In case no one understands what they are trying to do - this is it

1.Borrow your shares of a company listed on GLBSE, pay you x% to borrow them.

2.Sell your security, pocket the money

3.They are going to trash talk the hell out of any security they get a hold of, say it is going to 0.

4.Buy it back at close to 0

5.Give you back your now worthless stock plus your x%

In a regulated market this is securities fraud, but rarely if ever gets caught.

It happens every day in Yahoo finance, if you have never seen it just go look around Yahoo finance for 5 minutes.

Google "highest short percentage nasdaq" , go to yahoo and camp out.  It also works when the short get caught and the stock goes up- the shorts panic and start trash talking non stop.

This should get locked - I am new here but one stock exchange trying to short securities on another exchange is

SECURITIES FRAUD

Don't be a dumb ass- oh and I have no stock on GLBSE as of this post, so I have no reason to care