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Re: pro-trader post# 122155

Tuesday, 01/04/2011 11:47:47 AM

Tuesday, January 04, 2011 11:47:47 AM

Post# of 233823
True,as far as what I think.....The SEC is in control,and they act accordingly.KATX is a Pinksheet listed company,and gaining respect from the SEC is not as simple as it is when you are listed on the NYSE.I do believe the SEC is going to allow KATX to issue us unrestricted shares,but,they are forcing KATX to wait the same 6 months that is a requirement for restricted shares,in order to have them issued as unrestricted.
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