GB Group Ord Shs GBGPF

Cmed aurora

[RonBurgundy]

the funniest thing I saw on twitter was. "If $CMED wins the lawsuit and is still acquired by $ACB does ACB pays $725m to itself? lol"

[scottyBoy8]

ACB doesnt own 40% they have the shareholders in a locked up agreement. they are outside shareholders and business men that signed an agreement to lock up their shares not Give them away.......

[RonBurgundy]

I think you are missing the point. No matter how much aurora owns if they vote to tender the deal then what happens.

[RonBurgundy]

cmed would essentially become aurora who would be suing itself.? Am I wrong?

[scottyBoy8]

From what i read they are going after two or three individuals inparticular who agreed to lock up their 38% worth of shares it is two people i believe that owned all 38% of the shares that got locked up.

[scottyBoy8]

Mr Banzet is the CFO of Golden Opportunities Fund and COO of Westcap Mgt. Mr Duguid is founding partner of SaskWorks Venture Fund, partner at PFM Capital, and Vice President, Investments at Apex Investment Fund.

[Brento1]

If you go to Sedar.com you can find the full Terry Booth (ACB) affidavit complete with supporting documents such as emails, and details of conference calls. Read everything. What is stated, and between the lines. It is very interesting. When reading remember that all CMED directors were bound to a non solicitation and exclusivity agreement as part of the Newstrike deal negotiations. 

[Wonnetr]

Do you find it on cedar by searching “CMED”?

[Brento1]

It should be part of the ACB filing on Friday. I actually found the link to it on a Reddit forum. Here is a link to the complete Terry Booth - ACB - Affidavit of Jan 12, 2017. Happy reading. https://www.dropbox.com/s/n295shmwig1zqhr/Affidavit%20of%20Terry%20Booth.pdf?dl=0

[Sevam123]

Search Aurora and narrow your search to January.  The afidavit is a larger PDF Publish Jan 12.  On Sedar search it is a 11043K PDF published at 20:06:08 ET

[Planecatcher]

What does all this mombo jumbo mean ? 

[Wonnetr]

Thanks!

[Wonnetr]

Brento, how do I search for that on sedar?  What date was it posted there? 

[GoldsteinJ]

Investors with lock-up agreements: 1. Golden Opportunities (Westcap Mgmt) - 2 board seats (Ching and Banzet, Chairman and Director respectively) 2. Saskworks Venture Fund, PFM Capital, Apex - formerly 1 board seat (Duguid) 3. Vantage Asset Management - no board seat

[Sevam123]

Would be interesting to see the language of the Lock Up Agreements.  Some just require the shareholder to not sell.  It may not necessarily compell them to vote a specific way on anything on a company issue.  Guessing that the Lock Up Agreement language will compell those locked up to vote down the CMED HIP merger but who knows it could be a boiler plate doc that just says they won&

[RonBurgundy]

Understood. Should be interesting to see how it all plays out, either way.