KAT Exploration Inc (KATX)

[wwalker3]

Thanks, yes on a 1 to 1 basis of KATX and KATG, .07 would put us at .24 if we stay around .17.

But I was thinking for us longs--to be at .24 (based on current KATX price @ .17) we'd have to have see KATG higher--since we received compensated shares at 4 to 1. Or not?


10,000 shares at .24 is $2,400.
10,000 shares at .17 is $1,700
So,I'm thinking for the 2,500 KATG shares to equal to $700--
and pull us up to .24--they would have to be in the .28 range...

Or not? I am not a math person, at all.
TIA!