what tender? are you aware of any tender offer? it has not been publicized any where. in fact the company was taken over without any tender offer in sept 2007. (well really before that because the board was announced to be controlled by sib almaz in july 2007 or earlier but they didnt announce the takeover until sept 2007). all of the company shares are being used for sales. after they sell alot, they need more shares to make more money. and they need more shares to keep their 51% control of the company. plain and simple.
By the way, why is the share structure hidden, the audit is hidden, the company operations are halted? I guess I can see why GBDX folded in the 1980s- they don't have their act together.
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