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Re: Er0ck post# 27469

Sunday, 03/07/2010 4:34:28 PM

Sunday, March 07, 2010 4:34:28 PM

Post# of 233825
Very true Erock. Pinksheet companies can do what they please. They don't have to file with the sec, any financials they file can be half assed and misleading, and they can misconstrue PR's enough to where they mislead investors while still being able to protect themselves from hot water. By uplisting to OTCBB and higher they have to become extremely transparent and always keep the SEC up-to-date with filings. I've seen one company that was on the PINKSHEETS claiming they were 60 days away from uplisting to OTCBB and on the 59th day they voluntarily pulled their uplisting ( which was a very bad sign ) stating that they needed to make sure their financials complied with SEC regulations. That was definitely a scam company, but with KATX I've seen nothing shady about the CEO and the fact that the share structure has went from the billions to the millions is a HUGE plus. KATX also is very transparent right now! This company has a VERY HIGH chance of uplisting to OTCBB and becoming a very solid and very profitable company. The DD here has been laid out and is very thorough. Stop sweating it people and give it time.

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