KGIC Inc LGLTF

RE:RE:RE:Seeking Alpha article

[Muddywater2013]

Fact means fact, not bashing.
COO resigned... signal of trouble ahead
Union formed... unhappy employees
Shares issued and outstanding doubled within a year...
Shares dropped 50%...
12 acquisitions in 20 months... LOY is not General Electric,,,
Management expereince in running a big company, nil....read the CEO's profile..
Rumor of raising new money by way of convertible debt.... This means:
a) need money "again"
b) more dilution "again"
c) if by way of convertible debt, it means high interest rate and convertible into shares.. more dilution "again"
d) if LOY is so profitable, 12 acqusitions later they should be sitting on tons of cash generated from the profit?  what am i missing...
e) Investors no longer want their shares, they want interest paying debt instead.  Are you getting any interest for your shares now?  why the newbie gets interest, and you dont?
f) Isnt it true that your holding from a year ago is worth less than half today by way of value, and dont forget to add the dilution factor as additional losses.
g) look back into LOY's past acquisitions, most were part cash, part share transactions even though the acquisitions were less than $1M in value... Share is like paper to them..
h) when a company treats its share like paper, it will become paper.  

All the FACTS are on line and at SEDAR.

Conclusion, you are a paper holder, not shareholder,  Volume also means a lot of sellers... dont kid yourself,,, Why?  Perhaps the sellers are former owners of the schools and they are bailing out with inside information?