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Thursday, August 18, 2022

Kat Exploration Inc (OTCMKTS: KATX) Running Northbound as Powerful SPAC/RM Specialist Helps Co Find Reverse Merger Candidates

Kat Exploration Inc (OTCMKTS: KATX) is making a powerful run northbound in recent trading on significant volume trading millions of shares and getting the attention of investors including some big-time small cap speculators. KATX has a history of big moves running to highs of $0.0178 in July of this year. Currently under accumulation KATX traded $1.17 million in dollar volume on Wednesday alone.  Speculators are looking for run past previous highs for confirmation of the next leg up; a break over $ 0.0178 and its blue skies ahead for KATX. KATX is now “pink current” and fully compliant. 

Reverse merger SPACS can be more explosive than biotech’s when the incoming Company has real value but is undiscovered to investors and many RM stocks, we have covered on this website have gone from pennies to dollars. On June 19, 2021, the Eighth District Court of Clark County, Nevada granted the Application for Appointment of Custodian as a result of the absence of a functioning board of directors and the revocation of the Company’s charter. At this time, the Custodian appointed Caren Currier as sole officer and director. Caren Currier has been making name for herself in the world of SPACS “The REVERSE MERGER specialist” is in the wheel house driving this merger. (See IGEX, ILUS, AXTG, SSOF just to name a few of Caren Currier recent SPACS). Caren Currier has earned an incredible reputation in the OTC as a merger GURU. As the current CFO for the investment holding Company FCCC, Inc. and One World Universal, Currier has the experience and know-how to reliably get shell companies up to speed.  “Pink Current” KATX has momentum, huge liquidity and legions of new shareholders bidding up the price.     

Kat Exploration Inc (OTCMKTS: KATX) operating out of Denton, Texas has had limited operations in recent years. Since November 30, 2015, the Company’s operations consist of a search for a merger, acquisition, reverse merger or a business transaction opportunity with an operating business or other financial transaction. 

On June 19, 2021, the Eighth District Court of Clark County, Nevada granted the Application for Appointment of Custodian as a result of the absence of a functioning board of directors and the revocation of the Company’s charter. The order appointed Acropolis Capital Partners (the “Custodian”) custodian with the right to appoint officers and directors, negotiate and compromise debt, execute contracts, issue stock, and authorize new classes of stock. 

The court awarded custodianship to the Custodian based on the absence of a functioning board of directors, revocation of the company’s charter, and abandonment of the business. At this time, the Custodian appointed Caren Currier as sole officer and director. The Custodian attempted to contact the Company’s officers and directors through letters, emails, and phone calls, with no success. 

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KATX

Upon appointment as the Custodian of KATX and under its duties stipulated by the Nevada court, the Custodian “Acropolis Capital Partner ” took initiative to organize the business of the issuer. As Custodian, the duties were to conduct daily business, hold shareholder meetings, appoint officers and directors, reinstate the company with the Nevada Secretary of State. The Custodian also had authority to enter into contracts and find a suitable merger candidate. Acropolis Capital Partner was compensated for its role as custodian in the amount of 1,000 shares of Restricted Common Stock. The Custodian did not receive any additional compensation, in the form of cash or stock, for custodian services. The custodianship termination is pending. 

Acropolis Capital Partners – Principals, Entrepreneurs, Visionaries – is a private family investment office with a long and successful record of deploying its own capital both independently and in partnership with like-minded entrepreneurs and management teams around the world. Acropolis Capital is controlled by Caren Currier, Ryan Ash and Steven Maatouk 

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KATX is making a powerful run northbound in recent trading on significant volume trading millions of shares and getting the attention of investors including some big-time small cap speculators. KATX has a history of big moves running to highs of $0.0178 in July of this year. Currently under accumulation KATX traded $1.17 million in dollar volume on Wednesday alone.  Speculators are looking for run past previous highs for confirmation of the next leg up; a break over $ 0.0178 and its blue skies ahead for KATX. KATX is now “pink current” and fully compliant. Reverse merger SPACS can be more explosive than biotech’s when the incoming Company has real value but is undiscovered to investors and many RM stocks, we have covered on this website have gone from pennies to dollars. On June 19, 2021, the Eighth District Court of Clark County, Nevada granted the Application for Appointment of Custodian as a result of the absence of a functioning board of directors and the revocation of the Company’s charter. At this time, the Custodian appointed Caren Currier as sole officer and director. Caren Currier has been making name for herself in the world of SPACS “The REVERSE MERGER specialist” is in the wheel house driving this merger. (See IGEX, ILUS, AXTG, SSOF just to name a few of Caren Currier recent SPACS). Caren Currier has earned an incredible reputation in the OTC as a merger GURU. As the current CFO for the investment holding Company FCCC, Inc. and One World Universal, Currier has the experience and know-how to reliably get shell companies up to speed.  “Pink Current” KATX has momentum, huge liquidity and legions of new shareholders bidding up the price. We will be updating KATX as events unfold so make sure you are subscribed to Microcapdaily so you know what is going on with KATX.

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Disclosure: we hold no position in KATX either long or short and we have not been compensated for this article.

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