Jim Bishop,
As always you are meticulous with your numbers. I should have stopped writing this late because I am very tired. It is beyond my knowledge about the Series B and the poison pill. I would love to know more. We will all soon know if they upgrade all of KATX, correct?
All I know is Ken has shown time and time again his willingness to help propell this company forward. He knows how to find minerals and has now hit a grand slam. Everyone knows he has found gold its just like Erock stated. We don't know the size of the reserves...
I still believe he was told by the law firm to issue the other stocks to prevent a takeover. Nothing else makes sense except that they are greedy and wanted to be billionaires. Which is okay with me, but I still feel they will do what they have done in the past and that is help the investor. Thanks for your intelligent posts...
In Reply to:
Well sorta, he reduced the authorized, that 2.3 billion "retired" was never issued and outstanding.
I still don't understand why they gave themselves another 186 million shares when they already have a poison pill in place with the Series A super voting shares...unless the Series B that we know nothing about are convertible bigtime.
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