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load up with these sheapies
Yea $10k doesn't take you too far when it comes to heavy equipment, even the most basic of drill programs run into the hundreds of thousands of dollars.
Then the filings must be lying, or maybe they found a drilling company to work pro bono.
Agreed, this stock isn't an investment, it's a pink sheet. Trade it as such. Look to play another bounce in the .01 range, maybe lower this time around.
I still have a small position here, I still (maybe) have distro shares coming, and I still have an opinion about the way KATX has been handled as a business.
Well I wish he would take that approach with KATX because KATX has pretty much been the whipping boy to establish BVIG. At some point he's going to have to issue a float along with the distro shares, then I think you'll see an accurate representation of what a share of BVIG is really worth.
BVIG is pretty much privately owned by Ken and Tim, it barely trades. To compare KATX that has a float and is liquid to BVIG which pretty much has no float whatsoever and is almost entirely held by the owners is comparing apples and oranges. What would a share of KATX be worth if we got rid of the entire float? That's my point.
But is BVIG really worth it's current price? It's barely trading and I think once the entire O/S gets established you're going to see it trading at a much lower PPS. They have to establish a tradeable float yet, so unless Kenny and Timmy donate all their shares to the float, the O/S is going to have to go up.
KATX shareholders would potentially be taking an absolute bath if that was the case, we don't even know what BVIG is worth. I wouldn't consider it out of the question though. It'll accomplish the same thing as a R/S.
This is a point that I raised months ago, if there is a R/M into BVIG the share structure will be rather bloated, probably close to 2B when it's all said and done. At that point a R/S will probably be considered.
No doubt, for a company who actually has gold production instead of pie in the sky dreams, the IBox is pretty weak. I've done some basic DD on NWGC and there's some good info out there.
Until all these promises made by the company come true this looks like a share selling shell game more and more as the days and months go by. It looks like Ken and Tim will be a-ok with all the free shares they gave themselves and continue to give themselves.
I think we're going to have a runner here ladies and gents. I see a few masters of solid DD over here combined with some master chart traders.
It'd be nice if we had a T/A that could give us up to date O/S numbers, this is just a typical stinky pinky now imo.
I think we'll see the O/S grow for sure. I doubt I'm going to stick around much longer if it looks like that's the way it's heading.
The thing that bothers me is that Ken could clear this up with a two word email and he hasn't, has me assuming the worst.
Hey what's up? Heard you guys have something brewin' over here.
That's fine by me, I'm in. I love Fridays for quiet entries after a nice meaty PR.
Indicators are resetting, we're close to the bottom of the chart right now, about to start a trip imo.
The amendment for the increase in the A/S was filed on 4/21. It clearly states everything on the website. I'd try calling to see if you can get a copy, or to see if documents could be fraudulantly filed. I've also tried to see if KATX is incorporated elsewhere now, as they have been in default status for quite some time with Nevada.
I can't say I'm surprised that even the filings don't add up to other information we have. Nice to see that Ken and team are continuing to pay themselves a healthy wage, wonder how much more has to happen before the SEC puts this dog down.
Ready for a move up here, I want this chart to keep looking like a step ladder. Indicators are resetting and I'm looking for that 200 DMA to push us up.
Load 'em up in the trips. It's about that time.
It's best to stay silent when you might have shares to sell. Usually giving shareholders a heads up that dilution is going to happen is not the way to go when you're trying to get the best money for your shares. Look for a PR barrage with the new IR firm if this is the route this goes.
From what hints we have it sounds as though there are definitely irons in the fire, contracts both big and small. Just waiting for PR's explaining the details.
Yep there's been a definite effort to keep the spread at 7/8.
That was a weaksauce eod bidwhack.
You guys are expecting waaay too much from an informal chat. It is what it is, I hope to updated with whatever went down across the Atlantic this week.
Thanks man that means a lot to me lol.
Possibly, although none of those .0007's found their way to me.
Did anybody just get any of those .0007's?
Well, I guess that's your opinion. I see the accumulation channel we're in, and day to day volume is not going to be huge compared to when this is trading in the swings. Indicators help in determining accumulation also.
Yep usually when pinky ceo's set dates, you're in for a disappointment. I think we might see some news coming shortly though.
It's a fair perspective you have, in the end both sides make claims that can't be verified, and everyone has their own opinion of how every CEO should do their job. That's why I prefer to keep to the chart and look for plays that are loading up like AWYI.
Thanks for posting some good info, once again this coincides with many on here who have been trying to say that a R/M into BVIG won't "just happen". Sounds like the two most probable options are either a full audit or BVIG goes to the pinks.
The chart tells the story IMO, anybody can say anything, but the chart doesn't lie. This has been loading for quite some time now.
I guess the thanks was premature. I can only hope we don't have to endure another share distribution debacle.
We should be thanking them for dropping Twilight, it's another potential share distribution we won't have to live through.
Looking at the chart with the accumulation we've had at these levels, it's my opinion that we will uptrend or have a violent pop. Either way, I think those that have been loading in the trips will do very well.
The difference is we are being left hung out to dry with drill cores that aren't being disclosed while shareholders are losing their butt. Ken also has fiduciary duty towards shareholders to work in the best interest of shareholders. I would say that's not happening right now, unless they just don't have anything good to say.