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Amen!!!!
I was surprised Sanjit replied to me with his confirmation. I will leave it up to someone else to check with the CFO. All we can do is our own DD and make decisions based on that. I guess only the Shadow knows our future LOL......
JMO
Just received this reply from Sanjit when I e-mailed him and asked him :
"Is the deal with KATX still on or has it been cancelled due to your agreement with FIMA?"
His reply:
It is no longer with KATX, we went with FIMA.
With Regards;
SUCCESS IS A JOURNEY, NOT A DESTINATION.
OUR JOURNEY IS SHAPED BY OUR THOUGHTS AND OUR ACTIONS, WE CAN NOT DIRECT THE WIND BUT WE CAN ADJUST THE SAIL.
Manjit Singh Sahota, Founder and CEO
Canco Energy Corp
250 H Street
Suite 379
Blaine, WA 98230
778-846-0000
303-362-6590 Fax
msahota@cancoenergy.com
www.cancoenergy.com
Now we wait again for the next episode of "As the KATX turns"
JMO
I agree 567- this at least gives the company breathing room so they can concentrate on getting the c&d lifted and permit approved. GO CGFIA!!
Thanks for the pics Borgon:))
:)))))))
tic...tic....tic...BOOM coming:))))))
JMO
I have a feeling that KMAG and the SEC/FINRA are working together to bring MinnieMouse down. Don't forget just before we got back current JR met with lawyers in NY and afterwards told everyone that the manipulators from the past were taken care of. I think that some of his silence now is just part of the cat and mouse game they have to play in order to catch them red-handed. Unfortunately in the short-term we are stuck in the middle. Once all shares get accounted for then we are off to the races:))
JMO
I think the only thing that will make them cover is a ticker change. That would get all shares accounted for and those that are naked would get burned badly:)) True shareholders would be protected and we come out stronger on the other side. Seems crazy that MinnMouse can get away with open slander and not get prosecuted- or maybe JR is letting them take the rope so they can hang themselves-Just a thought....
JMO
Thanks for posting this Goldbuffalo- now maybe we can start some accumulation by the longs here and get the MinMars of the world out of our hair. We should be able to easily lock up the float if everyone holds. I can only say for myself but my 500k shares are locked and will only be sold north of $1/share.
JMO
Can you clarify for us as to whether this is really a Reverse Merger of Canco as opposed to an acquisition by KATX?
There seems to be some confusion on this point.
Thank You
Intomoney
I e-mailed him first using their website and he sent a reply back saying to call him. I called him late afternoon (right around 3OM Central time) and got his answering machine as well and left a message. 2 minutes later he called me back.
JMO
The devil is in the details as they say. We shall see how this plays out over the coming months. Either way I think we are in for a big jump in pps near term:))
JMO
B402- Try giving Canco a call yourself and see if you get the same answers as I did. They seem willing to talk about their plans.
As I have been reminded on many occasions- never rely on someone else's DD or recollections of conversations when dealing with pinky companies unless you like surprises.
JMO
Goldbuffalo- any chance we can see that e-mail you mentioned last night? I know its hard to look at a computer screen when one has a hangover, but it would be much appreciated. LOL
JMO
After my conversation with Canco this afternoon I came away with the impression this is more of a reverse merger of them into KATX and not an acquisition of another company by KATX.
Have a good night everyone!!
JMO
I had a short conversation with our new CEO. From what I could get out of him they are acquiring KATX and the paperwork should be done by the end of the month and will start rolling their assets into the shell by then. He had no idea if we still get our spin-off shares of BVIG as that was a prior transaction. They are also not sure if they will retain the KATX name.This could be an interesting summer.
JMO
Somebody go help Mappo get the champagne bottle open:))
The KAT is awake:)))
Nice post Lucky- it seems people lose all ability to think for themselves when it comes to the pinks.
Anyone have JR's direct e-mail? I sent a e-mail to the IR but have not heard back from them.
JMO
AK- looking at that order it seems to me CGFIA has gone above and beyond what the board wanted in order to get the c&d lifted already. I can't see how they fail to approve us this summer. Sure would like to know who is going to fund the drilling project as stated in the latest PR. Seems there is someone else out there feeding the company funds. Could it be a silent partner waiting for the mill approval before buying us out? Just thinking out loud on a beautiful Saturday.
Take Care everyone:))
JMO
The DRMS has not posted any new letters since the 5th. Mine have still not been posted and I mailed it last Tuesday. Must be a bunch for them to scan or they broke it:))
JMO
Good post once again Bennie:)) Ray is moving this company forward as we speak and those who stick around will be rewarded.
JMO
Interesting- tried slapping the ask at 42 and they filled it me 41.
Can someone post a L2?
JMO
Woo-Hooo!!!!! Assay results:))) Our little baby is waking up:))
Finally got filled- now let's see this Eagle fly:))
Interesting that they filled it below ask though.
GO KMAG!!!
Did you have it in as all or none? I only want a measly 130k:))
Anybody able to get any today? I have an order in slapping the ask but nothing so far. If shares are really that tight this could get fun:)))
JMO
LOL:)))
Sent my physical letters from MN and signed the online using the vacation home in Dove Creek. Thanks for the Grog:)))
I signed the petition using my folks address in Dove Creek Colorado:))
If Willy prevails this thing will explode IMO.
Thanks Willy4- That is faster than I had seen coming. Now let's see what the Dalene's do.
Have a great evening.
Ill settle for some Grog when we get the permit approved:))) This is going to be a fun summer for CGFIA.
Steve Fearn????
Got my letters in the mail to the governor and the board. Every bit helps:)))
This is going to be a fun ride Bennie- only wish I had a few million more shares to start with. Oh well- I will only be rich as opposed to your being filthy rich LOL
Enjoy your Friday:))
JMO
Go after them for us Willy4. I am sending my leters out his afternoon to my congressmen and I will send my signed statement of support to you via email/pdf tonight.
Let us know when the case is filed and how we can access the documents when they are.
JMO
In case anyone missed this tidbit from back in January:
Jan 9 Press release
This is another 5 mil/ year to the KMAG bottom line:)))
thanks Willy4