OTCPK:GBGPF - Post by User
Comment by
MartialArtson Jan 21, 2018 8:59pm
143 Views
Post# 27405453
RE:RE:"ACB owns 700600 CMED shares ...- That is 2.867%"
RE:RE:"ACB owns 700600 CMED shares ...- That is 2.867%"Owners on record as of November could still vote with their proxy number. New owners such as ACB could not.
The proxy votes ended January 19th. Large holders registered directly (not via brokers) can vote as they are registered directly with the company on the meeting date Thursday.
If there is a friendly merger, Management will lobby for approval and explain the reasoning. If the hostile "coup" is still the mode of operation, management will explain why giving away shares at $24 simply does not make sense considering the sector wide appreciation seen in the last three months and core milestones:
1. Large alcohol companies starting to buy up marijuana stocks and company stakes. That's the next battleground.
2. Large banks providing legitimacy to marijuana as evidenced by the BMO oversubscribed Canopy Offering.
3. Greater awareness of the huge world market potential of recreational marijuana and Canada's lead in this sector coupled with Canada's cheap renewal sources of electricity to power all the grow lights in environmental controlled growing facilities.
This is just the beginning. I used to think I was a late investor but in reality I'm at the start of the S curve.