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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."

Bullboard (GREY:LGLTF)

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Post by FRIESLANDER02on Jan 30, 2017 6:44am

CIBT

After 20 yrs. MBA's operations barely break even. It is a mouse that never roared. Miraculously millions of dollars of student housing revenues have now risen like a phoenix, the latter flying ...more  
Comment by BearishBull01on Jan 29, 2017 11:02pm

RE:RE:MBA rental revenues escalation

A legal fight will happen.. the pref shareholders and debture holders arent just going to take it in the a$$..  honestly i think those who bought in between .02 to .005 will probably get thier ...more  
Comment by 60606060on Jan 29, 2017 10:52pm

RE:MBA rental revenues escalation

It's a hostile take-over and Toby wants to rush,rush, rush, before the dust settles. If he wants this company and the 2000 students presently in our schools, he should ask for all shares to be ...more  
Post by FRIESLANDER02on Jan 29, 2017 9:40pm

MBA rental revenues escalation

It doesn't make any sense. Actually ridiculous. CIBT has no track record in ESL. Why did BDO appoint them? A clear conflict of interest prior to Feb 7th. with no justification in the first place.  ...more  
Comment by EddySantanaon Jan 28, 2017 11:40pm

RE:RE:RE:RE:MUST READ

What do you expect when the value of the equity is worth 0? Under KGIC control the assets are not worth more than the outstanding debts, leaving the equity worthless. That's part of the risk of ...more  
Comment by Dadsman1on Jan 28, 2017 11:01pm

RE:RE:RE:RE:RE:RE:MUST READ

Chapter 11 is an American law. American laws don't apply to a Canadian company.
Comment by bluebird123on Jan 28, 2017 9:56pm

RE:RE:RE:RE:RE:MUST READ

If i was you , I would be more concerned with the money you lost than what Toby is doing  lol.
Comment by 60606060on Jan 28, 2017 9:54pm

RE:RE:RE:RE:RE:MUST READ

I'm surprised Internal Audit has disappeared after he and his wife have lost thousands on their PLC and TFSA. Am I the one of few concerned about my money? What the F788k
Comment by 60606060on Jan 28, 2017 9:47pm

RE:RE:RE:RE:MUST READ

Toby is doing a fast attack in a 10 day bet that no one will legally challenge him. 
Comment by blhawkon Jan 28, 2017 6:52pm

RE:RE:RE:MUST READ

You can, lol. i guess cause you lost, might as well have CIBT lose right, lol. Yes the debt went from $8 mil to $12.3 so can someone please rescue us shareholders, really.
Comment by bluebird123on Jan 28, 2017 1:43pm

RE:RE:RE:MUST READ

Do you actually think Toby would put up 3- million up if there is a remote chance of loosing it? lol
Comment by 60606060on Jan 28, 2017 1:06pm

RE:RE:MUST READ

Is Feb. 7 the end of the 10 day cooling off period- Snooze and we lose? If Shan is now in-charge can he sign for Chapter 11 thus eliminating CIBT's chapter 7? From where I sit it seems CIBT owns ...more  
Comment by 60606060on Jan 28, 2017 12:43pm

RE:MUST READ

How does this get to the courts-Shan Padda or shareholders?Who contacts the SEC on behave of all others getting burned here.
Post by BearishBull01on Jan 27, 2017 11:05pm

MUST READ

Ok first and foremost this entire thing is competely unreasonable..  Im not sure why people arent reading the news release as it is.. Its all there.. Nothing is done till Feb 7th..  but ...more  
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