I would guess that they did not get the shares back, because in the latest 10K still shows that 4.32M share stock issuance for GLP on its books. It also still shows Rick Williamson as holding 4.23M shares.
What does anyone know about this Rick Williamson character? He owns 7.47% of CBQI, which he appears to have earned as a result of a deal for which he served a matter of weeks as CBQI's Chairman, CEO, and President. CBQ appears to have gotten virtually nothing for his services. I can't determine whether it still owns its 19% of Global Logistics Partners, LLP. I have done some Internet searches to try to track down the existence of Global Logistics Partners, and have come up dry.