Global Diamond Exchange Inc. (OTC: GBDX) announced that while it is in continued negotiations and working out the mechanics for the potential buyout/merger, it is still conducting its normal course of business.
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The company has just completed the sale of its third shipment with a total value that is in excess of $3 million in wholesale revenue.
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With regards to the buyout/merger things are proceeding as planned. Attorneys are currently working out the final details, which will include record and pay dates.$$
Furthermore, a mechanism is being set up for tendering shares if and when this transaction is completed.
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