OTCPK:GBGPF - Post by User
Comment by
VENManon Nov 20, 2017 9:52pm
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Post# 27000738
RE:RE:RE:RE:RE:Question
RE:RE:RE:RE:RE:QuestionHere's what gets me. CMED said when ACB put a Valuation on themselves of about $5.50 they overvalued themselves. ACB has $345m in cash and a Market cap of $2.2 Billion thats about 6 times their Cash. CMED had $54 million in cash and a Market Cap of $345 million so again thats about 6 times their cash. CMED said ACB was overvalued! What gets me is HIP has less than $1 million in Cash but lets say $1 million, and just to show that I can be a reasonable Guy lets include the $9.5 Million CMED is going to give as some sort of going away gift, Thats $10.5 Million in Cash at .50 cents a share HIP has a Market Cap of $195 Million, so thats 19 times their Cash after you give them $9.5million of your money! So how can CMED look ACB in the eye and say you're overvalued when you CMED go do a deal with a company trading at actually 194 times cash!, remember I was being nice when I said 19 times cash. Guys, It's just business! Your Wife, Kids and Family matter the most! ALL IMO!! DYODD !