RE:RE:CMED Buying HIP, What Were They Smoking?Cremona wrote: HH with all due respect, I respectfully disagree.... When I read that PR this morning at 7am, my immediate thought was that this is really ugly..... this is ACB trying to take to the public airways to convince CMED shareholders that their managment is really bad.....by laying out a case for why that is so..
It did not sit well with me, it reminded me of how Trump operates, just attack and make things up and try to say things that are not totally true, to try to get influence over CMED shareholders. It made me a little sick...
Let's all understand people that Brent Zettl has built a fantastic company over a 17 year period that is exactly why ACB wants to take over CMED. If Brent Zettl was incompetent then we would not want to take over his company.... but he is not. His interviews, which I am sure you have all seen show a smart measured man full of passion for his company and it's expantion by taking over HIP in a friendly takeover...... and his long term vision for the company... Don't forget he has made every one of those shareholders a lot of money..... He spent a lot of time just educating Dr's so they would try pot on their patients.... etc etc.
I know it is a public company and every single public company faces the prospect of take over, but don't dismiss the immense value he has personally put into the company, and he owns about 10 percent of the shares...
CMED has a great deal of value, and HIP has a lot of value, and we will have to pay dearly for that property...... It is not a rediculous thing to think that the offer is a little soft since in about 3 days the sp of ACB doubled and that came out of nowhere, and caught me offguard and so it is just normal that CMED should claim that this sp is a little inflated....
Anyway, enough said by me, but know that Zettl is no dummy imcompetent and has built a fantastic company and made all his shareholders money and so let's not be too dismissive of all these legal games being played this week.
Long ACB
Youre out to lunch buddy, and you’re trying way too hard to Mr. Reasonable. Zettl is the guy who first started taking pot shots at the expense of both companies and their shareholders. Aurora responses only when came under fire from Zettl. And the only reason why CMED SP is so high is because they are the OG cannabis company and people basically flocked there thinking that CMED would surely become a huge player considering their head start. They’ve lost so my ground ever since and in a business eats business world, natural selection suggests this takeover is the only way they will have any success. Welcome to the real world, Dreamona.