Glacier Media Inc T.GVC

GLACIER will fall to MADISON VENTURE CORP. at a cheap price

[modulex]

It appears that the stock will hit a volume of more than 1M shares today.  At a price of roughly $0.40, forget about shiny days ahead.  MADISON VENTURE CORP, the largest shareholder at 53.2% will buy this company for a penny-stock value.

Shareholders

Name	Equities	%
Madison Venture Corp.	70,614,394	53.2%
Burgundy Asset Management Ltd.	9,762,916	7.35%
Geoffrey L. Scott	5,284,900	3.98%
Samuel Grippo	704,542	0.53%
Bruce W. Aunger	412,808	0.31%
Jonathon J. L. Kennedy	318,925	0.24%
Orest E. Smysnuik	299,811	0.23%
Dimensional Fund Advisors LP	47,919	0.036%
Hite Capital Management LLC	20,856	0.016%
Zebra Capital Management LLC	247	0.0002%

[bigreturn11]

Minority shareholders would have to vote on a takeout offer. And minority shareholders are not going to support an offer of anything less than $0.85 imo. 

[nozzpack]

Thats corrrent Insiders  must have the majority of the minoirity shares. Not a cent below $1.25 for me..,,afterall they own 75 % of the shares already

[undervalue]

I do not believe that a take out by insiders is likely.  The bulk of Madison assets are in real estate. There is cash there, but not nearly enough.  I believe that  Gvc has impatient institutions that are moving on. They are like ourselves, insiders believe it is cheap given all the positives. They can afford million dollar buys, but I doubt takeout buys. They learned their over

[bigreturn11]

Geoff Scott added $2 million of shares in 2021.  As a director, I assume that he sees nothing but upside from these prices.