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balihi

04/05/10 6:18 PM

#32729 RE: balihi #32728

Since we own shares of KATX,we also will own shares of the new company.....I have seen this before,works just fine.
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naturallyk2

04/05/10 6:22 PM

#32734 RE: balihi #32728

Hmmm.. Idk. I know its cheaper to go through a shell company and a lot easier, but these guys are already on the market. Whatever shares we have I doubt will be converted over to the "next" KATX listing if something like that were to happen. It just doesn't make sense. But what if their "other properties" turn into a subdivision of KATX and then gets listed on the OTCBB while the original KATX stays on pinksheets. Hah... just a thought. I still don't like that part of the PR using "KAT exploration OR selected properties" . That removes complete clarity in my opinion.