KGIC Inc LGLTF

RE:RE:RE:How? When? Why?

[guildwood1]

There was was a lot more positive attached to what I heard too but I didn't get 100% confirmation so I didn't  inform or move on it. Glad I didn't as now that these details have been released I don't see how what I heard could still possibly take place. It doesn't make sense. Oh well I doubt we will have an opportunity to sell any so we're stuck here until the death to find out if this miracle will still happen or not but it involves a well financed US private equality firm. I can't  possibly imagine it to be true at this point. The fact that BMO sold their $12 million for $3 million and that no one is running the company in its best interest anymore pretty much solidifies this play is dead to me. GL all. 

InternalAudit68 wrote: No wonder you were telling me that good news was coming out.  

Really appreciate it.  Not many people would tell a bunch of anonymous people important tidbits. 

guildwood1 wrote: I know now for a fact Big Mac was aware of this however this info that I picked up through the wire is this deal would be beneficial to shareholders and that it would all take place by end of January and that he would be resigning however I see know that beneficial only to BMO and CIBT not KGIC. This is a spiteful F U to the debunture holders that were too greedy to accept the offering. They get zero now instead of a refunded and restructured kgic with reborn potential. Zero. Hope they're happy. 

Bigswede wrote:
I would like to know when CIBT began negotiations with BMO and if Alex MacGregor and KGIC were aware of this happening. Why was it possible for anyone to take over this secure loan for a measely 3.1 mil and then demand it paid the next day. I'd like to have been a mouse in the corner. I don't see why anybody would have ever bought LRN had they any knowledge this was taking place. Very unfair and underhanded.