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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

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Post by SHFlyonthewallon Sep 09, 2015 1:35pm
392 Views
Post# 24089657

Shut Down Everything.

Shut Down Everything.
Business For Sale wrote: We are only selling the assets of the company and will not transfer the shares of the corporation.


Can't think of any other school owned by corporation and traded on TSX so my guess is Urban International High School-- not Cornerstone as Hawkeye posted earlier. Both owned by $LOY and on shaky ground. Sources say miserable student numbers at both schools. Ask Ingrid Choi if she's willing to give up her $LOY shares, then we'll know.

Selling off of assets to keep your head above water is necessary. President Madagascar/Klerer doing the right thing streamlining but won't survive Q3. How many more shares can they dilute? Sold at .09 back in Aug. Kept a few for tomorrow. 

https://toronto.craigslist.ca/tor/bfs/5169108134.html
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