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


To: Frankly Speaking who wrote (895)1/18/2008 4:25:49 PM
From: Frankly Speaking  Respond to of 960
 
Toby is a straight shooter.

I recenlty asked this question:

Hello

I have a question. How long does it take to set up the new location, and recognize revenue? I see that CPT now has 38 locations, but I assume it might be a while before they appear in the financials.

A longstanding Shareholder

Here is his response to my question:

Of the 38 locations, 20 are in Canada, 1 in Vietnam, 1 in the Philippines, 1 in Jordan, and 12 are in China generated revenue of approximately $40 million.

Only 3 new locations were recently announced since December 2007 and currently under construction. These 3 new locations will be recruiting students by early March 2008.

Toby Chu
CIBT Education Group Inc