. ▁ ▁On ▁ 2 3 ▁October ▁ 2 0 1 5 , ▁trad ing ▁in ▁Glo bo ▁shares ▁was ▁susp ended . ▁On ▁ 2 6 ▁October , ▁CE O ▁Konst ant inos ▁Pap ad imit rak op oul os ▁and ▁C FO ▁Dim it ris ▁G ry par is ▁res igned , ▁having ▁informed ▁the ▁board ▁of ▁direct ors ▁about ▁" certain ▁matters ▁regarding ▁the ▁f als ification ▁of ▁data ▁and ▁mis re presentation ▁of ▁the ▁company ' s ▁financial ▁situation ". ▁Glo bo ▁stated ▁that ▁they ▁would ▁appoint ▁an ▁independent ▁for ens ic ▁account ing ▁team ▁to ▁investigate ▁alleg ations ▁raised ▁by ▁Quint ess ential ▁Capital ▁Management , ▁an ▁American ▁h edge ▁fund . ▁On ▁ 2 2 ▁October , ▁Pap ad imit rak op oul os ▁sold ▁ 4 2 ▁million ▁shares . ▁Zero ▁H edge ▁noted ▁that ▁these ▁events ▁showed ▁that ▁" the ▁company ▁was ▁a ▁pure ▁fra ud ▁as ▁so ▁many ▁short ▁sell ers ▁had ▁claimed ▁in ▁the ▁past ". ▁ ▁Indust ry ▁Rec ogn ition ▁ ▁For ▁its ▁E MM ▁product ▁line , ▁the ▁company ▁was ▁recognized ▁as ▁a ▁N iche ▁player ▁in ▁G art ner ’ s ▁first ▁Magic ▁Qu adr ant ▁report ▁for ▁E MM ▁in ▁ 2 0 1 4 ▁& ▁ 2 0 1 5 ▁as ▁well ▁as ▁in ▁O v um ’ s ▁ 2 0 1 4 - 2 0 1 5 ▁Dec ision ▁Matrix ▁report ▁for ▁E MM . ▁ ▁For ▁its ▁M AD P ▁product ▁line , ▁the