government website.

The new share structure will break down accordingly: 900 million shares of Common Stock, 25 million shares of Preferred Class A Stock, and 50 million Preferred Class B Stock. Management intends to utilize preferred shares for acquisition and expansion rather than common stock.

Furthermore, company management will look to prevent dilution as a protection for its company and shareholders. Additional share reductions are being examined, and may occur in the near future as the company mulls over retiring some more outstanding common stock.

December 20, 2006 - 12:52 PM EST

Global Diamond Exchange Inc. Retires Common Stock, Further Reductions Considered

NEW YORK, NY -- December 20, 2006 -- Global Diamond Exchange Inc. (PINKSHEETS: GBDX) has instructed its transfer agent, First Global Stock Transfer, to retire 88,000,000 shares of the company's common stock. This action will take effect immediately and comes on the heels of the company reducing its Authorized Share count from 7 billion to 975,000,000 shares.

This reduction is part of a continued program to increase shareholder value. Furthermore, additional reduction of the company's common stock is being considered. The company is also going through a transition period right now as it gets ready to move from its temporary office that building management has been kind enough to provide, into its new office on the seventh floor of 2 West 46th Street as the previous tenant has honored its obligation and has left the premises. Management will continue to update its shareholders on the second diamond shipment and further reductions in common stock throughout the holiday season.

December 27, 2006 - 11:08 AM EST
Global Diamond Exchange Inc. Retires Additional Common Stock
Global Diamond Exchange Inc. (PINKSHEETS: GBDX) is pleased to announced that it has instructed its transfer agent, First Global Stock Transfer, to retire an additional 15,120,000 shares of the company's common stock. This will bring the total of Outstanding Shares to 361,554,517. Global Diamond Exchange expects further reductions in the coming weeks and will announce reductions as they occur.

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.