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Re: Biochemist2002 post# 131883

Saturday, 02/12/2011 7:36:51 AM

Saturday, February 12, 2011 7:36:51 AM

Post# of 233825
Regarding the BVIG ¼ share distribution.

15 September 2010

It has been brought to our attention that some unfounded rumor has been circulating with regards to the BVIG share distribution. The rumor that the distribution is on hold for an indefinite period of time is unfounded and therefore not true. About one month ago KATX had received 65m shares from BVIG which was a portion of the 161m shares for the Handcamp. At that time the authorized was just 70m shares for BVIG and therefore had to wait until we received approval for the increased authorized to take effect in order for BVIG to issue the remaining 96m to KATX. The authorized has now been approved and Monday 13th Sept our attorneys submitted supporting documents to the TA for the issuance of the remaining 96m to KATX. Upon receiving those remaining shares, KATX will then proceed with returning both shares certificates of 65m and the 96m back to the TA for Book Entry and the 1-4 distribution will take place. We appreciate the patience of all recipients of the 1-4 stock.

Ken Stead
President / CEO
Kat Exploration Inc.


KATX FILED with the SEC the documents to create and transfer the shares. The filings are all there.
The SEC noticed the share distribution on the web site and questioned it, TYING IT UP IN THE REGULATORY PROCESS.

"We further believe that this right should be registered along with the shares to be spun-off."

THIS FROZE THE DISTRIBUTION IN THE REGULATORY PROCESS!

Ken never lied yet many are so desperate to play "gotcha" that they are stumbling all over the place on this and looking foolish.

http://www.sec.gov/Archives/edgar/data/1412126/000000000010066200/filename1.pdf


November 5, 2010
Mr. Kenneth Stead
President
Kat Gold Holdings Corp.
1149 Topsail Rd.
Mount Pearl, Newfoundland
A1N 5G2, Canada
Re: Kat Gold Holdings Corp.
Amendment Number 1 to Form 8-K
Filed October 27, 2010
Form 10-Q for the Six Months Ended June 30, 2010
Filed August 12, 2010
File No. 000-53450

We note your response to comment 1 in our letter dated October 6, 2010. We
believe, however, that the public statements made by Kat Exploration could constitute
an offer of a right to participate in the spin-off of Kat Gold. We further believe that
this right should be registered along with the shares to be spun-off. In your response,
please tell us why the public statements made by Kat Exploration should not be
considered an offer or inducement to participate in the spin-off of Kat Gold.
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