Saturday, September 01, 2012 2:38:48 PM
A Truism...
However, in order not to get caught hiding or minimizing, ethics aside, secrecy is a high-stakes gamble. Secrets tend to come out. Whistleblowers release them, or regulators demand them, or they emerge during a discovery process by investigators and potential lawsuits.
Nothing turns a yellow flag into a BIG RED FLAG more quickly than a failed attempt to keep it secret.
They also failed to avoid more modest, but avoidable problems – because they didn’t dare to recognize that the problems existed.
However, denial or arguing that 'evil' and 'stupid' are competing explanations for the same mistakes doesn't matter nor which came first...
Either way, the company's unwillingness or inability to be transparent is the issue.
Why are they DARK...?
I sincerely doubt the case can be made that company is only human, and therefore prey to the same self-justifying, wish-fulfilling biases as other humans.
Of course, Kennay likes to assume the victim role when it comes to FAILURES and ASSOCIATIONS; deniability and accountability become the issue.
Who becomes the scapegoat...?
Whether consciously dishonest or merely self-deceptive, companies will tend to see what they want to see with one purpose in mind...
...how to take paper and turn it into cash...with YOUR MONEY.
Contrary to popular belief, the majority of OTC CEO's do not give a flying fig what the stock price does...as long as they make money.
Obviously, the CEO selling shares is the easiest way for him to raise the money and "After all," the reason a company goes public in the first place is to raise money.
Many OTC stocks are sold short or into oblivion with the full approval and consent of the leadership of the company.
Apparently 'Going DARK' has its advantages...
Let's review the observations and the filings...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79161073
8-K's filed - Regulation S (unregistered shares) & Ken's shares.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79080344
Ken's 8-K - CEO selling shares...
http://sec.gov/Archives/edgar/data/1412126/000093041311006049/c66922_8k.htm
BVIG 8-K - Unregistered Sales and Regulation S...
http://sec.gov/Archives/edgar/data/1412126/000093041311007578/c67683_8k.htm
ITEM 3.02 UNREGISTERED SALES OF EQUITY SECURITIES
http://sec.gov/Archives/edgar/data/1412126/000139390512000185/katg_8k.htm
ITEM 3.02 UNREGISTERED SALES OF EQUITY SECURITIES
Hence, the sale of assets via 'Unregistered Stock' from a Highly illiquid company, Kat Gold Holdings, to an illiquid non-reporting company, Kat Exploration and...
Regulation S Unregistered Stock under the names of Kennay & Timmay...
All the Air-shares and Toxic Financing in place by the Company.
What does 'Regulation S' mean...?
"Regulation S of the Securities Act"
Companies do not have to register stock they sell outside the United States to foreign or "off-shore" investors.
When a company uses this Rule, it's a legal loophole which inturn causes a flood of unregistered stock into the U.S. and that eventually causes the price to plummet, leaving unsuspecting U.S. investors with enormous losses.
This 'Shell' Trades on the Pink Sheets & BVIG related SEC filings...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79080344
KATX - OTC - STOP! WARNING!
INSIDER TRADING WARNING!
http://www.otcmarkets.com/stock/KATX/quote
http://www.otcmarkets.com/no-information-warning
Self-interested Lying is never justified...
...regardless of whether statements are partially true or partially false...!
And one does not need words in order to LIE...
Omissions are LIES...
Kennay made a conscious choice to go 'DARK' for inequitable and self-interested reasons.
Hence...
Ken's SILENCE over the canceled Canco LOI was a ruse to continue to sell shares and it worked for a while.
Kat Gold Holdings has been financially dependent upon Kat Exploration since inception...
The funding Kat Gold Holdings is receiving from Kat Exploration has been acquired through the selling of shares in a DARK company...
Historical evidence and newly documented information reveals a culpable conduct unless he claims culpable ignorance...?
Will Kennay PR or post on the Company Blog the alleged Questions submitted to this board regarding Canco and why the deal was cancel...?
Obviously not and all this could have been avoided had Kennay announced the deal was canceled.
Now we have proof of Bob Nordberg following Amco prior to the company registering in Delaware under Canco and the Kat Exploration LOI...
It's all about the choices one makes and every choice has it consequences.
However, in order not to get caught hiding or minimizing, ethics aside, secrecy is a high-stakes gamble. Secrets tend to come out. Whistleblowers release them, or regulators demand them, or they emerge during a discovery process by investigators and potential lawsuits.
Nothing turns a yellow flag into a BIG RED FLAG more quickly than a failed attempt to keep it secret.
They also failed to avoid more modest, but avoidable problems – because they didn’t dare to recognize that the problems existed.
However, denial or arguing that 'evil' and 'stupid' are competing explanations for the same mistakes doesn't matter nor which came first...
Either way, the company's unwillingness or inability to be transparent is the issue.
Why are they DARK...?
I sincerely doubt the case can be made that company is only human, and therefore prey to the same self-justifying, wish-fulfilling biases as other humans.
Of course, Kennay likes to assume the victim role when it comes to FAILURES and ASSOCIATIONS; deniability and accountability become the issue.
Who becomes the scapegoat...?
Whether consciously dishonest or merely self-deceptive, companies will tend to see what they want to see with one purpose in mind...
...how to take paper and turn it into cash...with YOUR MONEY.
Contrary to popular belief, the majority of OTC CEO's do not give a flying fig what the stock price does...as long as they make money.
Obviously, the CEO selling shares is the easiest way for him to raise the money and "After all," the reason a company goes public in the first place is to raise money.
Many OTC stocks are sold short or into oblivion with the full approval and consent of the leadership of the company.
Apparently 'Going DARK' has its advantages...
Let's review the observations and the filings...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79161073
8-K's filed - Regulation S (unregistered shares) & Ken's shares.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79080344
Ken's 8-K - CEO selling shares...
http://sec.gov/Archives/edgar/data/1412126/000093041311006049/c66922_8k.htm
BVIG 8-K - Unregistered Sales and Regulation S...
http://sec.gov/Archives/edgar/data/1412126/000093041311007578/c67683_8k.htm
ITEM 3.02 UNREGISTERED SALES OF EQUITY SECURITIES
http://sec.gov/Archives/edgar/data/1412126/000139390512000185/katg_8k.htm
ITEM 3.02 UNREGISTERED SALES OF EQUITY SECURITIES
Hence, the sale of assets via 'Unregistered Stock' from a Highly illiquid company, Kat Gold Holdings, to an illiquid non-reporting company, Kat Exploration and...
Regulation S Unregistered Stock under the names of Kennay & Timmay...
All the Air-shares and Toxic Financing in place by the Company.
What does 'Regulation S' mean...?
"Regulation S of the Securities Act"
Companies do not have to register stock they sell outside the United States to foreign or "off-shore" investors.
When a company uses this Rule, it's a legal loophole which inturn causes a flood of unregistered stock into the U.S. and that eventually causes the price to plummet, leaving unsuspecting U.S. investors with enormous losses.
This 'Shell' Trades on the Pink Sheets & BVIG related SEC filings...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79080344
KATX - OTC - STOP! WARNING!
INSIDER TRADING WARNING!
http://www.otcmarkets.com/stock/KATX/quote
http://www.otcmarkets.com/no-information-warning
Self-interested Lying is never justified...
...regardless of whether statements are partially true or partially false...!
And one does not need words in order to LIE...
Omissions are LIES...
Kennay made a conscious choice to go 'DARK' for inequitable and self-interested reasons.
Hence...
Ken's SILENCE over the canceled Canco LOI was a ruse to continue to sell shares and it worked for a while.
Kat Gold Holdings has been financially dependent upon Kat Exploration since inception...
The funding Kat Gold Holdings is receiving from Kat Exploration has been acquired through the selling of shares in a DARK company...
Historical evidence and newly documented information reveals a culpable conduct unless he claims culpable ignorance...?
Will Kennay PR or post on the Company Blog the alleged Questions submitted to this board regarding Canco and why the deal was cancel...?
Obviously not and all this could have been avoided had Kennay announced the deal was canceled.
Now we have proof of Bob Nordberg following Amco prior to the company registering in Delaware under Canco and the Kat Exploration LOI...
It's all about the choices one makes and every choice has it consequences.
I welcome diverse opinions and comments, but I’m not responsible for interpretation or ability to comprehend.
Occasionally I will respond to egregious critics (out of morbid curiosity).
