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KGIC Inc LGLTF

Consumer Defensive Education & Training Services
"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

KGIC Inc > News and financials out!
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Comment by banxon May 02, 2016 9:16am
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Post# 24831909

RE:News and financials out!

RE:News and financials out!Lots of info to absorb.
But all positive.
The conv Deb was amended to allow for a full warrant with a 5 cent strike as opposed to a half warrant---a great deal for those buying in.
The Forbearance will end once the $$ comes in and the debt will be converted into a term loan.
Also announced is a new board member with serious number crunching cred.
Q1 numbers should be interesting.

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