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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 > Is Papa a saint that helps or a Short Ali?
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Post by 60606060 on Jun 12, 2015 6:38pm

Is Papa a saint that helps or a Short Ali?

He seems adament for bankruptcy but we know one slight cut and we are up.
Comment by Papagallo on Jun 12, 2015 6:50pm
I am neither...I am a shareholder that was ripped off by the lying scumbags that are Ryu and Chornoboy. They are both in serious trouble and will soon face the music. This is not a company that simply missed numbers and ran a little late. These are fraudsters who manipulate, lie and cheat.
Comment by 60606060 on Jun 12, 2015 7:17pm
Ryu hired Chronoboy for the Q4 and Q1 for suspicious reasons in my mind as 6 months would be time for manipulations before reports. Knowing the CFO last job and how others were charged $750 000 for their part in some criminal thing but he wasn't found guilty for some reason makes me wonder why everything went from great to dead fast in LOY. Tons of money given away like some fire sale.
Comment by calenderj on Jun 12, 2015 7:19pm
This post has been removed in accordance with Community Policy
Comment by 60606060 on Jun 12, 2015 7:30pm
I bought last year. Still holding.
Comment by micromanager on Jun 12, 2015 10:01pm
In Papa's defense it's impossible not to agree. Ryu and Chornoby straight up lied.  The board at the time consisted of pretty good guys with good business backgrounds who clearly were complacent and failed their fiduciary duties to ensure there were financial and internal controls in place.  The new management needs to raise money fast.   There is a business here but ...more  
Comment by calenderj on Jun 12, 2015 6:57pm
This post has been removed in accordance with Community Policy