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I know..but, sadly, when it comes to the SEC/DTC/Stock Market, principals are about as good as fake certs they're printed on :)
I'm right with you. I want ALL of it, INCLUDING everything Megas has done, to be made completely public. Bring on the Grand Jury.
If basic maths dictates that it would take n infinitessimal fraction of the cost of "fighting" to simply go and start several new shells, I really don't understand why anyone expects Megas to give an ant's piss about this broken shell.
ABSOLUTLY. That's the question that has bugged me the most.
yup..the month of September is almost over. So much for 'nothing will happen in August". Same old stuff, it seems. Damnit.
while I agree in principle, I disagree in the end result. POLITICS is involved. And pissing Burns off (even tho he said he didn't take it personally), assuredly put the importance of 'helping' Megas into the bottom of a very large pile of stuff he needs to do.
the implied assumptions from his email is that Megas has been told what he has to do, and Megas refuses to do it.
We can argue the 'legalities' till we're blue in the face. The FACT is that the DTC/Burns, etc not only own the ball, they own the stadium and the franchise. Megas is the waterboy TRYING to get someone to listen to him, and NOBODY is complety sure his locker doesn't have some spiders in it.
I think Megas has burned his bridges. Burns' reply speaks volumes. If there was ANY sympany on Megas' behalf, it was completely destroyed by the childish and unprofessional email. This thing is more than dead.
does it cost $10k to file a list of officers?? Seems like that should have been done long ago.
nice website update.
:)))
hadn't seen that. wow. I love that stuff. I'm totally over American Idol..Much rather watch BGT or AGT or X Factor.
I wonder if she knows how to pronounce "Nuclear"
:)
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stunning how many people did NOT seek appropriate financial guidance. Seems kinda obvious. I can see the one common thread tho...not being able to say 'no' to family/friends, etc..
I'd sure love to give it a try :)
since my last reply to you was deleted..I'll make this one less complicated.
There are no 'objectives'
There is no fabrication. My only comparison was in regards to SOX and NSS.. I never mentioned fake shares.
The only thing telling about my comments is that I have a free thinking mind that is will to explore many facets of extrapolating a theory.
noted for further research
I take that as a public threat to my personal privacy and security.
clever, uhm. no. Desperate, yes. The big difference is that Overstock is a major company, with millions in revenues, and significantly more 'investors' trading the stock every day. BCIT is an empty shell.
i do like to let my mind wander a bit, though..and think..hmmmm..IF Byrne had sued OSTK investors, and that list of defendants was made public...like BCIT...who would have been on it?? Maybe Byrne SHOULD do it. It would garner a hell of a lot more publicity towards the NSS situation than BCIT is. Of course..it would put his company out of business and the stock price would be .0001 in a matter of days...and..then the shorters win...
Bryne has always been extremely vocal about the NSS stuff. Ya'd think he would WANT to have an exact #...now that really makes me wonder WHY Megas was asked/told to sue, and Bryne hasn't (or was asked to and he gave the appropriate 'are you f'n nuts?' response to his attorney)...
the real question...has Overstock ever sued their shareholders to find out what their NSS position is?
:)) All is fine.. my old dog is 15 now. Bless his little heart :)
hey you!!! Just checkin' in to see what this little piggy is up to :)
absolutely 100% CORRECT in your summation.
Follow the rules......and then ask for the rules to be enforced. Pretty simple.
EXACTLY!!! Even if THEY don't follow the rule.. The company MUST. No excuse.
sheeesh...gues they learned that toxic financing/RS crap well. What a pos.
exactly. It's hard to imagine this EVER trading. To me..the best we can hope for is a full refund of moneys originally spent. Hell.. I'd be fine with that.
already did. Will let you know if I get a response.
What assurances does our CEO have that Energy Source will be allowed to trade?? Thats ALL TM is looking for. Guarentees from someone who will not renige on said promises.
absolutly no assurances. And if it's just a 'cut and paste', it shouldn't cost $80k. But without the filings, he has no ammo.
exactly. If he was even THINKING about trying to help, getting a nasty email like that certainly will make him rethink getting involved.
What sucks the most is that the CONTENT of the email is more than valid. How it was presented wasn't.
Thanks for pointing out my lack of clarity. My statement is indeed an opinion. It's obviously LEGAL to trade without filings..My opinion (and its a principle I've always used to trade), is that if a company can't file basic financial statements, they shouldn't be allowed to sell stock. For the most part, I almost never took a position if filings weren't up to date..YES..I have done my share of 'gambling' types of trading (I really can't call it 'investing').
Simplistic POV of mine :)
I hope you're right.
actually..many of us are quite successful at running our own companies...albeit, non-public.
He has Once,,, and the DTC still said NO,, Now I believe he is waiting for the appropriate to do so.
The appropriate time to do so is when they are due.
"Any assistance that the Committee could provide regarding the removal of the “Global Lock” on BCIT is rendered moot when the company is not up to date with their filings"
EXACTLY. I do not give a rats ass if a zillion OTHER companies trade every day while being non-compliant..Of course it's wrong, and it's the way the system is. But BCIT _IS_ different. People can argue til their blue in the face about that point..,but, plain and simple..WITHOUT the filings, it just gives unnecessary ammo for DTC/SEC/whoever to simply say 'your filings aren't up to date..you can't trade". REGARDLESS of the real facts.
I hope he DOES file. And also sends a follow up apology letter for letting his emotions get the best of him. OF COURSE he's pissed about the situation and run around..but, ya know..the phrase 'never let them see you sweat' EVEN after 4 years of circle jerks, should apply. I really feel that all the hard work that you and others have done on the website, grass-roots, etc..has just been thrown away. Just my .02.
EXACTLY. The message most certainly could have been delivered WITHOUT the insults.
Frankly..I'm STUNNED that his attornies let him send that email... Anyone want to place a bet that Megas sends a 'we have a new attorney' email in the next few weeks?
BAD move on his parts. Ya catch more flies with honey, blah blah. The CONTENT of the email is very valid. The execution was that of a cranky teenager, and it will be treated as such. NOT the way to gain favors.
I agree Janis..any hope Megas had of getting the SFC or any other politician involved has been thrown out the window by that insulting email. Like it or not..you HAVE to play politics and play nice, even with your enemies. That email will put BCIT on that persons Bottom Of The Pile for a very long time.
I really don't think that calling the people who MAY be able to help you 'ignorant' is of any value. And, like it or not, the powers that be WILL focus on the 'you haven't filed' bullshit. Megas MUST file so they have NOTHING to hold against him.
ugh..DOMS...ugh.
all the more reason why Megas SHOULD file, JUST to say to Burns, et. all "hey..look, I've done more than I legally have to..what's the holdup?"