Replies to post #200163 on KAT Exploration Inc (KATX)

[B402]

Silence from the SEC is a positive sign..Lolzzz

The SEC is inept..Yes
Late to the Party..almost always

they did start a New Micro cap fraud Team last yr
they have shut down quite a few
Reneged distros have been a good reason

Quiet is good
a Myth

http://www.sec.gov/answers/investg.htm

An investigation becomes public when the SEC files an action in court or through an administrative proceeding. The SEC website contains information about public enforcement actions. For additional information on how SEC investigations work, please see the following bulletin by the SEC’s Office of Public Affairs.



Investigations by the Securities and Exchange Commission

Securities and Exchange Commission (SEC) investigations are conducted confidentially to protect evidence and reputations. Important documents could be destroyed if an investigation is publicly announced, so confidential treatment may help to preserve key evidence in a case. A confidential process also protects the reputations of companies and individuals where the SEC finds no wrongdoing by the firm or the individuals that were the subject of the investigation. As a result, the SEC generally will not confirm or deny the existence of an investigation unless and until it becomes a matter of public record.

[louieforpar]

wrong on the following.the s-1 should have been out 30 days after.

Silence from the SEC is a positive sign.

[skyhawk66]

paratrooper, looks like you figured it out,

If it is as you say a fraud then why do they continue to let it go forward. There have been claims of fraud and scam for quite a long time. The SEC may have a different opinion than yours. In the case of wrong doing I would think swift action would have been the order of the day. Silence from the SEC is a positive sign.

All Eyes are Constantly watching, no need to wonder why ;)
Exciting Times Ahead for Sure! Smart Money knows this :D