KAT Exploration Inc (KATX)

[Biochemist2002]

It's in the process Anthony.

1. They did, in fact, purchase an OTCBB company as they said they would.
2. They did, in fact, file to change the name to Kat Gold Holdings Corp
3. They did, in fact transfer at least one property to that company, as they said they would.
4. They did, in fact, file to increase the A/S (required for our share distribution).
5. They did, in fact, transfer the remaining shares to KATX (also a step towards the share distribution).
6. They did, in fact, file the business plan, including budgets for Phase II and III of the Handcamp property

I see your point, and completely understand your frustration. I also agree that this distribution is delayed. I have no idea what the reason is, except that according to the 8-Ks and 8-K/As, the SEC took issue with them registering those shares for the reason stated in the filings. They also said that as of September 15th (the date the original 8-K was filed), the SEC did not provide guidance. However, it appears that since then, they've done so, because KAT has amended that 8-K twice, in what appears to me, to be an attempt to answer the SEC's issue...hence the much more detailed business plan/budgets, etc. described in the amendments (two 8-K/As). So, like I said, if Ken's best laid plans haven't played out as anticipated, it wasn't for lack of trying. For the record, I do believe we'll get our Kat Gold shares. Right now, it's just a matter of whether or not the SEC is satisfied with their amendments, and a matter of when we get those shares.

I wish you (and everyone) the best of luck.

~Bio