OTCPK:GBGPF - Post by User
Comment by
MartialArtson Jan 09, 2018 3:18pm
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Post# 27316206
RE:RE:HIP & CMED deal is heaven for CMED holders
RE:RE:HIP & CMED deal is heaven for CMED holders
The CEO and large holders of both CMED and HIP have already agreed to the deal. This is an agreed deal at the senior levels which just needs approval of the rest of the shareholders on January 23rd. CMED shareholders will go for this since it add tremendous value to their shares. HIP shareholders might not if they feel the shooting star stock appreciation is justified but it's not. HIP is a tightly held stock and those who own the majority have already agreed to the deal.
Unlike the Aurora deal which is not a merger, but a take-over sending the CMED management packing, the CMED to HIP deal is a merger of two complimentary entities with management from both companies pushing this into a top tier Cannabis play. Aurora doesn't want that to happen and that is understandable. Both HIP and CMED know this merger is critical to their success since it's accreditive.
HIP brings to the table what ACB would have but in a friendly way to CMED. CMED is the most undervalued Cannabis play out there in terms of Sales to EV. Check out the facts for yourselves.