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eiddle.....
The 23 Mil shares is still mentioned on the S-1/A6 on page 54.
They also added the updated info from the 10K/A for Dec 2011.... that was filed this morning.
The updated Report of the Independent Registered Public Accounting Firm included the Original Filing. (Bongiovanni & Associates, CPA's)
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8931195
Will it be a HAPPY-THANKS 4 GIVING us our BVIG shares week? :o)
I hope so!
Last minute tidying before approval???? :o) I guess we will have to wait and see.
Last minute tidying before approval?? :o)
Guess we will have to wait and see.
New 10K/A for Period ending Dec 2011....Kat Gold Holdings
http://www.otcmarkets.com/stock/BVIG/filings
EXPLANATORY NOTE
This Amendment No. 1 on Form 10-K/A (the “Amendment”) amends the Annual Report on Form 10-K of Kat Gold Holdings Corp . (the “Company ”) for its fiscal year ended December 31, 2011, originally filed with the Securities and Exchange Commission on April 16, 2012 (the “Original Filing”). This Amendment is being filed solely to replace the Report of the Independent Registered Public Accounting Firm included the Original Filing.
No other changes have been made in this Amendment to the Original Filing. This Amendment speaks as of the original date of the Original Filing, does not reflect events that may have occurred subsequent to the date of the Original Filing and does not modify or update in any way disclosures made in the Original Filing.
New 10K/A for Period ending Dec 2011....
http://www.otcmarkets.com/stock/BVIG/filings
EXPLANATORY NOTE
This Amendment No. 1 on Form 10-K/A (the “Amendment”) amends the Annual Report on Form 10-K of Kat Gold Holdings Corp . (the “Company ”) for its fiscal year ended December 31, 2011, originally filed with the Securities and Exchange Commission on April 16, 2012 (the “Original Filing”). This Amendment is being filed solely to replace the Report of the Independent Registered Public Accounting Firm included the Original Filing.
No other changes have been made in this Amendment to the Original Filing. This Amendment speaks as of the original date of the Original Filing, does not reflect events that may have occurred subsequent to the date of the Original Filing and does not modify or update in any way disclosures made in the Original Filing.
vegetto... The PR you mention (below) says Doug Mann resigned as President... Not CEO.
http://ih.advfn.com/p.php?pid=nmona&article=47317901
Auctions International Announces-New Corporate President
Date : 04/15/2011 @ 1:00PM
Source : MarketWire
Stock : Auctions International, Inc. (PL) (AUCI)
Quote : 0.001 0.0 (0.00%) @ 1:11PM
Auctions International Announces-New Corporate President
Auctions International Inc. (PINK SHEETS: AUCI), announced today that Doug Mann will be resigning effective immediately as President of Auctions International Inc. and will be replaced by Jean-Eric Plamandon currently President of Amero International.
Stockprospector1...Might want to read up on this:
http://groupssa.com/understandingdividenddates.html
Finally, to add to the confusion of record and ex-dividend dates, there are some rare cases involving unusually large cash dividends, rights offerings, stock spin-offs, etc., where the above rules are not followed. In such cases, the stock trades with due bills after the record date. While not a common occurrence, a stock trading with due bills is something to be aware of, and that is explained in the following section.
Dividends of 25% or More of a
Company's Stock Price
Cash dividends of 25% or more of a company's stock price represent a fraction of one percent of all dividends paid and are handled quite differently from normal dividends. There are some similarities, however. Like normal dividends, unusually large dividends have a declaration date, a record date, an ex-dividend date and a payment date. Also, like normal dividends, the ex-dividend date for a dividend of 25% or more of a company's stock price is set by the exchange, not the company. Here's the big (and confusing) difference: While the ex-dividend date is indeed set by the exchange, it occurs not before the record date, but after. In fact, the ex-dividend date is not even before the payment date! By rule, the ex-dividend date is one business day after the payment date. (In such cases the term deferred ex-date applies.)
Here's the exact quote from the New York Stock Exchange Listed Company Manual: "When the distribution is 25% or more, the Exchange will defer trading the security "ex" until one day after the mail date for the distribution."
And Nasdaq Rule 11140(b)(2) states: "In respect to cash dividends or distributions, stock dividends and/or splits, and the distribution of warrants, which are 25% or greater of the value of the subject security, the ex-dividend date shall be the first business day following the payable date."
Although the wording is slightly different, the meaning is the same.
This can be very confusing, having the ex-dividend date after the payment date. To further confuse things, in such circumstances, any shareholders of record who sell their shares before a deferred ex-dividend date also sell the right to receive the dividend. This is not optional to the seller, it is mandatory. The right to receive the dividend is contained in an attachment to the sold shares and that attachment is called a due bill.
The payment of a dividend via due bills is quite unlike a normal dividend payment. Shares that are purchased after the record date but before the deferred ex-date (the due bill period) are traded with a due bill attached. The chain of events that begins on the payment date works like this: The dividend is first paid to the shareholder of record, then, on the due bill settlement date, which is commonly two trading days after the ex-date, the dividend is withdrawn from the account of the shareholder of record who sold the shares during the due bill period and is then paid to the shareholder who bought the shares during the due bill period.
The dividend is paid to all shareholders of record first because that is the only information the company has on who is eligible for the dividend. The due bills are then executed by the stock brokerages of the buyers and sellers during the due bill period. The company does not participate in the due bill process.
A very unusual circumstance, to be sure. But there are good reasons for such a procedure.
On big percentage distributions one of the reasons the ex-date is after the payment date is to prevent the chaos that would be triggered if the the ex-date was before the payment date as is normally the case. For example, if the ex-date was before the payment date for a stock that was selling for $21 and they paid out a distribution of $7, such a dramatic drop in price could potentially, and unfairly, trigger margin calls in margin accounts holding the stock. To the stock brokerage it would appear that the total value of the stock had dropped precipitously when in reality the dividend that had not yet been paid would make up the difference. By making the dividend payment before the stock price is adjusted down on the ex-dividend date, no margin call would be issued because the value of the account would not be unfairly compromised.
Another reason for the use of due bills with stock dividends, spinoffs and extra large cash dividends is that it allows shareholders to receive the full value of their holdings if they choose to sell during the due bill period. Otherwise they would have to wait the days or weeks between a normal ex-dividend date and the payment date.
Note: Although this page is an explanation of how cash dividend dates work, deferred ex-dates are also used, under certain circumstances, with stock dividends, spinoffs and warrant issues. With those types of distributions the 25% threshold is not a factor, as often times the value of a spinoff or warrant is not known at the time of declaration. However, any time a deferred ex-date is applicable, no matter if the distribution is in cash or securities, the deferred ex-date rules explained here, including the due bill process, apply.
To summarize, in cases of a deferred ex-date, stock traded between the record date and the ex-date trades with a due bill attached that specifies that the right to receive the dividend is sold with the stock. With electronic trading and electronic book entry accounting, due bills are rarely seen by stock investors today but they are noted on the trade confirmation slips.
The Purpose of the Record Date
With all dividends, the record date establishes that only the shares outstanding as of that date are eligible for the dividend. With normal dividends that is a moot point because the ex-dividend date, being two business days before the record date, has already established which shares (and which shareholders) qualify for the dividend. But in the case of a dividend of 25% or more of the company's stock price, the ex-dividend date is after the record date, usually many days or weeks after, so the company may, if it chooses to do so, issue additional stock after the record date but before the ex-dividend date without affecting the gross amount of the declared dividend. While occasions of a secondary offering during such a period are rare, there are many more instances of shares being issued through dividend reinvestment plans and through exercise of stock options and convertible securities.
In cases of a deferred ex-date, the only function of the record date is to determine on which shares the dividend is paid. Because of that -- and this is a critical point -- it is the ex-dividend date that determines who qualifies for the dividend, not the record date.
While initially confusing, there are valid, rational reasons why on big percentage distributions the ex-dividend date is after the record date and after the payment date. It doesn't happen often, but big percentage distributions don't happen often. That's why most investors aren't familiar with how they work.
Note: As of February 21, 2012, Canada has adopted the same due bill process.
Does anyone know if this has begun? .......
"This plant purchase marks the implementation of the first phase of our multi-phase production plan which we expect will begin in earnest by November 1, 2012.
Agree! :o)
NEWS...Bayport International Holdings, Inc. Announces Acquisition of the Tidwell Falls (Happy Jack) Mining Claim
http://ih.advfn.com/p.php?pid=nmona&article=55066668&symbol=EXTO
Just shows that they are legitimate companies....
If the Steads were scammers the companies would have been gone by now.
The Steads drilled 2 properties in one year, lots of exploration before that, and now acquired a gold mine in Ghana.
Kat Exploration was naked shorted big time in 2010/11 imo. Seems to me they have been fighting against corruption....
The SEC is now working with Kat Gold Holdings for S-1 approval....that also goes to show you that the Stead's are not con men.
I continue to wait for news from KAT. :o)
Financials should only be delayed 5 days..... :o)
Late 10-Q After filing an NT 10-Q, the deadline for the 10-Q is extended five calendar days from the actual due date.
Late 10-K After filing an NT 10-K, the deadline for the 10-K is extended 15 calendar days from the actual due date.
http://www.merrilldirect.com/cps/rde/xchg/merrilldirect/hs.xsl/edgar-2012-sec-filing-deadlines-and-holidays.htm
BVIG Bid is moving up today....
bid .055 15,000 x ask .07 10,000
Q 3 filing due by Thursday
BVIG Ekom Eya property sits within the Bibiani North Prospecting License, (which will soon become a Mine Lease, according to NOBLE) just like the Mine Lease (shown in brown on the map below)
(See more info in the I-box)
It is also interesting to read that NOBLE has accepted the Financing Offer from Resolute Mining. Nov 8, 2012
NOBLE ACCEPTS REVISED A$85M FINANCING OFFER from RESOLUTE
http://www.nobleminres.com.au/live/wp-content/uploads/2012/11/Noble-accepts-revised-A85m-financing-offer-from-Resolute.pdf
It is intended to convert the Bibiani North Prospecting License into a mining lease by the end of the Calendar year. Inputs have commenced with a number of activities to derive a resource model.
To each...his own opinion! :o)
I posted them...why don't you look at them... lol
I never said S. Lucky belonged to Katx..... You are wrong!
I said the 90 claims that are in the Stead's names, were listed on Katx filing. :o)
I know that the S. Lucky 015995M belongs to Kat Gold Holdings, Inc. :o)
This is what I wrote....
TinkerBelle Member Profile TinkerBelle Monday, November 12, 2012 11:54:15 PM
Re: eiddle post# 208708 Post # of 208719
Katx latest filings list the 90 Lucky claims as theirs.
http://www.otcmarkets.com/financialReportViewer?symbol=KATX&id=92605
Page 11
Lucky 90 claims
Shaylee 24 claims
They are in the Steads names.... but that is how they have handled claims before....staking them in Stead names to save money then transferring them to either Kat Exploration or Kat Gold holdings later.
I didn't say it.... Kat Exploration filing said it.
Kat Exploration latest filing lists the 90 Lucky claims as theirs.
I just post what I find.
http://www.otcmarkets.com/financialReportViewer?symbol=KATX&id=92605
Page 11
Lucky 90 claims
Shaylee 24 claims
Isn't that what I said?
The claims are in The Stead's names.... geeeez
New Lucky claims
http://gis.geosurv.gov.nl.ca/mrinquiry/license.asp?license=020011M
http://gis.geosurv.gov.nl.ca/mrinquiry/license.asp?license=020012M
http://gis.geosurv.gov.nl.ca/mrinquiry/license.asp?license=020013M
Katx latest filings list the 90 Lucky claims as theirs.
http://www.otcmarkets.com/financialReportViewer?symbol=KATX&id=92605
Page 11
Lucky 90 claims
Shaylee 24 claims
They are in the Steads names.... but that is how they have handled claims before....staking them in Stead names to save money then transferring them to either Kat Exploration or Kat Gold holdings later.
From Ekom Eya Report:
http://www.katexploration.com/Graphics/properties/Ekom%20Eya%20Gold%20Property/Ekom_%20Eya_Report_Western_Region_Bibiana_Ghana.pdf
6.0 CONCLUSIONS
It suffices to say that a cursory look at the 2007 drilling summary is very impressive with high grades,
appreciable widths and a mineralized strike length of 600m.
Assessment of the tailings and waste dump of previous operations estimate 60,000 tons @1.5g/t (2,894 ozs)
and 30,000 tons @ 4.5g/t (4,340 ozs) respectively. These figures at the current gold price translate into ore
which could be added to the in situ ore assessed to be 1,380,887 @ 6.0g/t (266,380 ozs). Totalled together,
the resource estimates on the permit is approximately 273,600 ozs.
The in situ resources can easily be accessed by open pit to the 4th level and thereafter, underground
development and mining could be undertaken to access the deeper unexplored ore body. Favourable
topography and the virtual absence of overburden over much of the permit is an advantage. The national
electricity grid has been extended to the site quite recently and the proximity of the site to Bibiani township
(about 7km), a district capital with good infrastructure and social amenities, are all additional advantages to
a future mine site at Bibiani North.
Sure we do Gump....
Lots of info here: drilling reports, assays, prospecting areas...etc...
http://www.nobleminres.com.au/investor-centre/news-announcements/
http://www.katexploration.com/Graphics/properties/Ekom%20Eya%20Gold%20Property/Ekom_%20Eya_Report_Western_Region_Bibiana_Ghana.pdf
http://www.nobleminres.com.au/live/wp-content/uploads/2012/10/Noble-2012-Annual-Report.pdf
poor broke bloke...the reason it was somewhat ambiguous is because the posts end up being too long... and I also thought most would know/remember most of those numbers from the past. :o)
I started out trying to find out what the O/S 464,477,833 from the Oct 25, 2012 S-1 contained. Then figured out the shares Ken owns and still owns! 6,764,000!
I came up with this looking at past filings.
Even Jim Bishop knew the float back then. LOL And many others.
Try Googling.. You can find lots of things! I googled 380,500 float, and 3800,500 float BVIG. Found some old posts on the subject and links found in the past.
Jim Bishop Member Profile Jim Bishop Member Level Tuesday, June 08, 2010 10:12:24 AM
Re: daggfish post# 59013 Post # of 208656
There's 380,500 shares in the BVIG float. Sterling bought some quite high, so did a few others here and I know one fellow still has some from .03 last year and .035 early this year.
My .03 bid never got hit.
THE REASON I say Ken Stead has not sold any BVIG shares is because......
In this screen shot of page 52/53 of the Oct 25, 2012 S-1 it states that Ken Stead Holds 302,764,000. Take the 296,000,000 away from it (that Ken disclaims beneficial ownership of)(see (#3) posted there) 302,764,000 - 296,000,000 = 6,764,000 (Ken owns)
6,764,000 = the 4,500,000 + 2,264,000 (see previous posts)
All are listed, all accounted for, none sold, as of Oct 25, 2012
4th HERE is the info regarding the 4,500,000 to Ken Stead.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8621127
"On April 18, 2012, the Company entered into a three-year employment agreement with Kenneth Stead, its Chief Executive Officer and President (the “Kenneth Stead Agreement”). Pursuant to the Kenneth Stead Agreement, Mr. Stead will be entitled to an annual base salary of Two Hundred Forty Thousand Dollars ($240,000) and will be eligible for discretionary performance and transactional bonus payments. Additionally, Mr. Stead will be issued a sign-on bonus of four million five hundred thousand (4,500,000) shares of Common Stock...."
3rd THIS proves the 333,333 shares in the O/S
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8878373
Toward the end of the S-1
"On July 5, 2012, we issued 333,333 shares of our common pursuant to a stock purchase agreement. The issuance was not a public offering as defined in Section 4(2) of the Securities Act of 1933 because the issuance was made to an insubstantial number of persons and because of the manner of the offering. This issuance was done with no general solicitation or advertising by us."
2nd THIS proves the purchase of Handcamp, November Properties, and Global Gold inc....
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8878373
Background
Kat Gold Holdings Inc. is an exploration stage company incorporated in the State of Nevada on June 6, 2007. On April 28, 2010, Kenneth Stead, our president and chief executive officer, acquired 2,043,333 shares of common stock of our company, par value $0.001 per share, from Ronald A. Davis and Ronald G. Brigham for an aggregate purchase price of $275,272. Simultaneously therewith, Mr. Stead purchased an additional 220,667 shares of our common stock from eleven other former shareholders of our company. Consequently, Mr. Stead paid an aggregate purchase price of $305,000 for the 2,264,000 shares of our common stock, which constituted approximately 85.6% of all shares of common stock then issued and outstanding. The foregoing share acquisition resulted in a change in control of our company.
On June 4, 2010, pursuant to a purchase agreement between our company and our parent company Kat Exploration, Inc., a company organized under the laws of Nevada, we acquired 100% of the mineral rights that KATX then held in and to “Handcamp,” a gold property (“ Handcamp ”) located in the Province of Newfoundland and Labrador, Canada from our parent company in exchange for 161,000,000 shares of our common stock.
Following our acquisition of Handcamp, we changed our business model to that of a mineral acquisition, exploration and development company focused primarily on gold properties. On August 26, 2010 our name was changed to Kat Gold Holdings Corp. As of the date of this prospectus, we have not generated any revenues but we have incurred expenses related to the drilling and exploration of Handcamp.
On November 25, 2011, pursuant to an asset purchase agreement between our company and our parent company Kat Exploration, Inc., we acquired 100% of the mineral rights that KATX then held in and to Rusty Ridge, Collier’s and South Lucky (each a “ November Property ” and collectively, the “ November Properties ”) located in the Province of Newfoundland and Labrador, Canada from our parent company in exchange for 135,000,000 shares of our common stock. We sometimes refer to Handcamp and the November Properties collectively as the “ Properties .”
On April 18, 2012, we executed a Securities Purchase Agreement (the “ Purchase Agreement ”) with Global Gold Incorporated, a corporation organized under the laws of the Province of British Columbia (“ Global Gold ”), and the shareholders of Global Gold (the “ Sellers ”), pursuant to which we acquired all of the issued and outstanding shares of the capital stock of Global Gold. The consideration that we paid (the “ Purchase Price ”) to the Sellers was an aggregate of one hundred sixty-one million (161,000,000) shares of our common stock, of which one hundred eighteen million, two hundred sixty-three thousand, one hundred fifty-eight (118,263,158) such shares payable to Thomas Brookes and Matthew Sullivan, the principals of Global Gold, were placed in escrow and will be released in accordance with the terms of an escrow agreement.
1st THIS explains the 2,264,000 owned by Ken Stead and the 380,500 Float:
http://yahoo.brand.edgar-online.com/EFX_dll/EDGARpro.dll?FetchFilingHtmlSection1?SectionID=7227300-16077-16789&SessionID=mN3HHSCK0tpmo47
SECURITIES PURCHASE AGREEMENT
This SECURITIES PURCHASE AGREEMENT (the "AGREEMENT") is made and entered into as of April 16, 2010, by and among Kenneth Stead, an individual with an address of c/o Kat Exploration, Inc., 1149 Topsail Road, Mount Pearl, Newfoundland A1N 5G2, Canada (the "PURCHASER"), Bella Viaggio, Inc., a Nevada corporation (the "COMPANY") and Ronald A. Davis, an individual with an address of 665 Ashford Place, Brentwood, CA 94513 and Ronald G. Brigham, an individual with an address of 16887 King Richards Court, Sherwood, OR 97140 (collectively, the "SELLERS").
RECITALS
WHEREAS, the Sellers own of record and beneficially in the aggregate 2,043,333 shares (the "SHARES") of common stock of the Company, par value $0.001 per share (the "COMMON STOCK"), which shares constitute approximately 76.9% of all the issued and outstanding shares of Common Stock as follows: Mr. Davis, 1,043,333 Shares and Mr. Brigham, 1,000,000 Shares;
WHEREAS, the Sellers desire to sell to the Purchaser all such 2,043,333 Shares and the Purchaser desires to purchase from the Sellers all such 2,043,333 Shares (the "SHARE ACQUISITION"), upon the terms and subject to the conditions set forth herein;
WHEREAS, other than (i) the 220,667 Other Shares (as defined below) being purchased by the Purchaser in the Other Share Acquisition (as defined below),
(ii) the 380,500 shares of Common Stock owned by persons who are non-affiliates of the Company (the "NON-AFFILIATED SHAREHOLDERS"), the Sellers and/or the Purchaser and not being acquired pursuant to this Agreement or the Other Acquisition, and (iii) the 2,043,333 Shares being acquired pursuant to this Agreement, the Company has no other securities issued and outstanding;
WHEREAS, the sale of the Shares pursuant to this Agreement is being made, inter alia, in accordance with and in reliance upon the exemptions from securities registration for offers and sales under Section 4(1) and Section 4(2) of the under the Securities Act of 1933, as amended (the "SECURITIES ACT");
WHEREAS, as a condition to the closing of the Share Acquisition pursuant to this Agreement, the Purchaser pursuant to a stock purchase agreement by and among the Purchaser and eleven (11) other sellers of Common Stock, dated of even date herewith (the "OTHER SHARE ACQUISITION"), the Purchaser shall acquire simultaneously with the closing of the Share Acquisition, 220,667 additional shares of Common Stock (the "OTHER SHARES"); and
WHEREAS, following the closing of the Share Acquisition and the Other Share Acquisition, the Company will have issued and outstanding 2,644,500 shares of Common Stock, of which (i) the Purchaser shall own 2,264,000 shares of Common Stock, constituting approximately 85.6% of such shares, and (ii) there shall be 380,500 shares of Common Stock owned by the Non-Affiliated Shareholders, constituting approximately 14.4% of such shares.
I will get some more info for you... if you wish :o)
"Prove it" Thought I just did... :o)
I provided where the info came from... Did you even read it??