OTCPK:GBGPF - Post by User
Comment by
VENManon Jan 14, 2018 10:08am
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Post# 27352830
RE:RE:RE:Questions for cmed shareholders from HIP investor...
RE:RE:RE:Questions for cmed shareholders from HIP investor...I was a long time CMED Shareholder so my 2 cents to answer your question is if CMED really wanted to buy HIP they should have moved faster to close the deal. When HIP was trading at 50 cents and was offered 33 per 1,000 CMED Shares the Market knew it was imminent that HIP was getting their Liciense to Produce MJ. The day that happens HIP would go over a buck and the CMED offer would be toast. The first thing I thought when I herd about the HIP offer was why is CMED taking so long to close this deal? Does CMED not want this deal? If HIP becomes the next LP, CMED offer is to low? Does CMED not know the Market and how it works? Imagine if CMED would have done the vote in Dec before HIP was a LP, and then the announcement from HIP that they got their licence to produce. That's how things should have been done. The vote for the HIP CMED deal should have been done in DEC not because of the positive Market reaction to HIP after the facet but because the CMED offer in DEC was low, so they should have known to move faster and close that deal. What a Mess this turned out to be. Now I can see many HIP shareholders saying no to the deal just based on CMED's offer being to low. When CMED made the offer HIP was NOT a LP, but now HIP IS a LP and the market reacted as it normally would, CMED couldn't figure this simple thing out and now still want HIP shareholders to accept an offer that was made when HIP was NOT a LP. Is this fair? ALL IMO!