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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 > Why EVERY CMED Shareholder Should Vote for Aurora Takeover
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Post by MJInvestor2017 on Jan 12, 2018 12:14am

Why EVERY CMED Shareholder Should Vote for Aurora Takeover

Part of the tremendous value offered by Aurora is their investment and opportunity in the European market, which is over 10 TIMES the size of Canada. Aurora will generate MASSIVE revenue in the EU. Have a read below and watch Cam's presentation at the New West Summit in Cali...every CMED shareholder needs to view it to understand the true value of Aurora. This is truly a golden opportunity for CMED investors.
Watch this youtube video now!
https://www.youtube.com/watch?v=GOcU97Asg2I

Q. Aurora recently acquired a stake in the Green Organic Dutchman and struck a deal with a Denmark tomato grower to expand into Europe. Where are you looking next?

We’ve had a lot of news just in the last week. We announced that we are building a huge, million-square-foot facility in Denmark. That’s a 51-49 joint venture with our partner, who are the largest growers of tomatoes and vegetables in Scandinavia, and that’s an initiative to serve initially the Scandinavian market but also the excess will be served in the European Union — and that’s where we are developing a very, very powerful, dominant position. We already own the largest distributor of medical cannabis in Europe (Pedanios GmbH) … and through them we’re already selling into the German system. But the beauty of this is, because we’re in the EU with this distributor, as additional medical cannabis markets are created in the European Union, we’ll be able to participate in all of them and we’re very, very bullish in that market. It’s a market, after Brexit, that will amount to more than 430 million people — and they pay in euros, which are at a premium to the Canadian dollar. 
 

Q. Aurora’s bid for CanniMed was rejected while that company plans to acquire Newstrike (Resources Ltd.), but you appear not to have backed down. Why won’t you give up?

A. The interesting thing about our bid to acquire CanniMed is that we didn’t go looking to acquire CanniMed. They weren’t even on our radar screen. What happened is that 38 per cent of the shareholders of CanniMed were unhappy with their existing management team and their ability to execute at the pace at which they were expanding. So they modelled all of the licensed producers in the system and they vetted them, and they came to us, they thought that we would be a good fit. And they asked us to make a bid for CanniMed and we did it very quickly. In five days, we turned around a bid and we made that offer. Originally, it was a friendly offer and I wish it had been accepted on a friendly basis. And, in fact, our door’s still open and if ever they do decide that they want to pick up the phone, we’d be happy to talk with them. When it was not accepted on a friendly basis, we decided to proceed with this and go directly to the shareholders of CanniMed. We think we’ve got a very compelling proposal. 


Read more at https://www.stockhouse.com/companies/bullboard?symbol=t.acb&postid=27339389#usT772i76yTSKLbm.99
Comment by thorgb1 on Jan 12, 2018 9:31am
LOL, Battley is so dumb he pretty much just admitted that they had insider knowledge of the HIP discussions and had to quickly act to get in front of that announcement. Why did it have to be done in 5 days, why not 8 days or 10 days? I'm sure the OSC will have fun with this one. 
Comment by Eigen337 on Jan 12, 2018 10:46am
This post has been removed in accordance with Community Policy
Comment by Sevam123 on Jan 12, 2018 12:59pm
Agree strongly.  ACB's hostile bid price of $24 along with the lock up that those folks ageed to  caused the balance of CMED shareholders to miss out on an opportunity to potentially cash out at a very high valuation at the peak of the industry wide runup last week.  I'm not angy at ACB.  They are just doing business and trying to get the best possible deal for ...more