Bancorp International Group Inc (fka BCIT)

[BigMoneyAtl]

PWD* was dead for years...Out of nowhere it came back alive just like nothing happened couple mos ago. All past due financials updated and filed with SEC.

[Stocker1]

Funny thing is I have a couple other stocks still in account that have not traded in decades, but yet those can be transferred.

Still in my Ameritrade account though

[BigMoneyAtl]

Me too. Got the alert and BCIT shares are history. Criminals got a jail free card with the help of SEC. Sure hate this "Fckr" so calleD "SEC".

[Stocker1]

The security referenced below has been removed from your account because the security was classified as nontransferable by the Depository Trust Company.

Security: BANCORP INTERNATIONA

[Stocker1]

Removed from etrade this morning

[backaway]

FYI.... I found out second hand thru my financial advisor that Ameritrade dumped my BCIT shares to Schwab. Go figure.

[op9171787]

appreciate it.

if you have a contact at M.Stanley who would be willing to be contacted by an Etrade guy to tell them they will take bcit shares that would be super helpful.

[f1fans]

As soon as I know more, I will post.

F1

[op9171787]

point is, you're saying Morgan Stanley will take your shares, right? But the reason etrade says they are removing the shares is because of Morgan Stanley (to which etrade is being absorbed). So i am wondering if your contact can shed light.

[f1fans]

ET suggested to transfer my shares to another broker, so I took them up on their offer.
That is what you should do because ET don't care.

F1

[op9171787]

so am i. if you can, f1,
shoot me an email at johnhdfamily AT gmail com

i am about to lose bcit shares at Etrade.

[f1fans]

Yes, ET.
F1

[op9171787]

are you with Etrade if you dont mind me asking?

[f1fans]

That is the plan.
F1

[op9171787]

is morgan stanley taking your shares?

[f1fans]

Still in the processing phase. Will let the board know.

F1

[op9171787]

f1fans, hello. do you have any kind of update on your shares? I find it interesting that your contact is with Morgan Stanley because Etrade is about to delete my shares BECAUSE of Morgan Stanley, that they are being absorbed by. Morgan Stanley acquired Etrade. Can you give me some kind of insight into what this guy is saying to you, because I am about out of luck and shares will be removed like in just days. thanks, man. Could this guy instruct his underlings - if he has any - to tell Etrade to not delete the BCIT shares? just a thought. thanks again.

[mikeymac]

I would think not. Guilty, is guilty, and time to go after the next one that directed the brokerage's to continue their business as usual.

[realwhiz1]

this might end up saving Megas if he is willing to make a move./quote]

He is not concerned about being saved - I am sure a double moutza in the general direction of the United States will be the only move he makes!


His actual words last August:

Here in Europe the SEC is regarded as a joke and jurisprudence at the summary level in the U S A farcical. All that has happened is that the court has rejected my motion to dismiss as expected.

Also:

In Swiss law both the court and the SEC are criminally liable for what has just transpired, a position I have never been in.


He did file an appeal in the Third Circuit Court of Appeals 0:22-cv-01593

Megas could have been helpful in restitution - I am sure after all the made hay - most by now have figured out this was never his true intention.

SO - at this point - is the xanthodontous, quisquilian, periplanomenos know as Thomas Megas actually relevant going forward?

[puckhead]

DOJ will only be pointing guns at their feet at this point.....

[Chas56789]

Sorry you are mistaken. The global lock took effect Aug 11,2005. I purchased my shares from TD Ameriturd on Aug 19, and from Fidelity after that during the last week of Aug just before BCIT was halted. According to the DTCC internal document I posted earlier, the shares I bought from both Ameriturd and fidelity was after the global Lock and would not have settled through the DTCC settlement system. My shares are Naked as a Jay bird!

[janice shell]

Oh for God's sake. The DOJ will not be going after DTCC.

[op9171787]

good to hear.
is the settlement per share still being talked about and pursued or is that off the table? is DTCC ready to settle this with your facilitation or will DOJ need to put a gun to their head?

thanks.

[f1fans]

Thanks for the update. I have already started the ball rolling on the transfer, I would rather see my shares in my account then be on the outside looking in with no shares. I hope none of this will matter in the end as you say.

F1

[mretgnol]

I have my shares in Ameritrade and I did not get a message of them disappearing my shares. Now my situation may be different from yours as I bought my shares after the Global lock. Therefore the DTCC does not have my shares. Only Ameritrade could have my shares and in a certificate form as they would have had to buy from the seller ex-clearing. This is supported by DTCC internal document B0846-11. FYI

This stock did not trade after the lock.

The DTCC never had anyone's shares except for the original 635,000 on deposit. They had 240 Million counterfeit shares from Capital Growth Financial that were returned to the original group who hijacked this shell corp.

Ameritrade would not have a certificate, would also not have to purchase shares since the Customer Protection Rule was suspended.

Once again, you show your misunderstanding of ex-clearing. Just like when John Edwards had an ex-clearing contract for 111 Billion CMKX shares.

[mretgnol]

Hey ChasZERO.

Did you see where all the stock scams you pumped were related to the mob? LoCastro probably wishes he could swivel his pork head around fast enough these days.

https://www.justice.gov/sites/default/files/usao-nv/legacy/2013/05/23/CMKM%20Superseding%20Indictment.pdf

I hope Nicky loves the package he's going to receive showing who the rat was.

[mretgnol]

Honestly, it's the most dead silence I have seen.

Someone on their side messed up bad and is going to be forced to produce a 328 Million share certificate and an explanation why they never reported the counterfeit shares to the proper authorities.

[mretgnol]

I somehow was locked out of my account here.

Then couldn't recover my old email either.

Effen A.

[mretgnol]

Those 1400 shareholders and their original broker are fairly well known.

Etrade can try to remove shares. Means zip in the end.

Expecting two subpoenas to be issued in the next 30 days. One is going to the DTCC's legal counsel.

Sadly, this might end up saving Megas if he is willing to make a move.

[op9171787]

i dont get it, F1. Morgan Stanley acquired Etrade, so what exactly is he doing moving them from ET to MS? I imagine they are still somewhat separate entities but doesnt Etrade do whatever Morgan tells them, why would you need to move them from Etrade to Morgan if so? is your contact high up at all (not asking for specifics)? tia

[f1fans]

Way to come to the home stadium and root against the team.

You must be fun at parties.
F1

[janice shell]

Couldn't believe we were sued to prove how many shares that were out in the public.

That was perhaps the dumbest thing Megas did. And of course no naked short was proved, because there wasn't one.

[op9171787]

roger that.

[f1fans]

I have always held 106's and just started the process. He is going to go over all the data I gave him.

F1

[op9171787]

cool, f1. you have 106's then? did he give you any advice on what could be done after all these years or does he just look at the fact that it is dead & delisted and it's over?
tia

[f1fans]

Transfer process has begun, He was blown away of all the steps we have taken in all of these years.
Couldn't believe we were sued to prove how many shares that were out in the public.
I will keep the board updated.

[allezlOM]

Thanks , here all quiet on the eastern front.

[Stocker1]

Thanks

[f1fans]

I'm meeting with a Morgan Stanley finance guy today that I happen to do some work on his house. He is very interested in the BCIT story, and said he will be looking into transferring me over from ET to M/S. He is familiar with the PREM situation at M/S.

Stay tuned. F1.

[IVRT]

That clock stopped long ago, but it does tell the right time twice a day.

[IVRT]

Gold has a very bright future.

[Stocker1]

Clock is ticking on a lot having this removed from their accounts. Guess this saga is finally coming to an end

[f1fans]

Weebie, someone hacked your email.

[op9171787]

mretgnol, hi. are you still working on a possible restitution with the dtcc for bcit holders? or have you walked away from it? understandable if you have, just wanting to stop thinking this is still an open issue if it is not. thanks.

[Stocker1]

Mine still in ameritrade. For now I guess.....

[mikeymac]

Possession is nine-tenths of the law, as the old saying goes. Ownership is easier to maintain if one has possession of something, or difficult to enforce it it does not.

Does this make things more difficult for your endeavors mretgnol. Thanks

[op9171787]

given current developments, I would say that right about now would be a good time to hear from mretgnol, given brokers are trying to remove shares and kill this thing. mretgnol?

[LexTrader]

I wonder how the transition to Charles Snob will effect the timing of the shares being removed

[Kramrer]

Ameritrade still showing my BCIT shares in my account as 05968X106 !

[mikeymac]

Not to beleaguer the point, but the DTCC probably wouldn't have had the shares before the halt either. The Grawbowski proved that.