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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 > Andrew Ryu is back
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Post by wiseinvestor99 on Dec 23, 2015 12:43pm

Andrew Ryu is back

The man responsible for single-handedly bringing down the Loyalist Group is back. He is back with a brand new team to drive the company down once again to the sewers. The claims on the Stockhouse board made by the investors about Andrew for past 8 months were proven to be all true. He was responsible for the market manipulation and fabrication of financial documents. Dont believe me? Just go check the KGIC Inc stock price history and the financial statements. Thanks to Andrew Ryu, all the true Loyalist investors lost all their hard earned money including myself. Dr. Alex MacGregor and Geoffrey Smith are Andrew Ryus pawn. Do some research and you will find out the Geoffrey Smith is Andrew Ryus new IT companys business partner at cozumo.com. The news claiming that KGICs new management has made agreement with BMO is another manipulation work of Andrew Ryu. KGIC Inc. ("KGIC" or the "Company") (TSX VENTURE:LRN) announces that it has reached an agreement in principle with the Company's senior lender, Bank of Montreal ("BMO"). The key word here is in principle, which means, in theory, NOT FACT. BMO has not even reviewed the offer by this new management, yet this news makes investors think that an agreement has already been signed. Another company has already made a favorable offer to BMO for KGIC Inc, and it wouldnt make sense for BMO to take the new KGIC managements offer. Before I had your curiosity, and since I now have your attention- lets get down to what Andrew and his team, Dr. Alex MacGregor and Geoffrey Smith are up to. Its quite simple actually, they will buy KGIC stocks, and they will drive the stock prices up, and soon they will sell. From this profit, they will pay back BMOs loan. Then they will sell the schools and make money off the sales. Honestly, it is a brilliant plan, malicious but brilliant. Andrew is not here to grow or revive the schools, but he is trying to milk money off these schools once again. The new management team not planning to invest new funding for the operation of the company, there will be no new injection of money to revive KGIC Inc. - this is the FACT. SEC Vancouvers landlord closed the school doors yesterday because they are not able to pay rent. This was just a warning, and payment of rent cheques for schools has been cancelled. All the vendor payments will not be coming from head office, not even homestay fees because the new management has no money, but I am sure that they will have a new fancy business plan to revive the company to dazzle the investors and the employees. This is just the beginning of the chaos
Comment by Zerosum on Dec 23, 2015 1:04pm
Well then... there we are. I have doubts too. You can always pay a Front wih credentials. Seen it to many times. As for Cosumo, looks like it's wants to go public but had a set back in Nov. KGIC has an active listing don't you know. Then again I could be wrong. One way shut people up is to put up fast. https://finance.yahoo.com/news/carrington-acquisition-corporation-announces-details ...more  
Comment by 60606060 on Dec 23, 2015 1:34pm
Do you have a link for Cosumo? Also, any background checks on the new management?
Comment by rinchengyatso on Dec 23, 2015 1:35pm
https://www.newswire.ca/news-releases/carrington-acquisition-corporation-announces-details-regarding-qualifying-transaction-with-cozumo-inc-522329701.html
Comment by rinchengyatso on Dec 23, 2015 1:36pm
https://cozumo.com/a/cozumo-engages-peterson-capital/
Comment by 60606060 on Dec 23, 2015 4:42pm
Our new CEO was was woking for Cozumo. Cozumo's new CEO is A. Ryu.
Comment by Yun321 on Dec 23, 2015 5:24pm
606060, you still believe this one ?
Comment by rinchengyatso on Dec 23, 2015 1:39pm
Yes, interesting to note that Peterson worked with Ryu on Loyalist Group, and now with Cozuma...this whole KGIC thing has now become a very recognizable scam.
Comment by Zerosum on Dec 23, 2015 1:58pm
None the less this may be worth more alive than dead. Then again what do I know.
Comment by Zerosum on Dec 23, 2015 2:05pm
How alive is the question.
Comment by rinchengyatso on Dec 23, 2015 2:15pm
Mr. Morrison had somethign to say about the situation... https://www.theglobeandmail.com/report-on-business/rob-magazine/the-heartbreaking-but-all-too-common-downfall-of-xyz-corp/article560062/?page=all When the board and senior management become too cozy...
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