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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."


GREY:LGLTF - Post by User

KGIC Inc
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(11)
•••
Comment by Stylesson Aug 31, 2013 6:34pm
183 Views
Post# 21711876

RE:RE:RE:RE:13 million cash

RE:RE:RE:RE:13 million casha few things about your post. 

We don't have that much working capital/cash anymore. Can't just take the q2 #s at face value. You need to do adjustments since June 30th. Our working capital is far less actually.

Doubt we could get a $25M credit facility. We have 500K LOC in place iwth RBC...far cry from 25M!!


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