KGIC Inc LGLTF

RE:Must read what LOY Managers said

[SuperMoney]

SuperMoney wrote: Chief Operating Officer Shawn Klerer indicated: "The positives include a solid base of schools, strong organic growth, and highly valuable assets that can be monetized in the near term.” “ As of April, these schools have been integrated into other schools and we expect profitability to improve.” "The key objective for 2015 is a renewed focus on profitability with an emphasis on reducing the cost of operations and improving margins. Some initiatives have already been implemented and I will be spending the next 90 days uncovering additional opportunities to streamline operations and launching our previously announced student housing initiative."

"I'm very excited about the growth prospects for our student-housing unit. We continue to advance our initiatives through a two-stage process to create and surface the significant value embedded in Loyalist's large and attractive base of overseas students," said Shant Poladian, who will lead the housing subsidiary, which will be spun out of Loyalist."

Definitely, the stock will recover a lots tomorrow.  Cheers.

For those people who think the managers are all liars, please just ask yourselves why the managers are not arrested by policy? And why are you still caring about LOY instead of just leaving? LOY share price dropped from $0.50 to 0.075 that is huge financial disaster for our shareholders. Please be mercy to our shareholders and present facts instead of false words here. Thanks.