Golkor Inc (GKOR)

[Biochemist2002]

Since restricted can not be bought and sold, they do not need registration.

Rule 144 allows public resale of restricted and control securities if a number of conditions are met...

Restricted securities are securities acquired in unregistered, private sales from the issuer or from an affiliate of the issuer. Investors typically receive restricted securities through private placement offerings, Regulation D offerings, employee stock benefit plans, as compensation for professional services, or in exchange for providing "seed money" or start-up capital to the company. Rule 144(a)(3) identifies what sales produce restricted securities.

...now KATG (Jan 7th PR) is filing the 15c2-11 so the shares can be "registered".

I do believe that statement regarding the 15c-211 mentioned in the Jan 7th PR was in reference to KATX, not BVIG.

The company is also in the initial stages of filing a 15c211in order to move Kat Exploration Inc from the Pink Sheets listing to that of the OTCBB.
http://www.marketwire.com/press-release/KAT-Exploration-Inc-Update-on-Company-Events-1377350.htm

Form 15c211 aka Form 211, is the filing form a broker/dealer (who is also a market maker) must provide containing the information necessary to publish a stock quote for a company on the Over-The-Counter Bulletin Board (OTCBB) or The Pink Sheets.
In order for the quotation to be published, disclosure information about the issuer of stock must be available. If trading on the OTCBB, the issuer also must comply with filing requirements and have their recent annual report in their records. Also, the broker/dealer must have all of the information relating to the issuer, its securities, and further business information on record.

In short, Form 211 is only for quoting purposes and not registration.

Form S-1 is normally used to register securities...
http://secnet.cch.com/homepagecontent/info/FormTypesByAct.htm

P.S. Thanks for the link to the Securities Lawyer's Deskbook
http://taft.law.uc.edu/CCL/34Act/sec12.html#g