Replies to post #216238 on KAT Exploration Inc (KATX)

[alansnowcross2]

ShareHolders have no interest in attacking Kat they have done no wrong.

I received my shares thank You Ken!

We expect news on so many things?

I have yet to see a reason for any type of lawsuit. You cannot prosecute management because the share price has been attacked. With completion of the S-1 I expect both Kat companies to move forward.

[B402]

Brower & Piven Law......class Action on behalf on shareholders any one or group of.lets start here......on line petition and settle this once and for all.............
Fax:
[phone]
Phone:
[phone]


From the S1

Our parent company publicized a record date that was subsequently withdrawn in favor of a later record date. Investors who sold shares between these two dates will not receive any shares in the Spin-Off, and could pursue litigation against our parent company.
On June 25, 2010, our parent company issued a press release which stated, among other items, that a record date of July 16, 2010 had been established for the distribution of restricted shares of our common stock to its shareholders. Our parent company subsequently withdrew the record date referred to above and established it as December 21, 2011. This date was first publicly disseminated in the registration statement of which this prospectus forms a part filed with the SEC on April 13, 2012.

It is possible that certain people who purchased shares of common stock of our parent company and sold the shares after the announced but subsequently withdrawn record date of July 16, 2010 would initiate legal proceedings against our parent company and may even attempt to implicate our company in any such litigation. While we cannot predict the eventual outcome of any such litigation, if initiated, any such litigation would in all likelihood at minimum divert management’s attention and resources and could thereby harm our business and financial condition. In the event that litigation is brought against us or our parent company, we would defend ourselves vigorously.

You may not be able to enforce your claims in Canada or Ghana
While our company is a Nevada corporation, virtually all our assets are located in Newfoundland, Canada and Ghana. We cannot assure you that a court located in Canada or Ghana would not deem the enforcement of foreign judgments requiring our company to make payments outside of Canada or Ghana, as applicable, to be contrary to policy and/or unenforceable in Canada or Ghana, as applicable.

All of our officers and directors reside outside of the United States which could make it difficult to enforce potential civil liabilities and judgments.
Kenneth Stead, our president and chief executive officer, is a resident of Canada, and all our assets are located outside the United States. As a result, it may be impossible for investors to effect service of process within the United States upon such persons or enforce in the United States against such persons judgments obtained in United States courts, including judgments predicated upon the civil liability provisions of United States federal securities laws or state securities laws.

[paratrooper-82nd]

Is this Law Firm aware that you are peddling their name. Have you at least been in phone contact with them to discuss your gripes. If so please provide a contact name so that we can all discuss this situation with them. This should prove interesting. I agree , lets settle this once and for all.

[gump90]

Please rephrase your post mom. I do not understand it. Thank you.

[binks]

create an online survey

[B402]

Brower & Piven Law......class Action on behalf on shareholders any one or group of.

lets start here......on line petition and settle this once and for all.............

Fax:
[phone]
Phone:
[phone]

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