Replies to post #60045 on Golkor Inc (GKOR)

[RichieRich]

Nice! Thank you for that one Jim.

[Rick-UK]

Jim, in June you wrote:

Hey, just thinking, Mike the accountant's BMXD would be perfect if he's willing to take the motorcycle biz out of it...it's not doing much of anything anyway.

Plus, it's not a shell! It has a biz in it, if he's willing to sell BMXD, roll Kat in, take his motorcycle biz private...voila, shell problem with the restrictions doesn't apply, BMXD files 8K with the Kat Form 10 info in it, off they go and it's only 6 month restriction on the BVIG or any other restricted divvies given out prior to rolling Kat in.

I have a question to you or anyone else with experience in the specific area of reverse mergers, buyouts, shell companies and regulatory requirements for these activities...

There was a discussion we had back in June about the coincidence that our new accountant happens to own BMXD, which company is technically "active" on the OTCBB with cash in the bank yet actually turning over just $500 in the last year and as such might possibly be on the shelf waiting for the right company to come along and buy it - perhaps us? I think we came to the conclusion that BMXD might be a potential candidate for KATX to R/M into.

OK so this was all back in June, but I note that yesterday BMXD featured in the OTC daily list with a "failure to comply to rule 15c2-11 notice"...



http://www.otcbb.com/asp/dailylist_detail.asp?d=09/07/2010&mkt_ctg=OTCBB

I also note that this "failure to comply to rule 15c2-11 notice" occured to BVIG back in March.



http://www.otcbb.com/asp/dailylist_search.asp?DirectSymbol=BVIG&OTCBB=OTCBB

Could this therefore be the first step in a process to prepare BMXD for a R/M or buyout of some other kind with KATX?