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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 > Yes Vote Coming
View:
Post by 60606060 on May 13, 2016 10:49am

Yes Vote Coming

The initial completion of $1,825,000 in funding is also in accordance with a Memorandum of Understanding (the "MOU") dated April 7, 2016 between the Company and Bank of Montreal ("BMO"). The first stage closing meets the Company's financing requirements for the near term operational forecast. The Company is also pleased to announce that the previous Forbearance Agreement with BMO is terminated and the Company plans to complete final term loan agreements with BMO in accordance with the MOU and execute aggressively its new management plan.
Comment by InternalAudit68 on May 13, 2016 11:49am
This post has been removed in accordance with Community Policy
Comment by Yun321 on May 13, 2016 1:51pm
too early to be positive, a long way ahead OR go bankrupt 
Comment by jimbrofski on May 13, 2016 1:58pm
but what about next years agm? Bahahaha
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