OTCPK:GBGPF - Post by User
Comment by
Brento1on Jan 05, 2018 1:30am
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Post# 27287138
RE:I think the time to sell CMED is now.
RE:I think the time to sell CMED is now. For full disclosure and clarification I only hold stock in one of the 3 companies involved in this game. ACB. I am truely sorry for the lack of intelligence of most of the ACB trolls posting here. They can be truely embarassing.
The fund managers that hold the locked up 36%, of which expires prior to the court ordered end of this game, are not going to just dump CMED onto the market. If the CMED share price is above $24.00 they will have a very hard time taking the ACB proposal as they have a legal obligation to obtain the highest possible return on investment for their members. If the ACB deal dies and they decide to get out they will do it slowly. But I would bet they will stay put if the share price is above $24.00.
How ACB will deal with the up to 5% they may hold by the end of the game will be up to how responsible they decide to be to their shareholders.
CMED will drop, but will bounce back prior to legalization. Aurora will drop more as they will most likely have product supply issues as their new properties will not be producing fully yested and certified finished product before fall 2018.
Could it be that Aurora has not signed a supply deal with any province because they cannot legally guarentee full supply of a range of fully tested & approved Rec product 30 days prior to day 1 of sales? Obvious why they took such an unprepared run at CMED.
Perhaps ACB's best bet is for the Newstrike deal to go through. That triggers the end of the present legally binding $24.00 max of paper offer. Then ACB will be allowed to come back with a too good to refuse FULL CASH offer in time to solve any possible supply issues. After all Terry knows CMED is worth 2 - 3 times the $15.00 it was back when.