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AbrahamS

04/15/12 10:44 PM

#193414 RE: AbrahamS #193412

I am going by what the States! " Holders of record of Kat Exploration at the close of business on the Record Date are entitled to receive the Spin-Off Shares on a pro rata basis".
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Funaboard

04/15/12 10:45 PM

#193415 RE: AbrahamS #193412

Now that is very clear ....

Consequently, stockholders of Kat Exploration on the Record Date will receive one share of our common stock for approximately every three shares of common stock of Kat Exploration that they held on the Record Date



I hope it is that simple
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AbrahamS

04/15/12 10:49 PM

#193418 RE: AbrahamS #193412

This is not Rocket science, it is what it is.

"December 21, 2011 (the “ Record Date ”),"

"Holders of record of Kat Exploration at the close of business on the Record Date are entitled to receive the Spin-Off Shares"