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News Focus
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snow

06/09/10 2:17 PM

#60113 RE: Rick-UK #60106

Rick

I accept your reasoning here. This scenario looks quite possible.
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Er0ck

06/09/10 2:28 PM

#60121 RE: Rick-UK #60106

The shares are 100% free. Yes they are giving us shares in exchange for Handcamp, that is 100% ture. But, and I thought I made this point clear already, we are not losing Handcamp, it's going to our soon to be new parent company KAT Gold.

Snow would be 100% correct IF we sold Handcamp to an outside company for shares. Then no, those shares would not be "free" but instead would be payment for something we gave up.

My point that I made, and continue to make and stand by is we are not giving anything up. Handcamp is going from one company to another. Again, KAT Gold is going to be the new parent company of KATX which will soon be uplisting and mostlikely changing it's name to KAT Copper.

So we are going to be part of the company we gave Handcamp to, so yes in this case the shares are 100% free because we are not losing Handcamp and we are even getting shares in the company that owns Handcamp, which happens to be our parent company.

Doing this did not cost us any shares of KATX. And we are not losing anything because we are getting shares in the same company that owns Handcamp and will soon be in charge of KATX and fully own them.
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art35

06/09/10 3:17 PM

#60175 RE: Rick-UK #60106

Rick--

The problem with may of the posters here is that they do NOT understand the purpose of a "Holding Company" -- the protection to the parent and all advantages to shareholders via the entities held separately in the Holding company--

They should check out the book that was mentioned earlier by one of our more astute posters---

Perhaps he would like to repost the book's title and author

We GOOD!!! and actually --WE ALL VERY GOOD---just some don't know it or understand why

Loved your long sililoquy on why we good

cheers.art