KGIC Inc LGLTF

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"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."

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KGIC Inc > Trelawny whats your first/last name?

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Comment by Trelawnyon Jun 18, 2015 7:41am

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Post# 23842904

RE:RE:RE:RE:RE:Trelawny whats your first/last name?

Snoochy,
no we did not participate.

Just prior to that deal I had just begun to accumulate a position and had met with management. I went through their financials quite thoroughly, particularly around their ability to effect another acquisition.

They stated that they were confident that they could make more acquisitions with their current Financial resources. Within 3 weeks or so they were shopping that deal.

I lit management up like a Christmas tree when they came around to pitch the deal. I sold my shares after the deal closed and the share price stabilized.

I need to have confidence and trust management: After that I had neither, so I sold my shares.

Best regards,

Best regards,

Trelawny

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