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B402

09/28/12 1:59 PM

#205704 RE: alansnowcross2 #205703

Here is what The SEC calls It Alan...

There also may be instances where a company insider or paid promoter provides false and misleading excuses for why a company's stock price has recently decreased. For instance, these individuals may claim that the price decrease is a temporary condition resulting from the activities of naked short sellers. The insiders or promoters may hope to use this misinformation to move the price back up so they can dump their own stock at higher prices. Often, the price decrease is a result of the company's poor financial situation rather than the reasons provided by the insiders or promoters

Investors should always be cautious that issuers, promoters, or shareholders may be seeking to stimulate buying interest by making false, misleading or unfounded statements in internet chat rooms or other such forums about alleged large naked short positions in some smaller issuers, particularly those trading on the OTCBB or Pink Sheets. Some individuals may encourage other investors to buy these issuers' securities by claiming that there will be an imminent "short squeeze," in which the alleged naked short sellers will be forced to cover open short positions at increasing prices. These claims in fact may be false.

gump90

09/28/12 2:04 PM

#205705 RE: alansnowcross2 #205703

I would bet that most Market Makers do not even know what KATX is or what it says it is doing. They keep their books pretty clean anyhow. I highly doubt there is much KATX short right now. I used to get the Brokers' status sheets regularly from the clearing house that showed their short and long positions when I was still in the game and running Companies on both sides of the Border.

skyhawk66

09/28/12 2:10 PM

#205706 RE: alansnowcross2 #205703

Great Honest post on the Naked Short Selling Alan! Must read!

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80035970

Funaboard

09/28/12 3:36 PM

#205714 RE: alansnowcross2 #205703

Alan we might have to label you the "new truth teller" unless we can get the bird back here.

Great Post and I agree ...

You can call it anything you wish including Naked Short Selling!

But what is more important is covering the shares sold. Also any shares that were NOT covered during the unfair BVIG divi date will have to be covered with bought shares of BVIG. If you were a shareHolder and bought/held during the period required in the S-1A2 if the shares you had were naked the MM's have to not only buy KATX shares to give you honest tradable shares but will also be forced to go to the open market and buy BVIG shares when the S-1A2 is executed. Could there be millions of shares of BVIG that MM's will have to purchase in the open market - Maybe YES!!

That is unless KATX/BVIG can be forced out of business before the execution of the S-1A2.

We know market makers never lose money, so do they want the execution of our S-1A2? hmmm?

Have certain MM's oversold available shares? The BVIG share cost would come directly out of and against their profits!! Sounds like Ken Stead was unfair to MM's not giving them a heads up to cover naked positions. ( VERY SMART KEN - KUDOS )

Wasn't KATX forced lower during that four month period ending 2011 with suspicious selling?
monthly sales Sept 11 million, Oct 36 million, Nov 12 million, Dec 20 million
The amount of BVIG shares needed could easily be 25 to 50 Million!!!!!!!!!!!!!!!!!!

No wonder KATX/BVIG shareHolders are being pushed with negatives.

But shareHolders still remain convinced of KATXs/BVIG's strong prosperous future.
Must be killing MM's because they always make money even selling naked - yeah RIGHT!!!!

mappo

09/28/12 3:52 PM

#205715 RE: alansnowcross2 #205703

alan .... Very very interesting indeed.



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Splash59

09/29/12 11:16 AM

#205744 RE: alansnowcross2 #205703

Alan, Could you repost that on the BVIG board?

Tia

splash

mappo

09/29/12 12:36 PM

#205747 RE: alansnowcross2 #205703

alan .... 25 to 50 million ?
That's a huge number of shares.
Amazing.


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usafa

09/29/12 1:02 PM

#205748 RE: alansnowcross2 #205703

There are zero short sales for katx at this time (naked or otherwise).

http://www.otcmarkets.com/stock/KATX/short-sales

mappo

09/29/12 5:34 PM

#205770 RE: alansnowcross2 #205703

alan .... Good to know.
Naked shorting, huge problems for new & small business.
Real bad for KATX indeed.


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eiddle

09/29/12 8:46 PM

#205775 RE: alansnowcross2 #205703

No, KATX pps was not forced lower the last 4 months of 2011. There was concern about KATX for over a year at that point(no transparency). In April 2011 Ken got $199,000 convertible debentures(1 mil), never PR'rd. Silence from company for a good year. Ken's PR in Sept 2011, capital financing, selling picked up. No one believes Ken anymore. Selling continued to end of year. Still no one heard from CEO/KEN. Not forced selling and not the least bit suspicious, everyone just started to wise up.

eiddle

09/29/12 9:01 PM

#205776 RE: alansnowcross2 #205703

How many cheap shares did CEO/KEN give up for the $199,000. And that was up to 1 million convertible debs of possible cheap shares. Do you think someone held them till Ken finds the motherlode that KEN isn't even looking for.

mappo

09/29/12 11:39 PM

#205785 RE: alansnowcross2 #205703

alan .... Agree.
Good post.



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mappo

09/30/12 12:05 PM

#205815 RE: alansnowcross2 #205703

alan, very good points & info.
thanks.


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mappo

10/01/12 1:48 AM

#205830 RE: alansnowcross2 #205703

alan .... Naked shorting is a sickness
of this whole stock market.
The Gov should really do something about it.



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mappo

10/01/12 11:42 AM

#205851 RE: alansnowcross2 #205703

The Float for BVIG is about 380,000.
Not many are available and owners just won't let go of the shares.
Other than the Float 380,000, Ken has all the rest.
Amazing.


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mappo

10/01/12 11:47 PM

#205889 RE: alansnowcross2 #205703

Ken should hire the most powerful
Law-Firm from New York to deal with this case.
Maybe the biggest case ever.
KATX is a big victim.



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mappo

10/03/12 3:03 AM

#205992 RE: alansnowcross2 #205703

With the SEC now on Naked-Shorting Hearing,
and more complains from shareholders,
these crooks will be in deep trouble.
All shareholders need to write to the Chief of SEC, and every Senator & Congressman and let the situation known to them about KATX being ruined beyond recognition.
A big case for them.
Bet Ken is talking to many Lawyers right now.
Have a great week.


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mappo

10/05/12 5:02 PM

#206153 RE: alansnowcross2 #205703

25 to 50 million BVIG shares maybe needed ?
That's really deep ................... !!!


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mappo

10/06/12 11:29 PM

#206257 RE: alansnowcross2 #205703

Wow, 25 to 50 million BVIG shares needed ?
That would be "Mission Impossible" !!!


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poor broke bloke

10/07/12 9:20 AM

#206263 RE: alansnowcross2 #205703

In that case I'll call it business as usual.

...You can call it anything you wish including Naked Short Selling!...




The amount of shares needed may also be 0 - 5,000 shares.


The amount of BVIG shares needed could easily be 25 to 50 Million!!!!!!!!!!!!!!!!!!



http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80035970

mappo

10/10/12 11:57 PM

#206550 RE: alansnowcross2 #205703

alan .... I have some BVIG shares
that those guys may need later on.
But won't sell to them cheap.


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mappo

12/11/12 11:42 PM

#209678 RE: alansnowcross2 #205703

alan .... Now that the S-1 is approved.
Looks like from now on will be a game between Ken, and the Greedy ones who sold all those IOU shares.
Also, it will be a bigtime case for the Lawyers as well.
It all depends on what Ken wants to do and deal with it.
(and of course, the SEC as well.)
Will be very interesting.
Patience.


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mappo

12/12/12 12:50 AM

#209679 RE: alansnowcross2 #205703

alan .... Any update on the SEC Hearing
for Naked-shorting concerning KATX ?

Thank you.


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mappo

12/22/12 11:19 AM

#210107 RE: alansnowcross2 #205703

Bought some KATX last few days.

mappo

01/02/13 2:08 PM

#210471 RE: alansnowcross2 #205703

Yes, Ken owes all shareholders
a PR asap.
Ken, please PR, anything.



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