Replies to post #128080 on Golkor Inc (GKOR)

[gump90]

In the context here with this Company there is no Financier who I know who would buy Company shares at TEN CENTS !!!!!!!!!!! And I know quite a few Financiers. Even 2 cents is high. Those guys are sharks.

[Jackroch]

I guess the question then becomes a) did KATX ever get the full $5 million financing and b) did the financiers ever get the full 50 million shares.

And to that, how many shares do the financiers have left to sell?

[jaytea]

Actually, it says "UP TO $5 million". We don't know if they ever ponied up more than the original $1 million. The could have gotten the 50 million shares for 2 cents each.
Just another case of a PR being worded in a fashion that seems to be less than completely forthright.