Global Education Communities Corp T.GEC

Alternate Symbol(s): GECSF

Consumer Defensive Education & Training Services

Global Education Communities Corp. is a Canada-based education and student housing investment company. The Company is focused on the domestic and global education market. The Company operates business and language colleges, student-centric rental apartments, recruitment centers and corporate offices at 41 locations in Canada and abroad. Its education subsidiaries include Sprott Shaw College Corp., Sprott Shaw Language College, Vancouver International College Career Campus, and CIBT School of Business & Technology Corp. It offers over 150 educational programs in healthcare, business management, e-commerce, cyber-security, hotel management, emergency paramedic, and language training through these schools. It owns Global Education City Holdings Inc., an investment holding, and development company focused on education-related real estate. It also owns Global Education Alliance Inc. and Irix Design Group Inc. It serviced over 14,277 domestic and international students.

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Global Education Communities Corp

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Comment by Staghorn69on Apr 24, 2017 12:04pm

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Post# 26157450

RE:RE:Will the CIBT's MegaProject get an expedited schedule too?

Purse - good to see you on the board. IF you look back at the January 10, 2017 News Release, it explains the plan to finance these projects. Basically the financiers get % of ownership in the projects, not an equity dilution from CIBT. CIBT has a 20% (and I think higher for SuperCentre?) ownership position in the projects, plus I expect Toby to increase that position going forward through management fees. Great model, and worth $$$ to CIBT.

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