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Look for your Naked Short Shares here at the DTCC
ftp://www.dtcc.com/060514163325p/
karb.
Can't you tell that I'm looking for my BCIT certificates at the DTC?
karb.
Tell Eturd to call RBC...
3....2....1.....Cancelled.....
Cusip question: Are the pref shares listed as "9328729" in my account actually BKMPP?
karb.
OMG...listen to this...I called my broker up to place the order....he called the trading desk....the trading desk said that they had no one to sell it...I said what?? They said no one to trade it too...I said what??...he said something about over the counter dealer to dealer...not dealer to sell it too....I said what??....no market to sell it to because of delivery uncertainty....I said what, you cant be sure that you will be able to sell my shares to someone and deliver them???...he said that traders wont touch it....I said wtf, so what should I do?.....no answer....
MY HEAD IS ABOUT TO EXPLODE!
karb.
I'm on the phone now trying to place that order 10000(10k) @ 0.15 ...you guys better buy it up....
I don't mind trying to sell @ .20 for 2500. Is anyone here on this board going to try to buy it? Or am I just wasting my time?
Real? Do you mean real email? Yes. My sell order? Sure...I'm game to get this thing moving again.
Probably...anyone want to buy 5000 shares @ 0.15? I'll set my sell order for 0.10. That way...we make a market? lol
Email from my broker:
To : xxxxxxxxxxx
From : xxx Online Customer Service
Subject : RE: Trading - RB
Date : 7 Dec 2006 11:12:07
--------------------------------------------------------------------------------
Dear xxxxxxxxx,
Thank you for your reply.
There is a note on your investment account from an investment services representative named xxxxxxx, that it is possible to place a trade on BCIT as the cease trade order has been lifted, however you will need to call in first as we need to advise our trading desk first.
Sincerely,
xxxxxxxxxxxxxx
Liaison Investment Services
xxx Direct Investing
Thanks! :)
Gotta link for that definition? TIA.
Nope...read the fine print of your aggreement with your broker.
No...QCIP as stated in BCIT's PR
Wed, Nov 01, 2006
9:37 PM Bancorp International Group Announces QCIP Number - PrimeZone
Private Practice Lawyer Profile for Clell I. Cunningham III
Clell I. Cunningham III
Dunn, Swan & Cunningham, P.C.
2800 Oklahoma Tower, 210 Park Avenue
Oklahoma City, Oklahoma 73102-5604
Telephone: 405-235-8318
Fax: 405-235-9605
Practice Areas: Securities Regulation; Broker-Dealer Regulation; Securities Fraud; Real Estate; Commercial Litigation
Thomas Megas
Bancorp International Group Inc.
280 Oklahoma Tower
210 Park Avenue, Oklahoma City
Oklahoma 73102
CONTACT: Bancorp International Group Inc.
(405) 315-5535
What is a QCIP number???
When this thing starts trading...most of our brokers will "elect" to not participate(which is their right) and force us to transfer our bcit shares to another "willing" broker....which of course will take weeks(assuming you find a broker willing to touch it).....mark my words...I can smell it....
karb.
I guess my call to them peeezed them off...no more 0.15 for you... :(
Good luck trying to place a sell order without it getting cancelled on you....
SLJB is a cheeeze factory.....
Why does that yahoo email address bother you? Yeeeehawwwww Yeeeehawwwww Yeeeehawwwww(donkey sound)
karb.
I called my broker today....
which happens to be RBC Direct Investing(RBC Action Direct) to place a broker assisted "market" sell order on a few thousand shares of bcit @ 0.15 since all of my orders placed online get cancelled without any real explanation except to say that there is "no market" for this security. So the broker tries to place the order...and then their system screams out that there is a cease trading order for bcit. After consulting with "others", he comes back to tell me that he could not find bcit on any cease trade order list either....so he tells me that he will follow-up with "others" at the trading desk and get back to me....yeah...right!
I get the feeling that if bcit starts trading again....they will get me to "find others who are willing to deal in this OTC stock but not them"[~paraphrased] which means a massive delay before certs are transferred to another participating broker!
Any thoughts?
karb.
Pig Pounding anyone?
I wouldn't touch this POS stock....
Ain't gonna happen....weeeeeeeeeeeeeeeeeeeeeeee
I hope someone pays :)
I could be wrong, but RBC DirectInvesting is a seperate entity and not directly related to the RBC banking parent co. They use the RBC prefix under a license aggrement...so if they tank into bankruptcy...forget about going after the RBC big mama deep pockets. Why are banks spinning off brokerage business'?...hmmm...the emperor has no clothes...sorry, my mistake...the emperor has naked shorts on is more like it.
karbin.
"delivering the certificates to you directly"????
So they can blame the TA or company when we never get them?
karbin.
Do your BCIT shares show up as segregated on your brokerage statement?
Another 1000-1 R/S is near....I can feel the pain already...
Email from my broker:
Dear Mr. xxxxxxxx,
Thank you for your update. I apologize for the delay in replying. As per the news release, "Persons who hold their shares in brokerage accounts or 'street name' are not required to take any further actions to effect the exchange of their share certificates, this being the responsibility of their brokers, and are advised not to contact the transfer agent.". As this is a mandatory corporate event, you do not need to take any action. Moreover, until we have been notified, you can trade as normal on these securities.
Sincerely,
xxxxxxxx xxxxxxx
Liaison Investment Services
xxx xxxxxx xxxxxxxx
-----Original Message-----
Sent: 20 Nov 2006 12:46:00
From: xxxxxxxxxxxxxxxxxx
To: xxxxxxxxxx Customer Services
Subject: Trading xxxx
Hi xxxxxxxx,
BCIT released a PR this morning(see below) for a certificate exchange. How does this affect my position in BCIT and in my ability to trade BCIT?
Mais alors....franch vomens rrrrs fabulooooooos
Anyone here have segregated bcit shares paid in full? I don't...my monthly position statement shows a big fat zero for the segregated value...hint: means your broker is short the stock....errrr....penny stock..BCIT....cert exchange....short?!?!
LOLOOLOLOLOOLOLOL....
karbin.
Errrr....no.
Megas "The Greek" will put many many Drachmas in our stockings this Xmas!!!
~karbin "the 1/2 greek" 12
So what are my shares now worth?
Good thing I only have 10000 shares in this POS....