Navigation Links
Global Med Technologies(R) Inc. Receives Unsolicited Proposal From Victory Park Capital Advisors, LLC
Date:12/9/2008

rategic acquisitions; 3. introduced the Company to Ken Hunt, a current Board member and shareholder; 4. assisted the Company in expanding its relationship with the Red Cross; 5. introduced GLOB to additional institutional investors (including both mutual funds and hedge funds) which purchased shares of common equity; and 6. assembled a syndicate of then current and new investors to purchase over 3,300,000 shares of common equity and common equity equivalents from the Company's then-largest and highly dissident shareholder.

Unfortunately, even with VPC's loyal strategic and financial support, the Company has been unable to realize full value as a publicly-traded company. If the equity markets do not reflect the Company's intrinsic value, we believe it is incumbent upon the Board to take action to realize that value for shareholders. Failure to act would only further destroy shareholder value as the Company continues to incur the onerous and increasing expenses of being a publicly-traded company.

Therefore, we believe the time has come to explore strategic alternatives, including a:

    1.  public auction of the Company for sale to a strategic or financial
        buyer; or
    2.  buyout transaction led by VPC.

VPC is prepared to purchase all of the Company's outstanding equity securities that VPC does not already own for $1.10 per share in cash, subject to the completion of limited, confirmatory due diligence, the negotiation of a definitive merger agreement and management cooperation. It is our intention to work closely with the Board to finalize the appropriate financing package necessary to successfully execute our intentions to operate the Company as a privately-held entity. We are prepared to move expeditiously to complete due diligence and begin discussions regarding appropriate transaction agreeme
'/>"/>

SOURCE Global Med Technologies, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4

Related medicine news :

1. Leading U.S. Cancer Organizations Unite Against the Growing Global Cancer Burden
2. Childrens cancer group recommends global evaluation system for neuroblastoma to improve treatment
3. Former Mayor of Indianapolis to Serve as a Senior Strategic Advisor to McKenna Long & Aldridge LLPs Global Infrastructure Finance and Public-Private Partnerships Practice
4. Lilly Global Day of Service Receives National and Local Recognition
5. Community Unites for Physicians for Human Rights Town Meeting on Global AIDS and Human Rights on December 8
6. MetLife Mexico Life Insurance Company Partners with Assist America for Global Emergency Medical Assistance Services
7. Health Care Without Harm, WHO Announce Partnership for Global Reduction of Mercury-Based Medical Devices
8. GlaxoSmithKline and The Carter Center Reaffirm Commitment to Global Public Health with Expansion of LF Program
9. Global Measles Deaths Drop By 74%
10. Greater China suppliers set to end tough 2008 with strong buyer activity at Global Sources Private Sourcing Events
11. Jolie-Pitt Foundation Awards Second Grant to Global Action for Children
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/22/2015)... Glendale, AZ (PRWEB) January 22, 2015 Padre ... a long supporter of Pro Player Health Alliance ... with Padre Murphy's in getting everyone, including NFL greats, treated ... one of the leading groups supporting the cause in the ...
(Date:1/22/2015)... Angelweddingdress is a famous wedding dress company offering many trendy ... on Facebook, Twitter, and Pinterest. The fans will have an ... lottery every week. , Moreover, the company has extended its ... Angelweddingdress homepage for more information. , Angelweddingdress is ...
(Date:1/22/2015)... York, New York (PRWEB) January 22, 2015 ... http://www.vaginalmeshlawsuit2015.com/ ) in the U.S. District Court, Southern District of ... C.R. Bard, Inc. in that proceeding’s first bellwether trial. In ... request for a new trial after finding that C.R. Bard ...
(Date:1/22/2015)... January 22, 2015 Thousand of GranuFlo ... Care recalled its GranuFlo and NaturaLyte dialysis concentrates continue ... in U.S. District Court, District of Massachusetts, Bernstein Liebhard ... the Court has remanded a case filed by the ...
(Date:1/22/2015)... 2015 Carinsurancesavings.biz has released a new blog ... dismemberment insurance . , Purchasing an accidental death and ... advantageous. This type of rider provides benefits if the insured ... considered a lesser form of life insurance. , AD&D ...
Breaking Medicine News(10 mins):Health News:Padre Murphy's Holds NFL Retired Players Association Party Star Studded Event With Bud Light and Pro Player Health Alliance Sponsoring 2Health News:Padre Murphy's Holds NFL Retired Players Association Party Star Studded Event With Bud Light and Pro Player Health Alliance Sponsoring 3Health News:Angelweddingdress Invites Its Customers To Follow It On Facebook, Twitter, And Pinterest 2Health News:Court Upholds $2 Million Vaginal Mesh Lawsuit Verdict Levied Against C.R. Bard in First Federal Bellwether Trial, Bernstein Liebhard LLP Reports 2Health News:Court Upholds $2 Million Vaginal Mesh Lawsuit Verdict Levied Against C.R. Bard in First Federal Bellwether Trial, Bernstein Liebhard LLP Reports 3Health News:Court Upholds $2 Million Vaginal Mesh Lawsuit Verdict Levied Against C.R. Bard in First Federal Bellwether Trial, Bernstein Liebhard LLP Reports 4Health News:Court Overseeing Federal GranuFlo Lawsuits Remands Louisiana Claim Back to State Court, Bernstein Liebhard LLP Reports 2Health News:Court Overseeing Federal GranuFlo Lawsuits Remands Louisiana Claim Back to State Court, Bernstein Liebhard LLP Reports 3Health News:Court Overseeing Federal GranuFlo Lawsuits Remands Louisiana Claim Back to State Court, Bernstein Liebhard LLP Reports 4Health News:Accidental Death and Dismemberment Insurance Can Be Purchased at Low Prices Online 2
... YORK, Feb. 27 WebMD Health Corp. (Nasdaq: ... today announced that executives of WebMD are scheduled to participate ... 2009 at 7:05 p.m. ET. Investors, analysts and the ... broadcast of the presentation over the Internet. The broadcast can ...
... CANTEL MEDICAL CORP. (NYSE: CMN ) announced ... Endoscope Reprocessing System and new Rapicide(R) PA High Level Disinfectant ... System, with its accompanying new chemistry, represents the latest in ... technologies that Medivators has been delivering to hospitals and stand-alone ...
... Edmond Scientific Company (ESC) has been ... Office of Information and Technology (OI&T) to provide architecture ... VA information systems with other healthcare entities. ESC ... information systems with the Department of Defense (DoD) Military ...
... 27 The following was written by W. Gifford-Jones M.D., ... Americans? They eat fat-rich, calorie-packed baked goodies which are ... from cardiovascular disease than North Americans. It,s called "The ... found in red wine. Now, a study shows that ...
... Systems on the Impact of Technology on Healthcare PLANO, ... Kevin Fickenscher - Executive Vice President, International Healthcare for ... Robin Felder, Professor of Pathology at the University ... Board of Directors of the Medical Innovation and Transformation ...
... - The South Asian summer monsoon - critical to ... be weakened and delayed due to rising temperatures in ... , A Purdue University research group found that climate ... precipitation, a delay in the start of monsoon season ...
Cached Medicine News:Health News:Cantel Medical Corp.'s Medivators Group Gains FDA 510(k) Approval For Its Advantage(TM) Plus Endoscope Reprocessing System 2Health News:Edmond Scientific Company Awarded VA Contract for External Integration Architecture Support 2Health News:The Red Wine Pill 2Health News:The Red Wine Pill 3Health News:Healthcare Tech and the World: A Discussion About the Impact of Medical Automation on Healthcare 2Health News:Healthcare Tech and the World: A Discussion About the Impact of Medical Automation on Healthcare 3Health News:Healthcare Tech and the World: A Discussion About the Impact of Medical Automation on Healthcare 4Health News:Purdue study projects weakened monsoon season in South Asia 2Health News:Purdue study projects weakened monsoon season in South Asia 3
(Date:1/23/2015)...  Lixte Biotechnology Holdings, Inc. (OTCQB: LIXT), announced that the number ... lead compound, LB‑100, is being conducted, has been expanded from ... , M.D., the founder and President of Lixte, said that, ... single site. Accrual of patients, however, was slower than projected. ...
(Date:1/23/2015)... CAPE TOWN, South Africa , Jan. 23, 2015 ... and distributor of personal protective equipment for all forms ... include the flagship Leatt-Brace® neck brace, announced today that ... minicross racing federation, now requires all riders to wear ...
(Date:1/23/2015)... (NYSE: MNK ) announced today that its ... The open-ended authorization permits the company to repurchase up ... "Funding additional initiatives and seeking attractive business ... pursue a range of focused growth strategies," said ...
Breaking Medicine Technology:Lixte Biotechnology Holdings Announces Expansion Of Clinical Sites For Its Phase I Trial Of Its Lead Anti-Cancer Compound, LB-100 2Lixte Biotechnology Holdings Announces Expansion Of Clinical Sites For Its Phase I Trial Of Its Lead Anti-Cancer Compound, LB-100 3Leatt Announces Neck Braces Now Required For Motocross/Minicross Racing In Italy 2Leatt Announces Neck Braces Now Required For Motocross/Minicross Racing In Italy 3Mallinckrodt plc Announces Share Repurchase Program 2Mallinckrodt plc Announces Share Repurchase Program 3Mallinckrodt plc Announces Share Repurchase Program 4
...  VIVUS, Inc. (NASDAQ: VVUS ) today announced ... Metabolic Drugs Advisory Committee recommended Qnexa be granted marketing ... in adults. The Committee voted 20 to 2, on the recommendation ... "We are pleased with the panel,s approval ...
... 21, 2012  Regeneron Pharmaceuticals, Inc. (Nasdaq: REGN ... conferences: , Citi 2012 Global Healthcare Conference at ... , RBC Capital Markets, Healthcare Conference at 9:00 ... The sessions may be accessed through the Company,s ...
Cached Medicine Technology:FDA Advisory Committee Recommends Approval of Qnexa® 2FDA Advisory Committee Recommends Approval of Qnexa® 3FDA Advisory Committee Recommends Approval of Qnexa® 4FDA Advisory Committee Recommends Approval of Qnexa® 5Regeneron Announces February 2012 Investor Conference Presentations 2
Comprehensive range of integrated implants and instruments including - Basic, Small, Mini, Pelvic and Foot Sets....
... Conforming to U.S. and international ... Nephew's TC-100 Screw and Plating System* ... and ease of use for open ... However, the TC-100 system works well ...
... PFO Occluder has been developed ... Patent Foramen Ovale. Introduced through ... device offers a safe and ... closure of PFO's including those ...
Full pin skeletal traction pins with cove point....
Medicine Products: