Replies to post #164317 on Golkor Inc (GKOR)

[B402]

Sorry Usafa,,Form 4 was for Convertible Debentures

Not Pure dilution and CBs

Question.....

Both Equity and Convertable Debentures are checked
Is this open to both pure dilution and CBs ..?
http://marketbrief.com/kat-exploration-inc/d/form-d/2011/8/30/9003958/filing

Answer...

No, Stead is going to sell $1 million worth of convertible debentures. He hasn't sold many so far.

And yes, they tend to be extremely dilutive. The terms aren't described, so we don't know the conversion ratio.

Its bad Usa....To bad you weren't right

Doesn't bode well at all for the future..
the Dilution or the lack of interest
nor the Past work done....GL