Replies to post #131893 on Golkor Inc (GKOR)

[diannedawn]

The SEC noticed the share distribution on the web site and questioned it, TYING IT UP IN THE REGULATORY PROCESS

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Exactly! The SEC noticed on the website, and raised questions!
AFTER which the SEC was the reason for the delay.

We were already 4 months in, then the SEC was a problem until Dec 27Th...

What's the hold up NOW??? and PLEASE don't give me the BS about tracing back who owned the stock, because this is one time I agree with LuckyMyDog!

I DO BELIEVE we will get the shares eventually, BUT I DO NOT BELIEVE that Ken has been entirely honest about what is going on!

[Eagle777]

The BVIG distribution shares were RESTRICTED! Since restricted can not be bought and sold, they do not need registration. KATX management made the required filings to create, issue, and transfer ownership of the restricted distribution shares. The PR they put out in September said they were ready to issue the shares.

The SEC "saw" the distribution on the web site about that time. They claimed that the shares should be registered. That started the back and forth with the SEC. So I can only surmise that the SEC prevailed in that postion since now KATG (Jan 7th PR) is filing the 15c2-11 so the shares can be "registered".

So let's stop all the hyperventilating and completely false nonsense how Ken lied.

http://taft.law.uc.edu/CCL/34Act/sec12.html#g

Securities Lawyer's Deskbook
Section 12 -- Registration Requirements for Securities

[balihi]

They were not "froze",how could the SEC"freeze" anything if they didnt even know about it?