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Monday, June 14, 2010 6:35:11 PM
It has been rumored that katx is converting preferred since the end of may and after a volital day a little reassurance doesn't hurt on company shares.
Response from KS----
Reply |Ken Stead to me, jzwicker
show details 4:55 PM (1 hour ago)
Like so often it is a lie and nowhere near the truth.
No Preferred stock has ever been converted and hopefully never will.
All stock held by directors are Restricted and have never had any trading and will not for a long time.
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