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GB Group Ord Shs GBGPF

GB Group plc is a United Kingdom-based company, which provides identity data intelligence products and services helping organizations recognize and verify all elements of an individual's identity at key interactions in their business processes. The Company's segments include location, identity and fraud. The location segment includes address lookup, verification and capture; e-mail validation; phone verification, and data maintenance services. The identity segment includes document verification, data verification and identity investigation services. Its identity verification solutions can be configured to carry out a wide range of functions, including know your customer checks, anti-money laundering checks, age verification checks and liveness detection. The fraud segment includes transaction fraud monitoring, combating origination fraud and in-life fraud investigation services. It provides artificial intelligence powered screening for automatic onboarding or referral of customers.


OTCPK:GBGPF - Post by User

Comment by VENManon Nov 25, 2017 11:16pm
65 Views
Post# 27032460

RE:RE:RE:RE:RE:RE:RE:RE:Based on current....

RE:RE:RE:RE:RE:RE:RE:RE:Based on current....
I don't disagree with you at all. CMED is not without blame in this mess either, but I think you may have answered your own question above. If ACB approached CMED at a time when they were in advanced discussions to acquire HIP, it is only logical that CMED would not want to entertain any discussions until such a time as they had concluded their discussions with HIP. I have heard rumours as well though that CMED management refused to engage with CGC and APH when they were interested earlier in the year, so who knows. It's unacceptable for any management to outright stonewall any acquisition attempts. I think the writing is on the wall, though, for CMED to be gone one way or another at some point soon.


I think CMED was not in advanced discussions to acquire HIP at all. It was only after ACB approched CMED on Nov 6 and perhaps early by CGC and APH that CMED reached out to HIP on Nov 7. CMED should have first concluded their discussions with ACB and even perhaps CGC and APH earlier on; before starting discussion with HIP. I think when Shareholders saw that CGC, APH and finally ACB received no respect and then CMED called HIP, they threw in the towel and locked-in with ACB. I really don't know what happened but this is how I think it may have went down. It makes the most sense to me. ALL IMO!  
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