KGIC Inc LGLTF

Any word from Fabrice?

[tarsands]

Does or did he say any more regarding LOY. Other then what he said on BNN?

[TraderJo2]

Just that he was sure nothing surprising would be in the report.

[makemoney4]

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[stack]

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[smithgee]

let's not forget IM.TO ... halted and won't get more than .18, or what about DVO.U or hey NXX.v ... i

[makemoney4]

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[thedave2006]

as tweeted..... And to those that are ripping Fabrice on LOY, to err is to be human. He didn't force anyone to buy into LOY. You are only accountablefor your own good and also bad decisions, no one forced me to hold for almost 3 yrs, no one forced me to try to flip some shares today....if LOY can bounce a little, I can make a little on a trade and if LOY can hold say 0.15. I can say I can even

[probability25]

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[micromanager]

The only people responsible for this are the management that were in place between September 2014 and May 2015.  They clearly misled the investment community

[makemoney4]

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[AbNormAl]

For what is worth, I think the pain is largely over. The base business model is solid; I think all would agree. Professionals have taken the wheel now. With a potential "flip" in reputation. LOY will have possible access to other schools to take out. On a personal level, I see this as a good re-entry point. glta

[60606060]

New senior management and cost cutting and prudent use of revenues will make this company grow-no doubt.

[micromanager]

Premium just got an email at 11:55am from him.  I'm not going to post it because it's unfair to those who pay a lot to get it but basically it's very detailed and is a sell unless 1) you are ready to take on huge risk and dilution and average down and 2) willing to wait a long time for a turn around.  But so many unknowns and risks and cash is needed immediately.  q3

[Joseph_K]

Wow, that sucks.   I was tempted to buy a little at .175, but after reading Fabrice's paraphrased comments, I think I'll pass and see if .12 is on the horizon.

[crassus02]

He was wrong on the long side so probably wrong on the sell call!

[snootchybootchy]

I agree.  Seems to me like there is lots of anger/panic selling.  I should have sold before the news release but I don't see much benefit participating in this anger selling at this point.  The response from management here is quite a bit different than V.VFX.  There appears to be competent and talented people willing to take up Messrs. Ryu and Chornaboy's reins.  

[makemoney4]

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[snootchybootchy]

With a % revenue to market-cap of over 250% right now, I'm willing to see if management can cut costs.  I bought 14k more shares -- hope we're near the bottom.