-Halted-

On one website, the stock appears halted, but on another, there's an offer of 17,000 shares. Just how long the halt will last is anyone's guess, but it looks like it can be made to last until fall.

If the 'debt' referred to by the company is merely a semantic replacement for another series of forward - looking tax-advantaged schemes, providing gold under a contractual basis, then this is how the 'debt' makes sense, especially considering the pro-forma nature of years of filings. The company has no debt, and no capital requirement and has plenty of room to grow. I wonder if it has occurred to the trustee that they're being used.

But there is also what seems like some sort of shadow proxy battle over just who is a beneficial shareholder in the company.

This article from the McGill law journal is a good discussion on legal ramifications during a squeeze out:

http://lawjournal.mcgill.ca/userfiles/other/4160146-1224868704_Nicholls.pdf

GLTA

-F6