Replies to post #58997 on Golkor Inc (GKOR)

[Defuser]

THAT IS AWESOME This shows he really does care about the shareholders.

[Jim Bishop]

Called that 1:4 divvy of restricted shares...right off the bat.

Posted by: Jim Bishop Date: Friday, June 04, 2010 5:53:00 PM
In reply to: Hawksfan who wrote msg# 57207 Post # of 59013

Basically Ken sold Handcamp...to himself. What it means to KATX holders remains to be seen.

If KATX were to pay out all the BVIG stock they received to common shareholders, leaving the Preferred holders out in the cold, can't see that, it would mean a BVIG divvy of about 1 BVIG for every 4 shares of KATX held.

However they would probably be restricted shares in BVIG and since BVIG was a shell it would be a minimum of a one year hold.

That's just my initial take on it.

Current BVIG holders now have a property and looks like 60x the stock outstanding.

[solidgold]

The goal is to later merge (PINKSHEETS: KATX) into an OTCBB entity under KAT Gold Holdings Corporation as a wholly owned subsidiary on a 1 for 1 ratio basis. Are we talking RS here?

[stervc]

Rick-UK, with the news today...

I'm just getting back to the computer and have read the news. I think this is awesome news for both KATX and BVIG.

It looks like KATX and BVIG are going to be one in the same with BVIG transforming to be the parent company.

v/r
Sterling