The shares in FNRP were given as a dividend - not a swap. Yes, it has already taken place. GXXL shares were retained by the shareholders. It was a shell only company after the dividend was given. It has sence been bought. The price of GXXL reflects the value now of the new company. FNRP sells from 0.30 to 2.00 = with very low volume now. Most shares that people have in FNRP are restriced. Look at the board for FNRP (started by me). I have posted some old price volume for FNRP there.