OTCPK:GBGPF - Post by User
Comment by
VENManon Nov 21, 2017 9:27pm
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Post# 27008289
RE:RE:RE:RE:RE:Current Book Value
RE:RE:RE:RE:RE:Current Book Value Ya and ACB also has an astounding 36,079,100 short volume right now! That is 9% of total shares issued, which is by far the biggest short going in the MJ sector right now. That's how you know it's overvalued and over diluted. When ACB falls (only a matter of time and shold happen by December) it should return to around the 3.25-3.50 level. I will be a buyer at that point...but definitely not over 4$ lol. Dyodd people, don't buy a story, buy proof of sales. They still aren't cash flow positive.
From the ACB News Release, the date in which the conditions have been satisfied will determine the number of shares CMED will get of ACB based on the 20 day Volume Weighted Average Price of ACB, with a price Cap at $24. So I hope CMED will sit at the table with ACB if it's not to late and get us at least a better share ratio if ACB's price does go down in Dec or there could be a sell off in CMED shares. So if ACB goes down to $4 and the most CMED will get is 4.53 shares of ACB that would be $18.12 a CMED share. There is nothing in this offer to account for ACB share price going down. I'm sure the people on the Board are also shareholders and this should worry them you would think. ALL IMO! DYODD