KGIC Inc LGLTF

Must read what LOY Managers said

[SuperMoney]

Chief Operating Officer Shawn Klerer indicated: "The positives include a solid base of schools, strong organic growth, and highly valuable assets that can be monetized in the near term.” “ As of April, these schools have been integrated into other schools and we expect profitability to improve.” "The key objective for 2015 is a renewed focus on profitability with an emphasis on reducing the cost of operations and improving margins. Some initiatives have already been implemented and I will be spending the next 90 days uncovering additional opportunities to streamline operations and launching our previously announced student housing initiative."

"I'm very excited about the growth prospects for our student-housing unit. We continue to advance our initiatives through a two-stage process to create and surface the significant value embedded in Loyalist's large and attractive base of overseas students," said Shant Poladian, who will lead the housing subsidiary, which will be spun out of Loyalist."

Definitely, the stock will recover a lots tomorrow.  Cheers.

[Winny1]

So why did it drop today instead of recover? So risky, but the risk is a lot less than yesterday at 7 cents that's for sure. If you can time it right, you can make a lot from the bounce. GLTA

[kim2015]

I stopped believing LOY news releases any more after reading their news releases of Record Earning, Record Growth and bright prospect, followed by a $20M loss.   Please go back to their past 2 years of news releases which were pure promotional.  They can even call this fiasco a bright prospect of future?  Can 14 great schools prosper with no cash to meet payroll?  Give me a

[Papagallo]

How stupid are you? What do you expect him to say? 

[SuperMoney]

For those people who think the managers are all liars, please just ask yourselves why the managers are not arrested by policy? And why are you still caring about LOY instead of just leaving? LOY share price dropped from $0.50 to 0.075 that is huge financial disaster for our shareholders. Please be mercy to our shareholders and present facts instead of false words here. Thanks.

[micromanager]

Andrew Ryu, the "sick" CFO and the recently former board of directors should get detention old school - 100 slaps each with a hard rubber ruler.  Then a jail cell