22 February 2026
Disclaimer: This is a simplified summary of a public company filing. See full disclaimer here.
KAT EXPLORATION, INC.
CIK: 1474558•2 Annual Reports•Latest: 2025-04-30
10-K / April 30, 2025
Revenue:N/A
Income:-$179,537
10-K / June 20, 2024
Revenue:N/A
Income:-$56,330
10-K / April 30, 2025
Summary of KAT Exploration, Inc.
Company Overview:
- Name: KAT Exploration, Inc. (OTC ticker: KATX)
- Incorporation Date: July 7, 1992 (Nevada)
- Headquarters: 323 Sunny Isles Blvd, Suite 745, Sunny Isles, FL
- Authorized Shares: 2,450,000,000 common shares (par value: 0.001)
- Outstanding Shares (as of April 9, 2025): 1,834,271,048 shares
- Business Type: Shell company engaged in search for business opportunities such as mergers, acquisitions, reverse mergers, or other financial transactions with operating businesses.
Operations & Business Activities
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Current Business Focus:
- Primarily engaged in seeking merger, acquisition, or business combination opportunities with operating businesses.
- Has had limited operations since November 30, 2015, and is classified as a "shell company."
- As of June 2021, entered into a joint venture with GS Mining Company LLC to develop, market, and operate a gold mining and milling company in Colorado.
- The joint venture involves developing and upgrading mines and facilities with a commitment of $3.5 million in funding.
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Nature of Business:
- Not engaged in significant operational activities or revenue-generating activities currently.
- Operations are centered around locating suitable transactions and preparing for business combinations.
Employees & Management
- Employees:
- Currently has one employee: Gregory Klok, who serves as President, CEO, and CFO.
- Consultants & Advisors:
- Management expects to use consultants, attorneys, and accountants as needed, with no additional full-time employees anticipated unless a transaction is completed.
Revenue & Income
- Revenue (2024 & 2023):
- $0 (no operating revenue reported for both years).
- Net Income / (Loss):
- 2024: $(179,537)
- 2023: $(56,330)
- Operating Expenses:
- 2024: $179,537 (primarily consulting and accounting expenses).
- 2023: $56,330.
Financial & Market Data
- Market Capitalization (as of August 31, 2024):
- Approximate value of $183,427 based on stock price and shares held by non-affiliates.
- Stock Performance (High/Low per quarter):
- As of November 30, 2024: High $0.00029, Low $0.0002.
- Major Shareholders:
- Gregory Klok owns 1,000 shares of Series A Preferred Stock, giving him voting rights equivalent to 66% of the company's common stock voting power.
Key Highlights
- The company is in an early stage, with no current operations producing revenue.
- It is actively seeking business opportunities, primarily in the mining sector, particularly gold mining through its joint venture in Colorado.
- Its financial position is characterized by operating losses, an increased stockholders' deficit (approximately $193,055 at November 30, 2024), and minimal cash on hand ($522 as of November 30, 2024).
- The company has not paid dividends and has not repurchased any shares in recent years.
