KAT Exploration Inc (KATX)

[Eagle777]

THE ONE MILLION SHARE TRADE

yes, somebody no longer wanted their 1 million shares and another was only to happy to buy them.

Notice the bid DID NOT BUDGE!!! That's what was very, very telling about that trade.

The way the standing bid (0.24) and ask (.027) were split and the trade occurred at .0257 indicates to me that a marker maker jumped on this one and swallowed up the lot whole. Who else could "see" the order when it came in and then raise their bid up to .0257? Not Joe Retail!

Either an MM feels very comfortable accumulating shares OR they have a standing order from a WHALE to accumulate down here in this range. Think of HSDN's role for someone from the past 6 months but in reverse.

There has been some very strong accumulation going on. The hand-wringers and penny hennys keep dumping and others are taking advantage of that big time.

On another topic...

The following document gives the guidelines/principles/conditions for when a listed company should disclose material events, i.e. issue an 8-K.

Principles for Ongoing Disclosure and Material Development Reporting by Listed Entities

It uses the term INVESTORS over and over again. The disclosures are for INVESTORS. If you are not an investor in a company or a potential investor, then you are owed nothing, zero, zip, nada. You are considered a non-entity. You have no right to grumble and mumble about not getting information.