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Bullboard - Stock Discussion Forum KGIC Inc LGLTF

Consumer Defensive Education & Training Services

"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."

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Comment by CoreyBon Jan 27, 2017 9:05pm

RE:Fight

Common shareholders are bottom of the barrel, nobody cares about us as long as they get rich. I agree CIBT seems unethical, but its business. Alex has already resigned along with 2 others, and the CFO ...more

188

Discussion

Comment by EddySantanaon Jan 27, 2017 8:59pm

RE:Fight

KGIC has no leverage and all of the KGIC directors have resigned. TORONTO, Jan. 26, 2017 /CNW/ - KGIC Inc. ("KGIC" or the "Company") (TSX VENTURE: LRN) announces ...more

188

Discussion

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Post by DonaldSalmon459on Jan 27, 2017 8:56pm

Fight

This whole thing must be Illegal or at least contestable in some ways. Too many people, shareholders, etc would be unfairly treated if this goes through. CIBTs style seems very unethical. I would ...more

208

Discussion

Comment by 60606060on Jan 27, 2017 8:31pm

RE:Guildwood

This whole thing is just stupid. BMO is stupid, Alex is stupid, all management are stupid. The product is good, teachers are great, but kick-backs, or scams, seem to be the thing ...more

142

Discussion

Comment by Yun321on Jan 27, 2017 7:25pm

RE:RE:RE:RE:CIBT called the loan

never trust these guys. just use these guys. these guys are demons

106

Discussion

Comment by Bigswedeon Jan 27, 2017 6:52pm

RE:RE:RE:CIBT called the loan

Can anyone honestly explain how KGIC got from here News Release October 17, 2016 KGIC Inc. Announces Proposed $9.725M Loan Facility V.LRN | October 17, 2016 TORONTO, ONTARIO--(Marketwired - Oct. 17 ...more

158

Discussion

Comment by 60606060on Jan 27, 2017 6:18pm

RE:RE:CIBT called the loan

CIBT owns KGIC after buying the debt for 3 million. What about our shares now. Are they going to buy them?

110

Discussion

Post by DonaldSalmon459on Jan 27, 2017 6:18pm

Question

Could some one please explain to me what happens to us as shareholders of LRN. Have we simply lost the value of all our LRN shares? Will receive anything for them? If so, how would that take place.? I ...more

174

Post by blhawkon Jan 27, 2017 6:15pm

Guildwood

Wrong again, so you thought that BMO, who's loan balloned to $12.5 mil, for some reason the shareholders were going to be saved but dumb BMO, TOOK $10MIL loss because they thought someone would ...more

218

Discussion

Comment by Yun321on Jan 27, 2017 6:10pm

RE:RE:CIBT called the loan

MBA is really good at this game. I will keep buying MBA, average up.

Discussion

Comment by birdie22on Jan 27, 2017 5:46pm

RE:CIBT called the loan

KGIC is bought ? by MBA? CIBT buys $12-million debt, closes $2-million placement 2017-01-25 20:37 ET - News Release Mr. Toby Chu reports CIBT REPORTS ...more

141

Discussion

Post by 60606060on Jan 27, 2017 5:07pm

CIBT called the loan

When did MBA become our chief lender and why?

172

Discussion

Comment by BearishBull01on Jan 27, 2017 4:38pm

RE:RE:Bids

Im sorry mybe i wasnt clear in my question.. why are there any sort of bidding when any investor would see what has happen and just cancel order.. why are bids increasing.. noone should be actually ...more

119

Discussion

Comment by dkolish01on Jan 27, 2017 4:10pm

RE:Bids

It simply the legal process. The receiver will call the cese trade order. Since there is no BOD. Then the company will be dissolved.

Discussion

Post by BearishBull01on Jan 27, 2017 3:52pm

Bids

Bids are slowly increasing.. someone with more knowledge explain to me why anyone would place a bid in apparent dead coming.. i always follow the volume.. like i said iv seen companies go broke ...more

157

Discussion

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