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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

Post by banxon Jun 03, 2016 9:21am
208 Views
Post# 24930706

$5 MILLION MARKETCAP

$5 MILLION MARKETCAP$7 mill in rev for q1 with a shrinking loss.
All these folks have to do is turn a profit and the lid comes off.
Notwithstanding the intent to grow the biz, it's all about profitable business.
Big Mac knows this and the MD&A was very revealing and transparent.
This stock is cheap and insiders know this hence the $775k injection from Big Mac and one other insider.
I expect more insider participation as we move forward.
Outside investors remain skeptical and rightfully so given the legacy.
A changing income and expense stmt will alter this dynamic. 

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