News Focus
News Focus
Followers 364
Posts 5763
Boards Moderated 0
Alias Born 07/18/2009

Re: Rick-UK post# 84040

Saturday, 08/07/2010 4:22:13 PM

Saturday, August 07, 2010 4:22:13 PM

Post# of 233825
Rick--

An excellent post with very good train of thought---

Let me have your thoughts here:::---Since we are "assuming" a lot here b/c we don't really know anything at this point---

but there are no promises that the current BVIG shares will continue to exist and automatically become KATG shares---it is possible that all the BVIG shares will be called in and retired---owners of BVIG shares either accept what is offered in the way of remuneration for the shares-----or keep them for wall decoration---

And then KATG is formed--we receive our Restricted shares and there are no other shares out----

KATG does business as a closed or private company for all practical purposes until the end of the Restriction period--

And just before the Restriction ends ----- KATG does a secondary offering of 25 to 35 million shares,, and does it in the manner of an IPO--and we are off and running next January

Your thoughts

PS---This certainly protects KATX and all of us shareholders---

art

PS again---Ken could do a private place of KATG shares, if he needs outside capital, with a restriction for x number of months--

cheers
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y