Replies to post #57507 on Golkor Inc (GKOR)

[Jim Bishop]

The only good thing about restricted stock is if you get it at a really healthy discount to market. Free is best of course

Handcamp according to the audited Handcamp Division financials included with the 8K show the paid in capital of Handcamp as $36,950 which is what Kat spent on Handcamp for "Assay, line cutting and soil samples" sometime between Dec 5, 2005 and Dec 31, 2007 since nothing was spent in 2008 or 2009 on it.

So Kat gets 161 million restricted BVIG shares, for what cost them about $37,000.

$37,000/161,000,000 = .00023 Kat's cost per BVIG share.

[stokes1]

Frankly I'm surprised at this graveyard talk coming from you Nebula. :)

Under normal circumstances, and under most companies I think a dragged out selling restriction would be doom in the end. With Ken at the helm however, and knowing what Handcamp has to offer, JV etc., I wouldn't mind watching this thing marinate under restriction.

Keep in mind this is without knowing any of the actual details so this is mere speculation...

[RAWxcdn]

It would be possible for KATX to hold the shares in BVIG and they would be treated like retianed earnings in KATX. THe value of KATX would increase based on value of BVIG without the need to "distribute appropriate shares of BVIG" to shareholders.

This seems like an appropriate alternative to dilution through share distribution.

[RAWxcdn]

It would be possible for KATX to hold the shares in BVIG and they would be treated like retained earnings in KATX. THe value of KATX would increase based on value of BVIG without the need to "distribute appropriate shares of BVIG" to shareholders.

This seems like an appropriate alternative to dilution through share distribution.