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Bullboard - Stock Discussion Forum 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 Discussion

KGIC Inc > Halt
View:
Post by BigPapaStock on Feb 24, 2015 9:22am

Halt

 

Loyalist Group halted at 6:07 a.m. PT

2015-02-24 09:11 ET - Halt Trading

 

Loyalist Group Ltd. has been halted at 6:07 a.m. PT on Feb. 24, 2015, at the company's request, pending news.

Comment by BigPapaStock on Feb 24, 2015 9:23am
This could be about the financing, but I highly doubt it.  I think we're going to find out why that financing was done.
Comment by ROIcrusader on Feb 24, 2015 9:41am
Agreed... it's very rare for a stock to be halted on the completion of a financing. It's much more likely that the announcement will be regarding the intended use of the funds, as per BigPapa ... GLTA
Comment by BigPapaStock on Feb 24, 2015 9:59am
No point speculating.  We'll find out shortly.