UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13D

                    Under the Securities Exchange Act of 1934

                                (Amendment No. 3)

                               GLG Partners, Inc.
          -------------------------------------------------------------
                                (Name of Issuer)

                    Common Stock, par value $0.0001 per share
-------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                   37929X 107
            ---------------------------------------------------------
                                 (CUSIP Number)

                                 Pierre Lagrange
                             c/o GLG Partners, Inc.
                           399 Park Avenue, 38th Floor
                               New York, NY 10022
                      Attention: Alejandro San Miguel, Esq.
                     General Counsel and Corporate Secretary
                                 (212) 224-7200

                                 with a copy to:

                             Chadbourne & Parke LLP
                              30 Rockefeller Plaza
                               New York, NY 10112
                          Attention: Sey-Hyo Lee, Esq.
                                 (212) 408-5100
-------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive Notices and
                                Communications)

                                  May 15, 2009
-------------------------------------------------------------------------------
             (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 Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check
the following box. [ ]

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 (the "Act") or otherwise subject to the liabilities of that section of the
Act but shall be subject to all other provisions of the Act.



                                  SCHEDULE 13D

---------------------                                      --------------------
CUSIP No. 37929X 107                                        Page 2 of 12 Pages
--------- ---------------------------------------------------------------------
   1      NAMES OF REPORTING PERSONS
          I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
          Pierre Lagrange
--------- ---------------------------------------------------------------------
   2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*             (a)[ ]
                                                                        (b)[X]
--------- ---------------------------------------------------------------------
   3      SEC USE ONLY

--------- ---------------------------------------------------------------------
   4      SOURCE OF FUNDS
          OO
--------- ---------------------------------------------------------------------
   5      CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
          2(d) or 2(e)                                                     [ ]
--------- ---------------------------------------------------------------------
   6      CITIZENSHIP OR PLACE OF ORGANIZATION
          Belgium
--------- ---------------------------------------------------------------------
    NUMBER OF         7     SOLE VOTING POWER
                            -0-
      SHARES
                    ------- ---------------------------------------------------
   BENEFICIALLY       8     SHARED VOTING POWER
                            167,721,346 shares(1)(2) (See Item 5)
     OWNED BY
                    ------- ---------------------------------------------------
       EACH           9     SOLE DISPOSITIVE POWER
                            4,623 shares (See Item 5)
    REPORTING
                    ------- ---------------------------------------------------
      PERSON          10    SHARED DISPOSITIVE POWER
                            780,400 shares (See Item 5)
       WITH
--------- ---------------------------------------------------------------------
   11     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
          4,623 shares (See Item 5)
--------- ---------------------------------------------------------------------
   12     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
                                                                           [X]
--------- ---------------------------------------------------------------------
   13     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
          0.0% of outstanding shares of Common Stock(3) (See Item 5)
--------- ---------------------------------------------------------------------
   14     TYPE OF REPORTING PERSON
          IN
--------- ---------------------------------------------------------------------

(1)  Includes 390,200 shares and 390,200 warrants held by certain investment
     funds managed by GLG Partners LP, of which GLG Partners Limited is the
     general partner. Mr. Lagrange is a managing director of GLG Partners
     Limited and may be deemed to have beneficial ownership of these shares. Mr.
     Lagrange disclaims beneficial ownership of these shares.

(2)  Includes an aggregate of 166,940,946 shares held by the parties to the
     Voting Agreement dated as of June 22, 2007 described in Item 6. Mr.
     Lagrange may be deemed to have beneficial ownership of these shares. Mr.
     Lagrange disclaims beneficial ownership of these shares, except for the
     4,623 shares reported in row 11 and otherwise to the extent of his
     pecuniary interest therein.

(3)  Excludes as outstanding shares 58,904,993 shares of Common Stock into which
     all Exchangeable Securities are exchangeable and shares of Common Stock
     issuable upon conversion of the Company's 5.00% convertible subordinated
     notes due 2014 (the "Notes"). Including as outstanding shares 58,904,993
     shares of Common Stock into which all Exchangeable Securities are
     exchangeable, the percentage would be 0.0%.



                                  SCHEDULE 13D

---------------------                                      --------------------
CUSIP No. 37929X 107                                        Page 3 of 12 Pages
--------- ---------------------------------------------------------------------
   1      NAMES OF REPORTING PERSONS
          I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
          Lagrange GLG Trust
--------- ---------------------------------------------------------------------
   2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*             (a)[ ]
                                                                        (b)[X]
--------- ---------------------------------------------------------------------
   3      SEC USE ONLY

--------- ---------------------------------------------------------------------
   4      SOURCE OF FUNDS
          OO
--------- ---------------------------------------------------------------------
   5      CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
          2(d) or 2(e)                                                     [ ]
--------- ---------------------------------------------------------------------
   6      CITIZENSHIP OR PLACE OF ORGANIZATION
          Jersey, Channel Islands
--------- ---------------------------------------------------------------------
    NUMBER OF         7     SOLE VOTING POWER
                            -0-
      SHARES
                    ------- ---------------------------------------------------
   BENEFICIALLY       8     SHARED VOTING POWER
                            166,940,946 shares(1) (See Item 5)
     OWNED BY
                    ------- ---------------------------------------------------
       EACH           9     SOLE DISPOSITIVE POWER
                            62,932,628 shares (See Item 5)
    REPORTING
                    ------- ---------------------------------------------------
      PERSON          10    SHARED DISPOSITIVE POWER
                            -0-
       WITH
--------- ---------------------------------------------------------------------
   11     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
          62,932,628 shares (See Item 5)
--------- ---------------------------------------------------------------------
   12     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
                                                                           [X]
--------- ---------------------------------------------------------------------
   13     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
          25.1% of outstanding shares of Common Stock(2) (See Item 5)
--------- ---------------------------------------------------------------------
   14     TYPE OF REPORTING PERSON
          OO
--------- ---------------------------------------------------------------------

(1)  Represents an aggregate of 166,940,946 shares held by the parties to the
     Voting Agreement dated as of June 22, 2007 described in Item 6. The
     Lagrange GLG Trust may be deemed to have beneficial ownership of these
     shares. The Lagrange GLG Trust disclaims beneficial ownership of these
     shares, except for the 62,932,628 shares reported in row 11.

(2)  Excludes as outstanding shares 58,904,993 shares of Common Stock into which
     all Exchangeable Securities are exchangeable and includes as outstanding
     shares 4,032,258 shares of Common Stock issuable upon conversion of $15
     million aggregate principal amount of the Notes held by Point Pleasant
     Ventures Ltd., a wholly owned subsidiary of the Lagrange GLG Trust.
     Including as outstanding shares 58,904,993 shares of Common Stock into
     which all Exchangeable Securities are exchangeable and 4,032,258 shares of
     Common Stock issuable upon conversion of $15 million aggregate principal
     amount of the Notes held by Point Pleasant Ventures Ltd., the percentage
     would be 20.3%.



                                  SCHEDULE 13D

---------------------                                      --------------------
CUSIP No. 37929X 107                                        Page 4 of 12 Pages
--------- ---------------------------------------------------------------------
   1      NAMES OF REPORTING PERSONS
          I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
          G&S Trustees Limited
--------- ---------------------------------------------------------------------
   2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*             (a)[ ]
                                                                        (b)[X]
--------- ---------------------------------------------------------------------
   3      SEC USE ONLY

--------- ---------------------------------------------------------------------
   4      SOURCE OF FUNDS
          OO
--------- ---------------------------------------------------------------------
   5      CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
          2(d) or 2(e)                                                     [ ]
--------- ---------------------------------------------------------------------
   6      CITIZENSHIP OR PLACE OF ORGANIZATION
          Jersey, Channel Islands
--------- ---------------------------------------------------------------------
    NUMBER OF         7     SOLE VOTING POWER
                            -0-
      SHARES
                    ------- ---------------------------------------------------
   BENEFICIALLY       8     SHARED VOTING POWER
                            166,940,946 shares(1) (See Item 5)
     OWNED BY
                    ------- ---------------------------------------------------
       EACH           9     SOLE DISPOSITIVE POWER
                            62,932,628 shares (See Item 5)
    REPORTING
                    ------- ---------------------------------------------------
      PERSON          10    SHARED DISPOSITIVE POWER
                            -0-
       WITH
--------- ---------------------------------------------------------------------
   11     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
          62,932,628 shares (See Item 5)
--------- ---------------------------------------------------------------------
   12     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
                                                                           [X]
--------- ---------------------------------------------------------------------
   13     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
          25.1% of outstanding shares of Common Stock(2) (See Item 5)
--------- ---------------------------------------------------------------------
   14     TYPE OF REPORTING PERSON
          CO
--------- ---------------------------------------------------------------------

(1)  Represents an aggregate of 166,940,946 shares held by the parties to the
     Voting Agreement dated as of June 22, 2007 described in Item 6. G&S
     Trustees Limited, in its capacity as trustee of the Lagrange GLG Trust, may
     be deemed to have beneficial ownership of these shares. G&S Trustees
     Limited, in its capacity as trustee of the Lagrange GLG Trust and for
     itself, disclaims beneficial ownership of these shares, except for the
     62,932,628 shares reported in row 11.

(2)  Excludes as outstanding shares 58,904,993 shares of Common Stock into which
     all Exchangeable Securities are exchangeable and includes as outstanding
     shares 4,032,258 shares of Common Stock issuable upon conversion of $15
     million aggregate principal amount of the Notes held by Point Pleasant
     Ventures Ltd. Including as outstanding shares 58,904,993 shares of Common
     Stock into which all Exchangeable Securities are exchangeable and 4,032,258
     shares of Common Stock issuable upon conversion of $15 million aggregate
     principal amount of the Notes held by Point Pleasant Ventures Ltd., the
     percentage would be 20.3%.




                                  SCHEDULE 13D

---------------------                                      --------------------
CUSIP No. 37929X 107                                        Page 5 of 12 Pages
--------- ---------------------------------------------------------------------
   1      NAMES OF REPORTING PERSONS
          I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
          Point Pleasant Ventures Ltd.
--------- ---------------------------------------------------------------------
   2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*             (a)[ ]
                                                                        (b)[X]
--------- ---------------------------------------------------------------------
   3      SEC USE ONLY

--------- ---------------------------------------------------------------------
   4      SOURCE OF FUNDS
          OO
--------- ---------------------------------------------------------------------
   5      CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
          2(d) or 2(e)                                                     [ ]
--------- ---------------------------------------------------------------------
   6      CITIZENSHIP OR PLACE OF ORGANIZATION
          British Virgin Islands
--------- ---------------------------------------------------------------------
    NUMBER OF         7     SOLE VOTING POWER
                            -0-
      SHARES
                    ------- ---------------------------------------------------
   BENEFICIALLY       8     SHARED VOTING POWER
                            166,940,946 shares(1) (See Item 5)
     OWNED BY
                    ------- ---------------------------------------------------
       EACH           9     SOLE DISPOSITIVE POWER
                            62,932,628 shares (See Item 5)
    REPORTING
                    ------- ---------------------------------------------------
      PERSON          10    SHARED DISPOSITIVE POWER
                            -0-
       WITH
--------- ---------------------------------------------------------------------
   11     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
          62,932,628 shares (See Item 5)
--------- ---------------------------------------------------------------------
   12     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
                                                                           [X]
--------- ---------------------------------------------------------------------
   13     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
          25.1% of outstanding shares of Common Stock(2) (See Item 5)
--------- ---------------------------------------------------------------------
   14     TYPE OF REPORTING PERSON
          CO
--------- ---------------------------------------------------------------------

(1)  Represents an aggregate of 166,940,946 shares held by the parties to the
     Voting Agreement dated as of June 22, 2007 described in Item 6. Point
     Pleasant Ventures Ltd. may be deemed to have beneficial ownership of these
     shares. Point Pleasant Ventures Ltd. is wholly owned by G&S Trustees
     Limited, in its capacity as trustee of the Lagrange GLG Trust, and
     disclaims beneficial ownership of these shares, except for the 62,932,628
     shares reported in row 11.

(2)  Excludes as outstanding shares 58,904,993 shares of Common Stock into which
     all Exchangeable Securities are exchangeable and includes as outstanding
     shares 4,032,258 shares of Common Stock issuable upon conversion of $15
     million aggregate principal amount of the Notes held by Point Pleasant
     Ventures Ltd. Including as outstanding shares 58,904,993 shares of Common
     Stock into which all Exchangeable Securities are exchangeable and 4,032,258
     shares of Common Stock issuable upon conversion of $15 million aggregate
     principal amount of the Notes held by Point Pleasant Ventures Ltd., the
     percentage would be 20.3%.



CUSIP NO. 37929X 107              SCHEDULE 13D               Page 6 of 12 Pages


Item 1. Security and Issuer.

         This Amendment No. 3 ("Amendment No. 3") to the Schedule 13D dated
November 13, 2007, as amended to date (the "Schedule 13D"), jointly filed by
Pierre Lagrange, the Lagrange GLG Trust, G&S Trustees Limited, in its capacity
as trustee of the Lagrange GLG Trust (the "Lagrange Trustee") and Point Pleasant
Ventures Ltd. (each a "Reporting Person"), relates to shares of common stock,
par value $0.0001 per share (the "Common Stock"), of GLG Partners, Inc., (the
"Company"), and shares of Series A voting preferred stock, par value $0.0001 per
share, of the Company ("Series A Preferred Stock"), and Exchangeable Class B
ordinary shares of FA Sub 2 Limited, a British Virgin Islands company and a
subsidiary of the Company ("Exchangeable Shares"), and the Company's 5.00%
dollar-denominated convertible subordinated notes due May 15, 2014 (the
"Notes"), which are exchangeable for or convertible into shares of Common Stock.
The Series A Preferred Stock and the Exchangeable Shares are referred to
collectively as the "Exchangeable Securities". This Amendment No. 3 is being
filed to report the collective acquisition of $30 million aggregate principal
amount of the Notes by the Trustees through certain of their affiliates,
including the acquisition of $15 million aggregate principal amount of the Notes
by Point Pleasant Ventures Ltd., a wholly owned subsidiary of the Lagrange GLG
Trust, completed on May 15, 2009 as more fully described in Item 6 and to
reflect other changes in stock ownership since Amendment No. 2 to the Schedule
13D. Unless otherwise defined in this Amendment No. 3, capitalized terms have
the meanings set forth in the Schedule 13D.

         The Company's principal executive office is located at 399 Park Avenue,
38th Floor, New York, New York 10022.


Item 3. Source and Amount of Funds or Other Consideration.

         Item 3 is amended to include the following information:

         The $15 million aggregate principal amount of the Notes was purchased
by Point Pleasant Ventures Ltd. using available funds of the Lagrange GLG Trust
which were loaned to Point Pleasant Ventures Ltd.


Item 5. Interest in Securities of the Issuer.

         Item 5 is amended to include the following information:

         (a) As a result of the execution and delivery of the Voting Agreement,
each of the Reporting Persons may be deemed to have acquired beneficial
ownership of an aggregate of 166,940,946 shares (including Exchangeable
Securities exchangeable into 58,904,993 shares of Common Stock and 8,064,516
shares of Common Stock issuable upon conversion of $30 million aggregate
principal amount of the Notes), which are owned directly by the parties to the
Voting Agreement or over which the parties to the Voting Agreement have the
power to vote (the "Subject Shares"). These Subject Shares represent
approximately 53.2% of the outstanding shares of Common Stock (assuming the
exchange of all Exchangeable Securities into Common Stock and the conversion of
all $30 million aggregate principal amount of the Notes into



CUSIP NO. 37929X 107              SCHEDULE 13D               Page 7 of 12 Pages


Common Stock). The Reporting Persons expressly disclaim beneficial ownership of
securities held by any other person or entity party to the Voting Agreement.

         As of the date hereof, the Reporting Persons have the following
interests in Common Stock, Exchangeable Securities and Notes:

         Pierre Lagrange

                (i)     Amount beneficially owned: 4,623 shares

                (ii)    Percent of class: 0.0% of outstanding shares of Common
                        Stock(1)

                (iii)   Number of shares as to which such person has:

                        (a)     Sole power to vote or direct the vote: -0-

                        (b)     Shared power to vote or direct the vote:
                                167,721,346 shares (consisting of (1)
                                166,940,946 shares of voting stock (including
                                Exchangeable Securities which are exchangeable
                                for 58,904,993 shares of Common Stock and $30
                                million aggregate principal amount of the Notes,
                                which are convertible into 8,064,516 shares of
                                Common Stock) held by the parties to the Voting
                                Agreement and (2) 390,200 shares and 390,200
                                warrants held by certain investment funds
                                managed by GLG Partners LP)(2)(3)

                        (c)     Sole power to dispose or direct the disposition:
                                4,623 shares

                        (d)     Shared power to dispose or direct the
                                disposition: 780,400 shares (consisting of
                                390,200 shares and 390,200 warrants)(3)

         Lagrange GLG Trust

                (i)     Amount beneficially owned: 62,932,628 shares (consisting
                        of (1) 58,900,370 shares of Common Stock and (2) $15
                        million aggregate principal amount of the Notes, which
                        are convertible into 4,032,258 shares of Common Stock,
                        held by Point Pleasant Ventures Ltd.)

-------

(1)  Excludes as outstanding shares 58,904,993 shares of Common Stock into which
     all Exchangeable Securities are exchangeable and shares of Common Stock
     issuable upon conversion of the Notes. Including as outstanding shares
     58,904,993 shares of Common Stock into which all Exchangeable Securities
     are exchangeable, the percentage for Mr. Lagrange would be 0.0%.

(2)  The 166,940,946 shares are held by the parties to the Voting Agreement
     dated as of June 22, 2007 described in Item 6. Mr. Lagrange may be deemed
     to have beneficial ownership of these shares. Mr. Lagrange disclaims
     beneficial ownership of these shares, except for the 4,623 shares reported
     in (i) above and otherwise to the extent of his pecuniary interest therein.

(3)  The 390,200 shares and 390,200 warrants are held by certain investment
     funds managed by GLG Partners LP, of which GLG Partners Limited is the
     general partner. Mr. Lagrange is a managing director of GLG Partners
     Limited and may be deemed to have beneficial ownership of these shares. Mr.
     Lagrange disclaims beneficial ownership of these shares.



CUSIP NO. 37929X 107              SCHEDULE 13D               Page 8 of 12 Pages


                (ii)    Percent of class: 25.1% of outstanding shares of Common
                        Stock(4)

                (iii)   Number of shares as to which such person has:

                        (a)     Sole power to vote or direct the vote: -0-

                        (b)     Shared power to vote or direct the vote:
                                166,940,946 shares (consisting of 166,940,946
                                shares of voting stock (including (1)
                                Exchangeable Securities which are exchangeable
                                for 58,904,993 shares of Common Stock and (2)
                                $30 million aggregate principal amount of the
                                Notes, which are convertible into 8,064,516
                                shares of Common Stock) held by the parties to
                                the Voting Agreement)(5)

                        (c)     Sole power to dispose or direct the disposition:
                                62,932,628 shares (consisting of (1) 58,900,370
                                shares of Common Stock and (2) $15 million
                                aggregate principal amount of the Notes, which
                                are convertible into 4,032,258 shares of Common
                                Stock, held by Point Pleasant Ventures Ltd.)

                        (d)     Shared power to dispose or direct the
                                disposition: -0-

         G&S Trustees Limited

                (i)     Amount beneficially owned: 62,932,628 shares (consisting
                        of (1) 58,900,370 shares of Common Stock and (2) $15
                        million aggregate principal amount of the Notes, which
                        are convertible into 4,032,258 shares of Common Stock,
                        held by Point Pleasant Ventures Ltd.)

                (ii)    Percent of class: 25.1% of outstanding shares of Common
                        Stock(4)

                (iii)   Number of shares as to which such person has:

                        (a)     Sole power to vote or direct the vote: -0-

                        (b)     Shared power to vote or direct the vote:
                                166,940,946 shares (consisting of 166,940,946
                                shares of voting stock (including (1)
                                Exchangeable Securities which are exchangeable
                                for 58,904,993 shares of Common Stock and (2)
                                $30 million aggregate principal

-------

(4)  Excludes as outstanding shares 58,904,993 shares of Common Stock into which
     all Exchangeable Securities are exchangeable and includes as outstanding
     shares 4,032,258 shares of Common Stock issuable upon conversion of $15
     million aggregate principal amount of the Notes held by Point Pleasant
     Ventures Ltd. Including as outstanding shares 58,904,993 shares of Common
     Stock into which all Exchangeable Securities are exchangeable and 4,032,258
     shares of Common Stock issuable upon conversion of $15 million aggregate
     principal amount of the Notes held by Point Pleasant Ventures Ltd., the
     percentages for the Lagrange GLG Trust, the Lagrange Trustee and Point
     Pleasant Ventures Ltd. would be 20.3%.

(5)  The 166,940,946 shares are held by the parties to the Voting Agreement
     dated as of June 22, 2007 described in Item 6. The Lagrange GLG Trust may
     be deemed to have beneficial ownership of these shares. The Lagrange GLG
     Trust disclaims beneficial ownership of these shares, except for the
     62,932,628 shares reported in (i) above.



CUSIP NO. 37929X 107              SCHEDULE 13D               Page 9 of 12 Pages


                                amount of the Notes, which are convertible into
                                8,064,516 shares of Common Stock) held by the
                                parties to the Voting Agreement)(6)

                        (c)     Sole power to dispose or direct the disposition:
                                62,932,628 shares (consisting of (1) 58,900,370
                                shares of Common Stock and (2) $15 million
                                aggregate principal amount of the Notes, which
                                are convertible into 4,032,258 shares of Common
                                Stock, held by Point Pleasant Ventures Ltd.)

                        (d)     Shared power to dispose or direct the
                                disposition: -0-

         Point Pleasant Ventures Ltd.

                (i)     Amount beneficially owned: 62,932,628 shares (consisting
                        of (1) 58,900,370 shares of Common Stock and (2) $15
                        million aggregate principal amount of the Notes which
                        are convertible into 4,032,258 shares of Common Stock,
                        held by Point Pleasant Ventures Ltd.)

                (ii)    Percent of class: 25.1% of outstanding shares of Common
                        Stock(4)

                (iii)   Number of shares as to which such person has:

                        (a)     Sole power to vote or direct the vote: -0-

                        (b)     Shared power to vote or direct the vote:
                                166,940,946 shares (consisting of 166,940,946
                                shares of voting stock (including (1)
                                Exchangeable Securities which are exchangeable
                                for 58,904,993 shares of Common Stock and (2)
                                $30 million aggregate principal amount of the
                                Notes, which are convertible into 8,064,516
                                shares of Common Stock) held by the parties to
                                the Voting Agreement)(7)

                        (c)     Sole power to dispose or direct the disposition:
                                62,932,628 shares (consisting of (1) 58,900,370
                                shares of Common Stock and (2) $15 million
                                aggregate principal amount of the Notes, which
                                are convertible into 4,032,258 shares of Common
                                Stock, held by Point Pleasant Ventures Ltd.)

                        (d)     Shared power to dispose or direct the
                                disposition: -0-

Section (b) of Item 5 is supplemented as follows:

-------

(6)  The 166,940,946 shares are held by the parties to the Voting Agreement
     dated as of June 22, 2007 described in Item 6. G&S Trustees Limited, in its
     capacity as trustee of the Lagrange GLG Trust, may be deemed to have
     beneficial ownership of these shares. G&S Trustees Limited, in its capacity
     as trustee of the Lagrange GLG Trust and for itself, disclaims beneficial
     ownership of these shares, except for the 62,932,628 shares reported in (i)
     above.

(7)  The 166,940,946 shares are held by the parties to the Voting Agreement
     dated as of June 22, 2007 described in Item 6. Point Pleasant Ventures Ltd.
     may be deemed to have beneficial ownership of these shares. Point Pleasant
     Ventures Ltd. is wholly owned by the Lagrange GLG Trust and disclaims
     beneficial ownership of these shares, except for the 62,932,628 shares
     reported in (i) above.



CUSIP NO. 37929X 107              SCHEDULE 13D               Page 10 of 12 Pages


        o  On February 26, 2009, the securities held by the GLG Pleiade SICAV
           managed account, an account owned by a third-party client and in
           which none of GLG Partners LP (as investment manager for the managed
           account), GLG Partners Limited (as the general partner of GLG
           Partners LP) or the Principals (as Managing Directors of GLG Partners
           Limited) have any ownership or pecuniary interest, were sold pursuant
           to an instruction from the client to liquidate the managed account's
           holdings. Mr. Lagrange disclaims beneficial ownership of these
           securities and has no pecuniary interest therein, and this report
           shall not be deemed an admission that Mr. Lagrange is the beneficial
           owner of the securities for purposes of Section 13 or for any other
           purpose. The following units were sold, each unit consisting of one
           share of Common Stock and one warrant:

                o  560 units for $2.27 per unit.
                o  40 units for $2.29 per unit.
                o  2,500 units for $2.30 per unit.
                o  1,500 units for $2.34 per unit.
                o  2,000 units for $2.35 per unit.
                o  1,500 units for $2.40 per unit.

        o  On May 15, 2009, Point Pleasant Ventures Ltd. acquired $15 million
           aggregate principal amount of the Notes as more fully described in
           Item 6.


Item 6. Contracts, Arrangements, Understandings or Relationships with respect to
        Securities of the Issuer.

Item 6 is amended to include the following information:

         On May 15, 2009, the Company completed the sale of $214 million
aggregate principal amount of Notes pursuant to a Purchase Agreement with the
initial purchasers of the Notes named therein (the "Initial Purchasers"). The
Notes were issued pursuant to an Indenture, dated as of May 15, 2009, between
the Company and The Bank of New York Mellon, as trustee (the "Indenture").

         On May 15, 2009, the Trustees acquired collectively $30 million
aggregate principal amount of Notes from the Initial Purchasers as part of the
offering, through certain of their affiliates, including $15 million aggregate
principal amount acquired by Point Pleasant Ventures Ltd.

         The Company will pay 5.00% cash interest on the Notes semi-annually in
arrears on May 15 and November 15 of each year, beginning on November 15, 2009.
The Notes will mature on May 15, 2014.

         The Notes are convertible into shares of Common Stock, based on an
initial conversion rate, subject to adjustment, of 268.8172 shares per $1,000
principal amount of Notes (which represents an initial conversion price of
approximately $3.72 per share). Subject to the restrictions on ownership of the
Common Stock, holders may convert their Notes at any time on or prior to the
close of business on the business day immediately preceding the maturity date.



CUSIP NO. 37929X 107              SCHEDULE 13D               Page 11 of 12 Pages


Upon conversion, subject to certain exceptions, holders will not receive any
cash payment representing accrued and unpaid interest, including any additional
interest.

         Notwithstanding the foregoing conversion rights, if at any time after
May 15, 2012, the third anniversary of the original issuance date of the Notes,
the volume-weighted average price of the Common Stock exceeds 150% of the
conversion price on at least 20 of 30 consecutive trading days, the Company may
withdraw the conversion rights with prior notice.

         If certain designated events occur, holders of the Notes may require
the Company to repurchase all or a portion of their Notes for cash at a
repurchase price equal to 100% of the principal amount of the Notes to be
repurchased, plus any accrued and unpaid interest to, but excluding, the
repurchase date.

         The Notes are unsecured subordinated obligations and will be
subordinated in right of payment to all of the Company's existing and future
senior indebtedness, structurally subordinated to existing and future
indebtedness and other liabilities of the Company's subsidiaries and effectively
subordinated to the Company's secured debt to the extent of the value of the
security. The Notes are subordinated to the outstanding obligations under the
Company's senior secured credit facility.

         A copy of the Indenture (including the form of the Note) is filed
herewith as Exhibit 8 and incorporated herein by reference.

         The holders of at least 10% of the outstanding principal amount of the
Notes, under certain circumstances, have the right to request that the Company
prepare, file and cause to become effective a shelf registration for the resale
of the Notes and the shares of Common Stock issuable upon conversion of the
Notes.


Item 7. Material to be Filed as Exhibits.

The following document is filed as an exhibit:

Exhibit 8       Indenture for the Company's 5.00% Dollar-Denominated
                Convertible Subordinated Notes due May 15, 2014 dated as of May
                15, 2009 between the Company and The Bank of New York Mellon,
                as trustee, (including the Form of Note), filed as Exhibit 4.1
                to the Company's Current Report on Form 8-K dated May 18, 2009,
                is incorporated herein by reference.



CUSIP NO. 37929X 107              SCHEDULE 13D               Page 12 of 12 Pages


                                    SIGNATURE

         After reasonable inquiry and to the best of their knowledge and belief,
the undersigned hereby certify that the information set forth in this statement
is true, complete and correct.

Dated:  May 22, 2009


                                        /s/ Alejandro San Miguel
                                        ----------------------------------------
                                        Alejandro San Miguel
                                        Attorney-in-fact for Pierre Lagrange


                                        G&S Trustees Limited, in its capacity as
                                        trustee of the Lagrange GLG Trust

                                        By: /s/ Alejandro San Miguel
                                        ----------------------------------------
                                        Alejandro San Miguel
                                        Attorney-in-fact


                                        G&S Trustees Limited

                                        By: /s/ Alejandro San Miguel
                                        ----------------------------------------
                                        Alejandro San Miguel
                                        Attorney-in-fact


                                        Point Pleasant Ventures Ltd.

                                        By: /s/ Alejandro San Miguel
                                        ----------------------------------------
                                        Alejandro San Miguel
                                        Attorney-in-fact