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Nevada SoS name change completed
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=Ji6hnCJCRNX541ZMO6c0Rg%253d%253d&nt7=0
Most brokers are showing this as a purchase with a cost basis of zero.
Nothing...etrade and others will now generate a 1099 forcing you to pay taxes.
Most of us would have preferred that no 1099 would be generated.
Zero tax bubba as I stated last year.
I have multiple brokers...all report basis as zero and no 1099 for either bvig or katx required. Not sure why all the grief.
Thank-you. I was using your post on katx and misintrepreted one of your statements...my bad. Prospectus states taxable.
Good luck
It is a nontaxable dividend. Your basis when you receive it is reduced by the.valye.of that basis...ie it goes to zero. When you sell bvig you will pay taxes on anything over zero. In your case $1000.
When you receive the stock dividend it is nontaxeable which means the basis goes to zero whwn you sell it, so you only pay taxes on the $1000. With the katx stock you can claim tge loss when you sell that as well.
Not only that, it hit .0004 numerous times earlier this year bouncing for 50% gains during the same period. Looking for a repeat of that oscillation again.
Good luck!
9 billion shares and defaulted with the state of Nevada.
Promising?
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=Nh7%252bVDTX%252fE8HPLrzueYDFQ%253d%253d&nt7=0
I bought a new car and my first payment isn't for 2 months...yet it sits in my driveway. My name is on the title...yep I own it. No different than bvig!
Looks like a new channel is forming at 50% higher level then the last channel.
Yep...that one states period ending 30 Nov 2011. You should find the one that states period ending 29 Feb 2012. There is none! Like I posted several months ago, katx is technically not current due to that reason.
BTW, Your first link is as of Nov 2011 not Feb 2012. There are no Feb 2012 filings for katx!! Your second link should also include my link since they were both submitted at the same time which shows the entire past was at 9 which corrects previous filings. No conversion
Looks like it was corrected to 9 for the entire past-NO CONVERSION OCCURED!!
Nope! That is wrong! Re-read my link which states they've had 9 preferred shares outstanding since at least 2010!!
And do you have proof they didn't put two shares back or gave them to someone else. There is no proof of a conversion and the charts don't show 200M shares traded during that time. So where did these ghosts shares go?
B402 - Absolutely misleading! They did not convert any shares. They've always only had 9 Class A shares outstanding. See page 2 of this link http://www.otcmarkets.com/financialReportViewer?symbol=KATX&id=92600
As of the quarter ended May 31, 2012:Common Stock authorized: 2,450,000,000
Common Stock outstanding: 809,424,081
Preferred Stock authorized: 30,000,000
Class A Preferred outstanding: 9
Public Float: 449,634,128
Number of shareholders of record: 109
As of the fiscal year ended November 30, 2011:
Common Stock authorized: 2,450,000,000
Common Stock outstanding: 784,424,081
Preferred Stock authorized: 30,000,000
Class A Preferred outstanding: 9
Public Float: 424,634,128
Number of shareholders of record: 108
As of the fiscal year ended November 30, 2010:
Common Stock authorized: 700,000,000
Common Stock outstanding: 641,603,644
Preferred Stock authorized: 30,000,000
Class A Preferred outstanding: 9
Public Float: 344,310,329
Number of shareholders of record: 110
You are correct. As written the sticky is very misleading. But new investors can read the posts and discern fact from fiction. Ken and Tim did not sell millions of their shares. However, since together they own over 51% of katx, they did vote to dilute shares to continue to run the company. Are they lining their pockets with millions of dollar bills. I doubt it. Are they keeping track of their compensation in the filings? Yes!
Meant that for DF.
DF,
Look at the chart then extrapolate the respective moving averages.
It will depend upon the timing for the Golden Cross....looks like it will be setting up somewhere over the next three weeks. I'm predicting that 0.0004's through 0.0007's will end up being triple baggers at a minimum.
Won't happen!
Of course they do!
A/S is now 500m. Kind of hard to have billions of O/S.
Nothing wrong with triples!!!! There will be more opps for triples in the future!
Thanks. However, I'll concede that there is a high probability that Thistle isn't with katx either, but I can't prove it. All I have in writing is that one web page.
Believe what you want. However, there is only documentation that states Thistle resigned from bvig. There is no documentation that states he resigned from katx. Prove that he resigned from katx. Until there is proof he resigned from katx too then there is only proof from the website that states he is a director for katx.
Note that your two documents did not show up in this search. Somehow those two documents were linked and/or merged into someone else's robo-search from EDGAR.
https://searchwww.sec.gov/EDGARFSClient/jsp/EDGAR_MainAccess.jsp?search_text=%22kat+gold%22&sort=Date&startDoc=11&numResults=10&isAdv=false&formType=1&fromDate=mm/dd/yyyy&toDate=mm/dd/yyyy
Nope. SEC EDGAR error.
Higher lows for the last week.
Don't need to. Website shows Thistle is director of katx, not bvig as he resigned from bvig.
No. Go reread the resignation info. Thistle only resigned from bvig. He is most definitely still part of katx. You will find no info that states Thistle resigned from katx as well.
Misleading post. Thistle is no longer a director with bvig. He is still a director with katx.
It is very good! Accumulation for GOLDEN CROSS!!
I don't recall the sec calling them "lies." Misleading statement!
The play was the triple. After selling, one needs to wait until .0004. Save the house money (ie shares held) for the golden cross!
Golden cross coming soon. There will be new investors regardless of the facts. After the cross hits expect to see triple this price, if not higher.
Initially, it will be the same. However, the probability of it falling value as a pinkie is high.