Global Education Communities Corp T.GEC

Alternate Symbol(s): GECSF

Consumer Defensive Education & Training Services

Global Education Communities Corp. is a Canada-based education and student housing investment company. The Company is focused on the domestic and global education market. The Company operates business and language colleges, student-centric rental apartments, recruitment centers and corporate offices at 41 locations in Canada and abroad. Its education subsidiaries include Sprott Shaw College Corp., Sprott Shaw Language College, Vancouver International College Career Campus, and CIBT School of Business & Technology Corp. It offers over 150 educational programs in healthcare, business management, e-commerce, cyber-security, hotel management, emergency paramedic, and language training through these schools. It owns Global Education City Holdings Inc., an investment holding, and development company focused on education-related real estate. It also owns Global Education Alliance Inc. and Irix Design Group Inc. It serviced over 14,277 domestic and international students.

TSX:GEC - Post by User

Global Education Communities Corp

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Post by ggnineon Apr 04, 2011 11:38am

317 Views

Post# 18381630

CIBT may be a good buy right now

     In the latest letter to shareholders,we can see some of the problems in this business. (Worth reading)
    You can buy CIBT right now for approx. 20 Million dollars,    ( 70 million shares times .30 cents), as they have 10 million in cash, you will only have to outlay 10 million.
    They have revenue of 1 million a week,a growing business,and well positioned in the market.
     However someone is selling and no buyers are coming forward.
   Cibt is unloved, and I read somewhere thats when your supposed to buy..

    Wish I had the money.

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