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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

Post by 000buckshoton Jun 04, 2016 9:20am
119 Views
Post# 24934069

INCOMPETENCE or something else?

INCOMPETENCE or something else?On Dec 9, 2014 LRN acquires UHAK for 5.3 million in cash. On Oct 29, 2015 Klerer sells UHAK for 100 grand. UHAK had a net bottom line for 2013 of one million dollars and a 35 yr. track record with world wide assets and aggregate tuition fees of 40 million per annum. Between Dec 2014 and Oct 2015 LRN's board led by his Hon. James Peterson accepted a 1 million dollar loan from RYU at 18% simultaneously buying 40 cent PP shares. Current board chairman might be from the same neighbourhood as Robert Morrison. Luckily Seymour's pet pointed out Ryu's entanglements with Smith in case we missed it.
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