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Bullboard - Stock Discussion Forum 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 Discussion

KGIC Inc > I suspect a roll-back ... with almost 200,000,000
View:
Post by nanaimo16 on Jan 10, 2016 1:59pm

I suspect a roll-back ... with almost 200,000,000

and more shres to come... this should be rolled back at least 20 to one......that will be news in the making. a stock that trades at 3c is not credible folks.
Comment by banx on Jan 10, 2016 2:08pm
I highly doubt the stock is going to remain at 3.5 cents. The last news release was foreshadowing a much larger play. 200 million shares out is not extreme by any measure. For the first 9 months of 2015, the avg trading share price was 24 cents under LOY. The shares really fell when the stock symbol changed to LRN due to incompetent and inefficient corporate management. Things will change with ...more  
Comment by MAZZMEX on Jan 10, 2016 6:46pm
HUM... I suspect you are suspect...Mazz..
Comment by Winny1 on Jan 10, 2016 7:04pm
Are you saying Banx or Nanaimo? I think the o/s is high, but not necessarily mean a rollback right away. I don't know where this is heading next week, but I would be surprised to see 3 cents.
Comment by banx on Jan 10, 2016 7:29pm
Winny, the perspective on the o/s shares is trumped by the ridiculous current valuation of an established high revenue business. I do agree at some point consolidation is in order--when optics are strong and the business is thriving. I doubt any of us would be surprised to see this stock @ 25 or 30 cents by year end assuming MacGregor lives up to his rock star status.
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