KGIC Inc LGLTF

If you loaned LOY money

[Sir_Holler]

would you want your money back as soon as possible after seeing this?

[nnneilio]

You know who loaned LOY money?  "As at December 31, 2014, the Company had a subordinated short-term loan payable to the Chief  Executive Officer in the amount of $829,756 (2013 – NIL), bearing interest at 18%, due August 31,  2015. In 2014, the Company incurred interest and other costs of $84,589 (2013 – NIL) related to  the loan." Seems legit, he loaned

[B8lair8]

No you have not misunderstood this fact. He has extorted money from his own company and now that company needs to raise still more. Good luck with that... B.