OTCPK:GBGPF - Post by User
Comment by
mike444on Nov 29, 2017 6:50pm
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Post# 27058876
RE:MANAGEMENT LAWSUIT
RE:MANAGEMENT LAWSUITI 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 WEED offer for Mettrum which was l think 0.71 WEED share for per mettrum share. But think this RIGHTS offereing thing is quite bad for most shareholders in general.
So what do you think ACB can now do? put a better offer or what can they do for takeover without diluting themsleves so bad etc and if not what do you think will happen to CMED share price. Appreciate any response