OTCPK:GBGPF - Post by User
Comment by
Sevam123on Jan 14, 2018 1:44pm
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Post# 27353637
RE:RE:RE:RE:RE:RE:RE:Cmed aurora
RE:RE:RE:RE:RE:RE:RE:Cmed auroraWould be interesting to see the language of the Lock Up Agreements. Some just require the shareholder to not sell. It may not necessarily compell them to vote a specific way on anything on a company issue. Guessing that the Lock Up Agreement language will compell those locked up to vote down the CMED HIP merger but who knows it could be a boiler plate doc that just says they won't sell their shares to anyone but Aurora for a certain set period of time.
One way out then (if someone feels their butt is in a sling) is to vote for the CMED HIP merger on the premise if that merger transpires the litigation will go away. If that is the case then Zettl, by spelling out what the litigation is going to look like and filing it Friday, may have made precisely the right play. Without seeing the language of the Lock Up Agreements we have know way of knowing but it does appear from a quick read through the Terry Booth Afidavit that some people may have hit it out of bounds. Tredgett looks to have gone a little rogue but no idea if his actions implicate others with more responsibility to shareholders by way of the CMED board.
What a ride this is going to be