OTCPK:GBGPF - Post by User
Comment by
thorgb1on Jan 19, 2018 1:44pm
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Post# 27395573
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:WHAT TO EXPECT TODAY
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:WHAT TO EXPECT TODAYStrongLong wrote:
thorgb1 wrote: Anybody know offhand the fully diluted share count for combined CMED-HIP entity? I think it was around 37.5M? Trying to figure out what exchange ratio ACB could support with the issuance of 170M shares which they already have approval for.
Is there somewhere this 170 million is published officially?
If that number is true, it supports the 37.5 million (combined CMED HIP) at the original offer of 4.5:1 and without the cap.
so, can we really confirm that 170 million shares approved is a fact???
Yes, definitely need to confirm that number. I believe there was a meeting on Monday, at which time they received strong shareholder support for the issuance of up to XXX shares. 170M is the number I recall, but honestly I can't be 100% on that, and I can't find it anywhere in a release. Also, the share issuance may have included other acquisitions and general purposes as well. Need to confirm this. There were some posts on the ACB board about the meeting from people in attendance, but you have to wade through lots of garbage to find them.