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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

Post by Matteo87on Jan 15, 2018 5:42pm
248 Views
Post# 27363072

There is a lot opinions on this...but one thing is true

There is a lot opinions on this...but one thing is true 38% percent of shareholders (4 Independant Investment Firms) were unhappy with the direction  this company was taking and did not approve of the proposed acquistion of Newstrike. Institutional investors matter, they carry most of the weight and I suspect that they had reason to beleive this is/was a bad deal. That is what speaks volumes to me.

Full disclosure, I do own both Cannimed and Aurora, as well as a small position in Canopy and to be perfectly clear, I do like both companies; however, I like Aurora's management style better and I firmly beleive that their agressive growth strategy will pay off in the long run. There is rumoured to be only a handlful of big names left in the market when the recreatrional market matures and I think Aurora, Canopy, Aprhia will be in that group. I think a merger of this size would would be beneficial for both companies as I fully suspect the long term share price growth to far exceed what Cannimed could acheive with its own operations. 

If I haven't made my position clear already, I will be voting "No" on the proposed Newstrike deal. 

GLTA 
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