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Sunday, January 23, 2011 11:33:26 AM
They have stated as of 7 Jan that ActLabs has the samples still and is working on them. This is TOO EASY to verify. Anyone can pick up a phone or send an email and check into that. IT WOULD BE INSANITY TOTAL AND UTTER TO LIE ABOUT THAT, it is too easily verified or discredited. And the lab could consider it LIBEL if KATX was painting a picture that their lab is slow to get out results if results have been turned over already.
We can speculate back and forth on what is going on. I do believe it likely KATX was trying to time lab results with other things, such as the IR firm and uplisting or perhaps news on foreign investment or a JV. That's just sound business practice - not putting all your eggs in one basket if results are poor and also trying to maximize effect if they're good. That DOES NOT mean the company has results and is not releasing them. But it could mean they have not been breathing down the neck of the lab to hurry up, much less paying for expedited return which does cost more per ActLabs website.
A good company and a good investor always hedges against possible loss. To try and cast suspicion on the company and its executives for doing so is quite unreasonable. I think Ken, as the biggest shareholder, has more to lose here than any of us. If he is as worried about shareprice as LEGITIMATE INVESTORS are, he would have a few irons in the fire, not all eggs in one basket.
Brings me back to that "much maligned" line in the Bedford Report.
http://www.marketwire.com/press-release/Copper-Miners-Branch-Out-for-Profits-1383164.htm
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