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there is not any fact or proof of anything in the future that has a basis to even consider these two of any value now or ever. the track record is abysmal and the principals are untrustworthy. that has been proven by their own actions or lack there of.... Lack of intent, Lack of communication and lack of money or interested backers............now for ken.....well bless his heart
FYI,......Here is some helpful food for thought...My opinion on direction....not meant to influence anyone.......but the time has arrived....
If enough here wish to take some action to begin a recovery of the truth and facts. Put together in your own words, your complaint. Don't forget to include any and all evidence. Such as news releases from kat web site that are suspicious or misleading. emails from ken or any of kens associates the may perpetuate their goal to influence investors. Or any PR's that may be found elsewhere related that have suspicious content. Also be sure to make clear what your requested action be taken by these agencies..Here is another phone # of kens found ( 709-690-2908 )
dennis.stralka@finra.org--
312 899 4386,
ZELKINP@SEC.gov,
PaggiT@SEC.GOV,
cc:
kstead@katexploration.com
This Disclaimer is found on the bottom of kat exploration web page.. ( Read It ) And weep WoW..........!
Cautionary Note to U.S. Investors -- Information Concerning Preparation of Resource Estimates
Information on this web site has not been prepared and disclosed in accordance with the requirements of the securities laws in effect in the United States.
The information contained on this web site differs significantly from the requirements of Industry Guide 7 promulgated by the United States Securities and Exchange Commission ("SEC") under the United States Securities Act of 1933, as amended, and resource and reserve information contained herein may not be comparable to similar information disclosed by U.S. companies. In particular, and without limiting the generality of the foregoing, the term "resource" does not equate to the term "reserves". Under U.S. standards, mineralization may not be classified as a "reserve" unless the determination has been made that the mineralization could be economically and legally produced or extracted at the time the reserve determination is made. The SEC's disclosure standards under Industry Guide 7 do not define the terms and normally do not permit the inclusion of information concerning "inferred resources" or other descriptions of the amount of mineralization in mineral deposits that do not constitute "reserves" by U.S. standards in documents filed with the SEC. U.S. Investors should also understand that "inferred resources" have a great amount of uncertainty as to their existence and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an "inferred resource" will ever be upgraded to a higher category. Investors are cautioned not to assume that all or any part of an "inferred resource" exists or is economically or legally mineable.
Accordingly, information concerning mineral deposits set forth herein may not be comparable with information made public by companies that report in accordance with U.S. standards.
FYI Here is some helpful food for thought...My opinion on direction....not meant to influence anyone.......but the time has arrived....
If enough here wish to take some action to begin a recovery. Put together in your own words, your complaint. Don't forget to include any and all evidence. Such as news releases from kat web site. emails from ken or any of kens associates. Or any PR's that may be found elsewhere related. Also be sure to make clear what your requested action be taken by these agencies..Here is another phone # of kens found ( 709-690-2908 )
dennis.stralka@finra.org--
312 899 4386,
ZELKINP@SEC.gov,
PaggiT@SEC.GOV,
cc:
kstead@katexploration.com
709-690-2908
Naturally the long are in for the long-haul, no one sells when you're in a nose-dive and loooooooooooooosing..........your investment. They wait for a miracle to take place...........Remember " When you wish upon a Star "
I have gone back to look at posts back in time on both boards here. What I see now is the same hope and delusion that posters who are no longer interested aspired to. In the history of these two, nothing has gotten better, but has gotten worse. We are not talking months here. We are talking years. YEARS.......Waiting for failure to somehow magically become success. That is why all those posters from the past , have just given up and walked away.... I don't understand why no-one can see the obvious here. The math doesn't lie. Nor does the way fiduciary responsibility which has been totally thrown to the side of the road. There are a few here that breath a wisp of hope.. ....It is what it is...the numbers never lie ....the sad part the number is zero.....the only thing I see shareholders receiving from ken , is disappointment....
I have seen nothing current >( 2012 / 2013 )< put out by ken or his validated minions. And I mean factual dated reports to support anything posted here showing any progress or business plan. And if there is anything, anywhere, it can only be valid if posted on the kat ex. web site.. all other info is speculation ( guessing )and has no sound basis for belief....True and factual information can only & should only, come from the owners, board of directors or the Public Relations Dept. of business themselves
You are so correct.this old stuff gets regurgitated over and over. Bringing back reports and what-not from 2009 and later. It posed no advantage to kat then. the properties are still there. Yet they have not been seized upon for their riches. Ain't none.And it appears to be the same thing again. Like the remember when... It did nothing then. and certainly means nothing now. It just looks so desperate by those that keep posting past failure.
I have seen nothing current >( 2012 / 2013 )< put out by ken or his validated minions. And I mean factual dated reports to support anything posted here showing any progress or business plan. And if there is anything, anywhere, it can only be valid if posted on the kat ex. web site.. all other info is speculation ( guessing )and has no sound basis for belief....True and factual information can only & should only, come from the owners, board of directors or the Public Relations Dept. of business themselves.
I am sure that any and all filings and applications sent to the SEC & FINRA are loaded with false info. Now, if anyone would like to do as I have and notify these agencies as to what to look for. Then sent them all I could find.. Example ken suggests properties he no longer has ...just for starters. And by all means fraudulent contact info.. Also I would think ken would attempt to get another $100,000.00 from the NL Gov. like he did a few years past. Oh and don't forget to copy ken in on your transmissions. These agencies sadly, assume applicants are providing true and up to date info.
ZELKINP@SEC.gov / PaggiT@SEC.GOV / dennis.stralka@finra.org
Have a nice day. And Again Thank You 74 Stingray..
Thank You for your effort, on your own time too.........
Wasn't stingray supposedly going to check out 33 pippy..............did that go down or just get swept under the rug....I thought he resides up there.....am I correct..............
Well did you take a ride ti 33 pippy ,as you planned, and what did you find.........like to pin some solid down..............
Katx/Bvig are non asset based companies...what that means should be obvious.. So they rent, they lease, they don't own. The funds wastes by ken has been huge. Where did the funds he received from NL go.? To ken that's where. All the funds ken blew on rent and leasing should have been used for purchasing equipment to keep cost at a minimum. Especially if he was going to really grow these two and in it for the long haul...Read the financials for what they really say.. It's all there..ken told my daughter once he was going to be in N.Y. for some business meeting with some investors.. My daughter is a corporate pilot and funny enough was going to be in N.Y. when ken was to be there. My daughter suggested to ken they at least meet for a quick hello or maybe even lunch.. Guess what.. ken disappeared of the face of the earth.. and would not respond to her.. But after awhile claimed he never received her email... Huh......there you have it....only part of our history with ken
I understand some Attorneys will entertain class action suites on contingency. This example does not necessarily need to be used..I am sure there are many attorneys capable, but this is a starting point . Now which one of you will take up the challenge. I am willing to provide evidence direct upon attorneys request. But footwork is beyond my ability for personal reasons. So who has the rocks to get it going.. I have seen plenty of mention of it (class-action) from past dated posts on both boards..... So light the burners........
Latest profile, as of 4/12//2012...which would be current....
http://finance.yahoo.com/q/pr?s=KATX
credible source I would say............note address............
OH..............and the financials...........easy to remember............All Zeros
I submit this for your interpretation.......................
By kens failure to respond to shareholder concerns clearly shows all, his lack of interest. It's not like he doesn't know the shareholders want clarity on the future of their investment. No, it's more like ken most likely thinks if he doesn't respond maybe shareholders will just go away and or give up in frustration. I believe he lives from moment to moment, with no clear vision, except how to stay low. With an inability to maintain an office. Or for that matter pay phone bills, he surely can't afford payroll for any staff. And we know stock-options does not put bread on the table. So.....He may just be a one man band. And what about the board of directors. Do they even exist...............He has written my us claiming how he works tirelessly into all hours of the night....................OK...I doubt that...........what do we have to show for it.....nothing.................That simply says......COMPLETE.........FAILURE................
One thing I believe most here agree on, is, ken must come out from hiding. And when he does, if ever, he will be required by the same to explain his actions clearly..But also to regain any confidence by shareholders, answer any if not all questions put to him..As a ceo,(which he is in name only) that is his responsibility...
The SEC & FINRA need to be notified.nothing about ken is normal as far as how a ceo should respond and interact with shareholders.............
And.........Why as of the most recent filings...does ken continue to use,.. the disconnected phone as well as fax #'s also the address of a place that he nor the company no longer reside in .....would that not be considered a falsification of a legal document and or application.....fraud...attempt to deceive.?.... why have investors not been notified...or web site updated...to show updated contact info....? to many unanswered questions.....that cannot be answered and certainly not by anyone here.........very elusive............he has been given............. more then ample opportunity to respond....if you stir the pot.....something will float to the top......as for
33 Pippy Pl ,means nothing except,.... I would think he knows someone that would rent him a desk...or a closet..........or even mailing address..... but note.... no Fax number.........no suite number....no name on the directory outside............, more smoke and mirrors...............YeppLocal has only what someone has given them....load your own....do they research for accuracy...............? Just sayin..................One more thing...You can't actively anchor a phone # to two address's.....(same number as home)........now can you................this is another fine mess you've gotten us into.........so now what Ollie.......the Phantom knows....................why does ken run & hide from shareholders.....
when contacting local postal service...What I got was, what I already had.as posted.and forwarded...after all all phones and fax at office have been disconnected for a long , long, long time.. I believe at least a year if not longer....he should pay shareholders rent on his digs.don't you think............
New contact Info..
KAT Exploration Inc.
15 Blade Cresent
Mount Pearl, NF A1N 5L1
Canada - Map
Phone: 709-368-1024
How Arrogant
Clearly......... Please don't sue us and screw you all in the same breath.....
Claiming to hurt the company... It has nothing.....they would have to spend shareholders money, in their pockets to defend their actions. Oh yes... And they are a US Registered Business..... But read what it says....you can't touch us....because we live in Canada....Oh yes they can be touched......Again.........How Arrogant
From the S1
Quote:
--------------------------------------------------------------------------------
Our parent company publicized a record date that was subsequently withdrawn in favor of a later record date. Investors who sold shares between these two dates will not receive any shares in the Spin-Off, and could pursue litigation against our parent company.
On June 25, 2010, our parent company issued a press release which stated, among other items, that a record date of July 16, 2010 had been established for the distribution of restricted shares of our common stock to its shareholders. Our parent company subsequently withdrew the record date referred to above and established it as December 21, 2011. This date was first publicly disseminated in the registration statement of which this prospectus forms a part filed with the SEC on April 13, 2012.
It is possible that certain people who purchased shares of common stock of our parent company and sold the shares after the announced but subsequently withdrawn record date of July 16, 2010 would initiate legal proceedings against our parent company and may even attempt to implicate our company in any such litigation. While we cannot predict the eventual outcome of any such litigation, if initiated, any such litigation would in all likelihood at minimum divert management’s attention and resources and could thereby harm our business and financial condition. In the event that litigation is brought against us or our parent company, we would defend ourselves vigorously.
You may not be able to enforce your claims in Canada or Ghana
While our company is a Nevada corporation, virtually all our assets are located in Newfoundland, Canada and Ghana. We cannot assure you that a court located in Canada or Ghana would not deem the enforcement of foreign judgments requiring our company to make payments outside of Canada or Ghana, as applicable, to be contrary to policy and/or unenforceable in Canada or Ghana, as applicable.
All of our officers and directors reside outside of the United States which could make it difficult to enforce potential civil liabilities and judgments.
Kenneth Stead, our president and chief executive officer, is a resident of Canada, and all our assets are located outside the United States. As a result, it may be impossible for investors to effect service of process within the United States upon such persons or enforce in the United States against such persons judgments obtained in United States courts, including judgments predicated upon the civil liability provisions of United States federal securities laws or state securities laws.
not from 0.25 or even 0.0001
Figures don’t lie but liars do figure........................
I think best determined by a legal team. I would submit, fraud and or swindle charges possible, just for starters. But international law could prevail even though technically part in US because of no trade restrictions. And in a round about way using the Internet to perpetrate a scam for personal gain. Who knows, possible. I believe there is sufficient evidence of kat web site alone. Not to mention what can be subpoenaed from tax and corporate and personal records.. So I would be inclined to think, not out of the question... After all , we all know how great kens legal team is.. which ever one it happens to be at the moment..
At Any point in time Brower & Piven Law......class Action on behalf on shareholders any one or group of.lets start here......on line petition and settle this once and for all.............
Fax:
(212) 501-0300
Phone:
(212) 501-9000
certainly Not a ceo....nor accountant....questionable prospector....still has not made the company any bucks....but good at digging the company into a deep hole,.... prospector or just scrounging for leftovers.....
memo to self...I.......anderstand...this to be a dog & pony show,,mix of circus and clown show.for our entertainment....
The website may be up again.but all the office phones and fax are still disconnected out of service..been over a year now.even though ken lists them on all reports and submissions...isn't that a falsification of a legal document
mailbox me your email add..........something not right
Well, i have so much more on this guy.. I mean real incriminating emails..........the contacts at sec asked us not to release the worst..so he cannot plan a diversion and defense..i would guess... what has appeared here does not have as strong complex evidentiary use as what had been give them......i'm not sure where it's going.but i am sure it's going somewhere.....
where is the problem with katx.....let us look....every law firm ken hire was noted by some on these boards as " top of the line, major wall st law firm, or some type of accolade put them on some stratospheric level.. Same goes for the investors relation firms. Where are they now.ken has gone thru many.ever wonder why.I do..and as for zwicker...........what really happened there.could it be he got stiffed as well.
Couple more tidbits;
--------------------------------------------------------------------------------
From: Ken Stead <kstead@katexploration.com>
To:
Sent: Sat, April 14, 2012 10:05:57 AM
Subject: RE:
I’ve been under a strict blackout by our attorneys for several weeks now and still just a little while longer where I cannot discuss one single thing with anyone. That should all change hopefully by the end of this week coming. I’ve refused to respond to dozens. I remortgaged my home for the second time and nearly bankrupt to keep those companies alive . Obstacles got in the way that was beyond my control. I’ve lost more than anyone and at my age no one is going to help me or my family. I could have crashed that stock down to .0000000 in order to raise $$ to keep the company going but instead Kept using my own money hoping to get the S1 completed so we could issue stock from BVIG to everyone(which I didn’t have to do) and then raise $$ through BVIG to try and bring the company back to life.
Most times things just don’t go the way they seem to and things that were looking good didn’t turn out the way it was looking. This still cost money and its all from my CC’s with hardly and thing left. If you knew what my family lost because of the position I put them with nothing coming their way. They have no shares whatsoever, in BVIG and no income. One of my daughters lost her marriage because she lost all their saving in helping try and save this company and has now moved away causing us to loss moths of sleep on top of going bankrupt.
January 24, 2012 7:27 AM
From: "Ken Stead" <kstead@katexploration.com>View contact stock will be DWAC to the account so I think only account information will be needed.
As soon as Finra give the green light the TA will inform us of what is needed and I will contact you then.
Ken Stead
Sent wirelessly from my BlackBerry device on the Bell network.
Envoyé sans fil par mon terminal mobile BlackBerry sur le réseau de Bell
SharesMonday, December 12, 2011 12:17 PM
From: "Ken Stead" <kstead@katexploration.com>View contact detailsTo: xxxxxxxxxx@xxxxxxxxxxxxxxx.net
Let’s try this once more. Send me the account information you want the shares sent to. We are very close to completing the BVIG distribution transaction. Not sure when this will all get completed due to SEC and holidays but these will now be 300K BVIG shares and should be electronically deposited first of many. Will let you know the next move on this. Don’t hold me to it, but things being put in place may be very good for KATX also if what’s developing takes place. PR’s when ready.
Ken Stead
President & CEO
Kat Exploration Inc.
1149 Topsail Road
Mount Pearl, NL – Canada A1N5G2
Office: (709)-368-9223 (709)-368-9224
Fax: (709)-368-9213
Cell: (709)-728-8070
Kstead@katexploration.com
www.katexploration.com
Email
dennis.stralka@finra.org
312 899 4386
Email:
ZELKINP@SEC.gov
Email:
PaggiT@SEC.GOV
I have limited post......but i 've got the goodies....I'll dig up a juicy sample for you.........
that is your opinion.......Not A Fact.............
i am dealing with Paula Zelkin and Terri Paggi at SEC..and Dennis Stralka at FINRA
he is broke...and has also....now believe this or not..........ruined his family...all for greed of money..........FACT
plua ken still owes my daughter promised shares for her services to him........which he promised years ago and continued to lead her on...........................he's no good