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Really? We know two who have been lurking here for the last couple of weeks.
Anyway be that as it may, you might be able to clear something up for us.
In the SEC papers they say that Pamela Thompson faxed the SOS Nevada to become Transfer Agent.
That made no sense whatsoever and when we spoke to SOS Nevada they don't deal with that and there is no record of a fax on their records.
A second enquiry drew puzzled looks :#
So it rather looks as if it was done by faxing DTC if they ever faxed anyone.
Can you throw any light on this?
I wonder why anyone would still want to invest in this?
Leave aside the other business opportunities that re being explored, where else are the brokers going to get their shares they need to cover their naughty naked nudey bits.
Ball park that runs to a lot of dosh roughly 500 Million kerching
Karotte am Stiel the week has started very well.
60K raised last week for the cause. Al the admin sorted after FINRAs duplicity - schauen Sie big guy - aqnd two BIG investors.
Oh and thank you to the wag who sent us the English German dictionary.
You haven't got it have you carrot.
It is trading, has been eligible to trade all the time.
Admittedly it is limited not being DTC eligible, BUT no DTC means NO lock, which means NO reason for those brokers not to deliver the certs.
If they had any.
Agree to a point. They are clearly still fronting it out especially with Ameritrade and Etrade. However, with Scottrade and their lawyers having dropped themselves well and truely in it things might change.
File goes to Federal prosecutors on Monday and thats all we can say on the matter.
There is more than one way to skin a broker.
You are right think outside the box. make a complain to the advertising regulators.
More in a Benny the Bouncer frame of mind.
wow boy who got you the pic of our team jam jar?
Richard says "Go BCIT"
The important thing now is for BCIT to make you money. Now clearly in the short term thanks to the help of DTC, SEC and FINRA the company is not going to be trading but that does not mean it sits around picking it nose.
There is lots going on behind the scenes to turn this company from a dormant shell into a serious entity.
This is not the forum to discuss the business plan in specific terms but we think you all have a good idea where it is going.
We cannot answer that due to hub rules.
No is the short answer.
After this week nothing would surprise us.
You know the joke is that we are talking from the same position really. With the way things are you cannot be too careful and even with good DD and caution you can still get burnt.
Rather than ringing TDA start emailing them so that you build up your case history file with the stories they tell you.
We are hitting the brokers as well but if you all follow this to court as well they have to defend 1500 actions each one of which will cost them the same as one action.
Why did BCIT lose their DTC eligibility?
DTC wont say.
SEC dont know
Finra dont care
As your post says there are several things that jeopardize your company’s DTC eligibility:
Reverse Split - didn't happen because of the DTCC
Name Change - Didn't happen because of the DTCC
504 Financings - Didn't happen probably because nobody thought of it.
Would you believe that according to somebody in the know being revoked is not one of the reasons.
WTF is that all about?
You need to be instituting a FINRA arbitration or Small claim Court action.
You should immediately contact ETrade pointing out that there is no longer DTC involvement ad so no global lock.
You should also point out that they are sending false written statements pertaining to the delivery of a financial instrument and that you have reasonable grounds that the author is attempting to conceal a criminal activity ie fraud.
How are the efforts at capitalizing coming?
Very promising
Etrades emails are word for word comma for comma the same as another firms.
.
There are only 645,806 shares of BCIT on deposit with CEDE & CO (DTCC).
There are none of the major brokers on the T/A register
On the evidence available there are reasonable grounds to believe that almost every single share sold in 2005 by brokers was naked shorted.
The brokers are still obstructing, misleading, lying and it would appear that in some cases so are their their legal representatives as well as others in regulatory positions.
Carlton Huxley Ltd have a variety of strategies that we have not employed yet, however these will start to be implemented next week.
what are the desired effects in terms of highest priority?
Get the company to a new exchange with BCIt shares and start fresh there.
Get trading in roughly 6 weeks if it can raise the 150 to 200K, which is looking good at the moment and is very feasible.
Thomas Megas does not want to be listed on an American exchange at this juncture and in view of the events of the last six years and the revelations of this week can you blame him?
Lakers told me
There are FBI agents who work the boards. sometime they sub that work out to trusted and proven private firms. No names no pack drill. However it is hard to draw a line between honest debate and free exchange of views to stock bashing. Same way it hard to draw the line between honest promotion and pump and dump.
Lakers actually said something sensible in the very early days of us being here which is that anyone investing should
1. Do some research or DD.
2. They should have a defined trading strategy which they do not vary from and
3. Never ever invest what you cannot afford to loose.
Well we have reasonable grounds to suspect one brokerage firm of a serious criminal offence. It would be inappropriate for us to comment further other than to say that we will be submitting a report at the start of next week.
Was I right, was I right!
when something happens once it can be an isolated incident.
twice...coincidental
3x...showing a trend
4+....PREMEDITATED
The Transfer Agent has the Cusip for BCIT as 05968X205 which is what we all say
The DTCC show it as 05968X106 on their announcement of Non eligible stock which was issued sometime after the revoking of Energy Source.
Janice dont say it was Megas's fault or Santa will put you on the naughty list. Hope that doesn't count as a threat
Back then they often ignored DTCC locks.
Think you might be talking to the converted there Janice. AS we have said before if they have made a mistake they should sit down and talk it through and reach a solution that is reasonable for all parties.
No doubt there will always be some that you wont please and we know who they are, but the majority of people involved here are reasonable people who want to get their money or shares and move the company into the future.
As you said yourself in defence of the brokers who sold the stock - - do you think they have nothing better to do than worry about a crippled lil Ol Nevada shell - there are lots of big things going on at full tilt the whole working day.
The point is that if the brokers sold in error it would have been easier to have faced the music after the rogue shares were squared up by the court case than to weave this tangled web of deceit.
No it is not occasional trades this was a full on selling frenzy.
Now they say we dont and never did hold the shares they are all with DTC and they aren't and never were.
Some of these people signing these letters for the corporates are going to go to prison unless they and their employers buck up.
NO not just yet we have something else on the go just at the moment.
Just be patient
Maybe I should get Terri a copy for Christmas.
The post lock trade were not scattered. They were full on and account for a massive percentage of the sales.
Very true and it is a right that should be respected.
Thats what we are tryin to tell you, they were notified that the reverse split had not gone through but nothing about the name change.
Understand the confusion and will resolve it asap.
Janice we thought the same, but it appears the brokers are claiming that it was inventory or at least in street name with DTCC.
The fact is there is nothing there
the problem post lock is that they could not access what was held at DTCC (even though there is not much to hold) and should ave had the shares.
I think as far as these post locks sales are concerned that the answer is simply that the brokers/traders did not understand the lock and its implications. It sounds unlikely, but from reading the responses they have sent out over the last six years it is evident they had no idea what they are talking about.
cant find a date for that list