Global Education Communities Corp T.GEC

webminar

[blhawk]

https://us02web.zoom.us/webinar/register/WN_LgySiDggRnC9QH3Yb-0Ifg

Register for the webminar tomorrow if your interested in whats going on, if you have questions comments or concerns now would be the time to get involved.

[Staghorn69]

I'm going to be busy tomorrow, but would appreciate if you guys could throw out some updates...  I'd like to hear about the vaunted HK listing.  If you're going to do it, then do it....  spin-off later. 

[TickBomb]

Summary: -HKSE market is too crazy right now to list there (billions a day in exodus of cash from asian markets) -TSX isn't attracting the right foreign investors -CIBT will list around 1/3 of GEC on a major US (eg NASDAQ or NYSE) -Cash proceeds will go to fund GEC projects/increased ownership -Option to spit out GEC shares as dividends to MBA shareholders later -Toby was vague on valuation

[blhawk]

The webminar was very informitive. Good job Tickbomb on the key points. The property your talking about with the big gains when we take possesion is Richmond with the 7 towers and we will own 2 of them.  GEC P/E, yes Toby used a extremely low valuation, just for an example, another company  had a 40 P/E, if we used 1/10 of that or 4, we would have a crazy valuation of $60 mil U.S. or

[Staghorn69]

Thanks you guys.  Appreciated.

[Staghorn69]

I guess I'll ask this... with all this good news. Why are we still at 3k shares traded today??  Still the problem is nobody is buying this...  promise or not.  

[TickBomb]

Ya and the problem is when gec is spun out, and even if GEC gets a 100M valuation, it doesn't mean that MBA.TO will trade higher.  The value of the real estate has always been there.  

[blhawk]

I have to disagree with that tick bomb, of course no one knows for sure, but i doubt it very very much, that with a $100 Million valuation from the realestate that we do not trade much higher. Yes the value has always been there, but no one is realizing it, that is the reason why Toby wants to do the spin off of the realestate. I've seen it many times before, that when part of the company is

[TickBomb]

I'm with you blhawk.  20k more...  

[blhawk]

Tickbomb, i also picked some more up today, and will be picking more up soon when funds are availible.  Also have someone else who will be picking more up either fri or mon, things are getting intersting again, it's been a long long time.

[blhawk]

Staghorn,  it won't take much for this to move when it does, look at the market depth, there's really not much for sale, i put a order yesterday for 5000 at .53 and no-one sold, us here in the know, are mostly fully or close to fully invested and most not selling, and of course there's always sellers, who either don't really know whats happening, are on margin with other

[uudamann]

Somebody should contact Bruce Campbell at Stonecastle (see below). He was very positive on CIBT a few years back and had several appearances on BNN discussing detailed due diligence on CIBT, particularly the real estate. He has kicked the tires and met management. He probably knows the addresses of the various current properties, the number of rentable beds and what percentage of the rental income

[blhawk]

Staghorn, do you check your inbox? 

[Staghorn69]

Hey Blhawk I will have to check it when home - I can't seem to see my inbox on my iPhone !?!?!???  

[Staghorn69]

Figured it out blhawk, thanks...  much appreciated.  Will watch the call later tonight, but the updates from everyone sound good...  wish there wasn't just constantly shares available at this price though...  but that's the market.  If people actually do step up, would be nice to see the sellers hold on...