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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 Moneyday0on Feb 03, 2016 8:09pm
92 Views
Post# 24522299

RE:BACK TO THE FUTURE

RE:BACK TO THE FUTUREAgree! 2 questions though for shareholders: 1) anyone have a copy of actual bailiff notice that was supposed cause of closure Feb 2 that cancelled all classes and subsequent Feb 3 with classes relocated at other venues. Are we certain it was closed account bailiff. Isnt there a 10 15 or 30 day notice usually put up before bailiffs come in and take everything? 2) how could they let this slip intentionally unless they cannot use the PP monies until closed. Gotta question now just how competent new COO (former ceo) really is if he let this slide and not negotiate some kind of arrangement knowing bailiff gonna be showing up. Just too much speculation and reading between lines without facts. Still maintain no way a Doc of MacGregor caliper will let this damage his reputation by going under. If this fails under his watch after stating things in bad shape but he is fixing up, well.... Certainly seams he has no choice but support KGIC for if it fails, his pharma school, reputation, and future endeavors will certainly be burdened to extreme measures. No way he will let this happen. Bottom line. Wait for the facts and at worst this stock is a hold. For this investor it's still a buy with downside risk minimized based on one criteria - NO WAY MacG will let this fail!!! But, it is time for an update from mngt for certain!
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