KGIC Inc LGLTF

RE:This is a bottom-fishing opportunity.

[kim2015]

New management is insulting our intelligent. Since when a venture company can 'Cost Cut to Riches"? When 50% of its revenue is gone according to Q1 report, with bad reputation in the investment and education sectors, cost cutting can generate new enrollments and cash? He is joking, right? Why would new investors or developers be willing to work with a defunct company trusting that if they can not run a decent school business, they can be a guru in student housing? Annual report page 30 said LOY loss over (-$1.1 million) last year in housing business. Housing Income $5.9 less $7.09 Occupancy Cost Q1 report page 30 said LOY loss $0.8M during Q1 under Housing Revenue $1.1M and Occupancy Cost $1.9M = ($0.8M loss). Whatever they said in the news release about compelling businesses are all lies. They were looking for a way out and keep investors in. How much sectorial experience (education or student housing) do they have with CEO + CFO combined? 8 - 10 weeks!! They came from different worlds. How much money do that have to start up this EXCITING student housing business? "zero". I spoke with several investment dealers and they loss "millions" in the past few days and they would spit on RYU's grave. Whoever wants to fund LOY's class action lawsuit expenses they should buy some stocks now so that insiders can sell you some stocks and bail out at 0.07. the CEO thanked Ryu for taking LOY to today's state. I almost puked. That was rubbing salt to 50 million wounds.