Post by
banx on May 31, 2016 4:34pm
CLOSING THE KOREAN OFFICE
Made a heap of biz sense.
The student demographic was disproportionate when compared to peer schools and also the commision expectations were outrageous.
Annyeong Korea!
Comment by
jimbrofski on May 31, 2016 4:40pm
Except they have lost the single biggest and most consistent source of international students, likely forever, or for years to come which they simply don't have.
Comment by
banx on May 31, 2016 4:56pm
Jimbo, the korean factor contributed greatly to the failure. Big Mac is rationalizing the economics of the business. This is what great business leaders do. Better to bring in less students but with a higher biz margin. Makes perfect biz sense to me. You teach english and he's in the business of running an ESL school system. Whole diff pay grade son.
Comment by
jimbrofski on May 31, 2016 5:00pm
Banx, he is in the business of running his very first ESL schools. Look at his resume. You are in the business of internet prognosticating and running a core of dozens of brilliant investors who do your bidding. Stay in the basement where your lack of insight or knowledge is less likely to embarrass you or your mom.
Comment by
jimbrofski on May 31, 2016 5:04pm
And running is a relative term. The stock price has floundered despite endless fake announcements of groundbreaking deals to bring in tons of Indian students for the first time in Canadian history to a school of his ilk and with his level of non-experience and you want to call him a genius? Be patient? Yeah, be patient. he will run it into the ground faster than RYU!
Comment by
DirtyRandy on May 31, 2016 10:49pm
banx. correct to "failed to teach english" No pay grade for him.
Comment by
jimbrofski on Jun 01, 2016 11:25am
Nice one 'DirtyRandy'. Kinda like how you would fail to please your old lady if you actually had one. I guess Banx counts, right?