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NO short seller makes cash UNTIL HE COVERS. If you say this huge huge short position is still uncovered how do these M M s make any money ? The whole Naked Short scenario harped on here day after day is 100 % Horse Bleep !!!
HE DOES NOT HAVE TO FILE. He is Pink.
That is 1000 % BALONEY !!!!!!!!!!!!!!!!!!!! M M s get audited REGULARLY. To think any of them carries a huge naked short position is preposterous !!! Do you mean to say the S E C CONDONES THIS ?? Surely you jest. LOL.
That about Naked Shorting is flat out simply not true. You should find out how the stock-clearing system works.
These 2 Stead stocks are just about the most pitiful non-performing pigs you could ever find. Their record is pathetic.
I guess Ken nailed the whiz-bang sharpie traders and clippers again. He simply fills 'em up until they choke. Now they are stuck and have learned the hard way that there are very very few market speculators who like this deal anymore. Their manipulated Momo Play sort of fizzled as fast as it started.
BIG WOOW !!!!!!!!!!!!!!!
TWO TOTALLY DIFFERENT THINGS
SO WHAT ????????? We knew these already.
There's going to be so much stock around pretty soon when this KATG pig finally gets liquid you will see the price sub-penny before it even starts. All Ken knows how to do is DILUTE and produce cheap semi-worthless stock. This new game may be starting soon but it stinks badly already.
Just the sheer regularity and the daily amounts in the practice indicate that it is A NORM in this business and MEANS ABSOLUTELY NOTHING about shares being daily sold that do not exist. OF COURSE THEY EXIST !!! The concept being regularly promoted here is absolutely ABSURD.
Pretty hard to call it a rally when the trading value was only $13,000. Chicken feed !!!!!!!!!!!!
I suspect to-day's volume came from one of those roving gangs of flippers who prey like vultures on tight stocks like KATX. All they want is a quick flip in and out. Create some momo to lure the suckers in and then fill them and run. Tomorrow will be interesting.
I think we would have to hear how KATX fits into this. I highly doubt if this has the slightest thing to do with KATX. But if it does you should link it for us. No one of any importance has ever heard of KATX. When the smoke finally clears here you will see that were no KATX shares short on the infamous Record Date in the S-1. It was ALL BULL !!!!!!!!!!!!!!!! In any event nobody has received the ha ha Spin-off shares yet - and may never will. LOL.
mappo this is one of those subjects that CANNOT be made true by repeating it over and over and over and over and over and over as some do on here. THE AMOUNT OF NAKED SHORTING in the penny markets is ALMOST NEGLIGIBLE. Retail clients simply CANNOT do it, and the M M s are allowed to do a certain amount to maintain orderly trading - and they do - and they cover expeditiously.
If dough don't come first -- nothing else matters. LOL.
There is nothing new to discuss now until Ken Stead comes out of his rat hole so we can get a better look at him.
Do you REEEEEELY think Ken Stead set that up as a short trap ?????????? HILARIOUS !!!!!!!!! Do you know setting short traps is ILLEGAL ?? HOW CAN YOU dream up these absolutely nonsensical absurdities ???
It's a vicious hard game down here in the Stinks. If you get soft -- you lose.
RULE NUMBER ONE - In pennies and all stocks -- DO NOT FALL IN LOVE WITH WHAT YOU BUY. These stocks are made to SELL if you are fortunate to have bought at a low price. Keep your emotions out of it. LOL.
THE S E C DID NOT GIVE ANY STAMP OF APPROVAL OF ANY KIND TO KATG WHATSOEVER. It merely said the ha ha spin-off can go ahead. And B T W -- this ain't over yet.
ARE YOU SURE ??? LOL. Do you have your BVIG shares yet ? Have you seen a public news release ? Let me know when you get the shares. Big LOL !!!!
You do not have any option but to wait. You and everyone else is still in the dark here about everything.
To me this is now coming to a head rapidly. Basically it is about the integrity of Ken Stead. We are going to get the truth very soon I think.
THOSE WERE RETAIL SELLERS !!!!!!!!!!!!!!!! LIKE ALL THE OTHER SALES HAVE BEEN throughout the year plus the huge insider selling.
I'm waiting for the time when all these people Ken has CONNED turn on him. It will not be pretty. That time is coming soon. Hell hath no fury like a conned Shareholder.
EVERYONE knows that there are no reporting requirements for Insider Trading on the Pink Sheets. Ken Stead can tell you anything he wishes -- and he does. We ALL know the Pink Sheets are risky to play and they provide us with very very little factual info. Guys like Ken Stead can hide their true actions quite nicely - and they do.
You have forgotten ONCE AGAIN that Insiders do not have to disclose their trades on the Pink Sheets. So in essence you are saying a large percentage of the sales were ILLEGAL short sales !! I say - preposterous and absurd !!!!!!!!!
Little by little the price is slipping away as more and more sellers are appearing.
Until he gets the working capital his KATG is not going to go anywhere at the Handcamp or the Ghana Properties. And I'll bet he will sell the empty KATX shell pretty soon.
I would wager that Ken Stead has delegated someone to monitor this board and he knows full well who continually posts what. He's like a rat trapped in its hole looking for an opportunity to break out. If he tries too soon he knows his B S will get strongly challenged. He has to get his garbage together well enough that he can poke his head out of his rat hole.
I think HE HAS TO !!!!!!!!!!!! put out a P R - because it is a material event. Isn't it ?? LOL.
That post is old old old old ancient history circa 2008 !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Extremely misleading to post that here now.
Those dorks DO NOT FILE THEIR TRADES PUBLICLY. And they do not have to. So they don't !!!!!!!!
The number of issued shares went up and up -- and nobody knows who got them, when they were sold, and at what price. DO YOU ????? LOL
The leaving of a critical property payment to the last minute is what is disgusting. Did they or didn't they ? Will they or won't they ?
That is very very disgusting.
I suggest you learn how the ' System ' works, and the role that the Depository plays. That's where all the shares are kept. Maybe you will finally learn the truth here in 2013 - albeit TOO LATE.
I don't think you understand these terms, nor how the stock transfer system works. THERE ARE NO I O U SHARES !!!!!!!!!!!!!!!!!!!!!
Simply NOT true !! They are temporarily short to the Depository which acts like the share bank for the Market Makers. You might want to try to understand this because you are simply not getting it.
Coming unglued this morning, are we ?? Some big sales are happening.
Me too when they open for trading at - say - $0.005
I DID NOT SEE ANY NEW PICS FROM EKOM EYA !!!!!!!!!!!!! Show me.