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Re: Rick-UK post# 27961

Wednesday, 03/10/2010 1:43:15 PM

Wednesday, March 10, 2010 1:43:15 PM

Post# of 233828
Does anyone know WHY Ken and Tim have these claims in their own name rather then under KATX? My only concern with this arrangement is we could be looking at a self-dealing situation which would not be good!.

I recently saw a Canandian Oil company CEO purchase a whole lot of oil leases in the US, this CEO then turned around and sold the leases to his own company. He made a quick 6 million using this ploy only to benefit himself and not the stockholders. After the CEO was exposed for his self-dealing the company tanked from over a $1.00 down to sub-penny land.

Birdman-Would you ask Ken what there plans are for the claims both he and bro Tim own? I certainly would like to see these under the KAT umbrella rather then being held in their own names due to the obvious I've stated.

I'm a very large holder of KATX and this is the only "question mark" I have about KATX from all of my DD and the help of many others on this board. Thanks in advance.
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