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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.


OTCPK:GBGPF - Post by User

Comment by Sevam123on Jan 14, 2018 1:44pm
68 Views
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
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