something wrong with this stock, page-3

The problem with this stock it appears that GBE recently issued 20m shares at 26 cents to some dodgy customers.

6 million shares where placed with TPG-Axon Capital Management. TPG-Axon Capital Management is a $9.7 billion hedge fund run by the former Goldman Sachs partner Dinakar Singh.

TPG needed to sell another 600 shares to cease being a substantial holder. They have not issued a notice yet.

It appears there are other dodgy sellers apart from TPG.

The following is total sales compared to TPG sales:

19/10 .....643,000
20/10 .....883,000
21/10 .....374,000
22/10 .....1,465,000
23/10 .....1,008,000
26/10 .....151,000
27/10 .....681,000
28/10 ....240,000
30/10 ..... 80,000
02/11 .....271,000