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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 > Outsiders brought in to close it down?
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Post by schoolboy on Dec 21, 2015 5:20pm

Outsiders brought in to close it down?

Why else would they change management at the final hour? If a ship is sinking, you don't arrange a helicopter to exchange the old crew for a new one.

What happened to their "Optimization Plan"?

It seems obvious that the existing people didn't want this disaster on their resumes, so they brought in others with no previous involvement. It's pretty much the same logic as the Loyalist / KGIC name change.
Comment by Yun321 on Dec 21, 2015 5:38pm
So far, you are always right on this one. Hope that you are wrong this time.
Comment by banx on Dec 21, 2015 6:23pm
I'm guessing: New team New philosophy New money. The new group ain't coming in to fail. Logic suggests they're looking to prevail. Prev players failed and this is why investors are presented with an opportunity to do some calculated Gambling. I'm betting on forward success. Success will translate to significant returns on investment.
Comment by InternalAudit68 on Dec 21, 2015 6:30pm
This post has been removed in accordance with Community Policy
Comment by InternalAudit68 on Dec 21, 2015 6:33pm
This post has been removed in accordance with Community Policy
Comment by kijiji on Dec 21, 2015 6:46pm
Yes,  from .05 cents this is definetely a gamble worth taking.
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