Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Capital Alliance Group - CPT (CDNX) -- Ignore unavailable to you. Want to Upgrade?

To: AriKirA who wrote (108)	3/27/2000 1:14:00 AM
From: keith massey	Read Replies (2) \| Respond to of 960

Ari/marco I agree that CIBT should not be discounted in this market and it is funny that you mention CIBT since CC and I had a funny experience at CPT's headquarters. On one of the walls of the room we meet in were three large photographs of three beautiful buildings that looked like they should be the center pieces for an IVY league school. Mr. Chu notice CC and I looking at them and said "those are our three CIBT schools in China". CC and I looked at each other and laughed. I guess both of us pictured their schools in China as small, dull looking buildings and nothing like the pictures we were looking at... class act. I was informed by the company that there was a recent ruling in China on what companies/schools can provide online education programs in China. I don't have the exact numbers but the ruling stated that any companies/schools offering credited online education had to have had physical schools in China for X number of years and also have X number of years of experience along with a bunch of credential. The goods news is that CIBT fits all of these regulations. The bads news for almost every other online education units in the US, etc. is that none of them do. CIBT will be the only online MBA education program in a country of 1.2 billion. Don't forget that The China Education and Research Network (CERNET - edu.cn, funded by the Chinese government, has been establishing a nation-wide education and research network infrastructure to support education in and among universities, institutes and schools in China using the up-to-date telecommunication and computer techniques. Talk about a nice structure for CIBT to offer online education. Here are some links on CIBT cibt.edu ibschool.com compucollege.ca cag-global.com It should be noted that CPT has a team dedicated to CIBT and another board of directors dedicated to SEG with only a few overlaps. I would be worried if you had the same group working on both project at the same time, but this isn't the case. marcos is right about the statements of a CIBT IPO being mentioned in the Sedar reports. CPT was initial planning to spin off their 100% owned subsidiary CIBT last year on the CDNX. But if anyone remembers the CDNX 1 year ago it was the last place you wanted to do an IPO for an internet stock. They cancelled that IPO. However in the lastest quarter report (October 31) the company announced that they "fully intend to continue with the IPO in an equity market where conditions are much more favorable" and states states that "after the IPO the company plans to maintain a 52% interest in CIBT in order to have a controlling postion" I can only guess what "equity market where conditions are much more favorable" means but I think we can make an educated guess <gg> Although I still remain very excited about SEG I think we may be surprised one day by CIBT. Best Regards KEITH