KAT Exploration Inc (KATX)

[gump90]

To a certain extent I can agree with you - BUTTT - here are a couple of thoughts. The ONUS for distribution does fall on the Brokerage houses but the math is not simple. This whole process dragged on far far too long and during that time NEW KATX got into the mix. So in essence at the Ex Date there were two classes of KATX trading. If you bought some KATX say last September - how is your Broker to know which class you bought ? Physical certs with attachments or Letters don't circulate. I will admit that despite having a lot of first-hand experience in matters like this my old brain heats up trying to figure this one out -- to the extent that I have given up and will wait now like everyone else. This is NOT 100 % clear yet. The fault does lie with the 2 Companies for letting this drag far far too long and not communicating with Shareholders AT ALL. A caveat and an explanation should have been given a long long time ago. A caring C E O would have done this.