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KGIC Inc LGLTF

"KGIC Inc is an educational organization based in Canada. The company owns and operates private English as a second language school, career colleges and community colleges in Toronto, Vancouver, and Victoria."


GREY:LGLTF - Post by User

Bullboard Posts
Comment by Muddywater2013on Nov 02, 2013 1:46pm
168 Views
Post# 21871049

RE:Muddywater, you best becareful with your posts here...

RE:Muddywater, you best becareful with your posts here...
Before you utter any threat you should do your legal research on the meaning of defamation, and the elements required to form a successful defamation suit. 

Firstly, whatever posted was statement of facts.  Most information is available on line or simply calling their offices.

For example, please call their HQ and confirm for yourself that their COO has indeed resigned a few weeks after he was promoted to the COO position.

Please call their Western Town location and speak with their union head and confirm for your own comfort that this is also a fact.  You may find plenty of interesting stories from LOY's very own employees regarding their state of operations.  These "employees" (not 1 person but many) can testify in court and under oath that there are serious problems within the organization.  Why else would they form a union to take on the management?

I did not bash the CEO at all.  Please re-read my posting.  I simply stated that the CEO is lack of experience in running a large organization.  His profile is on-line, and my obervation was based on historical facts, not imagination. 

I commented on their issued and outstanding shares and the sigificant increase in dilution.  You can check SEDAR filing, then grab a calculator and confirm my comment.  Did I make up the total issued and outstanding share numbers? NO...

Is it not true that the amount of money they raised vs. the amount of money they spent equals to a  tight cash flow situation? Check their news releases and quarterly statements. 

If LOY undertakes a debt financing, isn't it further proof that they need capital "again"?  I did say "if"...

Please dont try to tell me they are raising more money for fun when their stock price is going downtrend.  Public companies raise money and dilute their shareholders for either one of the two reasons:
1) they need money
2) stock price is going up (and this is not the case here)

Only unhealthy companies would raise money in declining price trend thereby creating sigificant dilution to its shareholders.  Do you feel that your shareholding should be diluted further??

Looking at LOY objectively, do you feel that a 2 year old company can manage 12 acquisitons within 24 months without presenting great risk to its shareholders?

I am being logical and objective here with no intention of bashing. 

Who knows, my candid opinions may prevent losses for the un-informed.





Bullboard Posts