KAT Exploration Inc (KATX)

[eelfland]

The Steads may have a paper route or something. I'm talking about KATX. Its only significant source of income is selling stock. They've issued and sold hundreds of millions of shares over the last couple of years. Millions of dollars' worth. They've sold so much stock that now it's only worth barely over a tenth of a cent per share. A lot of that money went for salaries and perks for the Steads.