Replies to post #131883 on Golkor Inc (GKOR)

[diannedawn]

What you wrote is all very nice misdirection....

It fails to explain the statement the SEC made on Oct 6.

I'm just reading what the SEC wrote in the letter to Ken on Oct 6...
Page 1 the item numbered

1. We note from the website of Kat Exploration that it intends to distribute shares of Kat Gold Holdings Corp. to it's shareholders and that Kat Exploration has issued public statements about such a distribution. Please explain to us the current status of this plan and how you intend to affect it.

Why does the SEC say "we note from the website" if they already knew about the distribution from some other source???

Why would the SEC ask what the status of the "plan" is and how they intend to affect it, if the SEC already had received the necessary filings pertaining to the plan to distribute shares???

I'm sure they DID do things that needed to be done in regards to buying BVIG and creating Kat Gold, and yes, there was a very long list of things the SEC wanted corrected. I can see that it's a real pain in the @ss to deal with those people. No argument from me on that. It took them 3 months to finally satisfy the SEC so they had "no further comments"!

But it does not explain why the very first item on the list of things the SEC wrote about said "WE NOTE FROM THE WEBSITE" etc.

This is 4 months after they said they were going to distribute shares, and the SEC is finding out about it through the website???

Your entitled to your opinion, and I to mine.
I just don't know how else to interpret that sentence, that is there in black and white. :)

[Eagle777]

Regarding the BVIG ¼ share distribution.

15 September 2010

It has been brought to our attention that some unfounded rumor has been circulating with regards to the BVIG share distribution. The rumor that the distribution is on hold for an indefinite period of time is unfounded and therefore not true. About one month ago KATX had received 65m shares from BVIG which was a portion of the 161m shares for the Handcamp. At that time the authorized was just 70m shares for BVIG and therefore had to wait until we received approval for the increased authorized to take effect in order for BVIG to issue the remaining 96m to KATX. The authorized has now been approved and Monday 13th Sept our attorneys submitted supporting documents to the TA for the issuance of the remaining 96m to KATX. Upon receiving those remaining shares, KATX will then proceed with returning both shares certificates of 65m and the 96m back to the TA for Book Entry and the 1-4 distribution will take place. We appreciate the patience of all recipients of the 1-4 stock.

Ken Stead
President / CEO
Kat Exploration Inc.


KATX FILED with the SEC the documents to create and transfer the shares. The filings are all there.
The SEC noticed the share distribution on the web site and questioned it, TYING IT UP IN THE REGULATORY PROCESS.

"We further believe that this right should be registered along with the shares to be spun-off."

THIS FROZE THE DISTRIBUTION IN THE REGULATORY PROCESS!

Ken never lied yet many are so desperate to play "gotcha" that they are stumbling all over the place on this and looking foolish.

http://www.sec.gov/Archives/edgar/data/1412126/000000000010066200/filename1.pdf


November 5, 2010
Mr. Kenneth Stead
President
Kat Gold Holdings Corp.
1149 Topsail Rd.
Mount Pearl, Newfoundland
A1N 5G2, Canada
Re: Kat Gold Holdings Corp.
Amendment Number 1 to Form 8-K
Filed October 27, 2010
Form 10-Q for the Six Months Ended June 30, 2010
Filed August 12, 2010
File No. 000-53450

We note your response to comment 1 in our letter dated October 6, 2010. We
believe, however, that the public statements made by Kat Exploration could constitute
an offer of a right to participate in the spin-off of Kat Gold. We further believe that
this right should be registered along with the shares to be spun-off. In your response,
please tell us why the public statements made by Kat Exploration should not be
considered an offer or inducement to participate in the spin-off of Kat Gold.

[Jackroch]

Thank you, Bio, for all that you do.

So noisy on this board. Both newbies and longs would do good to remember: Always darkest before the dawn. When others are afraid, get greedy.

Next week is going to be a good one IMHO.

Good luck to KATX investors.

[balihi]

The problem I have with this,is how the SEC found out that KATX was initiating a share ditribution,something is not right,I really dont understand what they were doing,although I have my thoughts about it,i just dont know.