Wednesday, August 18, 2010 1:39:24 AM
"You're talking about "share structure" as if that's a Big Deal. "
That is literally one of the most incorrect, and completely laughable quotes I have ever read in my life. Share structure is the BIGGEST deal in dertermining a companies value as far as PPS goes. Yes, what a company finds in the ground is extremely important, but if a company is so diluted, like MANY penny based mining and mine exploaration companies are, then it doesn't matter what they find in the ground, their share price will not reflect that value.
If KATG had a O/S of 1 billion shares, and they found a gold reverse that was worth say 50 million dollars, then there price per share wouldn't move up much at all due to the high amount of dilution. If KATG had an O/S of say only 80 million shares, and they found the same 50 million worth of gold, their pps would go up well over a dollar.
One of the major things that seperates KATX/KATG from a company like SRSR is the fact that they arnt anywhere near as diluted. SRSR has great properties, but they are trading around 4 cents due in part to high levels of dilution.
It's a very very very simple and basic concept of the stock market, if you have more shares of something, then each share is worth less. Neither KATG nore KATX have excessive levels of dilution right now, and I don't expect they ever will, but a companies share structure is one of the most important things for any stock out there.
I suggest you learn some basics of trading before commenting further on this.
Recent KATX News
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 06/20/2024 11:58:38 AM
Kona Gold Beverage, Inc. Updates Multi-Million Dollar Merger and Posts Over $1.2 Million in Q3 Revenues • KGKG • Nov 15, 2024 10:36 AM
HealthLynked Corp. Announces Third Quarter and Year-to-Date 2024 Results with Strategic Restructuring, Third-Party Debt Repayment, and Core Technology Focus • HLYK • Nov 15, 2024 8:00 AM
Alliance Creative Group (ACGX) Releases Q3 2024 Financial and Disclosure Report with an increase of over 100% in Net Income for 1st 9 months of 2024 vs 2023 • ACGX • Nov 14, 2024 8:30 AM
Unitronix Corp. Publishes Its Cryptocurrency Portfolio Strategy • UTRX • Nov 14, 2024 8:05 AM
Avant Technologies and Ainnova Tech Form Joint Venture to Advance Early Disease Detection Using Artificial Intelligence • AVAI • Nov 12, 2024 9:00 AM
Swifty Global Announces Launch of Swifty Sports IE, Expanding Sports Betting and Casino Services in the Irish Market • DRCR • Nov 12, 2024 9:00 AM