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tradersrule

09/27/10 1:15 AM

#98015 RE: Grahamber #98013

When BVIG/KATG becomes tradeable I think your math will be altered to read .16 divided by 4.....equaling .04.....giving you .12. And that's even if KATX can maintain .08. The whole shebang could be worth under a dime before long IMO. .......rule
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BigOwl47

09/27/10 1:30 AM

#98016 RE: Grahamber #98013

Grahamber, I agree that there is little dilution involved here. Katx bought BVIG. BVIG bought Handcamp. BVIG (a shell company) issued some shares to use as payment for Handcamp. Each company got something of value from the other for the transaction.

Once the market actually determines the true value of the BVIG shares, we will know how to combine the value of the KATX shares with the value of the BVIG shares and the speculation will be resolved about the combined value of both.

The KATX shareholders of record on July 16, 2010 will be able to add the value of their KATX shares to the value of the BVIG shares and clarity will be achieved.

Then when we get info on the future transaction involving Twilite property, we will know immediately how to value that future transaction.

I only see good things in store for KATX and BVIG. Assuming that the properties actually prove up the mineralization in the ground that we expect. Of course that proof could be better than we think or conversely, worse. But based on the experience of KATX / BVIG management, I will be betting on the former rather than the latter.

I am hoping for a good week in several stocks this coming week. I think we are due for some positive info.
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brooklynborn

09/27/10 8:17 AM

#98039 RE: Grahamber #98013

Let me see if I can clarify my understanding of the KATX & KATG/BVIG values:

X$ = Your individual original KATX Buy-In total $

Xsh = Your individual original KATX # of SHARES @ Buy-In

G$ = The VALUE of your KATG/BVIG when issued

TX$ = TODAY’S VALUE of all of your KATX shares

ATX$ = After the KATG/BVIG issuance VALUE of all of your “new” KATX shares

ATXpps = After the KATG/BVIG issuance PPS of each of your “new” KATX shares

AT$ = TOTAL VALUE OF YOUR KTAX/KTAG/BVIG “portfolio”

FORMULAS for CALCULATING AFTER KATG/BVIG ISSUANCE VALUE & PPS:AT$ = ATX$ + G$
ATX$ = TX$ - G$
ATXpps = ATX$/Xsh

FORMULAS for CALCULATING AFTER KATG/BVIG ISSUANCE TAX BASES:KATX TAX BASIS = KATX SALE VALUE – (X$-G$)
KATG/BVIG BASIS = KATG/BVIG SALE VALUE – G$

G$ (@ issuance) is currently undeterminable but its value has to come from some basis NOT thin air NOR emotion = making exact calculations impossible - as well, ATX$ + G$ cannot be more than today's value when issued

AFTER KATG/BVIG ISSUANCE - ANY RUN UP/DOWN IS BOTH ISSUES (KATX & KATG/BVIG) WILL BE DETERMINED BY RESULTS!