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How much of a tax break for four years?? LOL
And let us please not hassle them over this PR and try to rub it in their faces.This has backfired so many times I lost count!!
We can act nice at least until we are trading,LOL.
Yes, I have repeated that a few times here. It will the "1500" against the Broker houses.
I think we are holding all of the aces for this card game we will be playing when the time comes!!
Are speaking about the DTC? Yes they make up their own rules.
Yes our little stock brings out the all walks of life when we get some needed attention,lol.
Just see who has popped out just today.
You said bits and pieces,lol!!!
More boulders and 5000 piece lego kits trying to describe BCIT info out there.
Worthless share form for their BCIT stock would be a great Christmas gift for some this year,lol.
Might be some news around here in a couple weeks is the latest rumor.
Which some here are very good at letting us know how our CEO of BCIT is a big meanie,lol.
Wow , such a minuscule guess for a great company that has that much just in about 180 to 200
BCIT shareholders.
Good thing is, we are in the home stretch.I think we are with in weeks of trading if not a couple months.
And you have talked to all SFC people that work there,LOL!!!
I prefer the laws the be enforced and have them buy our shares in open market for us!
No buying and selling of BCIT just enforce the rules and laws.
They will just manipulate the prices scaring everyone out of their shares.
no you can't.
have a great day!
Please show us this valuable info that Mr.Megas was not told to sue us by the higher powers in the stock trading life?
Of course you can't but doesn't hurt to ask.
Thanks for the anticipating info for next week!!
The red flags are everywhere with them, but like any other clearing company and brokers some stuff just stays under the radar until someone like Mr.Megas catches them red handed.
From a friend:
Posted by: janice shell Date: Saturday, July 18, 2009 10:46:59 PM
In reply to: camper9 who wrote msg# 119828 Post # of 123147
How many shares do you think the MMs might have to actually deliver in order to reconcile 'the market they made' four years ago?
As I said, I think maybe 200 million or so. But none of us has any numbers for that.
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Now she says
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Posted by: janice shell Date: Sunday, September 13, 2009 6:21:51 PM
In reply to: Arkait who wrote msg# 123139 Post # of 123148
"Your case" is anomalous. Far as I can see, BCIT was never shorted naked deliberately. OR illegally.
And I have yet to see ONE stinky pinky prove deliberate naked shorting on a large scale. Sure, there're creeps like Uselton who did short without borrowing. But--if you read the SEC complaint--most of his plays were exchange listed stocks, and he did cover the short positions in question pretty quickly.
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And this Janice Shell says naked shorting is not a problem with penny stocks>>>
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Posted by: janice shell Date: Sunday, September 13, 2009 6:03:11 PM
In reply to: Joda who wrote msg# 123101 Post # of 123148
Huh, funny you used to say the same thing about NSS being non-existent...
Funny you keep saying I said that. I never did. I did say, and maintain, that it's not a big problem with penny stocks.
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BCIT'ers, keep in mind that the BCIT's Authorized share structure was 25 million shares, and Janice claims a 200 million FTD position is not a big problem.
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I am going to forward this to SFC Field Investigator Kyle Burns, and ask is this the people calling your office and trying to shut down this investigation based on this crap? There has been a Federal Crime committed, Abusive Naked Short Selling, and it has been caught on polaroid tape.
I am going to ask Kyle Burns what is an OK amount for the Naked shorting to be a legitimate amount.
Naked shorting is a crime.
Otherwise, let's all print fake 100 Dollar bills on our color copiers and redeem them in the public venue.
A nice little read here from a BCIT long:
Kyle Burns,
Listed below is an email from you, to Mr. Thomas Megas, and it is done with poor educational aspects from your SFC office, and as a shareholder here in BCIT,
I feel you are dropping the ball .
I am amazed that you think BCIT is behind on its filings. Are you aware that pink companies are not required to file with the SEC?
PINK listed companies are not required to file, BUT, if a pink wants to uplist to the OTCbb exchange, then filings are required.
There are thousands of pink listed securities that trade daily that do not file. http://www.pinksheets.com/pink/index.jsp
This is a non-issue since the meat of the issue is the abusive naked shorting that occurred, and the cover-up by the DTC, as later detailed.
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BCIT did attempt to upgrade from the pinks, to the otcbb, by bringing all the filings current, and filing the form 15c211, and the dtc stonewalled bcit
Are you aware of this?
July 2006
July 12, 2006, Thomas Megas issues a press release updating shareholders of recent actions. Company has completed the filing of its Form 10-KSB for the years 2000-2005 inclusive, as well as its Form 10-QSB for the three months ended March 31, 2006. Having completed these report filings, the Company is finally current in its reporting obligations under applicable federal securities laws.
October 2006
The Company files form 15c-211 with NASDAQ and FINRA (f/k/a NASD) for relisting on the OTCBB exchange.
October 23, 2006 the Company is relisted on the OTCBB exchange.
October 27, 2006 Thomas Megas issues a press release announcing the Company’s successful 15c-211 application.
October 30, 2006 Thomas Megas issues a press release announcing ongoing corporate developments, and the hiring of Legacy Trading, Inc. as the Company’s market maker.
November 2006
November 1, 2006 Thomas Megas issues a press release announcing the Company’s issuance of new cusip number 05968X205 to replace former cusip number 05968X106.
November 7, 2006, the Company is delisted from the OTCBB exchange. Due to regulator “clerical errors” regarding the Company’s cusip numbers, the Company’s stock goes unquoted for four consecutive trading days and in violation of SEC Rule 15c-211, gets delisted from the OTCBB exchange.
November 20, 2006, Thomas Megas issues a press release announcing a mandatory certificate exchange.
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As you are aware, the 243 million counterfiet PINO shares were already accounted for >
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<table border=0 width="81%"><tr vAlign=top><td>
January 2006
</TD>
<td>January 11, 2006, the Oklahoma County District Court enters an “Order Approving Settlement Agreement”, which settles the claims between the Company, Mario Pino, his associates and affiliated entities, Capital Growth Financial, L.L.C. and JH Darbie &Co.
In accordance with the settlement, the Company is owed certain sums in respect of the proceeds received through the sale of invalidly issued shares of common stock, and the Company issues 25,025,000 shares of common stock to JH Darbie &Co. and 219,723,000 shares of common stock to Capital Growth Financial, L.L.C. for an aggregate sum of 244,748,000 shares to be deposited with the DTCC in satisfaction of JH Darbie &Co.’s and Capital Growth Financial, L.L.C.’s short positions.</TD></TR></TABLE>
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I spoke to you once on the phone and you used an analogy of someone selling a automobile improperly titled. That does not apply here. The market makers sold us an approximate 550 million additional
shares over and above the Pino shares, and over and above the original BCIT authorized share structure of 25 million shares, What if the dealership sells 550 million cars with the same vin #.
As a shareholder base, we want it made clear that we bought shares in the open market through our various brokers whom we have signed contracts with (Rule 15c3-3), and are entitled to either receive good shares or have our money refunded. Four years in limbo land is in violation of statute and unacceptable.
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Don't you understand that abusive naked shorting occured here and the DTC is trying their damnest to cover it up.
I hope you open your eyes and realize that you have in front of you a gift handed on your plate as a Senate Finance Field Investigator. Good Lord, ceo Patrick Byrnes from Overstock has a case equal to this
going before the California Supreme Court in February of 2010, and it cost him probably 8 years and probably 100 million in fees to challenge this corrupt system of naked shorting by encompassed by the DTC.
And here is a link to a letter that Patrick Byrnes sent President Bush, regarding Naked short Selling http://www.highbeam.com/doc/1G1-186788160.html
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I hope the SFC can investigate this BCIT case with open eyes, and understand what is really going on here, the fraud that has occured with abusive naked short selling and the cover up by the DTC.
Lift the global lock and enforce rule 203 (b) (3) http://www.law.uc.edu/CCL/regSHO/rule203.html
Don't you just love the arm chair CEO's on here?
Oh no!! Megas done what? Wrote that email to who?
Well that is it BCIT is done,LOL!!! please just go away and start your own company.
Bull What about our CEO's cell number in there?
A little scary seeing that in there.
So BCIT will never trade? So that means you know that we are going to receive a settlement? How much is it Kruy?And is this person pretty legit in your group that you talk to?Great job on this find, it save a lot of time here bickering back and forth over trading or not.
Three hurdles to jump:
1. Filings up to date
2. Have a T/A
3. 200/1 R/S
T/A, Empire stock... check
Filings up to date... in the pipeline(fingers and toes crossed)
200/1 R/S off the table...check
COME ON FILINGS!!!!
Have you been selected to give us some guidance with BCIT like Sir Charles did with the lawsuit papers?
We don't mind at all, wink wink.
No one set up anything with me when I sold 1000 shares in Dec 21 of 07. or when I bought 900 shares right after that.
Just another arrow in our quill if we go to battle against the scum of the DTC.
Thanks Allezlom!!
To bad you were not around this stock in late Oct 06, you would have seen this happen with no results do to the DTC shutting it down. We do not need the filings up to date until we have written proof we will be given a clean bill of health to trade from the DTC.
In other words, see what it would take to keep our money in their pockets.
You know the private board was produced to have discussions like this to keep things a little more out of the public eye until things can be somewhat finalized. I want the divi to succeed to but needs to be discussed among us in some kind of privacy.There are some that will just try to throw it back in your face and then you will become a little upset and they will get you in trouble, just don't want that to happen.
This kind of discussion needs to be on the private board. you will be left alone over there and not run into any rules violations that are present on the hub.
Let's fire the OMX up and get BCIT/Energy Source up and running!!!
Your not the first to tells us that, but time is still ticking at my house.So we have not ran out of time on BCIT/Energy Source.
It was suppose to happen that is where the problem is.They cannot take your trade money if they cannot produce what they sold you.
The brokers.
Yes, we are aware that we could not trade them, so when that happens your trade is kicked out of the system and you are given your money back.Now it has been four years and they had their chance to make right on that and they did not.So they should go out and buy them back, rules are rules.
I think this was done once... oh yeh in OK.Maybe a new way to flush out the bad certs.
To show proof of shares you must send in a account number, Just throwing out stuff.Not my field of expertise.LOL
You could just do as banks do, use a account number. there are no more than 1500 BCIT holders(less than that now,I think) Simple program is written, you send it in your number is marked off.Just a thought.
So your bashing gets us higher rankings on the hub? Good bashing I guess.