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Re: Mugunga post# 73971

Monday, 07/12/2010 10:32:45 PM

Monday, July 12, 2010 10:32:45 PM

Post# of 233823
Mugunga - It Depends on the 25 Percent FINRA Rule Being Met

If KATX distributes around 57 million shares to shareholders, then I think 25 percent of the total value of BVIG will be met.

If this does take place, the ex-date (exit date) will be the first business day after the pay date. KAT Explorations has said the pay date could be up to 45 days after the 16th.

If you sell you KATX stock before the ex-date, you will loose you BVIG shares. So, when you can sell KATX and still keep you BVIG shares depends on the official ex-date.

All that said, I DO NOT THINK SELLING KATX will be a good idea. I, like many, SUSPECT A BIG PIECE OF NEWS IS COMING VERY VERY SOON.

Granted, that is just opinion and not fact. But it is my honest opinion.


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