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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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Bullboard (GREY:LGLTF)
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•••
guildwood1
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Post by
guildwood1
on Dec 02, 2016 5:03pm
Well that changed quickly.
How did this ... "Based on discussions that we have had with debtholders to date, we have received confirmation that holders of approximately $19.4 million, or 70%, of the Company's
...more
(71)
•••
BearishBull01
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Comment by
BearishBull01
on Dec 02, 2016 4:40pm
RE:RE:RE:Holy fk 11plus mill shares!
Lender with a firm commitment of up to 9mill when the debt structure gets completed. check news release in Oct, youll see it there..
International Lithium to Receive CAD$2.2m plus a 2% Net Smelter Royalty Following Reduction of Interest in Its Non-Core Avalonia Project
posted Sep 17, 2024 9:00am by
International Lithium Corp.
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|
John Wisbey, Chairman and CEO, commented: "We are pleased to have concluded this transaction, strengthening our balance sheet and enabling the Board to focus on its other operations. We had for some time regarded our stake in Avalonia as a non-strategic asset, the more so as it would have reduced to 21% with further expenditure by our partner Ganfeng, and the project still requires ...read more
(44)
•••
wictor11
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Comment by
wictor11
on Dec 02, 2016 4:38pm
RE:RE:Holy fk 11plus mill shares!
what white knight? I didn't get anything positive out of that release except that they had a better quarter then last.
(71)
•••
BearishBull01
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Post by
BearishBull01
on Dec 02, 2016 4:06pm
Holy fk 11plus mill shares!
Yup, the biggest accumlation in very long time.. Buyers brought it back to .1 cent knowing very well the incredible return it could have. very last piece is Debt restructure.. At all costs it needs to
...more
(13)
•••
60606060
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Comment by
60606060
on Dec 02, 2016 3:52pm
RE:Great news
Alex said KGIC can't continue without lenders complying with the cuts. No one will loan new money without these debt holders complying. Will the government step in to save the company. What's
...more
(71)
•••
BearishBull01
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Post by
BearishBull01
on Dec 02, 2016 3:22pm
Great news
Amazing Job .. Has stopped the bleeding.. And the turnaround plan is definintly in play.. Each qaurter losses have dramaticlly decreased.. Only issue is the company really needs to fix its capital
...more
(0)
•••
Yun321
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Post by
Yun321
on Dec 02, 2016 2:55pm
KGIC loses $1.72-million in Q3 2016
too bad, going bankrupt
(13)
•••
60606060
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Post by
60606060
on Dec 02, 2016 12:12pm
When will the share consolidation take place?
We'll get some regular trading after the SP is in the twenties. I guess we need about twenty days of 2-21/2 cents before a ten-for-one consolidation can happen. Any knowledge about Big Mac's
...more
(0)
•••
Yun321
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Comment by
Yun321
on Nov 30, 2016 6:51pm
RE:RE:bad stuff ahead
other than Jim, no one else agree with me ? come on
(0)
•••
jimbrofski
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Comment by
jimbrofski
on Nov 30, 2016 3:44pm
RE:bad stuff ahead
Well put Yun. Anything's in play right now but, based on their history(and their present really) nothing good is coming.
(0)
•••
Yun321
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Post by
Yun321
on Nov 30, 2016 3:32pm
bad stuff ahead
this look like last year, CFO resign before Q3 release. Q3 release was delayed. Then almost went bankrupt. Maybe just go bankrupt this time.
(0)
•••
jimbrofski
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Comment by
jimbrofski
on Nov 29, 2016 2:14pm
RE:RE:RE:RE:RE:Collective Agreements
I think it is pretty clear you two clowns are one and the same, if not in person then in blatant ignorance. What do you know about this company/industry? What have either of you contributed. Nada to
...more
(0)
•••
jimbrofski
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Comment by
jimbrofski
on Nov 29, 2016 2:12pm
RE:God damn CoreyB
What about the stringent new government accounting regulations? Do you think KGIC can hold up to the long arm of the taxman's auditors? I'm curious what you think.
(71)
•••
BearishBull01
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Post by
BearishBull01
on Nov 29, 2016 2:04pm
God damn CoreyB
You kentucky fried chicken that Motherfker... back to the stuff that matters... Tic toc on news , patience is the name of the game
(0)
•••
jimbrofski
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Comment by
jimbrofski
on Nov 29, 2016 1:43pm
RE:RE:RE:RE:Collective Agreements
Thanks again Corey. I appreciate your character defining display. How do you think the new government regulation on the private post-secondary esl industry will affect KGIC school? Are you aware of
...more
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