RE:RE:RE:Wow again...!CIBT is a mickey mouse collection of low budget night schools grinding along for almost 30 yrs. providing basic training for entry level positions in the hospitality industry, etc. Many of their locations lie outside Vancouver and look quite bare bones and even a bit shabby. Most of the 'students' have day jobs and commute from their homes to their evening classes. Once over they return home before midnight.
This guy Toby Chu comes off like a dancing puppet controlled by something or someone that produced financials exhibiting enormous net rental incomes on the balance sheet, year after year, that were mathematically impossible. It is hard to know what game is being played but a game it is. It now has been many years since Bruce Campbell extolled on Toby's vision and on Bruce's guided tours of CIBT's Vancouver 'real esate' holdings during several BNN cameo appearances. Some of my colleagues laughed out loud.
Of all the potential purchasers for the deeply discounted KGIC assets, it is more than a coincidence they returned to the CIBT tent after initially departing in 2013. Such a virtuous circle, not to mention the enormous capital gains accrued to CIBT, was rather hilarious in its preposterousness. Watch the bounding ball and the goings on at Datemetrex. V.DM.