UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No.)*
FUSHI COPPERWELD, INC.
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(Name of Issuer)
COMMON STOCK, (PAR VALUE $0.006 Per Share)
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(Title of Class of Securities)
36113E107
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(CUSIP Number)
Gilbert H. Davis
Sims Moss Kline & Davis LLP
Three Ravinia Drive, Suite 1700
Atlanta, GA 30346
(770) 481-7205
(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)
NOVEMBER 5, 2010
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(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule
13G to report the acquisition that is the subject of this
Schedule 13D, and is filing this schedule because of 240.13d-
1(e), 240.13d-1(f) or 240.13d-1(g), check the following box [X].
Note: Schedules filed in paper format shall include a signed
original and five copies of the schedule, including all exhibits.
See Rule 240.13d-7 for other parties to whom copies are to be
sent.
*The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect to
the subject class of securities, and for any subsequent amendment
containing information which would alter disclosures provided in
a prior cover page.
The information required on the remainder of this cover page
shall not be deemed to be "filed" for the purpose of Section 18
of the Securities Exchange Act of 1934 ("Act") or otherwise
subject to the liabilities of that section of the Act but shall
be subject to all other provisions of the Act (however, see the
Notes).
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Page 1 of 12 Pages
SCHEDULE 13D
CUSIP No. 36113E107
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1 Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only).
Bay Resource Partners, L.P.
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2 Check the Appropriate Box if a Member of a Group (See
Instructions)
a. [ ]
b. [ ]
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3 SEC Use Only
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4 Source of Funds (See Instructions)
WC
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5 Check if Disclosure of Legal Proceedings Is Required
Pursuant to Items 2(d) or 2(e) [ ]
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6 Citizenship or Place of Organization
Delaware
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7 SOLE VOTING POWER
NUMBER OF None
SHARES
BENEFICIALLY ----------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 353,600
REPORTING
PERSON ----------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
None
----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
363,600
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11 Aggregate Amount Beneficially Owned by Each Reporting Person
353,600
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12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) [ ]
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13 Percent of Class Represented By Amount in Row (11)
0.9%
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14 Type of Reporting Person (See Instructions)
PN
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Page 2 of 12 Pages
SCHEDULE 13D
CUSIP No. 36113E107
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1 Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only).
Bay II Resource Partners, L.P.
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2 Check the Appropriate Box if a Member of a Group (See
Instructions)
a. [ ]
b. [ ]
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3 SEC Use Only
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4 Source of Funds (See Instructions)
WC
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5 Check if Disclosure of Legal Proceedings Is Required
Pursuant to Items 2(d) or 2(e) [ ]
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6 Citizenship or Place of Organization
Delaware
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7 SOLE VOTING POWER
NUMBER OF None
SHARES
BENEFICIALLY ----------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 899,400
REPORTING
PERSON ----------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
None
----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
899,400
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11 Aggregate Amount Beneficially Owned by Each Reporting Person
899,400
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12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) [ ]
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13 Percent of Class Represented By Amount in Row (11)
2.4%
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14 Type of Reporting Person (See Instructions)
PN
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Page 3 of 12 Pages
SCHEDULE 13D
CUSIP No. 36113E107
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1 Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only).
Bay Resource Partners Offshore Master Fund, L.P.
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2 Check the Appropriate Box if a Member of a Group (See
Instructions)
a. [ ]
b. [ ]
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3 SEC Use Only
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4 Source of Funds (See Instructions)
WC
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5 Check if Disclosure of Legal Proceedings Is Required
Pursuant to Items 2(d) or 2(e) [ ]
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6 Citizenship or Place of Organization
Delaware
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7 SOLE VOTING POWER
NUMBER OF None
SHARES
BENEFICIALLY ----------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 1,613,043
REPORTING
PERSON ----------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
None
----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
1,613,043
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11 Aggregate Amount Beneficially Owned by Each Reporting Person
1,613,043
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12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) [ ]
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13 Percent of Class Represented By Amount in Row (11)
4.3%
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14 Type of Reporting Person (See Instructions)
PN
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Page 4 of 12 Pages
SCHEDULE 13D
CUSIP No. 36113E107
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1 Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only).
GMT Capital Corp.
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2 Check the Appropriate Box if a Member of a Group (See
Instructions)
a. [ ]
b. [ ]
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3 SEC Use Only
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4 Source of Funds (See Instructions)
WC
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5 Check if Disclosure of Legal Proceedings Is Required
Pursuant to Items 2(d) or 2(e) [ ]
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6 Citizenship or Place of Organization
Delaware
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7 SOLE VOTING POWER
NUMBER OF None
SHARES
BENEFICIALLY ----------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 2,965,143
REPORTING
PERSON ----------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
None
----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,965,143
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11 Aggregate Amount Beneficially Owned by Each Reporting Person
2,965,143
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12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) [ ]
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13 Percent of Class Represented By Amount in Row (11)
7.9%
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14 Type of Reporting Person (See Instructions)
CO
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Page 5 of 12 Pages
SCHEDULE 13D
CUSIP No. 36113E107
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1 Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only).
Thomas E. Claugus
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2 Check the Appropriate Box if a Member of a Group (See
Instructions)
a. [ ]
b. [ ]
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3 SEC Use Only
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4 Source of Funds (See Instructions)
OO
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5 Check if Disclosure of Legal Proceedings Is Required
Pursuant to Items 2(d) or 2(e) [ ]
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6 Citizenship or Place of Organization
Delaware
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7 SOLE VOTING POWER
NUMBER OF 80,500
SHARES
BENEFICIALLY ----------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 2,965,143
REPORTING
PERSON ----------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
80,500
----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
2,965,143
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11 Aggregate Amount Beneficially Owned by Each Reporting Person
3,045,643
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12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) [ ]
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13 Percent of Class Represented By Amount in Row (11)
8.1%
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14 Type of Reporting Person (See Instructions)
IN
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Page 6 of 12 Pages
SCHEDULE 13D
CUSIP No. 36113E107
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Item 1. Security and Issuer
-------------------
This Statement relates to shares (the Shares) of common stock, par
value $0.006 per share (the Common Stock) of Fushi Copperweld, Inc.,
a Nevada corporation (the Issuer), which has its principal executive
offices at 1 Shuang Qiang Road, Jinzhou, Dalian, People's Republic
of China 116100.
Item 2. Identity and Background
-----------------------
(a) This statement is filed by:
(i) Bay Resource Partners, L.P. (Bay), with respect to
shares of Common Stock directly owned by it.
(ii) Bay II Resource Partners, L.P. (Bay II), with
respect to shares of Common Stock directly owned by it.
(iii) Bay Resource Partners Offshore Master Fund, L.P. (Offshore
Fund) with respect to shares of Common Stock directly
owned by it, as the successor to Bay Resource Partners
Offshore Fund, Ltd.
(iv) GMT Capital Corp. (GMT Capital) with respect to
shares of Common Stock beneficially owned by it.
(v) Thomas E. Claugus, (Mr. Claugus), with respect to the
shares of Common Stock directly owned by him and
directly owned by each of Bay, Bay II, and the
Offshore Fund and GMT Capital separate account
clients.
Each of the foregoing is referred to as a Reporting Person and
collectively as the Reporting Persons. Each of the Reporting
Persons is party to that certain Joint Filing Agreement, as further
described in Item 6. Accordingly, the Reporting Persons are hereby
filing a joint Schedule 13D.
(b) The address of the principal office of each of the Reporting
Persons is 2100 RiverEdge Parkway, Ste. 840, Atlanta, GA 30328. The
officers and controlling owners of GMT Capital and their
principal occupations and business addresses are set forth on
Schedule B and incorporated by reference in this Item 2.
(c) The principal business of GMT Capital is serving as a private
investment fund manager and acting as the general partner of Bay,
Bay II and the investment manager of the Offshore Fund. Bay, Bay II
and Offshore Fund have been formed for the purposes of making equity
investments in companies. Mr. Claugus is engaged in a private
investment management business.
Page 7 of 12 Pages
SCHEDULE 13D
CUSIP No. 36113E107
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(d) No Reporting Person, nor any person listed on Schedule B or Schedule
C, each annexed hereto, has, during the last five years, been
convicted in a criminal proceeding (excluding traffic violations or
similar misdemeanors)
(e) No Reporting Person, nor any person listed on Schedule B or Schedule
C, each annexed hereto, has, during the last five years, been a
party to a civil proceeding of a judicial or administrative body of
competent jurisdiction and as a result of such proceeding was or is
subject to a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject to,
federal or state securities laws, or finding any violation with
respect to such laws.
(f) Mr. Claugus is a citizen of the United States of America
Item 3. Source and Amount of Funds or Other Consideration
-------------------------------------------------
All of the Shares to which this Statement relates were purchased by
the Reporting Persons and were purchased with working capital in open
market purchases as more fully set forth in Schedule A, which is
incorporated by reference herein. The aggregate purchase cost of the
the 3,045,643 Shares reported hereunder was $26,413,902 (including
brokerage commissions).
In the event that the Reporting Persons purchase additional shares
of the Issuer Common Stock, it is currently contemplated that it will
use its working capital for such purchases. As of the date of
this Statement, no other arrangements with third parties have
been made with respect to financing the acquisition of additional
shares of Issuer Common Stock.
Item 4. Purpose of Transaction
----------------------
The Reporting Persons previously reported their beneficial ownership
of the Common Stock on a Schedule 13G filed October 8, 2010, as
amended by Amendment No. 1 thereto filed October 13, 2010 and
Amendment No. 2 thereto filed October 27, 2010. On November 3, 2010,
the Issuer announced a proposed going private transaction for $11.50
per share in cash (the Going Private Proposal). As a result of the
Going Private Proposal, the Reporting Persons may undertake actions
with the purpose or effect of changing or influencing control of the
Issuer, as determined appropriate under the circumstances and
consistent with the Reporting Persons investment purposes.
In pursuing such investment purposes, the Reporting Persons may
further purchase, hold, vote, trade, dispose or otherwise deal in
the Common Stock at times, and in such manner, as they deem advisable
to benefit from changes in market prices of such Common Stock, changes
in the Issuer's operations, business strategy or prospects, or
pursuant to the existing Going Private Proposal, such proposal as
modified or an alternative sale or merger of the Issuer.
To evaluate such alternatives, the Reporting Persons will routinely
Page 8 of 12 Pages
SCHEDULE 13D
CUSIP No. 36113E107
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monitor the Issuer's operations, prospects, business development,
management, competitive and strategic matters, capital structure,
and prevailing market conditions, as well as other investment
considerations. Consistent with its investment research methods
and evaluation criteria, the Reporting Persons may discuss such
matters with management or directors of the Issuer, other
shareholders, industry analysts, existing or potential strategic
partners or competitors, investment and financing professionals,
sources of credit and other investors. Such factors and discussions
may materially affect, and result in, the Reporting Persons' modifying
their ownership of Common Stock, exchanging information with the
Issuer pursuant to appropriate confidentiality or similar agreements,
proposing changes in the Issuer's operations, governance or
capitalization, pursuing a transaction which would result in Reporting
Persons acquisition of a controlling interest in the Issuer, or
pursuing one or more of the other actions described in subsections (a)
through (j) of Item 4 of Schedule 13D.
The Reporting Persons reserve the right to formulate other plans
and/or other proposals, and take such actions with respect to their
investment in the Issuer, including any or all of the actions set
forth in paragraphs (a) through (j) of Item 4 of Schedule 13D, or
acquire additional Common Stock or dispose of all the Common Stock
beneficially owned by them, in the public market or privately
negotiated transactions. The Reporting Persons may at any time
reconsider and change their plans or proposals relating to the
foregoing.
Item 5. Interest in Securities of the Issuer
------------------------------------
The aggregate percentage of Shares reported as owned by each
Reporting Person is based upon 37,779,839 Shares outstanding, as of
September 30, 2010, which is the total number of Shares outstanding
as reported in the Issuers Form 8-K filing, filed with the Securities
and Exchange Commission on November 2, 2010. This Statement is being
filed with respect to an aggregate of 3,045,643 Shares of Common
Stock, resulting in beneficial ownership of Common Stock as follows:
(A) Bay Resource Partners, L.P. (Bay)
(a) As of close of the close of business on November 4, 2010, Bay
directly and beneficially owned 353,600 Shares.
Percentage: Approximately 0.9%.
(b) 1. Sole power to vote or direct vote: None
2. Shared power to vote or direct vote: 353,600
3. Sole power to dispose or direct the disposition: None
4. Shared power to dispose or direct the disposition: 353,600
(c) The transactions in Shares by Bay during the past sixty days are
set forth on Schedule A and are incorporate herein by reference.
Page 9 of 12 Pages
SCHEDULE 13D
CUSIP No. 36113E107
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(B) Bay II Resource Partners, L.P. (Bay II)
(a) As of close of the close of business on November 4, 2010, Bay II
directly and beneficially owned 899,400 Shares.
Percentage: Approximately 2.4%.
(b) 1. Sole power to vote or direct vote: None
2. Shared power to vote or direct vote: 899,400
3. Sole power to dispose or direct the disposition: None
4. Shared power to dispose or direct the disposition: 899,400
(c) The transactions in Shares by Bay II during the past sixty days are
set forth on Schedule A and are incorporate herein by reference.
(C) Bay Resource Partners Offshore Master Fund, L.P. (Offshore Fund)
(a) As of close of the close of business on November 4, 2010, Offshore
Fund directly and beneficially owned 1,613,043 Shares.
Percentage: Approximately 4.3%.
(b) 1. Sole power to vote or direct vote: None
2. Shared power to vote or direct vote: 1,613,043
3. Sole power to dispose or direct the disposition: None
4. Shared power to dispose or direct the disposition: 1,613,043
(c) The transactions in Shares by Offshore Fund during the past sixty
days are set forth on Schedule A and are incorporate herein by
reference.
(D) GMT Capital Corp. (GMT Capital)
(a) GMT Capital, for itself and as the general partner of (i) Bay
and (ii) Bay II, and as the investment manager of Offshore Fund
and certain other accounts may be deemed the beneficial owner of
all of the Shares owned by each of Bay, Bay II, and the Offshore
Fund and GMT Capital separate account clients.
As of close of the close of business on November 4, 2010, GMT
Capital directly and beneficially owned 2,965,143 Shares.
Percentage: Approximately 7.9%.
(b) 1. Sole power to vote or direct vote: None
2. Shared power to vote or direct vote: 2,965,143
3. Sole power to dispose or direct the disposition: None
4. Shared power to dispose or direct the disposition: 2,965,143
(c) The transactions in Shares by GMT Capital during the past sixty
days are set forth on Schedule A and are incorporate herein by
reference.
Page 10 of 12 Pages
SCHEDULE 13D
CUSIP No. 36113E107
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(E) Thomas E. Claugus, (Mr. Claugus)
(a) Mr. Claugus, who serves as the President of GMT Capital, may be
deemed the beneficial owner of all of the Shares owned by each of
GMT Capital, Bay, Bay II, the Offshore Fund and shares held by Mr.
Claugus individually.
As of close of the close of business on November 4, 2010, Mr.
Claugus directly and beneficially owned 3,045,643 Shares.
Percentage: Approximately 8.1%.
(b) 1. Sole power to vote or direct vote: 80,500
2. Shared power to vote or direct vote: 2,965,143
3. Sole power to dispose or direct the disposition: 80,500
4. Shared power to dispose or direct the disposition: 2,965,143
(c) The transactions in Shares by Mr. Claugus individually during the
past sixty days are set forth on Schedule A and are incorporate
herein by reference.
(d) No person other than the Reporting Persons is known to have the
right to receive, or the power to direct the receipt of dividends
from, or proceeds from the sale of, any Shares.
Item 6. Contracts, Arrangements, Understandings or Relationships with
Respect to Securities of the Issuer
-----------------------------------
On November 5, 2010, the Reporting Persons entered into a Joint
Filing Agreement in which the Reporting Persons agreed to the
joint filing on behalf of each of them of statements on Schedule
13D, with respect to securities of the Issuer, to the extent
required by applicable law. A copy of this Agreement is attached
hereto as Exhibit 1 and is incorporated herein by reference.
Other than as described herein, the Reporting Persons filing this
Statement are not parties to any contract, arrangement,
understanding or relationships with any other person with respect
to securities of the Issuer, including but not limited to
transfer or voting of any of the securities, finder's fees,
joint ventures, loan or option arrangements, puts or calls,
guarantees of profits, division of profits or loss, or the giving
or withholding of proxies.
Item 7. Material to be Filed as Exhibits
--------------------------------
Exhibit
1: Joint Filing Agreement dated November 5, 2010, by and among Thomas
E. Claugus, for himself and as President of GMT Capital Corp.,
for itself and as the general partner of (i) Bay Resource Partners,
L.P., and (ii) Bay II Resource Partners, L.P., and as the
investment manager of (iii) Bay Resource Partners Offshore Master
Fund, L.P.
Page 11 of 12 Pages
SCHEDULE 13D
CUSIP No. 36113E107
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After reasonable inquiry and to the best of his knowledge and belief,
each of the undersigned certifies that the information set forth in this
Statement is true, complete and correct.
Dated: November 5, 2010
/s/ Thomas E. Claugus
--------------------------------
Thomas E. Claugus, for himself
and as President of GMT Capital
Corp., for itself and as the
general partner of (i) Bay
Resource Partners, L.P. and (ii)
Bay II Resource Partners, L.P.,
and as the investment manager
of (iii) Bay Resource Partners
Offshore Master Fund, L.P. and
(iv) certain other accounts.
Page 12 of 12 Pages
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Schedule A
----------
Transactions in the Shares During the Past 60 Days
--------------------------------------------------
BAY RESOURCE PARTNERS, L.P.
(Bay)
Date of No. Shares Price Per
Purchase Purchased/Sold Share
-------- ------------- ----------
08/31/2010 6,200 8.12
09/01/2010 10,100 8.26
09/01/2010 600 8.18
09/02/2010 2,300 8.21
09/07/2010 12,000 8.25
09/07/2010 1,900 8.23
09/07/2010 3,500 8.27
09/08/2010 10,900 8.17
09/13/2010 15,500 7.97
09/14/2010 12,800 7.96
09/20/2010 4,800 8.03
09/21/2010 2,600 8.28
09/21/2010 2,600 8.30
09/21/2010 10,400 8.26
09/22/2010 6,900 8.16
09/23/2010 3,900 8.17
09/24/2010 400 8.21
Page A-1
CUSIP No. 36113E107
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09/27/2010 5,600 8.52
09/28/2010 6,400 8.52
09/29/2010 1,700 8.74
09/30/2010 5,000 8.68
10/01/2010 7,200 8.72
10/04/2010 4,500 8.91
10/04/2010 2,800 8.89
10/05/2010 5,600 9.10
10/05/2010 1,400 9.18
10/06/2010 5,400 9.17
10/07/2010 6,600 9.13
10/11/2010 31,000 9.53
10/12/2010 2,000 9.48
10/13/2010 3,100 9.78
10/14/2010 5,900 9.69
10/18/2010 11,000 9.90
10/19/2010 12,100 9.75
10/25/2010 20,500 10.09
10/26/2010 2,600 10.02
11/01/2010 15,300 9.62
11/02/2010 5,700 9.38
11/04/2010 10,500 10.58
The above transactions were open market purchases effected by
Bay on the NASDAQ National Market System.
BAY II RESOURCE PARTNERS, L.P.
(Bay II)
08/31/2010 21,500 8.12
09/01/2010 35,300 8.26
09/01/2010 2,300 8.18
09/02/2010 8,000 8.21
09/07/2010 41,900 8.25
09/07/2010 6,500 8.23
09/07/2010 12,200 8.27
09/08/2010 38,200 8.17
09/13/2010 54,000 7.97
09/14/2010 44,800 7.96
09/20/2010 16,900 8.03
09/21/2010 9,100 8.28
09/21/2010 9,100 8.30
09/21/2010 36,500 8.26
09/22/2010 24,200 8.16
09/23/2010 13,300 8.17
09/24/2010 1,500 8.21
09/27/2010 19,600 8.52
09/28/2010 22,500 8.52
09/29/2010 6,100 8.74
09/30/2010 17,500 8.68
10/01/2010 25,000 8.72
10/04/2010 5,300 8.91
10/04/2010 3,300 8.89
10/05/2010 6,600 9.10
Page A-2
CUSIP No. 36113E107
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10/05/2010 1,600 9.18
10/06/2010 6,500 9.17
10/07/2010 8,000 9.13
10/11/2010 36,900 9.53
10/12/2010 2,400 9.48
10/13/2010 3,700 9.78
10/14/2010 7,000 9.69
10/18/2010 13,100 9.90
10/19/2010 14,400 9.75
10/25/2010 24,400 10.09
10/26/2010 3,100 10.02
11/01/2010 18,200 9.62
11/02/2010 6,800 9.38
11/04/2010 12,500 10.58
The above transactions were open market purchases effected by
Bay II on the NASDAQ National Market System.
BAY RESOURCE PARTNERS OFFSHORE MASTER FUND, L.P.
(Offshore Fund)
08/31/2010 27,205 8.12
09/01/2010 44,569 8.26
09/01/2010 2,908 8.18
09/02/2010 10,142 8.21
09/07/2010 53,100 8.25
09/07/2010 8,100 8.23
09/07/2010 15,323 8.27
09/08/2010 48,477 8.17
09/13/2010 68,442 7.97
09/14/2010 56,558 7.96
09/20/2010 21,461 8.03
09/21/2010 11,600 8.28
09/21/2010 11,600 8.30
09/21/2010 46,200 8.26
09/22/2010 30,500 8.16
09/23/2010 16,755 8.17
09/24/2010 1,884 8.21
09/27/2010 24,900 8.52
09/28/2010 28,420 8.52
09/29/2010 7,750 8.74
09/30/2010 22,040 8.68
10/01/2010 31,559 8.72
10/04/2010 21,300 8.91
10/04/2010 13,100 8.89
10/05/2010 26,500 9.10
10/05/2010 6,600 9.18
10/06/2010 25,721 9.17
10/07/2010 31,779 9.13
10/11/2010 147,346 9.53
10/12/2010 9,800 9.48
10/13/2010 14,843 9.78
10/14/2010 28,011 9.69
Page A-3
CUSIP No. 36113E107
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10/18/2010 52,400 9.90
10/19/2010 57,600 9.75
10/25/2010 97,493 10.09
10/26/2010 12,507 10.02
11/01/2010 72,627 9.62
11/02/2010 27,373 9.38
11/04/2010 50,000 10.58
The above transactions were open market purchases effected by
the Offshore Fund on the NASDAQ National Market System.
GMT CAPITAL CORP.
(GMT)
08/31/2010 2,100 8.12
09/01/2010 3,600 8.26
09/01/2010 200 8.18
09/02/2010 800 8.21
09/07/2010 4,200 8.25
09/07/2010 700 8.23
09/07/2010 1,200 8.27
09/08/2010 3,800 8.17
09/13/2010 5,400 7.97
09/14/2010 4,500 7.96
09/20/2010 1,700 8.03
09/21/2010 900 8.28
09/21/2010 900 8.30
09/21/2010 3,700 8.26
09/22/2010 2,400 8.16
09/23/2010 1,400 8.17
09/24/2010 100 8.21
09/27/2010 2,000 8.52
09/28/2010 2,200 8.52
09/29/2010 600 8.74
09/30/2010 1,800 8.68
10/01/2010 2,500 8.72
10/04/2010 800 8.91
10/04/2010 500 8.89
10/05/2010 1,000 9.10
10/05/2010 200 9.18
10/06/2010 900 9.17
10/07/2010 1,200 9.13
10/11/2010 5,600 9.53
10/12/2010 400 9.48
10/13/2010 600 9.78
10/14/2010 1,000 9.69
10/18/2010 2,000 9.90
10/19/2010 2,200 9.75
10/25/2010 3,700 10.09
10/26/2010 500 10.02
11/01/2010 2,800 9.62
11/02/2010 1,000 9.38
11/04/2010 1,900 10.58
Page A-4
CUSIP No. 36113E107
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The above transactions were open market purchases effected by GMT
on the NASDAQ National Market System.
THOMAS E. CLAUGUS
(CLAUGUS)
08/31/2010 1,900 8.12
09/01/2010 3,200 8.26
09/01/2010 200 8.18
09/02/2010 700 8.21
09/07/2010 3,700 8.25
09/07/2010 600 8.23
09/07/2010 1,100 8.27
09/08/2010 3,400 8.17
09/13/2010 4,800 7.97
09/14/2010 4,000 7.96
09/20/2010 1,500 8.03
09/21/2010 800 8.28
09/21/2010 800 8.30
09/21/2010 3,200 8.26
09/22/2010 2,200 8.16
09/23/2010 1,200 8.17
09/24/2010 100 8.21
09/27/2010 1,700 8.52
09/28/2010 2,000 8.52
09/29/2010 500 8.74
09/30/2010 1,600 8.68
10/01/2010 2,300 8.72
10/04/2010 500 8.91
10/04/2010 300 8.89
10/05/2010 600 9.10
10/05/2010 200 9.18
10/06/2010 600 9.17
10/07/2010 700 9.13
10/11/2010 3,400 9.53
10/12/2010 200 9.48
10/13/2010 300 9.78
10/14/2010 700 9.69
10/18/2010 1,200 9.90
10/19/2010 1,300 9.75
10/25/2010 2,200 10.09
10/26/2010 300 10.02
11/01/2010 1,700 9.62
11/02/2010 600 9.38
11/04/2010 1,200 10.58
The above transactions were open market purchases effected by
Mr. Claugus on the NASDAQ National Market System.
Page A-5
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Schedule B
----------
Officers and Majority Owners of GMT Capital Corp.
Name and Principal Principal
Position Occupation Business Address Citizenship
- -------- ---------- ---------------- -----------
Thomas E. Investment 2100 RiverEdge Pkwy United States
Claugus Management Suite 840
President Atlanta, GA 30328
Majority Owner
(98%)
George E. 2100 RiverEdge Pkwy United States
Case, III Investment Suite 840
VP, General Mgr. Management Atlanta, GA 30328
Page B-1
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