bpt purchase

Having skimmed through the BPT share purchase documentation one would have cause for concern that the directors acted in their own best interests when approving this sale on behalf of ALL GOG shareholders.

My opinion on the agreement virtually says it will not proceed unless the directors can deliver up control of GOG board and administrative capacity to the purchasers. (Including changing signatures on company bank accounts in a manner acceptable to BPT )

It would appear the directors have agreed to this and other clauses as being in the best interests of the Company in their capacity as Directors but in the knowledge that their sales as vendors will not proceed if they don't ?

Arms length vendor sale?

Benefitting all GOG shareholders equally?

Just my thoughts, could be well off the mark. Interested to hear other opinions.