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KGIC Inc LGLTF

Consumer Defensive Education & Training Services
"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

KGIC Inc > MUST READ
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Comment by EddySantanaon Jan 28, 2017 11:40pm
138 Views
Post# 25768968

RE:RE:RE:RE:MUST READ

RE:RE:RE:RE:MUST READWhat do you expect when the value of the equity is worth 0? Under KGIC control the assets are not worth more than the outstanding debts, leaving the equity worthless. That's part of the risk of owning a 1 cent company, it was basically worthless to begin with for a reason.
blhawk wrote:
You can, lol. i guess cause you lost, might as well have CIBT lose right, lol. Yes the debt went from $8 mil to $12.3 so can someone please rescue us shareholders, really.


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