Replies to post #142379 on Golkor Inc (GKOR)

[Eagle777]

A person who has beneficially owned (Ken + Tim Stead's > 5%) restricted shares of Common Stock for at least six months would be entitled to sell their securities provided that (i) such person is not deemed to have been one of the Company’s affiliates at the time of, or at any time during the three months preceding, a sale and (ii) the Company is subject to the Exchange Act periodic reporting requirements for at least three months before the sale.

KATX is currently an SEC non-reporting entity, hence no sale by Ken or Tim is allowed in my interpretation of SEC Rule 144. I really consider this a big non-issue.

Ken's 132M is 20%
Tim's 118M is 18%

[BigOwl47]

pro-trader, I for one would very much appreciate some specific communication from KATX about all that is going on with KATX. I have made no secret that I am frustrated by the KATX silence. I believe that News will have some effect on the KATX share price. What effect that news will have is unknown at this point. Unlike some on this board, I do believe that Ken Stead is an honest man and that he most likely has good reasons for not communicating current events with investors. But I am still frustrated.