OTCPK:GBGPF - Post by User
Comment by
IMB51479on Jan 16, 2018 5:37pm
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Post# 27371930
RE:RE:CMED shareholders vote "YES" to HIP
RE:RE:CMED shareholders vote "YES" to HIPCMED shareholders are drawn to ACB, not soley based on current share price but on future value and opportunity.
The main issue as many CMED sharholders and employees agree, is that the leadership isn't strong enough at CMED.
The point about current shareprice can be made for the HIP transaction as well. Why would HIP shareholders care to see thier current profits evaporate?
Last nights meeting showed 90% support by ACB shareholders to issue up to 170mm shares regarding the CMED acqusition. In that meeting it was asked if ACB would be willing to adjust the 24.00 cap and the answer was yes.