OTCPK:GBGPF - Post by User
Comment by
thorgb1on Jan 18, 2018 8:52am
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Post# 27384144
RE:I voted No to hip merger! Will get x2 ACB shares =$48 soon?
RE:I voted No to hip merger! Will get x2 ACB shares =$48 soon?Badtrader2008 wrote: I voted NO to hip merger because they are company that currently has no revenue and big bills to cover their expansion.....which means we at CMED would have to put up the bill for the
Is until legalization kicks in.....this would effective our Share price negatively......not to mention we will be spending more than 9million trying to to sue ACB for them not doing anything wrong...so my personal opinion is that we would get bout 2 shares of ACB. Within a few short weeks of aquireing us Their/our shre price would quickly jump to 24 and beyond....so that would be a premium and we would be basically getting $48 per CMed share within a few weeks.
Plus they have all sorts of liquid assets and have bought into many sector companies plus are a market leader in Europe and Australia... To me this is a no brainier to vote for ACB.
I certainly don't look at this transaction as being taken over but becoming a partner and haveing the means to take on Canopy........with HIP we don't have that advantage and will always be. Bridesmaids in the cannabis market.
Our CEO should have embraced this deal in the beginning and took advantage of it right away as we would have 4.5 Acb shares but he didn't and this cost us....he should have also been able to negotiate a key position for himself in the new company and become an asset but he chose a different path which I also wonder why CMed went public but am thankful it did as I have made some money on this backwards thinking company.
Think about it? Then change your vote for ACB
Probably the most fitting user name. So let's get straight. ACB will have about 600M shares issued if they manage to takeover CMED, and you think they will go up to $24 in short order after that happened, meaning ACB will have a market cap of around $14B, or almost 3X WEED and 4X their current value??? Get real. Also, there was no firm offer of 4.5 shares ever made, so you are mislead or a dummy, i vote the latter.