KGIC Inc LGLTF

News

[Alister11]

LOYALIST GROUP LIMITED ("LOY") BULLETIN TYPE: Shares for Debt BULLETIN DATE: July 29, 2015 TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing the Company's proposal to issue 948,501 shares to settle outstanding debt for $65,895.10. Number of Creditors: 2 Creditors The Company shall issue a news release when the shares are issued and the debt extinguished. https://news.sys-con.com/node/3390699

[InternalAudit68]

This post has been removed in accordance with Community Policy

[BigShoes13]

Was some buying today. Hopefully it continues tomorrow.

[60606060]

Could that be Ryu as creditor for the 18.5% loan of 2914?

[TruthLogic]

This post has been removed in accordance with Community Policy

[tmf3333]

Right now, it's tough to be long term on this stock.  You won't really know until Q3 is released which would tell us if they are headed in the right direction.  At .07 based on their earnings, it's a cheap stock to make a quick buck in a couple of months.  I was one of the longs that got taken but I'm glad I didn't have a huge position so I was able to average

[Yun321]

No need to discuss here unless we see Q2 numbers / improvement.

[Frontwind]

what sort of bullsheet is truthlogic talking about???

[TruthLogic]

This post has been removed in accordance with Community Policy

[Papagallo]

LOY is finished....cash flow so bad they can't pay a lousy $70K so issue another million shares and screw shareholders with more dilution. Bankruptcy all but certain within 90 days. Ryu is a malignant cancer that continues to spread even after removal.

[schoolboy]

Well said. I really don't know why this company is still operational. Something is wrong with the system. I'm constantly amazed by how many companies get by through superficial manipulation like this. This company has no business being in business. It's just a matter of time. I also give it 90 days.