Everybody Loves Languages Corp V.ELL

Alternate Symbol(s): LMDCF

Consumer Cyclical Media - Diversified

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.

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Everybody Loves Languages Corp

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Comment by billy4325on Jun 03, 2016 12:29am

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Post# 24930135

RE:Read the quarterly filing on SEDAR

I'm not sure I understand your issue with amortizing intangible capital assets. This is normal accounting (the general idea being that initial development expenses are capitalized then expensed as amortization over the life of the asset while it is generating revenue). General and admin expenses are being expensed as normal.

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