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Certainly, but that horse left the barn and this form 8937 is a big help to those who received the BVIG distribution.
Mommasaid,
Great job !
Scott
Item 9.01 Financial
Statements
and Exhibits
As used in this Current Report on Form 8-K and unless otherwise indicated, the terms the "Company," "Registrant," "Kat Gold," "we," "us," and "our" refer to Kat Gold Holdings Corp.
Item 1.02 Termination of a Material Definitive Agreement.
On February 27, 2014 we executed a Share Exchange Agreement (the "Agreement") with Global Gold Incorporated ("Global Gold"), Mathew Sullivan and Thomas Brookes. Mr. Sullivan and Mr. Brookes were the principal shareholders of Global Gold before Kat Gold acquired all of the issued and outstanding shares of common stock of Global Gold. Mr. Sullivan and Mr. Brookes were also directors of Kat Gold and tendered their resignation as directors of Kat Gold concurrent with the execution of the Agreement.
The Agreement provides in part that 118,263,158 shares of our common stock previously issued to Mr. Sullivan and Mr. Brookes be returned to the Company and cancelled. In consideration for the delivery of the 118,263,158 shares of Kat Gold common stock, Kat Gold will deliver to Mr. Brookes and Mr. Sullivan all of the issued and outstanding shares of Global Gold owned by Kat Gold. A total of 42,736,842 shares of Kat Gold common stock previously issued to the minority shareholders of Global Gold shall remain issued and outstanding.
A copy of the Agreement is attached hereto as Exhibit 10.1. You are urged to review the Agreement in its entirety.
Item 3.02 Unregistered Sale of Equity Securities.
On February 28, 2014, the Company's Board of Directors issued 120,000,000 shares of our common stock to Kenneth Stead, our chief executive officer and 60,000,000 shares of our common stock to Timothy Stead, our chief financial officer.
Timothy Stead is the brother of Kenneth Stead. The 120 million shares of common stock issued to Kenneth Stead were in consideration for the cancellation of $153,000 of accrued salary. The 60 million shares of common stock issued to Timothy Stead were in consideration for the cancellation of $76,500 in accrued salary. The amount of the accrued salary forgiven by both Kenneth Stead and Timothy Stead was based on a 25% discount to the closing price of the Company's common stock on February 27, 2014.
2
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 27, 2014 Mathew Sullivan and Thomas Brookes resigned as officers and directors of our Company. The resignations were tendered in connection with the execution of the Share Exchange Agreement. There was no disagreement with Mr. Sullivan or Mr. Brookes regarding the operations of the Company or financial disclosure matters.
A copy of this Form 8-k has been forwarded to both Mr. Sullivan and Mr. Brookes.
Item 9.01 Financial Statements and Exhibits
Exhibit No. Exhibit
10.1 Share Exchange Agreement
I am not privy to any inside information either. It's way to easy claim someone an insider but how can it be stated as fact when there's no evidence. Much like claiming someone is a short seller. Dig deep and make your own decisions. Good luck to those who are long.
Loss on. Lesson learned move on. Can't save the world. I'm doing good w my investments. Good luck to you
There's more than one ticker I've list on
Sure. Pinkie land is crazy. Be on guard always . Take profits when u can and don't get greedy.
I can't even respond to all your innuendos, speculations in that reply. He could have, they might have, etc. just more speculation. All that dumping you allude to in the past week and the pps is higher. Can you explain that? In my experience, when over 100 million shares are dumped, the pps goes down, not up.
Sorry eelfland, damn spellcheck
More speculation but I'm sure eelfman appreciates your support in your views
So are you suggesting that they never got them or got them and sold them? What is your basis on fact on this? Do u have evidence they sold?
Sounds like pure speculation? Didn't you also speculate the s1 would never be approved?
I got my BVIG shares so did many others. Why Do you think Katx wouldn't get their shares?
Has anyone seen the terms of a RS? If its 2.4 B to 500 M. That could be about 5 shares turning into 1 share.
We'll miss your posts.
Canico was acquired by vale. Maybe you should read the POst again. No relationship to manjit. Lol. Full of speculation crap
Thanks for the update
Finally a post worth reading. Well argued and presented.
It's dropping fast, considering the big R/S they just had. Can't understand your enthusiasm.
It's going down Sub zero by July 10
It's going to be sub penny within a week. I predict !
Hmm interesting that he has contacts with vale. I wonder how ken and he hooked up?
That's silly. Who knows what happened. Maybe it was sold, where's your proof. I didn't claim any facts that it was sold. Your speculation might not be correct. Clutman found an interesting piece of DD. think what you want.
It's not for sale anymore. What does that mean?
Good find by Clutnam.
Kat Exploration
Waiting for the next update.
Still holding. Waiting for next update.
Those 180 million might turn into 9000 with a 2000/1 RS.
Oops 180 million
They just dumped 130 million and you didn't get any yummy shares? Hard to believe. Maybe you should buy at .0002.
guess you were wrong about that RS we all predicted. It's dropping again.
We missed u the last few days. Welcome back and thanks for your posts and links.
That's your interpretation. Thanks for your opinion.
Can we make it a class action?
maybe after the next awareness campaign, but no one seems to be buying shares, hence no bid.
Believe what you want. These clowns are playing the same game over again. I'm trying to help those thinking of investing here. Don't support the s Florida gang led by dror. How many tickets has he led to no bid?
They might have dumped 900 million in two months. Not so bad. Lol stay away from this one. More to come .
In the past two years, what have they done except run it into the ground, reverse split , and now into the ground again? I see another reverse split.
Well, those who have seen them in the past see through your comments. History does repeat itself.
Certainly at 2 or 3 to one but ONTCwill be at 1000 to one as part of their scamming ways