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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

Comment by StrongLongon Mar 09, 2018 9:52pm
51 Views
Post# 27695687

RE:Read the filings and interpret them yourselves

RE:Read the filings and interpret them yourselves
MartialArts wrote:
I'd be very surprised we see money next week considering:

1. The date was officially extended to March 25th
2. The proration is done per take up date and that date was extended.

Laurent HIll has been pathetic at providing a consistent story.  I've called two brokerages houses today and neither were informed of the extension.

I've read all the documents numerous times.  Anyone stating "it's simple" clearly have not read them.


I agree
What I don't understand is why they want to burn more cash than they need to. Only 98 million required to cover the shares tendered. They could have not extended the date to 25th and covered the rest with shares.
Strange...
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