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KGIC Inc LGLTF

"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

Comment by Trelawnyon Jun 18, 2015 7:58am
189 Views
Post# 23842937

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

RE:RE:RE:RE:RE:Trelawny whats your first/last name?Internal,
if they assumed their liabilities then it still has a material impact. Further, unless the acquisitions increased the firm revenue by 10X then this payables is a big issue.

Closing costs - including audit and legals - would also not explain payables that large.

Best regards,


Trelawny
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