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Re: thelonghaul post# 78723

Monday, 11/10/2008 10:34:56 PM

Monday, November 10, 2008 10:34:56 PM

Post# of 82105
You may try using another brokerage firm if that works for you. A reverse merger would probably eliminate the need for a relisting. In that scenario GBDX would not need to reduce the shares more than 10:1. A listing on the Johannesburg stock exchange (JSE) is possible. A listing as a non listed company. Much like the pink sheets in the U.S. This requires further study. The more likely situation is a private black owned company trading their assets for a controlling interest in GBDX. Renaming the company and relisting on the pink sheets. This would require financial statements. We may get lucky and have a company listed on the JSE taking control of GBDX via a stock swap. These are all win win situations for the GBDX shareholders. I hold to the opinion that GBDX has a small float and huge naked short position.