OTCPK:KATFF - Post by User
Comment by
topdopon Jun 27, 2019 5:25pm
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Post# 29871692
RE:RE:Sad Event Shows the Vacuum at the Top of KAT
RE:RE:Sad Event Shows the Vacuum at the Top of KAT
@Lech1988 I've been in these situations a number of times over the years in my career. The obligation, if not the Law, is that you Report. And in a Timely manner. You always take the higher road. Its the decent, responsible thing to do. Any Securities/Mining Lawyer would counsel the same thing, airing on the side of caution and because of your fiduciary duty to your shareholders as the Reporting Issuer. The fact that these were not KAT employees doesn't diminish the possible impact this kind of event might (and can still) have on the Reporting Issuer. In respect of a Halt Trade; if this event happened outside of Trading hours then no, no halt would be required. If it happened during trading hours, yes, one most definitely would be required. At least one hour such that Brokers, Mining Analysts and Shareholders, internationally, could all be properly and fully updated BY KAT EXECS and not by bloody Glencore, Reuters and/or Bloomberg. These are my views only. Thanks for reading.