GB Group Ord Shs GBGPF

CEO is the odd man out it seems

[Raguu17]

Good morning 

From what I understand the 38% that approached ACB were not happy with the direction and pace that the CEO was presenting. I am guessing that the CEO is the missing 13% or at least a good portion of it. Rest being open market I assume. The only one this wasn't good for and that is only towards his ego not his pocket book, is the CEO that is stalling this. 

As an ACB holder I didn't see teh HIP move as a bad pickup for us. We don't have an Ontario op. Check. Respectable, classy celeb endorsement, check, relative low cost when packaged with the potential of CMED + ACB. I think so but from how I understand it that 38% will vote as per ACB instructions on that matter. They already hitched their wagon to the ACB train. 

I think your CEO cost(ing) you guys money by not reading the witing on the wall. The tribe seems to have spoken. I look forward to our investments multipling together. Hopefully it ends soon so they can collaberate as soon as possible. We have all have a party to get ready for in July!!

[VENMan]

If all at CMED would have got on board and did a firm but friendly offer with ACB at even 4 times an ACB share for every 1 CMED share but Firm ACB share price goes up or down its 4 shares firm, period; with ACB now trading at over $8 CMED would be trading at $32 per share! But because no one sat at the table with ACB, ACB got their way and now the 20 day VWAP could result in CMED shareholders

[thorgb1]

It can't be just the CEO, otherwise the board would have recommended accepting the ACB proposal and moved on from there, settled on a share exchange ratio, and moved on from there. The BOD has/had 10 members, the CEO, CFO, 4 independents from the medical side, and 4 individuals from the finance side (Golden Opps/Saskworks/Equinox). I think it's likely the 4 financial members were the ones

[Raguu17]

Agreed, it has to be more complcated than my simple explanation for sure. I am happy being partially correct when guessing in the dark.  I don't think moves like this are made by the people that are making them without the angles thought out. The ACB crew has been pretty sharp so far. I don't see them dulling up the blade for their first hostile takeover.  Money usually wins

[Stonyguy]

I agree with all said, however Terry B, wasn’t born last night and he’s very shrewd and will get HIP for very cheap  (as mentioned it fits very nicely for ACB).  With one of the board members already jumped ship it’s clear with Saskworks still sitting on the board there would be some advocacy to make the deal at the CMED table.  I really can’t see this going on for more than two