The stock was sold into the market before June 2008, the buyers were the new crew and others, to gain control.
It is the responsibility of the sellers to release notices to the company that they are no longer a substantial holders, not the company it self.
It has come to the attention of GPN and this is why they have notified the ASX to the fact that the old crew are no longer substantial shareholders.
Around 1/11/2007, the old crew sold 9,632,135 shares and continued to sell up until June 2008. See GPN reports.
GPN
greater pacific gold limited
