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gump90

03/07/13 3:00 PM

#214704 RE: AbrahamS #214703

Abe here is some simple math to put this into perspective. At the time of the Record Date the price of KATX was on a continuing long down trend so if you strike an average price at that time it is realistic because there were never lower prices to bring the average lower. I picked $0.006 from the chart at the Record Date. So let's say we just use 3000 shares of KATX as the initial investment ( for our illustrating purposes here ). That's $18.00. So fast forward to now - and this is now worth 3000 times $0.0009 = $2.70. But you also have the BVIG bonus of 1000 shares. These to-day are worth $11.50 right now. So adding the total value of your holdings in KATX and BVIG you have $2.70 plus $11.50. This is $14.20. So your original $18.00 has become only $14.20 to-day. DOWN 21.1 % in 15 months. Plus of course there is still tax to be paid on your ' Dividend ' of $11.50 ( in our example here ). Numbers do not lie.
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eiddle

03/07/13 8:01 PM

#214721 RE: AbrahamS #214703

KATX is a 1 claim exploration company that hasn't done any exploration in three years.