KGIC Inc LGLTF

Conclusion

[tmf3333]

I've come to the conclusion that this stock is going nowhere unless Q3 blows everyone away.  The CFO leaving really did not leave a good impression on me and I'm finally at the tipping point of getting the heck out.

[sirbarfalot]

What are you waiting for? Q2 revenues are down 75%. There is a revolving door in the executive suite and board room.

[tmf3333]

Well, they are grossly undervalued and that's an understatement.  The CEO comes with vast credability and experience and cleaned house immediately.  They have some assets they can sell to clear up some debt.  They've made steps to fix their operating margins which are terrible and is what is really driving the company to the ground.  This isn't a quick fix by no

[sirbarfalot]

Operating margins? Go back to the drawing board? Strides? Drawing board? Wake up and smell the coffee. There ARE NO REVENUES! It is in black and white! Ryu, the founder and one time visionary, flew the coup followed by one CFO after another. It's over. I'm out before Morrison realizes he has made a mistake.

[tmf3333]

Once again you are basing this on PREVIOUS management.  The time to get out 100% is Q3 release if no improvement is shown.  I'm gonna take a WILD stab in the dark that you are probably in your late teens, early twenties or a not very mature adult based on your username.  So it's kinda hard to take any advice from someone with the name sirbarfalot who claims to have gotten

[Gerritos]

What assets do they have to sell? Zip. Unless they want to start selling schools. These guys are toast