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Re: Huggy Bear post# 83

Friday, 07/19/2013 2:18:05 AM

Friday, July 19, 2013 2:18:05 AM

Post# of 221
I don't see many similarities between Albina and GFLB. I believe GFLB shares are being bot out lock stock and barrel and Albina is supposed to get a cash infusion from One PacificCoast BankCorp for a 90.1% acquisition of the voting shares and/or outstanding stock and will continue operating under the name of Albina. Albina is a community bank and GFLB is not but is being bot by a community bank. GFLB is a much larger bank but also has more shares outstanding than Albina. However IMO, Albina and GFLB were both in need of a merger or buyout or cash infusion to help speed up their recoveries from the banking collapse just a few years ago.