Sunday, October 10, 2010 6:50:47 AM
The true value to KATX stockholders who are also in line to receive the BVIG shares lies in a formula of KATX plus one-fourth BVIG which apparently is now about 20 cents a share.. Unfortunately the company messed up so badly in not getting BVIG trading on the market that the market price of a new share of BVIG is really unknown. Management should get the BVIG shares issued at once so that normal trading can begin. If the securities authorities aren't going to approve this plan, then management must come up with an acceptable new plan.
Recent KATX News
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