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🚨 $KATX
— OTC Updates (@OtcUpdates) June 13, 2024
💰0.0002
Expert Market, AS: 2.0B, OS: 1.8B, US: 1.6B
Update Delay: 72 hours
⚠️🐚Shell Risk Badge Removed
https://t.co/LP0g5digbN
Yes I received the text and spoke to him. He was very informative on the current activity and nice enough to put me in touch with one of the principles of Golkor. I suggest calling him back, if it was a scam I can assure you he would have recommended to me to buy more stock in the company which he didn’t.
I’m expecting to hear back in regards to that at some point, I do know it’s been filed, my “guess”is they’re waiting to hear back from Finra. I will post something the minute I know. I don’t want to keep bugging my contact asking to many questions. They’ve been completely honest and forthright with me so far and extremely busy putting everything together.
did they reveal that the RS was approved? OTC already reports the authorized shares have been reduced to 2B
Hello everyone, I came across this blog and thought I’d chime in to hopefully clarify a few things so people get a better understanding of what is currently taking place.
I was fortunate enough to personally speak to one of the principles. The new entity had nothing to do with KAT exploration and it’s past crappy results whatsoever, the new entity “Golkor” simply purchased the public shell from the other company and quite frankly I’m extremely pleased, because if they hadn’t this situation would be dead in the water.
They have brought in a new management team with over 100 years in mining experience throughout the world.
Also, I was able to get my hands on the SEC filings and yes they did file to do the reverse split which will be 679-1, I understand why they did this because of my previous experience in the micro cap marketplace and it’s the right thing to do. They did also file the 10-K a couple days ago. (Which I have) and I was told they will be filing the 10-Q within the next couple days. They are working day in and day out getting this moving in the right direction. When they purchased this shell everything was a complete mess , like a big bowl of spaghetti that needed to be straightened out.
Obviously, this not only took a considerable amount of time and effort but also a great deal of money with security attorney’s etc. They are working on the new website and also in the process of hiring back end office personnel to handle inquiries that come in.
It’s also my understanding they’ve hired a couple investor relations individuals that are currently reaching out to the old shareholders to simply make them aware of the current situation. There were over 4,000 shareholders in KATX so it will take them quite some time to get to everyone. I think it’s best for everyone to sit tight and let them execute their business plan moving forward. Posting things on this blog like “scam” or any other negative comments doesn’t help any of us or the new entity.
I’m expecting good things to happen moving forward and I will try to make another post as I continue to receive additional information. All the new principles of the company are meeting this month between the 18th and 25th in Johannesburg and I’m expecting a call from my contact thereafter. Hope this helps.
Regards,
Bill
yes-- agree with others-- the message is likely a scam
Super weird. It was a text.
was it an email? Post from a board?
Thanks everyone. I appreciate it.
SCAM...for sure... they are just putting a coat of fresh paint, new curtains, new furniture and a fresh welcome mat for new visitors. Resembles a Venus fly trap. we all know what happens there. so come closer said the spider to the fly.
how many times has this puke been rebuilt and broadcast the great future ahead and nothing but the same old failure. stop trying to predict what their doing or what you believe they have good intentions. because they don't. if you don't believe the past you are doomed to repeat it. stop chasing something that does not exist. it's a put on.
Scam? Possibly... especially with no communication and filing reverse splits. And nope, haven't gotten response from them yet.
no- did not get any replies
I’m pretty sure this is a scam. Anyone else get this?
Hi
Jeremy Neenan from Golkor, formerly Kat Exploration reaching out. Give me a call when you break free. Thanks.
Jeremy Neenan
Golkor.com
323 Sunny Isles Blvd
Sunny Isles, FL 33160
yes-- it has changed since Friday
the "contact" is accepting requests-- but - no replies. sent multiple requests-- no answers
Seems the website has been updated with having Gregory Klok as Founder and CEO. Tony Bainbridge has been updated to him being Founder and Chairman.
not just 4 goose eggs but 5 goose eggs WOW...……………..
I have watched in the past and when you click properties on a website picture you get an answer where it came from. that is a simple ploy used to advertise just as done on a commercial website when some business's wish you to see a sample of something they do not possess or have control of. it's called visual or image theft. at that point it's copy & paste
It's ($katx) just a ticker symbol at this point, with new players coming and buying the ticker to make their ventures a public company at this point I will just wait and see. Even the name is changing and the ticker too..
If everything is cut and paste, please show proof where it was cut and pasted from ..
Im Waiting ..
https://golkor.com/
this is the same basic pretty picture style come-on as kat expl. used when it first started. keep in mind none of any information on the website can be verified. all you see and hear is what they want you to see and allow you to read. pretty pictures and beckoning text. I can paste a picture of any place on the planet, or even the moon. That does not prove I was there. Same com-on ken & tim stead use copy and paste. ask yourself, why do so many grifters keep trying to revive this dead fish and bring it back. yet it never ever shows any substantial gain and constantly numbers in the deep red. if katx was so promising , why is it gone.
website has been updated- https://golkor.com/
agree- we will know when they get back to current-- on a positive note- the AS was changed-- RS was not effective. The state filing does NOT show a OS change.
Honestly I always remember this being 2 bill AS. Not sure why the filings say different
There must be a reason that it didn’t go through. Maybe the deferred it until they become PC
the KEY WORD ---- “The Company anticipates
no- read the last filing:
Status Number of Shares of Common Stock Authorized Number of Shares of Common Stock Issued and Outstanding Number of Shares of Common Stock Authorized but Unissued
Pre-Reverse Stock Split 2,450,000,000 1,834,271,048 615,728,952
Post-Reverse Stock Split 1:679 2,000,000,000 2,701,430 1,997,298,570
“The Company anticipates that the amendments described will be effected on or before the close of business on April 30, 2024.”
They are definitely working behind the scenes. They now have a verified profile. That costs 5k I believe. I would expect filings soon. I honestly don’t understand why they let it go to expert. It’s still has a shell designation. . Filings would have been easy. Must be a reason I am not purvey to. Or just plain old incompetence
The AS has always been 2 billion. If your post is insinuating that it wasn’t. If not sorry for the confusion.
re-read the fillings-- could not locate a definite date. The next filing( and tier change) will reveal what happened.
Thought it was supposed to happen by april 30 based on the def14c, no? But i too feel it could have been denied based on the information that the outsanding shares hasn't changed yet. it's just they should at least communicate and provide updates on what they're doing. other than that, the management team is mute, and that's kinda sketch going forward
FYI-- the AS has been changed to 2B-- the remainder of shares has remained the same. makes us think the RS was denied or rescinded
we do not know about the reverse.- no specific date was given
Cool, glad to know. Just hoping that's what they're working on right now (without the reverse split of course 😉)
they can file ANYTIME!
Does that mean we have to wait til Feb 15 of next year for them to file and get current?
Never mind the 10Q -- the 10K is delinquent.
Since this company's fiscal year ends on 11/30 the 10K was due on Feb 15
Didn't get a single word from them yet, not even a simple "hello" 😢
you don't truly believe there is anyone there, do you. all your attempts to contact anyone go directly to dump. " this stock has all the ingredients of a big runner" run to the bank with your dough. but in 1997 = 27 years since the scam began, if katx was legitimate you would think it would be success after success. but it's, take your money run and hide. then come up with more stories to keep you hooked and on the line, until they reel you in again next time. if you are trying to recruit new investors to build up the price so you can cash in. well i hope you have plenty of time to spare. it ain't happenin
Don’t expect a response. I have emailed them and texted. I have never received a reply. I did explain that if the R/S went through while in EM the price would plummet ( Americans can’t buy )
I also explained that a large R/s like this one would also cause the price to drop and would be illiquid . I also mentioned that this company could easily get to a penny organically. Then you could R/S on a smaller scale . 1for 10 . This stock has all the ingredients of a big runner , if they become PC and cancel the R/S. unfortunately I feel like it fell on deaf ears.
🥱ZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ BURP.!
agree-- probably need to give them 48 hrs to reply
I've sent an inquiry as well through their website. If no response, might just try their contact email "info@golkor.com" and email them directly.
yea, site's mostly functional. They've gotta be working on getting current now or at least working on filings. Dont think they can update their otcmarkets page with their new site until they get a symbol/company name change, maybe.
sent inquiry concerning the RS-- via the website- no response
newsletter/message portion was functional
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Moderators getmoreshares Funaboard |
He has managed placer and hard rock mining operations, completed major infrastructure work and managed a work force of over 60 people during the production phase of several mining operations. Between 2003 and 2007 prior to co-founding Consolidated Mining he worked with Gekko Systems to design and set up a custom placer processing plant for Inca Minerals to evaluate their Kiabamba Gold River Project and was responsible for dealing with local customs and mining authorities to import equipment obtain mining permits for Inca Minerals in Peru. Following the appointment of Mr. Klok as President and Director of the Company, Christopher Krause, Ph.D, resigned as an officer and director of the Company.
Mr. Krause did not have any disputes with the Company.
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