Replies to post #203098 on KAT Exploration Inc (KATX)

[eiddle]

Why would it be the end of the SEC questioning, S-1A. Could have been the beginning. I don't know or anybody else. Either way its been a long time.

[La Cima]

I don't see where any of these qualifications applies here.

The below DD from Kadin POSITIVELY speaks for itself.

The SEC will have the final say as to whether or not this proposed spin-off is allowed 'as is'...

Here are a few of their considerations...

In our view, there is not a valid business purpose for a
spin-off when the purpose is:

* creating a market in the spun-off securities
without providing adequate information to the
shareholders or to the trading markets;

* the creation of a public market in the shares of a
company that has minimal operations or assets; or

* the creation of a public market in the shares of a
company that is a development stage company that has no
specific business plan or whose business plan is to
engage in a merger or acquisition with an unidentified
company.

Other than the business purposes discussed above, the facts
of a particular situation will determine whether the business
purpose is valid. Accordingly, the parent must determine whether
there is a valid business purpose for the spin-off.

All these issues were addressed in the S-1 and subsequent S-1a.

Are the above issues or qualifications???

I don't see where any of these qualifications applies here.

Again, What issues? KAT has not received ANY commentary from the SEC via EDGAR todate.

Approval is not guaranteed but at most maybe a few wrinkles to correct or expand on.

Color commantary alludes approval is a slam dunk, when in fact, approval is far from a slam dunk. That is the point!