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Er0ck

06/25/10 8:26 PM

#67943 RE: balihi #67925

Ken is going to use those shares to pay us out. He's not going to issue another 161 million to make our KATG OS 322 million......

Yes they are "owned" to KATX, and Ken is electing to pay them out to us KATX shareholders.
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falon

06/25/10 8:27 PM

#67944 RE: balihi #67925

bahli,

I don't know about you, I am KATX, I am a shareholder, I own part of the company.

If you were to divide the outstanding shares (641,603,644) of KATX by 4, you will get a number of around 161,000,000.

Know what you own.

We are very good.