KGIC Inc LGLTF

Excellent news today

[newbie2099]

Could be 5 cent no problem

[Cadilac]

Yep finally excellent news , on Sedar just now :  KGIC Inc. (formerly, Loyalist Group Limited) For Immediate Release TSX Venture Exchange Symbol "LRN" KGIC Inc. Announces Proposed $9.725M Loan Facility TORONTO, ONTARIO-- (Marketwired – October 17, 2016) – KGIC Inc. ("KGIC" or the "Company") (TSX Venture: LRN) is pleased to announce that it has received a firm

[Yun321]

smart players sell on news. sell, sell, sell......

[birdie22]

I especially like this part " "We believe that we have proposed a debt restructuring plan that is beneficial to the Company and its stakeholders", said Alex MacGregor, President and Chief Executive Officer of the Company. "Provided that we are able to satisfy the conditions to completion of the Loan in the time mandated by the lender, management is confident that successful

[schoolboy]

What about this part? "The Company can give no assurances that any of the transactions contemplated by the Debt Settlement Plan or the Loan will be successfully completed. If not completed, the Company's ability to continue as a going concern may be significantly affected."

[birdie22]

Thanks for reminding me schoolboy that there may be a risk in participating in the Stock Market.

[Cadilac]

You never have any assurance by any company on this market . If you read carefully and completely every news or declaration ends up by these words . So KGIC is no worse or better then any other .

[InternalAudit68]

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