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Sunday, April 15, 2012 1:03:20 AM
First read this:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=72764000
Of the 296,000,000 BVIG shares that were given to KATX for all of the properties....
261,474,694 = 88% will be distributed to shareholders of record on Dec, 21, 2011.
34,525,306 = 12 % will be retained and owned by KAT-X
From the Attorney Letter in KATX filing, you will find that Ken Stead directly owned 131,686,808 KAT-X shares.....and Tim Stead directly owned 118,394,168 KAT-X shares.... which entitles them to the 1 for 3 distribution also. This total makes up the 83,360,325 BVIG shares to be distributed to them. http://www.otcmarkets.com/financialReportViewer?symbol=KATX&id=74160
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