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Thank you CH and Thomas Megas and all "L" BCIT'ers :) eom
With the DTCC only having in inventory 645k share of BCIT, and 1.2 Billion shares sold to the open public
Yes, the damage controllers will be out in this opinion forum, they just have got to watch out for the judge's rulings.
A Press release addresses this, per the Etrade lawyers
http://www.prweb.com/releases/2012/2/prweb9193532.htm
Patrick Mokros President of Empire Stock Transfer Inc.,the Transfer Agents for Bancorp International Group Inc., states that DTCC systems show that the correct Cusip number at the time of the Arbitration was not subject to any chills or locks. A letter dated 4th January confirming that Empire Stock have been the transfer agents since 2007 and that Cede & Co have a total of 645,800 Bancorp shares is attached.
DTCC only possesses 645,000 BCIT shares, all the rest is naked short shares sold
Laws have been broken.
Any chance your opinions are what the Etrade lawyers lost their BCIT case on? Or was it the fact that the DTCC has only 645,000 shares of BCIT to represent 1.2 billion publically sold shares, that the Etrade counsel lost their case on?.
Where did the BCIT sh delivery go, and where did the money go?
Or was it the judge is honest ?
Hope one can answer the above 3 questions against a paycheck honestly.
The court found Etrade to be in breach of their contract for failing to deliver the BCIT securities which the investor purchased in August 2005.
can someone post the link please, tia
Its your BCIT opinion as a shorter, or rep of a shorter, and I respect your opinion, jmho
realwood
Proven DTCC has only 645K shares of BCIT, beg to differ now
If you are a scientist, ???
I would like a re BCIT evaluation please
Nice!!! CH
got approx 175 BCIT posts to read up on
I see harry is nervous.
Tell them the DTCC has only 645k, how many are they shortly owned
OMG
guess you will have a nervous next few weeks regarding BCIT
CH you rock :)))))))))))))))))))))))))
How will this affect all the naked shorted shares the brokerages sold us?
Haven't posted, been working long hours/days.
Explain the BCIT 1.3 Bil FTD's when the DTCC has only 645,000
DTCC has 645,000 and 1.3 BIL BCIT FTD's, rock on, explain
What does POS mean in your post?
DTCC has 645,000 BCIT, is the SEC happy with your post?
1.3 billion shares were sold FTD's, as you know janice shell
Really? You're saying you can top the BCIT 1.3 Billion FTD's when in fact the DTCC has only 645,000, how much time do you need?
yes, when it comes to BCIT, the shorts, and the NSS, ask the DTCC about FTD's
Regarding BCIT, you never mentioned if "yours" are long or short, or nss, but anyways, make sure you blow the dust off Nancy over there.
OT: Bad ass car mastaflash, wow!!!! BCIT ROCKS :)
disagree
Quote:
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What? Press releases are not censored here.
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I thought I answered that for you janice shell, yes they are.
janice shell
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Wednesday, December 14, 2011 10:52:35 PM
Re: hurley cruppers post# 146297
Post # of 146301
Regarding BCIT or not regarding BCIT...So, what if they are censored here on the hub?
Is that legal or not legal?
If I explain that to you, will you be fair and balanced?
net capital requirements would be an entirely separate issue.
explain please.
Where was it in jh darbie? Where is it in the whole 1.3 bil FTD's considering the DTCC has only 645,000 at hand.
That is a one sided statement.
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janice shell
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Wednesday, December 14, 2011 10:16:32 PM
Re: poor broke bloke post# 146290
Post # of 146292
Press releases are supposed to be informative, and intended for the general public.
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Strange Nancy G at SEC can't seem to figure this out on BCIT.
DTC has only 645,000 shares of BCIT, so why is there no criminal prosecution of the market makers or broker dealers?
DTC demanded replacement certificates from NF clearing.
page 3
http://www.let-bcit-trade.com/Files/BCIT%20Settlement%20Agreement.pdf
JH darbie attempted to buy replacement certificates in the open market, 6,668,500 shares (of FTD's)
Maybe scottrade and etrade and ameritrade should be looking to jhdarbie for their backdoor way out through the legal system
I am sure jhdarbie has insurance and market maker sacm
Are you saying foreigners can short otcbb/pinkies through a New York brokerage firm without violating any USA security laws?
http://search.yahoo.com/search;_ylt=Aopq9nH9tV_WHuw2JopuQNWbvZx4?fr=yfp-t-701-s&toggle=1&cop=mss&ei=UTF-8&p=jh%20darbie%20brokerage
American's cannot short OTC/pinkies, what are you talking about????????????????????????????
Did JH Darbie short more than 25 mil shares? Aren't they still short over 6 million shares still in BCIT?
How were they even allowed to short this in the first place, was it legal?
I guess CH can possibly answer if BCIT is now 1,325,000,000 mil shares BCIT FTD's here. Not bad for the mm's/brokers to sell this quantity on a stock with only 25 mil A/S.
Whatever happened to this, in bold below,
http://www.let-bcit-trade.com/Files/BCIT%20Settlement%20Agreement.pdf
January 2006 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.
and btw per this settlement, item 7 says bcit can sell shares.
Really? Brokerage JH Darbie naked shorted 25 mil BCIT shares and paid what, 105k?
The brokers and market makers broke the law, sold 1.3 bil shares, shares they did not own, shares that did not exist, and that is known, considering the DTCC has/had only 645,000.
Definately not Terri Reicher at Finra, how convienantly corrupt.
1.3 Bil BCIT shares sold by mm's/brokers that they did not own.
Better than a John Travolta movie on how the money was stolen.
Cannon boom blast, I would love to see the "other" stocks that got Broker/MM/Manipulated FTD's conviently by these people, hold up, let's concentrate on BCIT.
Well said, CH , note the FINRA statement in bold, SEC/DTCC not candid, AND malfeacious, Most likely terri was on the golf course getting wine'd and dine'd, Let's sue these creeps.
Are you stating "you can't randomly pass out"?