Did ACB miss the boat here???I wonder how much the first right of refusal by Rob Anderson on any sale by ACB may have ACB reconsidering an additional investment in TGOD.
If you had a half a billion dollar investment in TGOD and a 3rd party had some significant control over your investment then maybe ACB was not comfortable here (I could think of half a billion reasons. LOL). In truth, Rob as the initial promoter of the company means that the company is in safe hands as he can hand the 20% to whoever acts in the best interests of its shareholders.
I dont see Rob purchasing the 20% by himself which is probably over his credit card limit ... however, being in a position to facilitate this transfer to a 3rd party of choice means that Rob is king pin in a bidding war or who ultimately who gets the prize. I would trust Rob over other alternatives... long live his legacy!!
The other reason is that TGOD has grown much faster and larger than anticipated in a very short period and frankly, we are too expensive for ACB. Its just like I try to balance the budget in our family and no matter how much you bring in, it always seems that the expenditures always means your personal budget is very tight.
Just thoughts to ponder...