HV, they said they reviewed the OTC documents filed 4/15...correct? (see top of page 2)
Take a look at the period ending date on that 4/15 filing, my friend...February 28th.
The A/S was not increased until 4/11/2011.
What happened between 2/28 and 4/11? What happened between 4/11 and 4/19? Any guesses?
This is what I'm referring to. I could care less what the share structure was as of 2/28. We're sitting at 4/19 and an amendment was filed 4/11.
I still don't see the big deal. If they raised to A/S to accomodate a JV or raise capital, fine. If you think someone fraudulently filed a legal document to dilute KATX shares, then I would urge you to report it to Ken Stead ASAP. Regardless, I haven't seen the company issue any statement correcting that increase. Have you?