Does anyone remember LOY ??How soon people forget. This LM play sure sounds a lot like a play that went horribly wrong not long ago. LOY was a Korean language educational play that taught English in Canada. They came onto the market an soared from 8 cents to .75 cents. They started making nice profits and everyone wanted to own a few shares. Then this past May they were really late with the financials and were finally halted because they didnt produce them. When they finally did the shiiite hit the fan cause they went from profitable to losing HUGE money ...They just announced losing $28.5 mil in Q2 and trade at 7 cents...Just a reminder
LOYALIST ANNOUNCES RECORD THIRD QUARTER 2014 RESULTSLoyalist Group Ltd. has released financial results for the three and nine months ended Sept. 30, 2014.Third-quarter revenue for the three months ended Sept. 30, 2014, was a record $19.6-million, an increase of 93 per cent over the same period in 2013. Income from operations was $3.2-million, a 43-per-cent increase over the same period in 2013, while net income was $1.9-million, an increase of 14 per cent over the same period in 2013.
Loyalist loses $28.59-million in Q2
2015-08-26 22:45 MT - News Release
Mr. Shawn Klerer reports
LOYALIST ANNOUNCES SECOND QUARTER 2015 FINANCIAL RESULTS
Loyalist Group Ltd. has released financial results for the three and six months ended June 30, 2015.