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Does anyone have a "guess-ta-mate" of when this will trade again...
he just makes me so mad...he is just crooked...I tried to be supportive but after he actually contacted me I could not believe it...seriously I was dumbfounded...I only blame myself for not checking more into this phoney bologne...oh well...its only time till this or one of his others scams catches up with him...I will more than gladly eat my words if I am wrong...my gut is I just don't think I am.
I agree Megas could careless about us...its obvious from the emails he sent me...he cares about making himself whole and is trying to do it without getting himself in trouble with the shareholders or sec
your not an idiot megas is...just clarification...
yes most people are unaware because he does not let us know...idiot.
Wake me up when this stock starts trading again...or if Megas starts another company with the money he stole from us...I am bueno bye from this board...you guys are the most naive people I have ever met...Megas is laughing all the way to the swiss alps.
okay...whatever...I just came from Europe they are just as or even more equipped with email capabilities that they don't have to go into a slimmy "cyber cafe" to email...I am sorry I am sure the CEO of Dell uses cyber cafes as well...my bad. You are having a serious reality conception disorder
its not normal or on the up and up...how naive can you be?
those where his words exactly...that is all he wrote...I don't need to prove anything...I was cautious of the people who posted negative things about him but now I know first hand and his IS a scam artist...cc himself at a cyber cafe in switzerland...tpm8@harolds.ch
I am out...I hope all of your guys put me on ignore becuase I believe there is no hope here...Megas is running with all our money in a swiz bank account....I should kiss my 585k shares goodbye.
Here is the response...obviously I took out my own name and address for privacy reasons.
you do not own any shares in bcit.pk.
>From:
>To: "Thomas Megas" <tpm14@hotmail.com>
>CC: <tpm8@harolds.ch>, <enforcement@sec.gov>, "," <newyork@fbi.gov>,
>"," <lasvegas@fbi.gov>, <neworleans@fbi.gov>, <AskDOJ@usdoj.gov>
>Subject: RE: Date: Wed, 2 Nov 2005 15:41:47 -0600
>
>Judging from your responses and your actions dealing with these issues
>regarding Bancorp international you are not a value or ethical based
>leader and feel you have no responsibility to the people who own your
>shares. I have already filed a complaint with the SEC and other
>government organizations that I feel should be notified of your actions
>(a few indicated on the cc line). This will be my last contact with you.
>Please do not send any other response. Thank you.
>
>
>
>
>
>-----Original Message-----
>From: Thomas Megas [mailto:tpm14@hotmail.com]
>Sent: Wednesday, November 02, 2005 3:32 PM
>To:
>Cc: tpm8@harolds.ch
>Subject: RE:
>
>
>I suggest you go to the sec and the people who sold you the bogus
>shares and file a complaint.
>I have no legal relationship with you.
>thomas megas bcit
>
>
> >From:
> >To: "Thomas Megas" <tpm14@hotmail.com>
> >CC: <tpm8@harolds.ch>, <enforcement@sec.gov>, <newyork@fbi.gov>,
>
> ><lasvegas@fbi.gov>, <neworleans@fbi.gov>, <AskDOJ@usdoj.gov>
> >Subject: RE: Date: Wed, 2 Nov 2005 14:43:24 -0600
> >
megas is cc his emails to this as well
tpm8@harolds.ch
harolds.ch is http://www.harolds.ch/webcam/webcam.html
he is a scammer I hate to say it....I have been duped.
now he sent me this....
I suggest you go to the sec and the people who sold you the bogus shares and file a complaint.
I have no legal relationship with you.
thomas megas bcit
***guys I am totally serious with this response...trust me I have as much to lose as everyone else...who does this guy think he is?
I sent megas a long email and this is all I got back...
you are not one of my shareholders.
Thomas megas
VERYYYYYYYYY PROFESSIONAL!!!
I sent the following email to megas and cc'ed the following:'enforcement@sec.gov.'; 'newyork@fbi.gov'; 'lasvegas@fbi.gov'; 'neworleans@fbi.gov'; 'AskDOJ@usdoj.gov.'
Mr. Tomas Megas,
I have information that you are residing in Spain is this correct? Do you have a time frame of when the financials will be filed or in what manner you are solving the problems that are currently making BCIT non-tradable? As a shareholder I do not feel very informed, not only are there no financials but there is not any sort of useful information from Bancorp International regarding how you are moving forward with the current non-trading position of the security BCIT.PK. The current Shareholders of BCIT are being left in the dark similar to the shareholders in the company that was once run by you as well, March Indy Corp.
After reading the Trading Suspension issued by the SEC noted in this brief it states that unless the company (BCIT) abides by the rule 15c 2-11 no broker, institution, etc... can not trade this stock or they will be reprimanded by the SEC. The information that BCIT needs to supply to the SEC is listed very plainly in the outline of this rule (see link) http://www.law.uc.edu/CCL/34ActRls/rule15c2-11.html
The SEC, brokers, institution, mm's are not to blame in this situation. Just like every other company BCIT needs to provide what is outlined in this rule to the SEC (i.e.. Copy of Prospectus, most recent annual report etc...) If you go to WWW.SEC.GOV you can see that BCIT has not filed any of this information. If any broker trades this stock they will be reprimanded by the SEC with fines etc...(see press release from SEC regarding BCIT suspension and/or
http://www.law.uc.edu/CCL/34ActRls/rule15c2-11.html)
The emails to a few scattered investors are few and far between and the PR's that have been given are gibberish and it concerns me not just for its utter lack of substance, but also for how it reflects a CEO who seems to put on whatever face he thinks shareholders want to see. If management doesn't communicate forthrightly with shareholders, I sub stain from considering that company long term. Unfortunately, at this time my assets are "frozen" and unable to be sold in the market due to the your lack of effort in getting the situation corrected. The least you can do is keep us informed with as specific information as possible. The blame seems to be put on everyone else besides BCIT, you need to step up and help make your shareholder "partners" whole or AT LEAST informed.
Any one have any guess when this is going to trade again?
No he can't seem to print anything including sec filings
Once again people let me FIRST AND FORMOST let you guys know I AM NOT A BASHER....but this is Megas's fault for not filing...not the SECs, DTC, Ameritrade, E-trade, Fidelity...etc...so before you write your letters or emails just remember who IS TO BLAME HERE....
I agree I am just sick of people blaming it on the SEC...Ameritrade...Etrade...Fidelity...Merrill Lynch...MM's...I mean seriously its the fault of MEGAS...I have a feeling I am going to be flushing $15k down the toliet...
PLEASE READ....
After reading the Trading Suspension issued by the SEC noted in this brief it states that unless the company (BCIT) abides by the rule 15c 2-11 no broker, institution, etc... can not trade this stock or they will be repremanded by the SEC. The information that BCIT needs to supply to the SEC is listed very plainly in the outline of this rule (see link) http://www.law.uc.edu/CCL/34ActRls/rule15c2-11.html
The SEC, brokers, institution, mm's are not to blame in this situation. Just like every other company BCIT needs to provide what is outlined in this rule to the SEC (ie. Copy of Prospectus, most recent annual report etc...) If you go to WWW.SEC.GOV you can see that BCIT has not filed any of this information. If any broker trades this stock they will be repremanded by the SEC with fines etc...(see press release from SEC regarding BCIT suspension and/or
http://www.law.uc.edu/CCL/34ActRls/rule15c2-11.html)
Before anyone calls me a basher let it be known I own 15k of BCIT so I am the last person to want to say anything negative about this stock...THAT BEING SAID the pressure lies on Megas to file the needed paperwork to get the BCIT ball rolling again...
I completely agree that is the smartest thing said on this board in a while.
Art thank you for the only serious reply...I will try to contact them. I have tried to contact Megas twice and the transfer company once (who did not have any info) I will try the contact you gave me and post any info if I receive any..thanks!
Really and he refers to himself in the first person...that is an incredibly professional email...tell him I say hello...give me a break and be serious...I am asking for him to simply inform his shareholders...I am far from a basher I am a frustrated shareholder....why would I bash a stock I own...
I have called and got a generic voicemail in what I think is Italian
and you know this HOW??? did he tell you...did you happen to go by and see him working through his office window after getting a bagel at the local starbucks??? NOBODY nows anything for fact around here...
once again...I emailed him once and he did not reply, I don't care about getting ahold of him I understand he is busy, I would not expect a man with a company to run to answer everyones questions, but at least a courtous, I realize the situation and we are in the works correcting it by getting our filing toghether. I am sorry but this is not the SEC's fault, its Megas fault for not filing the correct paperwork and until he does we will see nothing happening with this. If you look under edgar filings there is nothing. A man who has ran this company knows better than to not file with the SEC. Now its just as much my fault for not checking that...and AGAIN I am not a basher I have a nice chunck of change in this security...but the fact of the matter is MEGAS needs to file and be courteous enough to let us know he is in the process of doing so and maybe premilinary timeline...that is all I am asking.
"Silence" does NOT reinforce professionalism keeping you shareholders informed does. Silencing incorrect information just for the sake of putting out a PR is okay, but letting your shareholders know you are aware of the situation, acknowledging it and stating you are dealing with it IS professionalism.
The sad thing is is that I have called him and got some jacked up italian or whatever voicemail I even called the transfer agency and they stated that although they where the transfer agent they still have no updated information. Believe me I am the last person who wants to bash this stock I've got more than 15k tied up in it. But out of courtesy to his shareholders he can at LEAST aknowledge he is working on a resolution.
to say at least he acknowledges what is going on and that he IS working on it...give us at least that peace of mind.
I just called Pacific Stock Agency and she explained that she did not know that they where not connected to the market...I really did not know what else to ask.
has some tried to contact the transfer agency...they should know the status:
PACIFIC STOCK TRANSFER COMPANY
500 E. Warm Springs Road, Suite 240
Las Vegas NV 89119
(702) 361-3033
FAX (702) 433-1979
has anyone heard from megas?
Anyone heard from Megas...when is this going to start trading again?
does anyone have megas # or a contact # that I can ask when this will trade again?
does anyone have the link of the share announcement?
When do you think we will be trading again. I don't think this changes much...basically they made the counterfeit shares valid now...