I am absolutely astounded at that statement. this Kat should have $1,200,000.00 in the account. Where do you come up with these absurdities ? I'll bet it's the final tranche of SHARES for the original partial financing they got last year and it's now dead.
do not put words in my mouth Mappo. I said no such thing. What I said was there were 46 million shares dilution. Never did I say they were used to generate 1.2 million. In fact, I would say that they were not used to generate cash. Probably Ken issued them to himself (maybe he needed more shares to have control of the full BVIG/KATX company) since the totality of the company was diluted by an extra 500 million shares when Ken transfered handcamp to BVIG.
KATX is apparently broke. they are not moving forward. it appears they have no money, no financing, no assay results, no receptionist, no work being done, no drilling planned for handcamp, no news worth PRing, no rising share price (although a rising share count). what they do have going it a lot of shares outstanding!
How can you even say that? Those were shares that came off restriction and sold into the float. If it was dilution by the company it would show in the filings.
Mappo correct! Katx is moving forward real soon, THE WORD OUT IS ACCUMULATE BEFORE GOOD NEWS IS RELEASED! There wont be no holding it back when that happens :) Go Katx
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