13G Filing: GRM Investments Ltd. Takes Big Scorpio Bulkers Inc. (SALT) Position

ITEM 1.

(a)

Name of Issuer:

(b)

Address of Issuer’s Principal Executive Offices:

9, Boulevard Charles III

MC, O9 98000

ITEM 2.

(a)

Name of Person Filing:

(b)

Address of Principal Business Office, or if None, Residence:

#300 – 550 Robson Street

Vancouver, BC

Canada V6B 2B7

(c)

Citizenship:

British Columbia, Canada

(d)

Title of Class of Securities:

Common Stock

(e)

CUSIP Number:

Y7546A122

ITEM 3.

IF THIS STATEMENT IS FILED PURSUANT TO §240.13D-1(B) OR 240.13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A:

(a)

[__]  Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o)

(b)

[__]  Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c)

(c)

[__]  Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c)

(d)

[__]  Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8)

(e)

[__]  An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E)

(f)

[__]  An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

(g)

[__]  A Parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);

(h)

[__]  A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813)

(i)

[__]  A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3)

(j)

[__]  A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J);

If this statement is filed pursuant to Rule 13d-1(c), check this box ☒

ITEM 4.

OWNERSHIP

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.