Replies to post #233068 on KAT Exploration Inc (KATX)

[Cretanboy]

I don’t think FINRA really cares. Not sure what qualifications they use to approve or deny R/S. most large reverse splits kill shareholders. They get approved anyways. The only positive is we don’t really have an idea of the market cap of the merging company. If it’s 100 million ( hypothetical) and they don’t dilute we should be ok. But not holding my breath. These guys couldn’t even file to keep us current. These filings would have been easy since KATX was still a shell.