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Re: tosha post# 78486

Tuesday, 10/21/2008 2:22:06 AM

Tuesday, October 21, 2008 2:22:06 AM

Post# of 82105
The "Sib Almaz" group would have purchased the GBDX shell for about $500,000. A question for the SEC is what was the intent of "Sib Almaz" at the time of purchase. It looks like there was a plan to naked short sell the stock until such time as the company goes into default. "Sib Almaz" was potentially able to realize a significant profit on his original investment. I don't know the breakdown as to how much goes to "Sib Almaz" and how much to the Dodge group if there is a revocation.