OTCPK:GBGPF - Post by User
Comment by
VENManon Jan 05, 2018 8:32pm
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Post# 27294966
RE:RE:RE:Chasing
RE:RE:RE:Chasing thorgb1, you're right there was NEVER any formal offer of 4.5 shares of ACB. That's why CMED's Management team should have taken the ACB offer and many phone calls made by ACB more seriously and worked on a little better deal rather than outright reject the offer. Don't play with my words and say I'm being dishonest because you know what I'm trying to get at. Look at what you have now with HIP and CMED's deal. The dilution after the CMED / HIP deal was a concern to many CMED shareholders but many could have accepted including CMED's Management upwords of 35 million shares outstanding as the deal stood. Today however HIP trades at pretty much the same Market Cap as CMED so you tell me how happy are you going to be with upwards of 100 million shares outstanding or way more in order to get this deal with HIP done because NO HIP shareholder in HIS or HER right mind is going to accept .033 a CMED share any longer. So now you either offer HIP a better deal which costs you bigtime dilution or take 1 ACB share when ACB trades at $24 for 20 trading days. And don't think it won't happen in this Market when HIP with little to nothing is trading at $1.51, good God ACB at $24 would be a better deal than buying HIP with a $600 million Market Cap before you offer them a premium and you know it. Offer HIP nothing more and they will not accept the current offer and CMED is in the hands of ACB. Kind Regards and ALL IMO!!