KGIC Inc LGLTF

COMING OUT OF THE MIRE

[banx]

Investor confidence via fundraising efforts and a seemingly co-operative lender.
What's not to like?
MacGregor has done his homework.
They're not looking to raise big dollars but a modest $3 million knowing fully
well operational efficiencies are a must including timely collection of millions of dollars in receivables.
The current pref share offering is a gift with the allowance of a 3 year 5 cent conversion.
KGIC has become an evolving stock play with step by step forward advancement.
Too much investor money has been blown here in the past and investors are wary.
MacGregor is doing a solid job thus far to alter investor optics.
In 2015 LRN was the leader in the worst stock performer category on the Venture.
We are seeing evidence of the start of a remarkable turnaround.
Upside evident and imminent.....


"This offering represents another step in the continued stabilization of the company," said Dr. Alex MacGregor, the recently appointed chief executive officer and director of KGIC. "The initial review of the company's operations has confirmed my strong belief that there is a very real opportunity to restore this company's position as a leader in the ESL education space and the proceeds of this offering will give the company's new management the resources to execute on its new plan of operation, restructure the existing Bank of Montreal loan facility, and restore confidence in the company's performance and reliability."