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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

Comment by banxon Jul 15, 2016 12:59pm
132 Views
Post# 25056446

RE:WHO BOUGHT UHAK?

RE:WHO BOUGHT UHAK?Loyalist paid $8 million for Uhak and less than a year later, its sold for the princely sum of $100k staggered over 4 pyts.
Lmao.
The shenanigans are so obvious
Someone has to pay the piper.


Sale of Uhak.com

The sale of Uhak.com closed on Oct. 28, 2015, with the purchaser assuming all net liabilities, inclusive of severance obligations and forgiveness of certain intercompany amounts which were owed by the company to Uhak.com. At June 30, 2015, the company reported $1.3-million of consolidated net liabilities and year-to-date net losses of $830,000 attributable to Uhak.com.

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