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; phone verification, and data maintenance services. The identity segment includes document verification, data verification and identity investigation services. Its identity verification solutions can be configured to carry out a wide range of functions, including know your customer checks, anti-money laundering checks, age verification checks and liveness detection. The fraud segment includes transaction fraud monitoring, combating origination fraud and in-life fraud investigation services. It provides artificial intelligence powered screening for automatic onboarding or referral of customers.

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GB Group Ord Shs > CEO is the odd man out it seems

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Comment by thorgb1on Nov 27, 2017 2:29pm

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RE:CEO is the odd man out it seems

It can't be just the CEO, otherwise the board would have recommended accepting the ACB proposal and moved on from there, settled on a share exchange ratio, and moved on from there. The BOD has/had 10 members, the CEO, CFO, 4 independents from the medical side, and 4 individuals from the finance side (Golden Opps/Saskworks/Equinox). I think it's likely the 4 financial members were the ones looking to sell, but they couldn't convince anyone else to join them to get board approval to act on this, and thus we find ourselves where we are today.

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