KGIC Inc LGLTF

RE:Winner Winner Chicken Dinner

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I'm looking forward to the news release coming in a few short weeks. Based on what was needed a year ago, I'm sure BMO and all shareholders will be cheering. We have the best in our topThree and if you wish to read this quote from Shawn about what we have and what is needed for success, here is a tidbit from 2015.      

Revenues continue to rise.

"As I look at this business I see both temporary negatives and lasting positives," said Chief Operating Officer Shawn Klerer. "The negatives include costs that are too high, managerial processes that lack rigour, and a drop in Q1 revenue. The positives include a solid base of schools, strong organic growth, and highly valuable assets that can be monetized in the near term. Revenue in the first quarter fell year-over-year partly as a result of our rebranding exercise that led to the closing of some smaller, less profitable schools. As of April, these schools have been integrated into other schools and we expect profitability to improve.

"The Company's near-term focus will be on cutting costs, improving profitability, and unlocking the value of certain valuable assets, including, but not limited to, student housing. I have spent the past few weeks, while assisting in the audit, examining Loyalist's business and cost-structure and believe that we can improve the Company's bottom line meaningfully through cost cuts alone," said newly appointed Chief Financial Officer Frank Salvati.

Read more at https://www.stockhouse.com/news/press-releases/2015/06/09/loyalist-announces-2014-annual-financial-results-q1-2015-financial-results-and#tgXf4u3TXuUJSGf8.99