GB Group Ord Shs GBGPF

Brent can't talk to ACB as he's currently suing them

[NewOldGuy]

So Brent wants to pick up the phone now except for one small problem....he's suing ACB. How does that work? By engaging in a discussion with ACB he's acknowledging the frivolous nature of his lawsuit (IMO). I am no legal expert, but I think that poses a conflict.

ACB should countersue for Brent (personally) for filing a frivolous lawsuit in an attempt to "injure" ACB. The amount should be less than $725MM CAD but just enough to wipe out his equity stake in whatever deal ends up happening (IMO). We can't encourage Brent's rogue behavior.

Seems like the rest of the BOD are concerned about the downstream impact of this leadership and questionable decision-making processes.

[VENMan]

@NewOldGuy, Great Post! A lot of people including myself sold out of CMED because Brent was so against doing a deal with ACB. It worried me that Brent would not pick up the phone and talk about doing a deal with ACB and I thought what if there is a poison pill or a lawsuit, do I really want to be a part of all this, so I sold early. Turns out I was right Brent did sue ACB and others and now Brent

[Stonyguy]

It is likely some others here were correct, that CMED could not engage ACB due to the arrangement with HIP (gage order so to speak) now that HIP has accepted and with HIP’s consent they can talk.  This law suit stuff, I understand CMED stated intention to file and as far as I am aware have not done so yet. But why a sitting board member that boggles my mind.  Personally I liquidated out