UNITED
	STATES
	SECURITIES
	AND EXCHANGE COMMISSION
	Washington,
	D.C. 20549
	FORM
	S-1/A
	(Amendment
	No. 4)
	REGISTRATION
	STATEMENT UNDER THE SECURITIES ACT OF 1933
	DIAMOND
	INFORMATION INSTITUTE, INC.
 
	(Exact
	name of registrant as specified in its charter)
	(State
	or other jurisdiction of incorporation or organization)
	(Primary
	Standard Industrial Classification Code Number)
	(I.R.S.
	Employer Identification Number)
	12
	Daniel Road East
	Fairfield,
	New Jersey 07004
	 (Address,
	including zip code, and telephone number,
	Including
	area code, of registrant’s principal executive offices)
	Berge
	Abajian, President
	DIAMOND
	INFORMATION INSTITUTE, INC.
	12
	Daniel Road East
	Fairfield,
	New Jersey 07004
	 (Name,
	address, including zip code, and telephone number,
	including
	area code, of agent for service)
	Copies
	of Communications to
	:
	Stoecklein
	Law Group
	4695
	MacArthur Court
	11
	th
	Floor
	Newport
	Beach, CA 92660
	(949)
	798-5541
	Fax
	(949) 258-5112
	Approximate date of commencement of
	proposed sale to the public:
	As soon as practicable after the
	registration statement becomes effective.
	If
	any of the securities being registered on this Form are to be offered on a
	delayed or continuous basis pursuant to Rule 415 under the Securities Act of
	1933 check the following box:  
	x
	If
	this Form is filed to register additional securities for an offering pursuant to
	Rule 462(b) under the Securities Act, please check the following box and list
	the Securities Act registration statement number of the earlier effective
	registration statement for the same offering.  
	¨
	 
	 
	 
	If
	this Form is a post-effective amendment filed pursuant to Rule 462(c) under the
	Securities Act, check the following box and list the Securities Act registration
	statement number of the earlier effective registration statement for the same
	offering.  
	¨
	If
	this Form is a post-effective amendment filed pursuant to Rule 462(d) under the
	Securities Act, check the following box and list the Securities Act registration
	statement number of the earlier effective registration statement for the same
	offering.  
	¨
	Indicate
	by check mark whether the registrant is a large accelerated filer, an
	accelerated filer, a non-accelerated filer, or a smaller reporting
	company.  See the definitions of “large accelerated filer,”
	“accelerated filer” and “smaller reporting company” in Rule 12b-2 of the
	Exchange Act.
	Large accelerated
	filer                                           
	¨
	                                                      Accelerated
	filer                                
	¨
	Non-accelerated
	filer                                           
	¨
	                                                      Smaller
	reporting company
	x
	Calculation
	of Registration Fee
| 
 
	 
 
	 
 
	Title
	of Each Class of Securities to be Registered
 
 | 
 
	 
 
	 
 
	Amount
	to be Registered
 
 | 
 
	 
 
	Proposed
	Offering Price Per Share (1)
 
 | 
 
	Proposed
	Maximum Aggregate Offering Price (1)
 
 | 
 
	 
 
	Amount
	of Registration Fee
 
 | 
| 
 
	Common
	Stock, $0.001 par value
 
 | 
 
	1,818,100
 
 | 
 
	$1.00
 
 | 
 
	$1,818,100
 
 | 
 
	$55.82
 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	TOTAL
 
 | 
 
	1,818,100
 
 | 
	 
 | 
 
	$1,818,100
 
 | 
 
	$55.82
 
 | 
 
| 
 
	(1)  
 
 | 
 
	The
	proposed maximum offering price is estimated solely for the purpose of
	determining the registration fee and calculated pursuant to Rule
	457(c).
 
 | 
 
	The
	Registrant hereby amends this Registration Statement on such date or dates as
	may be necessary to delay its effective date until the registrant shall file a
	further amendment which specifically states that this Registration Statement
	shall thereafter become effective in accordance with Section 8(a) of the
	Securities Act of 1933 or until the Registration Statement shall become
	effective on such date as the Commission, acting pursuant to said Section 8(a),
	may determine.
	The
	information in this prospectus is not complete and may be
	changed.  The selling security holders may not sell these securities
	until the registration statement filed with the Securities and Exchange
	Commission is effective.  This prospectus is not an offer to sell
	these Securities and it is not soliciting an offer to buy these securities in
	any state where the offer or sale is not permitted.
 
	Prospectus
	(Subject to Completion)
	Dated
	_________, 2008
	PROSPECTUS
	DIAMOND
	INFORMAITON INSTITUTE, INC.
	1,243,100
	Shares of Common Stock
	575,000
	Shares issuable upon exercise of warrants
	We
	have prepared this prospectus to allow certain of our current shareholders to
	sell up to 1,243,100 shares of our common stock of Diamond Information
	Institute, Inc.  We are not selling any shares of common stock under
	this prospectus.  This prospectus relates to the disposition by the
	selling security holders or their transferees, of up to 1,243,100 shares of our
	common stock outstanding and 575,000 shares of our common stock issuable upon
	the exercise of warrants held by the selling security holders.  We
	will not receive proceeds from any sales of the shares by the current
	shareholders; however, we may receive proceeds of up to $862,500 from the
	exercise of the warrants.  All costs associated with the registration
	statement of which this prospectus is a part, will be borne by the
	Company.
	The selling security holders may sell
	these shares from time to time after this Registration Statement is declared
	effective by the Securities and Exchange Commission.  The prices at
	which the selling security holders may sell the shares has arbitrarily been
	determined to be at $1.00 per share or until a market price for the shares is
	determined upon quotation on the OTC Bulletin Board or listed on a securities
	exchange.
	For
	a description of the plan of distribution of the shares, please see page 14 of
	this prospectus.
	Our common stock is not listed on any
	national securities exchange or the NASDAQ stock market.  Currently no
	public market exists for the common stock of Diamond.  We can provide
	no assurance that a public market for our securities will develop and ownership
	of our securities is likely to be an illiquid investment for the foreseeable
	future.
	THESE SECURITIES ARE SPECULATIVE AND
	INVOLVE A HIGH DEGREE OF RISK.
	We urge you to read carefully the “Risk
	Factors” section beginning on page 4 where we describe specific risks associated
	with an investment in Diamond Information Institute, Inc. and these securities
	before you make your investment decision.
	________________________
	Neither
	the Securities and Exchange Commission nor any state securities commission has
	approved or disapproved these securities, or determined if this prospectus is
	truthful or complete.  Any representation to the contrary is a
	criminal offense.
	________________________
	THE
	DATE OF THIS PROSPECTUS IS __________, 2008.
	TABLE
	OF CONTENTS
| 
	 
 | 
 
	PAGE
 
 | 
| 
 
	Prospectus
	Summary
 
 | 
 
	1
 
 | 
| 
 
	Summary
	of the Offering
 
 | 
 
	2
 
 | 
| 
 
	Summary
	Financial Information
 
 | 
 
	3
 
 | 
| 
 
	Risk
	Factors
 
 | 
 
	4
 
 | 
| 
 
	About
	This Prospectus
 
 | 
 
	9
 
 | 
| 
 
	Available
	Information
 
 | 
 
	9
 
 | 
| 
 
	Special
	Note Regarding Forward-Looking Information
 
 | 
 
	10
 
 | 
| 
 
	Use
	of Proceeds
 
 | 
 
	11
 
 | 
| 
 
	Selling
	Security Holders
 
 | 
 
	11
 
 | 
| 
 
	Plan
	of Distribution
 
 | 
 
	14
 
 | 
| 
 
	Description
	of Securities
 
 | 
 
	18
 
 | 
| 
 
	Interest
	of Named Experts and Counsel
 
 | 
 
	20
 
 | 
| 
 
	Disclosure
	of Commission Position on Indemnification for Securities Act
	Liabilities
 
 | 
 
	20
 
 | 
| 
 
	Description
	of Business
 
 | 
 
	21
 
 | 
| 
 
	Description
	of Property
 
 | 
 
	25
 
 | 
| 
 
	Legal
	Proceedings
 
 | 
 
	25
 
 | 
| 
 
	Market
	for Common Equity and Related Stockholder Matters
 
 | 
 
	25
 
 | 
| 
 
	Management’s
	Discussion and Analysis of Financial Condition and Results of
	Operations
 
 | 
 
	27
 
 | 
| 
 
	Changes
	in and Disagreements with Accountants on Accounting and Financial
	Disclosure
 
 | 
 
	37
 
 | 
| 
 
	Directors,
	Executive Officers, Promoters and Control Persons
 
 | 
 
	37
 
 | 
| 
 
	Executive
	Compensation
 
 | 
 
	39
 
 | 
| 
 
	Security
	Ownership of Beneficial Owners and Management
 
 | 
 
	40
 
 | 
| 
 
	Certain
	Relationships and Related Transactions
 
 | 
 
	41
 
 | 
| 
	 
 | 
	 
 | 
| 
 
	Diamond
	Information Institute, Inc. Audited Financial Statements
 
 | 
	 
 | 
| 
 
	Report
	of Independent Registered Public Accounting Firm
 
 | 
 
	F-1
 
 | 
| 
 
	Balance
	Sheets at December 31, 2007 and June 30, 2008
 
 | 
 
	F-2
 
 | 
| 
 
	Statement
	of Operations for the Years Ended December 31, 2007 and 2006 and the Six
	Months Ended June 30, 2008 and 2007
 
 | 
 
	F-4
 
 | 
| 
 
	Statement
	of Stockholders’ Equity for the Years Ended December 31, 2007 and 2006 and
	the Six Months Ended June 30, 2008
 
 | 
 
	F-5
 
 | 
| 
 
	Statement
	of Cash Flows for the Year Ended December 31, 2007 and 2006 and the Six
	Months Ended June 30, 2008 and 2007
 
 | 
 
	F-7
 
 | 
| 
 
	Notes
	to Financial Statements
 
 | 
 
	F-9
 
 | 
| 
	 
 | 
	 
 | 
 
	You should read the following summary
	together with the entire prospectus, including the more detailed information in
	our financial statements and related notes appearing elsewhere in this
	prospectus. You should carefully consider the matters discussed in “Risk
	Factors” beginning on page 4.
	The
	selling security holders may sell these shares from time to time after this
	Registration Statement is declared effective by the Securities and Exchange
	Commission.  The prices at which the selling security holders may sell
	the shares has arbitrarily been determined to be at $1.00 per share or until a
	market price for the shares is determined upon quotation on the OTC Bulletin
	Board or listed on a securities exchange.  
	Diamond
	Information Institute, Inc.
	Diamond Information Institute, Inc. is
	a New Jersey corporation organized in October of 1988 that has been engaged in
	the design and manufacture of upscale jewelry since 1995 through its tradename
	of its “Bergio” line.  Additionally, in 2002, Diamond launched the
	“Bergio Bridal Collection”.
	 
	Diamond sells its jewelry to approximately 150 independent jewelry stores across
	the United States.
	We
	are a design and manufacturing company of upscale jewelry.
	 
	Our primary business
	objective is to create value in the company through our existing jewelry lines
	and in the future to expand the business by acquiring independent design
	manufactures located in the United States and foreign countries.
	Diamond
	considers itself to be a trendsetter in the jewelry manufacturing
	business.  As a result, Diamond comes out with a variety of products
	throughout the year that it believes have commercial potential to meet what it
	feels are new trends within the industry.  The “Bergio” designs
	consist of upscale jewelry that includes white diamonds, yellow diamonds,
	pearls, colored stones, in 18K gold, platinum, and palladium.  Prices
	range from $400 to $200,000.
	Our
	principal executive office address and phone number is:
	DIAMOND
	INFORMATION INSTITUTE, INC.
	12 Daniel Road East
	Fairfield, New Jersey
	07004
	(973) 227-3230
	Summary
	of the Offering
| 
 
	Shares
	offered by the selling security holders…
 
 | 
 
	1,818,100
	shares of common stock, $0.001 par value per share, which
	include:
 
 | 
| 
	 
 | 
 
	-
	1,243,100 shares of common stock owned by selling security
	holders;
 
 | 
| 
	 
 | 
 
	-
	575,000 shares of common stock that may be issued upon exercise of
	warrants.
 
 | 
| 
	 
 | 
	 
 | 
| 
 
	Offering
	price…
 
 | 
 
	Determined
	at the time of sale by the selling security holders.
 
 | 
| 
	 
 | 
	 
 | 
| 
 
	Total
	shares of common stock outstanding as of May 13, 2008…
 
 | 
 
	11,443,100
 
 | 
| 
	 
 | 
	 
 | 
| 
 
	Number
	of shares of common stock outstanding after offering assuming the issuance
	of 575,000 shares of common stock that may be issued upon exercise of
	warrants held by the selling security holders
	(1)
 
 | 
 
	12,018,100
 
 | 
| 
	 
 | 
	 
 | 
| 
 
	Total
	proceeds raised by us from the disposition of the common stock by the
	selling security holders or their transferees…
 
 | 
 
	We
	will not receive proceeds from the disposition of already outstanding
	shares of our common stock by selling security holders or their
	transferees.  The prices at which the selling security holders
	may sell the shares has arbitrarily been determined to be at $1.00 per
	share or until a market price for the shares is determined upon quotation
	on the OTC Bulletin Board or listed on a securities exchange.
 
	 
 
	We
	may receive proceeds of up to $862,500 upon the exercise of the warrant
	registered herein.  We intend to use the proceeds, if any for
	working capital purposes.
 
 | 
| 
	 
 | 
	 
 | 
| 
 
	Trading
	market. . .
 
 | 
 
	None
	presently, although following an effective registration we anticipate
	submitting an application to a market maker for inclusion of our common
	stock on the OTC Bulletin Board.
 
 | 
| 
	 
 | 
	 
 | 
| 
 
	Risk
	Factors
 
 | 
 
	The
	ownership of our common stock involves a high degree of
	risk.  We urge you to review carefully and consider all
	information contained in this prospectus, particularly the items set forth
	under “Risk Factors” beginning on page
	4.
 
 | 
 
| 
 
	 
 
 | 
 
	(1)
	We cannot assure you that the warrants will be exercised by the selling
	security holders.
 
 | 
 
	SUMMARY
	FINANCIAL INFORMATION
 
	 
	The
	following table sets forth summary financial data derived from our financial
	statements. The data should be read in conjunction with the financial
	statements, related notes and other financial information included in this
	prospectus.
	 
| 
	 
 | 
	 
 | 
 
	Six
	Months Ended June 30,
 
	(Unaudited)
 
 | 
	 
 | 
	 
 | 
 
	Year
	Ended December 31,
 
	(Audited)
 
 | 
	 
 | 
| 
	 
 | 
	 
 | 
 
	2008
 
 | 
	 
 | 
	 
 | 
 
	2007
 
 | 
	 
 | 
	 
 | 
 
	2007
 
 | 
	 
 | 
	 
 | 
 
	2006
 
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
 
	[Restated]
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
 
	[Restated]
 
 | 
	 
 | 
| 
 
	Revenue
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	     Sales
 
 | 
	 
 | 
	$
 | 
	642,883
 | 
	 
 | 
	 
 | 
	$
 | 
	508,211
 | 
	 
 | 
	 
 | 
	$
 | 
	1,296,585
 | 
	 
 | 
	 
 | 
	$
 | 
	1,974,008
 | 
	 
 | 
| 
 
	     Cost
	of Sales
 
 | 
	 
 | 
	 
 | 
	302,129
 | 
	 
 | 
	 
 | 
	 
 | 
	585,967
 | 
	 
 | 
	 
 | 
	 
 | 
	1,226,561
 | 
	 
 | 
	 
 | 
	 
 | 
	1,063,641
 | 
	 
 | 
| 
 
	          Gross
	Profit [Loss]
 
 | 
	 
 | 
	 
 | 
	340,754
 | 
	 
 | 
	 
 | 
	 
 | 
	(77,756
 | 
	)
 | 
	 
 | 
	 
 | 
	70,024
 | 
	 
 | 
	 
 | 
	 
 | 
	910,367
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Expenses:
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	      Selling
	expenses
 
 | 
	 
 | 
	 
 | 
	143,765
 | 
	 
 | 
	 
 | 
	 
 | 
	233,803
 | 
	 
 | 
	 
 | 
	 
 | 
	392,793
 | 
	 
 | 
	 
 | 
	 
 | 
	442,061
 | 
	 
 | 
| 
 
	      General
	and Administrative expenses
 
 | 
	 
 | 
	 
 | 
	796,071
 | 
	 
 | 
	 
 | 
	 
 | 
	564,569
 | 
	 
 | 
	 
 | 
	 
 | 
	1,095,549
 | 
	 
 | 
	 
 | 
	 
 | 
	316,493
 | 
	 
 | 
| 
 
	          Total
	operating expenses
 
 | 
	 
 | 
	 
 | 
	939,836
 | 
	 
 | 
	 
 | 
	 
 | 
	798,372
 | 
	 
 | 
	 
 | 
	 
 | 
	1,488,342
 | 
	 
 | 
	 
 | 
	 
 | 
	758,554
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	(Loss)
	Income from operations
 
 | 
	 
 | 
	 
 | 
	(599,082
 | 
	)
 | 
	 
 | 
	 
 | 
	(876,128
 | 
	)
 | 
	 
 | 
	 
 | 
	(1,418,318
 | 
	)
 | 
	 
 | 
	 
 | 
	151,813
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Other
	(expense) – net:
 
 | 
	 
 | 
	 
 | 
	(54,880
 | 
	)
 | 
	 
 | 
	 
 | 
	(59,870
 | 
	)
 | 
	 
 | 
	 
 | 
	(85,304
 | 
	)
 | 
	 
 | 
	 
 | 
	(54,619
 | 
	)
 | 
| 
 
	     (Loss)  Income
	before income tax (benefit) provision
 
 | 
	 
 | 
	 
 | 
	(653,962
 | 
	)
 | 
	 
 | 
	 
 | 
	(935,998
 | 
	)
 | 
	 
 | 
	 
 | 
	(1,503,622
 | 
	)
 | 
	 
 | 
	 
 | 
	97,194
 | 
	 
 | 
| 
 
	     Income
	tax provision (benefit)
 
 | 
	 
 | 
	 
 | 
	(168,446
 | 
	)
 | 
	 
 | 
	 
 | 
	(148,221
 | 
	)
 | 
	 
 | 
	 
 | 
	(331,642
 | 
	)
 | 
	 
 | 
	 
 | 
	34,953
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Net
	(loss) income
 
 | 
	 
 | 
	$
 | 
	(485,516
 | 
	)
 | 
	 
 | 
	$
 | 
	(787,777
 | 
	)
 | 
	 
 | 
	$
 | 
	(1,171,980
 | 
	)
 | 
	 
 | 
	$
 | 
	62,241
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Net
	(loss) per share – basic and diluted
 
 | 
	 
 | 
	$
 | 
	(0.04
 | 
	)
 | 
	 
 | 
	$
 | 
	(0.05
 | 
	)
 | 
	 
 | 
	$
 | 
	(0.07
 | 
	)
 | 
	 
 | 
	$
 | 
	--
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Weighted
	average common shares outstanding
 
 | 
	 
 | 
	 
 | 
	13,249,460
 | 
	 
 | 
	 
 | 
	 
 | 
	17,502,072
 | 
	 
 | 
	 
 | 
	 
 | 
	17,790,890
 | 
	 
 | 
	 
 | 
	 
 | 
	17,250,000
 | 
	 
 | 
 
	 
| 
 
	 
 
	 
 
	Balance
	Sheet Data:
 
 | 
	 
 | 
 
	As
	of June 30, 2008
 
	(unaudited)
 
 | 
	 
 | 
	 
 | 
 
	As
	of December 31,
 
	(audited)
 
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
 
	2007
 
 | 
	 
 | 
	 
 | 
 
	2006
 
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
 
	[Restated]
 
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Total
	Assets
 
 | 
	 
 | 
	$
 | 
	2,288,677
 | 
	 
 | 
	 
 | 
	$
 | 
	2,302,704
 | 
	 
 | 
	 
 | 
	$
 | 
	2,749,524
 | 
	 
 | 
| 
 
	Total
	Liabilities
 
 | 
	 
 | 
	$
 | 
	1,805,783
 | 
	 
 | 
	 
 | 
	$
 | 
	1,866,301
 | 
	 
 | 
	 
 | 
	$
 | 
	1,951,834
 | 
	 
 | 
| 
 
	Stockholders’
	Equity
 
 | 
	 
 | 
	$
 | 
	482,894
 | 
	 
 | 
	 
 | 
	$
 | 
	436,403
 | 
	 
 | 
	 
 | 
	$
 | 
	797,690
 | 
	 
 | 
 
	 
	An
	investment in our common stock is highly speculative and involves a high degree
	of risk.  You should consider carefully the following risks, together
	with all other information included in this prospectus.  Please keep
	these risks in mind when reading this prospectus, including any forward-looking
	statements appearing herein.  If any of the following risks actually
	occurs, our business, financial condition or results of operations would likely
	suffer materially.  As a result, the trading price of our stock, if a
	trading market develops, may decline and you could lose all or part of your
	investment.  As of the date of this prospectus, our management is
	aware of the following material risks.
	Risk Factors Associated with
	Diamond Information Institute’s Business
	and
	Marketplace
	Diamond
	will need additional capital in the future to finance its operations or any
	future acquisitions, which it may not be able to raise or it may only be
	available on terms unfavorable to current non-affiliate
	shareholders.  This may result in Diamond’s inability to fund its
	working capital requirements and ultimately harm its operational
	results.
	Diamond
	has and expects to continue to have substantial capital expenditure and working
	capital needs.  As of December 31, 2007 and 2006, Diamond had sales of
	$1,296,585 and $1,974,008, respectively and net loss of $1,171,980 and net
	income $62,241, respectively.  While management believes that its
	financial policies have been prudent, the Company is reliant on future potential
	equity raises to expand its current business and assist in any future
	acquisitions, if and when those opportunities occur.
	There
	can be no assurance that Diamond will be successful in continuing to meet its
	cash requirements from existing operations, or in raising a sufficient amount of
	additional capital in future finance offerings.  Additional financing
	might not be available on terms favorable to Diamond, or at all. If adequate
	funds were not available or were not available on acceptable terms, Diamond’s
	ability to fund its operations, take advantage of unanticipated opportunities,
	develop or enhance its business or otherwise respond to competitive pressures
	would be significantly limited.
	Diamond
	is highly dependent on its key executive officers for the success of its
	business plan and may be dependent on the efforts and relationships of the
	principals of future acquisitions and mergers.  If any of these
	individuals become unable to continue in their role, the company’s business
	could be adversely affected.
	Diamond believes its success will
	depend, to a significant extent, on the efforts and abilities of Berge Abajian,
	its CEO.  If Diamond lost Mr. Abajian, it would be forced to expend
	significant time and money in the pursuit of a replacement, which would result
	in both a delay in the implementation of its business plan and the diversion of
	limited working capital. Diamond can give you no assurance that it could find a
	satisfactory replacement for Mr. Abajian at all, or on terms that are not unduly
	expensive or burdensome.
	If
	Diamond grows and implements its business plan, it will need to add managerial
	talent to support its business plan.  There is no guarantee that
	Diamond will be successful in adding such managerial talent.  These
	professionals are regularly recruited by other companies and may choose to
	change companies.  Given Diamond’s relatively small size compared to
	some of its competitors, the performance of its business may be more adversely
	affected than its competitors would be if Diamond loses well-performing
	employees and are unable to attract new ones.
	Diamond
	has minimal operating profits and lack of operating history, which raises
	substantial doubt as to its ability to successfully develop profitable business
	operations.
	Diamond has had only minimal operating
	profits since its inception in October 1988.  For the year ended
	December 31, 2007, Diamond had a gross profit of $70,024, which included an
	inventory write-down of $284,000.  Its primary asset consists of
	jewelry inventory, which serves as collateral for Company loans.  As a
	result, Diamond’s operations will likely incur losses in the
	future.  There is no assurance that Diamond’s operations will be
	successful or that it will be profitable in the future.  The Company
	has expended substantial resources to develop and implement its business
	strategy but there can be no assurance that it will be successful in generating
	and sustaining revenues with any profitability in the near future.
	We
	may acquire assets or other businesses in the future.
	We
	may consider acquisitions of assets or other business. Any acquisition involves
	a number of risks that could fail to meet our expectations and adversely affect
	our profitability. For example:
| 
 
	·  
 
 | 
 
	The
	acquired assets or business may not achieve expected
	results;
 
 | 
 
| 
 
	·  
 
 | 
 
	We
	may incur substantial, unanticipated costs, delays or other operational or
	financial problems when integrating the acquired
	assets;
 
 | 
 
| 
 
	·  
 
 | 
 
	We
	may not be able to retain key personnel of an acquired
	business;
 
 | 
 
| 
 
	·  
 
 | 
 
	Our
	management’s attention may be diverted;
	or
 
 | 
 
| 
 
	·  
 
 | 
 
	Our
	management may not be able to manage the acquired assets or combined
	entity effectively or to make acquisitions and grow our business
	internally at the same time.
 
 | 
 
	If
	these problems arise we may not realize the expected benefits of an
	acquisition.
	Diamond
	may be unable to compete successfully in the highly competitive jewelry and
	design manufacturing industry.
	There are approximately 4,000 jewelry
	design manufacturers in the United States alone and the jewelry industry is a
	$50 billion a year industry largely comprised of primarily privately held
	companies.  Diamond faces intense competition from various independent
	jewelry design manufacturers, some of which are more established and well known
	in the marketplace.  Each of Diamond’s competitors will likely
	continue to maintain a position in offering their services in the overall market
	and Diamond may experience difficulties in expanding its market
	share.  Additionally, most of Diamond’s competitors have substantially
	greater financial and managerial resources than it does.
	Not only is Diamond operating in a
	highly competitive industry but it also lacks long-term contracts with
	clients.  There can be no assurance that it will successfully
	establish or maintain any long-term contracts to provide its services in the
	future.
	A
	decline in discretionary consumer spending may adversely affect Diamond’s
	industry, its operations, and ultimately its profitability.
	Luxury products, such as fine jewelry,
	are discretionary purchases for consumers.  Any reduction in consumer
	discretionary spending or disposable income may affect the jewelry industry more
	significantly than other industries.  Many economic factors outside of
	Diamond’s control could affect consumer discretionary spending, including the
	financial markets, consumer credit availability, prevailing interest rates,
	energy costs, employment levels, salary levels, and tax rates.  Any
	reduction in
	discretionary
	consumer spending could materially adversely affect Diamond’s business and
	financial condition.
	The
	jewelry industry in general is affected by fluctuations in the prices of
	precious metals and precious and semi-precious stones.
	The availability and prices of gold,
	diamonds, and other precious metals and precious and semi-precious stones may be
	influenced by cartels, political instability in exporting countries and
	inflation.  Shortages of these materials or sharp changes in their
	prices could have a material adverse effect on Diamond’s results of operations
	or financial condition.  A significant change in prices of key
	commodities, including gold, could adversely affect its business or reduce
	operating margins and impact consumer demand if retail prices increased
	significantly, even though Diamond historically incorporates any increases in
	the purchase of raw materials to its consumers.  Additionally, a
	significant disruption in our supply of gold or other commodities could decrease
	the production and shipping levels of our products, which may materially
	increase our operating costs and ultimately affect our profit
	margins.
	Diamond
	depends on its ability to identify and respond to fashion trends.
	The jewelry industry is subject to
	rapidly changing fashion trends and shifting consumer
	demands.  Accordingly, Diamond’s success may depend on the priority
	that its target customers place on fashion and its ability to anticipate,
	identify, and capitalize upon emerging fashion trends.  If Diamond
	misjudges fashion trends or are unable to adjust its products in a timely
	manner, its net sales may decline or fail to meet expectations and any excess
	inventory may be sold at lower prices.
	Diamond’s
	ability to maintain or increase its revenues could be harmed if Diamond is
	unable to strengthen and maintain its brand image.
	Diamond has spent significant amounts
	in branding its Bergio and Bergio Bridal lines.  Diamond believes that
	primary factors in determining customer buying decisions, especially in the
	jewelry industry, are determined by price, confidence in the merchandise and
	quality associated with a brand.  The ability to differentiate
	products from competitors of Diamond has been a factor in attracting
	consumers.  However, if Diamond’s ability to promote its brand fails
	to garner brand recognition, its ability to generate revenues may
	suffer.  If Diamond fails to differentiate its products, its ability
	to sell its products wholesale will be adversely affected.  These
	factors could result in lower selling prices and sales volumes, which could
	adversely affect its financial condition and results of operations.
	Diamond
	maintains a relatively large inventory of its raw materials and if this
	inventory is lost due to theft, its results of operations would be negatively
	impacted.
	We purchase large volumes of precious
	metals and store significant quantities of raw materials and jewelry products at
	our facility in New Jersey.  Although we have an insurance policy with
	Lloyd’s of London, if we were to encounter significant inventory losses due to
	third party or employee theft from our facility which required us to implement
	additional security measures, this would increase our operating
	costs.  Also such losses of inventory could exceed the limits of, or
	be subject to an exclusion from, coverage under our current insurance
	policy.  Claims filed by us under our insurance policies could lead to
	increases in the insurance premiums payable by us or possible termination of
	coverage under the relevant policy.
	If
	Diamond were to experience substantial defaults by its customers on accounts
	receivable, this could have a material adverse affect on Diamond’s liquidity and
	results of operations.
	A significant portion of our working
	capital consists of accounts receivable from customers.  If customers
	responsible for a large amount of accounts receivable were to become insolvent
	or otherwise unable to pay for our products, or to make payments in a timely
	manner, Diamond’s liquidity and results of operations could be materially
	adversely affected.  An economic or industry downturn could materially
	affect the ability to collect these accounts receivable, which could then result
	in longer payment cycles, increased collections costs and defaults in excess of
	management’s expectations.  A significant deterioration in the ability
	to collect on accounts receivable could affect the cash flow and working capital
	position of Diamond.
	Diamond
	may not have the proper controls in place to protect is Intellectual Property
	Rights.
	Diamond
	has not undertaken and does not plan to undertake any evaluation of its
	trademarks, proprietary manufacturing techniques or any intellectual property
	rights.  In the event that its trademarks, proprietary manufacturing
	techniques or intellectual property rights are subsequently challenged, Diamond
	may face costly litigation and diversion of technical and management
	personnel.  Further, if efforts to enforce intellectual property
	rights are unsuccessful or if claims by third parties are successful, Diamond
	may be required to pay financial damages or alter its business
	practices.
	Diamond’s
	liability insurance may not be sufficient.
	Diamond has liability insurance
	coverage.  It has maintained liability insurance in the past and
	intends to continue to do so in the future.  However, there is no
	guarantee that Diamond’s coverage would be sufficient or any other insurance
	coverage would protect it from any damages or loss claims filed against
	it.
	Diamond’s
	internal controls may be inadequate, which could cause its financial reporting
	to be unreliable and lead to misinformation being disseminated to the
	public.
	Diamond’s
	management will be responsible for establishing and maintaining adequate
	internal control over financial reporting upon it becoming a reporting company.
	As defined in Exchange Act Rule 13a-15(f), internal control over financial
	reporting is a process designed by, or under the supervision of, the principal
	executive and principal financial officer and effected by the board of
	directors, management and other personnel, to provide reasonable assurance
	regarding the reliability of financial reporting and the preparation of
	financial statements for external purposes in accordance with generally accepted
	accounting principles and includes those policies and procedures that: (i)
	pertain to the maintenance of records that in reasonable detail accurately and
	fairly reflect the transactions and dispositions of the assets of Diamond; (ii)
	provide reasonable assurance that transactions are recorded as necessary to
	permit preparation of financial statements in accordance with generally accepted
	accounting principles, and that receipts and expenditures of Diamond are being
	made only in accordance with authorizations of management and directors of
	Diamond, and (iii) provide reasonable assurance regarding prevention or timely
	detection of unauthorized acquisition, use or disposition of Diamond’s assets
	that could have a material effect on the financial statements.
	Diamond
	has a limited number of personnel that are required to perform various roles and
	duties as well as be responsible for monitoring and ensuring compliance with its
	internal control procedures. As a result, its internal controls may be
	inadequate or ineffective, which could cause its financial reporting to be
	unreliable and lead to misinformation being disseminated to the
	public.  Investors relying upon this misinformation may make an
	uninformed investment decision.
	Risk Factors Associated with
	Our Common Stock
	No
	market exists for our common stock
	We
	anticipate that following an effective registration statement of our shares, we
	will submit an application to a market maker to apply for inclusion of our
	common stock on the OTC Bulletin Board.  However, there is currently
	no market for our shares and there can be no assurance that any such market will
	ever develop or be maintained.  Any trading market that may develop in
	the future will most likely be very volatile, and numerous factors beyond our
	control may have a significant effect on the market.  Only companies
	that report their current financial information to the SEC may have their
	securities included on the OTC Bulletin Board.  Therefore, only upon
	the effective date of this registration statement and after the necessary
	reports are filed may we submit an application to a market maker to have our
	securities quoted on the OTC Bulletin Board.
	Our
	common stock could be deemed a low-priced “Penny” stock which could make it
	cumbersome for brokers and dealers to trade in our common stock, making the
	market for our common stock less liquid and negatively affect the price of our
	stock.
	In
	the event our anticipated spin-out of shares is successful and we are ultimately
	accepted for trading in the over-the-counter market, trading of our common stock
	may be subject to certain provisions of the Securities Exchange act of 1934,
	commonly referred to as the “penny stock” as defined in Rule
	3a51-1.  A penny stock is generally defined to be any equity security
	that has a market price less than $5.00 per share, subject to certain
	exceptions.  If our stock is deemed to be a penny stock, trading will
	be subject to additional sales practice requirements on
	broker-dealers.  These require a broker-dealer to:
	·
	           Deliver
	to the customer, and obtain a written receipt for, a disclosure
	document;
	·
	           Disclose
	certain price information about the stock;
| 
 
	·
 
 | 
 
	Disclose
	the amount of compensation received by the broker-dealer or any associated
	person of the broker-dealer;
 
 | 
 
| 
 
	·
 
 | 
 
	Send
	monthly statements to customers with market and price information about
	the penny stock; and
 
 | 
 
| 
 
	·
 
 | 
 
	In
	some circumstances, approve the purchaser’s account under certain
	standards and deliver written statements to the customer with information
	specified in the rules.
 
 | 
 
	Consequently,
	penny stock rules may restrict the ability or willingness of broker-dealers to
	trade and/or maintain a market in our common stock.  Also, prospective
	investors may not want to get involved with the additional administrative
	requirements, which may have a material adverse effect on the trading of our
	shares.
	FINRA
	sales practice requirements may also limit a shareholder's ability to buy and
	sell our stock, if and when we are quoted on the OTC Bulletin
	Board.
	In addition to the “penny stock” rules
	described above, the Financial Industry Regulatory Authority (FINRA) has adopted
	rules that require that in recommending an investment to a customer, a
	broker-dealer must have reasonable grounds for believing that the investment is
	suitable for that customer.  Prior to recommending speculative low
	priced securities to their non-institutional customers, broker-dealers must make
	reasonable efforts to obtain information about the customer's financial status,
	tax status, investment objectives and other information. Under interpretations
	of these rules, FINRA believes that there is a high probability that speculative
	low priced securities will not be suitable for at least some customers. FINRA
	requirements make it more difficult for broker-dealers to recommend
	that
	their
	customers buy our common stock, which may limit your ability to buy and sell our
	stock and have an adverse effect on the market for our shares.
	Our
	current chief executive officer and sole director, Mr. Berge Abajian, owns a
	significant percentage of our company and will be able to exercise significant
	influence over our company.
	Berge Abajian, our chief executive
	officer and sole director, beneficially owns over 88% of our common
	stock.  Accordingly, Mr. Abajian will be able to determine the
	composition of our board of directors, will retain the effective voting power to
	approve all matters requiring shareholder approval, will prevail in matters
	requiring shareholder approval, including, in particular the election and
	removal of directors, and will continue to have significant influence over our
	business.  As a result of his ownership and position in the Company,
	Mr. Abajian is able to influence all matters requiring shareholder action,
	including significant corporate transactions.  In addition, sales of
	significant amount of shares held by Mr. Abajian, or the prospect of these
	sales, could adversely affect the market price of our common
	stock.  Please see the section entitled “Security Ownership of Certain
	Beneficial Owners and Management” for information about the ownership of common
	stock held by our current executive officers, directors, and principal
	shareholders.   
	We
	do not expect to pay dividends for the foreseeable future and therefore, it is
	unlikely our stockholders will receive any cash dividends as a result of their
	investment.
	For
	the foreseeable future, it is anticipated that earnings, if any, that may be
	generated from our operations will be used to finance our operations and that
	cash dividends will not be paid to holders of our common stock.
	ABOUT
	THIS PROSPECTUS
	You
	should only rely on the information contained in this prospectus.  We
	have not, and the selling security holders have not, authorized anyone to
	provide information different from that contained in this
	prospectus.  The selling security holders are offering to sell, and
	seeking offers to buy, shares of our common stock only in jurisdictions where
	offers and sales are permitted. You should not assume that the information in
	this prospectus is accurate as of any date other than the date on the front of
	the document.
	In
	this prospectus, references are made only to Diamond Information Institute,
	Inc., (unless indicated otherwise), and not to any of the shareholders. You
	should read carefully this entire prospectus, including the financial
	information and related notes.
	Available
	Information
	We
	are not subject to the informational requirements of the Securities Exchange Act
	of 1934, as amended. Once our securities are registered under the Securities Act
	of 1933, we will file reports and other information with the Securities and
	Exchange Commission. Once our registration statement becomes effective we shall
	file supplementary and periodic information, documents and reports that are
	required under section 13(a) and Section 15(d) of the Exchange Act, as
	amended.
	All
	of our reports will be able to be reviewed through the SEC’s Electronic Data
	Gathering Analysis and Retrieval System (EDGAR) which is publicly available
	through the SEC’s website (http://www.sec.gov).
	We
	intend to furnish to our stockholders annual reports containing financial
	statements audited by
	our
	independent registered public accounting firm and quarterly reports containing
	reviewed unaudited interim financial statements for each of the first three
	quarterly reporting periods during a fiscal year. You may contact the Securities
	and Exchange Commission at 1-(800) SEC-0330 or you may read and copy any
	reports, statements or other information that Diamond’s files with the
	Securities and Exchange Commission at the Securities and Exchange Commission’s
	public reference room at the following location:
	Public
	Reference Room
	100
	F. Street, N.W.
	Washington,
	D.C. 20549-0405
	Telephone
	1(800)-SEC-0330
	We
	have filed with the Commission a registration statement on Form S-1, including
	exhibits and schedules, under the Securities Act of 1933, as amended with
	respect to the securities offered in this prospectus by the selling stockholders
	identified in this prospectus. This prospectus, which constitutes part of the
	registration statement, does not include all the information set forth in the
	registration statement and its exhibits, certain parts, such as Part II of the
	registration statement, are omitted in accordance with the rules and regulations
	of the SEC. For further information with respect to us and the common stock
	offered in this prospectus, one should refer to such registration statement,
	exhibits and schedules.  A copy of the registration statement,
	including the exhibits and schedules can may be reviewed and copied at the SEC’s
	public reference facilities or through the SEC’s EDGAR website.
	SPECIAL
	NOTE REGARDING FORWARD-LOOKING STATEMENTS
	Some
	of the statements under “Prospectus Summary”, “Risk Factors”, “Plan of
	Operation”, “Description of Business”, and elsewhere in this prospectus
	constitute forward-looking statements.  All statements other than
	statements of historical fact are “forward-looking statements” for purposes of
	federal and state securities laws, including, but not limited to, any
	projections of earnings, revenue or other financial items; any statements of the
	plans, strategies and objections of management for future operations; any
	statements concerning proposed new services or developments; any statements
	regarding future economic conditions or performance; any statements or belief;
	and any statements of assumptions underlying any of the foregoing.
	In
	some cases, you can identify forward-looking statements by terminology such as
	“may,” “could,” “estimate,” “intend,” “continue,” “believe,” “expect”,
	“predicts”, “potential”, “anticipate” or the negative of such terms or other
	comparable terminology. These forward-looking statements present our estimates
	and assumptions only as of the date of this report.
	Information
	we provide in this prospectus or statements made by our directors, officers or
	employees may constitute “forward-looking” statements and may be subject to
	numerous risks and uncertainties.  These statements are only
	predictions and involve known and unknown risks, uncertainties, and other
	factors that may cause our actual results, levels of activity, performance, or
	achievements to be materially different from any future results, levels of
	activity, performance, or achievements expressed or implied by such
	forward-looking statements. Further, certain forward-looking statements are
	based upon assumptions about future events, which may not prove to be
	accurate.
	Although
	we believe that the expectations reflected in any of our forward-looking
	statements are reasonable, actual results could differ materially from those
	projected or assumed in any of our forward-looking statements. Our future
	financial condition and results of operations, as well as any forward-looking
	statements, are subject to change and inherent risks and uncertainties. The
	factors impacting these risks and uncertainties include, but are not limited
	to:
| 
 
	·  
 
 | 
 
	our
	current lack of working capital;
 
 | 
 
	 
| 
 
	·  
 
 | 
 
	increased
	competitive pressures from existing competitors and new
	entrants;
 
 | 
 
	 
| 
 
	·  
 
 | 
 
	increases
	in interest rates or our cost of borrowing or default under any material
	debt agreements;
 
 | 
 
	 
| 
 
	·  
 
 | 
 
	inability
	to raise additional financing;
 
 | 
 
	 
| 
 
	·  
 
 | 
 
	deterioration
	in general or regional economic
	conditions;
 
 | 
 
	 
| 
 
	·  
 
 | 
 
	adverse
	state or federal legislation or regulation that increases the costs of
	compliance, or adverse findings by a regulator with respect to existing
	operations;
 
 | 
 
	 
| 
 
	·  
 
 | 
 
	inability
	to efficiently manage our
	operations;
 
 | 
 
	 
| 
 
	·  
 
 | 
 
	inability
	to achieve future sales levels or other operating
	results;
 
 | 
 
	 
| 
 
	·  
 
 | 
 
	the
	unavailability of funds for capital expenditures;
	and
 
 | 
 
	 
| 
 
	·  
 
 | 
 
	operational
	inefficiencies in distribution or other
	systems.
 
 | 
 
	 
	The
	forward-looking information set forth in this prospectus is of August 25, 2008,
	and we undertake no duty to update this information, except as otherwise
	required by the Federal securities laws. More information about potential
	factors that could affect our business and financial results is included in the
	section entitled “Risk Factors” beginning on page 4 of this
	prospectus.
	We will not receive any proceeds from
	the disposition of the shares of common stock by the selling security holders or
	their transferees, nor will such proceeds be available for our use or
	benefit.  We may receive proceeds up to $862,500 upon the execution of
	all the warrants.  As we cannot predict when or if we will receive
	such proceeds, we expect to use those proceeds, if received, for working capital
	purposes, which shall be allocated to projects or manufacturing needs of Diamond
	at such time.
	The shares to be offered by the selling
	security holders are “restricted” securities under applicable federal and state
	laws and are being registered under the Securities Act of 1933, as amended (the
	“Securities Act”) to give the selling security holders the opportunity to
	publicly sell these shares.  The registration of these shares does not
	require that any of the shares be offered or sold by the selling security
	holders.  The selling security holders may from time to time offer and
	sell all or a portion of their shares in the over-the-counter market, in
	negotiated transactions, or otherwise, at prices then prevailing or related to
	the then current market price or at negotiated prices.
	Each of the selling security holders
	(i) purchased the securities covered by this prospectus in the ordinary course
	of business, and (ii) at the time of purchase of such securities, the selling
	security holder had no agreement or understanding, directly or indirectly, with
	any person to distribute such securities.
	Other than the costs of preparing this
	prospectus and a registration fee to the SEC, we are not paying any costs
	relating to the sales by the selling security holders.
	Selling
	Security Holder Information
	The following is a list of selling
	security holders who own or have the right to acquire an aggregate of 1,818,100
	shares of our common stock covered in this prospectus.
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Name
 
 | 
 
	Number
	of Shares of Common Stock Owned
 
 | 
 
	Number
	of Share Acquirable upon Exercise of Warrants
 
 | 
 
	Total
	Number of Shares Beneficially Owned (1)
 
 | 
 
	Percentage
	of Shares Owned (1)
 
 | 
 
	Number
	of Shares Offered (2)
 
 | 
 
	Shares
	Owned after Offering (3)
 
 | 
| 
 
	Abajian,
	Arpi (4)
 
	10
	Avon Court
 
	Hillsdale,
	NJ 07605
 
 | 
 
	25,000
 
 | 
 
	0
 
 | 
 
	25,000
 
 | 
 
	0.2%
 
 | 
 
	25,000
 
 | 
 
	0
 
 | 
| 
 
	Abajian,
	Shant (4)
 
	10
	Avon Court
 
	Hillsdale,
	NJ 07605
 
 | 
 
	25,000
 
 | 
 
	0
 
 | 
 
	25,000
 
 | 
 
	0.2%
 
 | 
 
	25,000
 
 | 
 
	0
 
 | 
| 
 
	Advanced
	Integrated Solutions, Inc. (5)
 
	15
	Garden Court
 
	Washington
	Township, NJ 07676
 
 | 
 
	100,000
 
 | 
 
	0
 
 | 
 
	100,000
 
 | 
 
	0.8%
 
 | 
 
	100,000
 
 | 
 
	0
 
 | 
| 
 
	Amato,
	Ralph (6)
 
	5782
	Caminito Empressa
 
	La
	Jolla, CA 92037
 
 | 
 
	50,000
 
 | 
 
	0
 
 | 
 
	50,000
 
 | 
 
	0.4%
 
 | 
 
	50,000
 
 | 
 
	0
 
 | 
| 
 
	Anastasio,
	Dena (7)
 
	7
	Pironi Court
 
	Woodbury,
	NY 11797
 
 | 
 
	25,000
 
 | 
 
	25,000
 
 | 
 
	50,000
 
 | 
 
	0.4%
 
 | 
 
	50,000
 
 | 
 
	0
 
 | 
| 
 
	Anastasio,
	Saverio (7)
 
	7
	Pironi Court
 
	Woodbury,
	NY 11797
 
 | 
 
	25,000
 
 | 
 
	25,000
 
 | 
 
	50,000
 
 | 
 
	0.4%
 
 | 
 
	50,000
 
 | 
 
	0
 
 | 
| 
 
	Artinian
	Co., Ltd (8)
 
	41/`8-20
	Silom Soi Road
 
	Bankok
 
 | 
 
	150,000
 
 | 
 
	150,000
 
 | 
 
	300,000
 
 | 
 
	2.5%
 
 | 
 
	300,000
 
 | 
 
	0
 
 | 
| 
 
	Baghdadlian,
	Hagop (9)
 
	420
	Hazlit Avenue
 
	Leonia,
	NJ 07605
 
 | 
 
	100,000
 
 | 
 
	0
 
 | 
 
	100,000
 
 | 
 
	0.8%
 
 | 
 
	100,000
 
 | 
 
	0
 
 | 
| 
 
	Baghdadlian,
	Hagop and Silva (7)
 
	420
	Hazlit Avenue
 
	Leonia,
	NJ 07605
 
 | 
 
	150,000
 
 | 
 
	150,000
 
 | 
 
	300,000
 
 | 
 
	2.5%
 
 | 
 
	300,000
 
 | 
 
	0
 
 | 
| 
 
	Belekdanian,
	Hagop (7)
 
	15
	Garden Court
 
	Washington
	Township, NJ 07676
 
 | 
 
	25,000
 
 | 
 
	25,000
 
 | 
 
	50,000
 
 | 
 
	0.4%
 
 | 
 
	50,000
 
 | 
 
	0
 
 | 
| 
 
	Belekdanian,
	Serda (7)
 
	15
	Garden Court
 
	Washington
	Township, NJ 07676
 
 | 
 
	25,000
 
 | 
 
	25,000
 
 | 
 
	50,000
 
 | 
 
	0.4%
 
 | 
 
	50,000
 
 | 
 
	0
 
 | 
| 
 
	Beylerian,
	Nvair  (10)
 
	586
	Mazur Avenue
 
	Paramus,
	NJ 07652
 
 | 
 
	50,000
 
 | 
 
	0
 
 | 
 
	50,000
 
 | 
 
	0.4%
 
 | 
 
	50,000
 
 | 
 
	0
 
 | 
| 
 
	Beylerian,
	Zareh (10)
 
	586
	Mazur Avenue
 
	Paramus,
	NJ 07652
 
 | 
 
	50,000
 
 | 
 
	0
 
 | 
 
	50,000
 
 | 
 
	0.4%
 
 | 
 
	50,000
 
 | 
 
	0
 
 | 
| 
 
	Bezjian,
	Christopher (4)
 
	74
	Park Avenue
 
	Emerson,
	NJ 07630
 
 | 
 
	2,500
 
 | 
 
	0
 
 | 
 
	2,500
 
 | 
 
	*
 
 | 
 
	2,500
 
 | 
 
	0
 
 | 
| 
 
	Bezjian,
	John (4)
 
	74
	Park Avenue
 
	Emerson,
	NJ 07630
 
 | 
 
	12,500
 
 | 
 
	0
 
 | 
 
	12,500
 
 | 
 
	0.1%
 
 | 
 
	12,500
 
 | 
 
	0
 
 | 
| 
 
	Funicelli,
	Suzanne (4)
 
	42
	Centennial Court
 
	Totowa,
	NJ 07512
 
 | 
 
	12,500
 
 | 
 
	0
 
 | 
 
	12,500
 
 | 
 
	0.1%
 
 | 
 
	12,500
 
 | 
 
	0
 
 | 
| 
 
	Gabbay,
	Moshe (7)
 
	124
	Circle Drive
 
	Roslyn
	Heights, NY 11577
 
 | 
 
	25,000
 
 | 
 
	25,000
 
 | 
 
	50,000
 
 | 
 
	0.4%
 
 | 
 
	50,000
 
 | 
 
	0
 
 | 
| 
 
	Goneconti,
	Ellen and Anthony (7)
 
	12
	Carlton Court
 
	New
	City, NY 10956
 
 | 
 
	50,000
 
 | 
 
	50,000
 
 | 
 
	100,000
 
 | 
 
	0.8%
 
 | 
 
	100,000
 
 | 
 
	0
 
 | 
 
| 
 
	Hatoum,
	Joyce (4)
 
	640
	Totowa Road
 
	Totowa,
	NJ 07512
 
 | 
 
	5,000
 
 | 
 
	0
 
 | 
 
	5,000
 
 | 
 
	*
 
 | 
 
	5,000
 
 | 
 
	0
 
 | 
| 
 
	Karolweski,
	Mark (4)
 
	89C
	Marion Pepe Drive
 
	Lodi,
	NJ 07644
 
 | 
 
	5,000
 
 | 
 
	0
 
 | 
 
	5,000
 
 | 
 
	*
 
 | 
 
	5,000
 
 | 
 
	0
 
 | 
| 
 
	Kuropatkin,
	Stuart (7)
 
	14
	Carlton Court
 
	New
	City, NY 10956
 
 | 
 
	50,000
 
 | 
 
	50,000
 
 | 
 
	100,000
 
 | 
 
	0.8%
 
 | 
 
	100,000
 
 | 
 
	0
 
 | 
| 
 
	Marchese,
	Rosa (4)
 
	219
	Betsy Ross Drive
 
	Orangeburg,
	NY 10962
 
 | 
 
	25,000
 
 | 
 
	0
 
 | 
 
	25,000
 
 | 
 
	0.2%
 
 | 
 
	25,000
 
 | 
 
	0
 
 | 
| 
 
	Mezzina,
	Amanda (11)
 
	51
	Beverly Road
 
	Hillsdale,
	NJ 07642
 
 | 
 
	100
 
 | 
 
	0
 
 | 
 
	100
 
 | 
 
	*
 
 | 
 
	100
 
 | 
 
	0
 
 | 
| 
 
	Mezzina,
	Andrew (11)
 
	51
	Beverly Road
 
	Hillsdale,
	NJ 07642
 
 | 
 
	100
 
 | 
 
	0
 
 | 
 
	100
 
 | 
 
	*
 
 | 
 
	100
 
 | 
 
	0
 
 | 
| 
 
	Mezzina,
	Joseph (11)
 
	51
	Beverly Road
 
	Hillsdale,
	NJ 07642
 
 | 
 
	100
 
 | 
 
	0
 
 | 
 
	100
 
 | 
 
	*
 
 | 
 
	100
 
 | 
 
	0
 
 | 
| 
 
	Mezzina,
	Rosalba (11)
 
	51
	Beverly Road
 
	Hillsdale,
	NJ 07642
 
 | 
 
	100
 
 | 
 
	0
 
 | 
 
	100
 
 | 
 
	*
 
 | 
 
	100
 
 | 
 
	0
 
 | 
| 
 
	Runmark,
	Frances (11)
 
	2717
	Westmoreland Drive
 
	Plano,
	TX 75093
 
 | 
 
	200
 
 | 
 
	0
 
 | 
 
	200
 
 | 
 
	*
 
 | 
 
	200
 
 | 
 
	*
 
 | 
| 
 
	Sirica,
	Alfred (7)
 
	7524
	175
	th
	Street
 
	Fresh
	Meadows, NY 11366
 
 | 
 
	16,667
 
 | 
 
	16,667
 
 | 
 
	33,334
 
 | 
 
	0.3%
 
 | 
 
	33,334
 
 | 
 
	0
 
 | 
| 
 
	Sirica,
	Evirdiki (7)
 
	7524
	175
	th
	Street
 
	Fresh
	Meadows, NY 11366
 
 | 
 
	16,667
 
 | 
 
	16,667
 
 | 
 
	33,334
 
 | 
 
	0.3%
 
 | 
 
	33,334
 
 | 
 
	0
 
 | 
| 
 
	Sirica,
	Katherine (7)
 
	7524
	175
	th
	Street
 
	Fresh
	Meadows, NY 11366
 
 | 
 
	16,666
 
 | 
 
	16,666
 
 | 
 
	33,332
 
 | 
 
	0.3%
 
 | 
 
	33,332
 
 | 
 
	0
 
 | 
| 
 
	Stoecklein
	Law Group (12)
 
	402
	West Broadway, Suite 400
 
	San
	Diego, CA 92101
 
 | 
 
	150,000
 
 | 
 
	0
 
 | 
 
	150,000
 
 | 
 
	1.3%
 
 | 
 
	150,000
 
 | 
 
	0
 
 | 
| 
 
	Valenti,
	Amy (4)
 
	103
	Lenox Road
 
	Wayne,
	NJ 07470
 
 | 
 
	5,000
 
 | 
 
	0
 
 | 
 
	5,000
 
 | 
 
	*
 
 | 
 
	5,000
 
 | 
 
	0
 
 | 
| 
 
	Wanstrath,
	Scott (13)
 
	138
	Vista Ridge Drive
 
	South
	Lebanon, OH
 
 | 
 
	50,000
 
 | 
 
	0
 
 | 
 
	50,000
 
 | 
 
	0.4%
 
 | 
 
	50,000
 
 | 
 
	0
 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
 
	*
	Denotes less than 0.0%.
	 
| 
 
	(1)  
 
 | 
 
	All
	shares owned in this column and all percentages are based on 11,443,100
	shares of common stock issued and outstanding on May 13, 2008; plus
	575,000
	 
	shares of common
	stock issuable upon exercise of warrants held by selling security
	holders.
 
 | 
 
	 
| 
 
	(2)  
 
 | 
 
	This
	table assumes that each security holder will sell all of its shares
	available for sale during the effectiveness of the registration statement
	that includes this prospectus.  Selling security holders are not
	required to sell their shares.  See “Plan of Distribution”
	beginning on page 14.
 
 | 
 
	 
| 
 
	(3)  
 
 | 
 
	Assumes
	that all shares registered for resale by this prospectus have been issued
	and sold.
 
 | 
 
	 
| 
 
	(4)  
 
 | 
 
	Diamond
	authorized the issuance of a total of 117,500 shares of its common stock
	as bonus compensation to its employees on January 20, 2008.  The
	shares are to be issued on a quarterly basis during the first two quarters
	of the 2008 fiscal year.
 
 | 
 
	 
| 
 
	(5)  
 
 | 
 
	Advanced
	Integrated Solutions, Inc. received 100,000 shares pursuant to a Debt
	Conversion Agreement.  Diamond agreed to issue 1 share of common
	stock for each $1 of debt outstanding to Advanced Integrated Solutions,
	Inc.  Mr. Hagop
	Beledankian
	has the authority to exercise dispositive and voting power over the shares
	of common stock owned by Advanced Integrated
	Solutions.
 
 | 
 
	 
	 
| 
 
	(6)  
 
 | 
 
	Mr.
	Ralph Amato served on Diamond’s Advisory Panel during 2007 and provided
	consulting work through his company Ventana Capital
	Partners.  Subsequent to the year ended December 31, 2007, Mr.
	Amato resigned from the Advisory Panel and no longer provides consulting
	services to Diamond.  Mr. Amato was granted 50,000 shares of
	common stock for his services on the Advisory
	Panel.
 
 | 
 
	 
| 
 
	(7)  
 
 | 
 
	Diamond
	conducted a private placement of its stock in April of 2007 whereby units
	of 25,000 shares and 25,000 warrants were offered to accredited
	investors.
 
 | 
 
	 
| 
 
	(8)  
 
 | 
 
	Artinian
	Co, Ltd. received 150,000 shares and 150,000 warrants exercisable at $1.50
	per share pursuant to a Debt Conversion Agreement.  Mr. Arto
	Artinian has the authority to exercise dispositive and voting power over
	the shares of common stock and warrants owned by Artinian Co.,
	Ltd.
 
 | 
 
	 
| 
 
	(9)  
 
 | 
 
	Hagop
	Baghdadlian serves on the Advisory Panel for Diamond and was granted
	50,000 shares of common stock for each year of his services on the
	panel.
 
 | 
 
	 
| 
 
	(10)  
 
 | 
 
	During
	the first quarter of 2008, Mr. Zareh Beylerian was appointed to Diamond’s
	Advisory Panel and 50,000 shares of common stock were granted for his
	services to be conducted during the 2008 year.  Mr. Beylerian
	elected to grant half of his shares to his wife, Nvair
	Beylerian.
 
 | 
 
	 
| 
 
	(11)  
 
 | 
 
	Diamond
	conducted a private placement of its common stock in January 2008 whereby
	Diamond sold common stock at a price of $1.00 for one share to accredited
	investors.
 
 | 
 
	 
| 
 
	(12)  
 
 | 
 
	Stoecklein
	Law Group was issued 150,000 shares pursuant to its retainer and in
	connection with legal services relating to the preparation of the S-1
	registration.  Mr. Donald J. Stoecklein has the authority to
	exercise dispositive and voting power over the shares of common stock and
	warrants owned by Stoecklein Law
	Group.
 
 | 
 
	 
| 
 
	(13)
	 
	 
 
 | 
 
	Scott
	Wanstrath served as Diamond’s President during 2007 but subsequent to the
	year ended December 31, 2007, he resigned.  Mr. Wanstrath was
	originally issued 250,000 shares held by Diamond’s CEO in connection with
	his employment agreement; however, upon Mr. Wanstrath’s resignation
	200,000 shares were cancelled as a result of the agreement not being
	completed to its full term.
 
 | 
 
	 
	Unless
	footnoted above, based on information provided to us, none of the selling
	security holders are affiliated or have been affiliated with any broker-dealer
	in the United States.  Except as otherwise provided in this
	prospectus, none of the selling security holders are affiliated or have been
	affiliated with us, any of our predecessors or affiliates during the past three
	years.
	This
	offering shall begin upon the date of this prospectus and will expire 12 months
	after the date of this prospectus.  We have not authorized any person
	to give any information or to make any representations in connection with
	this offering other than those contained in this prospectus and if given or
	made, that information or representation must not be relied on as having
	been authorized by us. This prospectus is not an offer to sell or a
	solicitation of an offer to buy any of the securities to any person in any
	jurisdiction in which that offer or solicitation is unlawful. Neither
	the delivery of this prospectus nor any sale hereunder shall under
	any circumstances, create any implication that the information in this
	prospectus is correct as of any date later than the date of this
	prospectus. Any purchases made by officers, directors, and their affiliates
	shall be for investment purposes and not for resale. In addition, no
	proceeds from this offering will be used to finance any such
	purchases. Purchasers of share either in this offering or in any subsequent
	trading market that may develop must be residents of states in which the
	securities are registered or exempt from registration. Some of the
	exemptions are self-executing, that is to say that there are no notice or
	filing requirements, and compliance with the conditions of the exemption
	renders the exemption applicable.
	Shares
	Offered by Selling Security Holders
	As
	of the date of this prospectus, we have not been advised by the selling security
	holders as to any plan of distribution.  The prices at which the
	selling security holders may sell the shares has arbitrarily been determined to
	be at $1.00 per share or until a market price for the shares is determined upon
	quotation on the OTC Bulletin Board or listed on a securities
	exchange.  Distributions of the shares by the selling security
	holders, or by their partners, pledgees, donees (including charitable
	organizations), transferees or other successors in interest, may from time to
	time be offered for sale either directly by such individual, or through
	underwriters, dealers or agents or on any exchange on which the shares may from
	time to time be traded, in the over-the-counter market, or in independently
	negotiated transactions or otherwise.  The selling stockholders have
	the sole and absolute discretion not to accept any purchase offer or make any
	sale of shares if they deem the purchase price to be unsatisfactory at any
	particular time.  The methods by which the shares may be sold
	include:
	 
| 
 
	·  
 
 | 
 
	a
	block trade (which may involve crosses) in which the broker or dealer so
	engaged will attempt to sell the securities as agent but may position and
	resell a portion of the block as principal to facilitate the
	transaction;
 
 | 
 
| 
 
	·  
 
 | 
 
	purchases
	by a broker or dealer as principal and resale by such broker or dealer for
	its own account pursuant to this
	prospectus;
 
 | 
 
| 
 
	·  
 
 | 
 
	exchange
	distributions and/or secondary
	distributions;
 
 | 
 
| 
 
	·  
 
 | 
 
	sales
	in the over-the-counter market;
 
 | 
 
| 
 
	·  
 
 | 
 
	underwritten
	transactions;
 
 | 
 
| 
 
	·  
 
 | 
 
	ordinary
	brokerage transactions and transactions in which the broker solicits
	purchasers; and
 
 | 
 
| 
 
	·  
 
 | 
 
	privately
	negotiated transactions.
 
 | 
 
	If
	a trading market for our common stock develops, the selling security holders may
	also sell the shares directly to market makers acting as principals and/or
	broker-dealers acting as agents for themselves or their customers. Such
	broker-dealers may receive compensation in the form of discounts, concessions or
	commissions from the selling security holders and/or the purchasers of shares
	for whom such broker-dealers may act as agents or to whom they sell as
	principal, or both, which compensation as to a particular broker-dealer might be
	in excess of customary commissions. Market makers and block purchasers
	purchasing the shares will do so for their own account and at their own
	risk. It is possible that a selling security holder will attempt to sell
	shares of common stock in block transactions to market makers or other
	purchasers at a price per share which may be below the then market
	price. We cannot assure you that all or any of the shares offered by this
	prospectus will be issued to, or sold by, the selling security
	holders.  The selling security holders and any brokers, dealers or
	agents, upon affecting the sale of any of the shares offered by this prospectus,
	may be deemed "underwriters" as that term is defined under the Securities Act or
	the Securities Exchange Act of 1934, or the rules and regulations
	thereunder.
	The
	selling security holders, alternatively, may sell all or any part of the shares
	offered by this prospectus through an underwriter. No selling security holder
	has entered into an agreement with a prospective underwriter. If a selling
	security holder enters into such an agreement or agreements, the relevant
	details will be set forth in a supplement or revision to this
	prospectus.
	The
	selling security holders and any other persons participating in the sale or
	distribution of the shares will be subject to applicable provisions of the
	Securities Exchange Act of 1934 and the rules and regulations thereunder,
	including, without limitation, Regulation M, which may restrict certain
	activities of, and limit the timing of purchases and sales of any of the shares
	by the selling stockholders or any other such person.  Furthermore,
	under Regulation M, persons engaged in a distribution of securities are
	prohibited from simultaneously engaging in market making and certain other
	activities with respect to
	such
	securities for a specified period of time prior to the commencement of such
	distributions, subject to specified exceptions or exemptions. All of these
	limitations may affect the marketability of the shares.
	Under
	the regulations of the Securities Exchange Act of 1934, any person engaged in a
	distribution of the shares offered by this prospectus may not simultaneously
	engage in market making activities with respect to our common stock during the
	applicable "cooling off" periods prior to the commencement of such
	distribution.  In addition, and without limiting the foregoing, the
	selling security holders will be subject to applicable provisions, rules and
	regulations of the  Securities Exchange Act of 1934 and the rules and
	regulations thereunder, which provisions may limit the timing of purchases and
	sales of common stock by the selling security holders.
	We
	have advised the selling stockholders that, during such time as they may be
	engaged in a distribution of any of the shares we are registering on their
	behalf in this registration statement, they are required to comply with
	Regulation M as promulgated under the Securities Exchange Act of
	1934.  In general, Regulation M precludes any selling security holder,
	any affiliated purchasers and any broker-dealer or other person who participates
	in such distribution from bidding for or purchasing, or attempting to induce any
	person to bid for or purchase, any security which is the subject of the
	distribution until the entire distribution is complete.  Regulation M
	defines a "distribution" as an offering of securities that is distinguished from
	ordinary trading activities by the magnitude of the offering and the presence of
	special selling efforts and selling methods.  Regulation M also
	defines a "distribution participant" as an underwriter, prospective underwriter,
	broker, dealer, or other person who has agreed to participate or who is
	participating in a distribution.  Our officers and directors, along
	with affiliates, will not engage in any hedging, short, or any other type of
	transaction covered by Regulation M.  Regulation M prohibits any bids
	or purchases made in order to stabilize the price of a security in connection
	with the distribution of that security, except as specifically permitted by Rule
	104 of Regulation M.  These stabilizing transactions may cause the
	price of the common stock to be higher than it would otherwise be in the absence
	of those transactions.  We have advised the selling security holders
	that stabilizing transactions permitted by Regulation M allow bids to purchase
	our common stock so long as the stabilizing bids do not exceed a specified
	maximum, and that Regulation M specifically prohibits stabilizing that is the
	result of fraudulent, manipulative, or deceptive practices.  Selling
	security holders and distribution participants will be required to consult with
	their own legal counsel to ensure compliance with Regulation M.
	Listing
	and Trading of the Diamond Shares
	There is currently no public market for
	Diamond shares.  Upon completion of this registration, our shares will
	not initially qualify for trading on any national or regional stock exchange or
	on the NASDAQ Stock Market.  Following an effective registration, we
	intend to apply through a market maker to have our shares included on the OTC
	Bulletin Board.  We will also attempt to have one or more
	broker-dealers agree to serve as market makers and quote our shares, if our
	application for trading is successful.  However, we have no present
	arrangement or agreement with any broker-dealer to serve as a market maker for
	our common shares, and we can offer no assurances that any market for our common
	shares will develop.  Even if a market develops for our shares, we can
	offer no assurances that the market will be active, or that it will afford our
	stockholders an avenue for selling their shares.  Many factors will
	influence the market price for our common shares, including the depth and
	liquidity of the market which develops, investor perception of our business,
	general market conditions, and our growth prospects.
	Although currently there is no public
	trading market for Diamond shares, we believe a market could develop if our
	request for inclusion by a market maker on the OTC Bulletin Board is
	successful.  Diamond shares after an effective registration will be
	freely transferable, except for shares received by persons who may be deemed to
	be affiliates of Diamond under the Securities Act of 1933.
	 
	Persons
	who may be deemed to be affiliates of Diamond after the registration generally
	include individuals or entities that control, are controlled by, or are under
	common control with Diamond and may include certain directors, officers, and
	significant stockholders of Diamond.  Persons who are affiliates of
	Diamond will be permitted to sell their shares only pursuant to an effective
	registration statement under the Securities Act or an exemption from the
	registration requirements of the Securities Act, such as the exemptions afforded
	by Section 4(1) of the Securities Act and the provisions of Rule 144
	thereunder.
	There can be no assurance as to whether
	the Diamond shares will be actively traded or as to the price at which the
	shares will trade.  Some shareholders who receive Diamond shares may
	decide that they do not want shares in a company involved in the jewelry
	industry and may sell their Diamond shares following an effective
	registration.  This may delay the development of an orderly trading
	market in Diamond shares for a period.  Until an orderly market
	develops, the prices at which Diamond shares trade may fluctuate significantly
	and may be lower than the price that would be expected for a fully distributed
	issue.  Prices for our shares will be determined in the marketplace
	and may be influenced by many factors, including the depth and liquidity of the
	market for our shares, our results of operations, what investors think of our
	business, and changes in general economic market conditions.
	Penny
	Stock Regulations
	Our
	common stock will be considered a "penny stock" as defined by Section 3(a)(51)
	and Rule 3a51-1 under the Securities Exchange Act of 1934. A penny stock is any
	stock that:
| 
	 
 | 
 
	·
 
 | 
 
	sells
	for less than $5 a share,
 
 | 
| 
	 
 | 
 
	·
 
 | 
 
	is
	not listed on an exchange, and
 
 | 
| 
	 
 | 
 
	·
 
 | 
 
	is
	not a stock of a "substantial
	issuer."
 
 | 
 
	Currently,
	we are not a "substantial issuer" and cannot become one until we have net
	tangible assets of at least $5 million, which we do not now have.
	Statutes
	and SEC regulations impose strict requirements on brokers that recommend penny
	stocks. Before a broker-dealer can recommend and sell a penny stock to a new
	customer who is not an institutional accredited investor, the broker-dealer must
	obtain from the customer information concerning the person's financial
	situation, investment experience and investment objectives. Then, the
	broker-dealer must "reasonably determine"
| 
	 
 | 
 
	·
 
 | 
 
	that
	transactions in penny stocks are suitable for the person
	and
 
 | 
| 
	 
 | 
 
	·
 
 | 
 
	the
	person, or his/her advisor, is capable of evaluating the risks in penny
	stocks.
 
 | 
 
	After
	making this determination, the broker-dealer must furnish the customer with a
	written statement describing the basis for this suitability determination. The
	customer must sign and date a copy of the written statement and return it to the
	broker-dealer.  Finally the broker-dealer must also obtain from the
	customer a written agreement to purchase the penny stock, identifying the stock
	and the number of shares to be purchased.  Compliance with these
	requirements can often delay a proposed transaction and can result in many
	broker-dealer firms adopting a policy of not allowing their representatives to
	recommend penny stocks to their customers.
	Another
	SEC rule requires a broker-dealer that recommends the sale of a penny stock to a
	customer to furnish the customer with a "risk disclosure document." This
	document includes a description of the penny stock market and how it functions,
	its inadequacies and shortcomings, and the risks
	 associated
	with investments in the penny stock market.  The broker-dealer must
	also disclose the stock's bid and ask price information and the dealer's and
	salesperson's compensation for the proposed transaction.  Finally, the
	broker-dealer must furnish the customer with a monthly statement including
	specific information relating to market and price information about the penny
	stocks held in the customer's account.
	The
	above penny stock regulatory scheme is a response by the Congress and the SEC to
	abuses in the marketing of low-priced securities by "boiler room"
	operators.  The scheme imposes market impediments on the sale and
	trading of penny stocks.  It limits a stockholder's ability to resell
	a penny stock.
	Our
	management believes that the market for penny stocks has suffered from patterns
	of fraud and abuse. Such patterns include:
| 
	 
 | 
 
	·
 
 | 
 
	Control
	of the market for the security by one or a few broker-dealers that are
	often related to the promoter or
	issuer;
 
 | 
 
| 
	 
 | 
 
	·
 
 | 
 
	Manipulation
	of prices through prearranged matching of purchases and sales and false
	and misleading press releases;
 
 | 
 
| 
	 
 | 
 
	·
 
 | 
 
	"Boiler
	room" practices involving high pressure sales tactics and unrealistic
	price projections by inexperienced sales
	persons;
 
 | 
 
| 
	 
 | 
 
	·
 
 | 
 
	Excessive
	and undisclosed bid-ask differentials and markups by selling
	broker-dealers; and
 
 | 
 
| 
	 
 | 
 
	·
 
 | 
 
	Wholesale
	dumping of the same securities by promoters and broker-dealers after
	prices have been manipulated to a desired level, along with the inevitable
	collapse of those prices with consequent investor
	losses.
 
 | 
 
	State
	Securities – Blue Sky Laws
	There
	is no established public market for our common stock, and there can be no
	assurance that any market will develop in the foreseeable future. Transfer of
	our common stock may also be restricted under the securities laws or securities
	regulations promulgated by various states and foreign jurisdictions,
	commonly referred to as "Blue Sky" laws. Absent compliance with such individual
	state laws, our common stock may not be traded in such jurisdictions. Because
	the securities registered hereunder have not been registered for resale under
	the blue sky laws of any state, the holders of such shares and persons who
	desire to purchase them in any trading market that might develop in the future,
	should be aware that there may be significant state blue-sky law restrictions
	upon the ability of investors to sell the securities and of purchasers to
	purchase the securities. Accordingly, investors may not be able to liquidate
	their investments and should be prepared to hold the common stock for an
	indefinite period of time.
	DESCRIPTION
	OF SECURITIES
 
	Common
	Stock
	Our certificate of incorporation
	authorizes the
	 
	issuance of 25,000,000
	shares of common stock, $0.001 par value per share, of which 11,443,100 shares
	were outstanding as of May 13, 2008. Holders of common stock have no cumulative
	voting rights. Holders of shares of common stock are entitled to
	share
	 ratably
	in dividends, if any, as may be declared, from time to time by the board of
	directors in its discretion, from funds legally available to be
	distributed.  In the event of a liquidation, dissolution or winding up
	of Diamond, the holders of shares of common stock are entitled to share pro rata
	all assets remaining after payment in full of all liabilities. Holders of common
	stock have no preemptive rights to purchase our common stock.  There
	are no conversion rights or redemption or sinking fund provisions with respect
	to the common stock.  Our counsel, Stoecklein Law Group, has opined
	that all of the outstanding shares of common stock are presently authorized,
	validly issued, fully paid and non-assessable.  Furthermore, the
	entire legal opinion given by Stoecklein Law Group can be viewed in its entirety
	as Exhibit 5 to this prospectus.
	Preferred
	Stock
	Our board of directors is authorized
	(by resolution and by filing an amendment to our certificate of incorporation
	and subject to limitations prescribed by the New Jersey Business Corporation
	Act) to issue from time to time, shares of Preferred stock in one or more
	series, to establish from time to time the number of shares to be included in
	each series and to fix the designation, powers, preferences and other rights of
	the shares of each such series and to fix the qualifications, limitations and
	restrictions thereon, including, but without limiting the generality of the
	foregoing, the following:
| 
 
	·  
 
 | 
 
	the
	number of shares constituting that series and the distinctive designation
	of that series;
 
 | 
 
| 
 
	·  
 
 | 
 
	the
	dividend rate on the shares of a series, whether dividends are cumulative,
	and if so, from which date or dates, and the relative rights of priority,
	if any, of payment of dividends on shares of that
	series;
 
 | 
 
| 
 
	·  
 
 | 
 
	whether
	a series has voting rights, in addition to voting rights provided by law,
	and if so, the terms of those voting
	rights;
 
 | 
 
| 
 
	·  
 
 | 
 
	whether
	that series has conversion privileges, and if so, the terms and conditions
	of conversion, including provisions for adjusting the conversion rate in
	such events as our board of directors
	determines;
 
 | 
 
| 
 
	·  
 
 | 
 
	whether
	or not the shares of a series are redeemable, and if so, the terms and
	conditions of redemption, including the date upon or after which they are
	redeemable, and the amount per share payable in case of redemption, which
	may vary under different conditions and at different redemption
	dates;
 
 | 
 
| 
 
	·  
 
 | 
 
	whether
	a series has a sinking fund for the redemption or purchase of shares of a
	series , and if so, the terms and amount relating to that sinking
	fund;
 
 | 
 
| 
 
	·  
 
 | 
 
	the
	rights of the shares of a series that in event of voluntary or involuntary
	liquidation, dissolution or winding up of the Company, and the relative
	rights of priority, if any, of payment of shares of that series;
	and
 
 | 
 
| 
 
	·  
 
 | 
 
	any
	other relative powers, preferences and rights of a series and
	qualifications, limitations or restrictions of a
	series.
 
 | 
 
	One of the effects of undesignated
	preferred stock may be to enable the board of directors to render more difficult
	or to discourage an attempt to obtain control of us by means of a tender offer,
	proxy contest, merger or otherwise, and thereby to protect the continuity of our
	management. The issuance of shares of preferred stock pursuant to the board of
	director’s authority described above may adversely affect the rights of holders
	of common stock. For example, preferred stock issued by us may rank prior to the
	common stock as to dividend rights, liquidation preference or both, may have
	full or limited voting rights and may be convertible into shares of common
	stock. Accordingly, the issuance of shares of preferred stock may discourage
	bids for the common stock at a premium or may otherwise adversely affect the
	market price of the common stock.
	 
	 
	Transfer
	Agent
	The Company has engaged Pacific Stock
	Transfer Company, to act as their transfer agent.
	INTEREST
	OF NAMED EXPERTS AND COUNSEL
 
	The financial statements of Diamond as
	of December 31, 2007 and December 31, 2006 are included in this prospectus and
	have been audited by Moore Stephens, P.C., an independent registered public
	accounting firm, as set forth in their report appearing elsewhere in this
	prospectus and are included in reliance upon such reports given upon the
	authority of such firm as an expert in accounting and auditing.
	The legality of the shares offered
	hereby will be passed upon for us by Stoecklein Law Group, 402 West Broadway,
	Suite 690, San Diego, California 92101.
	Neither of Moore Stephens nor
	Stoecklein Law Group has been hired on a contingent basis, will receive a direct
	or indirect interest in Diamond, other than the issuance to Stoecklein Law Group
	of 250,000 shares pursuant to its retainer agreement, or have been a promoter,
	underwriter, voting trustee, director, officer, or employee of
	Diamond.
	POSITION
	ON INDEMNIFICATION FOR SECURITIES ACT LIABILITIES
 
	No
	director of Diamond will have personal liability to us or any of our
	shareholders for monetary damages for breach of fiduciary duty as a director
	involving any act or omission of any director since provisions have been made in
	our certificate of incorporation limiting liability. The foregoing provisions
	shall not eliminate or limit the liability of a director for:
	·
	           any
	breach of the director’s duty of loyalty to us or our shareholders
| 
 
	 
 
 | 
 
	·
 
 | 
 
	acts
	or omissions not in good faith or, which involve intentional misconduct or
	a knowing violation of law
 
 | 
 
	·
	           for
	any transaction from which the director derived an improper personal
	benefit.
	Our
	Bylaws provide for indemnification of our directors, officers, and employees to
	the fullest extent possible from and against any and all claims of any type
	arising from or related to future acts or omissions as a director, officer, and
	employees if they were not engaged in willful misfeasance or malfeasance in the
	performance of their duties; provided that in the event of a settlement the
	indemnification will apply only when the board of directors approves settlement
	and reimbursement as being for our best interests.
	Our
	officers and directors are accountable to us as fiduciaries, which means they
	are required to exercise good faith and fairness in all dealings affecting
	Diamond. In the event that a shareholder believes the officers and/or directors
	have violated their fiduciary duties, the shareholder may, subject to applicable
	rules of civil procedure, be able to bring a class action or derivative suit to
	enforce the shareholder’s rights, including rights under federal and state
	securities laws and regulations to recover damages from and require an
	accounting by management. Shareholders, who have suffered losses in connection
	with the purchase or sale of their interest in Diamond in connection with a sale
	or purchase, including the misapplication by any officer or director of the
	proceeds from the sale of these securities, may be able to recover losses from
	us.
	 
	 
	We undertake the
	following
	:
	Insofar
	as indemnification for liabilities arising under the Securities Act of 1933 (the
	“Act”) may be permitted to our directors, officers and controlling persons
	pursuant to the foregoing provisions, or otherwise, we have been advised that in
	the opinion of the Securities and Exchange Commission this type of
	indemnification is against public policy as expressed in the Act and is,
	therefore, unenforceable.
	Business
	Development
	Diamond Information Institute, Inc. was
	incorporated in the State of New Jersey in October of 1988 and had minimal
	activity until 1995 when it began in the business of jewelry
	manufacturing.  Diamond has been engaged in the design and manufacture
	of upscale jewelry since 1995 through its tradename of the “Bergio”
	line.  In 2002, Diamond launched its “Bergio Bridal
	Collection”.
	Business
	of Issuer
	Diamond is entering into its 19
	th
	year of
	operations and concentrates on boutique, upscale jewelry
	stores.  Diamond currently sells its jewelry to approximately 150
	independent jewelry retailers across the United States and has spent over $3
	million in branding the Bergio name through tradeshows, trade advertising,
	national advertising and billboard advertising since launching the line in
	1995.  Diamond has manufacturing control over its line as a result of
	having a manufacturing facility in New Jersey as well as subcontracts with
	facilities in Italy and Bangkok.
	Diamond has historically sold its
	products directly to distributors, retailers and other wholesalers, who then in
	turn sell their products to consumers through retail
	stores.  Independent retail jewelers that offer the Bergio line are
	not under formal contracts and most sell competing products.  Diamond
	acquires all raw gemstones, precious metals and other raw materials used for
	manufacturing its products on the open market.  Diamond is not
	constrained in its purchasing by any contracts with any suppliers and acquires
	raw material based upon, among other things, availability and price on the open
	wholesale market.
	Industry
	Background
	 
	The
	manufacturing and retail jewelry business is fragmented and subject to
	increasingly intense competition.  Jewelry manufacturing consists of
	buying raw materials, designing samples, arranging for jewelry to be made from
	these materials, and finally marketing of finished products to wholesalers and
	retailers.  Diamond’s management estimates that the jewelry
	manufacturing industry is largely comprised of privately held companies, much of
	which are believed to be family owned and operated.  Design
	manufacturers wholesale to retail jewelry stores and large
	retailers.  Common industry practice is for design manufacturers to
	provide 90 day financing and allow exchanges for slow moving merchandise with
	the retailers, thereby causing a constant negative cash flow position for most
	design manufacturers.  As a result of this scenario, most design
	manufacturers establish bank lines of credit to facilitate the manufacture and
	production of their jewelry lines.
	The success of the jewelry industry is
	affected by trends in the general economy because jewelry purchases are
	considered discretionary.  Adverse trends in the general economy such
	as the economic condition and perceptions of such conditions by consumers,
	employment rates, the level of consumers’
	 
	 
	disposable
	income, business conditions, interest rates, consumer debt levels, availability
	of credit and levels of taxation all may affect the jewelry industry and its
	consumers.
	Principal
	Products
	Diamond’s
	products consist of a wide range of unique styles and designs made from precious
	metals such as gold, platinum and Karat gold, as well as diamonds and other
	precious stones.  We continuously innovate and change our designs
	based upon consumer trends and as a result of new designs being created we
	believe we are able to differentiate ourselves and strengthen our
	brands.  We sell our products to our customers at price points that
	reflect the market price of the base material plus a mark up reflecting our
	design fee and processing fees.
	Each
	year, most jewelry manufacturers bring new products to market. Diamond considers
	itself to be a trendsetter in the jewelry manufacturing.  As a result,
	Diamond comes out with a variety of products throughout the year that it
	believes have commercial potential to meet what it feels are new trends within
	the industry.  The “Bergio” designs consist of upscale jewelry that
	includes white diamonds, yellow diamonds, pearls, and colored stones, in 18K
	gold, platinum, and palladium.  We currently design and produce
	approximately 50 to 75 product styles.  Prices for our products range
	from $400 to $200,000.
	Diamond’s
	product range is divided into three fashion lines: (i) 18K gold line, (ii) a
	bridal line, and (iii) a couture and/or one of kind pieces. Mr. Abajian consults
	regularly with the design teams of his Italian manufacturers, which usually
	results in a constant continuation of new products and sometimes entire lines
	being developed.  Typically, new products come on line approximately
	every 3 months and most recently, Diamond introduced its latest collection
	“Power in Pink”, which launched in April of this year and consists of
	approximately 35 pieces made with pink gold and diamonds.  Depending
	on the timing and styling at any point in time, Diamond’s products and
	collections would fall in one the various categories shown below:
| 
 
	1.  
 
 | 
 
	Whimsical.
	The whimsical line includes charms, crosses and other “add-on”
	pieces.
 
 | 
 
| 
 
	2.  
 
 | 
 
	Middle.
	The proposed middle line will consist of fashion jewelry utilizing colored
	stones, diamonds and pearls applied to a variety of applications such as
	necklaces, pendants, earrings, bracelets and rings. The metals that
	Diamond intends to use for the Middle line include platinum, 18K white
	& yellow gold.
 
 | 
 
| 
 
	3.  
 
 | 
 
	Couture.
	The Couture line is Diamond’s most luxurious line, and consists of one of
	a kind pieces, new showcase products each year, and predominantly utilizes
	diamonds, platinum and other precious metals and stones of the highest
	grade and quality available.
 
 | 
 
| 
 
	4.  
 
 | 
 
	Bridal.
	The Bridal line is Diamond’s core business. Diamond attempts to stay on
	the forefront of trends and designs in the bridal market with the latest
	in wedding sets, engagement rings and wedding bands for both men and
	women.
 
 | 
 
	Each
	year, Diamond attempts to expand and/or enhance these lines, while constantly
	seeking to identify trends that it believes exist in the market for new styles
	or types of merchandise.  Design and innovation are the primary focus
	of Diamond’s manufacturing and it is less concerned with the supply and capacity
	of raw materials.  Over the last 19 years, Mr. Abajian has been the
	primary influencer over the Bergio collections.  Mr. Abajian with his
	contacts, which are located mostly overseas, regularly meet to discuss,
	conceptualize and develop Bergio’s various products and
	collections.  When necessary, additional suppliers and design teams
	can be brought in as the market needs dictate. Management intends
	 
	 
	 to
	maintain a diverse line of jewelry to mitigate concentration of sales and
	continuously expand its market reach.
	Most of the inventory and raw materials
	purchased by Diamond occur through its manufacturers located in
	Europe.  The inventory that is directly maintained by the company is
	loosely based on recent sales and revenues of Diamond’s products but ultimately
	is at the discretion of Mr. Abajian and his experience in the
	industry.  The entire inventories kept on hand by Diamond are
	commodities that can be incorporated into future products or can be sold on the
	open market.  Additionally, Diamond performs physical inventory
	inspections on a quarterly basis to assess upcoming styling needs and consider
	the current pricing in metals and stones needed for its products.
	Typically,
	the age and standing of our accounts receivable is from 30 to 120
	days.  However, during the year ended December 31, 2007, Diamond did
	experience an increase in accounts receivable going past 120 days most likely
	attributable to the current economic climate, as retailers and dealers have
	needed to take longer periods of time to settle their
	accounts.  Diamond also experienced an inventory write-down in 2007,
	which was prompted by the refinement of cost and quantity on hand data
	attributed to the conversion of the Company’s books and records to new
	accounting software in early 2007.  It is believed the new software is
	a more versatile system and Diamond does not anticipate similar inventory
	write-downs in the future.
	During the year ended December 31,
	2007, Diamond had unusually high administrative costs as a result of a failed
	merger.  As a result Diamond authorized the conversion of its debt
	into the Company’s common stock with two of its vendors.  This is
	considered an unusual method of payment for Diamond but management felt it
	prudent to use alternative financial tools to preserve some of its cash flow
	during this time period.
	Distribution
	Methods and Marketing
	Diamond continues to devote its efforts
	towards brand development and utilizes marketing concepts in an attempt to
	enhance the marketability of its products.  During the past several
	years, Diamond has carried out its brand development strategy based on its
	product quality and design excellence, which is highlighted through the
	company’s sales personnel.  Diamond has established significant
	networks and relationships with retailers which allow our products to be
	promoted and sold nationwide.  Diamond maintains a broad base of
	customers and concentrates on retailers that sell fashionable and high end
	jewelry.  Diamond also works with its customers to adjust product
	strategies based on the customer’s feedback to try and decrease the likelihood
	of overstocked or undesired products.
	Diamond
	intends to further promote its products and brand by participating in trade
	shows and various exhibitions, consumer and trade advertisements, billboard
	advertisements, as well as make specialty appearances in retail stores carrying
	the company’s products.
	Sources
	and Availability of Raw Materials and Principal Suppliers
	Approximately 80% of Diamond’s product
	line is contracted to manufacturing suppliers in Italy, who then procure the raw
	materials in accordance with the specifications and designs submitted by
	Diamond.  However, the general supply of precious metals and stones
	used by Diamond can be reasonably forecast even though the prices will fluctuate
	often.  Any price differentials in the precious metals and stones will
	typically be passed on to the customer.
	For the raw materials not procured by
	contracted manufacturers, Diamond has approximately 5 suppliers that compete for
	their business, with the Company’s largest gold suppliers being ASD Casting,
	Century Casting and Metro Gold.  Most of the Company’s precious stones
	are purchased from C. Mahandra & Sons and EFD.  We do not have any
	formal agreements with any of our suppliers but have established an ongoing
	relationship with each of our suppliers.
	Customers
	Diamond had one customer, Western
	Stones and Metals, during the year ended December 31, 2007, that accounted for
	approximately 9% of its annual sales.  However, Diamond did not have
	any other single customer that represented 5% or more of its annual sales and
	therefore is not dependent on any specific customers.  Additionally,
	Diamond anticipates that Western Stones and Metals, may account for more than 5%
	(expected to account for approximately 7%) of our annual sales for the year
	ended December 31, 2008 based on recent orders placed and our current
	projections.
	Intellectual
	Property
	Bergio is a federally registered
	trademarked name owned by Diamond.  Since the first trademark of
	“Bergio” was filed all advertising, marketing, trade shows and overall
	presentation of the Company’s product to the public has prominently displayed
	this trademark.  As additional lines are designed and added to the
	Company’s products, the Company may trademark new names to distinguish the
	particular products and jewelry lines.
	Personnel
	At
	December 31, 2007, Diamond had 8 full-time employees and 1 part-time
	employee.  Of Diamond’s current employees, 2 are sales and marketing
	personnel, 5 are manufacturing and 2 hold administrative and executive
	positions.  No personnel are covered by a collective bargaining
	agreement.  Diamond, Inc.'s relationship with its employees is
	believed to be good.  We intend to use the services of independent
	consultants and contractors when possible or until we are able to hire personnel
	in house.
	Competition
	The
	jewelry design and manufacturer’s industry is extremely competitive and has low
	barriers to entry.  Diamond competes with other jewelry design and
	manufacturers of upscale jewelry to the retail jewelry stores.  There
	are over 4,000 jewelry design and manufacturer’s companies, several of which
	have greater experience, brand name recognition and financial resources than
	Diamond.  You are urged to review the risk factor addressing
	competition.
	Environmental
	Regulation and Compliance
	The United States environmental laws do
	not materially impact Diamond’s manufacturing operations as a result of having a
	large majority of the its jewelry manufacturing being conducted
	overseas.  In fact, approximately 80% of Diamond’s manufacturing is
	contracted to quality suppliers in the vicinity of Valenza, Italy with the
	remaining 20% of setting and finishing work being conducted in Diamond’s New
	Jersey facility.  The setting and finishing work done in its New
	Jersey facility involves the use of precision lasers, which use soap and water
	rather than soldering.  Also a standard polishing compound is used for
	the finishing work but it does not have a material impact on Diamond’s cost and
	effect of compliance with environmental laws.
	Government
	Regulation
	Currently,
	Diamond is subject to all of the government regulations that regulate businesses
	generally such as compliance with regulatory requirements of federal, state, and
	local agencies and authorities, including regulations concerning workplace
	safety, labor relations, and disadvantaged businesses.   In
	addition, the Company’s operations are affected by federal and state laws
	relating to marketing practices in the retail jewelry industry. Diamond is
	subject to the jurisdiction of federal, various state and other taxing
	authorities.  From time to time, these taxing authorities review or audit
	the Company.
	Currently,
	Diamond has a 2,700 square feet design and manufacturing facility located in
	Fairfield, New Jersey, which is currently being leased until August 31,
	2010.  Diamond also rents office space at this
	facility.  Diamond pays approximately $2,145 per
	month.  During 2006, our CEO, Mr. Abajian also operated a small office
	out of his home whereby we paid $7,000 in rent to him.  Mr. Abajian no
	longer maintains this office.  Since a majority of the manufacturing
	is conducted by sub-contractors in Italy, the current space is presently
	adequate for the performance of all company functions, which includes minimal
	manufacturing, design and administrative needs.
	Additionally,
	Diamond anticipates opening additional offices and/or design facilities in other
	locations as it continues to implement its business plan throughout the United
	States, with the most likely areas being Las Vegas and New York
	City.  At the current time, the Company’s expansion plans are in the
	preliminary stages with no formal negotiations being conducted.  Most
	likely no expansions will take place until additional revenues can be achieved
	or additional capital can be raised to help offset the costs associated with any
	expansion.
	 Diamond
	is and may become involved in various routine legal proceedings incidental to
	its business. However, to Diamond’s knowledge as of the date of this prospectus,
	there are no material pending legal proceedings to which Diamond is a party or
	to which any of its property is subject.
	MARKET
	FOR COMMON EQUITY AND RELATED SHAREHOLDER MATTERS
 
	(a)
	Market Information
	There is not presently, nor has there
	ever been, a public trading market for our common stock.  It is
	anticipated that following an effective registration, we will submit an
	application to a market maker to have our shares quoted on the OTC Bulletin
	Board.  Our market maker’s application to FINRA will consist of
	current corporate information, financial statements and other documents required
	by Rule 15c2-11 of the Securities Exchange Act of 1934
	Inclusion on the OTC Bulletin Board
	permits price quotations for our shares to be published by that
	service.  Although we intend to submit an application to a market
	maker for the OTC Bulletin Board subsequent to the filing of this registration
	statement, we do not anticipate our shares to immediately be traded in the
	public market. Also, secondary trading of our shares may be subject to certain
	state imposed restrictions. Except for the application submitted to a market
	maker for the OTC Bulletin Board, there are no plans, proposals, arrangements or
	understandings with any person concerning the development of a
	 trading
	market in any of our securities.  There can be no assurance that our
	shares will be accepted for trading on the OTC Bulletin Board or any other
	recognized trading market.  Also, there can be no assurance that a
	public trading market will develop following the registration or at any other
	time in the future or, if such a market does develop, that it can be
	sustained.
	           
	Without an active public trading market, a shareholder may not be able to
	liquidate their shares. If a market does develop, the price for our securities
	may be highly volatile and may bear no relationship to our actual financial
	condition or results of operations.  Factors we discuss in this
	prospectus, including the many risks associated with an investment in our
	securities, may have a significant impact on the market price of our common
	stock.
	           
	The ability of individual shareholders to trade their shares in a particular
	state may be subject to various rules and regulations of that
	state.  A number of states require that an issuer's securities be
	registered in their state or appropriately exempted from registration before the
	securities are permitted to trade in that state.  Presently, we have
	no plans to register our securities in any particular state.
	Initially it is unlikely that our
	securities will qualify for any national or regional exchange or on The NASDAQ
	Stock Market.  Therefore, our shares most likely will be subject to
	the provisions of Section 15(g) and Rule 15g-9 of the Exchange Act, commonly
	referred to as the “penny stock” rule. Section 15(g) sets forth certain
	requirements for broker-dealer transactions in penny stocks and Rule 15g-9(d)(1)
	incorporates the definition of penny stock as used in Rule 3a51-1 of the
	Exchange Act.
	           
	The SEC generally defines a penny stock to be any equity security that has a
	market price less than $5.00 per share, subject to certain
	exceptions.  Rule 3a51-1 provides that any equity security is
	considered to be a penny stock unless that security is: registered and traded on
	a national securities exchange meeting specified criteria set by the SEC;
	authorized for quotation on The NASDAQ Stock Market; issued by a registered
	investment company; excluded from the definition on the basis of price (at least
	$5.00 per share) or the issuer's net tangible assets; or exempted from the
	definition by the SEC.  Broker-dealers who sell penny stocks to
	persons other than established customers and accredited investors (generally
	persons with assets in excess of $1,000,000 or annual income exceeding $200,000,
	or $300,000 together with their spouse) are subject to additional sales practice
	requirements.
	   For transactions
	covered by these rules, broker-dealers must make a special suitability
	determination for the purchase of such securities and must have received the
	purchaser's written consent to the transaction prior to the
	purchase.  Additionally, for any transaction involving a penny stock,
	unless exempt, the rules require the delivery, prior to the first transaction,
	of a risk disclosure document relating to the penny stock market.  A
	broker-dealer also must disclose the commissions payable to both the
	broker-dealer and the registered representative, and current quotations for the
	securities.  Finally, monthly statements must be sent to clients
	disclosing recent price information for the penny stocks held in the account and
	information on the limited market in penny stocks.  Consequently,
	these rules may restrict the ability of broker-dealers to trade and/or maintain
	a market in our common stock and may affect the ability of stockholders to sell
	their shares.  These requirements may be considered cumbersome by
	broker-dealers and could impact the willingness of a particular broker-dealer to
	make a market in our shares, or they could affect the value at which our shares
	trade.  Classification of the shares as penny stocks increases the
	risk of an investment in our shares.
	(b)
	Holders of Common Stock
	As of May 13, 2008, we had
	approximately 31 shareholders of record of the 11,443,100 shares
	outstanding.
	 
	 
	(c)
	Dividends
	The
	payment of dividends is subject to the discretion of our Board of Directors and
	will depend, among other things, upon our earnings, our capital requirements,
	our financial condition, and other relevant factors.  In the future we
	intend to follow a policy of retaining earnings, if any, to finance the growth
	of the business and do not anticipate paying any cash dividends in the
	foreseeable future. The declaration and payment of future dividends on the
	Common Stock will be the sole discretion of board of directors and will depend
	on our profitability and financial condition, capital requirements, statutory
	and contractual restrictions, future prospects and other factors deemed
	relevant.
	(d)
	Securities authorized for issuance under equity compensation plans.
	We currently do not maintain any equity
	compensation plans
	.
	MANAGEMENT’S
	DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
	OPERATION
 
	The
	following discussion and analysis should be read in conjunction with the Diamond
	financial statements and notes thereto included elsewhere in this
	prospectus.  This discussion contains certain forward-looking
	statements that involve risks and uncertainties.  Diamond’s actual
	results and the timing of certain events could differ materially from those
	discussed in these forward-looking statements as a result of certain factors,
	including, but not limited to, those set forth herein and elsewhere in this
	prospectus
	OVERVIEW
	AND OUTLOOK
	Diamond
	Information Institute, Inc. was incorporated in the State of New Jersey in
	October 1988 and had minimal activity until 1995 when it began in the business
	of jewelry manufacturing under the name Diamond Information Institute (d/b/a
	“Bergio”).  Since 1995 Diamond has been engaged in the design and
	manufacture of upscale jewelry.  The Company sells to approximately
	150 independent jewelry stores across the United States and has incurred a
	significant amount of capital resources in creating brand recognition in the
	jewelry industry.
	 
	Diamond’s
	management believes that the jewelry industry competes in the global marketplace
	and therefore must be adaptable to ensure a competitive
	measure.  Recently the U.S. economy has encountered a slowdown and
	Diamond anticipates the U.S. economy will most likely remain weak at least
	through the first half of 2008.  Consumer spending for discretionary
	goods such as jewelry is sensitive to changes in consumer confidence and
	ultimately consumer confidence is affected by general business considerations in
	the U.S. economy.  Consumer spending for discretionary spending
	generally decline during times of falling consumer confidence, which may affect
	Diamond’s retail sale of its products.  U.S. consumer confidence
	reflected these slowing conditions during the last quarter of 2007 and has been
	carried forward throughout the first quarter of
	2008.   Therefore, Diamond has made strong efforts to maintain
	its brand in the industry through its focus on the innovation and design of its
	products as well as being able to consolidate and increase cost efficiency when
	possible.  Diamond believes that in becoming a public company, it will
	provide the Company increased flexibility in being able to acquire smaller
	jewelry manufacturers while also being able to consolidate overlapping
	expenses.
	Upon Diamond’s registration becoming
	effective, the Company plans to change its name to Bergio International, Inc.
	and intends to act as a holding company for the purpose of acquiring
	established
	 
	 
	 jewelry
	design and manufacturing firms who possess branded product
	lines.  Branded products lines are products and/or collections whereby
	the jewelry manufacturers have established their products within the industry
	through advertising in consumer and trade magazines as well as possibly
	obtaining federally registered trademarks of their products and
	collections.  This is in line with the Company’s strategy and belief
	that a brand name can create an association with innovation, design and quality
	which helps add value to the individual products as well as facilitate the
	introduction of new products.
	The
	Company intends to acquire design and manufacturing firms throughout the United
	States and Europe.  If and when the Company pursues any potential
	acquisition candidates, it intends to target the top 10% of the world’s jewelry
	manufactures that have already created an identity and brand in the jewelry
	industry.  Diamond intends to locate potential candidates through its
	relationships in the industry and expects to structure the acquisition through
	the payment of cash, which will most likely be provided from third party
	financing and not cash generated from the Company’s operations, as well as the
	Company’s common stock.  In the event, the Company obtains financing
	from third parties for any potential acquisitions; the Company may agree to
	issue the Company’s common stock in exchange for the capital
	received.  However, as of the date of this prospectus the Company does
	not have any agreements or understandings with any potential acquisition
	candidates or arrangements with any third parties for financing.
	Results
	of Operations for the Six Months Ended June, 2008 and 2007
	The
	following table summarizes selected items from the statement of operations for
	the six months ended June 30, 2008 compared to the six months ended June 30,
	2007.
	INCOME:
	 
| 
	 
 | 
	 
 | 
 
	Six
	Month Ended
 
	 June
	30,
 
 | 
	 
 | 
	 
 | 
 
 
	Increase
	/ (Decrease)
 
 | 
	 
 | 
| 
	 
 | 
	 
 | 
 
	2008
 
 | 
	 
 | 
	 
 | 
 
	2007
 
 | 
	 
 | 
	 
 | 
 
	$
 
 | 
	 
 | 
	 
 | 
	 
 | 
 
	%
 
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
 
	[Restated]
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Sales
 
 | 
	 
 | 
	$
 | 
	642,883
 | 
	 
 | 
	 
 | 
	$
 | 
	508,211
 | 
	 
 | 
	 
 | 
	$
 | 
	136,672
 | 
	 
 | 
	 
 | 
	 
 | 
	26
 | 
	%
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Cost
	of Sales
 
 | 
	 
 | 
	 
 | 
	302,129
 | 
	 
 | 
	 
 | 
	 
 | 
	585,967
 | 
	 
 | 
	 
 | 
	 
 | 
	(283,838
 | 
	)
 | 
	 
 | 
	 
 | 
	(48
 | 
	%)
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Gross
	Profit [Loss]
 
 | 
	 
 | 
	 
 | 
	340,754
 | 
	 
 | 
	 
 | 
	 
 | 
	(77,756
 | 
	)
 | 
	 
 | 
	 
 | 
	418,510
 | 
	 
 | 
	 
 | 
	 
 | 
	538
 | 
	%
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Gross
	(Loss) Profit Percentage of Revenue
 
 | 
	 
 | 
	 
 | 
	53
 | 
	%
 | 
	 
 | 
	 
 | 
	(15
 | 
	%)
 | 
	 
 | 
	 
 | 
	--
 | 
	 
 | 
	 
 | 
	 
 | 
	17
 | 
	%
 | 
 
	 Sales
	Sales
	for the six months ended June 30, 2008 were $642,883 compared to $508,211
	 
	for the six months ended
	June 30, 2007.  This resulted in an increase of $136,672 or 26% from
	the comparable period of 2008 to 2007.  One of the reasons for the
	increase over the same period of 2007 was due to orders for the year ended
	December 31, 2007 being materialized during the first quarter of
	2008.  Additionally, we were able to sell some of our inventories of
	raw metals, which have significantly increased in value.  We believe
	that our sales have stabilized during the first six months of 2008.
	Typically,
	revenues experience significant seasonal volatility in the jewelry
	industry.  The first two quarters of any given year typically
	represent approximately 15%-25% of total year revenues, based on historic
	results.  The holiday buying season during the last two quarters of
	every year typically account
	for
	the remainder of annual sales.  We anticipate that the first two
	quarters of 2008, to represent approximately 35% - 40% of our total sales of
	2008 as a result of being able to sell additional inventories of raw metals in
	addition to our typical sales.
	 
	 
	Cost of
	Sales
	Cost
	of sales for the six months ended June 30, 2008 was $302,129 a decrease of
	$283,838, or 48%, from $585,967
	 
	for the six months ended
	June 30, 2007.  During the first quarter of 2008, we experienced an
	increase in cost of sales primarily as a result of having higher sales during
	the quarter ended March 31, 2008.  Additionally, we had higher cost of
	sales associated with the sale of our raw metals being sold during the first
	quarter.
	During the six months ended June 30,
	2007, we experienced a write-down of approximately $284,000 of inventory values
	to the less of cost or market value.  The inventory write-down was a
	result of the refinement of cost and quantity of on hand data attributable to
	the conversion of the Company’s books and records to new accounting software in
	the beginning of 2007.    As a result of this write-down our
	cost of sales for the six months ended June 30, 2007, were not necessarily
	representative of typical cost of sales expenses and therefore we were able to
	show a decrease in our cost of sales on a year over year basis.  We
	did no record any inventory write-down for the six months ended June 30, 2008
	and believe the cost of sales expenses are more reflective of what we expect our
	cost of sales expenses to be going forward.
	Gross
	Profit:
	During
	the six months ended June 30, 2007, we experienced a gross loss as a percentage
	of revenue, in contrast to a gross profit as a percentage of revenue of 53% for
	the six months ended June 30, 2008.  The increase for the first two
	quarters of 2008 profit margin is primarily attributable to the sale of raw
	metals in addition to our typical sales of our jewelry line.  The
	Company expects its gross profit to stabilize during the next twelve
	months.
	OPERATING
	EXPENSES:
| 
	 
 | 
	 
 | 
 
	Six
	Months Ended June 30,
 
 | 
	 
 | 
	 
 | 
 
 
	Increase
	/ (Decrease)
 
 | 
	 
 | 
| 
	 
 | 
	 
 | 
 
	2008
 
 | 
	 
 | 
	 
 | 
 
	2007
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	$
 | 
	 
 | 
	%
 | 
| 
 
	Selling
	Expenses
 
 | 
	 
 | 
	$
 | 
	143,765
 | 
	 
 | 
	 
 | 
	$
 | 
	233,803
 | 
	 
 | 
	 
 | 
	$
 | 
	(90,038
 | 
	)
 | 
	 
 | 
	 
 | 
	 (39
 | 
	%)
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	General
	and Administrative Expenses
 
 | 
	 
 | 
	 
 | 
	796,071
 | 
	 
 | 
	 
 | 
	 
 | 
	564,569
 | 
	 
 | 
	 
 | 
	 
 | 
	231,502
 | 
	 
 | 
	 
 | 
	 
 | 
	41
 | 
	%
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Total
	Operating Expenses
 
 | 
	 
 | 
	 
 | 
	939,836
 | 
	 
 | 
	 
 | 
	 
 | 
	798,372
 | 
	 
 | 
	 
 | 
	 
 | 
	141,464
 | 
	 
 | 
	 
 | 
	 
 | 
	18
 | 
	%
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Net
	(Loss)
 
 | 
	 
 | 
	$
 | 
	(485,516
 | 
	)
 | 
	 
 | 
	$
 | 
	(787,777
 | 
	)
 | 
	 
 | 
	$
 | 
	(302,261
 | 
	)
 | 
	 
 | 
	 
 | 
	 (38
 | 
	%)
 | 
 
	Selling
	Expenses
	Total selling expenses were $143,765
	for the six months ended June 30, 2008, which was approximately a 39% decrease
	from $233,803
	of total
	selling expenses for the six months ended June 30, 2007.  Selling
	expenses include advertising, trade show expenses and selling commissions. The
	reduction in selling expenses during the six months ended June 30, 2008 is
	generally attributable to the Company’s efforts to reduce its marketing budget
	associated with advertising campaigns and trade show participation, coupled with
	a general reduction in commission-based salespeople.
	 
	 
	 
	General and
	Administrative Expenses
	General
	and administrative expenses were $796,071
	 
	for the six months ended
	June 30, 2008 versus $564,569 for the six months ended June 30,
	2007.  The increase in general & administrative expenses is due
	primarily to a non-cash charge related to stock based compensation of
	approximately $518,678, for services provided by third parties during the six
	months ended June 30, 2008.  In contrast, we had previously
	experienced minimal stock based compensation.  A majority of the
	services provided by the third parties relate to professional and consulting
	fees associated with the current “going-public” process.  If and when,
	we become a public company, we expect a significant increase in professional
	fees associated with the financial reporting mandated by the Securities and
	Exchange Commission.
	Other
	Expense
	Other
	Expense is comprised primarily of interest incurred on bank lines of credit,
	corporate credit cards, term loans and capital leases in connection with
	operations related to manufacturing and indirect operating
	expenses.  The slight decrease in costs is attributable to having
	lower interest associated with our bank lines of credits and term loans as a
	result of having lower principal amounts outstanding.
	Income Tax Provision
	(Benefit)
	The Company reported an income tax
	benefit of $168,446
	for
	the six months ended June 30, 2008 as compared to a tax provision of
	$148,221
	for the six
	months ended June 30, 2007.  The tax benefit is primarily attributable
	to the increased net operating loss carryforwards incurred, which management
	believes are more likely than not to be realized.
	Net Loss
	The Company incurred a net loss of
	$485,516
	 
	for six
	months ended June 30, 2008 versus a net loss of $787,777
	 
	for the six months ended
	June 30, 2007.  Although we did experience higher general and
	administrative expenses for the six months ended June 30, 2008, we were able to
	decrease our net loss when compared to the six months ended June 30,
	2007.  The net loss is primarily attributable to a significant
	increase in costs associated with the non-cash stock compensation paid during
	the six months ended June 30, 2008 to various third party
	providers.
	Liquidity
	and Capital Resources
	The
	following table summarizes total assets, accumulated deficit, stockholders’
	equity and working capital at June 30, 2008 compared to December 31,
	2007.
| 
	 
 | 
 
	 
 
	June
	30, 2008
 
 | 
 
	 
 
	December
	31, 2007
 
 | 
 
	 
 
	Increase
	/ (Decrease)
 
 | 
| 
 
	$
 
 | 
 
	%
 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Current
	Assets
 
 | 
 
	$2,012,108
 
 | 
 
	$2,074,989
 
 | 
 
	$(62,881)
 
 | 
 
	(3%)
 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Current
	Liabilities
 
 | 
 
	$1,627,117
 
 | 
 
	$1,549,538
 
 | 
 
	$77,579
 
 | 
 
	5%
 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Working
	Capital
 
 | 
 
	$384,991
 
 | 
 
	$525,451
 
 | 
 
	$(140,460)
 
 | 
 
	(27%)
 
 | 
 
	As
	of June 30, 2008, Diamond had a cash balance of zero and a cash overdraft of
	$157,595, compared to a cash overdraft of $48,144 at December 31,
	2007.  During the second quarter of 2007, Diamond conducted a private
	placement and raised approximately $425,000, which Diamond believes the capital
	raised in conjunction with its net earnings from operations will be sufficient
	to fund its short term capital and liquidity needs.  However, it is
	anticipated that Diamond will need to sell additional equity or debt securities
	or obtain credit facilities from financial institutions to meet its long-term
	liquidity and capital requirements, which include strategic growth through
	mergers and acquisitions.  There is no assurance that Diamond will be
	able to obtain additional capital or financing in amounts or on terms acceptable
	to Diamond, if at all or on a timely basis.
	During
	2007, Diamond entered into a debt conversion agreement and agreed to issue
	100,000 shares of common stock at a fair market value of $1 per share to a
	vendor as full satisfaction for accounts payable previously due and as
	pre-payment for future services to be rendered. Of the total $100,000 of common
	stock issued, approximately $55,000 was to satisfy previous accounts payable
	balances, and the difference of approximately $45,000 was issued as
	consideration for future services to be rendered.
	Also
	during 2007, Diamond entered into another debt conversion agreement and agreed
	to issue 150,000 shares of common stock at fair market value of $1 per share to
	a vendor as full satisfaction of an accounts payable balance of approximately
	$150,000.  The debt conversion agreement allows for the vendor to
	purchase for a period of 60 months, 150,000 “Class A” purchase warrants, which
	have an exercise price of $1.50 per share. As of the period ended June 30, 2008,
	no “Class A” purchase warrants had been acquired by the vendor.
	Accounts receivable at June 30, 2008
	was $616,523
	 
	and
	$692,619 at December 31, 2007, representing a decrease of
	11%.  Diamond typically offers its customers 60, 90 or 120 day payment
	terms on sales, depending upon the product mix purchased.  When
	setting terms with its customers, Diamond also considers the term of the
	relationship with individual customers and management’s assessed credit risk of
	the respective customer, and may at management’s discretion, increase or
	decrease payment terms based on those considerations.  The decrease in
	accounts receivable from December 31, 2007 to June 30, 2008 is attributable
	primarily to collecting payment immediately from the sale of raw metals, which
	we were able to sell during the six months ended June 30, 2008.
	Inventory at December 31, 2007 was
	$1,333,752 and $1,370,305
	at June 30, 2008. Diamond’s management
	seeks to maintain a very consistent inventory level that it believes is
	commensurate with current market conditions and manufacturing requirements
	related to anticipated sales volume.  Additionally, Diamond
	historically did not have an inventory reserve for slow moving or obsolete
	products due to the nature of its inventory of precious metals and stones, which
	are commodity-type raw materials and rise in value based on quoted market prices
	established in actively trade markets.  This allows for the Company to
	resell or recast these materials into new products and/or designs as the market
	evolves.
	Accounts payable and accrued expenses
	at December 31, 2007 was $389,798 compared to $234,781 at June 30, 2008, which
	represents a 40% decrease.  The slight increase in accounts payable
	after the first quarter is a result of having to acquire some additional pieces
	for a trade show at the end of the second quarter.  However, overall
	the Company was able to decrease its accounts payable from December 31, 2007 to
	June 30, 2008 as a result of the conscious effort made by the Company to pay
	vendors as cash became available.
	Results
	of Operations for the Years Ended December 31, 2007 and 2006
	The
	following table summarizes selected items from the statement of operations at
	December 31, 2007 compared to December 31, 2006.
	INCOME:
	 
| 
	 
 | 
	 
 | 
 
	Year
	Ended December 31,
 
 | 
	 
 | 
	 
 | 
 
 
	Increase
	/ (Decrease)
 
 | 
	 
 | 
| 
	 
 | 
	 
 | 
 
	2007
 
 | 
	 
 | 
	 
 | 
 
	2006
 
 | 
	 
 | 
	 
 | 
 
	 $
 
 | 
	 
 | 
	 
 | 
	 
 | 
 
	%
 
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
 
	[Restated]
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Sales
 
 | 
	 
 | 
	$
 | 
	1,296,585
 | 
	 
 | 
	 
 | 
	$
 | 
	1,974,008
 | 
	 
 | 
	 
 | 
	$
 | 
	(677,423
 | 
	)
 | 
	 
 | 
	 
 | 
	(34
 | 
	%)
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Cost
	of Sales
 
 | 
	 
 | 
	 
 | 
	1,226,561
 | 
	 
 | 
	 
 | 
	 
 | 
	1,063,641
 | 
	 
 | 
	 
 | 
	 
 | 
	162,920
 | 
	 
 | 
	 
 | 
	 
 | 
	15
 | 
	%
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Gross
	Profit
 
 | 
	 
 | 
	 
 | 
	70,024
 | 
	 
 | 
	 
 | 
	 
 | 
	910,367
 | 
	 
 | 
	 
 | 
	 
 | 
	(840,343
 | 
	)
 | 
	 
 | 
	 
 | 
	(92
 | 
	%)
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Gross
	(Loss) Profit Percentage of Revenue
 
 | 
	 
 | 
	 
 | 
	5
 | 
	%
 | 
	 
 | 
	 
 | 
	46
 | 
	%
 | 
	 
 | 
	 
 | 
	--
 | 
	 
 | 
	 
 | 
	 
 | 
	(39
 | 
	%)
 | 
 
	Sales
	Sales
	for the year ended December 31, 2007 were $1,296,585 compared to $1,974,008 for
	the year ended December 31, 2006.  This resulted in a decrease of
	$677,423 or 34% from the comparable period in 2006.  One of the
	reasons for the decrease in 2007 was due to an unusually high amount of product
	return, estimated to be approximately $600,000, which included $150,000 worth of
	product returns related to 2006 sales to a specific customer prompting
	restatement of the Company’s financial statements and is discussed in greater
	detail in footnote 3 to the Company’s financial statements.  The
	remaining $450,000 worth of product returns related exclusively to 2007
	sales.  The 2007 product returns were prompted by weaker than expected
	market conditions due to a declining economy and less consumer spending than
	anticipated by retailers.  During 2007, Diamond speculated that more
	customers choose to “trade up” instead of buying new jewelry
	products.  Additionally, Diamond spent a significant amount on the
	“going public” process during 2007, which ultimately affected our marketing
	budgets and our ability to market and brand our products as we would typically
	do.
	Typically,
	revenues experience significant seasonal volatility in the jewelry
	industry.  The first two quarters of any given year typically
	represent approximately 15%-25% of total year revenues, based on historic
	results. The holiday buying season during the last two quarters of every year
	typically account for the remainder of annual sales.  As a result of
	having a weaker market condition in 2007, the last two quarters of 2007 were
	weaker than past holiday seasons.  However, our sales during the last
	two fiscal quarters of 2007, still accounted for approximately 56% of our total
	sales during 2007.
	Cost of
	Sales
	Cost
	of sales for the year ended December 31, 2007 was $1,226,561 an increase of
	$162,920, or 15%, from $1,063,641 for the year ended December 31,
	2006.  The increase in cost of sales is attributable primarily to a
	write-down of inventory values incurred during 2007, to the lesser of cost or
	market value. During the year ended December 31, 2007, Diamond recorded a
	charge related to the write-down of certain inventory items amounting to
	approximately $284,000 to appropriately value amounts on hand at the lower of
	cost or market.  The inventory write-down was a result of the
	refinement of cost and quantity of on hand data attributable to the conversion
	of the Company’s books and records to new accounting software in the beginning
	of 2007.   Substantially all inventories consist of finished
	goods and are valued
	 
	 
	at
	the lower of cost or market.  Cost is determined using the weighted
	average method and average cost is recomputed after each inventory purchase or
	sale.
	Diamond
	did not record any inventory write-down for the year ended December 31,
	2006.
	Gross
	Profit:
	Gross
	profit as a percentage of revenue decreased from 46% for the year ended December
	31, 2006 to 5% for the year ended December 31, 2007.  The decrease
	shown in the 2007 profit margin is primarily attributable to the aforementioned
	inventory write-down of approximately $284,000 realized in 2007.  The
	Company expects its gross profit to stabilize during the next twelve
	months.
	OPERATING
	EXPENSES:
| 
	 
 | 
	 
 | 
 
	Year
	Ended December 31,
 
 | 
	 
 | 
	 
 | 
 
 
	Increase
	/ (Decrease)
 
 | 
	 
 | 
| 
	 
 | 
	 
 | 
 
	2007
 
 | 
	 
 | 
	 
 | 
 
	2006
 
 | 
	 
 | 
	 
 | 
 
	 $
 
 | 
	 
 | 
	 
 | 
	 
 | 
 
	%
 
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
 
	[Restated]
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Selling
	Expenses
 
 | 
	 
 | 
	$
 | 
	392,793
 | 
	 
 | 
	 
 | 
	$
 | 
	442,061
 | 
	 
 | 
	 
 | 
	$
 | 
	(49,268
 | 
	)
 | 
	 
 | 
	 
 | 
	(11
 | 
	%)
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	General
	and Administrative Expenses
 
 | 
	 
 | 
	 
 | 
	1,095,549
 | 
	 
 | 
	 
 | 
	 
 | 
	316,493
 | 
	 
 | 
	 
 | 
	 
 | 
	779,056
 | 
	 
 | 
	 
 | 
	 
 | 
	246
 | 
	%
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Total
	Operating Costs
 
 | 
	 
 | 
	 
 | 
	1,488,342
 | 
	 
 | 
	 
 | 
	 
 | 
	758,554
 | 
	 
 | 
	 
 | 
	 
 | 
	729,788
 | 
	 
 | 
	 
 | 
	 
 | 
	96
 | 
	%
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Net
	(Loss) Income
 
 | 
	 
 | 
	$
 | 
	(1,171,980
 | 
	)
 | 
	 
 | 
	$
 | 
	62,241
 | 
	 
 | 
	 
 | 
	$
 | 
	(1,234,221
 | 
	)
 | 
	 
 | 
	 
 | 
	(1,983
 | 
	%)
 | 
 
	Selling and Marketing
	Expenses
	Total selling expenses were $392,793
	for the year ended December 31, 2007, which was approximately an 11% decrease
	from $442,061 of total selling expenses for the year ended December 31,
	2006.  Selling expenses include advertising, trade show expenses and
	selling commissions. The reduction in selling expenses for the 2007 year is
	attributable to generally more favorable costs associated with similar
	advertising campaigns and trade show participation, coupled with a general
	reduction in commission-based salespeople.  Additionally, we spent
	significant amount of capital on the “going public” process during 2007, which
	also impacted our marketing budget and resources.
	General and Administrative
	Expenses
	General
	and administrative expenses were $1,095,549 for the year ended December 31, 2007
	versus $316,493 for the year ended December 31, 2006.  The increase in
	general & administrative expenses is due primarily to professional fees and
	the hiring of staff associated with
	the “going-public” process. In the beginning of 2007, Diamond
	entered into a reverse merger transaction with a publicly traded
	company.  However, the merger was not successful and it was terminated
	at the end of 2007. Even though the merger was terminated, we incurred
	significant costs of approximately $600,000, which were associated with this
	merger in consulting, salaries and professional fees.  If and when, we
	become a public company, we expect a significant increase in professional fees
	associated with the financial reporting mandated by the Securities and Exchange
	Commission.  However, we do not expect them to be as significant as
	those experienced in 2007.
	Other
	Expense
	Other
	Expense is comprised primarily of interest incurred on bank lines of credit,
	corporate credit
	 
	 
	 cards,
	term loans and capital leases in connection with operations related to
	manufacturing and indirect operating expenses.  The increased costs
	are attributable to additional financing required to supplement working capital
	needs as prompted by the decline in sales volume during the 2007
	year.
	Income Tax Provision
	(Benefit)
	The Company reported an income tax
	benefit of $331,642 for the year ended December 31, 2007 as compared to a tax
	provision of $34,953 for the year ended December 31, 2006.  The tax
	benefit in 2007 is primarily attributable to the increased net operating loss
	carry-forwards incurred during the 2007 year, which management believes are more
	likely than not to be realized.
	Net Loss
	The Company incurred a net loss of
	$1,171,980 for the year ended December 31, 2007 versus a net income of $62,241
	for the year ended December 31, 2006.  The net loss is primarily
	attributable to a significant increase in costs associated with the terminated
	reverse merger transaction, which lead to increased costs relating to legal
	support, accounting services, and consulting services.  Furthermore,
	we recorded a charge for the write-down in carrying values of certain inventory
	items.
	Liquidity
	and Capital Resources
	Bank Lines of Credit and
	Notes Payable
	Diamond’s indebtedness is comprised of
	various bank credit lines, term loans, capital leases and credit cards intended
	to provide capital for the ongoing manufacturing of its jewelry line, in advance
	of receipt of the payment from its retail distributors.  As of
	December 31, 2007, Diamond had 2 outstanding term loans.  One of loans
	is for $150,000 with Columbia Bank, which is payable in monthly installments and
	matures in May of 2009.  The note bears an annual interest rate of
	7.25% and as of December 31, 2007, there was an outstanding balance of
	$70,833.  Diamond also has a $300,000 term loan with JPMorgan Chase,
	which is payable in monthly installments and matures in May 2011.  The
	note bears an annual interest rate of 7.96% and as of December 31, 2007 there
	was an outstanding balance of $216,422.  Both of these notes are
	collateralized by the assets of the Company as well as a personal guarantee by
	the Company’s CEO, Berge Abajian.
	In
	addition to the notes payable, Diamond utilizes bank lines of credit to support
	working capital needs.  As of December 31, 2007, Diamond had 2 lines
	of credit.  One bank line of credit is for $700,000 with Columbia Bank
	and requires minimum monthly payment of interest only.  The interest
	is calculated at the bank’s prime rate plus 0.75%.  As of December 31,
	2007, Diamond has an outstanding balance of $699,999 at an effective annual
	interest rate of 8%.  Additionally, Diamond has a bank line of credit
	of $55,000 with JPMorgan Chase Bank, which also requires a monthly payment of
	interest only.  The interest rate is calculated at the bank’s prime
	rate plus 0.75%.  As of December 31, 2007, Diamond has an outstanding
	balance of $48,293 at an effective annual interest rate of 8%.  Each
	credit line renews annually and is collateralized by the assets of the Company
	as well as a personal guarantee by the Company’s CEO, Berge
	Abajian.  Pursuant to the terms of Diamond’s lines of credit, it is
	required to maintain certain financial ratios which we were in compliance with
	as of December 31, 2007.
	In
	addition to the bank lines of credit and term loans, Diamond has a number of
	various unsecured credit cards totaling $111,400 in available
	credit.  These credit cards require minimal monthly payments of
	interest only and as of December 31, 2007 have interest rates ranging from 8.24%
	to 29.49%.  As of December 31, 2007, Diamond has outstanding balances
	of $105,329.  As of December 31, 2007, Diamond had approximately
	$13,000 of available credit under these facilities.
	 
	 
	Satisfaction
	of our cash obligations for the next 12 months.
	A
	critical component of our operating plan impacting our continued existence is to
	efficiently manage the production of our jewelry lines and successfully develop
	new lines through our Company or through possible acquisitions and/or mergers.
	Our ability to obtain capital through additional equity and/or debt financing,
	and joint venture partnerships will also be important to our expansion plans. In
	the event we experience any significant problems assimilating acquired assets
	into our operations or cannot obtain the necessary capital to pursue our
	strategic plan, we may have to reduce the growth of our operations. This may
	materially impact our ability to increase revenue and continue our
	growth.
	Over
	the next twelve months we believe that our existing capital combined with cash
	flow from operations will be sufficient to sustain our current
	operations.  However, in the event we locate potential acquisitions
	and/or mergers we will most likely require additional financing.
	Summary
	of product and research and development that we will perform for the term of our
	plan.
	We
	are not anticipating significant research and development expenditures in the
	near future.
	Expected
	purchase or sale of plant and significant equipment.
	We
	do not anticipate the purchase or sale of any plant or significant equipment; as
	such items are not required by us at this time.
	Significant
	changes in the number of employees.
	We
	currently have 4 full-time employees and 2 part-time employees.  Of
	Diamond’s current employees, 1 is sales and marketing personnel, 1 is
	manufacturing and 2 hold administrative and executive positions.  None
	of our employees are subject to any collective bargaining
	agreements.  We do not anticipate a significant change in the number
	of full time employees over the next 12 months.
	Off-Balance
	Sheet Arrangements
	We
	do not have any off-balance sheet arrangements that have or are reasonably
	likely to have a current or future effect on our financial condition, results or
	operations, liquidity, capital expenditures or capital resources that is deemed
	material.
	Critical
	Accounting Policies
	The
	Company prepares its financial statements in accordance with accounting
	principles generally accepted in the United States. Preparing financial
	statements in accordance with generally accepted accounting principles requires
	the Company to make estimates and assumptions that affect the reported amounts
	of assets and liabilities and disclosures of contingent assets and liabilities
	as of the date of the financial statements and the reported amounts of revenue
	and expenses during the reported period. Our critical accounting policies are as
	follows:
	Accounts
	Receivable.
	  Management periodically performs a detailed review
	of amounts due from customers to determine if accounts receivable balances are
	impaired based on factors affecting the collectibility of those
	balances.  Fine jewelry is sold to retail outlets throughout the
	United States.  For the year ended December 31, 2007, accounts
	receivable were substantially comprised of balance due from
	retailers.  As of December 31, 2007 and 2006, the Company recorded an
	allowance for doubtful accounts of approximately $0 and $36,000,
	respectively.  Further, for the years ended December 31, 2007 and
	2006,
	there were no bad debt write-off’s.
	 
	 
	 Long-Lived
	Assets.
	  In accordance with Statement of Financial Accounting
	Standards (“SFAS”) No. 144, Accounting for the Impairment or Disposal of
	Long-Lived Assets, long-lived tangible assets subject to depreciation or
	amortization are reviewed for impairment whenever events or changes in
	circumstances indicate that the carrying amount of an asset may not be
	recoverable.  If an asset is determined to be impaired, the loss is
	measures by the excess of the carrying amount of the asset over its fair value
	as determined by an estimate of discounted future cash flows.  As
	these factors are difficult to predict and are subject to future events that may
	alter management’s assumptions, the future cash flows estimated by management in
	their impairment analyses may not be achieved.  For the years ended
	December 31, 2007 and 2006, there was no impairment charge recorded
	within   the Statements of Operations for long-lived tangible
	assets subject to depreciation or amortization as management estimated there
	were no events or changes in circumstances in the carrying amount of those
	assets in accordance with the prescribed guidance of SFAS No. 144.
	Revenue Recognition.
	The
	Company’s management recognizes revenue when realized or realizable and
	earned.  In connection with revenue recorded, the Company establishes
	a sales returns and allowances reserve for anticipated merchandise to be
	returned.  The estimated percentage of sales to be returned is based
	on the Company’s historical experience of returned merchandise as prescribed by
	promulgated accounting principles. Also, management calculates an estimated
	gross profit margin on returned merchandise deriving a cost for the anticipated
	returned merchandise also based on the Company’s historical
	operations.
	The
	Company’s sole revenue producing activity as a manufacturer and distributor of
	upscale jewelry is affected by movement in fashion trends and customer desire
	for new designs, varying economic conditions affecting consumer spending and
	changing product demand by retailers affecting their desired inventory
	levels.
	Therefore,
	management’s estimation process for merchandise returns can result in actual
	amounts differing from those estimates.  This estimation process is
	susceptible to variation and uncertainty due to the challenges faced by
	management to comprehensively discern all conditions affecting future
	merchandise returns whether prompted by fashion, the economy or customer
	relationships.  Ultimately, management believes historical factors
	provide the best indicator of future conditions based on the Company’s
	responsiveness to changes in fashion trends, the cyclical nature of the economy
	in conjunction with the number of years in business and consistency and
	longevity of its customer mix.
	Recent Accounting
	Pronouncements
	In
	February 2007, the FASB issued SFAS No. 159, "The Fair Value Option for
	Financial Assets and Financial Liabilities – Including an amendment of FASB
	Statement No. 115," which is effective for fiscal years beginning after
	November 15, 2007. This statement permits entities to choose to measure
	many financial instruments and certain other items at fair value. This statement
	also establishes presentation and disclosure requirements designed to facilitate
	comparisons between entities that choose different measurement attributes for
	similar types of assets and liabilities. Unrealized gains and losses on items
	for which the fair value option is elected would be reported in earnings. We
	have evaluated the new statement and have determined that it will not have a
	significant impact on the determination or reporting of our financial
	results.
	In
	December 2007, the FASB issued SFAS No. 141 (revised 2007), "Business
	Combinations" (SFAS 141(R)), which replaces SFAS No. 141, "Business
	Combinations." SFAS 141(R) retains the underlying concepts of SFAS 141 in that
	all business combinations are still required to be accounted for
	 
	 
	at
	fair value under the acquisition method of accounting but SFAS 141(R) changed
	the method of applying the acquisition method in a number of significant
	aspects. Acquisition costs will generally be expensed as incurred;
	noncontrolling interests will be valued at fair value at the acquisition date;
	in-process research and development will be recorded at fair value as an
	indefinite-lived intangible asset at the acquisition date; restructuring costs
	associated with a business combination will generally be expensed subsequent to
	the acquisition date; and changes in deferred tax asset valuation allowances and
	income tax uncertainties after the acquisition date generally will affect income
	tax expense. SFAS 141(R) is effective on a prospective basis for all business
	combinations for which the acquisition date is on or after the beginning of the
	first annual period subsequent to December 15, 2008, with the exception of
	the accounting for valuation allowances on deferred taxes and acquired tax
	contingencies. SFAS 141(R) amends SFAS 109 such that adjustments made to
	valuation allowances on deferred taxes and acquired tax contingencies associated
	with acquisitions that closed prior to the effective date of SFAS 141(R) would
	also apply the provisions of SFAS 141(R). Early adoption is not permitted. We
	are currently evaluating the effects, if any, that SFAS 141(R) may have on our
	financial statements and believe it could have a significant impact if business
	combinations are consummated.  However, the effect of which is
	indeterminable as of December 31, 2007.
	In
	December 2007, the FASB issued Financial Accounting Standards No. 160,
	"Noncontrolling Interests in Consolidated Financial Statements—an amendment of
	ARB No. 51." This statement is effective for fiscal years, and interim
	periods within those fiscal years, beginning on or after December 15, 2008,
	with earlier adoption prohibited. This statement requires the recognition of a
	noncontrolling interest (minority interest) as equity in the consolidated
	financial statements and separate from the parent's equity. The amount of net
	income attributable to the noncontrolling interest will be included in
	consolidated net income on the face of the income statement. It also amends
	certain of ARB No. 51's consolidation procedures for consistency with the
	requirements of SFAS 141(R)
	.
	This statement also includes expanded disclosure requirements regarding
	the interests of the parent and its noncontrolling interest. We are currently
	evaluating this new statement and anticipate that the statement will not have a
	significant impact on the reporting of our results of operations.
	In
	March 2008, the Financial Accounting Standards Board (FASB) issued FASB
	Statement No. 161, Disclosures about Derivative Instruments and Hedging
	Activities. The new standard is intended to improve financial reporting about
	derivative instruments and hedging activities by requiring enhanced disclosures
	to enable investors to better understand their effects on an entity’s financial
	position, financial performance, and cash flows. It is effective for financial
	statements issued for fiscal years and interim periods beginning after November
	15, 2008, with early application encouraged. The company is currently evaluating
	the impact of adopting SFAS. No. 161 on its financial statements.
	CHANGES
	IN AND DISAGREEMENTS WITH ACCOUNTANTS
	ON
	ACCOUNTING AND FINANCIAL DISCLOSURE
 
	We
	have had no disagreements with our independent auditors on accounting or
	financial disclosures.
	DIRECTORS,
	EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS
 
	The
	members of our board of directors serve for one year terms and are elected at
	the next annual meeting of stockholders, or until their successors have been
	elected.  The officers serve at the pleasure of the board of
	directors.  Currently, Diamond only has one executive officer and
	director.
	 
	 
	 
| 
 
	Name
 
 | 
 
	Age
 
 | 
 
	Position
 
 | 
| 
 
	Berge
	Abajian
 
 | 
 
	47
 
 | 
 
	Chief
	Executive Officer, President and Sole Director
 
 | 
| 
 
	Alfred
	Sirica
 
 | 
 
	46
 
 | 
 
	Chief
	Financial Officer
 
 | 
 
	Duties,
	Responsibilities and Experience
	Berge
	Abajian
	comes from a family background in jewelry
	manufacturing.  The Abajian family started manufacturing jewelry in
	the 1930’s and Berge entered into the industry as a manufacturer in
	1980.    From 1980 to 1983, Mr. Abajian served as the
	Secretary and Treasurer of Pyramid Jewelry, a jewelry manufacturing
	company.  Mr. Abajian established operations of Diamond Information
	Institute in 1995 and started his “Bergio” brand label over ten years
	ago.  Currently, Mr. Abajian is the chief executive officer, president
	and sole director of Diamond.  The Bergio line was one of the first to
	introduce yellow diamonds in jewelry and has continued to be on the cutting edge
	of jewelry trends.  In 2002, Mr. Abajian also began production of his
	Bergio Bridal Collection.  Mr. Abajian has a BS in Business
	Administration from Fairleigh Dickinson University and is well known and
	respected in the jewelry industry.  Since 2005, Mr. Abajian has served
	as the President of the East Coast branch of the Armenian Jewelry Association
	and has also served as a Board Member on MJSA (Manufacturing Jewelers and
	Suppliers of America), New York Jewelry Association, and the 2001-2002 Luxury
	Show.
	Alfred
	Sirica
	has been working in accounting for over 20 years.  In
	1984, Mr. Sirica graduated from St. John’s University with a degree in
	accounting and began working for Breiner & Bodian.  In 1988, Mr.
	Sirica left Breiner & Bodian to start his own firm of Sirica & Sirica,
	LLC where he is the managing partner.  In January 2008, Mr. Sirica
	agreed to assist Diamond Information Institute with its accounting functions and
	will oversee the quarterly reviews and annual audits of the
	Company.
	No
	Executive Officer or Director of the Corporation has been the subject of any
	Order, Judgment, or Decree of any Court of competent jurisdiction, or any
	regulatory agency permanently or temporarily enjoining, barring suspending or
	otherwise limiting him from acting as an investment advisor, underwriter, broker
	or dealer in the securities industry, or as an affiliated person, director or
	employee of an investment company, bank, savings and loan association, or
	insurance company or from engaging in or continuing any conduct or practice in
	connection with any such activity or in connection with the purchase or sale of
	any securities.
	No
	Executive Officer or Director of the Corporation has been convicted in any
	criminal proceeding (excluding traffic violations) or is the subject of a
	criminal proceeding which is currently pending.
	No
	Executive Officer or Director of the Corporation is the subject of any pending
	legal proceedings.
	Employment Agreements and
	Compensation
	 
	During
	the 2007 year, Diamond entered into employment agreements with its Chief
	Executive Officer, Berge Abajian, and its then President, Scott
	Wanstrath.  Both agreements were to not take effect until the Company
	had raised a significant amount of capital.  Subsequent to the year
	ended December 31, 2007, Mr. Wanstrath gave notice of his termination and Mr.
	Abajian agreed to terminate the employment agreement.  As of the date
	of this filing, the Company does not have any employment agreements in
	place.  The Company intends to draft a new employment agreement with
	Mr. Abajian after the registration statement has become effective and the
	Company has raised additional capital.
	 
	 
	On
	January 20, 2008, Diamond authorized the issuance of 100,000 shares to Mr. Zareh
	Beylerian in conjunction with Mr. Beylerian being appointed to the Company’s
	Advisory Panel.  The shares were issued in advance for the 2008 fiscal
	year, in which Mr. Beylerian agreed to serve on Diamond’s Advisory
	Panel.  Nvair Beylerian is Zareh Beylerian’s wife and Mr. Beylerian
	elected to gift 50,000 shares of the 100,000 issued shares of Diamond’s common
	stock to her.
	On February 21, 2008, Diamond cancelled
	2,000,000 shares previously granted to Mr.  Ralph Amato and cancelled
	200,000 shares previously granted to Mr. Scott Wanstrath.  The shares
	were cancelled as a result of both gentlemen no longer providing services to
	Diamond and as a result of not fulfilling the terms of their
	agreements.  Mr. Abajian also agreed to cancel 5,000,000 of his shares
	to reduce some of his ownership position in the Company.
	Advisory
	Panel
	On
	April 2, 2007, Diamond’s Board of Directors approved the establishment of an
	Advisory Panel to provide on-going advice to the Company’s
	officers.  Under the terms of the resolution adopting the panel, the
	Board of Directors agreed to issue 50,000 shares of common stock to each panel
	member as remuneration of their services.  During the year ended
	December 31, 2007, there were two members and Mr. Hagop Baghdadlian still
	remains on the panel.  Mr. Baghdadlian opened Hagop Baghdadlian LTD,
	in 1977 as a diamond dealer in New York City.  In 2003, Hagop
	Baghdadlian LTD merged with Cora Diamonds, Inc., a diamond manufacturer and Mr.
	Baghdadlian became President of Cora International, LLC.  Cora
	International has since become a leading manufacturer of fancy colored
	diamonds.
	 
	Subsequent
	to the year ended December 31, 2007, we appointed another member to the panel so
	that our panel again has two members.  Mr. Zareh Beylerian will serve
	on the Advisory Panel and has agreed to assist the Company’s
	officers.  Mr. Beylerian is an attorney with over 20 years of law
	experience.  Mr. Beylerian in 2004 decided to open his current firm of
	Beylerian & Associates, which handles general litigation and commercial
	matters, bankruptcy, personal injury, immigration, real estate, intellectual
	property and more.
	 
	Audit
	Committee
	Currently,
	we do not have an Audit Committee.  At this time, the board of
	directors will perform the necessary functions of an Audit Committee, such as:
	recommending an independent registered public accounting firm to audit the
	annual financial statements; reviewing the independence of the independent
	registered public accounting firm; review of the financial statements and other
	required regulatory financial reporting; and reviewing management’s policies and
	procedures in connection with its internal control over financial
	reporting.
	Additionally,
	we do not have a financial expert. We believe the cost related to retaining a
	financial expert at this time is prohibitive and is not warranted at this point
	in time.  However, at such time the Company has the financial
	resources a financial expert will be hired
	The
	following table sets forth the compensation of our executive officers for the
	year ended December 31, 2007.
	 
	Summary
	Compensation Table
| 
 
	Name
	and Principal Position
 
 | 
 
	Year
 
	Ended
	December 31,
 
 | 
 
	Salary
 
 | 
 
	Stock
	Awards
	(1)
 
 | 
 
	Total
 
 | 
| 
 
	Berge
	Abajian, CEO
 
 | 
 
	2007
 
 | 
 
	$63,108
 
 | 
 
	$50,000
 
 | 
 
	$113,108
 
 | 
| 
 
	Scott
	Wanstrath, President
 
 | 
 
	2007
 
 | 
 
	$-0-
 
 | 
 
	$250,000
	(2)
 
 | 
 
	$250,000
 
 | 
 
| 
 
	(1)  
 
 | 
 
	The
	amounts shown in this column reflect the expense recognized for financial
	statement reporting purposes for the fiscal year ended December 31, 2007,
	in accordance with FAS 123R.
 
 | 
 
| 
 
	(2)
	 
	 
 
 | 
 
	The
	Company had agreed to issue 250,000 shares of its common stock pursuant to
	Mr. Wanstrath’s employment agreement.  The common shares issued
	were those held by the Company’s CEO. However, subsequent to the year
	ended December 31, 2007, Mr. Wanstrath gave notice of his resignation and
	the Company cancelled 200,000 shares as a result of the agreement not
	being completed to its full term.
 
 | 
 
	Employment
	Agreement
	Diamond
	currently does not have any employment agreements in place.  During
	2007, Mr. Abajian had executed an employment agreement and an addendum stating
	the previously executed employment agreement would not take effect until the
	Company had received private equity financing.  Subsequent to the year
	ended December 31, 2007, Mr. Abajian cancelled the agreement and will draft a
	new employment agreement after the registration statement has become effective
	and the Company has raised additional capital.
	Compensation
	Committee
	We
	currently do not have a compensation committee on the board of
	directors.  Until a formal committee is established our entire board
	of directors will review all forms of compensation provided to our executive
	officers, directors, consultants, and employees, including stock
	compensation.
	Equity
	Awards
	Our sole officer and director was also
	the founder of Diamond and therefore originally owned a total of 15,000,000
	shares of our common stock.  Subsequent to the year ended December 31,
	2007, Mr. Abajian agreed to cancel 5,000,000 shares owned by him.  As
	of the date of this filing, he currently owns 10,100,000 shares.  The
	additional 100,000 shares owned by Mr. Abajian were issued as compensation for
	serving on our Board of Directors for the 2007 year and in advance for the 2008
	fiscal year.  None of the shares owned by Mr. Abajian have any
	registration rights attached to them.
	Director
	Compensation and Other Arrangements
	Diamond has agreed to issue 50,000
	shares per year as compensation to our board of directors and members of our
	advisory panel.  We anticipate in the future, once additional members
	are added to the board of directors, that the Company will reimburse all
	directors for expenses when attending board or committee meetings.
	Termination
	of Employment
	There
	are no compensatory plans or arrangements, including payments to be received
	from the Company, with respect to any person associated with the Company which
	would in any way result in payments to any such person because of his
	resignation, retirement, or other termination of such person’s employment with
	the Company or its subsidiaries, or any change in control of the Company, or a
	change in the person’s responsibilities following a change in control of the
	Company.
	SECURITY
	OWNERSHIP OF BENEFICIAL OWNERS AND MANAGEMENT
 
	The
	following table presents information, to the best of our knowledge, about the
	beneficial ownership of our common stock on July 2, 2008, held by those persons
	known to beneficially own more than 5% of our capital stock and by our directors
	and executive officers.
	The
	percentage of beneficial ownership for the following table is based on
	11,443,100 shares of common stock outstanding as of July 2, 2008.  The
	percentage of beneficial ownership after the exercise of warrants is based on
	12,018,100 shares of common stock outstanding assuming the issuance 575,000
	shares of common stock that may be issued upon exercise of warrants held by
	selling security holders.
	Beneficial
	ownership is determined in accordance with the rules of the Securities and
	Exchange Commission and does not necessarily indicate beneficial ownership for
	any other purpose. Under these rules, beneficial ownership includes those shares
	of common stock over which the stockholder has sole or shared voting or
	investment power. It also includes (unless footnoted) shares of common stock
	that the stockholder has a right to acquire within 60 days after July 2, 2008
	through the exercise of any option, warrant or other right. The percentage
	ownership of the outstanding common stock, however, is based on the assumption,
	expressly required by the rules of the Securities and Exchange Commission, that
	only the person or entity whose ownership is being reported has converted
	options or warrants into shares of our common stock.
| 
 
	 
 
	 
 
	Name
	of Beneficial Owner, Officer or Director (1)
 
 | 
	 
 | 
 
 
	Number
 
	of
	Shares
 
 | 
	 
 | 
	 
 | 
 
 
	Percent
	Before Exercise of Warrants (2)
 
 | 
	 
 | 
	 
 | 
 
 
	Percent
	After Exercise of Warrants (2)(3)
 
 | 
	 
 | 
| 
 
	Berge
	Abajian, Chief Executive Officer
 
 | 
	 
 | 
	 
 | 
	10,100,000
 | 
	 
 | 
	 
 | 
	 
 | 
	88.2
 | 
	%
 | 
	 
 | 
	 
 | 
	84.0
 | 
	%
 | 
| 
 
	Alfred
	Sirica, Chief Financial Officer (4)
 
 | 
	 
 | 
	 
 | 
	16,667
 | 
	 
 | 
	 
 | 
	 
 | 
	0.1
 | 
	%
 | 
	 
 | 
	 
 | 
	0.1
 | 
	%
 | 
| 
 
	Directors
	and Officers as a Group
 
 | 
	 
 | 
	 
 | 
	10,116,667
 | 
	 
 | 
	 
 | 
	 
 | 
	88.4
 | 
	%
 | 
	 
 | 
	 
 | 
	84.1
 | 
	%
 | 
 
| 
 
	(1)  
 
 | 
 
	As
	used in this table, “beneficial ownership” means the sole or shared power
	to vote, or to direct the voting of, a security, or the sole or shared
	investment power with respect to a security (i.e., the
	 
	power to dispose
	of, or to direct the disposition of, a security).  The address
	of each person is care of the
	Company.
 
 | 
 
| 
 
	(2)  
 
 | 
 
	Figures
	are rounded to the nearest tenth of a percent.  The percentage
	of beneficial ownership is based on 11,443,100 shares of common stock,
	which does not include the exercise of any warrants currently held by
	selling security holders.
 
 | 
 
| 
 
	(3)  
 
 | 
 
	The
	percentage of beneficial ownership is based on 12,018,100 shares of common
	stock outstanding assuming the issuance of 575,000 shares of common stock
	that may be issued upon exercise of warrants held by current selling
	security holders.
 
 | 
 
| 
 
	(4)  
 
 | 
 
	Mr.
	Sirica agreed to become the Chief Financial Officer for the Company
	subsequent to December 31, 2007.
 
 | 
 
	CERTAIN
	RELATIONSHIPS AND RELATED TRANSACTIONS
 
	Diamond
	receives advances from time to time from its CEO, Berge Abajian based upon cash
	flow needs.  As of December 31, 2007 and 2006, $90,289 and $25,080 was
	due to Mr. Abajian, respectively.  Repayment and interest terms have
	not been established at this point in time and therefore the amount has been
	classified as a current liability.
	In
	addition, Diamond hired an information technology company, Advanced Integrated
	Solutions, Inc. to provide consultation and technical support related to certain
	software applications and technology infrastructure.  The information
	technology company is owned by Mr. Hagop Beledankian, who is also a shareholder
	of the Company but has a total ownership of less than 1%.  Although,
	Advanced Integrated Solutions is managed by a shareholder of the Company,
	Diamond believes the terms for the services performed by Advanced Integrated
	Solutions,
	 
	were not
	more favorable than they would have been if performed by an arms-length service
	provider.  During the year ended December 31, 2007, we issued 100,000
	shares to this information technology company in connection with services
	rendered and for future services to be performed.  At the time of the
	100,000 shares being issued, approximately $55,000 was to satisfy previous
	account payable balances and approximately $45,000 was for future services to be
	rendered.  As of December 31, 2007, the remaining portion of common
	stock issued for future services totaled approximately $14,000.
	Index
	To Financial Statements
	For
	the Annual Periods Ended December 31, 2007 and 2006 (Audited) and the Six Month
	Interim Periods Ended June 30, 2008 and 2007 (Unaudited)
	 
| 
	 
	REPORT
	OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
 | 
	 
	F-1
 | 
| 
	 
	BALANCE
	SHEETS 
 | 
	 
	F-2
 | 
| 
	 
	STATEMENTS OF OPERATIONS
 | 
	 
	F-4
 | 
| 
	 
	STATEMENTS OF STOCKHOLDERS’ EQUITY 
 | 
	 
	F-5
 | 
| 
	 
	STATEMENTS OF CASH FLOWS 
 | 
	 
	F-7
 | 
| 
	 
	NOTES
	TO FINANCIAL STATEMENTS 
 | 
	 
	F-9-F-20
 | 
 
	 
 
	 
	 
	 
	 
	 
	REPORT
	OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
	To
	the Board of Directors and Shareholders of
	Diamond Information Institute, Inc.
	d/b/a Designs by Bergio
	Fairfield, NJ
	We
	have audited the accompanying balance sheets of Diamond Information Institute,
	Inc. d/b/a Designs by Bergio (the "Company") as of December 31, 2007 and 2006,
	and the related statements of operations, stockholders' equity and cash flows
	for the years ended December 31, 2007 and 2006.  These financial
	statements are the responsibility of the Company's management.  Our
	responsibility is to express an opinion on these financial statements based on
	our audits.
	We
	conducted our audits in accordance with the standards of the Public Company
	Accounting Oversight Board (United States).  Those standards require
	that we plan and perform the audit to obtain reasonable assurance about whether
	the financial statements are free of material misstatement.  An audit
	includes examining, on a test basis, evidence supporting the amounts and
	disclosures in the financial statements.  An audit also includes
	assessing the accounting principles used and significant estimates made by
	management, as well as evaluating the overall financial statement
	presentation.  We believe that our audits provide a reasonable basis
	for our opinion.
	In
	our opinion, the financial statements referred to above present fairly, in all
	material respects, the financial position of Diamond Information Institute, Inc.
	d/b/a Designs by Bergio as of December 31, 2007 and 2006, and the results of its
	operations and its cash flows for the years ended December 31, 2007 and 2006, in
	conformity with accounting principles generally accepted in the United States of
	America.
	As
	described in Note 3 to the financial statements, the 2006 financial statements
	have been restated for technical correction of an error in the application of an
	accounting principle related to revenue recognition.
	   /s/ Moore Stephens,
	P.C.
	MOORE STEPHENS, P.C.
	Certified Public
	Accountants
	Cranford,
	New Jersey
	March
	25, 2008
| 
 
	DIAMOND
	INFORMATION INSTITUTE, INC. D/B/A DESIGNS BY BERGIO
 
 | 
| 
 
	BALANCE
	SHEETS
 
 | 
 
	 
	 
| 
	 
 | 
	 
 | 
 
	June 30,
 
 | 
	 
 | 
	 
 | 
 
	December 31,
 
 | 
	 
 | 
| 
	 
 | 
	 
 | 
 
	2008
 
 | 
	 
 | 
	 
 | 
 
	2007
 
 | 
	 
 | 
| 
	 
 | 
	 
 | 
 
	[Unaudited]
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Assets:
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Current
	Assets:
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Accounts
	Receivable
 
 | 
	 
 | 
	$
 | 
	616,523
 | 
	 
 | 
	 
 | 
	$
 | 
	692,619
 | 
	 
 | 
| 
 
	Inventory
 
 | 
	 
 | 
	 
 | 
	1,370,305
 | 
	 
 | 
	 
 | 
	 
 | 
	1,333,752
 | 
	 
 | 
| 
 
	Prepaid
	Expenses
 
 | 
	 
 | 
	 
 | 
	25,280
 | 
	 
 | 
	 
 | 
	 
 | 
	48,618
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Total
	Current Assets
 
 | 
	 
 | 
	 
 | 
	2,012,108
 | 
	 
 | 
	 
 | 
	 
 | 
	2,074,989
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Property
	and Equipment - Net
 
 | 
	 
 | 
	 
 | 
	191,849
 | 
	 
 | 
	 
 | 
	 
 | 
	222,715
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Other
	Assets:
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Deferred
	Tax Asset
 
 | 
	 
 | 
	 
 | 
	78,891
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
| 
 
	Investment
	in Unconsolidated Affiliate
 
 | 
	 
 | 
	 
 | 
	5,829
 | 
	 
 | 
	 
 | 
	 
 | 
	5,000
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Total
	Other Assets
 
 | 
	 
 | 
	 
 | 
	84,720
 | 
	 
 | 
	 
 | 
	 
 | 
	5,000
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Total
	Assets
 
 | 
	 
 | 
	$
 | 
	2,288,677
 | 
	 
 | 
	 
 | 
	$
 | 
	2,302,704
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
 
	See
	Notes to Financial Statements.
| 
 
	DIAMOND
	INFORMATION INSTITUTE, INC. D/B/A DESIGNS BY BERGIO
 
 | 
	 
 | 
	 
 | 
| 
 
	BALANCE
	SHEETS
 
 | 
 
	 
	 
| 
	 
 | 
	 
 | 
 
	June 30,
 
 | 
	 
 | 
	 
 | 
 
	December 31,
 
 | 
	 
 | 
| 
	 
 | 
	 
 | 
 
	2008
 
 | 
	 
 | 
	 
 | 
 
	2007
 
 | 
	 
 | 
| 
	 
 | 
	 
 | 
 
	[Unaudited]
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Liabilities
	and Stockholders' Equity:
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Current
	Liabilities:
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Cash
	Overdraft
 
 | 
	 
 | 
	$
 | 
	157,595
 | 
	 
 | 
	 
 | 
	$
 | 
	48,144
 | 
	 
 | 
| 
 
	Accounts
	Payable and Accrued Expenses
 
 | 
	 
 | 
	 
 | 
	234,781
 | 
	 
 | 
	 
 | 
	 
 | 
	389,798
 | 
	 
 | 
| 
 
	Bank
	Lines of Credit - Net
 
 | 
	 
 | 
	 
 | 
	891,858
 | 
	 
 | 
	 
 | 
	 
 | 
	853,621
 | 
	 
 | 
| 
 
	Current
	Maturities of Notes Payable
 
 | 
	 
 | 
	 
 | 
	105,856
 | 
	 
 | 
	 
 | 
	 
 | 
	110,088
 | 
	 
 | 
| 
 
	Current
	Maturities of Capital Leases
 
 | 
	 
 | 
	 
 | 
	19,979
 | 
	 
 | 
	 
 | 
	 
 | 
	19,060
 | 
	 
 | 
| 
 
	Advances
	from Stockholder - Net
 
 | 
	 
 | 
	 
 | 
	182,650
 | 
	 
 | 
	 
 | 
	 
 | 
	90,289
 | 
	 
 | 
| 
 
	Sales
	Returns and Allowances Reserve
 
 | 
	 
 | 
	 
 | 
	34,398
 | 
	 
 | 
	 
 | 
	 
 | 
	24,726
 | 
	 
 | 
| 
 
	Deferred
	Tax Liability
 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	13,812
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Total
	Current Liabilities
 
 | 
	 
 | 
	 
 | 
	1,627,117
 | 
	 
 | 
	 
 | 
	 
 | 
	1,549,538
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Long-Term
	Liabilities
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Notes
	Payable
 
 | 
	 
 | 
	 
 | 
	127,910
 | 
	 
 | 
	 
 | 
	 
 | 
	177,167
 | 
	 
 | 
| 
 
	Capital
	Leases
 
 | 
	 
 | 
	 
 | 
	50,756
 | 
	 
 | 
	 
 | 
	 
 | 
	60,924
 | 
	 
 | 
| 
 
	Deferred
	Tax Liability
 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	78,672
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Total
	Long-Term Liabilities
 
 | 
	 
 | 
	 
 | 
	178,666
 | 
	 
 | 
	 
 | 
	 
 | 
	316,763
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Commitments
	and Contingencies
 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Stockholders'
	Equity
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Common
	Stock - $.001 Par Value, 25,000,000
 
	Shares
	Authorized, 11,443,100 and 18,075,000
 
	Shares
	Issued and Outstanding as of June 30,
 
	2008
	and December 31, 2007, respectively
 
 | 
	 
 | 
	 
 | 
	11,444
 | 
	 
 | 
	 
 | 
	 
 | 
	18,075
 | 
	 
 | 
| 
 
	Additional
	Paid-In Capital
 
 | 
	 
 | 
	 
 | 
	1,349,906
 | 
	 
 | 
	 
 | 
	 
 | 
	825,175
 | 
	 
 | 
| 
 
	Stock
	Subscription Receivable
 
 | 
	 
 | 
	 
 | 
	(400
 | 
	)
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
| 
 
	Accumulated
	Deficit
 
 | 
	 
 | 
	 
 | 
	(878,056
 | 
	)
 | 
	 
 | 
	 
 | 
	(392,540
 | 
	)
 | 
| 
 
	Deferred
	Compensation
 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	(14,307
 | 
	)
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Total
	Stockholders' Equity
 
 | 
	 
 | 
	 
 | 
	482,894
 | 
	 
 | 
	 
 | 
	 
 | 
	436,403
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Total
	Liabilities and Stockholders' Equity
 
 | 
	 
 | 
	$
 | 
	2,288,677
 | 
	 
 | 
	 
 | 
	$
 | 
	2,302,704
 | 
	 
 | 
 
	See
	Notes to Financial Statements.
| 
 
	DIAMOND
	INFORMATION INSTITUTE, INC. D/B/A DESIGNS BY BERGIO
 
 | 
| 
 
	STATEMENTS
	OF OPERATIONS
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
 
	 
	 
| 
	 
 | 
	 
 | 
 
	June 30,
 
 | 
	 
 | 
 
	June 30,
 
 | 
	 
 | 
 
	December 31,
 
 | 
	 
 | 
 
	December 31,
 
 | 
| 
	 
 | 
	 
 | 
 
	2008
 
 | 
	 
 | 
 
	2007
 
 | 
	 
 | 
 
	2007
 
 | 
	 
 | 
 
	2006
 
 | 
| 
	 
 | 
	 
 | 
 
	[Unaudited]
 
 | 
	 
 | 
 
	[Unaudited]
 
 | 
	 
 | 
	 
 | 
	 
 | 
 
	[Restated]
 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
 
	[Restated]
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Sales
 
 | 
	 
 | 
 
	 $       642,883
 
 | 
	 
 | 
 
	 $       508,211
 
 | 
	 
 | 
 
	 $    1,296,585
 
 | 
	 
 | 
 
	 $    1,974,008
 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Cost
	of Sales
 
 | 
	 
 | 
 
	          302,129
 
 | 
	 
 | 
 
	          585,967
 
 | 
	 
 | 
 
	       1,226,561
 
 | 
	 
 | 
 
	       1,063,641
 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Gross
	Profit [Loss]
 
 | 
	 
 | 
 
	          340,754
 
 | 
	 
 | 
 
	          (77,756)
 
 | 
	 
 | 
 
	            70,024
 
 | 
	 
 | 
 
	          910,367
 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Selling
	Expenses
 
 | 
	 
 | 
 
	143,765
 
 | 
	 
 | 
 
	          233,803
 
 | 
	 
 | 
 
	          392,793
 
 | 
	 
 | 
 
	          442,061
 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	General
	and Administrative Expenses *
 
 | 
	 
 | 
 
	          796,071
 
 | 
	 
 | 
 
	          564,569
 
 | 
	 
 | 
 
	       1,095,549
 
 | 
	 
 | 
 
	          316,493
 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Total
	Operating Expenses
 
 | 
	 
 | 
 
	          939,836
 
 | 
	 
 | 
 
	          798,372
 
 | 
	 
 | 
 
	       1,488,342
 
 | 
	 
 | 
 
	          758,554
 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	[Loss]
	Income from Operations
 
 | 
	 
 | 
 
	        (599,082)
 
 | 
	 
 | 
 
	        (876,128)
 
 | 
	 
 | 
 
	     (1,418,318)
 
 | 
	 
 | 
 
	          151,813
 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Other
	[Expense] - Net
 
 | 
	 
 | 
 
	          (54,880)
 
 | 
	 
 | 
 
	          (59,870)
 
 | 
	 
 | 
 
	          (85,304)
 
 | 
	 
 | 
 
	          (54,619)
 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	[Loss]
	Income Before Income Tax [Benefit] Provision
 
 | 
	 
 | 
 
	        (653,962)
 
 | 
	 
 | 
 
	        (935,998)
 
 | 
	 
 | 
 
	     (1,503,622)
 
 | 
	 
 | 
 
	            97,194
 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Income
	Tax [Benefit] Provision
 
 | 
	 
 | 
 
	        (168,446)
 
 | 
	 
 | 
 
	        (148,221)
 
 | 
	 
 | 
 
	        (331,642)
 
 | 
	 
 | 
 
	            34,953
 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Net
	[Loss] Income
 
 | 
	 
 | 
 
	 $     (485,516)
 
 | 
	 
 | 
 
	 $     (787,777)
 
 | 
	 
 | 
 
	 $  (1,171,980)
 
 | 
	 
 | 
 
	 $         62,241
 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Net
	[Loss] Earnings Per Share - Basic and Diluted
 
 | 
	 
 | 
 
	 $           (0.04)
 
 | 
	 
 | 
 
	 $          (0.05)
 
 | 
	 
 | 
 
	 $           (0.07)
 
 | 
	 
 | 
 
	 $             0.00
 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Weighted
	Average Common Shares Outstanding
 
 | 
	 
 | 
 
	     13,249,460
 
 | 
	 
 | 
 
	     17,502,072
 
 | 
	 
 | 
 
	     17,790,890
 
 | 
	 
 | 
 
	     17,250,000
 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	*
	- Includes common stock issued for share-based compensation expense and
	legal services rendered in connection with SEC
	filings.
 
 | 
 
	See
	Notes to Financial Statements.
| 
 
	DIAMOND
	INFORMATION INSTITUTE, INC. D/B/A DESIGNS BY BERGIO
 
 | 
| 
 
	STATEMENT
	OF CHANGES IN STOCKHOLDERS' EQUITY
 
 | 
 
	 
	 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
 
	Retained
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
 
	Additional
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
 
	Earnings/
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
 
	Total
 
 | 
	 
 | 
| 
	 
 | 
	 
 | 
 
	Common Stock
 
 | 
	 
 | 
	 
 | 
 
	Paid-In
 
 | 
	 
 | 
	 
 | 
 
	Stock Subscription
 
 | 
	 
 | 
	 
 | 
 
	[Accumulated
 
 | 
	 
 | 
	 
 | 
 
	Deferred
 
 | 
	 
 | 
	 
 | 
 
	Stockholders'
 
 | 
	 
 | 
| 
 
	Description
 
 | 
	 
 | 
 
	Shares
 
 | 
	 
 | 
	 
 | 
 
	Par Value
 
 | 
	 
 | 
	 
 | 
 
	Capital
 
 | 
	 
 | 
	 
 | 
 
	Receivable
 
 | 
	 
 | 
	 
 | 
 
	Deficit]
 
 | 
	 
 | 
	 
 | 
 
	Compensation
 
 | 
	 
 | 
	 
 | 
 
	Equity
 
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Balance
	as of January 1, 2006
 
 | 
	 
 | 
	 
 | 
	17,250,000
 | 
	 
 | 
	 
 | 
	 
 | 
	17,250
 | 
	 
 | 
	 
 | 
	 
 | 
	1,000
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	717,199
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	735,449
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Net
	Income, As Restated
 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	62,241
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	62,241
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Balance
	as of December 31, 2006 [Restated]
 
 | 
	 
 | 
	 
 | 
	17,250,000
 | 
	 
 | 
	 
 | 
	 
 | 
	17,250
 | 
	 
 | 
	 
 | 
	 
 | 
	1,000
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	779,440
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	797,690
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Private
	Placement
 
	Offering
	of
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Common
	Stock
 
 | 
	 
 | 
	 
 | 
	425,000
 | 
	 
 | 
	 
 | 
	 
 | 
	425
 | 
	 
 | 
	 
 | 
	 
 | 
	424,575
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	425,000
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Share-Based
 
	Compensation
 
 | 
	 
 | 
	 
 | 
	150,000
 | 
	 
 | 
	 
 | 
	 
 | 
	150
 | 
	 
 | 
	 
 | 
	 
 | 
	149,850
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	150,000
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Issuance
	of
 
	Common
	Stock in
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Exchange
	for
 
	Debt
 
	Conversions
	and
 
	Services
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	To
	be Rendered
 
 | 
	 
 | 
	 
 | 
	250,000
 | 
	 
 | 
	 
 | 
	 
 | 
	250
 | 
	 
 | 
	 
 | 
	 
 | 
	249,750
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	(44,307
 | 
	)
 | 
	 
 | 
	 
 | 
	205,693
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Amortization
	of
 
	Deferred
 
	Compensation
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
 
| 
 
	in
	Connection
 
	with
	Services
 
	Rendered
 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	30,000
 | 
	 
 | 
	 
 | 
	 
 | 
	30,000
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Net
	[Loss]
 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	(1,171,980
 | 
	)
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	(1,171,980
 | 
	)
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Balance
	as of December 31, 2007
 
 | 
	 
 | 
	 
 | 
	18,075,000
 | 
	 
 | 
	 
 | 
	 
 | 
	18,075
 | 
	 
 | 
	 
 | 
	 
 | 
	825,175
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	(392,540
 | 
	)
 | 
	 
 | 
	 
 | 
	(14,307
 | 
	)
 | 
	 
 | 
	 
 | 
	436,403
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Cancellation
	of
 
	Common
	Stock
 
	Outstanding
 
 | 
	 
 | 
	 
 | 
	(7,200,000
 | 
	)
 | 
	 
 | 
	 
 | 
	(7,200
 | 
	)
 | 
	 
 | 
	 
 | 
	7,200
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Share-Based
 
	Compensation
 
 | 
	 
 | 
	 
 | 
	317,500
 | 
	 
 | 
	 
 | 
	 
 | 
	319
 | 
	 
 | 
	 
 | 
	 
 | 
	267,182
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	267,500
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Amortization
	of
 
	Deferred
 
	Compensation
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	in
	Connection
 
	with
	Services
 
	Rendered
 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	14,307
 | 
	 
 | 
	 
 | 
	 
 | 
	14,307
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Common
	Stock
 
	Issued
	for
 
	Professional
 
	Services
 
 | 
	 
 | 
	 
 | 
	250,000
 | 
	 
 | 
	 
 | 
	 
 | 
	250
 | 
	 
 | 
	 
 | 
	 
 | 
	249,750
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	250,000
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Private
	Placement
 
	Offering
	of
 
	Common
	Stock
 
 | 
	 
 | 
	 
 | 
	600
 | 
	 
 | 
	 
 | 
	 
 | 
	1
 | 
	 
 | 
	 
 | 
	 
 | 
	599
 | 
	 
 | 
	 
 | 
	 
 | 
	(400
 | 
	)
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	200
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Net
	[Loss]
 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	(485,516
 | 
	)
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	(485,516
 | 
	)
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Balance
	as of June 30, 2008
 
 | 
	 
 | 
	 
 | 
	11,443,100
 | 
	 
 | 
	 
 | 
	$
 | 
	11,444
 | 
	 
 | 
	 
 | 
	$
 | 
	1,349,906
 | 
	 
 | 
	 
 | 
	$
 | 
	(400
 | 
	)
 | 
	 
 | 
	$
 | 
	(878,056
 | 
	)
 | 
	 
 | 
	$
 | 
	-
 | 
	 
 | 
	 
 | 
	$
 | 
	482,894
 | 
	 
 | 
 
| 
 
	DIAMOND
	INFORMATION INSTITUTE, INC. D/B/A DESIGNS BY BERGIO
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	STATEMENTS
	OF CASH FLOWS
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
 
	 
	 
| 
	 
 | 
	 
 | 
 
	June 30,
 
 | 
	 
 | 
	 
 | 
 
	June 30,
 
 | 
	 
 | 
	 
 | 
 
	December 31,
 
 | 
	 
 | 
	 
 | 
 
	December 31,
 
 | 
	 
 | 
| 
	 
 | 
	 
 | 
 
	2008
 
 | 
	 
 | 
	 
 | 
 
	2007
 
 | 
	 
 | 
	 
 | 
 
	2007
 
 | 
	 
 | 
	 
 | 
 
	2006
 
 | 
	 
 | 
| 
	 
 | 
	 
 | 
 
	[Unaudited]
 
 | 
	 
 | 
	 
 | 
 
	[Unaudited]
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
 
	[Restated]
 
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
 
	[Restated]
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Operating
	Activities
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Net
	[Loss] Income
 
 | 
	 
 | 
	$
 | 
	(485,516
 | 
	)
 | 
	 
 | 
	$
 | 
	(787,777
 | 
	)
 | 
	 
 | 
	$
 | 
	(1,171,980
 | 
	)
 | 
	 
 | 
	$
 | 
	62,241
 | 
	 
 | 
| 
 
	Adjustments
	to Reconcile Net [Loss]
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Income
	to Net Cash [Used in ] Operating Activities:
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Sales
	Returns and Allowance Reserve
 
 | 
	 
 | 
	 
 | 
	9,672
 | 
	 
 | 
	 
 | 
	 
 | 
	35,437
 | 
	 
 | 
	 
 | 
	 
 | 
	(17,450
 | 
	)
 | 
	 
 | 
	 
 | 
	42,176
 | 
	 
 | 
| 
 
	Depreciation
	and Amortization
 
 | 
	 
 | 
	 
 | 
	30,866
 | 
	 
 | 
	 
 | 
	 
 | 
	27,252
 | 
	 
 | 
	 
 | 
	 
 | 
	55,020
 | 
	 
 | 
	 
 | 
	 
 | 
	26,208
 | 
	 
 | 
| 
 
	Share-Based
	Compensation
 
 | 
	 
 | 
	 
 | 
	267,500
 | 
	 
 | 
	 
 | 
	 
 | 
	75,000
 | 
	 
 | 
	 
 | 
	 
 | 
	150,000
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
| 
 
	Services
	Rendered for Common Stock
 
 | 
	 
 | 
	 
 | 
	250,000
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
| 
 
	Amortization
	of Deferred Compensation
 
 | 
	 
 | 
	 
 | 
	14,307
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	30,000
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
| 
 
	Appreciation
	in Fair Value of Investment
 
 | 
	 
 | 
	 
 | 
	(829
 | 
	)
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
| 
 
	Deferred
	Tax [Benefit] Provision
 
 | 
	 
 | 
	 
 | 
	(171,375
 | 
	)
 | 
	 
 | 
	 
 | 
	(150,720
 | 
	)
 | 
	 
 | 
	 
 | 
	(275,126
 | 
	)
 | 
	 
 | 
	 
 | 
	34,257
 | 
	 
 | 
| 
 
	Allowance
	for Doubtful Accounts
 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	(18,781
 | 
	)
 | 
	 
 | 
	 
 | 
	(36,250
 | 
	)
 | 
	 
 | 
	 
 | 
	21,250
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Changes
	in Assets and Liabilities
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	[Increase]
	Decrease in:
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Accounts
	Receivable
 
 | 
	 
 | 
	 
 | 
	76,096
 | 
	 
 | 
	 
 | 
	 
 | 
	460,089
 | 
	 
 | 
	 
 | 
	 
 | 
	466,234
 | 
	 
 | 
	 
 | 
	 
 | 
	(335,318
 | 
	)
 | 
| 
 
	Inventory
 
 | 
	 
 | 
	 
 | 
	(36,553
 | 
	)
 | 
	 
 | 
	 
 | 
	(43,923
 | 
	)
 | 
	 
 | 
	 
 | 
	272
 | 
	 
 | 
	 
 | 
	 
 | 
	(7,364
 | 
	)
 | 
| 
 
	Prepaid
	Expenses
 
 | 
	 
 | 
	 
 | 
	23,338
 | 
	 
 | 
	 
 | 
	 
 | 
	(15,904
 | 
	)
 | 
	 
 | 
	 
 | 
	(6,425
 | 
	)
 | 
	 
 | 
	 
 | 
	(21,333
 | 
	)
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Increase
	[Decrease] in:
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Accounts
	Payable and Accrued Expenses
 
 | 
	 
 | 
	 
 | 
	(155,017
 | 
	)
 | 
	 
 | 
	 
 | 
	44,298
 | 
	 
 | 
	 
 | 
	 
 | 
	183,067
 | 
	 
 | 
	 
 | 
	 
 | 
	30,121
 | 
	 
 | 
| 
 
	Total
	Adjustments
 
 | 
	 
 | 
	 
 | 
	308,005
 | 
	 
 | 
	 
 | 
	 
 | 
	412,748
 | 
	 
 | 
	 
 | 
	 
 | 
	549,342
 | 
	 
 | 
	 
 | 
	 
 | 
	(210,003
 | 
	)
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Net
	Cash - Operating Activities
 
 | 
	 
 | 
	 
 | 
	(177,511
 | 
	)
 | 
	 
 | 
	 
 | 
	(375,029
 | 
	)
 | 
	 
 | 
	 
 | 
	(622,638
 | 
	)
 | 
	 
 | 
	 
 | 
	(147,762
 | 
	)
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Investing
	Activities:
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Capital
	Expenditures
 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	(50,692
 | 
	)
 | 
	 
 | 
	 
 | 
	(51,542
 | 
	)
 | 
	 
 | 
	 
 | 
	(90,758
 | 
	)
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Financing
	Activities:
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Cash
	Overdraft
 
 | 
	 
 | 
	 
 | 
	109,451
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	48,144
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
| 
 
	Advances
	under Lines of Credit - Net
 
 | 
	 
 | 
	 
 | 
	38,237
 | 
	 
 | 
	 
 | 
	 
 | 
	286,565
 | 
	 
 | 
	 
 | 
	 
 | 
	204,488
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
| 
 
	Proceeds
	from Notes Payable
 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	450,000
 | 
	 
 | 
| 
 
	Repayments
	of Notes Payable
 
 | 
	 
 | 
	 
 | 
	(53,489
 | 
	)
 | 
	 
 | 
	 
 | 
	(47,347
 | 
	)
 | 
	 
 | 
	 
 | 
	(99,678
 | 
	)
 | 
	 
 | 
	 
 | 
	(221,210
 | 
	)
 | 
| 
 
	Advances
	[Repayments] from Stockholder - Net
 
 | 
	 
 | 
	 
 | 
	92,361
 | 
	 
 | 
	 
 | 
	 
 | 
	(6,685
 | 
	)
 | 
	 
 | 
	 
 | 
	65,209
 | 
	 
 | 
	 
 | 
	 
 | 
	1,041
 | 
	 
 | 
| 
 
	Repayments
	of Capital Leases
 
 | 
	 
 | 
	 
 | 
	(9,249
 | 
	)
 | 
	 
 | 
	 
 | 
	(3,959
 | 
	)
 | 
	 
 | 
	 
 | 
	(11,450
 | 
	)
 | 
	 
 | 
	 
 | 
	(4,567
 | 
	)
 | 
| 
 
	Proceeds
	from Private Placements of Common Stock
 
 | 
	 
 | 
	 
 | 
	200
 | 
	 
 | 
	 
 | 
	 
 | 
	425,000
 | 
	 
 | 
	 
 | 
	 
 | 
	425,000
 | 
	 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Net
	Cash - Financing Activities
 
 | 
	 
 | 
	 
 | 
	177,511
 | 
	 
 | 
	 
 | 
	 
 | 
	653,574
 | 
	 
 | 
	 
 | 
	 
 | 
	631,713
 | 
	 
 | 
	 
 | 
	 
 | 
	225,264
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Net
	Increase [Decrease] in Cash
 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	227,853
 | 
	 
 | 
	 
 | 
	 
 | 
	(42,467
 | 
	)
 | 
	 
 | 
	 
 | 
	(13,256
 | 
	)
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	   Cash
	- Beginning of Periods
 
 | 
	 
 | 
	 
 | 
	-
 | 
	 
 | 
	 
 | 
	 
 | 
	42,467
 | 
	 
 | 
	 
 | 
	 
 | 
	42,467
 | 
	 
 | 
	 
 | 
	 
 | 
	55,723
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Cash
	- End of Periods
 
 | 
	 
 | 
	$
 | 
	-
 | 
	 
 | 
	 
 | 
	$
 | 
	270,320
 | 
	 
 | 
	 
 | 
	$
 | 
	-
 | 
	 
 | 
	 
 | 
	$
 | 
	42,467
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
 
	 
	 
	 
| 
 
	DIAMOND
	INFORMATION INSTITUTE, INC. D/B/A DESIGNS BY BERGIO
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	STATEMENTS
	OF CASH FLOWS
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
 
	 
	 
| 
	 
 | 
	 
 | 
 
	June 30,
 
 | 
	 
 | 
	 
 | 
 
	June 30,
 
 | 
	 
 | 
	 
 | 
 
	December 31,
 
 | 
	 
 | 
	 
 | 
 
	December 31,
 
 | 
	 
 | 
| 
	 
 | 
	 
 | 
 
	2008
 
 | 
	 
 | 
	 
 | 
 
	2007
 
 | 
	 
 | 
	 
 | 
 
	2007
 
 | 
	 
 | 
	 
 | 
 
	2006
 
 | 
	 
 | 
| 
	 
 | 
	 
 | 
 
	[Unaudited]
 
 | 
	 
 | 
	 
 | 
 
	[Unaudited]
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
 
	[Restated]
 
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
 
	[Restated]
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Supplemental Disclosures of Cash Flow
	Information:
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Cash
	Paid during the years for:
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Interest
 
 | 
	 
 | 
	$
 | 
	59,000
 | 
	 
 | 
	 
 | 
	$
 | 
	59,000
 | 
	 
 | 
	 
 | 
	$
 | 
	119,000
 | 
	 
 | 
	 
 | 
	$
 | 
	57,000
 | 
	 
 | 
| 
 
	Income
	Taxes
 
 | 
	 
 | 
	$
 | 
	4,000
 | 
	 
 | 
	 
 | 
	$
 | 
	2,000
 | 
	 
 | 
	 
 | 
	$
 | 
	2,000
 | 
	 
 | 
	 
 | 
	$
 | 
	700
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
	Supplemental
	Disclosures of Non-Cash Investing and Financing Activities:
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	During
	2007, the Company issued 250,000 shares of common stock to
	vendors
 
 | 
	 
 | 
| 
 
	totaling
	$250,000. There shares were issued as consideration for payment of
	accounts
 
 | 
	 
 | 
| 
 
	payable
	balances and pre-payments for services to be rendered.
 
 | 
	 
 | 
| 
	 
 | 
	 
 | 
| 
 
	During
	2007 and 2006, the Company entered into certain capital leases for
	the
 
 | 
	 
 | 
| 
 
	purchase
	of equipment having an aggregate net present value of $40,000 and
	$56,000,
 
 | 
	 
 | 
| 
	respectively.
 | 
	 
 | 
 
	See
	Notes to Financial Statements.
	DIAMOND
	INFORMATION INSTITUTE, INC. D/B/A DESIGNS BY BERGIO
	NOTES
	TO FINANCIAL STATEMENTS
	[1]
	Nature of Operations
	Diamond
	Information Institute Inc. d/b/a Designs by Bergio [the "Company"] is engaged in
	the product design, manufacturing, distribution of fine jewelry throughout the
	United States and is headquartered from its corporate office in Fairfield, New
	Jersey.  Based on the nature of operations, the Company's sales cycle
	experiences significant seasonal volatility with the first two quarters of the
	year representing 15% - 25% of annual sales and the remaining two quarters
	representing the remaining portion of annual sales.
	[2]
	Summary of Significant Accounting Policies
	Use of Estimates
	-
	The preparation of financial statements in conformity with generally
	accepted accounting principles requires management to make estimates and
	assumptions that affect the reported amounts of assets and liabilities and
	disclosure of contingent assets and liabilities at the date of the financial
	statements and the reported amounts of revenues and expenses during the
	reporting period.  Actual results could differ from those
	estimates.
	Cash and Cash
	Equivalents -
	Cash equivalents are comprised of certain highly liquid
	instruments with a maturity of three months or less when
	purchased.  The Company did not have any cash equivalents on hand at
	December 31, 2007 and 2006.
	Accounts
	Receivable -
	Fine jewelry is sold to retail outlets throughout the United
	States. For the year ended December 31, 2007 and 2006, accounts receivable were
	substantially comprised of balances due from retailers. As of December 31, 2007
	and 2006, allowance for doubtful accounts of $-0- and approximately $36,000 have
	been recorded.
	Inventory
	-
	Substantially all inventory consists primarily of finished goods and is
	valued at the lower of cost or market. Cost is determined using the weighted
	average method and average cost is recomputed after each inventory purchase or
	sale.
	During
	the year ended December 31, 2007, the Company recorded an inventory adjustment
	of approximately $284,000 to more appropriately value amounts on hand at the
	lower of cost or market.  The inventory adjustment was prompted by the
	refinement of cost and quantity on hand data attributable to the conversion of
	the Company's books and records to new accounting software in early
	2007.  Subsequent to implementation of the new accounting system, cost
	and quantity on hand data was refined as the Company discovered product data was
	not properly defined for importing into the new accounting
	module.  These data conversion complications were attributable to
	product information not established on a more disaggregated basis for proper
	recognition by the accounting module.  In other words, products
	offered with varying metal and stone qualities were not enumerated as needed,
	resulting in erroneous price averaging or improper quantities on hand, as
	product counts were not performed prior to data conversion.
	As
	management's sophistication for use of the accounting software increased, these
	discrepancies were discovered and corrected through greater specification of the
	product type in the accounting module and revision of unit costs by comparing to
	original purchasing documents or physical count of on hand
	quantities.  These corrective efforts prompted the aforementioned
	inventory adjustment.  There was no inventory adjustment during the
	year ended December 31, 2006.
	DIAMOND
	INFORMATION INSTITUTE, INC. D/B/A DESIGNS BY BERGIO
	NOTES
	TO FINANCIAL STATEMENTS, Sheet #2
	[2]
	Summary of Significant Accounting Policies [Continued]
	Concentrations of
	Credit Risk –
	Financial instruments which potentially subject the Company
	to concentrations of credit risk consist principally of cash and cash
	equivalents and accounts receivables.  The Company places its cash and
	cash equivalents with high credit quality financial institutions.  The
	Company, from time to time, maintains balances in financial institutions beyond
	the insured amounts.  As of December 31, 2007 and 2006, the Company
	$-0- and $13,000 of cash balances beyond the federally insured
	amounts.
	Concentrations
	of credit risk with respect to accounts receivable is limited due to the wide
	variety of customers and markets into which the Company's services are provided,
	as well as their dispersion across many different geographical
	areas.  As is characteristic of the Company's business and of the
	jewelry industry generally, the Company extends its customers seasonal credit
	terms which results in the Company carrying its customer's receivables for
	relatively long periods, exposing the Company to credit risk associated with
	non-payment by this customer. The carrying amount of receivables approximates
	fair value. The Company routinely assesses the financial strength of its
	customers and based upon the factors surrounding the credit risk of its
	customers, establishes an allowance for uncollectible accounts and, as a
	consequence believes that its accounts receivable credit risk exposure beyond
	the allowance for doubtful accounts is limited.  The Company does not
	require collateral to support these financial instruments.
	For
	the year ended December 31, 2007, one customer had 13%, or approximately
	$90,000 of gross accounts receivable outstanding.  For the year ended
	December 31, 2006, no customer exceeded 10% of sales or accounts
	receivable.
	Property and
	Equipment and Depreciation -
	Property and equipment are stated at
	cost.  Depreciation is computed using the straight-line method over
	estimated useful lives ranging from five (5) to seven (7) years.
	Expenditures
	for repairs and maintenance are charged to expense as incurred whereas
	expenditures for renewals and improvements that extend the useful life of the
	assets are capitalized.  Upon the sale or retirement, the cost and the
	related accumulated depreciation are eliminated from the respective accounts and
	any resulting gain or loss is reported within the Statements of Operations in
	the year of disposal.
	Long-Lived Assets
	-
	In accordance with Statement of Financial Accounting Standards ["SFAS"]
	No. 144, Accounting for the Impairment or Disposal of Long-Lived Assets,
	long-lived tangible assets subject to depreciation or amortization are reviewed
	for impairment whenever events or changes in circumstances indicate that the
	carrying amount of the asset over it's fair value as determined by an estimate
	of discounted future cash flows.  For the years ended December 31,
	2007 and 2006, no impairment charge was recorded within the Statement of
	Operations based on management's estimate of no events or changes in
	circumstances in the carrying amount of those assets in accordance with the
	prescribed guidance of SFAS No. 144.
	 
	Losses
	on assets held for disposal are recognized when management has approved and
	committed to a plan to dispose of the assets, and the assets are available for
	disposal.
	DIAMOND
	INFORMATION INSTITUTE, INC. D/B/A DESIGNS BY BERGIO
	NOTES
	TO FINANCIAL STATEMENTS, Sheet #3
	[2]
	Summary of Significant Accounting Policies [Continued]
	Fair Value of
	Financial Instruments -
	Generally accepted accounting principles require
	disclosing the fair value of financial instruments to the extent practicable for
	financial instruments, which are recognized or unrecognized in the balance
	sheet.  The fair value of the financial instruments disclosed herein
	is not necessarily representative of the amount that could be realized or
	settled, nor does the fair value amount consider the tax consequences of
	realization or settlement.  In assessing the fair value of these
	financial instruments, the Company used a variety of methods and assumptions,
	which were based on estimates of market conditions and risks existing at that
	time.  For certain instruments, including cash, accounts receivable,
	accounts payable and accrued expenses, it was estimated that the carrying amount
	approximated fair value for the majority of these instruments because of their
	short maturity.  The fair value of furniture, fixtures and equipment
	is estimated to approximate their net book value.  The fair value of
	debt obligations as recorded approximates their fair values due to the variable
	rate of interest associated with these underlying obligations.
	Investments in
	Unconsolidated Affiliates
	-
	Investments in
	unconsolidated affiliates, jointly owned companies and other investees in which
	the Company owns 20% to 50% interest or otherwise exercises significant
	influence are carried at cost, adjusted for the Company's proportionate share of
	their undistributed earnings or losses.  Investments in unconsolidated
	affiliates, in which the Company owns less than 20% or otherwise does not
	exercise significant influence, are stated at cost.  At December 31,
	2007 and 2006, the Company had an investment in which, the Company owned less
	than 1% interest in an unconsolidated affiliate and therefore the investment is
	carried at cost
	Revenue
	Recognition -
	Revenue is recognized upon the shipment of products to
	customers with the price to the buyer being fixed and determinable and
	collectibility reasonably assured.  The Company maintains a reserve
	for potential product returns based on historical experience.
	Warranty Costs
	-
	The Company maintains a reserve for costs that it estimates will be
	needed to cover future product warranty obligations for products sold during the
	year. This estimate is based upon the Company's historical experience as well as
	current production techniques.  Historically, these costs have been
	immaterial.
	Share-Based
	Compensation -
	The Company does not currently sponsor stock option plans
	or restricted stock awards plans.  However, on January 1, 2006, the
	Company adopted the provisions of SFAS No. 123(R), "Share-Based Payment" using
	the modified prospective method. SFAS No. 123(R) requires companies to recognize
	the cost of employee services received in exchange for awards of equity
	instruments based upon the grant date fair value of those awards. Under the
	modified prospective  method of adopting SFAS No. 123(R), the Company
	recognized compensation cost for all share-based payments granted after January
	1, 2006, plus any awards granted to employees prior to January 1, 2006 that
	remain unvested at that time. Under this method of adoption, no restatement of
	prior periods is made.
	The
	Company applies the fair value provisions of SFAS No. 123(R), to issuance of
	non-employee equity instruments at either the fair value of the services
	rendered or the instruments issued in exchange for such services, whichever is
	more readily determinable, using the measurement date guidelines enumerated in
	EITF 96-18, "Accounting for Equity Instruments That are Issued to Other Than
	Employees for Acquiring, or in Conjunction with Selling, Goods or
	Services".
	During
	2007, the Company issued 150,000 shares of restricted common stock to employees
	at a
	fair
	value of $1 and recognized the cost of this compensation ratably over a service
	term of one year.  Also, the Company issued approximately 45,000
	shares of common stock to non-employees for services rendered of which, $30,000
	worth of those shares were expensed in 2007.  The fair value of both
	shares issuances were measured based upon other arms length transactions entered
	into for which, common stock was issued at $1 per share. For the year ended
	December 31, 2006, no share-based compensation was recognized.
	DIAMOND
	INFORMATION INSTITUTE, INC. D/B/A DESIGNS BY BERGIO
	NOTES
	TO FINANCIAL STATEMENTS, Sheet #4
	[2]
	Summary of Significant Accounting Policies [Continued]
	Advertising and
	Promotional Costs -
	Advertising and promotional costs are expensed as
	incurred and are recorded as part of Selling Expenses in the Statement of
	Operations.  The total cost was approximately $151,000 and $178,000
	for the years ended December 31, 2007 and 2006, respectively.
	During
	the year, the Company prepays costs associated with trade shows which, are
	recorded as Prepaid Expenses in the Balance Sheet and are charged to the
	Statement of Operations upon the trade shows being conducted.  As of
	December 31, 2007, approximately $49,000 of prepaid trade show expenses have
	been recorded.
	Income Taxes -
	The Company follows the provisions of SFAS No. 109, "Accounting for
	Income Taxes."  Under the asset and liability method of SFAS 109,
	deferred income tax assets and liabilities are recognized for the future tax
	consequences attributable to differences between the financial statement
	carrying amounts of existing assets and liabilities and their respective tax
	basis.  Deferred income tax assets and liabilities are measured using
	enacted tax rates expected to apply to taxable income in the years in which
	those temporary differences are expected to be recovered or
	settled.  Under SFAS 109, the effect on deferred income tax assets and
	liabilities of a change in tax rates is recognized in earnings in the period
	that includes the enactment date.  Valuation allowances are
	established when necessary to reduce deferred tax assets to amounts expected to
	be realized.
	On
	January 1, 2007, we adopted the provisions of FIN 48, "Accounting for
	Uncertainty in Income Taxes - an interpretation of FASB Statement No. 109",
	which provides a financial statement recognition threshold and measurement
	attribute for a tax position taken or expected to be taken in a tax
	return.  Under FIN 48, we may recognize the tax benefit from an
	uncertain tax position only if it is more likely than not that the tax position
	will be sustained on examination by the taxing authorities, based on the
	technical merits of the position.  The tax benefits recognized in the
	financial statements from such a position should be measured based on the
	largest benefit that has a greater than 50% likelihood of being realized upon
	ultimate settlement.  FIN 48 also provides guidance on derecognition
	of income tax assets and liabilities, classification of current and deferred
	income tax assets and liabilities, accounting for interest and penalties
	associated with tax positions, and income tax disclosures.  The
	adoption of FIN 48 did not have a material impact on our financial
	statements.
	Basic and Diluted
	Loss Per Share -
	Basic earnings per share includes no dilution and is
	computed by dividing earnings  available to common stockholders by the
	weighted average number of common shares outstanding for the period. Dilutive
	earnings per share reflect the potential dilution of securities that could occur
	through the effect of common shares issuable upon the exercise of stock options,
	warrants and convertible securities.  For the years ended December 31,
	2007 and 2006, potential common shares amount to 425,000 shares under its Class
	A purchase warrants and have not been included in the computation of diluted
	loss per share since the effect would be anti-dilutive.
	Reclassifications
	-
	Certain prior year amounts have been reclassified to conform to current
	interim period presentation.
	DIAMOND
	INFORMATION INSTITUTE, INC. D/B/A DESIGNS BY BERGIO
	NOTES
	TO FINANCIAL STATEMENTS, Sheet #5
	[3]
	Restatement of Financial Statements
	The
	Company restated its initially reported annual 2006 financial statements to
	correct for deficiencies related to the recognition of a sales returns and
	allowances reserve in accordance with Statement of Financial Accounting
	Standards ["SFAS"] No. 48, "Revenue Recognition When Right of Return Exists."
	The Company did not previously employ a policy sufficient to comply with the
	provisions of SFAS No. 48 and as a result, required establishment of a reserve
	based on the significance of returns applicable to the prior period to ensure
	matching of sales returns to the period the sales were consummated.
	The
	net effect of the restatement for the 2006 annual period, was to reduce sales
	and cost of sales by approximately $150,000 and $108,000,
	respectively.  In addition, previously reported net income was reduced
	by approximately $42,000 from $104,000 to $62,000 and is reflected in both the
	Statement of Operations and Statement of Stockholders' Equity.  Also,
	the Statement of Cash Flows reflects the reduction of net income and the
	adjustment to reconcile operating activities for the recognition of the sales
	returns and allowances reserve.
	[4]
	Property and Equipment
	Property
	and equipment and accumulated depreciation and amortization are as
	follows:
| 
	 
 | 
	 
 | 
 
	December
	31,
 
 | 
	 
 | 
| 
	 
 | 
	 
 | 
 
	2007
 
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Selling
	Equipment
 
 | 
	 
 | 
	$
 | 
	56,000
 | 
	 
 | 
| 
 
	Office
	and Equipment
 
 | 
	 
 | 
	 
 | 
	242,271
 | 
	 
 | 
| 
 
	Leasehold
	Improvements
 
 | 
	 
 | 
	 
 | 
	7,781
 | 
	 
 | 
| 
 
	Furniture
	and Fixtures
 
 | 
	 
 | 
	 
 | 
	18,487
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Total
	– At Cost
 
 | 
	 
 | 
	 
 | 
	324,539
 | 
	 
 | 
| 
 
	Less:
	Accumulated Depreciation and Amortization
 
 | 
	 
 | 
	 
 | 
	101,824
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	     
	Property
	and Equipment - Net
 
 | 
	 
 | 
	$
 | 
	222,715
 | 
	 
 | 
 
	Depreciation
	and amortization expense for the years ended December 31, 2007 and 2006 was
	approximately $55,000 and $26,000, respectively.
	[5]
	Notes Payable
| 
	 
 | 
	 
 | 
 
	December
	31,
 
 | 
	 
 | 
| 
	 
 | 
	 
 | 
 
	2007
 
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Notes
	payable due in equal monthly installments, over 36 months,
 
	   maturing
	through May 2009 at interest rates of 7.25%.  The notes
	are
 
	   collateralized
	by the assets of the Company.
 
 | 
	 
 | 
	$
 | 
	 70,833
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Notes
	payable due in equal monthly installments, over 60 months,
 
	   maturing
	through May 2011 at interest rates of 7.96%.  The notes
	are
 
	   collateralized
	by the assets of the Company.
 
 | 
	 
 | 
	 
 | 
	 
	216,422
 | 
	 
 | 
 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Total
 
 | 
	 
 | 
	 
 | 
	287,255
 | 
	 
 | 
| 
 
	Less:
	Current Maturities Included in Current Liabilities
 
 | 
	 
 | 
	 
 | 
	110,088
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	   
	Total
	Long-Term Portion of Debt
 
 | 
	 
 | 
	$
 | 
	177,167
 | 
	 
 | 
 
	DIAMOND
	INFORMATION INSTITUTE, INC. D/B/A DESIGNS BY BERGIO
	NOTES
	TO FINANCIAL STATEMENTS, Sheet #6
	[5]
	Notes Payable [Continued]
	Maturities
	of long-term debt is as follows:
| 
 
	Years
	ended
 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	December
	31,
 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	2008
 
 | 
	 
 | 
	$
 | 
	110,100
 | 
	 
 | 
| 
 
	2009
 
 | 
	 
 | 
	 
 | 
	80,700
 | 
	 
 | 
| 
 
	2010
 
 | 
	 
 | 
	 
 | 
	67,500
 | 
	 
 | 
| 
 
	2011
 
 | 
	 
 | 
	 
 | 
	28,900
 | 
	 
 | 
| 
 
	2012
 
 | 
	 
 | 
	 
 | 
	--
 | 
	 
 | 
| 
 
	Thereafter
 
 | 
	 
 | 
	 
 | 
	--
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	 
	Total
 
 | 
	 
 | 
	$
 | 
	287,200
 | 
	 
 | 
 
	[6]
	Bank Lines of Credit
	During
	2007, the Company refinanced its existing credit facilities and notes payable
	with  various other financial institutions.  A summary of
	these credit facilities is as follows:
| 
	 
 | 
	 
 | 
 
	December
	31,
 
 | 
	 
 | 
| 
	 
 | 
	 
 | 
 
	2007
 
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Credit
	Line of $700,000, minimum payment of interest only is due monthly at the
	bank's prime rate plus .75%. At December 31, 2007, the interest rate was
	8.00%. The Credit Line renews annually in May 2008 and is collateralized
	by the assets of the Company.
 
 | 
	 
 | 
	 
 | 
	699,999
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Credit
	Line of $55,000, minimum payment of interest only is due monthly at the
	bank's prime rate plus .75%. At December 31, 2007, the interest rate was
	8.00%. The Credit Line renews annually in July 2008 and is collateralized
	by the assets of the Company.
 
 | 
	 
 | 
	 
 | 
	48,293
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Various
	unsecured Credit Cards of $111,400 and $250,000, minimum payment of
	principal and interest are due monthly
 
	at
	the credit card's annual interest rate.  At December 31,
	2007,
 
	the
	interest rates ranged from 8.24% to 29.49%.
 
 | 
	 
 | 
	 
 | 
	105,329
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	 
 
	Total Bank Lines of Credit
 
 | 
	 
 | 
	$
 | 
	853,621
 | 
	 
 | 
 
	The
	Company's CEO and majority shareholder, also serves as a guarantor of the
	Company's debt.
	The
	Company had approximately $13,000 available under the various credit facilities
	at December 31, 2007.
	DIAMOND
	INFORMATION INSTITUTE, INC. D/B/A DESIGNS BY BERGIO
	NOTES
	TO FINANCIAL STATEMENTS, Sheet #7
	[7]
	Equipment Held Under Capital Leases
	During
	2007 and 2006, the Company entered into capital leases for the purchase of
	equipment.  The Company's equipment held under the capital lease
	obligations as of December 31, 2007 is summarized as follows:
| 
 
	Showroom
	Equipment
 
 | 
	 
 | 
	$
 | 
	96,000
 | 
	 
 | 
| 
 
	Less:
	Accumulated Amortization
 
 | 
	 
 | 
	 
 | 
	16,533
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	     
	Equipment
	Held under Capitalized Lease Obligations - Net
 
 | 
	 
 | 
	$
 | 
	79,467
 | 
	 
 | 
 
	During
	2007 and 2006, the Company recorded amortization of approximately $12,000 and
	$5,000 related to the equipment held under capital leases,
	respectively.
	As
	of December 31, 2007, the future minimum lease payments under the capital leases
	are as follows:
| 
 
	2008
 
 | 
	 
 | 
	 
 | 
	26,432
 | 
	 
 | 
| 
 
	2009
 
 | 
	 
 | 
	 
 | 
	26,432
 | 
	 
 | 
| 
 
	2010
 
 | 
	 
 | 
	 
 | 
	26,432
 | 
	 
 | 
| 
 
	2011
 
 | 
	 
 | 
	 
 | 
	17,405
 | 
	 
 | 
| 
 
	2012
 
 | 
	 
 | 
	 
 | 
	--
 | 
	 
 | 
| 
 
	Thereafter
 
 | 
	 
 | 
	 
 | 
	--
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Total
 
 | 
	 
 | 
	 
 | 
	96,701
 | 
	 
 | 
| 
 
	Less:
	Amount Representing Imputed Interest
 
 | 
	 
 | 
	 
 | 
	(16,717
 | 
	)
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Present
	Value of Net Minimum Capital Lease Payments
 
 | 
	 
 | 
	 
 | 
	79,984
 | 
	 
 | 
| 
 
	Current
	Portion of Capitalized Lease Obligations
 
 | 
	 
 | 
	 
 | 
	19,060
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	     
	Non Current Portion of Capitalized Lease
	Obligations
 
 | 
	 
 | 
	$
 | 
	60,924
 | 
	 
 | 
 
	During
	2007 and 2006, interest expense related to the capital leases was approximately
	$1,300 and $2,400, respectively.
	[8]
	Income Taxes
	The
	income tax [benefit] provision for the years ended December 31, are as
	follows:
| 
	 
 | 
	 
 | 
 
	December
	31,
 
 | 
	 
 | 
| 
	 
 | 
	 
 | 
 
	2007
 
 | 
	 
 | 
	 
 | 
 
	2006
 
 | 
	 
 | 
| 
 
	Current:
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	     Federal
 
 | 
	 
 | 
	$
 | 
	--
 | 
	 
 | 
	 
 | 
	$
 | 
	--
 | 
	 
 | 
| 
 
	     State
 
 | 
	 
 | 
	 
 | 
	2,117
 | 
	 
 | 
	 
 | 
	 
 | 
	696
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	     Totals
 
 | 
	 
 | 
	 
 | 
	2,117
 | 
	 
 | 
	 
 | 
	 
 | 
	696
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
 
| 
 
	Deferred:
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	     Federal
 
 | 
	 
 | 
	 
 | 
	(222,506
 | 
	)
 | 
	 
 | 
	 
 | 
	22,979
 | 
	 
 | 
| 
 
	     State
 
 | 
	 
 | 
	 
 | 
	(111,253
 | 
	)
 | 
	 
 | 
	 
 | 
	11,278
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	     Totals
 
 | 
	 
 | 
	 
 | 
	(333,759
 | 
	)
 | 
	 
 | 
	 
 | 
	34,257
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	     
	Totals
 
 | 
	 
 | 
	$
 | 
	(331,642
 | 
	)
 | 
	 
 | 
	$
 | 
	34,953
 | 
	 
 | 
 
	DIAMOND
	INFORMATION INSTITUTE, INC. D/B/A DESIGNS BY BERGIO
	NOTES
	TO FINANCIAL STATEMENTS, Sheet #8
	[8]
	Income Taxes [Continued]
	Reconciliation
	of the federal statutory income tax rate to the effective income tax rate is as
	follows:
| 
	 
 | 
	 
 | 
 
	2007
 
 | 
	 
 | 
	 
 | 
 
	2006
 
 | 
	 
 | 
| 
 
	U.S.
	Statutory Rate
 
 | 
	 
 | 
	 
 | 
	15.00
 | 
	%
 | 
	 
 | 
	 
 | 
	15.00
 | 
	%
 | 
| 
 
	State
	Income Taxes [Net of Federal Benefit]
 
 | 
	 
 | 
	 
 | 
	7.50
 | 
	%
 | 
	 
 | 
	 
 | 
	7.50
 | 
	%
 | 
| 
 
	Per
	Market Differences and Other
 
 | 
	 
 | 
	 
 | 
	--
 | 
	%
 | 
	 
 | 
	 
 | 
	13.46
 | 
	%
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	     
	Effective rate
 
 | 
	 
 | 
	 
 | 
	22.50
 | 
	%
 | 
	 
 | 
	 
 | 
	35.96
 | 
	%
 | 
 
	Deferred
	income tax [assets] liabilities at December 31 2007, is as follows:
| 
	 
 | 
	 
 | 
 
	2007
 
 | 
	 
 | 
| 
 
	Deferred
	Income Tax Assets:
 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	     Net
	Operating Loss Carry-forward
 
 | 
	 
 | 
	$
 | 
	(301,900
 | 
	)
 | 
| 
 
	     Differences
	in Income Tax to Financial Reporting Accounting Method
 
 | 
	 
 | 
	 
 | 
	(88,316
 | 
	)
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	     Totals
 
 | 
	 
 | 
	 
 | 
	(390,216
 | 
	)
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Deferred
	Income Tax Liabilities:
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	     Property,
	Plant and Equipment
 
 | 
	 
 | 
	$
 | 
	14,388
 | 
	 
 | 
| 
 
	     Differences
	in Income Tax to Financial Reporting Accounting Method
 
 | 
	 
 | 
	 
 | 
	468,312
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	     Totals
 
 | 
	 
 | 
	 
 | 
	482,700
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	     
	Total
	Deferred Taxes
 
 | 
	 
 | 
	$
 | 
	92,484
 | 
	 
 | 
 
	The
	Company has recorded a deferred income tax benefit of approximately $334,000
	reflecting a benefit of approximately $271,200 for net operating loss
	carryforwards and $66,000 for differences related to the varying accounting
	method from income taxes to external financial reporting along with expenses of
	approximately $3,200 for depreciation and amortization.  The deferred
	tax component, Differences in Income Tax to Financial Reporting Accounting
	Method, represents temporary timing differences of accrual based assets and
	liabilities.  Namely, accounts receivable, inventory, prepaid
	expenses, accounts payable and accrued expenses due to the Company's recognition
	of its income tax reporting on a cash basis while, the financial statements are
	recognized on an accrual basis.
	In
	2008, management will voluntarily elect a change in its income tax accounting to
	the accrual basis in accordance with Section 481(a) of the Internal Revenue Code
	(the "IRC").  In management's opinion, based on provisions of the IRC,
	a voluntary election to the accrual basis of tax reporting should not subject
	the Company to tax examinations for previous years that income tax returns have
	been filed and prompt an uncertain tax position in accordance with the Financial
	Accounting Standards Board Interpretation ["FIN"] No. 48, Accounting for
	Uncertainty in Income Taxes.  As a result, no contingent liability has
	been recorded for the anticipated change in tax reporting.  Further,
	the resulting tax liability has been offset against net operating losses
	previously incurred as it is considered ordinary income in accordance with
	provisions of the IRC.
	 
	At
	December 31, 2007, the Company had approximately $1,300,000 of federal net
	operating tax loss carry-forwards expiring at various dates through
	2027.  The Tax Reform Act of 1986 enacted a complex set of rules which
	limits a company's ability to utilize net operating loss carry-forwards and tax
	credit carryforwards in periods following an ownership change. These rules
	define an ownership change as a greater than 50 percent point change in stock
	ownership within a defined testing period which is generally a three-year
	period. As a result of stock which may be issued by us from time to time and the
	conversion of warrants, options or the result of other changes in ownership of
	our outstanding stock, the Company may experience an ownership change and
	consequently our utilization of net operating loss carry-forwards could be
	significantly limited.
	Although
	realization is not assured and dependent upon things such as generating
	sufficient taxable income in future periods, management believes it is more
	likely than not that all of the deferred tax asset will be
	realized.  The amount of the deferred tax asset considered realizable,
	however, could be reduced in the near term if estimates of future taxable income
	during the future periods decline.
	DIAMOND
	INFORMATION INSTITUTE, INC. D/B/A DESIGNS BY BERGIO
	NOTES
	TO FINANCIAL STATEMENTS, Sheet #9
	[9]
	Stockholders' Equity
	Articles of
	Incorporation Amendment and Stock Split -
	The Company's Certificate of
	Incorporation, as amended, authorizes the issuance of up to 25,000,000 shares of
	common stock at a par value of $.001 per share.  Over the course of
	2007, the Company's Board of Directors ratified two forward stock splits. The
	first stock split, for 1.725 to 1 and the second for 10,000 to 1.
	This
	resulted in common stock outstanding increasing from 1,000 to 17,250,000 which
	were all owned by the Company's founder and CEO.  The per share data
	for all periods presented has been retroactively adjusted due to each of the
	stock splits.
	Subsequent
	to the forward stock splits, the Company's founder and CEO transferred 2,250,000
	shares to the Company's President and an Advisory Panel member.  Upon
	resignation of the Company’s President and Advisory Panel Member in late 2007,
	the Company cancelled 2,200,000 of the shares previously
	issued.  These shares were cancelled in February 2008 - see footnote
	13.
	The
	per share data for all periods presented has been retroactively adjusted due to
	each of the stock splits.
	Private Placement
	Offering -
	During the second quarter of 2007
	,
	the Company conducted a
	private placement offering (the "Offering") of its common stock to Accredited
	Investors in accordance with SEC regulations.  The offering was up to
	40 units at $25,000 per unit or $1,000,000 in total.  Each unit was
	composed of 25,000 shares of common stock and 25,000 "Class A" common stock
	purchase warrants to purchase additional shares at $1.50 per share.
	Through
	the aforementioned period, the Company issued 17 units or 425,000 shares
	resulting in total cash proceeds of $425,000.  Through December 31,
	2007, no "Class A" purchase warrants were bought by the investors.
	Debt Conversions
	-
	In April 2007, the Company entered into a Debt Conversion Agreement
	(the "Agreement") and issued 100,000 shares of common stock at $1 per share to a
	vendor as full satisfaction for accounts payable previously due and future
	services to be rendered.  Of the total $100,000 of common stock
	issued, $55,000 was to satisfy previous account payable balances and $45,000 was
	issued as consideration for future services to be rendered and is reflected in
	the Deferred Compensation caption of the stockholders' equity section of the
	Balance Sheet. The shares have a one year restriction from sale or
	offering.
	In
	June 2007, the Company entered into a Debt Conversion Agreement (the
	"Agreement") and issued 150,000 shares of common stock at a fair market value of
	$1 per share to a vendor as full satisfaction of an accounts payable balance of
	$150,000.  The shares have a one year restriction from sale or
	offering and the Agreement allows for the vendor to purchase for a period of 60
	months from the date of closing of this Agreement 150,000 "Class A" purchase
	warrants at $1.50 per share.  Through December 31, 2007, no "Class A"
	purchase warrants were bought by the vendor.
	Of
	the total 250,000 shares issued in connection with debt conversions and future
	services to be rendered, 205,000 shares of common stock valued at $1 per share
	or $205,000 were in full satisfaction of prior debts outstanding while, 45,000
	shares of common stock valued at $1 or $45,000 were issued in connection with
	future services to be rendered.  As of December 31, 2007,
	approximately $14,000 of Deferred Compensation remained unamortized in
	connection with the 45,000 shares previously issued.
	Restricted Share
	Issuances -
	During 2007, the Board of Directors ratified issuance of
	50,000 restricted shares of common stock to the Company's CEO, also serving as a
	director, as compensation for services rendered through December 31,
	2007.  The Board of Directors also ratified issuance of 100,000
	restricted shares of common stock to two of the Company's Advisory Panel Members
	as compensation for services rendered from January through December of
	2007.
	For
	the year ended December 31, 2007, the Company recorded $150,000 of stock based
	compensation expense and is reflected as part of General and Administrative
	expenses in the Statement of Operations.
	DIAMOND
	INFORMATION INSTITUTE, INC. D/B/A DESIGNS BY BERGIO
	NOTES
	TO FINANCIAL STATEMENTS, Sheet #10
	[10]
	Related Party Transactions
	The
	Company receives advances from time to time from its stockholder based upon the
	Company's cash flow needs.  At December 31, 2007, $90,289 was due to
	the shareholder.  Repayment and interest terms have not been
	established and as a result the amount has been classified as a current
	liability.  In addition, the Company leased office space from the
	majority stockholder totaling $7,000 during 2006 which, is reflected in the
	General and Administrative Expenses caption of the Statement of
	Operations.
	In
	2007, the Company hired an information technology company to provide
	consultation and technical support related to certain software applications and
	technology infrastructure.  The information technology company is also
	a shareholder of the Company with a total ownership interest of less than
	1%.  During 2007, common stock issued to this information technology
	company in connection with services rendered or, to be performed in future
	periods totaled $100,000 or 100,000 shares of common stock valued at $1 per
	share.  As of December 31, 2007, the remaining portion of common stock
	issued for future services totaled approximately $14,000 and is reflected in
	Deferred Compensation within the Stockholders' Equity section of the Balance
	Sheet.
	[11] Commitment
	and Contingencies
	Operating Leases
	-
	The Company leases certain office and manufacturing facilities and
	equipment. The lease agreements, which expire at various dates through 2011, are
	subject, in many cases, to renewal options and provide for the payment of taxes,
	and operating costs, such as insurance and maintenance.  Certain
	leases contain escalation clauses resulting from the pass-through of increases
	in operating costs and property taxes.  All these leases are
	classified as operating leases.
	Aggregate
	minimum annual rental payments under non-cancelable operating leases are as
	follows:
| 
 
	Years
	ended
 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	December
	31,
 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	2008
 
 | 
	 
 | 
	$
 | 
	21,400
 | 
	 
 | 
| 
 
	2009
 
 | 
	 
 | 
	 
 | 
	21,400
 | 
	 
 | 
| 
 
	2010
 
 | 
	 
 | 
	 
 | 
	14,800
 | 
	 
 | 
| 
 
	2011
 
 | 
	 
 | 
	 
 | 
	600
 | 
	 
 | 
| 
 
	2012
 
 | 
	 
 | 
	 
 | 
	--
 | 
	 
 | 
| 
 
	Thereafter
 
 | 
	 
 | 
	 
 | 
	--
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Total
 
 | 
	 
 | 
	$
 | 
	58,200
 | 
	 
 | 
 
	Rent
	expense for the Company's operating leases, including shareholder rent was
	approximately $26,000 and $27,000 for the years ended December 31, 2007 and
	2006, respectively.
	Litigation
	-
	The Company, in the normal course of business, is involved in certain
	legal matters for which it carries insurance, subject to certain exclusions and
	deductibles.  As of December 31, 2007 and through the date of issuance
	of these financial statements, there was no asserted or unasserted litigation,
	claims or assessments warranting recognition and/or disclosure in the financial
	statements.
	DIAMOND
	INFORMATION INSTITUTE, INC. D/B/A DESIGNS BY BERGIO
	NOTES
	TO FINANCIAL STATEMENTS, Sheet #11
	[12]
	Recently Issued Accounting Standards
	In
	February 2007, the FASB issued SFAS No. 159, "The Fair Value Option for
	Financial Assets and Financial Liabilities – Including an amendment of FASB
	Statement No. 115," which is effective for fiscal years beginning after
	November 15, 2007. This statement permits entities to choose to measure
	many financial instruments and certain other items at fair value. This statement
	also establishes presentation and disclosure requirements designed to facilitate
	comparisons between entities that choose different measurement attributes for
	similar types of assets and liabilities. Unrealized gains and losses on items
	for which the fair value option is elected would be reported in earnings. We
	have evaluated the new statement and have determined that it will not have a
	significant impact on the determination or reporting of our financial
	results.
	In
	December 2007, the FASB issued SFAS No. 141 (revised 2007), "Business
	Combinations" (SFAS 141(R)), which replaces SFAS No. 141, "Business
	Combinations." SFAS 141(R) retains the underlying concepts of SFAS 141 in that
	all business combinations are still required to be accounted for at fair value
	under the acquisition method of accounting but SFAS 141(R) changed the method of
	applying the acquisition method in a number of significant aspects. Acquisition
	costs will generally be expensed as incurred; noncontrolling interests will be
	valued at fair value at the acquisition date; in-process research and
	development will be recorded at fair value as an indefinite-lived intangible
	asset at the acquisition date; restructuring costs associated with a business
	combination will generally be expensed subsequent to the acquisition date; and
	changes in deferred tax asset valuation allowances and income tax uncertainties
	after the acquisition date generally will affect income tax expense. SFAS 141(R)
	is effective on a prospective basis for all business combinations for which the
	acquisition date is on or after the beginning of the first annual period
	subsequent to December 15, 2008, with the exception of the accounting for
	valuation allowances on deferred taxes and acquired tax contingencies. SFAS
	141(R) amends SFAS 109 such that adjustments made to valuation allowances on
	deferred taxes and acquired tax contingencies associated with acquisitions that
	closed prior to the effective date of SFAS 141(R) would also apply the
	provisions of SFAS 141(R). Early adoption is not permitted. We are currently
	evaluating the effects, if any, that SFAS 141(R) may have on our financial
	statements and believe it could have a significant impact if business
	combinations are consummated.  However, the effect of which is
	indeterminable as of December 31, 2007.
	In
	December 2007, the FASB issued Financial Accounting Standards No. 160,
	"Noncontrolling Interests in Consolidated Financial Statements-an amendment of
	ARB No. 51." This statement is effective for fiscal years, and interim
	periods within those fiscal years, beginning on or after December 15, 2008,
	with earlier adoption prohibited. This statement requires the recognition of a
	noncontrolling interest (minority interest) as equity in the consolidated
	financial statements and separate from the parent's equity. The amount of net
	income attributable to the noncontrolling interest will be included in
	consolidated net income on the face of the income statement. It also amends
	certain of ARB No. 51's consolidation procedures for consistency with the
	requirements of SFAS 141(R)
	.
	This statement also includes expanded disclosure requirements regarding
	the interests of the parent and its noncontrolling interest. We are currently
	evaluating this new statement and anticipate that the statement will not have a
	significant impact on the reporting of our results of operations.
	In
	March 2008, the Financial Accounting Standards Board ["FASB"] issued FASB
	Statement No. 161, "Disclosures about Derivative Instruments and Hedging
	Activities."  The new standard is intended to improve financial
	reporting about derivative instruments and hedging activities by requiring
	enhanced disclosures to enable investors to better understand their effects on
	an entity's financial position, financial performance, and cash
	flows.  This statement is effective for
	financial
	statements issued for fiscal years and interim periods beginning after November
	15, 2008, with early application encouraged.  The Company is currently
	evaluating the impact of adopting SFAS No. 161 on its financial
	statements.
	DIAMOND
	INFORMATION INSTITUTE, INC. D/B/A DESIGNS BY BERGIO
	NOTES
	TO FINANCIAL STATEMENTS, Sheet #12
	[13]
	Subsequent Events
	In
	January 2008, two Advisory Panel members and a Board of Director member received
	restricted common stock for services to be rendered throughout
	2008.  The two Advisory Panel members received 50,000 and 100,000
	shares, respectively, valued at $1 per share or $150,000 while the Board of
	Director member received 50,000 shares valued at $1 per share or
	$50,000.  These shares will be charged to the Statement of Operations
	as share-based compensation expense ratably over the course of the
	year.
	Also
	in January 2008, the Company issued 118,100 shares of restricted common stock
	valued at $1 per share or $118,100 to employees and individual
	investors.  Shares issued in connection with the Board of Director
	consent, are to be dispersed ratably over the first two quarters of 2008 as
	authorized in the consent.
	In
	addition, to the aforementioned share issuances, the Company issued to its SEC
	counsel, 150,000 shares of restricted common stock at $1 per share or $150,000
	for services previously rendered or anticipated to be performed.
	In
	February 2008, certain stockholders of the Company with significant ownership,
	cancelled shares they owned for no consideration.  The share
	cancellation totaled 7,200,000 of shares preciously outstanding.
	In
	2008, the Company is seeking to register its common stock with the SEC through a
	Form S-1 filing (The "Registration Statement").  As of December 31,
	2007, the Company had 18,075,000 shares of common stock outstanding and through
	the first quarter of 2008, issued and additional 409,350 shares as described in
	the aforementioned paragraphs.  As previously mentioned, the Company
	also cancelled 7,200,000 shares of its common stock.
	Overall,
	this represents 11,343,100 shares of common stock outstanding in connection with
	the aforementioned Registration Statement of which, the Company is looking to
	exclude from registration all the shares beneficially owned by its CEO and sole
	director totaling 10,100,000, which have no registration rights associated with
	them.
	This
	results in common stock held by current security holders to be registered of
	1,243,100 along with 575,000 shares issuable upon the exercise of warrants also
	held by the security holders totaling 1,818,100 shares to be registered in
	connection with the Registration Statement.
	[14]
	Unaudited Interim Statements
	The
	financial statements as of June 30, 2008 and for the six months ended June 30,
	2008 and 2007 are unaudited; however, in the opinion of management, all
	adjustments (consisting solely of normal recurring adjustments) necessary in
	order to make the interim financial statements not misleading have been
	made.  The results of the interim period are not necessarily
	indicative of the results to be obtained for a full year.
	.   .   .   .   .   .   .   .   .   .
| 
 
	 
 
	No
	dealer, salesman or any other person has been authorized to give any
	information or to make any representation other than those contained in
	this prospectus and, if given or made, such information or representation
	must not be relied upon as having been authorized by us. This prospectus
	does not constitute an offer to sell or a solicitation of any offer to buy
	any security other than the shares of common stock offered by this
	prospectus, nor does it constitute an offer to sell or a solicitation of
	any offer to buy the shares of a common stock by anyone in any
	jurisdiction in which such offer or solicitation is not authorized, or in
	which the person making such offer or solicitation is not qualified to do
	so, or to any person to whom it is unlawful to make such offer or
	solicitation. Neither the delivery of this prospectus nor any sale made
	hereunder shall, under any circumstances create any implication that
	information contained in this prospectus is correct as of any time
	subsequent to the date of this prospectus.
 
	 
 
	 
 
	DEALER
	PROSPECTUS
 
	DELIVERY
	OBLIGATION
 
	 
 
	Until
	_________, 2008, all dealers that effect transactions in these securities,
	whether or not participating in this offering, may be required to deliver
	a prospectus. This is in addition to the dealers’ obligation to deliver a
	prospectus when acting as underwriters and with respect to their unsold
	allotments or subscriptions.
 
	 
 
	 
 
	_________,
	2008
 
	 
 
 | 
 
	 
 
	DIAMOND
	INFORMATION INSTITUTE, INC.
 
	 
 
 | 
| 
 
	TABLE OF CONTENTS
 
 | 
| 
 
	 
 
	Prospectus
	Summary…
 
	Summary
	of the Offering…
 
	Summary
	Financial Information…
 
	Risk
	Factors…
 
	About
	This Prospectus…
 
	Available
	Information…
 
	Special
	Note Regarding Forward-Looking Information…
 
	Use
	of Proceeds…
 
	Selling
	Security Holders…
 
	Plan
	of Distribution…
 
	Description
	of Securities…
 
	Interest
	of Named Experts and Counsel…
 
	Disclosure
	of Commission Position on Indemnification for Securities Act
	Liabilities…
 
	Description
	of Business…
 
	Description
	of Property…
 
	Legal
	Proceedings…
 
	Market
	for Common Equity and Related
 
	   Stockholder
	Matters…
 
	Management’s
	Discussion and Analysis of
 
	   Financial
	Condition and Results of Operations…
 
	Changes
	in and Disagreements with Accountants…
 
	Directors,
	Executive Officers, Promoters and Control
 
	   Persons…
 
	Executive
	Compensation…
 
	Security
	Ownership of Beneficial Owners and Management…
 
	Certain
	Relationships and Related Transactions
 
	 
 
	Audited
	Financial Statements
 
	Report
	of Independent Registered Public Accounting Firm…
 
	Balance
	Sheets…
 
	Statement
	of Operations…
 
	Statement
	of Stockholders’ Equity…
 
	Statement
	of Cash Flows …
 
	Notes
	to Financial Statements…
 
	 
 
 | 
 
	Page
 
	1
 
	2
 
	3
 
	4
 
	9
 
	9
 
	10
 
	11
 
	11
 
	14
 
	18
 
	20
 
	20
 
	21
 
	25
 
	25
 
	 
 
	25
 
	 
 
	27
 
	37
 
	 
 
	37
 
	39
 
	40
 
	41
 
	 
 
	 
 
	F-1
 
	F-2
 
	F-4
 
	F-5
 
	F-7
 
	F-9
 
	 
 
	 
 
	 
 
 | 
 
	 
	 
	 
	 
	 
	 
	PART
	II:  INFORMATION NOT REQUIRED IN PROSPECTUS
	 
	INDEMNIFICATION
	OF OFFICERS AND DIRECTORS
	None
	of our directors will have personal liability to us or any of our shareholders
	for monetary damages for breach of fiduciary duty as a director involving any
	act or omission of any such director since provisions have been made in the
	Certificate of Incorporation limiting such liability.
	The
	Bylaws provide for indemnification of the directors, officers, and employees of
	Diamond Information Institute, Inc. in most cases for any liability suffered by
	them or arising out of their activities as directors, officers, and employees of
	Diamond Information Institute, Inc. if they were not engaged in willful
	misfeasance or malfeasance in the performance of his or her duties; provided
	that in the event of a settlement the indemnification will apply only when the
	Board of Directors approves such settlement and reimbursement as being for the
	best interests of the Corporation. The Bylaws, therefore, limit the liability of
	directors to the maximum extent permitted by New Jersey law.
	Our
	officers and directors are accountable to us as fiduciaries, which means they
	are required to exercise good faith and fairness in all dealings affecting us.
	In the event that a shareholder believes the officers and/or directors have
	violated their fiduciary duties to us, the shareholder may, subject to
	applicable rules of civil procedure, be able to bring a class action or
	derivative suit to enforce the shareholder’s rights, including rights under
	certain federal and state securities laws and regulations to recover damages
	from and require an accounting by management. Shareholders who have suffered
	losses in connection with the purchase or sale of their interest in Diamond
	Information Institute, Inc. in connection with such sale or purchase, including
	the misapplication by any such officer or director of the proceeds from the sale
	of these securities, may be able to recover such losses from us.
	OTHER
	EXPENSES OF ISSUANCE AND DISTRIBUTION
	 
	The following table sets forth the
	expenses payable by the Company in connection with the distribution of the
	shares registered hereby.
	 
	 
| 
 
	SEC
	Registration Fee
 
 | 
	 
 | 
	$
 | 
	55.82
 | 
	 
 | 
| 
 
	Accounting
	Fees and Expenses
 
 | 
	 
 | 
	$
 | 
	250,000
 | 
	 
 | 
| 
 
	Legal Fees and Expenses
	(*)
 
 | 
	 
 | 
	$
 | 
	200,000
 | 
	 
 | 
| 
 
	Printing
	Expenses
 
 | 
	 
 | 
	$
 | 
	0.00
 | 
	 
 | 
| 
 
	Miscellaneous
	Expenses
 
 | 
	 
 | 
	$
 | 
	5,000
 | 
	 
 | 
| 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	Total
 
 | 
	 
 | 
	$
 | 
	455,055
	.82
 | 
	 
 | 
 
	**Stoecklein
	Law Group has agreed to receive shares of our common stock as compensation for
	their services relating to this prospectus and its preparation.  The
	value shown above is estimate of the shares being issued at a value of $1.00 per
	share.
	 
	 
	RECENT
	SALES OF UNREGISTERED SECURITIES
	 
	During the last three years, we issued
	and sold the following unregistered securities:
	Issuances to Officers,
	Directors and Advisory Panel Members
	During the year ended December 31,
	2007, the Board of Directors ratified two forward splits, which resulted in the
	common stock outstanding increasing from 1,000 to 17,250,000 which were all
	owned by the Company’s founder, Chief Executive Officer and sole director, Mr.
	Berge Abajian.  Subsequent to the forward stock splits, the Company’s
	founder and CEO transferred 3,350,000 shares to then Company’s President and two
	members of the Advisory Panel for no consideration.
	On June 6, 2007, the Company issued
	50,000 restricted shares of our common stock to our CEO, Mr. Berge Abajian as
	compensation for services rendered through December 31, 2007.
	On June 6, 2007, the Company issued
	50,000 shares each to its two members then sitting on the Advisory Panel, Mr.
	Hagop Baghdadlian and Mr. Ralph Amato as compensation for their services
	rendered during the 2007 fiscal year.
	On January 20, 2008, the Company
	authorized the issuance of 50,000 shares to its CEO, Mr. Abajian as compensation
	for future services for the 2008 year.
	On January 20, 2008, the Company
	authorized the issuance of 50,000 shares to Mr. Baghdadlian as compensation for
	his services on the Advisory Panel for the 2008 year.
	On
	January 20, 2008, the Company authorized a total issuance of 100,000 shares
	(50,000 each) of commons stock to Zareh and Nvair Beylerian as compensation for
	past and future services.
	We
	believe that the issuances of the shares described above were exempt from the
	registration and prospectus delivery requirements of the Securities Act of 1933
	by virtue of Section 4(2). Mssrs. Abajian, Baghdadlian and Beylerian, because of
	their position or affiliations with our company, were deemed to be an accredited
	investors, as such term is defined in rule 501(a) of Regulation D promulgated
	under the Securities Act of 1933. The shares were issued directly by us and did
	not involve a public offering or general solicitation. There were no commissions
	paid on the issuance of the shares.
	Private
	Placement
	During the second quarter of 2007, the
	Company conducted a private placement offering of its common stock to Accredited
	Investors.  Pursuant to the offering, each unit contained 25,000
	shares of our common stock and 25,000 “Class A” purchase
	warrants.  Each unit was sold for $25,000 and a total of 17 units or
	425,000 shares were issued as a result of the offering.
	We
	believe that the issuance and sale of the units was exempt from the registration
	and prospectus delivery requirements of the Securities Act of 1933 by virtue of
	Section 4(2), Regulation D. The units were issued directly by us and did not
	involve a public offering or general solicitation. The recipients of the units
	were afforded an opportunity for effective access to files and records of our
	company that contained the relevant information needed to make their investment
	decision, including our financial statements. We reasonably believed that the
	recipients, immediately prior to issuing the units, had such knowledge and
	experience in our financial and business matters that they were capable of
	evaluating the merits and risks of their investment.  The recipients
	had the opportunity to speak with our management on several occasions prior to
	their investment decision. There were no commissions paid on the issuance and
	sale of the units.
	Debt
	Conversion
	In April 2007, the Company entered into
	a Debt Conversion Agreement with Advanced Integrated Solutions, Inc. and issued
	100,000 shares of common stock at $1 per share as satisfaction of services
	previously rendered and for future services to be rendered.
	In June 2007, the Company entered into
	a Debt Conversion Agreement with Artinian Co., Ltd. and issued 150,000 shares of
	common stock at $1 per share as full satisfaction of services
	rendered.  In addition to the shares issued, the Company issued
	150,000 “Class A’ warrants.
	We
	believe that the issuance of the shares was exempt from the registration and
	prospectus delivery requirements of the Securities Act of 1933 by virtue of
	Section 4(2). The shares were issued directly by us and did not involve a public
	offering or general solicitation. The recipients of the shares were afforded an
	opportunity for effective access to files and records of our company that
	contained the relevant information needed to make their investment decision,
	including our financial statements. We reasonably believed that the recipients,
	immediately prior to issuing the shares, had such knowledge and experience in
	our financial and business matters that they were capable of evaluating the
	merits and risks of their investment.  The recipients had the
	opportunity to speak with our management on several occasions prior to their
	investment decision. There were no commissions paid on the issuance of the
	shares.
	Issuance of
	Warrants
	As discussed above, we issued warrants
	to purchase a total of 425,000 shares of our common stock in conjunction with
	the private placement conducted during the second quarter of
	2007.  The warrants are exercisable for 60 months from the close of
	the offering at an exercise price of $1.50 per share.
	As discussed above, we issued warrants
	to purchase a total of 150,000 shares of our common stock pursuant to the Debt
	Conversion Agreement with Artinian Co., Ltd.  The warrants are
	exercisable for 60 months from the date of the Agreement at an exercise price of
	$1.50 per share.
	We
	believe that the issuance of the warrants was exempt from the registration and
	prospectus delivery requirements of the Securities Act of 1933 by virtue of
	Section 4(2), Regulation D. The warrants were issued directly by us and did not
	involve a public offering or general solicitation. The recipients of the
	warrants were afforded an opportunity for effective access to files and records
	of our company that contained the relevant information needed to make their
	investment decision, including our financial statements. We reasonably believed
	that the recipients, immediately prior to issuing the warrants, had such
	knowledge and experience in our financial and business matters that they were
	capable of evaluating the merits and risks of their investment.  The
	recipients had the opportunity to speak with our management on several occasions
	prior to their investment decision. There were no commissions paid on the
	issuance of the warrants.
	Issuances to Consultants and
	Employees
	On January 20, 2008, the Company
	authorized the issuance of 150,000 shares of common stock to Stoecklein Law
	Group pursuant to its retainer agreement for legal services.
	On January 20, 2008, the Company
	authorized a total issuance of 117,500 shares of common stock to employees of
	the Company as bonus compensation.
	On April 28, 2008, the Company
	authorized the issuance of 100,000 shares of common stock to Stoecklein Law
	Group pursuant to its retainer agreement for legal services.
	We
	believe that the issuance of the shares was exempt from the registration and
	prospectus delivery requirements of the Securities Act of 1933 by virtue of
	Section 4(2) / Regulation D. The shares were issued directly by us and did not
	involve a public offering or general solicitation. The recipients of the shares
	were afforded an opportunity for effective access to files and records of our
	company that contained the relevant information needed to make their investment
	decision, including our financial statements. We reasonably believed that the
	recipients, immediately prior to issuing the shares, had such knowledge and
	experience in our financial and business matters that they were capable of
	evaluating the merits and risks of their investment.  The recipients
	had the opportunity to speak with our management on several occasions prior to
	their investment decision. There were no commissions paid on the issuance of the
	shares.
	Other
	Issuances
	On January 20, 2008, the Company sold a
	total of 600 shares to 5 accredited investors for a total purchase price of
	$600.
	We
	believe that the issuance and sale of the shares was exempt from the
	registration and prospectus delivery requirements of the Securities Act of 1933
	by virtue of Section 4(2) / Regulation D. The shares were issued directly by us
	and did not involve a public offering or general solicitation. The recipients of
	the shares were afforded an opportunity for effective access to files and
	records of our company that contained the relevant information needed to make
	their investment decision, including our financial statements. We reasonably
	believed that the recipients, immediately prior to issuing the shares, had such
	knowledge and experience in our financial and business matters that they were
	capable of evaluating the merits and risks of their investment.  The
	recipients had the opportunity to speak with our management on several occasions
	prior to their investment decision. There were no commissions paid on the
	issuance and sale of the shares.
	Stock
	Cancellations
	On February 20, 2008, the Company
	cancelled a total of 7,200,000 shares of its common stock from its Chief
	Executive Officer, former President and former member of its Advisory
	Panel.
	EXHIBITS
	The
	Exhibits required by Item 601 of Regulation S-K, and an index thereto, are
	attached.
	UNDERTAKINGS
	 
	A.           The
	undersigned registrant hereby undertakes to:
	 
	(1)           File,
	during any period in which it offers or sells securities, a post-effective
	amendment to this registration statement to:
	 
	(i)           Include
	any prospectus required by section 10(a)(3) of the Securities Act;
	 
	(ii)           Reflect
	in the prospectus any facts or events which, individually or together, represent
	a fundamental change in the information in the registration statement; and
	notwithstanding the forgoing, any increase or decrease in volume of securities
	offered (if the total dollar value of securities offered would not exceed that
	which was registered) and any deviation from the low or high end of the
	estimated maximum offering range may be reflected in the form
	 
	of
	prospectus filed with the Commission pursuant to Rule 424(b) if, in the
	aggregate, the changes in the volume and price represent no more than a 20%
	change in the maximum aggregate offering price set forth in the “Calculation of
	Registration Fee” table in the effective registration statement.
	 
	(iii)           Include
	any additional or changed material information on the plan of
	distribution.
	 
	 
	(2)           For
	determining liability under the Securities Act, treat each post-effective
	amendment as a new registration statement of the securities offered, and the
	offering of the securities at that time to be the initial bona fide
	offering.
	 
	(3)           File
	a post-effective amendment to remove from registration any of the securities
	that remain unsold at the end of the offering.
	 
	B.
	 
	(1)           Insofar
	as indemnification for liabilities arising under the Securities Act of 1933 (the
	“Act”) may be permitted to directors, officers and controlling persons of the
	issuer pursuant to the foregoing provisions, or otherwise, the issuer has been
	advised that in the opinion of the Securities and Exchange Commission such
	indemnification is against public policy as expressed in the Act and is,
	therefore, unenforceable.
	 
	(2)           In
	the event that a claim for indemnification against such liabilities (other than
	the payment by the issuer of expenses incurred or paid by a director, officer or
	controlling person of the issuer in the successful defense of any action, suit
	or proceeding) is asserted by such director, officer or controlling person in
	connection with the securities being registered, the issuer will, unless in the
	opinion of its counsel the matter has been settled by controlling precedent,
	submit to a court of appropriate jurisdiction the question whether such
	indemnification by it is against public policy as expressed in the Securities
	Act and will be governed by the final adjudication of such issue.
 
	 
	(3)           Each
	prospectus filed pursuant to Rule 424(b) as part of a registration statement
	relating to an offering, other than registration statements relying on Rule 430B
	or other than prospectuses filed in reliance on Rule 430A, shall be deemed to be
	part of and included in the registration statement as of the date it is first
	used after effectiveness. Provided, however, that no statement made in a
	registration statement or prospectus that is part of the registration statement
	or made in a document incorporated or deemed incorporated by reference into the
	registration statement or prospectus that is part of the registration statement
	will, as to a purchaser with a time of contract of sale prior to such first use,
	supersede or modify any statement that was made in the registration statement or
	prospectus that was part of the registration statement or made in any such
	document immediately prior to such date of first use.
	 
	SIGNATURES
	 
	 
	In
	accordance with the requirements of the Securities Act of 1933, the registrant
	certifies that it has reasonable grounds to believe that it meets all of the
	requirements for filing on Form S-1 and authorized this registration statement
	to be signed on its behalf by the undersigned, thereunto duly authorize, in the
	City of Fairfield, State of New Jersey on August 28, 2008.
	 
	 
	DIAMOND
	INFORMATION INSTITUTE, INC.
	 
	 
	By:
	/s/ Berge
	Abajian
	                                                                           
	 
	       Berge
	Abajian, Chief Executive Officer
	 
	and Principal Accounting
	Officer
	 
	 
	In accordance with the requirements of
	the Securities Act of 1933, this registration statement was signed by the
	following persons in the capacities and on the dates stated:
	 
	 
	Signature
	                                                                
	Title
	                                           
	Date
	 
	 
	/s/ Berge
	Abajian
	_______                                       CEO,
	Director                           August
	28, 2008
	 
	Berge
	Abajian                                                         Principal
	Accounting
	     
	Officer
	/s/ Alfred
	Siricia
	                                                      Chief
	Financial
	Officer               August
	28, 2008
	Alfred
	Siricia
	EXHIBIT
	INDEX
	 
| 
	 
 | 
	 
 | 
	 
 | 
 
	Incorporated
	by reference
 
 | 
| 
 
	Exhibit
 
 | 
 
	Exhibit
	Description
 
 | 
 
	Filed
	herewith
 
 | 
 
	Form
 
 | 
 
	Period
	ending
 
 | 
 
	Exhibit
 
 | 
 
	Filing
	date
 
 | 
| 
 
	3(i)
 
 | 
 
	Certificate
	of Incorporation, dated October 24, 1988
 
 | 
 
	X
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	3(i)(b)
 
 | 
 
	Certificate
	of Trade Name, dated January 31, 1997
 
 | 
 
	X
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	3(i)(c)
 
 | 
 
	Certificate
	of Amendment to the Certificate of Incorporation, dated May 31,
	2007
 
 | 
 
	X
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	3(ii)
 
 | 
 
	Bylaws
	of Diamond Information Institute, Inc.
 
 | 
 
	X
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	5
 
 | 
 
	Opinion
	of Legal Counsel (Stoecklein Law Group) – Dated August 28,
	2008
 
 | 
 
	X
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	10.1
 
 | 
 
	Sample
	Subscription Agreement for the $25,000 unit offering
 
 | 
 
	X
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	23.1
 
 | 
 
	Consent
	of Moore Stephens, PC – Dated August 28, 2008
 
 | 
 
	X
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
| 
 
	23.2
 
 | 
 
	Consent
	of Legal Counsel (Stoecklein Law Group) – Dated August 28,
	2008
 
 | 
 
	X
 
 | 
	 
 | 
	 
 | 
	 
 | 
	 
 | 
 
 
	 
	BYLAWS
	OF
	DIAMOND
	INFORMATION INSTITUTE, INC.
	a
	New Jersey Corporation
	ARTICLE
	I
	OFFICES
	Section
	1.  Principal Executive Office
	.  The principal
	executive office of the corporation shall be located as directed by the board of
	directors.
	Section 2.  Other
	offices
	.  Other business offices may at any time be established
	by the board of directors at any place or places by them or where the
	corporation is qualified to do business.
	 
	ARTICLE
	II
	MEETINGS OF
	SHAREHOLDERS
	Section 1.  Place
	of Meetings
	.  All meetings of shareholders shall be held at the
	principal executive office of the corporation, or at any other place within or
	without the State of New Jersey which may be designated either by the board of
	directors or by the written consent of all person entitled to vote thereat and
	not present at the meeting, given either before or after the meeting and filed
	with the secretary of the corporation.
	Section 2.  Annual
	Meetings
	.  The annual meeting of shareholders shall be fixed by
	the board of directors.  At such meetings directors shall be elected,
	reports of the affairs of the corporation shall be considered, and any other
	business may be transacted which is within the powers of the
	shareholders.
	Section
	3.  Special Meetings
	.  Special meetings of the
	shareholders, for the purpose of taking any action permitted by the shareholders
	under the New Jersey General Corporation Law and the certificate of
	incorporation of the corporation, may be called at any time by the chairman of
	the board or the president, or by the board of directors, or by one or more
	holders of shares entitled to cause in the aggregate not less than twenty
	percent (20%) of the votes at the meeting.  Upon request in writing
	that a special meeting of shareholders be called for any proper purpose,
	directed to the chairman of the board, president, vice president or secretary by
	any person (other than the board of directors) entitled to call a special
	meeting of shareholders, the officer forth with shall cause notice to be given
	to shareholders entitled to vote that a meeting will be held at a time requested
	by the person or person calling the meeting, not less than thirty-five (35) nor
	more than sixty (60) days after receipt of the request.
	Section 4.  Notice
	of Annual or Special Meeting.
	  Written notice of each annual or
	special meeting of shareholders shall be given not less than ten (10) nor more
	than sixty (60) days before the date of the meeting to each shareholder entitled
	to vote thereat.  Such written notice shall be given either personally
	or by mail or other means of written communication, charges prepaid, addressed
	to such shareholder at his address appearing on the books of the corporation or
	given by him to the corporation for the purpose of notice.  If any
	notice or report addressed to the shareholder at the address of such shareholder
	appearing on the books of the corporation is returned to the corporation by the
	United States Postal Service as unable to deliver the notice or report to the
	shareholder at such address, all future notices or reports shall be deemed to
	have been duly given without further mailing if the same shall be available for
	the shareholder upon written demand of the shareholder at the principal
	executive office of the corporation for a period of one (1) year from the date
	of the giving of the notice or report to all other shareholders.  If a
	shareholder gives no address, notice shall be deemed to have been given him if
	sent by mail or other means of written communication addressed to the place
	where the principal executive office of the corporation is situated, or if
	published at least once in some newspaper of general circulation in the county
	in which said principal executive office is located.
	Any
	such notice shall be deemed to have been given at the time when delivered
	personally or deposited in the mail or sent by other means of written
	communication.  An affidavit of mailing of any such notice in
	accordance with the foregoing provisions, executed by the secretary, assistant
	secretary or any transfer agent of the corporation, shall be prima facie
	evidence of the giving of the notice.
	Section
	5.  Quorum
	.  The presence in person or by proxy of
	the holders of a majority of the shares entitled to vote at any meeting shall
	constitute a quorum for the transaction of business at any meeting of
	shareholders.  The shareholders present at a duly called or held
	meeting at which a quorum is present may continue to do business until
	adjournment, notwithstanding the withdrawal of enough shareholders to leave less
	than a quorum, if any action taken (other than adjournment) is approved by at
	least a majority of the shares required to constitute a quorum.
	Section
	6.  Adjourned Meeting and Notice Thereof
	.  Any
	shareholders’ meeting, annual or special, whether or not a quorum is present,
	may be adjourned from time to time by the vote of a majority of the shares, the
	holders of which are either present in person or represented by proxy thereat,
	but in the absence of a quorum at the commencement of the meeting, no other
	business may be transacted at such meeting.
	When
	any shareholder’ meeting, either annual or special, is adjourned for thirty (30)
	days or more, or if after adjournment a new record date is fixed for the
	adjourned meeting, notice of the adjourned meeting shall be given as in the case
	of an original meeting.  Except as provided above, it shall not be
	necessary to give any notice of the time and place of the adjourned meeting or
	of the business to be transacted thereat, other than by announcement of the time
	and place thereof at the meeting at which such adjournment is
	taken.
	Section
	7.  Voting
	.  The shareholders entitled to vote at any
	meeting of shareholders shall be determined in accordance with the New Jersey
	General Corporation Law (relating to voting of shares held by a fiduciary, in
	the name of a corporation, or in joint ownership).  The shareholders
	may vote by voice vote or by ballot; provided, however, that all elections for
	director shall be by ballot.  If a quorum is present, the affirmative
	vote of the majority of the shares represented at the
	meeting
	and entitled to vote on any matter shall be the act of the shareholders, unless
	the vote of a greater number of voting by classes is required by the New Jersey
	General Corporation Law or the certificate of incorporation.
	Section
	8.  Validation of Defectively Called or Noticed
	Meeting
	.  The transactions of any meeting of shareholders,
	either annual or special, however called and noticed, shall be as valid as
	though had at a meeting duly held after regular call and notice, if a quorum be
	present either in person or by proxy, and if, either before or after the
	meeting, each of the persons entitled to vote, not present in person or by
	proxy, or who, though present, has, at the beginning of the meeting, properly
	objected to the transaction of any
	 
	not lawfully called or
	convened, or to particular matters of business legally required to be included
	in the notice, but not so included, signs a written waiver of notice or consent,
	except that if action is taken or proposed to be taken for approval of any of
	those matters specified in Section 4 above, the waiver of notice or consent
	shall state the general nature of the proposal.
	Section 9.  Action
	without Meeting
	.  Directors may be elected without a meeting by
	a consent in writing, setting forth the action so taken, signed by all of the
	persons who would be entitled to vote for the election of directors, provided
	that, without prior notice except as hereinafter set forth, a director may be
	elected at any time to fill a vacancy not filled by the directors by the written
	consent of persons holding a majority of the outstanding shares entitled to vote
	for the election of directors.
	 Any
	other action which, under any provision of the New Jersey General Corporation
	Law, may be taken at a meeting of the shareholders, may be taken without a
	meeting, and without prior notice except as hereinafter set forth, if a consent
	in writing, setting forth the action so taken, is signed by the holders of
	outstanding shares having not less than the minimum number of votes that would
	be necessary to authorize or take such action at a meeting at which all shares
	entitled to vote thereon were present and voted, unless the consents of all
	shareholders entitled to vote have been solicited in writing.
	Unless,
	as provided in Section 12 of this Article II, the board of directors has fixed a
	record date for the determination of shareholders entitled to notice of any to
	give such written consent, the record date for such determination shall be the
	day on which the first written consent is given.  All such written
	consents shall be filed with the secretary of the corporation.
	Any
	shareholder giving a written consent, or the shareholder’s proxy holders, or a
	transferee of the shares or a personal representative of the shareholder or
	their respective proxy holders, may revoke the consent by a writing received by
	the corporation prior to the time that written consents of the number of shares
	required to authorize the proposed action have been filed with the secretary of
	the corporation, but may not do so thereafter.  Such revocation is
	effective upon its receipt by the secretary of the corporation.
	Section
	10.  Proxies
	.  Every person entitled to vote or
	execute consents shall have the right to do so either in person or by one or
	more agents authorized by a written proxy executed by such person or his duly
	authorized agent and filed with the secretary of the corporation. Subject to the
	New Jersey General Corporation Law in the case of any proxy which states that it
	is irrevocable, any proxy duly executed shall continue in full force and effect
	until (i) an instrument revoking it or a duly executed proxy bearing a later
	date is filed with the secretary of the corporation prior to the vote pursuant
	thereto, (ii) the person executing the proxy attends the meeting and votes
	in
	person,
	or (iii) written notice of the death or incapacity of the maker of such proxy is
	received by the corporation before the vote pursuant thereto is counted’
	provided that no such proxy shall be valid after the expiration of three (3)
	years from the date of its execution, unless otherwise provided for in the
	proxy.  The dates contained on the forms of proxy shall presumptively
	determine the order of execution of the proxies, regardless of the postmark
	dates on the envelopes in which they are mailed.
	Without
	limiting the manner in which a shareholder may authorize another person or
	persons to act for him as proxy, the following shall constitute a valid means by
	which a shareholder may grant such authority.
| 
 
	(a)  
 
 | 
 
	 A
	Shareholder may execute a writing authorizing another person or persons to
	act for him as proxy.  Execution may be accomplished by the
	shareholder or his authorized officer, director, employee or agent signing
	such writing or causing his or her signature to be affixed to such writing
	by any reasonable means including, but not limited to, by facsimile
	signature.
 
 | 
 
| 
 
	(b)  
 
 | 
 
	A
	shareholder may authorize another person or persons to act for him as
	proxy by transmitting or authorizing the transmission of a telegram,
	cablegram, or other means of electronic transmission to the person who
	will be the holder of the proxy or to a proxy solicitation firm, proxy
	support service organization or like agent duly authorized by the person
	who will be the holder of the proxy to receive such transmission, provided
	that any such telegram, cablegram or other means of electronic
	transmissions are valid, the inspectors or, if there are no inspectors,
	such other persons making that determination shall specify the information
	upon which they relied.
 
 | 
 
| 
 
	(c)  
 
 | 
 
	Any
	copy, facsimile telecommunication or other reliable reproduction of the
	writing or transmission described in Paragraphs (a) or (b) may be
	substituted or used in lieu of the original writing or transmission for
	any and all purposes for which the original writing or transmission could
	be used, provided that such copy, facsimile telecommunication or other
	reproduction shall be a complete reproduction of the entire original
	writing or transmission.
 
 | 
 
	Section
	11.  Inspectors of Election
	.  In advance of any
	meeting of shareholders, the board of directors may appoint any person or
	persons other than nominees for office as inspectors of election to act at such
	meeting or any adjournment thereof.  If inspectors of election be not
	so appointed, the chairman of any such meeting may, and on the request of any
	shareholder or his proxy shall, make such appointment at the
	meeting.  The number of inspectors shall be either one (1) or three
	(3) which inspector(s) are to be appointed.  In case any person
	appointed as inspector fails to appear or fails or refuses to act, the vacancy
	may, and on the request of any shareholder or a shareholders’ proxy shall, be
	filled by appointment by the board of directors in advance of the meeting, or at
	the meeting by the chairman of the meeting.
	The
	duties of such inspectors shall be as prescribed by the New Jersey General
	Corporation Law and shall include: determining the number of shares outstanding
	and the voting power of each, the shares represented at the meeting, the
	existence of quorum, the authenticity, validity and effect of proxies; receiving
	votes, ballots or consents; hearing and determining all challenges and questions
	in any way arising in connection with the right to vote; counting and tabulating
	all votes
	or
	consents; determining when the pools shall close; determining the result; and
	such acts as may be proper to conduct the election or vote with fairness to all
	shareholders.
	The
	inspectors of election shall perform their duties impartially, in good faith, to
	the best of their ability and as expeditiously as is practical.  If
	there are three (3) inspectors of election, the decision, act or certificate of
	a majority is effective in all respects as the decision, act or certificate of
	all.  Any report or certificate made by the inspectors of election is
	prima facie evidence of the facts stated therein.
	Section
	12.  Record Date for Shareholder Notice, Voting and Giving
	Consents
	.  For purposes of determining the shareholders
	entitled to notice of any meeting or to vote entitled to give consent to
	corporate action without a meeting, the board of directors may fix, in advance,
	a record date, which shall not be more than sixty (60) days nor less than ten
	(10) days before the date of any such meeting nor more than sixty (60) days
	before any such action without a meeting, and in this event only shareholders of
	record on the date so fixed are entitled to notice and to vote or to give
	consents, as the case may be, notwithstanding any transfer of any shares on the
	books of the corporation after the record date, except as otherwise provided in
	the New Jersey General Corporation Law.
	If
	the board of directors does not so fix a record date:
| 
 
	(a)  
 
 | 
 
	   The
	record date for determining shareholders entitled to notice of or to vote
	at a meeting of shareholders shall be at the close of business on the
	business day next preceding the day on which notice is given, or if notice
	is waived, at the close of business on the business day next preceding the
	day on which the meeting is held.
 
 | 
 
| 
 
	(b)  
 
 | 
 
	 The
	record date for determining shareholders entitled to give consent to
	corporate action in writing without a meeting, (i) when no prior action by
	the board has been taken, shall be the day on which the first written
	consent is given, or (ii) when prior action of the board is required by
	the New Jersey General Corporation Law, shall be at the close of business
	on the day on which the board adopts the resolution relating to that
	action, or the sixtieth (60
	th
	)
	day before the date of such other action, whichever is
	later.
 
 | 
 
	ARTICLE
	III
	DIRECTORS
	Section 1.
	Powers
	.  Subject to the provisions of the New Jersey General
	Corporation Law, and to any limitations in the certificate of incorporation and
	these bylaws, relating to action required to be approved by the shareholders or
	approved by the outstanding shares, all corporate powers shall be exercised by
	or under the authority of, and the business and affairs of the corporation shall
	be managed by, the board of directors.  Without prejudice to such
	general powers, but subject to the same limitations, it is hereby expressly
	declared that the board of directors shall have the following powers, to
	wit:
| 
 
	(a)  
 
 | 
 
	To
	select and remove all the officers, agents and employees of the
	corporation, prescribe such powers and duties for them as may not be
	inconsistent with law,
 
 | 
 
| 
 
	(b)  
 
 | 
 
	with
	the certificate of incorporation or with these bylaws, fix their
	compensation and require from them security for faithful
	service.
 
 | 
 
| 
 
	(c)  
 
 | 
 
	To
	conduct, manage and control the affairs and business of the corporation,
	and to make such rules and regulations therefor not inconsistent with law,
	or with the certificate of incorporation or with these bylaws, as they may
	deem best.
 
 | 
 
| 
 
	(d)  
 
 | 
 
	To
	change the principal executive office and principal office for the
	transaction of the corporation from one location to another; to fix and
	locate from time to time one or more subsidiary offices of the corporation
	within or without the State of New Jersey; to designate any place within
	or without the State of New Jersey for the holding of any shareholders’
	meeting or meetings; and to adopt, make and use a corporate seal, and to
	prescribe the forms of certificates of stock, and to alter the form of
	such seal and of such certificates from time to time, as in their judgment
	they may deem best, provided such seal and such certificates shall at all
	times comply with the provisions of
	law.
 
 | 
 
| 
 
	(e)  
 
 | 
 
	To
	authorize the issuance of shares of stock of the corporation from time to
	time, upon such terms as may be
	lawful.
 
 | 
 
| 
 
	(f)  
 
 | 
 
	To
	borrow money and incur indebtedness for the purposes of the corporation,
	and to cause to be executed and delivered therefor, in the corporate name,
	promissory notes, bonds, debentures, deeds of trust, mortgages, pledges,
	hypothecations or other evidences of debt and securities
	therefor.
 
 | 
 
	Section 2.  Number
	and Qualification of Directors.
	  The authorized number of
	directors shall be no less than one, and shall be such maximum number of persons
	as may be determined from time to time by resolutions of the board of
	directors.
	Section
	3.  Election and Term of Office.
	  The directors shall
	be elected at each annual meeting of shareholders but, if any such annual
	meeting is not held or the directors are not elected thereat, the directors may
	be elected at any special meeting of shareholders held for that
	purpose.  All directors shall hold office until their respective
	successors are elected and qualified, subject to the New Jersey General
	Corporation Law and the provisions of these bylaws with respect to vacancies on
	the board of directors.
	 
	Section
	4.  Vacancies
	.  A vacancy in the board of directors
	shall be deemed to exist in case of the death, resignation or removal of any
	director, or if the board of directors by resolution declares vacant the office
	of a director who has been declared of unsound mind by order of count or
	convicted of a felony, or if the authorized number of directors be increased, or
	if the shareholders fail, at any annual or special meeting of shareholders at
	which any director or directors are elected, to elect the full authorized number
	of directors to be voted for at that meeting.
	Vacancies
	in the board of directors, except for a vacancy created by the removal of a
	director, may be filled by a majority of the remaining directors, though less
	than a quorum, or by
	a
	sole remaining director, and each director so elected shall hold office until
	his successor is elected at an annual or a special meeting of the
	shareholders.  A vacancy in the board of directors created by the
	removal of a director may only be filled by the vote of a majority of the shares
	entitled to vote represented at a duly held meeting at which a quorum is
	present, or by the written consent of the holders of a majority of the
	outstanding shares entitled to vote.
	The
	shareholders may elect a director or directors at any time to fill any vacancy
	or vacancies not filled by the directors.  Any such election by
	written consent shall require the consent of holders of a majority of the
	outstanding shares entitled to vote.
	Any
	director may resign effective upon giving written notice to the chairman of the
	board, the chief executive officer, the president, the secretary or the board of
	directors of the corporation, unless the notice specifies a later time for the
	effectiveness of such resignation.  If the board of directors accepts
	the resignation of a director tendered to take effect at a future time, the
	board of directors or the shareholders shall have power to elect a successor or
	take office when the resignation is to become effective.
	No
	reduction of the authorized number of directors shall have the effect of
	removing any director prior to the expiration of his term of
	office.
	Section 5.  Place
	of Meeting
	.  Regular meeting of the board of directors shall be
	held at any place within or without the State of New Jersey which has been
	designated from time to time by resolution by the board or by written consent of
	all members of the board of directors.  In the absence of such
	designation, regular meetings of the board may be held either at a place so
	designated or at the principal executive office.
	Section 6.  Annual
	Meeting
	.  Immediately following each annual meeting of
	shareholders, the board of directors shall hold a regular meeting at the place
	of said annual meeting or at such other place as shall be fixed by the board of
	directors, for the purpose of organization, election of officers, and the
	transaction of other business.  Call and notice of such meetings are
	herby dispensed with.
	Section 7.  Other
	Regular Meetings
	.  Other regular meetings of the board of
	directors shall be held without call on the date and at the time which the board
	of directors may from time to time designated; provided, however, that should
	the day so designated fall upon a Saturday, Sunday or legal holiday observed by
	the corporation at its principal executive office, then said meeting shall be
	held at the same time on the next day thereafter ensuing which is a full
	business day.  Notice of all such regular meetings of the board of
	directors is hereby dispensed with.
	Section
	8.  Special Meetings
	.  Special meetings of the board
	of directors for any purpose or purposes shall be called at any time by the
	chairman of the board, the president, any vice president, the secretary or by
	any director.
	Special
	meetings of the board of directors shall be held upon four (4) days’ written
	notice or forty-eight (48) hours’ notice given personally or by telephone,
	telegraph, telex or other similar means of communication.  Any such
	notice shall be addressed or delivered to each director at such director’s
	address as it is shown upon the records of the corporation or as may have been
	given to the corporation by the director for purposes of notice or, if such
	address is not shown on such records or is not readily ascertainable, at the
	place in which the meetings of the directors are regularly held.
	Notice
	by mail shall be deemed to have been given at the time a written notice is
	deposited in the United States mail, postage prepaid. Any other written notice
	shall be deemed to have been given at the time it is personally delivered to the
	recipient or is delivered to a common carrier for transmission, or actually
	transmitted by the person giving the notice by electronic means, to the
	recipient. Oral notice shall be deemed to have been given at the time it is
	communicated to the
	recipient
	or to a person at the office of the recipient who the person giving the notice
	has reason to believe will promptly communicate it to the
	recipient.
	Any
	notice shall state the date, place and hour of the meeting.  Notice
	given to a director in accordance with this section shall constitute due, legal
	and personal notice to such director.
	Section 9.  Action
	at a Meeting: Quorum and Required Vote.
	  The presence of a
	majority of the authorized number of directors at a meeting of the board of
	directors constitutes a quorum for the transaction of business, except as
	hereinafter provided.  Every act or decision done or made by a
	majority of the directors present at a meeting duly held at which a quorum is
	present shall be regarded as the act of the board of directors, unless a greater
	number, or the same number, after disqualifying one or more directors from
	voting, is required by law, by the certificate of incorporation or by these
	bylaws. A meeting at which a quorum is initially present may continue to
	transact business notwithstanding the withdrawal of directors, provided that any
	action taken is approved by at least a majority of the required quorum for such
	meeting.
	Section
	10.  Validation of Defectively Called or Noticed
	Meetings
	.  The transactions of any meeting of the board of
	directors, however called and noticed or wherever held, shall be as valid as
	though had at a meeting duly held after regular call and notice, if a quorum is
	present and if, either before or after the meeting, each of the directors not
	present or who, though present, has prior to the meeting or at its commencement,
	protested the lack of proper notice to him, signs a written waiver of notice or
	a consent to holding such meeting or an approval of the minutes
	thereof.  All such waivers, consents or approvals shall be filed with
	the corporate records or made a part of the minutes or the meeting.
	Section
	11.  Adjournment
	.  A majority of the directors
	present, whether or not constituting a quorum, may adjourn any board of
	directors’ meeting to another time or place.
	Section
	12.  Notice of adjournment
	.  If a meeting is
	adjourned for more than twenty-four (24) hours, notice of any adjournment to
	another time or place shall be given prior to the time of the adjourned meeting
	to the directors who were not present at the time of adjournment to another time
	or place shall be given prior to the time of the adjourned meeting to the
	directors who were not present at the time of adjournment; otherwise, notice of
	the time and place of holding an adjourned meeting need not be given to absent
	directors if the time and place be fixed at the meeting adjourned.
	Section
	13.  Participation in Meeting by Conference
	Telephone
	.  Members of the board of directors may participate
	in a meeting through use of conference telephone or similar communications
	equipment, so long as all members participating in such meeting can hear one
	another.  Participating in a meeting as permitted in this Section
	constitutes presence in person at such meeting.
	Section
	14.  Action Without Meeting
	.  Any action by the board
	of directors may be taken without a meeting if all members of the board shall
	individually or collectively consent in writing to such action. Such written
	consent or consents shall be filed with the minutes of the
	proceedings
	of
	the board and shall have the same force and effect as a unanimous note of such
	directors.
	Section 15.  Fees
	and Compensation
	.  Directors and members of committees may
	receive such compensation, if any, for their services, and such reimbursement
	for expenses, as may be fixed or determined by resolution of the board of
	directors.
	Section
	16.  Committees
	.  The board of directors may, by
	resolution adopted by a majority of the authorized number of directors,
	designate an executive and other committees, each consisting of two (2) or more
	directors, to serve at the pleasure of the board of directors, and may prescribe
	the manner in which proceedings of any such committee meetings of such committee
	may be regularly scheduled in advance and may be called at any time by any two
	(2) members thereof; otherwise, the provisions of these bylaws with respect to
	notice and conduct of meetings of the board of directors shall
	govern.  Any such committee, to the extent provided in a resolution of
	the board of directors, shall have all of the authority of the board of
	directors, except as limited by the New Jersey General Corporation
	Law.
	ARTICLE
	IV
	OFFICERS
	Section
	1.  Officers
	.  The officers of the corporation shall
	be a chief executive officer, a president, a secretary and a chief financial
	officer.  The corporation may also have, at the discretion of the
	board of directors, a chairman of the board, one or more vice presidents, one or
	more assistant secretaries, one or more assistant treasures, and such other
	officers as may be appointed in accordance with the provisions of Section 3 of
	this Article.  Any number of offices may be held by the same
	person.
	Section
	2.  Election
	.  The officers of the corporation,
	except such officers as may be appointed in accordance with the provisions of
	Section 3 or Section 6 of this Article, shall be chosen annually by, and shall
	serve at the pleasure of, the board of directors, and each shall hold his office
	until he or she shall resign or shall be removed or otherwise disqualified to
	serve, or his or her successor shall be elected and qualified.
	Section
	3.  Subordinate Officer
	.  The board of directors or
	the chief executive officer may appoint such other officers as the business of
	the corporation may require, each of whom shall hold office for such period,
	have such authority and perform such duties as are provided in these bylaws or
	as the board of directors may from time to time determine.
	Section
	4.  Removal and Resignation
	.  Subject to the rights,
	if any, of an officer under any contract of employment, any officer may be
	removed, either with or without cause, by the board of directors, at any regular
	or special meeting thereof, or, except in case of an officer chosen by the board
	of directors, by any officer upon whom such power or removal may be conferred by
	the board of directors.
	Any
	officer may resign at any time by giving written notice to the board of
	directors, or to the president or to the secretary of the
	corporation.  Any resignation is without prejudice to the rights, if
	any, of the corporation under any contract to which such officer is a
	party.  Any such resignation shall take effect at the date of the
	receipt of such notice or at any later time specified therein; and, unless
	otherwise specified therein, the acceptance of such resignation shall not be
	necessary to make it effective.
	Section
	5.  Vacancies
	.  A vacancy in any office because of
	death, resignation, removal, disqualification or any other cause shall be filled
	in the matter prescribed in these bylaws for regular election or appointment to
	such office.
	Section
	6.  Chairman of the Board
	.  The chairman of the
	board, if there be such an office, shall preside at all meetings of the board of
	directors and exercise and perform such other powers
	and
	duties as may be from time to time assigned to him by the board of directors or
	prescribed by these bylaws.
	Section 7. Chief Executive
	Officer
	.  Subject to such supervisory powers, if any, as may be
	given by the board of directors to the chairman of the board, if there be such
	an officer, the chief executive officer shall be the chief executive officer of
	the corporation and shall, subject to the control of the board of directors,
	have general supervision, direction and control of the business and officers of
	the corporation.  He shall preside at all meetings of the shareholders
	and at all meetings of the board of directors.  He shall be ex officio
	a member of all the standing committees, including the executive committee, if
	any and shall have the general power and duties of management usually vested in
	the office of president of a corporation, and shall have such other powers and
	duties as may be prescribed by the board of directors or these
	bylaws.
	Section
	8.  President
	.  The president shall be the chief
	operating officer of the corporation, and in the event of absence or disability
	of the chief executive officer, or if no chief executive officer has been
	appointed by the board of directors, shall perform all the duties of the chief
	executive officer, and when so acting shall have all the powers of, and be
	subject to all the restrictions upon, the chief executive officer.
	Section 9.  Vice
	President
	.  In the absence or disability of the president, the
	vice presidents in order of their rank as fixed by the board of directors or, if
	not ranked, a vice president designated by the board of directors, if there be
	such an officer or officers, shall perform all the duties of the president, and
	when so acting shall have all the powers of, and be subject to all the
	restrictions upon, the president.  The vice presidents, if there be
	such an officer or officers, shall have such other powers and perform such other
	duties as from time to time may be prescribed for them respectively by the board
	of directors of these bylaws.
	Section
	10.  Secretary
	.  The secretary shall record or cause
	to be recorded , and shall keep or cause to be kept, at the principal executive
	office or such other place as the board of directors may order, a book of
	minutes of  all meetings and actions, of the shareholders, the board
	directors and all committees thereof, with the time and place of holding of
	meetings, whether regular or special, and if special, how authorized, the notice
	thereof given, the names of those present at directors’ meetings, the number of
	shares present or represented at shareholders’ meetings, and the proceedings
	thereof.
	The
	secretary shall keep, or cause to be kept, at the principal executive office or
	at the office of the corporations’ transfer agent, or registrar, if one be
	appointed, a share register, or a duplicate share register, showing the names of
	the shareholders and their addresses, the number and classes of shares held by
	each, the number and date of certificates issued for the same, and the number
	and date of cancellation of every certificate surrendered for
	cancellation.
	Section 11.  Chief
	Financial Officer
	.  The chief financial officer shall keep and
	maintain, or cause to be kept and maintained, adequate and colored accounts of
	the properties and business transactions of the corporation, including accounts
	of its assets, liabilities, receipts, disbursements, gains, losses, capital,
	retained earnings and shares.  The books of account shall at all
	reasonable times be open to inspection by any director.
	The
	chief financial officer shall deposit all moneys and other valuables in the name
	and to the credit of the corporation with such depositories as may be designated
	by the broad of directors.  He shall disburse the funds of the
	corporation as may be ordered by the board of directors, shall render to the
	president and directors, whenever they request it, an account of all
	of
	his
	transactions as chief financial officer and of the financial condition of the
	corporation, and shall have such powers and perform such other duties as may be
	prescribed by the board of directors or these bylaws.
	Section
	12.  Assistant Secretaries and Assistant
	Treasurers
	.  In the absence or disability of the secretary or
	the chief financial officer, their duties shall be performed and their powers
	exercised, respectively, by any assistant secretary or any assistant treasurer
	which the board of directors may have elected or appointed.  The
	assistant secretaries and the assistant treasurers shall have such other duties
	and powers as may have been delegated to them, respectively, by the secretary or
	the chief financial officer or by the board of directors.
	ARTICLE
	V
	INDEMNIFICATION
	OF DIRECTORS,
	OFFICERS, EMPLOYEES AND
	OTHER AGENTS
	Section
	1.  Definitions
	.  For the purpose of this Article V,
	“agent” means any person who is or was a director, officer, employee or other
	agent of the corporation, or is or was serving at the request of the corporation
	as a director, officer, employee or agent of another foreign or domestic
	corporation, partnership, joint venture, trust or other enterprise, or was a
	director, officer, employee or agent of a foreign or domestic corporation which
	was a predecessor corporation of the corporation or of another enterprise at the
	request of such predecessor corporation; “proceeding” means any threatened,
	pending or completed action or proceeding, whether civil, criminal,
	administrative or investigative; and “expenses” includes,
	 
	without limitation,
	attorneys’ fees and any expenses of establishing a right to indemnification
	under Section 4 or Section 5 of this Article V.
	Section
	2.  Actions by Third Parties
	.  The corporation shall
	indemnify any person who was or is a party, or is threatened to be made a party,
	or is threatened to be made a party, to any proceeding (other than an action by
	or in the right of the corporation) by reason of the fact that such person is or
	was an agent of the corporation, against expenses, judgments, fines, settlements
	and other amounts actually had reasonably incurred in connection with such
	proceeding to the fullest extent permitted by the laws of the State of New
	Jersey as they may exist from time to time.
	Section
	3.  Actions by or in the Right of the
	Corporation
	.  The corporation shall indemnify any person who
	was or is a party, or is threatened to be made a party, to any threatened,
	pending or completed action by or in the right of the corporation to procure a
	judgment in its favor by reason of the fact that such person is or was a agent
	of the corporation, against expenses actually and reasonably incurred by such
	person in connection with the defense of settlement of such action to the
	fullest extent permitted by the laws of the State of New Jersey as they may
	exist from time to time.
	Section
	4.  Advance of Expenses
	.  Expenses incurred in
	defending any proceeding may be advanced by the corporation prior to the final
	disposition of such proceeding upon receipt of a request therefore and an
	undertaking by or on behalf of the agent to repay such amount unless it shall be
	determined ultimately that the agent is not entitled to be indemnified as a
	authorized in this Article V.
	Section5.  Contractual
	Nature
	.  The provision of this Article V shall be deemed to be
	a contract between the corporation and each director and officer who serves in
	such capacity at any
	time
	while this Article is in effect, and any repeal or modification thereof shall
	not affect any rights or obligations then existing with respect to any state of
	facts then or theretofore existing or any action, suite or proceeding
	theretofore existing or any action, suite or proceeding theretofore or
	thereafter brought based in whole or in part upon any such state of
	facts.
	Section
	6.  Insurance
	.  Upon and in the event of a
	determination by the board of directors to purchase such insurance, the
	corporation shall purchase and maintain insurance on behalf of any agent of the
	corporation against any liability asserted against or incurred by the agent in
	such capacity or arising out of the agent’s status as such whether or not the
	corporation would have the power to indemnify the agent against such liability
	under the provisions of this Article V. All amounts received by an agent under
	any such policy of insurance shall be applied against, but shall not limit, the
	amounts to which the agent is entitled pursuant to the foregoing provisions of
	the Article V.
	Section
	7.  ERISA
	.  To assure indemnification under this
	provision of all such person who are or were “fiduciaries” of an employee
	benefit plan governed by the Employee Retirement Income Security Act of 1974, as
	amended from time to time (“ERISA”), the provisions of this Article V shall,
	except as limited by Section 410 of ERISA, be interpreted as follows: an “other
	enterprise” shall be deemed to include an employee benefit plan; the corporation
	shall be deemed to have requested a person to serve as an employee of an
	employee benefit plan where the performance by such person of his duties to the
	corporation also imposes duties on, or otherwise involves services by, such
	person to the plan or participants or beneficiaries of the plan; excise taxes
	assessed on a person with respect to an employee benefit plan in the performance
	of such person’s duties for a purpose reasonably believed by such person to be
	in compliance with ERISA and the terms of the plan shall be deemed to be for a
	purpose which is not opposed to the best interests of the
	corporation.
	ARTICLE
	VI
	GENERAL CORPORATE
	MATTERS
	Section 1.  Record
	Date for Purposes Other Than Notice and Voting
	.  For purposes
	of determining the shareholders entitled to receive payment of any dividend or
	other distribution or allotment of any rights or entitled to exercise any right
	in respect of any other lawful action (other than as provided in Section 12 of
	Article II of these bylaws), the board of directors may fix, in advance, a
	record date, which shall not be more than sixty (60) days before any such
	action, and in that case only shareholders of record on the date so fixed are
	entitled to receive the dividend, distribution, or allotment of rights or to
	exercise the rights, as the case may be, notwithstanding any transfer of any
	shares on the books of the corporation after the record date so fixed , except
	as otherwise provided in the New Jersey General Corporation Law.
	If
	the board of directors does not so fix a record date, the record date for
	determining shareholders for any such purpose shall be at the close of business
	on the day on which the board adopts the applicable resolution or the sixtieth
	(60
	th
	) day
	before the date of that action, whichever is later.
	Section
	2.  Inspection of Corporate Records
	.  The accounting
	books and records, the records of shareholders, and minutes of proceeding of the
	shareholders and the board and committees of the board of directors of the
	corporation and any subsidiary of the corporation shall be open to inspection
	upon the written demand on the corporation of any shareholder or holder
	of
	a
	voting trust certificate at any reasonable time during usual business hours, for
	a purpose reasonably related to such holders’ interests as a shareholder or as
	the holder of such voting trust certificate.  Such inspection by a
	shareholder or holder of a voting trust certificate may be made in person or by
	an agent or attorney, and the right of inspection includes the right to copy and
	make extracts.  A shareholder or shareholders holding at least five
	percent (5%) in the aggregate of the outstanding voting shares of the
	corporation or who hold at least one percent (1%) of such voting shares and have
	filed a Schedule 14B with the United States Securities and Exchange Commission
	relating to the election of directors of the corporation shall have (in person,
	or by agent or attorney) the right to inspect and copy the record of
	shareholders’ names and addresses and shareholdings during usual business hours
	upon five (5) business days’ prior written demand upon the corporation and to
	obtain from the transfer agent, if any, for the corporation, upon written demand
	and upon the tender of its usual charges, a list of the shareholders’ names and
	addresses, who are entitled to vote for the election of directors, and their
	shareholdings, and of the most recent record date for which it has been compiled
	or as of a date specified by the shareholder subsequent to the date of
	demand.  The list shall be made available on or before the later of
	five (5) business days after the demand is received or the date specified
	therein as the date as of which the list is to be compiled or as of a date
	specified by the shareholder subsequent to the date of demand.  The
	list shall be made available on or before the later of five (5) business days
	after the demand is received or the date specified therein as the date as of
	which the list is to be compiled.
	Every
	director shall have the absolute right at any reasonable time to inspect and
	copy all books, records and documents of every kind and to inspect the physical
	properties of the corporation.  Such inspection by a director may be
	made in person or by agent or attorney, and the right of inspection includes the
	right to copy and make extracts.
	Section
	3.  Inspection of Bylaws
	.  The corporation shall keep
	in its principal executive office in Fairfield, New Jersey, or any other
	principal executive office of the corporation (or otherwise provide upon written
	request of any shareholder) the original or a copy of the bylaws as amended or
	otherwise altered to date, certified by the secretary, which shall be open to
	inspection by the shareholders at all reasonable times during office
	hours.
	Section
	4.  Checks, Drafts, Etc
	.  All checks, drafts or other
	orders for payment of money, notes or other evidences of indebtedness, issued in
	the name of or payable to the corporation, shall be signed or endorsed by such
	person or persons and in such manner as, from time to time, shall be determined
	by resolution of the board of directors.
	Section
	5.  Contracts and Instruments; How Executed
	.  The
	board of directors, except as in these bylaws otherwise provided, may authorize
	any officer or officers, agent or agents, to enter into any contract or execute
	any instrument in the name of and on behalf of the corporation, and such
	authority may be general or confined to specific instances; and, unless so
	authorized or ratified by the board of directors, no officer, agent or employee
	shall have any power or authority to bind the corporation by any contract or
	engagement or to pledge its credit or to render it liable for any purpose or to
	any amount.
	Section
	6.  Certificate for Shares.
	  Every holder of shares
	in the corporation shall be entitled to have a certificate signed in the name of
	the corporation by the chairman of the board or the president or a vice
	president or a vice president and by the chief financial officer or an assistant
	treasurer or the secretary or any assistant secretary, certifying the number of
	shares and the Class or series of shares owned by the
	shareholder.  Any of the signatures on the certificate may be
	facsimile.  In case any officer, transfer agent or registrar who has
	signed or whose facsimile
	signature
	has been placed upon a certificate is issued, it may be issued by the
	corporation with the same effect as if such person were an officer, transfer
	agent or registrar at the date of issue.
	Any
	such certificate shall also contain such legend or other statement as may be
	required by applicable state securities laws, the federal securities laws, and
	any agreement between the corporation and the shareholders thereof.
	Certificates
	for shares may be issued prior to full payment under such restrictions and for
	such purposes as the board of directors or these bylaws may provide; provided,
	however, that on any certificate issued to represent any partly paid shares, the
	total amount of the consideration to be paid therefore and the amount paid
	thereon shall be stated.
	Except
	as provided in this Section 6, no new certificate for shares shall be issued in
	lieu of an old one unless the latter is surrendered and canceled at the same
	time.  The board of directors may, however, in case any certificate
	for shares is alleged to have been lost, stolen, or destroyed, authorize the
	issuance of a new certificate in lieu thereof, and the corporation may require
	that the corporation be given a bond or other adequate security sufficient to
	indemnify it against any claim that may be made against it (including expense or
	liability) on account of the alleged loss, theft, or destruction of such
	certificate of the issuance of such new certificate.
	At
	any time a certificate may be issued pursuant to this section, the corporation
	is authorized to issue an uncertificated issuance of shares for purposes of
	electronic transfer.
	Section
	7.  Representation of Shares of Other
	Corporations
	.  The president or any other officer or officers
	authorized by the board of directors or the president are each authorized to
	vote, represent and exercise on behalf of the corporation all rights incident to
	any and all shares of any other corporation or corporations standing in the name
	of the corporation.  The authority herein granted may be exercised
	either by any such officer in person or by any other person authorized so to do
	by proxy or power of attorney duly executed by said officer.
	Section
	8.  Construction and Definitions
	.  Unless the context
	otherwise requires, the general provisions, rules of construction and
	definitions contained in the New Jersey General Corporation Law shall govern the
	construction of these bylaws.  Without limiting the generality of the
	foregoing, the masculine gender includes the feminine and neuter, the singular
	number includes the plural and the plural number includes the singular, and the
	term “person” includes a corporation as well as a natural person.
	ARTICLE
	VII
	AMENDMENTS TO
	BYLAWS
	Section
	1.  Amendment by Shareholders
	.  New bylaws may be
	adopted or these bylaws may be amended or repealed by the vote or written
	consent of holders of a majority of the outstanding shares entitled to vote;
	provided, however, that if the certificate of incorporation, the authorized
	number of directors may be changed only by an amendment of the certificate of
	incorporation.
	CERTIFICATE
	OF SECRETARY
	I,
	the undersigned, do hereby certify:
	That
	I am the duly elected and acting secretary of Diamond Information Institute,
	Inc., a New Jersey corporation; and, that the foregoing Bylaws, comprising
	Fifteen (15) pages, constitute the Bylaws of said corporation as duly adopted
	and approved by the board of directors of said corporation by a Unanimous
	Written Consent dated as of October 24, 1988.
	IN
	WITNESS WHEREOF, I have hereunto subscribed my name and affixed the seal of said
	corporation this 24
	th
	day of
	October, 1988
	                                                                                             
	/s/Berge
	Abajian
	                                                      
	                                                                                              Berge
	Abajian, Secretary
	Diamond
	Information Institute, Inc.
 
	***ALL
	INFORMATION WILL BE TREATED CONFIDENTIALLY***
 
	INSTRUCTIONS:  This
	Questionnaire is being sent to each individual who has indicated an interest in
	purchasing the Common Stock (the "Common Shares") and the Common Stock Purchase
	Warrants (the Warrants”) of Diamond Information Institute, Inc., a New Jersey
	corporation (the "Company").  The purpose of this Questionnaire is to
	assure the Company that each investor will meet the standards imposed by
	applicable federal and state law, since the Common Shares and the Warrants
	offered hereunder will not be registered with the Securities and Exchange
	Commission or with the securities regulatory agency of any state.
	If the answer to any
	questions is "None" or "Not Applicable", please so state.
	  Your
	answers will, at all times, be kept strictly confidential.  However,
	by signing this questionnaire, you agree that the Company and/or seller may
	present this Questionnaire to such parties as it deems appropriate, if called
	upon under law to establish the availability under state or federal securities
	laws of an exemption from registration of this private placement. Please
	complete, sign, date, and return the questionnaire to the
	Company.
 
	Name_____________________________________________________________
	Residence
	Address __________________________________________________
	_________________________________________________________________
	Phone
	Number _____________________________________________________
	Occupation________________________________________________________
	Business
	Address ___________________________________________________
	 
	_________________________________________________________________
	Business
	Telephone __________________________________________________
 
	*
	If Corporate Purchaser:
	Publicly
	Owned _____________ or Privately Owned ________________
	Jurisdiction
	of Incorporation _______________________________________
	Fiscal
	Year End ________________________________________________
	If
	Partnership Purchaser: Date of Formation
	___________________________
	Fiscal
	Year End ________________________________________________
 
	I
	prefer to have correspondence sent to my:
 
	Home
	Address (___)        Business Address
	(___)
 
| 
 
	 1.
 
 | 
 
	Set
	forth in the space provided below the state(s) in which you have
	maintained your principal residence during the past two years and the
	dates during which you resided in each
	state.
 
 | 
 
 
	____________________________________________________________
 
	____________________________________________________________
 
| 
 
	 2.
 
 | 
 
	Do
	you maintain a house or apartment in any other state(s)?  If
	yes, in which state(s)?
 
 | 
 
 
	____________________________________________________________
 
| 
 
	 3.
 
 | 
 
	In
	which state, if any, do you pay state income
	taxes?
 
 | 
 
 
	____________________________________________________________
 
| 
 
	 4.
 
 | 
 
	In
	which state, if any, are you registered to
	vote?
 
 | 
 
 
	____________________________________________________________
 
| 
 
	 5.
 
 | 
 
	What
	is your present age?
 
 | 
 
 
	____________________________________________________________
 
	6.           The
	undersigned has previously purchased Private Placements (securities which were
	sold in reliance upon the non-public offering exemption from registration under
	the Securities Act of 1933).
 
	7.           Do
	you believe that you are capable of evaluating the merits and risks of this
	investment?
 
	                Yes
	(___)     No (___) If yes, please describe and set
	forth the reasons.
	____________________________________________________________
 
	____________________________________________________________
 
	____________________________________________________________
 
| 
 
	8.
 
 | 
 
	Do
	you intend to use a Purchaser Representative to assist you in your
	understanding of this
	investment?
 
 | 
 
 
	If
	you use a Purchaser Representative, fill out the enclosed Selection of Purchaser
	Representative Form.
 
	       Print
	Name: ____________________________ Date:___________
 
	II. STATUS AS ACCREDITED or NON-
	ACCREDITED INVESTOR
 
	(Please answer
	each
	question.)
 
| 
 
	 9.
 
 | 
 
	 
 
 | 
 
	(a)
 
 | 
 
	Does
	your individual net worth (
	inclusive
	of
	home, furnishings and automobiles valued at fair market value) or the
	joint net worth of you and your spouse (if any), exceed $1,000,000 at the
	present time?
 
 | 
 
 
	Yes
	___________________                                                              No
	______________________
 
| 
 
	   
	 
	   
	    
	(b)
 
 | 
 
	Did
	your individual income exceed $200,000 in each of the last two years and
	do you expect an income in excess of $200,000 this
	year?
 
 | 
 
 
	   
	 
	   
	 
	   
	     
	(For this purpose, income is computed by adding the following items to adjusted
	gross income as computed for federal income tax purposes, but not including
	any amounts attributable to a spouse or property owned by a
	spouse):  any deductions for a long-term capital gain or
	depletion, any exclusion of interest earned on tax-exempt bonds, any losses
	allocated from a limited partnership, amounts contributed to an IRA or Keogh
	retirement plan and alimony payments.)
 
	Yes
	__________________                                                                No
	______________________
 
| 
 
	   
	 
	   
	    
	(c)
 
 | 
 
	If
	married, did your joint combined income with that of your spouse exceed
	$300,000 in each of the last two years and do you expect a joint combined
	income in excess of $300,000 this
	year?
 
 | 
 
 
	Yes
	__________________                                                                No
	______________________
 
	I
	hereby warrant and represent that:
 
| 
 
	(a)
 
 | 
 
	The
	information contained in this Investor Questionnaire is true, complete and
	accurate, and may be relied upon by the Corporation in determining whether
	the offering in which I propose to participate is exempt from registration
	under the  Act of 1933, pursuant to Regulation D or otherwise,
	and applicable state securities
	laws.
 
 | 
 
 
| 
 
	(b)
 
 | 
 
	I
	have sufficient knowledge and experience in financial and business matters
	to evaluate the merits and risks of a prospective investment.  I
	understand the risks associated with an investment
	herein.
 
 | 
 
 
| 
 
	(c)
 
 | 
 
	I
	understand that a false representation may constitute a violation of law,
	and agree to indemnify and hold harmless anyone who relies on my
	representations from any loss or damages resulting from any misstatement
	in this Investor
	Questionnaire.
 
 | 
 
 
| 
 
	(d)
 
 | 
 
	I
	will notify the Company of any material changes in the information
	provided which occur prior to the acceptance of my
	subscription.
 
 | 
 
 
| 
 
	(e)
 
 | 
 
	I am experienced in
	investing in small, early-stage companies and the amount that I am
	investing is no more than 15% of my net
	worth.
 
 | 
 
 
	I
	have executed this Investor Questionnaire this ____ day of ____________, 2007,
	for the purpose of qualifying for the purchase of privately placed
	securities.
	______________________________                                                                _____________________________
	Signature
	of
	subscriber                                                                                          Signature
	of co-owner (if the Units are
	   
	 
	   
	 
	   
	 
	   
	 
	   
	 
	   
	 
	   
	 
	   
	 
	   
	 
	   
	 
	   
	 
	   
	 
	  
	to be purchased in
	joint
	name or as community
	   
	 
	  
	property)
 
	[The
	remainder of this page has been left intentionally blank.]
 
	 DIAMOND INFORMATION INSTITUTE,
	INC.
	A DIAMOND INFORMATION INSTITUTE
	CORPORATION
 
| 
 
	 
 
 | 
 
	Date:_____________________
 
 | 
 
 
	Memorandum
	No.___________
 
	1. 
	   
	 The
	undersigned hereby acknowledges receipt of the following information on DIAMOND
	INFORMATION INSTITUTE, INC., a New Jersey corporation (the
	"Company"):
 
	   
	 
	   
	 a) Confidential
	Private Placement Memorandum dated April 2, 2007;
	   
	 
	   
	 b) Audited Financial
	Statements as of 12/31/2006;
	   
	 
	   
	 c) Articles of
	Incorporation and Bylaws for the Company;
	   
	 
	   
	 d) Certificate of
	Designation of Preferences.
 
	2. 
	   
	 The
	undersigned hereby tenders this Investment Agreement for the purchase of the
	Company's Common Stock and Common Stock Purchase Warrants (the
	"Securities").
 
	3. 
	   
	 
	Experience in Investing & Matter
	of Net Worth
	. The undersigned warrants and represents that: (a)
	Subscriber is experienced in making investments into small, early-stage
	companies that have no or little record of generating revenues; and (b)
	Subscriber is investing no more than 15% of his net worth in connection with the
	purchase of the Securities hereunder.
	4. 
	   
	 The
	undersigned hereby represents and warrants to the Company as
	follows:
 
	   
	         
	a.) The Subscriber understands that the representations contained herein are
	made for the purpose of satisfying the Company that the Subscriber is an
	Accredited Investor.
	THE
	SUBSCRIBER HEREBY REPRESENTS THAT THE STATEMENT OR STATEMENTS MADE HEREIN ARE
	TRUE AND CORRECT IN ALL RESPECTS.  THE SUBSCRIBER UNDERSTANDS THAT A
	FALSE REPRESENTATION MAY CONSTITUTE A VIOLATION OF LAW AND THAT ANY PERSON WHO
	SUFFERS DAMAGE AS A RESULT OF A FALSE REPRESENTATION MAY HAVE A CLAIM AGAINST
	THE SUBSCRIBER FOR DAMAGES.
	 
 
	   
	 
	    
	   
	b.) In connection
	with this Investment Agreement, the Subscriber has been advised and understands
	that immediately prior to the offer and purchase of the Securities pursuant to
	this Agreement:
 
	   
	 
	   
	 
	   
	 
	   
	 
	 (i)           The
	Subscriber had such knowledge and experience in financial and business matters
	that the subscriber was capable of evaluating the merits and risks of the
	prospective investment; and
	   
	 
	   
	 
	  
	 
	 
	   
	 
	 (ii)           The
	Subscriber was able to bear the economic risk of the investment;
	and
	   
	 
	   
	 
	  
	 
	 
	   
	 
	 (iii)           
	Status as Accredited
	Investor
	.  The Subscriber is an Accredited Investor as that
	term is defined under Regulation D, Rule 501(a).  Under Regulation D,
	an individual
	Accredited Investor must
	meet the following criteria
	:
 
	  
	   
	 
	   
	  a.) The Subscriber
	is a natural person and had an
	individual
	income in
	excess of $200,000 or
	joint
	income with the
	Subscriber’s spouse in excess of $300,000 in each of the two most recent years
	and who reasonably expects reaching the same level of income in the current
	year;
	and/or
	  
	   
	 
	   
	  b.) The Subscriber
	is a natural person is a natural person and his/her net worth as of a current
	date (i.e., the excess of total assets over total liabilities),
	ex
	clusive
	of home, home
	furnishings, and automobiles, either individually or jointly with his/her
	spouse, exceeds $1,000,000.
 
	   
	   
	 
	   
	 c.)  
	Investment
	Intent
	.  Subscriber is acquiring the Securities for his/her own
	home account and not for the account of others and for investment purposes only
	and not with a view to or for the sale, offer for sale, transfer, assignment,
	resale, or distribution thereof, in whole or in part.  Subscriber has
	no contract to sell, transfer, assign, or pledge to any person the Securities
	subscribed for, or any part thereof.  Subscriber has no present plans
	to enter into any such contract, undertaking, or
	arrangement.  Subscriber will not transfer or assign the Investment
	Agreement or any of his interest herein.  Subscriber understands the
	meaning and legal consequences of the foregoing representations and
	warranties.
 
	 
	   
	     
	   
	 
	   
	  d.)  
	Reliance Upon Own Advisors
	.
	Subscriber has consulted with and is relying upon such legal, tax, and other
	counsel, each of whom Subscriber has found necessary to consult concerning this
	transaction, and such consultation has included an examination of applicable
	documents and an analysis of all tax, financial, corporate, and securities law
	aspects.  Subscriber, Subscriber’s counsel, Subscriber’s advisors, and
	such other persons with whom Subscriber found it necessary to consult, have
	sufficient knowledge and experience in such matters to evaluate the information
	and the risks of the investment and to make an informed investment decision with
	respect thereto.
 
	 
	   
	     
	   
	 
	   
	  e.)  
	Reliance Upon Own Tax
	Advisor
	.  With respect to the tax aspects of his investment,
	Subscriber is relying solely upon the advice of his own personal tax advisors
	and upon his own knowledge with respect thereto.  Subscriber is aware
	that any Federal Income Tax benefits which may be available to him may be lost
	through adoption of new laws or regulations, amendments to existing laws and
	regulations, or changes in the interpretation of existing laws and
	regulations.
 
	  
	   
	 
	   
	   f.)  
	Absence of Registration; Restricted
	Securities
	. Subscriber understands and is aware that the Securities have
	not been registered under the Securities Act of 1933, as amended
	("the  Act"), nor pursuant to any other Federal law in reliance on
	exemptions for private offerings contained in Section 4(2) and Section 4(6) of
	the  Act.  Subscriber is fully aware that any Securities
	purchased him are to be sold in reliance upon such exemption based upon his
	representations, warranties, and agreements set forth
	herein.  Subscriber is also aware and understands that such exemption
	is dependent upon the accuracy of the statements made by Subscriber
	herein.  There is no assurance that the Company’s planned information
	statement will become effective or that any trading market will develop or be
	maintained.
 
	   
	   
	  
	   
	  g.)  
	Understanding Economic Risks
	.
	Subscriber is fully aware of the restrictions on sale, transferability, and
	assignment of the Securities, and Subscriber must bear economic risk of his
	investment in the Company for an indefinite period of time because the
	Securities (and any Shares of the Company's Common Stock acquired in connection
	with the purchase of the Securities) have not been registered under
	the  Act, and therefore, cannot be offered or sold unless they are
	subsequently registered under the  Act or an exemption from such
	registration is available.
	  
	   
	 
	   
	    h.)  Subscriber
	is aware that the Securities are speculative investments involving an
	EXTREMELY HIGH LEVEL OF RISK
	and that any right to transfer his Securities in the Company is limited
	and restricted by law.
	   
	   
	 
	   
	  
	i.)   
	Absence of
	Any Other Representations
	.  No representations or warranties
	have been made to Subscriber other than those contained herein, and Subscriber
	has not relied upon any other representation or warranty.
	  
	   
	 
	   
	   
	j.)  Subscriber is over the age of 21, and Subscriber, either alone or
	together with Subscriber’s offeree representative (if any), has business and
	investment experience and knowledge sufficient to enable Subscriber to evaluate
	the hazards and merits of making this investment.
	  
	   
	 
	   
	   
	k.)  The foregoing representations and warranties are true and
	accurate as of the date hereof and will be true and correct as of the date of
	his purchase of the Securities.  All representations and warranties
	made in this Agreement shall survive Investor's purchase of the Securities and
	any execution of this Agreement.
 
| 
 
	        
	5.
 
 | 
 
	Receipt of Memorandum
	.
	Investor further acknowledges and represents that Subscriber has received,
	read, understood, and is familiar with and understands the Private
	Placement Memorandum bearing all attachments and exhibits thereto
	concerning the Company and the offering pursuant to which this Investment
	Agreement is being made.  Subscriber further acknowledges that,
	except as set forth herein, no representations or warranties have been
	made to Subscriber or to Subscriber’s advisors by the Company or by any
	person acting on behalf of the Company, the financial condition of the
	Company, the deductibility of any item for tax purposes, and/or the
	economic, tax, or any other aspects or consequences of a purchase of a
	share and/or investment in the Company, and Subscriber has not relied upon
	any information concerning the offering, written or oral, other than as
	contained herein.
 
 | 
 
 
| 
 
	        
	6.
 
 | 
 
	The
	undersigned understands that these Securities of the Company are being
	purchased for the undersigned's own account for investment and not for
	distribution or resale to others.  The undersigned agrees that
	Subscriber will not sell or otherwise transfer these securities unless
	they are registered under the Federal  Act of 1933 or unless an
	exemption from such registration is available.  The undersigned
	represents that Subscriber has adequate means of providing for his current
	needs and possible personal contingencies and that Subscriber has no need
	for liquidity of this investment.
 
 | 
 
| 
 
	 
 
 | 
 
	       
	7.   
	 
	 
	 
	The
	provisions of this Agreement shall be deemed to obligate, extend to and
	inure to the benefit of the successors, assigns, transferees, grantees,
	and indemnities of both parties to this
	Agreement.
 
 | 
 
| 
 
	        
	8.
 
 | 
 
	Wherever
	the context so requires:  the singular number shall include the
	plural; the plural shall include the singular; and the masculine gender
	shall include the feminine and neuter
	genders.
 
 | 
 
| 
 
	        
	9.
 
 | 
 
	This
	Agreement, after full execution, acknowledgment and delivery, memorializes
	and constitutes the entire agreement and understanding between the parties
	and supersedes and replaces all prior negotiations and agreements of the
	parties, whether written or unwritten.  Each of the parties to
	this Agreement acknowledges that no other party, nor any agent or attorney
	of any other party has made any promises, representations, or warranty
	whatsoever, expressed or implied, which is not expressly contained in this
	Agreement; and each party further acknowledges that Subscriber or it has
	not executed this Agreement in reliance upon any belief as to any fact not
	expressly recited herein above.  No amendment or waiver of any
	provision, term, or condition of this Agreement shall be effective unless
	the same is executed by the party against whom enforcement is
	sought.
 
 | 
 
 
	10.  
	 
	 
	This
	Agreement may be executed in any number of counterparts.
	 
 
	11.
	 
	  
	ARBITRATION
	.  
	Any dispute or claim arising to or in
	any way related to this Agreement shall be settled by binding arbitration in
	Fairfield
	,
	New Jersey
	and this Agreement and the
	interpretation of this Agreement shall be governed by
	New Jersey
	law.
	  All
	arbitration shall be conducted in accordance with the rules and regulations of
	the American Arbitration Association ("AAA").  AAA shall designate an
	arbitrator from an approved list of arbitrators following both parties' review
	and deletion of those arbitrators on the approved list having a conflict of
	interest with either party.  Each party shall pay its own expenses
	associated with such arbitration.  A demand for arbitration shall be
	made within a reasonable time after the claim, dispute or other matter has
	arisen and in no event shall such demand be made after the date when institution
	of legal or equitable proceedings based on such claim, dispute or other matter
	in question would be barred by the applicable statutes of
	limitations.  The decision of the arbitrators shall be rendered within
	60 days of submission of any claim or dispute, shall be in writing and mailed to
	all the parties included in the arbitration.  
	The decision of the arbitrator shall
	be bi
	nding upon the
	parties and judg
	ment in
	accordance with that decision may be entered in any court having jurisdiction
	thereof.
 
	IN WITNESS WHEREOF
	, I have
	executed this Investment Agreement this _____ day of __________,
	2007.
 
	Dollar
	Amount of Securities Purchased: $______________
	Number
	of Units Purchased:___________________
	Name
	(please print):__________________________________________________
	Subscriber
	Signature: _________________________________________________
	Signature
	of Co-Subscriber (if any): ______________________________________
	Signature
	of Spouse:__________________________________________________
	ACCEPTED:
	______________________________                     Date:  ____________________
	 Diamond
	Information Institute, Inc.
 
	 DIAMOND INFORMATION INSTITUTE,
	INC.
 
	A DIAMOND INFORMATION INSTITUTE
	CORPORATION
 
| 
 
	 
 
 | 
 
	Date:_____________________
 
 | 
 
 
	Memorandum
	No.____________
 
	Provide
	Name(s) exactly as you wish your interest in the Company to be
	registered:
	______________________________________________________________________________
	(please
	print clearly)
	______________________________________________________________________________
	Provide
	Address:
	______________________________________________________________________________
 
	1.
	If Not in Your Name, Provide Manner of Ownership
	       (Joint
	Tenancy, Tenants in Common, etc.):
	______________________________________________________________________________
	2.       Social
	Security Number and Address of Each Owner:
 
	         
	Owner
	Name
	                                                      
	   
	 
	   
	 
	S.S.
	No.
	                               
	   
	 
	   
	 
	  
	(Street/City/State/Zip)
 
	A.____________________                                                        _______________                                          ___________________________
	B.____________________                                                        _______________                                          ___________________________
 
	C.____________________                                                        _______________                                          ___________________________
 
	PURCHASER REPRESENTATIVE
	QUESTIONNAIRE
 
	 DIAMOND INFORMATION INSTITUTE,
	INC.
	A DIAMOND INFORMATION INSTITUTE
	CORPORATION
 
	Date:______________________
	Memorandum
	No.____________
	Name
	of
	Offeree:  ________________________________________________________
	Please
	complete the following questionnaire fully, attaching additional sheets if
	necessary.
	1.
	Name
	_______________________________________________________________
	Age
	_________________ Business Address:
	______________________________________________________________________
	______________________________________________________________________
	2.
	Present occupation or position, indicating period of such practice or employment
	and field or professional specialization, if any:
	______________________________________________________________________
	3.
	List any business or professional education, including degrees received, if
	any:
	______________________________________________________________________
	______________________________________________________________________
	4.
	Have you had prior experience in advising clients with respect to investments of
	this type:
 
	5.
	List any professional licenses or registration, including bar admissions,
	accounting certificates, real estate brokerage licenses, and SEC or state
	broker-dealer registrations, held by you:
	______________________________________________________________________
	______________________________________________________________________
	______________________________________________________________________
	6.
	Describe generally any business, financial or investment experience that would
	help you to evaluate the merits and risks of this investment:
	______________________________________________________________________
	______________________________________________________________________
	______________________________________________________________________
	7.
	State how long you have known the Offeree and in what capacity:
	______________________________________________________________________
	______________________________________________________________________
	______________________________________________________________________
	8.
	In advising the Offeree in connection with Offeree's prospective investment in
	the Offering, I will be relying in part on the Offeree's own expertise in
	certain areas.
 
	9.
	In advising Offeree in connection with Offeree's prospective investment in the
	Offering, I will be relying in part on the expertise of an additional Purchase
	Representative or Representatives.
 
	If
	"Yes" give the name and address of such additional Representative or
	Representatives:
 
	______________________________________________________________________
 
	______________________________________________________________________
	 
 
	I
	understand that the Company will be relying on the accuracy and thoroughness of
	my responses to the foregoing questions, and I represent and warrant to the
	selling agent and the Company the following: (i) I am acting as Purchaser
	Representative for
	_______________________________________________________________
	in
	connection with evaluating the merits and risks of the prospective investment by
	the Offeree in  Diamond Information Institute, Inc.,
	(ii)  The answers to the above questions are true and correct and may
	be relied upon by the underwriter in determining whether the Offering in
	connection with which I have executed this questionnaire is exempt from
	registration under Sections 4(2) and 4(6) and Regulation D of the  Act
	of 1933, as amended, and under applicable state securities laws; (iii) to the
	best of my knowledge, the information contained in the Offeree's suitability
	questionnaire, which I have reviewed, is true and correct, and, in my opinion,
	the Offeree is capable of bearing the economic risk of the proposed investment;
	(v) I have received copies of the Offering document and have reviewed same with
	the Offeree; (vi)  The representations, warranties and acknowledgments
	made by the Offeree in the Investment Agreement which pertain are true and
	correct, and those which pertain to the Offeree, to the best of my knowledge,
	are true and correct; (vii) I personally (or together with the Offeree of the
	additional Purchaser Representative or Representatives indicated above) have
	such knowledge and experience in financial and business matters that I am
	capable of evaluating the merits and risks of the Offeree's prospective
	investment in the Offering.  Executed at
	_____________________________,
	______________________ on
	this
	______________ day of ___________________, 2007.
 
	_____________________________________________
	(Signature
	of Purchaser Representative)
 
	_____________________________________________
	(Print
	Name of Purchaser Representative)
	_____________________________________________
	(Print
	Address of Purchaser Representative)
	_____________________________________________
	_____________________________________________
	(Print
	Telephone No. w/Area Code)