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Everybody Loves Languages Corp V.ELL

Alternate Symbol(s):  LMDCF

Everybody Loves Languages Corp. is a Canada-based edtech language-learning and content development company. The Company provides online and print-based solutions through two distinct business units: Everybody Loves Languages Inc. (ELL) and Lingo Learning Inc. (Lingo Learning), a technology platform that delivers personalized learning experiences in classrooms and online. Its programs provide software as a service (SaaS)-based e-learning solutions, including online and offline content, a learning management system, assessments, real-time reports, speech recognition technology, and white-label tools. ELL’s market consists of educational institutions, such as elementary schools, high schools, vocation schools, universities, and corporations. It sells its online language learning solutions primarily in Latin America, Asia, Europe, and the United States. It offers a Learning Management System designed to enhance teaching languages online or in a blended environment.


TSXV:ELL - Post by User

Post by vicarioon Mar 16, 2016 4:00pm
157 Views
Post# 24666420

new app

new appI spoke with Gali last week and he noted that we could expect some product announcements over the next few weeks.  Also, when I spoke with Michael (January) he had indicated that they would be launching an app in Q2.  While I think the app is great (just makes sense to have this stuff available to phone/tablet users) I'm even more impressed that they are doing exactly what they said they were going to do.  With these smaller companies I care a lot about the integrity of management and am always looking to see if they keep their word.
Gali wouldn't talk too much in detail about contracts or financials as this information isn't public but reading between the lines I expect things to hum along nicely for LM.  Let's see how the Q4 results go. This will tell us a lot about the financials of the company.  In my opinion there is greater upside surprise risk than downside.

Full disclosure: I am long 266,000 shares of LM.
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