KAT Exploration Inc (KATX)

[Biochemist2002]

I haven't posted much the last several days, mostly due to shock and being busy with family/holiday events...but, I emailed Ken and Jack Saturday and asked if they sold shares Thursday. Ken (to my surprise) emailed within about 5 minutes, and said no (short version). This morning I got Jack's response, which was "No KAT did not sell any shares."

I'm not going to post the emails though, because some will believe it and some won't. My suggestion, would be to email Ken/Jack to get confirmation for yourself, if you don't take my word for it. Although, from the sound of Ken's email, it sounded like he already received a lot of other emails asking the same question (it wouldn't surprise me).

In any event, I really don't know what to make of Thursday's PR. If anyone is interested in my opinion, here it is:

I have no clue why they would put out a PR with very little (if any) results in from the lab(s), unless they thought they were doing us a favor by providing an "update" before the holiday (I won't comment on that). I am still perplexed by the significant drop in pps, given I didn't really see anything absolutely terrible in the PR. Maybe it was a combination of things, i.e. MM manipulation (standard "bad guy" in such scenarios), panic selling, people taking their end-of-year tax loss, or maybe it was just perceived 'uncertainty' from the PR itself. I imagine it was a combination of all of the above. In any event, it doesn't really matter, because the pps is what it is now. Unfortunately, I have no control over that.

I hope everyone had a nice Christmas, regardless of Thursday's events. Trust me, I felt the pain as well. Spending time with family provided much needed "therapy."

~Bio