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May I refresh your understanding of what the simple English phrase UP TO means?
That is a distortion of what the press release said, in what seems to be a very deliberate attempt to defame Ken's character, i.e. "he said it and lied".
Very interesting.
No it is not. You should know what the basic rules and grace time periods are for filing extensions.
I remember as clear as day how so many were clamoring for a Rusty PR in that weeks after drilling was completed. And then in late December it reached a fever pitch. "Please tell us anything, just anything even if it's the results are not fully in, ... blah, blah, blah". And then when Ken tried to listen and accommodate that with the Christmas PR, what was his reward? He got kicked in the teeth by the same people who begged day in and day out "for anything". They then bashed him relentlessly with "Why did you put out that PR? Why did you not wait for full results? Etc."
Same thing with the BVIG shares. People complained that the shares were restricted and then when the company took the extra time, effort, and time to lift the restriction and that good will gesture turned bad, he got bashed endlessly.
Both those events in my opinion cast the die for the current silence.
That response shows me you know very little indeed how deals are done in business. Companies negotiate according to the what they think other side will take. ("what the market will bear") A startup is more willing to take less when they are hungry for cash than a more established company that is not as anxious or needy such as Conerstone. THAT'S REALITY. Not this opinion based on nothing, no inside knowledge or facts!
Don't change the subject. You called Ken a liar. I still waiting for Ken's biggest lie. If you dodge and bob and weave and change the subject like you did in that last response, then I will have to assume that you have nothing that will stand up to real scrutiny, just vague, baseless innuendo. "Well he is just because I feel that way..."
I've read every single PR in precise detail. When a business states they plan to do X, and then business conditions either change or don't pan out as favorably as expected, the stated plans can be either be cancelled or delayed or changed. I have a grownups perspective on this. I understand this. I don't accuse those companies of LYING as if I was some little child with no understanding.
Ive never seen professional stock analysts accuse companies and/or the CEOs of lying in those situations either. And why is that? Because they have an adult understanding of business.
Oh God not that again! I've spoken with people and then when others referenced the conversation, BUT twisted it with the usual "telephone game", I've denied ever talking to the person and saying the twisted version.
Not "all he can offer", but "all he wants to offer", since he has gotten badly burned in the past.
I remember as clear as day how so many were clamoring for a Rusty PR in that weeks after drilling was completed. And then in late December it reached a fever pitch. "Please tell us anything, just anything even if it's the results are not fully in, ... blah, blah, blah". And then when Ken tried to listen and accommodate that with the Christmas PR, what was his reward? He got kicked in the teeth by the same people who begged day in and day out "for anything". They then bashed him relentlessly with "Why did you put out that PR? Why did you not wait for full results? Etc."
Same thing with the BVIG shares. People complained that the shares were restricted and then when the company took the extra time, effort, and time to lift the restriction and that good will gesture turned bad, he got bashed endlessly.
Both those events in my opinion cast the die for the current silence.
Great strategy!
Speaking about Handcamp Splash, Jack tried to warn all the nervous nellies last August on the blog as follows:
Ken and Tim's Restricted Shares and SEC Rule 144
Are you aware that KATX has mineral claims on various properties? Yes it is true. You can go to their web site and verify that for yourself.
Does it really need to be explained to some why investor's invest in startup companies with no sales or revenues yet? Good God! If KATX had proven mineral reserves the stock would be trading much, much higher.
I just finished watching an episode of ABC's Shark Tank. Many of those startup companies who go before the millionaires and billionaires sharks have little to no sales revenues or income from their products. The Sharks see the potential and that is why they make deals to invest their money. This is so basic.
Nice chart video. I noted that you mentioned:
1) You like the chart.
2) The RSI is trending up - Good
3) We broke the 50 day MA - Good
4) Love that the big volume was at the start of an uptrend - Good
5) Lighter volume dips are not a bad thing (past few days) - Good
6) Parabolic SARs under the candles are a very good, positive sign - Good
7) Longer we consolidate in the channel the better the case - Good
Please post a hard link to back up what you are claiming, and note that you said they are about to become restricted.
You really don't understand what CFG1 does. I'd suggest going to their website and doing a little homework first before posting more on the topic.
Let’s cut right to the chase here. You make an accusation against KATX, accusing them of a pump and dump, actually two.
I highlighted the ways they arrange financing for companies. What what on earth does what you posted to me have to do with that?
Did you know it takes money to find the minerals and prove the amounts? Yes, it does.
Stanley Wunderlich's Background
Chairman & CEO
swunderlich@cfsg1.com
The founding partner of CFSG1, Mr. Wunderlich brings to his clients nearly 40 years of experience in Wall Street activities. A specialist in corporate development and the formation of triangular reverse mergers, he has participated in numerous initial public offerings, private placements of equities and institutional private equity offerings. Mr. Wunderlich helped launch two previous investment banking firms, the Renaissance Group and Krieger, Wunderlich, Fialkov, Scheinman & Company. He has also served as Managing Director of J.T. Moran & Co., as a Registered Principal at Dunhill Equities, and as Managing Director at Robert Todd Financial. He is noted for the close relationships he has forged with key brokers/dealers, venture capitalists, institutional investors, research analysts, media personnel and other global private equity source.
Listed in Who’s Who in Executive Management, Mr. Wunderlich is a former member of LIFT (Long Island Forum for Technology) and a former member of the American Stock Exchange Arbitration Panel. He holds a B.A., L.L.B. and most major credits toward his M.B.A. in Executive Management. A proud former member of the United States Marine Corps, he is a two-time “Ironman” World Championship finisher.
Stan is a no nonsense ex-marine New Yorker. I like guys like him. Direct, straight to the point, not a lot of chattiness like some teenage girl. I personally don't want an IR person who thinks they need to be my mommy.
You said to watch for what you would put out about KATX in the next week
Stan:
You have absolutely no knowledge of what financing they have, or may be be lining up. Your opinion on the financing is based on zero facts.