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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 guildwood1on Jan 27, 2017 9:21am
139 Views
Post# 25762601

RE:How? When? Why?

RE:How? When? Why?I know now for a fact Big Mac was aware of this however this info that I picked up through the wire is this deal would be beneficial to shareholders and that it would all take place by end of January and that he would be resigning however I see know that beneficial only to BMO and CIBT not KGIC. This is a spiteful F U to the debunture holders that were too greedy to accept the offering. They get zero now instead of a refunded and restructured kgic with reborn potential. Zero. Hope they're happy. 

Bigswede wrote:
I would like to know when CIBT began negotiations with BMO and if Alex MacGregor and KGIC were aware of this happening. Why was it possible for anyone to take over this secure loan for a measely 3.1 mil and then demand it paid the next day. I'd like to have been a mouse in the corner. I don't see why anybody would have ever bought LRN had they any knowledge this was taking place. Very unfair and underhanded.


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