Gib Cap Group Inc (GIBX)

[xZx]

government granted rights. from the 10K:

Significant Debt Reduction. As a result of the decision to focus on digital
media and co-publishing, we were able to renegotiate our financial commitment to
Xinhua C&D and eliminate the requirement to invest a further $16,700,000 into
Xinhua C&D. As of May 31, 2006, we reduced our ownership interest in Xinhua C&D
to 7.98%. The reduction in ownership does not, however, reduce our government
granted rights to undertake the projected lucrative business of distribution of
publications. Xinhua C&D will remain focused on traditional distribution
services for Chinese book publishers throughout China, and is expected to
provide procurement services for our online e-commerce initiative. In other
words, we still have the electronic distribution rights.

note the underlined part. what are the government granted rights? perhaps this is why we're seeing so much accumulation at these levels. jmho.

http://www.sec.gov/Archives/edgar/data/1104904/000109230608000740/xinhuaform10ksb.txt