TSXV:CHN.H - Post by User
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IRISSIRIOUSon Sep 08, 2016 11:51am
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Post# 25218084
LINGO MEDIA (Look Again, for the First Time)
LINGO MEDIA (Look Again, for the First Time)I had a chat with Dan Boase last week, speaking for Michael Kraft who was overseas. He provided me a no bulls**t commentary on where the company is headed. The point that he made clear, is that they are not resting on their laurels where their legacy China revenue is concerned. A good percentage of focus is now South America, where they are making great headway with "ELL Technologies" (digital English Language Learning) via their distribution partner "Telephnica". And while they have only just scraped the surface, the market capture could prove formidable, especially when you consider the potential associated with buy-in from the MOE's (Ministry of Education), in many Latin American countries. In my opinion, I firmly beleive that this company is preparing to open the English language learning frontier wide open. And while their year over year quarter (recently released) is nothing to sing about, one should consider that the majority of focus of late has been largely restricted to development, in setting the table for increased extension into these newer, burgeoning markets. I for one, have taken a position (my first) in a company that arguably is sitting firmly at the bottom, poised for immediate renewal and return. That said, I suggest that you do your own research, before investing in Lingo Media. Happy Trading!