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Bullboard - Stock Discussion Forum 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... see more

OTCPK:GBGPF - Post Discussion

GB Group Ord Shs > MANAGEMENT LAWSUIT
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Post by Valuewalk on Nov 29, 2017 5:07pm

MANAGEMENT LAWSUIT

I have a lot of shares now and will be voting against the horrific and desperate  newstrike deal, and in favour of the ACb deal. You have to be insane or ignorant to do anything different.

If management screws this up, I will contact the institutional holders about filing a lawsuit against CMED management for acting contrary to shareholder interest and for purey their own benefit.

They better wake up and stop hiding from ACB like little girls.
Comment by mike444 on Nov 29, 2017 6:50pm
I agree, seems to me they are just trying to protect the upper managements interests here and not the shareholders in general, rights offering if triggered plummet the stock price usually to discounted price, also need more money to buy the rights offerring which many dont have. I would have liked a better deal from ACB though like cash offer 24 or a certain FIXED amount of ACB shares like the ...more  
Comment by 420rush on Nov 29, 2017 7:23pm
anyone that holds alot of shares should be calling acb the quicker they get 66% of the vote quicker it goes threw
Comment by NEWBIE65 on Nov 30, 2017 12:03pm
I only have a small amount. 100 shares  Very small and have no idea how to vote. Do I even count?
Comment by Extalliones on Nov 30, 2017 1:58pm
Yes, you count.  Management will be sending around a circular sometime in January.  You will be able to sign the documents provided and mail them back in order to vote by Proxy.  Every vote counts, especially in a situation where 38% of the shares are locked up.  By not voting your shares, you would be effectively voting in favour of the ACB deal (because if not enough people ...more  
Comment by BRANDO77 on Nov 30, 2017 2:24pm
Im sure there is many who have combined interest in both Cmed and ACB like myself who will be voting in favour for this merge... we will then become a powerhouse! Sounds like a good time to lock up a few more shares of cmed at the current SP.
Comment by Valfromvan on Nov 30, 2017 2:38pm
i am one of them! i will vote for it!
Comment by BRANDO77 on Nov 30, 2017 2:42pm
how could you not vote for it.....right?!   Its a winnig situation for all.  We are all in this to make money are we not?
Comment by BRANDO77 on Nov 30, 2017 2:43pm
how could you not vote for it.....right?!@ @Its a winnig situation for all.@ We are all in this to make money are we not?  Just sucks we have to wait for January to vote.  I say lets do it now...lol
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