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Re: Jackroch post# 127870

Thursday, 01/27/2011 11:05:37 PM

Thursday, January 27, 2011 11:05:37 PM

Post# of 233332
I'll toss my hat in the ring
Trying to make sense of what I have witnessed here
The most plausible explanation I can come up with is
that sometime in the fall a dispute about contingencies
between KATX and their financiers took place
Money guys had their shares and were selling them into the market
Kat expected their next installment, investors balked
KATX proceeded to drill 2 holes at RR with remaining funds
but would do nothing to support the share price knowing who
it would benefit most
And that if BVIG distribution took place these same gentlemen
could anticipate receiving 12.5 million shares of that security
AND THEY HAVE NOT HELD UP THEIR END.
KATX has NOT received anywhere near the $5 million they were promised and THAT is why BVIG shares have not been distributed
They are NOT at liberty to discuss this publically, nor would they wish to, but this situation needs to be rectified
THIS IS ALL IN MY OPINION ONLY