Replies to post #32763 on Golkor Inc (GKOR)

[balihi]

This company has a differnt way of doing things,they are using....shrinkasian(reducing),instead of dilution,they want to increase the value,not decrease.

[Sure]

Comparing KATX to those other stocks and trying to impose "doubt of likeness" is not fair. Please DD this stock, you'll see the Light.
Sure

[Biochemist2002]

"If they need money they can dilute the share structure by selling cheep shares to raise some money. (Look at CNEX or KCMH charts who have recently done this) They do not need to tell anyone about this."

Dilution and selling cheap shares to raise money is hardly a problem at this point...

2.3+ BILLION shares that have recently been retired.

http://www.marketwire.com/press-release/Kat-Exploration-Retires-and-Eliminates-2-Billion-Shares-From-Treasury-1101927.htm

http://www.marketwire.com/press-release/KAT-Exploration-Retires-Additional-300-Million-Shares-Engages-New-Consulting-Group-Dual-1103663.htm

and...

Bob
That is correct, we saw fit to remove approx.. another 8 MILLION shares from the I/O which were restricted stock from within. They were restricted and would have come open at the end of may. Just a goodwill gesture toward investors.

K Stead

Selling "cheap shares to raise money"?

KAT Exploration has secured funding for up to $5 million. The funding contract GUARANTEES $1 million over the next 6 months and the remaining $4 million to be delivered upon agreements within the contract being achieved over the course of the following 6 months of no specific date. The funding is to provide operational support for Kat for at least the next 5 years. The funding was secured with 50,000,000 restricted shares.

Kat Exploration has retired its previously executed REG-D 504. There are no REG-D 504 offerings, warrants or options in place to date.

www.marketwire.com/press-release/Kat-Exploration-Secures-up-5-Million-Funding-With-50-Million-Restricted-Shares-Retires-1102443.htm

In an email from me to Ken Stead (CEO of KATX) on Tuesday...

Me: You announced on the 15th that our drilling programme for Handcamp was out to tender and drilling would commence upon choosing a winning tender, upon receipt of the relevant permits and upon weather conditions. Do you have any updates on how these three essential elements have progressed, and can you confirm that the money is committed and available to pay for the drilling programme?

Ken Stead: Updates will be forthcoming and soon. It would be very difficult to plan a drill program and not have the money committed for the project. We have all the finances and then some to complete the drill program.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=48518062