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Sunday, October 03, 2010 1:31:23 PM
I suggest to holders of Katx to look into William Jacobson and atlas.
I have emailed Stead asking was Jacobson at any stage a board member of Katx and how many shares does he control.
Again no reply.
Steads connections
William (Bill jacobson)
He has been listed as a board member
http://investing.businessweek.com/research/stocks/people/board.asp?ticker=KATX:US
Suddenly he is not a board member I wonder why ?????????
Investigated for fraud by sec
http://www.sec.gov/litigation/litreleases/2009/lr21345.htm
http://www.sec.gov/litigation/complaints/2009/comp21345.pdf
http://securities.stanford.edu/1038/ALMI_01/2008728_r01k_0700428.pdf
The SEC's complaint, filed in federal district court in Idaho, alleges that, from 2002 to 2005, Jacobson caused Osburn, Idaho-based Atlas Mining to sell millions of shares of stock to the public while evading the disclosure and registration requirements of the federal securities laws. Among other things, the SEC alleges that Jacobson issued stock to family members and companies he controlled, who then resold the stock to the public and funneled the money back to the company.
Gair was at cornerstone with stead.
And Mr Zwicker is well worth investigating.
Finally there is a report circulating from Hilbroy
These guys have a colorful past also.
http://www.itsallbull.net/reports/OTCPK_KATX_DETAILED_880.pdf
Jacobson again listed as a board member
I only have one post per day
I am awaiting Info that I will gladly pass on to any shareholder of katx.
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