Looks like the Doctor is building a larger geographic footprint.
This stock just got a whole heap more interesting.
KGIC to provide ESL to Guru Kashi, BIS
2016-01-08 09:04 ET - News Release
Dr. Alex MacGregor reports
KGIC ANNOUNCES NEW STRATEGIC RELATIONSHIP WITH GURU KASHI UNIVERSITY & BIS EDUCATION GROUP - PUNJAB, INDIA
KGIC Inc. has entered into a strategic relationship with Guru Kashi University and BIS Education Group by way of a memorandum of understanding for providing English as a second language education services to its student bodies, which exceeds 150,000 students on 28 campuses in India. The company believes that this relationship will be material to the company's operations as it will give the company access to up to 25,000 students annually entering Canada through this group of schools. This broad spectrum of students has a range of requirements that will only allow the company to strengthen its enrolment and profitability by enabling the company to plan a broad curriculum for these incoming students using its existing resources.
"This offering represents another step in the revitalization of the company," said Dr. Alex MacGregor, the recently appointed chief executive officer and director of KGIC. "Strategic partnerships with well-established educational institutions from international locations forms part of the company's new strategy effective immediately."
We seek Safe Harbor.
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