GB Group Ord Shs GBGPF

RE:News

[potcommitted]

It definitely had that feel in the market today especially when looking at CMED's price action/volume... BUT if you've ever been involved in any significant negotiations with a deadline and significant "costs" for not delivering you just know Terry-Mutha-F*ckin-Booth is getting this sh*t done. Tomorrow. Human nature man. He's pot committed. There's too much at stake and Aurora has too much to lose if they f*ck this up. And they know it. You don't go this far in a negotiation and get this close to getting what you want to let it slip away like that.

My impression is that Mr. Booth is obsessed with being the number 1 mj company. Which is exactly what you want for your CEO. They will be a $10B mkt cap this year and if they have to over pay for CMED and a few others along the way so be it. It'll cost them much more than whatever they overpay now if they lose this so I would expect them to throw some cash at this. I am willing to bet either this deal gets done, or they will up the offer directly to shareholders BEFORE the hip vote. Those are the only two reasonable options I can see they have right now. These guys aren't idiots and they surely didn't get this far without some skill and strategic thinking.

Remember they already have 38% locked up. Plus the approx 2.5% they own and potential for up to 5%. So 43% are already voting for. They need 2/3 to win a vote. Let's call it 67%. So they just need to get another 24% of the total outstanding shares. Out of the 57% not locked up/owned they need to entice just over 42% of these to committ to get to 2/3 of total. If we assume Senvest is out with their 8% as they indicated (unless price is significantly increased) then there is 49% available and they need just under 49% of this to get 2/3rd (24%/49%). I am willing to bet 1 out of 2 shares will be voting in favor of and you know BZ has figured that out as well or he would have rolled the dice on the HIP vote already.