Home > Insider Trading > Filing (0001144204-12-028005)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1413754	Gbs Enterprises Inc	GBSX	Wholesale-Furniture & Home Furnishings (5020)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1543986	Rainer Markus Ernst	585 Molly Lane Woodstock GA 30189	Chief Financial Officer	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2012-05-10	30,000	$0.00	30,000	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Common Stock Warrants (right to buy)	Acquisiton	2012-05-10	30,000	$0.00	30,000	$1.50

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
30,000	2012-05-10	2015-05-10	No	4	P	Direct

Footnotes

The reported securities are included within 30,000 Units purchased by the Reporting Person from the Issuer on May 10, 2012 for $1.50 per Unit under Section 4(2) of the Securities Act of 1933, as amended. Each Unit consisted of one share of Common Stock and one Warrant to purchase one share of Common Stock from the date of issuance until the third anniversary date of the date of issuance for $1.50 per share, subject to adjustment in the event of any stock split, stock dividend, recapitalization, reorganization, reclassification or otherwise.