Well, risking to be flamed here, wakening an old discussion regarding the $5 million investment for how many shares. If the $1 million was for 50.000.000 shares then the diff between O/S and A/S makes sense in needing them for the additional $4 million if KAT succeeds on the terms the investor has brought.
The issue with KATX and why it does not trade above the dime is all due the financing. Maybe Ken should clear this A/S figure in one of his mails instead of forward looking statements about the amount of gold at Handcamp.
Do not get me wrong, I invested half my spare money here. But am just skeptical by nature :)