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Bullboard - Stock Discussion Forum BRIGHTPATH EARLY LEARNING INC V.BPE

"BrightPath Early Learning Inc is engaged in the operation, acquisition and development of community based early learning and care centres across Canada."

TSXV:BPE - Post Discussion

BRIGHTPATH EARLY LEARNING INC > new development strategy
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Post by joiagbd on Jun 06, 2014 7:23am

new development strategy

Funny how the board has finally returned to the original business plan of the company (building new large centers in Alberta) which was put in place well before Jeff had the original founders (management) removed one by one during his take over of the management of this company. The original team had the best sites selected all around Calgary and Edmonton, but couldn't convince the board to buy them, instead the board decided in their infinite wisdom to buy small centers with no chance of achieving economies of scale. Now they are pointing at the two new ground up centers developed by the original management team as the future of the business (since they are super profitable), its just too bad that most of the original sites are no longer available. Well played Jeff. I also find it interesting to graph this stock since inception and to look at the spike in volume and closing price that occurs just prior to the close of each quarter. Coincidence?
Comment by thinkitthrough on Jun 06, 2014 10:22am
Finally someone without a vested interest in trying to pump the stock price. ...... although it could hurt those of us that wait and buy each quarter at $0.30 and then sell at the bell the day after the quarterly results are announced and grab the same 30% uptick each quarter that the insiders obviously are enjoying.
Comment by iknownothingalot on Jun 23, 2014 9:30pm
Is that you taking down the 4,000 shares that are available each month????
Comment by iknownothingalot on Jun 23, 2014 9:27pm
Is your first name Les by chance.Early management made numerous mistakes. Have you forgotten the cost overruns and inability to execute.Les and friends always spoke about consolidation and always looked to the smaller centers not Jeff Olin.Was it Jeff Olin who began the expansion in Ontario??? Prior management consistently under delivered and were the major reason the stock tanked 70%. FYI Ontario ...more