Replies to post #141983 on KAT Exploration Inc (KATX)

[MacCapone]

The rest of the cut and paste

(3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? [X] Yes [ ] No

If so: attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.

In fiscal 2009, the registrant had no operations whereas in fiscal 2010, the registrant experienced a loss of approximately $725,000 from operations and also recorded an impairment of $112,700,000 regarding the value of the transaction consummated in June 2010.

Interesting?

[Eagle777]

This was all in the SEC docs filed during December, 2010.

The minus 112 million is essentially just taking an accounting book loss due to restating shares values currently from the value back when the deal was consummated in June 2010, when KATX was at 25 cents. This is all accounting hocus pocus that is essentially meaningless

[pro-trader]

do you really think I would not be happy to see something positive from KATX/BVIG????????
my point is lately everything is not going well
seems like they are falling behind on every aspect
and as a share holder, it bothers me
I consider myself part owner and want success in that company