OTCPK:GBGPF - Post by User
Comment by
VENManon Nov 25, 2017 11:16pm
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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!