Good news is getting closer every day. Go Katx. Do your own DD and make up your own mind.

Well said homevendor

Right on skyhawk.

Sorry but your lengthy dissertation did not prove anything. I said he said info just does not rise to the level of proof as needed here. It is all a lot of smoke and mirrors . If you can produce a link or etc to backup all this then that is all we need. These are serious charges affecting a lot of people and should not be taken lightly.

In summation regarding an investigation. Nobody can prove that there is one in progress. For those who would like for there to be one, repeating bad info over and over does not make it true. So this topic is a dead horse until something is made public or, as I suspect, not.

Kadin...as i thought. There is no "known" investigation at this point. Thank you

I really don't need to contact the sec. If serious and damaging statements are made then it is incumbent on the person making them to provide the necessary evidence. Sooo, can you provide the link to resolve this issue. Lets settle it once and for all.

Sorry but that still proves nothing.

Kadin......please provide a link or info that the sec has any sort of investigation in place or plans to do so. These unfounded charges have been trumped up and presented here as fact.

B402....You don't pick thru old tailings you process them in mass.

Lack of vol=everyone holding and not selling

Lack of interest=????? 740 followers on this board alone.

Kadin.....imo future developments will prove you wrong. Only time will tell who is correct.

Personally I feel the approval of the S-1 and revisions are imminent. This will be followed by major positive announcements. This of course is only my opinion but but I have my reasons. Oh yea, with all the reasons being posted why I should, I am not going to be scared into selling . GLTA

Gump...wow. what is that, like $500

kadin....The words may, could, possibly and etc are used extensively throughout the S-1. That does not mean it will happen. What I don't understand is with all the "caveat emptor" warnings put out by management, why is it still called by some a pump and dump. Management has gone over the top with its warnings that you could possibly lose everything. They should be commended for providing these warnings. It definately is not P&D language.

In a nut shell.

Failure is a possibility which may or may not happen. I don't think it will so I stay. I like what I see taking place and look forward to good developments and news in the near future. For those that don't like the risk, by all means move on.

Kadin....looks like most of your post to Bear was in response to my post to the same. There seems to be quite a lot of speculation as too what may or may not transpire with regards to the SEC and whomever. I am way too busy with other interest to rebuttle line for line but will say that at present the S-1a and its approval or otherwise is the first step in giving a positive direction to Katx. There are plenty of other hurdles to clear but in my opinion it is one step at a time.

I don't see where any of these qualifications applies here. All these issues were addressed in the S-1 and subsequent S-1a. Approval is not guaranteed but at most maybe a few wrinkles to correct or expand on.

My mistake, 746

I don't think 750+ would waste their time here if they weren't more than a little interested. I gave the benifit of the doubt in my original statement when I said some were probably curosity seekers. There is a silent segment involved . The number might be in question, but I would gamble it is quite a lot more than 10.

Alan... You are absolutly right on all counts. There is a silent majority here as verified by the amount of followers. Granted some may be just watching the show but most are loyal share holders.

I agree alan

I was only giving an overview of the workings of the SEC in regards to approval or disapproval of The S-1 as well as any subsiquent s-1a and etc. I personally am not trying to influence anyone into buying or selling. . Again 30 days for initial review. If clarrifications are needed then they are requested and an s-1b is submitted. This can go back and forward several times. This is not to insinuate that Katx is guilty in the eyes of the sec but that they just want everything understood. After all the back and forth the sec is still not required to publish any earlier than 20 days after final review. When dealinhg with the feds you are right time frames are foolish. We just have to wait and see.

Trapper.....I don't think a serious investigation would be conducted by the use of emails. Of course if you wish to share the emails you might convince me to think otherwise.

That is entirely possible but unlikely imo

I don't agree. If there was any wrong doing the Sec would freeze everything and someone in this chain would find out and then we would all know. No smoking gun that i know of

Stayahead.....agreed. glad i am still on board and good news could come at anytime. This whole situation is about to be turned right side up and then hang on

Bear.....just because the Sec has not published yet does not mean anything. We don't know what their work load is

Usafa....agreed. nothing to investigate .

Approval or disapproval of the S-1a should settle this question once and for all. Many claim to have filed complaints about Katx with the SEC. No one has stepped forward to provide proof that the SEC is in fact even looking into these claims. If anyone can provide anything that may hint at an investigation I for one would sure like to see it.

We should be hearing news about the S-1a anytime now. If it comes back approved , as I predict it will, Katx will move off dead center and start moving up quickly.

I'm betting right now tbe sec is seriously looking into katx and reviewing all their submissions and approval of the s-1a will be announced soon.

Your envisioned witch hunt cracks me up. Believe it or not I too wish there was an investigation. The air needs to be cleared once in for all. This continual mud slinging is
making me weary.

Time will tell who is right.

Gump....Personally I don't claim to be a legal expert in this field, if you are so be it and you are intilted to your opinions. I can't help but believe that some of the smartest law firms on wall street can be classified as "dumb" This was put together with expert guidence. IMO

I haven't lost a dime yet.

gump...alan is right. why should non shareholders be allowed to take advantage of the distro and jump in and then back out. The backdating takes care of that. Sure a small minority will say they were screwed because they sold not knowing what was in the works, but if they got scared and ran then its their problem. Loyalty has its rewards. Don't get scared out of your shares as Buffet says.

gump.....Is the proposed distro a reward for faithful longs or a sales pitch to draw in new share holders? Since it was back dated I say it was a reward. As far as those who sold after that date being angry, that is true, but how often have you bought something at retail price and have it go on sale the next day. Life is not always fair and if you know where we can buy a crystal ball please advise. The SEC did not look at the original S-1 piecemeal. If they had a problem with the date submitted it would have been flagged in the request for additional info which apparently it was not. No, the S-1 is not approved and time will tell if the S-1A is. Since there were no bombshells in the S-1A I predict a quick approval.

alan....thanks for the post.

My appologies to you. I should have digested your post better. You are correct in what you say.

Gump...i guess we will just have to wait and see. I think the sec is more proficient than you give them credit for. We should know fairly quickly now.