trying to survive in a crazy world
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f1fans,,, whats the purpose of your list? thanks.
have fun,
Tackler, No, but I sure wish I had that ability. LOL
Have fun,
bobirww Thank you, a las some sound logic. Minus the nonsense, minus the hype, minus unrealistic expectations.
Have fun,
TACKLER Posted by: newair
In reply to: ohbull2000 who wrote msg# 62697 Date:3/6/2007 9:31:00 PM
Post #of 76724
However involved in a complicated minuet where the oxygen of publicity would not be in the best interests of all the shareholders. I also find the lack of clarity frustrating
Question?????????? If you have been sold what turned out to be counterfit shares, are you really a shareholder?
Or just someone who has a beef with whomever sold them to you.
If you are the holder of naked shares, are you a shareholder? Or some one who has a beef with their broker?
I am begining to have some doubts as to where this is headed.
And don't feel good about it. However as someone pointed out, we have nothing to loose, and a great deal to win.
Have fun,
Posted by: newair
In reply to: 500_and_Long who wrote msg# 62712 Date:3/7/2007 7:42:29 PM
Post #of 76724
500 my point exactly. Just because this may start trading, and just because things have been resolved for "shareholders" does not automaticly mean those who ended up with either counterfit or naked short sales are resolved as well. We could very well have to challange brokers who sold them
Have fun,
Posted by: newair
In reply to: 500_and_Long who wrote msg# 62751 Date:3/8/2007 12:36:36 AM
Post #of 76724
My point is a simple one. I would not celebrate just yet.
Read this board, it is loaded with a very one sided opinion, that is almost unaccepting of anything other than a rose garden. I am in full agreement that march indy shareholder have nothing to be concerned about. But I would not be so enthusiastic about the rest of us. It is very possibe that at this point in time the best Megas was able to do was lay ground work.
Oh, and if I am wrong, and I hope I am. I will be happy to acknowledge it real quick.
Have Fun,
Posted by: newair
In reply to: Dimension who wrote msg# 59770 Date:1/28/2007 11:05:45 PM
Post #of 76724
Dimension, your'e right, many of us do hold fake shares. In fact many of us knew that as we were buying them. In as that Megas had already made the problem known, in a public manner.
So yes it is a very good bet they were fake when we first bought them, and they are still fake. Certianly nothing new about that.
The real play against the brokers who were both foolish and selfish enough to allow this to continue trading. Some did get out at the last minute with a nice return. Most did not.
The great big flags went up when several brokerages began to suspend trading. My own sell order at E Trade went in less than five minutes before they stopped. Never executed.
So, again yes we have fake, forged, noexistant, ilusinary shares. What is your point? Again the play is with the brokerages, they should have been trying with everything they have to repurchase and close out positions all along.
Megas has done an awesome job of seeing this through, any lessor man would have walked away by now. And no, I would not assume that just because he succesful in his pursuit, does not automatically mean we win. But it sure sets one hell of a stage to be pursued from. Chill out and enjoy the ride. Senery is great, add a few friends, what more do you need. In the end you will have just exactly whatever you are supposed to.
Have Fun,
Posted by: newair
In reply to: None Date:10/12/2005 12:51:23 AM
Post #of 76725
what we need to understand it that megas does not have to understand anything. And lets face it, many here (not all) bought into what they already knew was a problem. They just hoped there would be a short squeeze. Surprise to us all. But seriously megas doesn't have to understand anything. He did nothing wrong, and he does not need us.
Hard pill to swallow, but thats the way it is.
Have fun,
Posted by: newair
In reply to: lakers17 who wrote msg# 24517 Date:9/14/2005 10:33:19 AM
Post #of 76725
lakers, we have often disagreed, and sometimes agreed.
I always find it ammusing as to how people react to someone who has an opinion very different than their own. It is as if they feel threatened or insecure about their choices, and must lash out to protect their manhood.
I wish I could bottle all of the emthusiasm on this board, it is awesome. But I am amazed as to how few really realize the reality of what is happening right in front of them. The probability of a short squeeze went away when so many got their way. They cried and whined to the SEC, got them involved looking at every aspect of fraud, deceit, and inapropiate behavior on the part of the mm's and brokers. Not that were wrong, they were not. Those things were real and happened. But when they got their wish of bringing in the SEC, they have little clue as to the grinding halt they brought thos to. This will drag out for a very long time.
And as life would have it, it is funny (to me) to watch some of these people who one day are screaming at the top of their lungs about who to sue, how to do it, who to complain to ect ect. Only to turn right around and insult or verbally assualt people telling them to be calm. Sad part is I really think that they have allowed themselves to be put in a tight spot and fear is what is really driving them. So sad.
Don't missunderstand me, I have a bunch of this. Put i a sell order the night before the suspension, (did not execute) because something just did not feel right. While I may be up several hundred percent on paper, I fully expect to show a lose when all is said and done. Most of which I credit to the loud mouth immature traders who always think someone else is responsible for their problems. But either way I will roll with it.
I will say that I wish nothing but good luck to all of us. And nothing would give me more satisfaction than to wake up tommorow morning and find out i was completely wrong as we watched this run up even more. But I just don't think that is the real world at this point.
Fot tomorrow, I would suggest asprins and rolaids. LOL
Have fun,
Posted by: newair
In reply to: None Date:9/6/2005 3:59:18 PM
Post #of 76725
Shares have been referred to as counterfit, they are not. They are however fraudulent. In the absolute worst case senario imo will be E Trade having to refund my original investment. Again, I say worst case, IMO. I diod not have any dealing with Megas, the dtc, or any MM, nor anyone else. I did however purchase from my broker X amount of shares in a company. My broker in the long run will be held accountable for them. the fact that he sold fraudulent shares, while regretfull, is their problem. they in fact are the expert.
So at worst, I recoup my original investment. Now am I happy with that, of course not. But could be worse.
About the only thing to do at this point, is relax and pursue some other venture or hobby. This will come to a conclusion, just as soon as it does, and not a moment sooner.
have fun,
Well I just recieved a letter from Connor & Winters. So kind of them to offer to relieve me of my bogus shares, so as not to be sued. Very generous of them. LOL I wonder the exact number of these "NUMEROUS REQUESTS" they really recieved. Would be curious to know just how many people read the law suit and then just peed alover themselves.
Next thought was someone in this equazion must not be very bright. But that was wrong. The attornies must be making a boatload of money. I have no doubt that megas is no dummy. That leaves me. Well not the brightest bulb in the room, but a long ways from a dummy.
What really irratates me is that this has come down to exactly what I predicted months ago. And to think some people thought I was way out of line and short sighted to think it would come to this. For me the good news is that in my mind, I had written this off a long time ago. So anything positive would have been a gift. Instead, reality hit the fan, and we are left to flounder for ourselves.
I will now ponder just how I want to resolve this and see where it leads me. However I will say this mutch for sure. Anyone who wants to see some resolution to this, needs to be prepared to launch an all out offensive against whom ever sold you your shares.
What a mess. And how unfortunate that we are stuck in it. I will also say that I for one do not appreciate this crap. If Megas had wanted to sue, and in the process throw a great big bone our way, that MAY be different. Not sure. However this law suit nonsense against shareholders is unpresedented and wrong. I do understand the he may have needed to go this far to discover and disclose whom the brokerages were that sold the shares to begin with. But entire case should have been dropped after discovery,,,,,,,,,`then go after the brokerages who allowed this to continue.
Still think something is stinking really bad here, just haven't been able to spot it yet.
Have fun,
Land agent, of course the first question would be,
What Broker?
And that would be what I would expect them to say. Beleive me, once this is resolved they will be in a position of little choice.
When I refer to Meges paving the way, that is a big part of it. Establishing that the Brokers have great liability here.
Have Fun,
dshade, Yes I am aware of that, in fact I had just put in a sell which was not executed. All I am saying is keep watching. The old fat lady has not sung yet.
I still expect to see nothing for the shareholders as such. I expect to see megas win big time. And I really expect him to advise shareholders to do the same thing "I" did. Take leagal action, after all I spent a fortune opening the door for you and paving the way. Just how much do you expect from me. He has alredy primed this pump several times.
Time will tell.
Have fun,
I wonder how many people would be upset if this stock was valued at .0001? Or even .001?
Was the sudden jump to .15 a very strategic, and orchastrated move?
I have said a couple of times, I think Tom settles for the big payoff, and did us the favor of paving the way for you to file your own lawsuit. At 015 you csan garner some excitement. At .001,,,,,, big deal.
Not to be redundant, but as I have said before, look to end up dealing with your own brokerage, look to settle for actual expense of your shares. no more, no less.
Sorry guys but I just don't see a big payday here for the majority of us.
Have fun,
luxytx, anywhere from days, to weeks, to months, to years.
And no I am not being a smart a$$ here. There is just no way for us to tell or predict with any certianty at this point. Way to many variables at this point. All of which are out of our control and or sphere of influence at this time. Any one tells you otherwise is just blowing optimistic & unrealistic smoke up your skirt. But some do enjoy the warmth.
Have Fun,
dkgross, I would agree. In fact if they had any sense and wern't so greedy, they should have made that offer long ago. With time restrictions.
Have fun,
I posted some time back questioning several things. If you bought shares which turned out to be fraudulent, counterfit or naked short shares. And it came down to the wire is your problem with BCIT (Megas) or with your brokerage.
Some were not very happy with this post, and began beating their chests about how they had bought shares, paid good money, and had them show up in their accounts. Therefore they had shares and expected full value for them.
Well we are down to the wire, and reality is hitting the fan. needless to say it is not being distributed evenly.
Think about a few things here. I like many use E Trade. I never asked for, or recieved certificates. My shares would have been held in the street name of E Trade, like most shareholders at verious brokerages. As a side note, could you even guess as to what it has cost just to compile all of this personal info from brokerages, much less all of the other logistical expenses.
Where is Megas really trying to go here? It has already been established as to who counterfitted shares. Question, how were they put into circulation? By whom? And through what brokerages? Would seem to me that at this point, anyone who was involved in washing these counterfit shares would have since been out of this loop. Cannot believe that any of them would still be holding onto any. Defeats their purpose, not to mention not to bright.
So that leaves only people in possesion of shares who bought them legitimitly on the open market, via brokerages. It is not illegal to buy something which has been stolen, or is fraudulent. Unless you do so knowingly. How could anyone even have a clue as to how or where a brokerage comes accross the secutities it sells? So just why is Megas wasteing our time and money? At this point the only beef he may have would be with brokerages, not investors.
One thing for sure, he will know how many shares are in the open market, he will know who has them, he will know whom (brokerages) they came from. Still leave two issues, counterfit, and naked shares. Is it a safe bet that they alredy know which borkerage, or brokerages the counterfit shares were filtered through.
While I am no attorney, but I must question since when the hell do you sue an entire group of people whom did nothing illegal?
Sure you want to obtain information, but it seems to me, he would already have this info. What am I missing here?
One more time, any problem we have is with our individual brokerages for selling shares which they could not deliver. God only knows how hard they must have prayed that this whole mess would just blow over via another broken company. so they were wrong. I almost say big deal... What will it take to get them to pony up? How many share holders have the resources to pursue this to furition? How many have enough at stake to be worthwile?
I really think Megas is in the process of what I stated a long time ago. Clean up the mess, getting total control of his company, as it was. And paving the road for share holders to pursue as they are inclined. Sorry to say it, but I think we will find ourselves sitting on the sidelines here rather soon.
Know I don't know about any of you, but in my business I do fill out forms from time to time which ask if I have ever been sued. In this case the answer would be yes. Which would require an explanation. Not happy about that. Someone referred to a deflamation of character suit earlier. I wonder how Megas would respon to over 1200 countersuits for deflamation of character?
Or better yet forget the countersuits. Just over 1200 law suits fro deflamation of character from over 1200 different jurisdictions around the world? Just might be a thought worth considering. And that comes from a guy who does not believe in running around sueing people.
Just a few thoughts.
Have fun,
Joda, I posted something along that same line, my opinion, not an e mail. Some people thought I was nuts.
However I still think it is a very real and reasonable possibility.
Posted by: newair
In reply to: ohbull2000 who wrote msg# 62697 Date:3/6/2007 9:31:00 PM
Post #of 64838
However involved in a complicated minuet where the oxygen of publicity would not be in the best interests of all the shareholders. I also find the lack of clarity frustrating
Question?????????? If you have been sold what turned out to be counterfeit shares, are you really a shareholder?
Or just someone who has a beef with whomever sold them to you.
If you are the holder of naked shares, are you a shareholder? Or some one who has a beef with their broker?
I am beginning to have some doubts as to where this is headed.
And don't feel good about it. However as someone pointed out, we have nothing to loose, and a great deal to win.
Have fun,
Well another day slips by. Some assume something will happen at the end of the day. And why not, it didn't happen at the beginning of the day.
Some thought something should have happened last month, when it didn't,,, they hoped for next month. Yes, still waiting, or is that hope. Na, its amuseing, that what it is.
Well at least its been fun, if nothing else.
Have fun,
Reaks of fear. Nice to know that they are beginning to acknowledge that.
have fun,
Great way to start the day. Thanks Art. Have Fun,
My point is a simple one. I would not celebrate just yet.
Read this board, it is loaded with a very one sided opinion, that is almost unaccepting of anything other than a rose garden. I am in full agreement that march indy shareholder have nothing to be concerned about. But I would not be so enthusiastic about the rest of us. It is very possibe that at this point in time the best Megas was able to do was lay ground work.
Oh, and if I am wrong, and I hope I am. I will be happy to acknowledge it real quick.
Have Fun,
500 my point exactly. Just because this may start trading, and just because things have been resolved for "shareholders" does not automaticly mean those who ended up with either counterfit or naked short sales are resolved as well. We could very well have to challange brokers who sold them
Have fun,
However involved in a complicated minuet where the oxygen of publicity would not be in the best interests of all the shareholders. I also find the lack of clarity frustrating
Question?????????? If you have been sold what turned out to be counterfit shares, are you really a shareholder?
Or just someone who has a beef with whomever sold them to you.
If you are the holder of naked shares, are you a shareholder? Or some one who has a beef with their broker?
I am begining to have some doubts as to where this is headed.
And don't feel good about it. However as someone pointed out, we have nothing to loose, and a great deal to win.
Have fun,
Why hasn't anyone bothered to copy and paste to this site??????
No I did not. And beleive me, no one hopes for positive info and results any more than I do. Hope you right. Only saying be sure and careful to confirm info at this stage of the game.
Have Fun,
Careful with all of the offshore ties to BCIT. Did a lot of DD on that area last year. They are not tied to us. There are many, many Bancorp companies, groups, holdings, ect ect. It great for a quick rush in the blood pressure, but not us..
Things are always changing, so look real close if you think there is any kind of a tie.
Have Fun,
I have listened to most of that in the past. Very sad situation. I think that most people do not have any real clue as to just how little control they have over the markets. Loaded with crooks and thieves, many called attornies. We are just along for the ride. If you are lucky or smart you can make a couple of bucks. If you are both, and realize that tis is a game, you can do well, just need to understand the ground rules.
Who are we waiting for? Lots of speculation, but I really think that Govt enities have played out their cards. At this stage of the game in due time, I think we will find that the recent delays are as a result of "Megas." But not a bad thing. As Domerfan just pointed out via a link, Megas has far more important reasons to be in OK, than court or signatures. And for that matter if all they needed were signatures, papers would go back and forth via fedex or simular, signed and notorized. Look at the change in timing of PRs, been a while. communication to a bare minimum. I think it it prudent that we realize that we still may be a long way from resolved. There are basically three types of stock involved. 1. The original march Indy, 2. the counterfit, (very different problem) 3. the naked shorted shares via the brokerages. Both before and after they were advised by Megas and the dtc that counterfits were floating around. The first two are rather clear cut and simple to resolve, time and money consuming, but simple. For us the big challange lays within the 3rd type. No one but the individual brokerages that sold them are even close to being responsible. Many, perhaps most of us were well aware of the fact that this was shorted beyond belief. That was the reason for our buying in the first place. to capitalize on a short squeeze. Which came close to happening, until a few brokerages wised up and suspended trading.
For those thinking about transfering shares to a different brokerage I would be very very careful to explore all negatine repercushions. First I doubt that any other brokerage would want to transfer these into your acct. In the worst case senario if everything blew up in our faces, the only possible recource one has would be with the brokerage who sold them to you in the first place. There is a big difference between these in your acct from the selling brokerage, and litigation after the fact. Do your homework and walk causiously.
My gut tells me that Megas is about to unvail something that will be of great value to original shareholders. I believe that he has laid the ground work to start a short squeez, however we will in fact be on our own. With our recourse against the brokerage from whom you bought your shares. they have several options, including but not limited to letting this run up a bit but keeping it contained. While buying back every share they can. ignore it, hope it goes away, (LOL) offer to refund your original cost. Let you take it to litigation. How many here have the resources to pursue this course. How many would find it to be cost effective? How about class action? Do your homework, only the attornies win in this situation.
I would suggest that if you beleive in prayer or any type of a higher power, that you "PRAY." As close as we are, we still have a long ways to go.
Good luck to us all.
Have Fun,
lluvbbs, they are in the same places where Tony was, for the four years before the end of the story. But rest assured, they are still there.
Have fun,
Had several GTC sells in at E Trade. They were all canceled yesterday. I would think because of the cusip number change.
Have Fun,
No idea, I just walked in the door. eom
WOW haven't even read a single message yet, but sure is awesome to see so much activity. Something good musr be a brewing.
have fun,
Thanks Art. Happy to hear it.
Have Fun,
For crying out loud, do we have a new sterling board, full of his lemmings? Please,,,,,,,,,,,
alynnb, that was never in question. In fact for many it was the main reason for buying. As I have said many times, the real play here was the brokerages and their greed.
Have Fun,
molson, don't remember the number breakdown, but I do think this is where most of the problem is evolving from.
Brokers keep saying that they are waiting for certs to be exchanged and pointing the finger back at the company (bcit)however considering the massive short that exist, those certs will never be exchanges. Considering that the original (ligitmate) shares were held by a relitively tight group, it is very possible that they have already been exchanged. But only as it applied to the original ligitimate shareholders.
Hence a major part of the breakdown in communication and cooperation.
And at this point it is still easier for the brokerages to point the finger that to acknoledge they will have to cover a problem which they themselves greatly contributed to.
And as long as Meges holds the line which he has been, there will never be enough certs to exchange. About the only thing the brokerages and DTC have going for them is TIME. They can only hope to drag this out to its grave.
Have fun,
Dimension, your'e right, many of us do hold fake shares. In fact many of us knew that as we were buying them. In as that Megas had already made the problem known, in a public manner.
So yes it is a very good bet they were fake when we first bought them, and they are still fake. Certianly nothing new about that.
The real play against the brokers who were both foolish and selfish enough to allow this to continue trading. Some did get out at the last minute with a nice return. Most did not.
The great big flags went up when several brokerages began to suspend trading. My own sell order at E Trade went in less than five minutes before they stopped. Never executed.
So, again yes we have fake, forged, noexistant, ilusinary shares. What is your point? Again the play is with the brokerages, they should have been trying with everything they have to repurchase and close out positions all along.
Megas has done an awesome job of seeing this through, any lessor man would have walked away by now. And no, I would not assume that just because he succesful in his pursuit, does not automatically mean we win. But it sure sets one hell of a stage to be pursued from. Chill out and enjoy the ride. Senery is great, add a few friends, what more do you need. In the end you will have just exactly whatever you are supposed to.
Have Fun,
Molson, like I said if folks want to forward them to me, I will assemble and forward with proper and serious corropondence.
e mail addy newairus@yahoo.com
have fun,
pat
Seriously, their getting crazy. I would love to see a response that gives an answer instantly. Says we have looked into this so often and so extensively that we don't even have to think about it. We are preparared to tell you that without a doubt we really do not know what is going on, period. What we do know is that we are doing our collective best to stall as long as possible. Sorry for the negitive response, but at least we know that we don't know sh$% and can now inform you of such in a timely manner.
Sincerely,
e trade
imcompetence division.
Does anyone realize how many responses we have from E Trade, collectively? A response here and a responsxe there doesn't seem like such a big deal. But if you add up all of the responses just everyone on this board has, well it is scarey.
Might be ingteresting to put them all together, make hard coppies and send an envelope full of them to E Trade. Let them see the level of the incompetance.
Might be to simple, but seems to me that if you ask them a question on Monday and it takes them 3 days to obtain an answer, and I ask the same exact question on Thursday they ought to be a little better prepared by Thursday. These responses have turned into a giant cluster *&^$ of ignorance. Any one want to send them all in together? If you want, e mail them to me, I will generate hard coppies in cronilogical order and a letter.
Have fun,
I have seen the same senario with several stocks. IMO total BS
and minipulation. But like I said, to me, I only look at the entertainment factor at this point. To many more important reasons to raise blood pressure.
Have Fun,
GRYF up to .02. Someone moved 6000 shares yesterday at 2 cents. Really doesn't make any sense to me. but entertaining at times. can only hope it turns into a marketable shell. Perhaps then we can reap something from it.
Have fun
Well, looks like we are rich again. LOL
Wonder who & why this is being played with.
Have fun,
Reminds me of "CACTUS" from the old CGPN days. Enough said.
Have fun,
Wall Street is expected to pay out $23.9 billion in bonuses
And some wonder how our little poedunk company can be pushed around and abused as well as ignored.
The answer really is simple, the power of money.
Have Fun,