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You yourself said you heard it from the attorney for the plaintiff that you have cozied up to. You said it, its in your post.
Its a question of ethics. The lawsuit appears to have been designed to steal shares from holders of small amounts of stock. They will never realize the bonanza of trading profits that await other shareholders of large amounts when the suit is decided, and the stock is released to trade once again. When the price soars to the heavens, they will be left with nothing, because they were sued and had to give up shares. You call that ethical? You call BCIT ethical? Thats the kind of business dealings you support!
Giving up your shares is for the greater good of getting bcit trading again. LOL.
You will definitely get the last bark. And you can have it.
Real shares? Who has real shares huh? Is the NOBO list comprised of individual, now sued for stock fraud shareholders, who hold electronically real or fake? What are these electronic shares? Are they paper certs? So where are the real shares if they are not the paper certs or the electronic shares?
Yeah, I know. Attorneys a necessary evil. But just think, you need one cause megas sued you.
The odds I'd say are pretty slim. Lots of hoops to jump through. Lets see, after the suit is settled, then you get an attorney, then you sue for .......
Dream on.....
Why? Don't you have a decent attorney?
WHere is the proof this unprecendented lawsuit against innocent shareholders is necessary to get us trading? Show me.
Small innocent, unsavvy shareholders may just throw in the towel and give up thier shares to BCIT, so they won't have to deal with the lawsuit. Megas must have hatched that beforehand. I asked, is that the work of an honest man?
What about the ethics here? Some will be forced into surrendering their shares due to being sued by BCIT.
Thats not my plan
Also, couldn't xomment but I said the brokers or mm's or dtc are going to have to give me good shares. She laughed and said that you would think so.
She laughed at you too?
So much for the little guy up against the brokers and naked shorts huh? Let BCIT sue 'em right? Want out little sucker, ok, give up your shares. Sounds more like blackmail to me. OK by you though?
How do you know they will release you? You think that huh? What if they don't?
SO its ok by you for some to give up thier shares because they were small shareholders, simply because they were small shareholders, to get out of a suit by BCIT, the company they owned stock in? You think thats fair?
Caution: the attorneys listed in this email are the attorneys for the plaintiff. Contact them at your own risk!!
Thats not true. You can respond in a certain way, meet the courts requirement, but still not answer. Need an attorney to find out how. To answer means you give the OK court jurisdiction over you, even if they may not legitimately have that. ITs pretty basic. And so if you answered, but not an OKIE resident, you screwed yourself on that one imo.
Check back pard, I was around in 2005 too. I am no basher, I am an extremely irritated, p...ed off stockholder.
Thats what he's doing imo.
Good argument to call this a frivolous lawsuit then.
You really think anyone is going to touch this thing after this "pinky- ceo- files- suit -against -electronic -shareholders" BS? This is the equivalent of a stock with leprosy. LOL. Thanks Megas.
So where's the 10K? Waiting for a pinky ceo to deliver a 10k is like waiting for the rapture.
All according to script my friend. Whenever a pink ceo gets to feeling a little heat, he sends out an email about the 10K coming out soon. This stuff is so predictable, that I would fall asleep, except for the fact Im sued here.
You are not in TX dude, you in lala land
You threatening me Cap?
How do you know that? What are you going to put on your application when asked if you have ever been sued?
Not without consequences.
This is news? He already sued the guilty parties, got judgement and garnishment. What does this have to do with the suit against 1300 innocent stockholders for the serious allegations of stock/mail fraud who bought through brokers? What I ask?
PRE RESPONSE TO POST 72451>
Ohbull, just answer my question.
As far as the 10K delay, more typical pinky ceo BS excuses. Those guys got more excuses than shares of stock. You do know that by now?
What exactly do you doubt? You doubt 1300 innocent stockholders were sued by a penny ceo of dubious character? You doubt this is a negative for all of them? You doubt they should be posting their displeasure about this turn of events?
Also, define for us all what on here that anyone has said that is misinformation and scare tactics? Except the templates put on here to use as legal docs to get people to sign away thier rights. Or maybe the the shills for megas and his do gooder lawsuit?
you ever hear this bit o wisdom? Fool me once, shame on you, fool me twice, shame on me?
What I would like to see is a class counter sue for the many things available. Win it. Then have the court award the company shell as damages. That would fix his ass good.
You sure post a lot like jmhollen, mr. plasticonner himself. Real similar style backing real similar types of penny stock ceo's.
What is the process brokers use to verify paper certs when deposited into an account? Say someone brings fake paper certs to a fidelity or an ameritrade office, the office would have a way of checking authenticity before giving the depositer credit. No way any of us brought fake paper certs plus got them through the broker screening. megas has to know that. More reason that if s/h from this list are sued, it is outrageous.
this legal action appears to me to be well-calculated, and i DO agree with posters that don't like being on the defendants list, but once again wish to remind them that only ONE person hits the buy and sell buttons.. take responsibility for your actions and try to be graceful even when times are not the most pleasant... i beleive the Brits call that keeping the "stiff upper lip"...
Too funny...."try to be graceful". Try to be graceful when someone is bending you over and screwing you raw, huh. Thats what you do? Take it like a brit? LOL.
So one takes on legal risk alongside financial risk now in buying securities through a nasd brokerage firm? What happened to limit of risk in stock investment to the amount invested? Megas believes its small investors who bear this risk? So he sues them, knowing they are small investors, innocent, who bought through brokers? More BS from a koolaid drinker imo.
I expect eventually to be a shareholder with the RIGHT to trade my shares...and no matter how many get canceled? i have an electronic IOU in my brokerage account that sates i will get my shares... eventually...
Never going to happen imo. You think he did this so you could have shares and eventually trade them? Even after getting the suit, presumably reading it, reading all these posts on here, and talking to an attorney? IMO either the shares are forfeited to get one released from the suit or the suit is dismissed for the piece of frivolous garbage that it is. Then, guess what, the stock still can't trade. Either way, one is screwed.
What if the case is not dismissed and one wants to keep his shares? Then you need an attorney to prepare for a long, expensive court fight.
Why wait almost 2 years & bring this fully reporting & now screw over the share holders ?
Possible answers:
a. The money ($60+ Million in penalties requested)
b. He's crazy
c. He now wants the slate cleaned of retail s/h.
d. a and c
e. all the above
twist the words anyway you fell free too all-in-all this will play out.It just depends which side of the fence you are on...
Uh, unless you are megas, we are all on the same side of the fence. The ones getting sued. What's to twist? Of course, over on this side of the fence there are a bunch of people who like it cause they believe in Santa and some who think it sucks.
I believe in exchange for what you think you are going to get, you will have to forfeit your precious BCIT stock. OR be prepared to go the long fight.
The more I learn the more I believe Megas did this to have leverage to get us to void shares. I arrive at this opinion from some of what I hear back from the plaintiff attorney. One purpose of the suit then is to get the stock voided. What I still am pissed about is why the f... sue everyone when a damn R/S would have done the trick?
A lot of stockholders in business, finance and government are going to find out sooner or later how this crap will impact them, what megas did to them, by naming them in a suit for securities /mail fraud. Even though he names you, he has no specific cause to do it, he just does it. Your friend megas.
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