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Re: snow post# 59186

Tuesday, 06/08/2010 11:32:09 AM

Tuesday, June 08, 2010 11:32:09 AM

Post# of 233424
You really arnt making any sense and this is very easy to understand. There are not 600 million shares of KATX first of all. KATX has 320 million or so shares in the float. All the rest of the shares are privately owned by investors or members of the board.

So if you do a 1 to 4 conversion on 320 you get 80 million shares. Ken got "paid" 161 million for handcamp, which means he will give all of us our shares of BVIG from that. Which is again ONLY 80 million shares. That leaves 81 million left over that Ken will hold.

Our shares in KATX in no way get reduced in value, I really have no idea why you think this is the case nore what in the hell you are even basing this on. KATX OWNS BVIG, any value that comes from BVIG will enhance KATXs value too. On top of that, us shareholders get free shares in BVIG that will further enhance our value. Yes, they are restricted for 1 year, big deal, they are free shares and you will be able to do what ever you want to with them after that time.




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