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 > Chasing

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Comment by Mixednuts07on Jan 06, 2018 11:10pm

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Post# 27299357

RE:RE:RE:RE:RE:RE:Chasing

thorgb1 wrote:

VENMan wrote: Drops, I know the OFFER and the only reason it was capped at $24 was because CMED did not sit at the table with ACB and work out a better offer. Nobody takes the first offer presented. Both parties should sit at the table and work out a better deal but CMED did not do that. NO OFFER from ACB was good enough for CMED so ACB stuck with it's first and only Offer and why not. If CMED won't even pick up the phone and talk to you! Now CMED can enjoy the many millions more in shares they will have to pay for HIP or go with ACB's one sided deal! ALL I

BS. That's the narrative that Cam Battley wants you to buy into, that ACB nicely approached CMED out of the blue and made multiple attempts to contact CMED, to talk about how great they were and the great offer they were going to make. LOL. The truth about the timeline will come out in the information that OSC has requested by the 12th, this was an opportunistic move by ACB and was timed to disrupt the HIP deal. ACB has done enough deals to know that when you are down to the short strokes, there are generally confidentiality and non-solicitation agreements in place, so the whole "but they wouldn't talk to us" narrative is a steaming pile that only the dumbest retail guys fall for.

In in regards to the value of HIP, they may go back and revise the deal given the recent rise in HIP's market cap. I hold both, so I could care less, but I am confident that this deal will go forward for shareholder approval. You and I both know though, that these weed plays are volatile, and HIP could be back down to to 80 cents on Monday. To suggest the terms of the deal need to change based simply on today's high, born from a frenzy of buying on license news, should be the new baseline for an agreement, is, frankly, silly. If there is a revision, I am sure the parties will work in good faith to a new number based on a VWAP, but remember, HIP was 50 cents 2 weeks ago, and it was 30 cents before the CMED acquisition news hit the wire, so I'm not sure it should even be reworked at all.

Peace out. I'm done for the weekend.