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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 > Bids
View:
Post by BearishBull01 on Jan 27, 2017 3:52pm

Bids

Bids are slowly increasing..
someone with more knowledge explain to me why anyone would place a bid in apparent dead coming..

i always follow the volume..  like i said iv seen companies go broke and stock completely at zero..

why are bids being placed.. 
once trading resumes which it will at a point in time because its not halted by
cease order trade.. these bids are going to get filled by the millions..

it just doesnt add up..
Comment by dkolish01 on Jan 27, 2017 4:10pm
It simply the legal process. The receiver will call the cese trade order. Since there is no BOD. Then the company will be dissolved.  
Comment by BearishBull01 on Jan 27, 2017 4:38pm
Im sorry mybe i wasnt clear in my question.. why are there any sort of bidding when any investor would see what has happen and just cancel order.. why are bids increasing.. noone should be actually considering to buy this at .005.. but yet theres 2k lot ..  
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