KAT Exploration Inc (KATX)

[Jackroch]

Thanks for this additional info.

I believe in KATX and have held my shares. I came in later and will not get the BVIG distribution. I can wait for good times to come up the line - in brief, I am LONG on this stock. Still, it would be nice to see it going up with a little more enthusiasm.

I am still trying to piece this together. Let's say that "financiers" have hired HDSN and/or other hired gun MMs to sell, sell, sell and drive the price down. What is the object of this?

If I have read some of the past postings correctly, insiders hold something like 160 million of the 261 million outstanding shares. And they have not been selling. And I know how many shares I have. It's not a million but its alot. And I know there are several posters on here who at least claim to be part of a "million share club". There would only have to be around 70 investors holding 1 million shares each and maybe a few dozen with hundreds of thousands to use up all the outstanding shares. And many postings from longs about how they have bought up more "cheepies" during this dip. One poster said they bought 50k shares for each of their 9 grandchildren = 450,000 shares right there in addition to what they had before.

So is this possibly an effort to force those with a weak hand into giving up -- by creating a seemingly hopeless scene -- and getting out to scoop up their shares?

And let's say this is true, of which I have no idea. What would actually put a stop to that?