hey, gotta give you credit for at least being consistent, LOLROFLMAOLOL

KATX has 600M+ shares outstanding right now and directly holds another 65M shares of BVIG which will be part of the stock distribution. BVIG will issue another 96M shares of stock either to KATX to distribute to shareholders since they would have the records or directly to the share holders. The 65M shares of BVIG that KATX is currently holding will also be distributed to shareholders of KATX and KATX will still have 600M+ shares of its own stock outstanding.

The share distribution doesn't have anything to do with KATX stock other than owners of it receiving the shares.

He is calculating based on the 67M shares that Ken is shown to beneficially own in the 6/4/10 8K, then adding 161M shares representing the purchase price for Handcamp to the 67M and coming up with 228M, which I believe is incorrect. The 67M that Ken is shown to beneficially own includes 65M issued to KATX as an initial payment for Handcamp and 2,264,000 that Ken directly owns from his purchase of BVIG. I believe the total will be the 161M issued (which means another 96M plus the already issued 65M) for the Handcamp purchase plus the 2,264,000 Ken directly owns for the total of 163,264,000.

He's double counting the 65M already issued and under his calculations BVIG is paying 226M for Handcamp.

I think for 2 reasons.

1. They felt like with the good drill results the risk of everyone unloading their free shares and causing the share price to drop dramatically has been diminished.

2. With all but the BOD's shares free trading it provides a potential float for the stock without any additional dilution to get one.

Both positives in my mind.

The only thing that really matters is drilling progress, JV's and drill results. I was nervous waiting for drill results in the slim chance they came back weak. But now that we know that's not the case I feel more confident than ever with owning both KATX and KATG. While the share price may stay depressed short term, I fully believe in a year that it will be multiples higher, which is fine as I'd rather sell with long-term capital gains taxes rather than short-term ones, so I can keep more of my gold.

This is the link where you can find all of the SEC filings regarding this matter. I believe the one dated 5/4/10 is where Ken bought BVIG and the one dated 6/4/10 is where Handcamp was sold to BVIG.

http://yahoo.brand.edgar-online.com/default.aspx?companyid=759456

Yeah but don't forget that based on Tradersrule's secret source, our method was suspect so that could be part of the problem.

From the 8K SEC filing here is the transaction whereby Ken purchased BVIG:

On April 28, 2010 (the "ACQUISITION CLOSING DATE"), Bella Viaggio, Inc., a Nevada corporation (the "COMPANY"), entered into a Securities Purchase Agreement dated as of April 16, 2010 (the "PRINCIPAL AGREEMENT") with Kenneth Stead, an individual (the "PURCHASER") and Ronald A. Davis and Ronald G. Brigham (each a "PRINCIPAL SELLER" and collectively, the "PRINCIPAL SELLERS"), pursuant to which the Purchaser acquired (the "ACQUISITION") all the shares of common stock of the Company, par value $0.001 per share (the "SHARES"), then held by the Principal Sellers, consisting of 2,043,333 such Shares (the "PRINCIPAL SELLER SHARES") for the aggregate purchase price of $275,272 dollars. The Acquisition resulted in a change in control of the Company. The Principal Seller Shares constitute approximately 76.9 % of all the issued and outstanding Shares

Subsequent to that Handcamp was sold to BVIG for 161M shares, with an initial downpayment as such of 65M shares, as listed in the following 8K regarding the transaction.

The following table sets forth, as of the date of this Current Report on Form 8-K, certain information regarding the beneficial ownership of the Common Stock by: (i) each person who, to the Company’s knowledge, beneficially owns 5% or more of the Shares and (ii) each of the Company’s directors and “named executive officers.” Prior to the Closing Date, there were an aggregate of 2,644,500 shares of Common Stock issued and outstanding. As of the date of the Current Report on Form 8-K, there are 67,644,500 such shares issued and outstanding.
Name and address of Beneficial Owner Number of Shares Percent of Shares (1)

Directors and Named Executive Officers:

Kenneth Stead (2) 67,264,000 99%

Ronald A. Davis (3) 0 - - -

[b]Kat Exploration, Inc.
1149 Topsail Rd.
Mount Pearl, Newfoundland, A1N 5G2 65,000,000 96%

5% or Greater Beneficial Owners

Kenneth Stead (4) 67,264,000 99%

(1) Beneficial ownership is calculated based on the 67,644,500 shares of Common Stock issued and outstanding as of the date hereof, together with securities exercisable or convertible into shares of Common Stock within sixty (60) days of the date hereof for each stockholder. The shares of Common Stock issuable pursuant to those convertible securities, options or warrants are deemed outstanding for computing the percentage ownership of the person holding such convertible securities, options or warrants but are not deemed outstanding for the purposes of computing the percentage ownership of any other person.

(2) The address for Mr. Stead is c/o Kat Exploration Inc., 1149 Topsail Rd., Mount Pearl, Newfoundland, A1N 5G2.

(3) The address for Mr. Davis is c/o the Company, 2120 58th Avenue, Suite 107, Vero Beach, Florida 32966.

(4) Mr. Stead is the control person of Kat Exploration, Inc. and may as such be deemed to “beneficially own” the shares of Common Stock owned by Kat Exploration, Inc. Mr. Stead, however, disclaims beneficial ownership of all such shares of Common Stock.

There will be an additional 96M shares issued to KATX to distribute to shareholders as part of the stock distribution, or issued directly by KATG to make up the 161M total shares owed for Handcamp. As of today, Ken directly owns 2,264,000 shares and IS CONSIDERED to beneficially own all 67,264,000 shares that are listed on the 8K. However Ken by his own mouth disclaims beneficial ownership of the 65M that have already been issued to KATX and his large ownership position will come with him receiving the 1 for 4 distribution just like everyone else, however, he owns substantially more shares of KATX than any other individual. This will give him effective control of KATG, but not necessarily by himself a greater than 50% majority ownership position. This should mean the final share structure for KATG unless they further dilute will be 163,264,000 shares, with Ken directly owning 2,264,000 plus whatever he receives on a 1 for 4 basis.

It can be somewhat confusing but is spelled out in the SEC filings. I apologize as I couldn't get the columns to line up.

Again, they may be correct on the lack of new investor interest in KATX, but unless they're experts in mining and were privy to the details of the drilling program, neither they, nor you, are qualified to comment on the "method" used to obtain the results, which is a backdoor way to question the results and cast suspicion on the results themselves.

lol, whether or not someone is willing to buy the stock is a completely different issue than disparaging the methodology used to do their drill program. Under your argument then if they did the drill program the "right" way, then the share price would be over .20 and people would be flocking to purchae the stock. I'm not questioning the investors, I'm questioning you putting negative information out there that you supposedly heard from unnamed sources on a subject that you admittedly know nothing about.

That's interesting because Geo-newfie who posts here, is a geologist and knows about mining was saying the exact opposite earlier. Hmmmm, who to believe?

My own take is that it's going to be an accumulation of positive events, ie Rusty Ridge Drilling, a JV on a property, news on Vale and Lucky, etc that are going to cause the share price to increase and stay up. I think any single event like the drill results on Handcamp puts more of a floor on the price but by itself may not cause a sustained price spike. My belief is that if you look at the pps on KATX and KATG this time next year they'll both be higher for sure. If you look at them this time next month they may be higher and may be lower. It's a 9 inning game and we're still early in the game.

I agree, but you've got to remember the people on this board like you know wayyyyyyy more than the average investor that's just looking on Yahoo or someplace and seeing the results and seeing the BVIG name without checking any further. I think if the average investor understood that right now KATX owns 96% of those HC results then the pps on KATX would be more reflective of the good results.

They'll have stock worth that much money and will be able to sell that stock into the market to raise cash for operations for KATX. So part of the plan that KATG would provide funding for KATX could come to fruition through selling that stock, without the need for further dilution by either entity.

This is the information that needs to get out because I don't think most potential investors are aware of this fact and just assume that because KATG owns HC, that the great results shouldn't really help KATX at all, when in fact right now KATX owns basically all of KATG.

Those shares were a result of the Handcamp transfer. Ken purchased the original 2M+ shares of BVIG and then the 65M shares were issued to purchase HC, which is where the total listed by Ken's name comes from.

Yeah I saw that, my computer froze up and so I was done with my message before I saw Bio's. The only reason Ken is listed is because by virtue of his controlling interest in KATX he is considered a beneficial owner of those shares.

I didn't fully understand that KATX directly owned the shares but this makes things even better and the share price should more directly reflect this. I think that information is not understood by the market and is part of what is holding the price down.

It would depend on the fact if Ken owns the 65M shares directly or not. He is listed as the beneficial owner which could mean he owns them directly, or because KATX owns the shares and by virtue of his controlling interest in KATX he has the power to determine what happens with them. Maybe someone has already answered this and determined how the actual ownership is. I believe that KATX owns the 65M shares in BVIG since those shares were paid to KATX for Handcamp which was a property owned by the company not Ken personally. If this is the case then the drilling results are a huge deal for KATX by virtue of the ownership of 65M shares of stock. If this has never been determined for sure maybe someone could find more information than what I found or ask Ken directly.

If I remember right it took about 3 months from when they initiated the drilling program on HC until they actually started drilling. They announced the middle of June that they were initiating a drilling program for Rusty Ridge so if things play out the same I would think we'll get an update on drilling for RR around the middle of September, which may be about the same time that the KATG shares get released. That would help both companies, IMO

Not like the .000 stocks that you hold and pump on other boards. I wonder when they will be at .23?

I don't really think the action this morning has been that surprising. There was always going to be more of a bump for KATG than for KATX based on HC results. That's why it would have been great to have KATG trading when the news was released as it probably would have had a higher % increase than what we had yesterday and KATX would have gotten a minimal positive impact. I'd rather have free trading shares without additional dilution but if it takes too long for the shares to be issued and there's no additional PR's on HC, then the luster from yesterday's results could also be unfairly diminished for KATG based on most people these days wanting to know what have you done lately.

I hope I'm wrong on that part.

I'm as excited as the next person by the HC results, however, my excitement is tempered somewhat by the realization that we're not even up to where we were last week in the KATX pps and KATG is still not trading yet. I think the MM's will attempt to take this down this morning and panic some people who bought yesterday and then in the afternoon it should settle in the .15-.16 range.

I'll be excited when we get back over .20 with green skies ahead. I do wonder now that the drilling is done, if they keep the drilling rigs there and announce the start of Rusty Ridge drilling or have done enough leg work to prepare for Phase II of HC drilling.

I don't think that's it at all. I also would have loved to have KATG free trading when this news came out because I believe the price on KATG would have gone up substantially more than KATX did since the HC results are more directly impacting KATG and because of the smaller float.

Good points as I too think that there was a learning curve associated with all of this and they naively made some decisions and assumptions on how long they thought certain things would take without factoring in beaurocratic snags. I put more of the blame on the timing issues with their legal team as they are supposed to have more experience and should have been able to tell direct their efforts based on that experience. I would have loved to have had my shares of KATG in my account and free trading today to see what the news did for the stock price, especially when you consider that there will be 1/4 the shares as KATX. Based on the $.0319 increase in KATX today you could extrapolate that KATG would have gone up by $.12 on the basis of fewer shares.

I agree for the most part, however, at this point I think I'd rather wait a little while to have shares that are free trading immediately which removes the need for further dilution to KATG to get a float, rather than have the additional float caused by the restricted shares but have them available sooner.

I forget who the poster was yesterday but someone said they had accumulated 7 Million shares, if that's true they just made almost $250,000 today. Nice work

Also, If you read through the PR's on the BVIG distribution, it indicates that cash coming in to KATG would also be used to fund some operations at KATX, which could mean a higher pps for KATG when it trades based on the drill results or a JV based on results could provide cash to KATX to prove up Rusty Ridge and some other properties sooner which would be a positive for KATX.

If it wasnt dealing with the price of KATX it would be almost funny to watch NITE and HDSN keep undercutting each other on the ask so they can be at the head on LII.

Wow, Bio I gotta say you're definitely on top of things, lol.

Maybe the company ticker should be changed to KATGS with that amount of silver.

It would have been nice to have some shares in KATG when the announcement came out to see how the share price reacted. It will be interesting to see where they start trading at when the shares are issued in light of this news. It would be nice for them to announce the start of Phase II of the drilling program about the same time as the shares are issued to further put a floor under the price.

Unfortunately so far nothing, although most of the pps help from the results should come in BVIG(KATG) when it starts trading I would think more than KATX.

Losses can also be used to offset up to $3000 of ordinary income and any losses beyond that can be carried forward into the next tax year. I just let Turbo Tax figure it all out for me since I'm too lazy to do all the calculations myself.

lol, trust me I'm not at the top rate, I was just using the 36% and 39.5% to show what someone could get taxed out if they cash out enough profit to get in the top bracket as opposed to the 15% and 20% if they hold for a year. Regardless of your individual tax bracket short term gains are taxed at the same rate as ordinary income.

If you hold the stock for less than a year before selling for a profit, then it will be taxed at the short term capital gains rate which is the same as the tax rate on ordinary income, which maxes out at 36% right now and 39.5% next year. If you hold the stock for longer than a year before selling for a profit then it will be taxed at the long term capital gains rate which right now is 15% and will be 20% next year. This is the difference and one thing that needs to be considered anytime you sell stock.

Sorry for my poor explanantion, but since short term capital gains are taxed as ordinary income I don't generally consider them capital gains even though technically they are. It's just my own internal metric to differentiate from long-term capital gains taxed at 15-20% and short-term capital gains taxed as ordinary income. My bad.

This gives a pretty good synopsis of what they are now and what they will be starting next year if the Bush Tax Cuts are allowed to expire and down at the bottom there are references to additional pages if you want to go direct to the IRS site.

http://en.wikipedia.org/wiki/Capital_gains_tax_in_the_United_States

Hope this helps

It really depends I would think on how good the results are. Lots of people are already all in on this one so most of the posters here probably won't be able to or wouldn't buy more shares because of the results. If the information got out and brought in new buyers then you have a chance for the price to go up with good results, but it will take some volume, especially on the pinks since the MM's can for the most part control the price. But even then with enough buying pressure they'll take the price up. And remember even if they came back with huge results most of the pps increase, if any, would probably be in KATG since that's where the ownership of Handcamp lies.

If you look at the run back in May it happened really without substantial news but just on the anticipation of news and as recently as last week KATX was trading above .17 without anything.

Don't you know that only really rich people own stocks and ever have capital gains to declare so it makes perfect sense to take as much money from them as possible and reward those who are less fortunate, usually by choice.

What makes it worse is that at the end of this year even capital gains taxes are going to increase from 15% to 20%, which is still better than short term gains taxes but still a slap in the face.