RemSleep Holdings Inc (RMSL)

[Kadin]

gunner...

There is a preponderance of evidence which refutes your opinion and analogy...

The CURRENT situation is a FACT...
The HISTORY of Kat Exploration and Kat Gold Holdings support my post and evaluation.


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kadin.....the warnings on a bottle of asperin kind of read the same way. Standard language to cya in case of problems that "MAY" crop up. Does sound like a P&D though doesn't it.
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And here...

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You are correct that there is reasons for concern . There are in almost all investments of this nature. The statements and paragraphs you reference are given as "fair warning" of situations that may or maynot happen. Some warnings are indeed dire, but that does not mean that they will happen. In comparison if you looked at the warnings that come with prescription drugs you would have to assume you were staring immediate death in the face. In summation an investor should heed the warning signs and carefully consider them but realize that their happening is not a foregone conclusion. These are not a "smoking gun" of things to come. I see huge potential here, others do not. Each of us have our own reasons for being here. I am an optimistic investor, others reasons are less clear to me
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"We do not expect to generate revenues in the foreseeable future."...Kat Gold Holdings repeatedly emphasizes "why"...


Company Statements and Assessments are Certified by their CPA, Bonjiovanni & Associates, after reviewing the Company's Dire Financial status supported by Balance Sheets and Accumulated DEBT since inception due to zero working Capital.


Capital Required...We operate with virtually no capital

Expenditures of approximately $4.5 million are anticipated to be required to complete Phase II and Phase III, where implementation of Phase III will be contingent on the success of Phase II. We believe that additional expenditures in the approximate aggregate amount of $6.5 million will be required in order to advance a mineral deposit or deposits on Handcamp, if any, to the stage of the completed pre-feasibility study referred to above. In addition, we will require additional funds to commence exploration activities with respect to our other properties. To date, we have no available sources of financing.


DILUTION...Hence the reason they need to raise capital

If we sell additional equity or convertible debt securities, those sales could result in additional dilution to our shareholders. Our recent acquisitions of properties involved the issuance of a substantial number of shares of our common stock. Future issuances of common stock as consideration for future acquisitions will cause such shareholders to suffer dilution.

We have no established source of revenues, have incurred losses since inception, have a working capital deficit and are in need of capital to grow our operations so that we can become profitable

The Company has suffered recurring losses from operations since inception. In addition, the Company has yet to generate an internal cash flow from its business operations. These factors raise substantial doubt as to the ability of the Company to continue as a going concern.


So again...
No comparison whatsoever to a drug prescription warning...

The aforementioned is what "HAS" transpired and "IS" the "CURRENT" situation.


The 10-K expounds upon the Dire Financial Health with Income Statements and Balance Sheets.

The intention and purpose of the S-1 further supports the DIRE Financial situation for Kat Gold Holdings and Kat Exploration is now OTC STOP.

All documented and needless to say...

All warnings are usually put on labels after there is evidence!