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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 > Fabrice's Response?
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Comment by ROIcrusaderon Feb 18, 2015 12:04pm
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Post# 23439714

RE:Fabrice's Response?

RE:Fabrice's Response?I'd like to hear what he has to say as well! He was juuuust on BNN saying he'd talked to management and they didn't need to raise cash... just as he was dumping shares I bet.

Disappointing to say the least, 6% commission, plus 5% equivalent in options. Hello dilution.

On the upside: typically these financings come with some kind of acquisition... hopefully.
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