Thursday, August 26, 2010 2:04:02 PM
Under the terms of the agreement governing the Acquisition, the Company issued 65,000,000 shares of its common stock to Kat on June 4, 2010, and the remaining 96,000,000 shares of its common stock will be issued as soon as reasonably practical after August 12, 2010.
Then this 161 million shares goes to KATG from KATX. This is why when we were at .23 we went down IMHO to about where we are now. Logically, once those shares are transferred then KATX will have about 483 million shares and would it not make sense that the value would go up since there are less shares as long as the demand is there?
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