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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

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GB Group Ord Shs > I voted No to hip merger! Will get x2 ACB shares =$48 soon?

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Post by Badtrader2008 on Jan 18, 2018 8:37am

I voted No to hip merger! Will get x2 ACB shares =$48 soon?

I voted NO to hip merger because they are company that currently has no revenue and big bills to cover their expansion.....which means we at CMED would have to put up the bill for the

Is until legalization kicks in.....this would effective our Share price negatively......not to mention we will be spending more than 9million trying to to sue ACB for them not doing anything wrong...so my personal opinion is that we would get bout 2 shares of ACB. Within a few short weeks of aquireing us Their/our shre price would quickly jump to 24 and beyond....so that would be a premium and we would be basically getting $48 per CMed share within a few weeks.
Plus they have all sorts of liquid assets and have bought into many sector companies plus are a market leader in Europe and Australia... To me this is a no brainier to vote for ACB.

I certainly don't look at this transaction as being taken over but becoming a partner and haveing the means to take on Canopy........with HIP we don't have that advantage and will always be. Bridesmaids in the cannabis market.

Our CEO should have embraced this deal in the beginning and took advantage of it right away as we would have 4.5 Acb shares but he didn't and this cost us....he should have also been able to negotiate a key position for himself in the new company and become an asset but he chose a different path which I also wonder why CMed went public but am thankful it did as I have made some money on this backwards thinking company.

Think about it? Then change your vote for ACB

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Comment by thorgb1 on Jan 18, 2018 8:52am

Probably the most fitting user name. So let's get straight. ACB will have about 600M shares issued if they manage to takeover CMED, and you think they will go up to $24 in short order after that happened, meaning ACB will have a market cap of around $14B, or almost 3X WEED and 4X their current value??? Get real. Also, there was no firm offer of 4.5 shares ever made, so you are mislead or a ...more

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Comment by Sevam123 on Jan 18, 2018 9:01am

Bad idea. The whole hostile bid situation was a black hat operation inside and out. Who wants to be in bed with black hats. Eventually it ends badly. Take the hiigh road. Takes a little more time for things to come to fruition but you will sleep better at night.if your investments are in the hands of ethical people.

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