KAT Exploration Inc (KATX)

[gump90]

You are strongly WRONG here. And here is the proof -- copied from the S-1 ...

""""" On November 10, 2011, our parent company, issued 74,074,014 shares of its common stock to an individual in connection with the terms of a securities purchase agreement. The agreement that provided for the above transaction involved certain milestones, including that the registration statement of which this prospectus forms a part must have been declared effective by the Commission on or before October 31, 2012. In the event that the registration statement of which this prospectus forms a part has not been declared effective by such date, Kat Exploration must transfer 23,000,000 of our shares of common stock to the purchaser. """"

It is clear as a bell as to where the BVIG penalty shares are to come from -- from the holdings of KATX is where. KATX has no jurisdiction to ISSUE BVIG shares. Tsk Tsk Tsk !!!!!!!!!!!!!!!!! And this all refers to a FINANCING OF KATX !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! NOT BVIG !!!!!!! Double Tsk Tsk !!!!