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Don't think so. Whoever held the shares of KATX on July 16th EOD will get the BVIG/KATG shares. So ALL entiltled shares will be issued out. What will be remaining in KATX will be shares attributed to O/S stock held by KATX.
Snow (blind)
Again, you are entiltled to the shares based on the record date. However ownership of the shares will not occur until they are issued, and that has not happened.
I believe there were about 320mm O/s shares of KATX at July 16th. In that case, about 80mm BVIG shares will be going to KATX shareholders. Rest will be retained for Katx directors and company.
Snow (blind):
Until the shares are issued (which has not happened), ALL BVIG shares given as part of Handcamp sale legally belong to KATX. When the appropriate BVIG 1-for-4 shares are issued to the Katx shareholders, then they legally become shareholder shares and will show up in the shareholders' accounts (and that has not happened for anyone!).
Snow:
I see you are snow blind as well. Until the shares are issued to the Katx shareholders (which has not happened yet), they still legally belong to KATX.
End-of-story.
Cobra:
You might want to check your geography. This area is not as far north in Canada as you may think. You are only a short distance from Maine, so lets be realistic about how far north you are in Canada. I lived a lot farther north in Canada nad did not experience snow generallyt until November.
Stokes, you underestimate how to maximize now and in futue.
I plan to maximize by getting KATX now (as it is most readily available). Then when KATG is readily available, I will determine if value in moving KATX holdings to KATG holdings. That way I maximize to best advantage now and in future.
1. If you owned 100 KATX shares on July 16, 2010, you will get 25 shares of KAT Gold Holdings Corp, AKA Bella Viaggio Inc until Aug 26-2010 (current symbol is BVIG, eventually changing to symbol KATG) at a yet unnamed date. Will occur when KATG can issue sufficient stock to cover 1 for for issue to KATX holders.
2. At a yet to be determined date, KATX will be reversed-merged into another non-pinksheet stock and named KATC. ALL holders of KATX stock as of a yet to-be-determined record holding date will receive 1 KATC stock for each share of KATX held.
These are two separate events and relationship is only through the common thread of having KATX stock.
Maybe Ken will give him some of the mine slag so he can pretend to be an informed prospector who found some gold minerals
Thanks pkp....
Disagree Darby. I believe it will mean that there will be less O/S shares at issue date so price dilution and price run up/down will be less affected by some MM before long shareholders have a say!!!
Ken also related this same thing to me in July 2009. That is why I stayed with him and am now glad of the results. Ken and his family were put through some rough times because of it. I believed him then and I believe him now. If he is successful, I also will be successful.
Go Steads!!!
If you are so concerned, do your own DD and contact Jack. The naysayers can only whine, they can't act on their own. If you are a shareholder, prove it and ask the question yourseldf and post the response, dude.
LOL dude
Maybe you nay-sayers need to take a break. The belly-aching the last few months is now being put down by an astute KAT BoD and Ken. I hope in future we will continue to believe in the honest attempt by Ken to make sure we, the shareholders, are looked after to his best extent.
I have amassed well over 1MM shares on belief that Ken is as honest as Abe Lincoln was purported to be. I will continue to support Ken and now thank him publicly for making it possible to have control of ALL my shares, albeit I do not intend to sell until KAT is a major company and off the pink sheets.
Thanks to whoever posted the PM. That made my day!!
You should be pleased to know he went camping for 2 weeks. Guess there are no communication devices available in Northern BC. At least not, when I worked there in 1982.
Interesting. I have had a buy bid (20k shares) at .145 for 30 mins. and none of it is filled. Anyone else having problem with getting their buys??
thanks...
anyone able to post latest L2
And so are we, hope you have a nice vacation in some remote part of BC that you will be prospecting over.
I know this e-mail is not fake. I ahd a conversation in July 2009 with Ken and he relayed the same information to me. The company made it necessary for Ken and his family to mortgage/invest their savings in KAT Exploration to keep going.
Those who accuse Ken and Kat Exploration to be deceiving are in fact trying to decieve the Honest shareholders of KATX into believing this is a scam. Maybe they should just go find the next scam that would allow xxx-Trader and Trader-xxxx to operate.
We are believers in Ken and will benefit from his support of the shareholders, I DECLARE.
Ask Bob if the stock he is talking about is under symbol BVIG. I own some of that but there is no way to purchase stock under symbol KATG in the stock market.
Pro:
I read that Bella Financial LLC was cancelled in 2007. Are you certain that that is same as Bella Viaggio Ltd?? I am not so certain. I believe other K* states chnage as of Aug 2, 2008 but does not state any cancellation of BVIG immediately as is assumed by some on this board last night.
This appears to be a previous transacrion in 2007, would not put too much reading into this announcement.
Traders:
The Real WORLD is that Ken Stead is not the type of person you portray him to be (this motive you talk about borders on being underhanded).
I talked to Ken last year. His family is already in heavily (not just Ken and his brother) so that is a complete mis-statement on your part. They mortgaged their homes and borrowed their savings to Ken in mid-2009. They invested then and are still invested.
I stand on my speculation that the end results will benefit ALL shareholders, not just his friends.
Traders
Were those 68000 shares I bought at an average of .1484 belong to you. They gave me another tidy profit. Still long on KATX/KATG/BVIG, etc.
Sorry about that, it was $.15.
However I did buy 100k on August 11, 2009 at $.015 and 200k at $.0028 on Jun 19, 2009
Long KATX since May 24, 2009
12:49pm
Couldn't resist picking up another 40k shares at $.15.
Thanks to whoever was the generous person to free up these shares for me.
KATC is on the move!! Travelling thru Montana yesterday and seen a Montana license plate on a ford cougar. It's plate number was "KAT-C". Maybe they know something we should pay attention to.
Long on KATX, KATG, KATC and any other goodies that Ken Stead will throw our way.
Absolutely NOT TRUE gumpy (the rubber horse type)!!!!
KAT Exploration does have operation/management of KATX and BVIG/KATG.
The shareholders of each company own both and the Steads are the majority shareholders in each company.
Maybe you should research companies before you make statements like you just did!!!!!
You're both right, depending on what ounce you are talking about:
Many people don't realize that an ounce of gold (and other precious metals) is weighed in ...
(1 avoirdupois ounce = 28.35 grams, a troy ounce = 31.1 grams) ...
the international troy ounce is equal to about 31.103476 grams
the international ounce is equal to about 28.349523 grams
Have a good vacation Gump. Maybe the Sunshine coast might improve your outlook on life. The beachcomers could use another story teller to enhance their daily life. Katx is alive and well. BVIG is alive and well. The Gumpper, we're not sure about. By the way did you play for the Leafs in goal, before they had masks.
Ken Stead indicated it would be part of KATC. KATG would purchase only future gold properties.
I trust you are right. However, typically the stock price falls when you receive the distribution or on a decalred ex-dividend date. Seems strange to see price fall because we expect some distribution, rather than when we actually receive it or have an ex-distribution date declared.
They were share distributions from spin-offs and not considered dividends. Dividends were announced and handled separately in the case of verizon and another company I also has (Hutchison Telecom) which did same thing.
In the case of Hutchison, they sold their Israel affiliate to another company and received stock in the Israel compnay which they gave to the shareholders as a special distribution.
This happened to me in past.
I purchased shares after a distribution record date but before payment date. I received the shares becauee I bought the pre-distribution date price shares. I was the recorded owner based on the transaction. I submit that this is probably the same case unless they provide a 2nd temporary share type. Then you would, for the time between record date and payment date, buy at either price with distribution shares or price w/o distribution shares(like verizon and other example from Daggfish). T/A delivers shares to record holder as of date before payment date based on transactions.
Its their responsibility. In my case, the shares I bought with shares included price after record date took about 5 business days longer than shares I held before record date.
I will submit that BVIG shares will go to those who have ownership of KATX shares associated with the BVIG shares on payment date for those who sold KATX shares. KATX will not be retaining any shares.
Similar message posted on July 9, 2010.
Dagg and others:
I posted essentially the same message on Jul 9th about another company. It was Verizon.
Here is link to that discussion. Pe3ople ignored the essence of that message as well if they sold this week!!!!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52121418
Raise your bid to $.25 and I will sell them to you
Then you guys better try another broker. I just had another company do the same thing as KATX (PVX).
I use Merrill Lynch. There was no fee to add the new shares (they also used a shell stock to form a new company). The shares were restricted. They also told me there will be no fee to unrestrict them. I can sell them with my usual fees once restriction is lifted.
LOL