KGIC Inc LGLTF

KGIC INDIA

[banx]

First hire should be Jimbo.
Brown skin is in.

KGIC solidifies Guru Kashi ESL agreement

KGIC Inc (C:LRN) 
Shares Issued 179,169,923
Last Close 5/26/2016 $0.025
Friday May 27 2016 - News Release

Dr. Alex MacGregor reports

KGIC ANNOUNCES NEW STRATEGIC RELATIONSHIP WITH GURU KASHI UNIVERSITY, PUNJAB, INDIA

KGIC Inc., following a previously announced memorandum of understanding, has completed an education collaboration agreement with Guru Kashi University (GKU) in Punjab, India. The collaboration provides Guru Kashi University with an ESL-pathway centre facility in India, under the aegis of KGIC, to begin the integration and transition to KGIC's offerings early in the student's enrolment cycle.

Under the exclusive agreement, KGIC will provide integrated ESL courses to existing students of GKU, as well as provide the requisite ESL-pathway education to graduating students who are eligible for admission into Canadian universities and colleges. This unique relationship is material to the company's operations and will provide KGIC with immediate access to student bodies of 18,000 to 20,000 in India. It will also provide access to approximately 2,000 students expected to enroll in KGIC's ESL-pathway courses in Canada. 

We seek Safe Harbor.

[banx]

This is big news. I had to read it twice. Now i know why they used the phrase: "material to the company's operations". There's a massive rev opportunity that heretofore has been untapped. Putting it out today was def not the brightest move, though.

[jimbrofski]

Wow this big news. They are on the forefront, breaking new ground. This is like the cold fusion of the ESL world, a revolution. There isn't a single other Canadian private ESL school operating internationally(aside from the US, UK, Australia and the like). How didn't these other schools see this? Its brilliant! Except it involves 20,000 students at a University of Phoenix type operation

[jimbrofski]

Hahahaha. This is funny. Call CIC and ask them how many ESL students qualify for entry to Canada at a third rate near bankrupt ESL school, let alone a quality one (Kaplan, Global Village, EC, ILSC). This is perfect fodder for ill-informed investors. Its a clever slight of hand. They are making goofs of you all. Bahahahaha