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Bullboard - Stock Discussion Forum 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... see more

OTCPK:GBGPF - Post Discussion

GB Group Ord Shs > Aurora vote to give CMED shareholders 170,000,000 shares
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Post by GR8BALLS on Dec 21, 2017 1:05am

Aurora vote to give CMED shareholders 170,000,000 shares

Before I start to tell you my thoughts on this vote, I disclose I sold my CMED shares for a 10 dollar profit per share, invested that into Namaste before the high run up,and have literally doubled my CMED money-very happy about that because I didn’t feel Aurora was offering enough for each CMED share. NOW
  My vote paper says Aurora wants shareholders to vote in favour of giving CMED Shareholders 170,000,000 Shares of ACB.  By my calculations the offered max shares of 4.5 ACB For each CMED would be an offering of 108,000,000 ACB shares.  They are asking shareholders to agree to giving 170,000,000.  Does that not mean ABC is now valuing CMED at 37.00?
    I sincerely hope all of you still holding get at least this.  It’s only fair.  
GLTA
Comment by Skater on Dec 21, 2017 10:09am
Max is $24, will be less than 170,000,000 shares at current price.