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Tuesday, October 15, 2013 7:40:43 PM
Nah,,Katx/BVIG Lied through their teeth to the SEC
They Got Caught Doing It...
The SEC debunks Paul Abbotts Credibility also,,Pump BS
Quote:
Kennay's Lies to the SEC,,Now Available
http://sec.gov/cgi-bin/browse-edgar?CIK=0001412126&action=getcompany
Check "Uploads" and "Corresondences"
Well done Larry Spirgel
http://www.sec.gov/Archives/edgar/data/1412126/000000000012056203/filename1.pdf
Here is a quick example
Quote:
General
1. Please tell us whether you have considered any potential state law repercussions of setting a second record date for the distribution. We note that shareholders as of the first announced record date may have sold their shares prior to the announcement of the second record date and under the impression that they would receive the shares to be distributed in the spin-off. Please add risk factor disclosure if appropriate.
Description Of Our Business, page 24
2. Please note that several of your maps are not included in your amended S-l filing. Please advise.
3. We note your response to comment 6 from our letter dated September 10th, 2012. For each of your properties please provide a clear statement that the property is without mineral reserves, pursuant to paragraph (b)(4)(i) of Industry Guide 7.
4. We note your response to comment 7 from our letter dated September 10th, 2012. It appears your amended disclosure contains indicated resources, inferred resources, and stockpile and/or tailings estimates with historical sampling data. Please revise to remove all estimates of mineralization until you have defined a proven or probable reserve pursuant to paragraph (b)(5)(3) of Industry Guide 7.
5. We note your response to comment 8 from our letter dated September 10th, 2012. It appears the terms ore, ore body, and ore grade are still used throughout your amended filing. Therefore, we reissue the comment.
Rusty Ridge Property, page 43
6. Your response to comment 1 from our letter dated September 10, 2012 indicates that Canadian mineral license 018404M has been cancelled. Please explain why you did not remove the reference to this claim on page 43.
Cash Requirements, page 58
7. We note the statement that you “have no long term debt and have been able to meet [your] past financial obligations, including operational expenses, exploration expenses and acquisition costs, on a current basis.” Revise to disclose the information on page 27 regarding the Ekom Eya loan that is due before January 2, 2013 as well as the $68,533.00 owed to related parties as of June 30, 2012. Please tell us why your balance sheet for the period ended June 30, 2012 does not account for the Ekom Eya loan.
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