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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 BearishBull01on Jan 29, 2017 11:02pm
167 Views
Post# 25770809

RE:RE:MBA rental revenues escalation

RE:RE:MBA rental revenues escalationA legal fight will happen.. the pref shareholders and debture holders arent just going to take it in the a$$.. 

honestly i think those who bought in between .02 to .005 will probably get thier money back mybe even a lil profit.. everyone else.. sorry.. 
tomorrow ill be watching the bids very closely .. if it even increases just a little something is definitely not making total sense ..

a part of me wonders if toby and alex came up with this plan to squeeze the debt holders into submission..debt holders accpet resturcture plan.. loan facility goes from 9 to 13, use it to pay senior debt.. new senior debt at a much lower rate, a lot less overleverage.. lrn can turn a profit finally..  Cibt pays 3mill and makes 12mill back.. awesome fkin deal if u ask me
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