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It just keeps getting worse and worse.
Yesterday, our twitter partner raved about the market setting
records and ARYC trading higher (the stock closed at .145 on 1397 shares).
Today, the exodus continues, another high volume trade of 25k shares selling the stock at .10 cents a share.
The sellers are getting desperate to unload ARYC stock at any price.
And why not? Management does not think that we shareholders
deserve ANY information about the company. I don't remember the
last PR message.
We are supposed to believe all the nonsense on our twitter page
which never tells us about revenue, only the promise of exciting
lab tests done by others.
If they don't start behaving in a professional way the stock is
going to continue its downward path as more investors flee.
Incompetence has its own reward and that is what we are witnessing.
I don't understand this management.
They keep silent about
the issues stockholders care about. They do not tell us anything,
and I mean anything about their quest for financing of Ovadx
tests, their progress toward getting Ovadx or Parkinsons approval
with the FDA, and then they issue a 10k report which is absolutely
silent about the same issues.
And they are producing significantly less revenue without explanation.
The 10k is one of the most negative statements of operations
that I have encountered in my investing career of many, many
years.
I believe the stock will close tomorrow somewhere from 8 cents
to 12 cents a share.
stox56
I once owned 18,000 shares of this company worth around one thousand dollars before they
did something to the stock so I ended up with 180 shares worth
1.00 each. No Notice, just boom we have devalued your shares.
t was at this time that they announced that the guy and gal at
the top owned 12 million shares each.
My aunt recenty required a culture analyzed
in the hospital. They took 72 hours to determine
whether the culture was MRSA.
Doctors began administering antibiotics before
the results were returned thinking that if they
waited for confirmation it might be too late to
fight the infection if it was MRSA.
It turned out to be MRSA so they were right but what
if it was something else. This set of circumstances
must be repeated thousands of times a day and clearly
shows us how important our product is.
GLTA,
stox56
117,000 shares Darth.
GLTA,
stox56
you ought to sell this stock. Management cares more about getting rich themeselves than about their shareholders.
Mr Baker and his gal pal own all the stock and diluted earnings when they had a chance to produce extraordinary earnings if they
only would have kept their 20 million shares to themselves for another quarter.
I myself don't want to be involved with this mgmt.
glta,
stox56
I am so happy and relieved that the posts I am reading reflect
my ideas.
It has been driving me crazy seeing the price of this stock get
whacked everyday when I think the numbers they are producing mean they will do somewhere between 10 to 30 million in revenue this year, already have money in the bank and are smart enough to know they should get off the pinks.
They are being transparent about their business and I see a great
future for the company.
They are ambitious and are going to spread out from the auto business to real estate and several other businesses in the future so there is real growth potential here.
I thought I was the only one who appreciated what we seem to be seeing here as no one was posting. So thank all of you for
sharing your viewpoint and letting me know I am not crazy. It lets me be more relaxed about the temporary decline in share price.
GLTA,
stox56
I am very impressed with the creative and intelligent research
this board has done.
Congrats to all the researchers and shareholders and
GO BRZL
GLTA,
stox56
All of this dialogue about this and that is just that. Empty
dialogue without meaning. You put your money up and you buy
some stock. That is what it is all about.
Maybe you are right and the stock goes up 10 or 100 times,
and maybe you are wrong and you lose your money.
The rest of the issues have no meaning.
I choose to believe and I paid my money and I really like the odds.
GLTA,
stox56
You are one funny guy!!!
GLTA,
stox56
What will happen to my preopen market order tomorrow? Does anyone have an opinion about execution at the ask?
stox56
pro-trader,
I hope you and I will be rewarded this time. I was there with
you in the last play, maybe you remember my stox56 handle.
I was very upset at the loss of money and confidence I suffered
believing the story in the last play.
Hopefully this will be different. At least we know the goods are there, the experience is there, JR has ample financial motivation to complete the deal, he controls both sides of the equation, only something we don't or could not know will foul up the works, this time we know the resource is real instead of hoping it is real.
Best to you and any other refugees from the massacre in Newfoundland. And good luck to all.
stox56
To all BRZLers,
I did some research into Mr. Renfro's background and his
Omni Oil and Gas connection. I was particularly
interested that the headquarters of Omni Oil and Gas
is in a city named Carencro, LA which is about
45 miles from Cameron Parish, LA.
It would be logical to assume that Mr. Renfro would
have been familiar or easily brought up to
speed with the Cameron Parish property. I find the
geographical closeness evidence that Mr. Renfro
was familiar with the Cameron Parish property prior
to his establishing a financial interest in it. And I find
the closeness of the properties somehow reassuring.
GLTA,
stox56
Unfortunately the CEO has not been upfront about KATX or
BVIG resulting in the collapse of the share price.
How is it possible for this company to have claimed they were
going to issue BVIG shares with their GREAT legal firm handling
the distribution and for nothing to have happened by now?
I have sold all my shares but my belief in the honest Canadian
Stead family cost me alot of money and I am very unhappy with
the way it all transpired. I am very upset that I was duped
by this management.
stox56
If you believe what you just wrote you have a major problem
called gullibility.
It is all made up. Has the shipment been loaded yet????
stox56
At this point with no successes on the drilling front,
and outright lies or incompetence on the distribution front
BVIG is headed to subpenny land along with KATX.
All ex shareholders and those of us waiting for our BVIG
shares feel the company misled us and probably, even
worse, lied to us.
It doesn't really matter. Either way the company has committed
financial suicide. Anyone who knows our history will not
buy any more shares. With these facts on the ground no reasonable person will have faith in the company.
stox56
RavenDave,
You are the only one on this board with any sense.
Many months ago I warned investors about CWRN managements lack of
credibility.
Several years ago Bob and his cronies floated the same kind of
fictitious dealings and drove the stock substantially higher.
It turned out to be hogwash and I believe this is a repeat with a new audience.
Money has been made but don't be the last one out the door at .0001
GLTA,
stox56
It seems more and more likely that there will be no BVIG
share distribution which means that the company has induced
me and I'm sure others to buy and hold their KATX stock without ever intending to follow through and issue the 1 for 4 distribution. I don't know if this can be done without any legal consequences.
It is infuriating and costly. I held my KATX stock only because
I believed there would be a distribution of BVIG shares.
I wonder how Ken Stead and his wonderful legal counsel can
get away with this.
Maybe there is a securities class action suit here.
Anyone who wants to get involved in a class action suit please
respond here and we will see if there is a place for us to
get some justice.
stox56
Scubastevemd,
I am another of the sheep who believed in the sanctity of
the owner as those who purportedly knew him from childhood
told of his honesty and goodness. His entire family was
sanctified.
You can't trust anyone nowadays. I am embarrased that I
cajoled my son to buy some KATX and not only suffered a
devastating dollar and time loss myself but also lost some respect
from my only son. You think he'll respond to my next stock
idea???
I can't say that we've been lied to unless these shares are
not forthcoming on January 15th. Then I will have to acknowledge
that this is not only a mismanaged company but indeed a dishonest company.
They have the worst Investor Relations department I have ever encountered. The owner should hire a professional who can spell, write and present information in a positive manner
so every PR is not met with a 20-80% selloff. But the continuation of the bad PR's is proof that the owner does
not understand or care about the shareholders.
I only get one post per day but there really is nothing more to
say. I am only happy that I had the sense to bail out of my KATX
stock when the last PR singlehandely reduced the share price by
100%.
IMHO,
stox56
I checked every page and saw no mention of the mine.
Isn't it strange that every time someone visits the mine
Bob is not there and all visitors see are people going into
something to work.
I don't want to burst bubbles but pictures of equipment
and Valley putting out that same response that they did
in 2007 without any corroborating documents like a purchase
order or a customs broker who would have to be involved in
getting this large piece of equipment from one country to
another. How about a custom broker at the port of Ensanada
who is engaged in this transfer of iron goods via ship. Get us
the name of who is arranging this iron shipment from Bob. I mean if this is to be shipped soon there must be a company who
is involved and making plans to execute this shipment. How about the name of the ship that is scheduled to carry this shipment to China.
Don't be angry with me. I only want to find the truth and then we can all protect our money.
GLTA,
stox56
Anyone who believes Bob will fulfill anything he says has
not read the PR's that are available for all to review.
Do that and then see if you believe any of these claims.
It is much easier to write these bogus PR's but show me
one time this company has delivered on their promises.
Just one time.
And the fellow who said that he drove to the mine and saw
miners going to work, well what did he see? By his own
admission he does not speak Spanish and was not allowed on the
property to actually see what was going on. Again, go to
Google and check out 'Mina Guadalupe', it says it is an abandoned
mine so show me a listing on google or anywhere else that
verifies that this is really in production. And don't come back with pictures of nice looking Caterpillar machines and say this
is proof.
JMO,
stox56
Happy New Year all,
As this is the first post of 2011 let it be a guideline
for all of you CRWN enthusiasts.
When I saw the management post about the 32 million dollar
order I did some investigating and found that the old PR's
show that this same MOS has been done repeatedly starting in
2006. I read every one of those PR's and saw a pattern of
blatant untruths.
I thoght well maybe they've got the real thing now so I
googled Mina Guadalupe and found that it is an ABANDONED MINE,
and listed as such. Don't believe me, go to Google and punch in the company and the mine and see what you get.
It is such a good story and if it was true it certaintly would be a 1 dollar plus stock as it was in April of 2007 until their lies were exposed by a story in a Phillipine newspaper that stated that they had no mine in the Phillipines as they were claiming until the story came out. Go to the PR's in this site and you will see that I am telling you the truth. Too bad. I wish it were true, I also want to be rich.
Now you know why the stock is not moving the way you would expect with a story like the 32 million dollar order, etc. It seems that there are many others like myself who know the truth.
Now the stock may move a little higher because not too many are going to want to see the truth but if you are long always know that at some point their lies will be exposed and you don't want to be the last man out.
GLTA,
stox56
Hello to all ZLUSers,
I have recently been buying a position in ZLUS after
a very disappointing run with K_TX.
Just minutes ago I alerted the K_TX board to ZLUS with a post directing them to the ZLUS site.
GLTA,
stox56
The PR issued by the company is the most confusing piece of
literature imaginable. It was so negative it alone caused the
rush to sell.
The company did not say anything positive but did alert everyone
to the lack of copper found.
Management failed we investors. They waited much too long before giving us news. Because of the wait we imagined JV's or good news and then they issued this PR which was devoid of anything
positive.
I have no confidence in the company after this debacle and will find it hard to ever buy into KATX again.
They can't even write an intelligent PR!!!
GLTA,
stox56
H.E.Rainbolt is the father of David Rainbolt per the
following which comes from Forbes:
H. E. Rainbolt
Chairman of the Board
BancFirst Corporation
Oklahoma City , OK
Sector: FINANCIAL / Regional - Southwest Banks
Director , Sonic Corporation
Oklahoma City , OK
Sector: SERVICES / Restaurants
81 Years Old
Mr. Rainbolt has been Chairman of the Board of the Company since 1984, was its President and Chief Executive Officer from 1984 to 1991 and was the Chairman of BancFirst until 2005. He has been a director of InterGenetics Incorporated, a biotech company, since 2004. Since 1997, Mr. Rainbolt has also been a partner of Intersouth Venture Partners, a privately-owned venture capital fund. Mr. Rainbolt is a director of Sonic Corp., a publicly-held franchiser of fast-food restaurants. H. E. Rainbolt is the father of David E. Rainbolt.
I believe these new RR claims connect to our present
KATX Shaylee claim in the northwest corner of the new
RR claims. I think Claim number 017389M is the Shaylee claim.
If this is correct then it certainly increases the size of the RR claims.
And if I remember correctly Shaylee is supposed to be a potential source of gold.
Excellent news. It explains why everything has been so quiet.
GLTA,
stox56
I believe the new claims by KATX on RR connect to the
current Shaylee KATX claim. Very, very nice.
GLTA,
stox56
What terrific detective work this KATX board does.
We all need to thank ABRAHAMS for his diligence and courage
in asking the pinpoint question about KATX at the CDII
teleconference.
I once owned some CDII stock and can verify that they have
several mineral groups of which their Magnesium group is the
number one producer of Magnesium in the world. So this company
is a major mineral player and exceptionally well connected in China. They also have another mineral group which comprises many different ores. Several years ago their magnesium group was hurt by the recession and lower magnesium prices which is when they started to get serious about the Consulting part of their company.
Though an American based company,hdqrtd in Deerfield Beach, Florida, all of their manufacturing and mines are in mainland China and most if not all of their management is Chinese. Their CEO used to be an American but within the past several years he resigned and was replaced by a Chinese national who resides in China or Hong Kong.
This does seem like a logical connection and hopefully we are
correct in our conclusions.
GLTA,
stox56
Check out the box on Ameritrade -
It shows in the right hand corner % owned by instritutions the number .06 which my calculator shows as being
38,400,000 shares based on 640 million shares outstanding times
.06 per cent.
If I'm wrong I apologize but below please find the data I copied
from the Ameritrade data box.
Tuesday, December 21, 2010 2:03:34 PM ESTShow Me |Glossary|Page Help
KAT Exploration IncOTC:KATX Change company Symbol lookup
KATX KAT Exploration Inc
Basic Materials : Gold & SilverBased in Canada
Buy SellSet TriggersSet AlertAdd to Watch List
$0.065 0.0025 (4.00%) Bid
0.0625Ask
0.065B/A Size
5000x5000High
0.065Low
0.06Volume
1,288,756 (Below Avg)
OverviewNewsChartsEarningsFundamentalsValuationCalendarReportsSEC Filings
Prev Close0.0625
Market Cap ($)41.7M
Today's Open0.065
Shares Out.641.6M
Day's Range0.06 - 0.065
EPS (TTM)-537.88
Avg Vol (10-day)2.5M
P/E Ratio--
Last (time)1:58p ET 12/21/10
Ann. Dividend/YieldNo Regular Dividends
Last (size)10K
Ex-Dividend Date--
52-Wk Range
0.0165 - 0.252LowHigh
Beta--
% Above Low (01/06/10 - 05/26/10)293.94%
% Held by Inst0.06 Implied Volatility--
Short Interest (% of float as of --)--
Historical Volatility154.3%
Historical Quotes & Splits
Calvin,
I listened to the link that you provided. Very interesting and I look forward to their continuance of these efforts.
This sounds like a good forum to present what has happened
to KATX.
I only get one post per day due to my past history of accusing
other posters of treating KATX unfairly.
stox56
Eagle777,
If RR was a bust then the company would have issued a blog or perhaps a PR, though I think a blog would have kept it quieter.
The fact that we haven't heard anything must be positively interpreted. If the results were good then KS would be telling
Vale, Teck and any other mining company about RR potential
and making the best deal possible for KATX.
This is what I believe is going on. Negotiations take awhile to find the top bid, contracts have to be proposed and reviewed by the lawyers and finally signed and dated.
Time is of no essence, the minerals are in the ground and proven.
It only remains to find the best deal. Perhaps our CFO from CDII
is sumitting a deal to the Chinese which will take a little more time to translate.
I hope and expect that this is causing the delay for news.
Happy holiday to all KATXers,
stox56
NeomRocket,
This is my take on the lack of news.
KATX is now drilling Phase 11 on Handcamp and doesn't want the BVIG shares distributed until they have some new results that will verify the promise of Phase I results. Even though most of us think those orginal results were good I believe management realizes the markets' lack of interest in HC and wants to create a better trading milieu for BVIG shares before they are distributed.
Nothing will happen until those BVIG shares are distributed and that will only happen when new Phase II drill results are made public.
Once those BVIG shares are distributed to shareholders it will set the stage for RR news whatever it may be.
My personal take is that RR will announce a blockbuster JV and KATX shares will leap into dollarland. How high will only depend on the size of the IOCG if in fact it is an IOCG. RickUK's oiginal post delineating those parameters are the best resource for this computation. If not an IOCG see Biochemist on the value of a straight Magnetite deposit.
I also believe that this timetable is somewhere in the middle of January 2011. Which I believe is a good thing for we taxpayers because we will be in a new tax year. I also think that KS is aware of the tax consequences and is in no hurry due to the upcoming January 1, 2011 new tax year. After all, if KS is as benevolent as other posters have made him out to be this would be an excellent way to show his care for his shareholders.
I also believe that KS knows what a blockbuster he has in RR and feels no compunction to release anything now because he knows all will be well after the RR news is released.
All this is my opinion and I am still limited to one post per day because of my past indiscretions. So if you reply and I don't respond it is not due to arrogance on my part.
GLTA and STAY LONG and PROSPER,
stox56
wwalker3,
Congrats on your purchase today, may it make you wealthy.
The original post by RickUK is number 95187. This is the one where he gives you a table and potential values.
I don't have the link to Bio's table but I remember he said that
if RR is an IOCG then every 1 percent of Olympic Dam's size correlates to 1.60 share price for KATX. So if RR is 10 percent
of OD's size KATX should be worth 16.00
Hope this helps.
stox56
Everyone says the same thing: "that we are good and the world will know how good we are when the PR comes out."
Well, when will that be? The stock price goes down and down and down without news.
It is unfair for the management to put its shareholders through
this extended torture.
They have to know the effect this vacuum has on the share price.
Yet they don't care about we shareholders.
They simply have curled up somewhere and seem to have died.
Which is exactly what is happening to the stock.
I have always been a firm believer but this is beyond the limits
of fairness.
IS SOMEBODY THERE IN KATX MANAGEMENT?
stox56
TDAmeritrade allowed me to put in a stop loss at .14cents when KATX was trading at .175 cents
They took the price down to .14 cents and stopped out all my shares. I was shocked. I couldn't believe it.
This is my first purchase in Pinkyland so I had alot to learn about this market which trades without any rules. If you are holding long term you just have to do your DD and if you believe then ignore the day to day trading because it is all manipulated by the MM's.
So I learned that if you put a stop loss on the books it becomes a target and will be executed in the not too distant future.
I have not and never will again repeat the error.
GLTA,
stox56
The problem with our situation is a lack of information.
As I posted yesterday I will again today. Silence in the
face of a falling share price will not answer the fears and
UNCERTAINTY of the marketplace.
Now all of you talk about this supposed NDA, and maybe there
is one, but if so wouldn't a blog statement to the effect that
circumstances don't allow an update or something to that effect
satisfy our need for news without crossing the line of the NDA?
There has to be something the company can do and it is time that
they do something. There are too many questions without any answers.
Mr. Stead's credibility is being diluted and once gone may never be reclaimed. Time to do something!!! NOW.
I am still long and not as strong as before but I would not be here if I had known what an ordeal this would become.!!!
GLTA,
stox56
Mappo,
What drives me crazy is the boss sees the share price is in
trouble and does nothing to stop the bleeding.
Why? All the market needs is some reassurance that there
are breathing live people in management who haven't forgotten
we shareholders. That there will be a PR or something coming
very shortly.
The market hates uncertainty and silence on the part of mgmt
breeds uncertainty. Silence in the face of adversity (a falling
share price) encourages falling prices.
Is the boss so busy or so uncaring? One has to begin to wonder.
GLTA,
stox56
Phootballs,
Excellent posts that sum up the way many of us who have studied the DD feel.
It is the reason I and I expect many others are still invested here even though the share price often acts as though the company does not have the 'goods'.
I believe the drilling at RR will confirm the DD, the gravity
anomaly, the IP's, the magnetic anomaly and all the other signs that RR is a well mineralized property.
Often I get impatient and tired of waiting for the good things
to happen but I still believe that those good things will happen
and lead to a much higher price. And so I wait. Hopefully our
waiting is not in vain.
GLTA,
stox56
Skyhawk66,
I know I have some shares and I know I don't have as many
as Homevendor but just like Homevendor I want more shares.
I only hope that the shares that I have will let me retire
in style.
I am sure I speak for most of the old time longs who know the
DD.
Good luck to all and
stay long and prosper,
stox56
Grahamber,
I made a copy of that table of potential RR values and
refer to it whenever I want to reassure myself that it is
indeed possible for me to get rich or comfortable with good to
exceptional results.
I have always counseled investors here to
Stay long and prosper,
stox56