KGIC Inc LGLTF

Loyalist has no material changes

[alister33]

Loyalist has no material changes
Ticker Symbol: C:LOY

Loyalist has no material changes

Loyalist Group Ltd (C:LOY) 
Shares Issued 179,169,923
Last Close 6/4/2015 $0.365
Thursday June 04 2015 - News Release

Mr. David McAdam reports

LOYALIST PROVIDES UPDATE ON FILING OF 2014 ANNUAL FINANCIAL STATEMENTS AND Q1 2015 INTERIM FINANCIAL STATEMENTS

Loyalist Group Ltd. is issuing this biweekly status report to keep its shareholders informed of the status of the filing of its 2014 annual financial statements and its interim financial statements for the period ended March 31, 2015, in accordance with National Policy 12-203. Loyalist is continuing to work diligently and expeditiously with its auditors to complete and file as soon as possible its financial statements, accompanying management's discussion and analysis and related CEO and CFO certifications for the annual fiscal period ended December 31, 2014 and the interim fiscal period ended March 31, 2015 (collectively, the "Financial Statements"). Because the March 31, 2015 interim statements cannot be filed until the 2014 annual statements are filed, the Company intends to file the 2015 interim statements very shortly after the 2014 annual statements are filed.

The Company confirms that it intends to satisfy the provisions of the alternative information guidelines found at sections 4.3 and 4.4 of Policy Statement 12-203 respecting Cease Trade Orders for Continuous Disclosure Defaults for so long as it remains in default as a result of the late filing of the Financial Statements. During the period of default, Loyalist will issue bi-weekly default status reports in the form of further press releases, such as this release, each of which will also be filed on SEDAR. The Company confirms that there are no insolvency proceedings against it as of the date of this press release. The Company also confirms that there is no other material information concerning the affairs of the Company that has not been generally disclosed as of the date of this press release and that there are no material changes to the information contained in the April 30, May 8 or May 21, 2015 press releases issued by the Company.

We seek Safe Harbor.

© 2015 Canjex Publishing Ltd.

[alister33]

Only change is a bunch of idiots taking cheap pot shots at the company, CEO and CFO from shorters, bashers,haters and ex-employees Shorts have to totally cover soon, some have already Short Positions for LOY Symbol Report Date Volume Change Shares Issued % Float V : LOY

[mydogchach]

.....no material changes... what is your point, if you read and use the full statement - its stock. Simply states no material changes to the 3 previous press releases, in other words no changes from mid-April to current and doesnt reflect anything about the 2014 year end or 1st quarter. All previous releases have the same wording - no material changes since the last update. I do agree that the

[alister33]

Okay shorter, you should cover soon ! you attack all stocks with delays so short on shorter !

[mydogchach]

Well, thats just stupid. If yourre referring to me - not a shorter, just a disgruntled investor like many others and weve got a right to be. Wait a minute..........are you FT, cant wait for more of your incredible analysis on your next tv appearance 

[alister33]

Shorters have created a buying opportunity and have to cover soon, jmho

[HippygirL74]

no alister33, shorters didn't create this situation, but they are responding to it. This is clearly a falling knife situation. At "face value" means that I believe the analyst who says that there is nothing "untowards" going on. It means that I believe that the illness of the CFO created this situation. But if this delay goes on, I am afraid that a general cease trade order

[alister33]

No Hippy you are right, but not correct !  This is not a falling knife and there will not be a cease trade you all thrive on fear.  Longs hold and accumulate You all spread fear to create selling, shorters need selling if you sold move on, but the things posted on this board are just a joke and Fabrice could be buying here ? smart money acts on a buying opportunity. therookie87 and

[britishcinnamon]

alister33, I know that you are keen on LOY. You know I have been around and reading lots of MD&As, assessing the health of the company even when shareprices rose to $0.79. I also know when there are problems. I am not a basher or a shorter; I am one of the most enthusiastic longs on this board. Even to me, this late filing episode is a huge problem for the company. The mishandling of the

[HippygirL74]

alister33, Sorry to say, but this is a falling knife! Just look at the chart. I hope you are right, alister33, but tell me please, how long can a company trade without the audited financials. The company can carry on without us, that's all, but your money will be tide up in limbo. It might not happen, but it might. And I think there is only 3 weeks or so left before that might happen. So if