KAT Exploration Inc (CE) (KATX) Quote

Only good news is that a reverse split usually tanks the share price in the aftermath of the split. Investors hate R/S. Well, in this case we’re already at the floor so there isn’t too much damage that can be done price wise. Since they let the share price fall to .0001 I feel like a buy back would be a better option. I wouldn’t be surprised if they canceled it or at least postponed it until next year but who knows.

100000% Agree $katx

Yeah I sent them a message about cancelling the R/S and let this grow organically. Then do a smaller reverse. If we didn't have the reverse hanging over our heads this could easily see 0.02 and higher.

How about a merger and no RS.

Then we see Pennies.

But I will take the merger regardless

We are missing the latest Q, SEC reporting co. have 45 days to file the latest Q after the due date. Keep in mind KATX has a fiscal year end of Nov 30 not DEC 31. They filed their missing 10 k for Nov. Then filed the missing Q1 for Feb. that left Q2 for may 31. 45 days after would have been approx. July 15th. that's why they became Pink current on day 46 they were returned to EM. Lets say they were not in EM and were solicited they would have simply be put on yield and on Grace. That's it folks. No mistakes by FINRA. I am pretty sure FINRA has nothing to do with Expert market. that is simply a OTC designation. Q2 may take longer because it should have the merger in the filings. That filing should have the specifics on if or when the R/S happens

agree

Again I do not know ...

Shouldn’t be long then fir the Q

one quarterly still missing- IMO FINRA made an error and made us pink current for 24 hrs

I mean are we up to date on filings to come off expert? Maybe just one quarterly missing?

I do not know, Looks a filing of some sort ... Anyway something is cooking $KATX

What are we still missing?

With all of the money they spent this year and last year, something must be up soon. I just hope to grab more at this PPS $KATX

Won’t matter if they don’t cancel the R/S. Nobody cares what’s coming in. In the OTC the share price almost never recovers. All the seasoned traders seem to agree. A R/S is an almost certain death blow. Yes there are occasional exceptions to the rule.

Dead money for a while I guess

SEC Filings
FORM TYPE RECEIVED PERIOD END DATE
10-Q 07/16/2024 02/29/2024
10-K 06/20/2024 11/30/2023
DEF 14C 04/04/2024 04/05/2024
PRE 14C 01/26/2024 02/29/2024
10-Q 10/17/2023 08/31/2023
8-K 10/16/2023 09/14/2023
10-K/A 07/27/2023 11/30/2022
10-Q 07/14/2023 05/31/2023
10-Q 04/11/2023 02/28/2023
4 03/13/2023 03/13/2023

So how long was this pink 2 days? They could have filed an extension for 2nd Q which is due July 15th.

co. website https://golkor.com/

does anyone posting here ever stop to ask themself what's going on. everyday there is some sort of negative issue here. some unknown reason of why the problem. yet you have those in the peanut gallery that have no certified credentials to be shown here attempting to make an opinion with no valid or verifiable facts. anyone can say or tell the crowds what they want them to believe. and hope the crowds follow. i can tell you i am the pope. but until you prove different, i am the pope or whatever i want you to believe. a few people throw all this stuff out there, excuses for this failure to continue to survive on falsehoods and greed and hopes. but alas it's the same old letdown year after year and no one has won but lost there funds. the scammers are trolling the gullible and uneducated. remember what your mom would tell you everyday. look both ways before you cross the street.

To clear things up. I see a lot of speculation regarding KATX returning to expert. They are unsolicited. That means they do not get a grace period. If they were solicited they would have been in grace right now They are missing the latest Q. All tickers that go to Expert lose their solicited quote. Once the latest Q is submitted they will regain PC status. Simple as that. Nothing nefarious is going on. SMH

Yep, who knows what they are doing lol.

I've been able to purchase 1M shares this morning through Fidelity. There is no bid or ask. No sign of the orders being rejected so far.
Fidelity was not allowing trades yesterday, but they seem to be allowing today.

Thanks for that info. Perhaps there was something missing in the filing or someone at OTC Markets goofed up at changing the tier. Will keep watching

It was through Pershing... I guess they didn't catch that is was back in the expert market on the 1st trade, which is a restricted trade once that happens.

That's strange. Why'd they change it back

What trading platform was this on?

neither have I ...

never have seen "dropped" before- very unusual

So I went back in and tried to buy more and it "dropped " the order and went back and shows "Dropped" on my order that went through, so I guess I didnt get any shares after all...

WOW-- weird!

I tried picking up 1 million shares yesterday and our system showed it was still in a restricted tier so I could not purchase... This morning the trade went through though it is back in the expert market again...crazy..

Son of a beach

selling is not a problem-- buying was not allowed. Have no intention of selling, wanted more shares.

Yah but probably at .0001

Are you able to sell today

Was surprised it went to CURRENT yesterday-- another filing was required! Who knows where the error originated?????

What a cluster!!

Ughhhhh

downgraded -back to the EXPERT -- thought they had another required filing!

Katx, was good for a day??!!
Unfortunately, they didn't file their Q for 5/31/2024, which was due on July 14, 2024.
Hopefully they'll get it done?? Expert Market till then.

https://www.otcmarkets.com/stock/KATX/overview

What are you talking about???

They went Expert Market on 3/4/2024

They were Pink Current when they filed Pre 14C on 1/26/2024
https://www.otcmarkets.com/filing/html?id=17210752&guid=ANO-kagUSLm6chh

They were Expert Market when they file Def 14C on 4/4/24
https://www.otcmarkets.com/filing/html?id=17429181&guid=ANO-kagUSLm6chh

****There is no Confirmation of the RS
being Canceled or Denied****

Corporate Actions

Tier Changes
Katx

Symbol

Security Type

Market
TIER CHANGES
DATE SYM NAME OLDTIR NEWTIR SECTYP
07/17/2024 Pink Open Market LogoKATX KAT Exploration Inc. Expert Market Pink Current Common Stock
03/04/2024 Pink Open Market LogoKATX KAT Exploration Inc. Pink Current Expert Market

What I remember was them not being allowed to do it last year in June, so then they went expert market as a way of throwing a fit. Has anything changed to allow them to actually execute it?

Pink is good! Now let's see what the company will do.

https://www.otcmarkets.com/stock/KATX/security

The only thing stopping this from hitting the moon is the pending R/S. We’ll see how it plays out.

Only $ 11,504 dollar vol- 400% gain ! hoping we hit some radars tonight!

closed at 5-- unknown amount on the bid(5)--hope we have better vol tomorrow.

a bidder from lower took out the 5's- ask at 6 ---1.3m

500k ask at 5, 1.3m at 6,10k at 7(GTSM)- clear above. current PPS-6- lets see if they take it back to 5

had trouble with Fidelity

Nope