KGIC Inc LGLTF

Got filled for another 50000 today at .07 cents and ...

[al182]

Will buy 100000 if hit goes to .05 cents. Odds are good to see one rebound to about .15 cents .glta

[SuperMoney]

Dianne Simmons, who has been an instructor at the school in Vancouver for 16 years, said that the teaching body want to go back to the bargaining table with Loyalist Group. The school currently has around 350-400 students enrolled, with this season being their busiest time of the year. Simmons confirmed that she wasn’t too concerned about the company’s fast pace of growth. “We’ve always been

[SuperMoney]

Don't be influenced by rumors and fictive comments on this Bullborad. In order to avoid losing your hard-earned money, only follow the news from the company and facts from good media. Please remember (as LOY and also school instructor said) that: (1) this is the busiest season of the year; (2) they are profitable schools; (3) international students demand for ESL are significantly rising

[InternalAudit68]

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[InternalAudit68]

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[BigShoes13]

The details of the forebearance agreement? That will be some pretty dry reading. It will simply specify how much is owing. Say the bank will not do anything if they raise $2.8 million. And then specify that the bank is to be paid out in full by September. If the company doesn't comply then the bank can realize on its security.

[InternalAudit68]

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[BigShoes13]

Well we will see but based on the NR it is due. If the company doesn't pay then the bank decides what to do. Even if it doesn't pay the bank is going to work with the company. If the bank closes down the company it will not get paid in full so it is in the bank's interest to work with the company.

[InternalAudit68]

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[SuperMoney]

> The problem makes me really worry, as a shareholder, is that if LOY miss the due date for the huge $10m loan, mo matter what is the final result, the share price could go to $0.005-0.01 and then takes time for LOY to work with the bank. If not work out, then file bankrupcy. So, now the question for us is if our shareholders still like to hold our shares for that risk?

[InternalAudit68]

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[SuperMoney]

InternalAudit68, yes, you are right. The news from LOY are not consistent and sometimes they are confusion. I also feel something likely hidden in the news that make me quite concern. Is there something that could be going wrong??

[InternalAudit68]

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[TechTarget]

If they end early, it's a good sign.  Means they have oversubscribed on the phase 2. The trading around these levels confirms a good base at 7 cents.  Time to load up!  Once the Phase2 is concerned, we'll see double digits.

[InternalAudit68]

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[TruthLogic]

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[davekin]

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[InternalAudit68]

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[InternalAudit68]

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