ABZS: Abazias Diamonds stock profile

ABAZIAS DIAMONDS: ABZS

ABAZIAS DIAMONDS (ABZS), is an on-line diamond retailer that specializes in loose diamonds, diamond settings and fine jewelry. The company showcases over 70,000 diamonds valued at 350 million dollars on its website, www.abazias.com. Almost all of the diamonds owned by Abazias diamonds are certified GIA, AGS, or EGL. Abazias.com offers the "Couples Diamond®," which is required to meet even higher standards for cut, clarity and dimensions.

Abazias diamonds is currently working with Paris Hilton to sell her exclusive "Paris Hilton" watches wich can be purchased for up to $250 thousand dollars.

Besides amazing products, Abazias diamonds has great fundamentals. On March 14,2006 ABZS reported record breaking revenue, With first quarter sales expecting to exceed $1million. An increase of 141% from the first quarter last year.

On March 14th ABZS announced that first quarter sales are expected to exceed $1 million, if these epectations are realized, Abazias diamonds will have increased sales 141% over last years first quarter sales of $413,000. The CEO of Abazias, Oscar Rodriguez stated "these figures are quite remarkable, since the first quarter is historically not very strong due to the seasonality of diamond purchases." The numbers to confirm this siginificant growth are expected to be released in the next 10-k on or about April 2, 2006.

Market Data

Market Capitalization (mln) $7.00 mln

Enterprise Value (mln) $6.20 mln

Fully Diluted Shares (mln) 78 mln

Float (mln) 4 mln

Ave. Volume (90 day, approx.) 48,832

Institutional Ownership 0.0%

Insider Ownership 65%