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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 > CIBT called the loan
View:
Post by 60606060 on Jan 27, 2017 5:07pm

CIBT called the loan

When did MBA become our chief lender and why?
Comment by birdie22 on Jan 27, 2017 5:46pm
KGIC is bought ? by MBA?   CIBT buys $12-million debt, closes $2-million placement   2017-01-25 20:37 ET - News Release   Mr. Toby Chu reports CIBT REPORTS PURCHASE OF SENIOR SECURED DEBT, COMPLETION OF PRIVATE PLACEMENT & SUSPENSION OF SHARE BUY-BACK A subsidiary of CIBT Education Group Inc. has completed a debt assignment agreement to purchase ...more  
Comment by Yun321 on Jan 27, 2017 6:10pm
MBA is really good at this game. I will keep buying MBA, average up.
Comment by 60606060 on Jan 27, 2017 6:18pm
CIBT owns KGIC after buying the debt for 3 million. What about our shares now. Are they going to buy them?
Comment by Bigswede on Jan 27, 2017 6:52pm
Can anyone honestly explain how KGIC got from here News Release October 17, 2016 KGIC Inc. Announces Proposed $9.725M Loan Facility V.LRN | October 17, 2016 TORONTO, ONTARIO--(Marketwired - Oct. 17, 2016) - KGIC Inc. ("KGIC" or the "Company") (TSX VENTURE:LRN) is pleased to announce that it has received a firm commitment from a third party lender for a proposed secured loan in ...more  
Comment by Yun321 on Jan 27, 2017 7:25pm
never trust these guys. just use these guys. these guys are demons 
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