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morumbi sounds more legit than cefaco imo
http://www.marketwatch.com/story/morumbi-raises-proceeds-of-approximately-12-million-through-the-exercise-of-3-million-warrants-2012-04-23
it's called PREM and it pertains to worthless securities
"Once six years have passed and the positions have been moved to DTC via its “position removal” or PREM function, the security is automatically placed on a list of issues that are eligible for destruction. This list is then distributed via an Important Notice to DTC participants, who have three months to review and determine if there is any reason for not destroying the listed certificates".
"It also allows firms to remove the position from their books and records as well as eliminate the security from the statements they send to their customers".
http://www.dtcc.com/news/newsletters/dtcc/2010/mar/saying_goodbye_certificates.php
roflmao....yes indeed there are "unimaginable...dens of thieves" your hero seems to have made the list.
http://www.bougainville-copper.eu/backdoor-players.html
or maybe the real owners made another deal...
The second MOU entered into by Morumbi’s Seven Sisters Mining & Development Ltd subsidiary is
with Baupana Resources Ltd (Landowner Company) covering the Atamo Prospect Area. The Mining &
Development agreement establishes Morumbi as the Development Partner of choice for Baunapa
Resources Ltd and covers an area of approximately 18,000 ha including the Atamo prospect identified by
Prospect Report as an "explosion caldera" that warranted further investigation. Some exploration work,
unauthorized by landowners, was carried out in Atamo prior to 1967 including some preliminary
http://webcache.googleusercontent.com/search?q=cache:iFt5tqJtjx4J:www.morumbi.ca/pdf/MOC%2520PR%2520New%2520MOU%2520Agreements%2520April%252016%25202012.pdf+Baupana+Resources+Ltd.&cd=1&hl=en&ct=clnk&gl=us
so sir thomas is the proud owner of two potential "no brainer" mega-million dollar holdings (cefaco & bcit) yet nobody seems interested in helping develop either of them. this smells bad.
lol...come on just give it a few more weeks. i'm pretty stoked about the scoop from ob.
yeah man...i'd invest everything i have with one of his ventures. did he really graduate from wharton or is that just another megas legend?
i'm guessing the 500 share cert you sent to the brokers didn't get the desired effect? did they send them back?
things seemed to have ebbed a bit here. those "few more weeks" directives wearing a little thin? oh yeah i forgot this one is a game changer...lol
imo the crook part comes into play when regulators look at this situation and decide whether or not to correct it. imho that is why sytner is not an officer in bcit.
this isn't going anywhere. whether it was fair or not this stock is revoked. no one is going to lift a finger (not even a middle one) to address this because it can't be traded. the whole idea that regulators would see the error of their ways and lift the revocation, and global lock is fantasy. maybe if this calamity wasn't rooted in crooks and shady characters it could have gotten some traction.
this current production being presented by the ob players has taken so many turns (phases) i really can't blame anyone for being confused. imo this is just improvised crappola. why in the world would a legitimate "company" send free stock to a brokerage to prove they exist?
bottom line...bcit is revoked no matter how many times ch posts to the contrary, so all this cusip, nss, evil brokers diversion doesn't mean squat anyway.
if bcit ever does produce up dated filings, would they have to state what the money raised by the "legal fund" and the recent sale of stock was used for?
just curious, since you claim that filings are up to date and the sec won't cooperate, have you tried to approach the sfc again. up to date filings was their prerequisite for further help if i'm not mistaken.
i think phase 2 has to start or finish....is this phase 2 or is this still phase 1?
doesn't really matter. dialog is getting pretty thin, and sooner or later folks are going to realize that nothing has changed since you appeared. a few thousand additional posts, several insignificant anomalies in broker responses, and 44 people out some serious cash. this pos is never going to trade. maybe sir thomas can just send each s/h a few gold (pyrite) nuggets as a consolation prize.imo
figured that...eom
nah...ch claims that the dtcc has acknowledged empire as bcit's ta. that's what i'm asking about. i was under the impression that the dtcc will not speak to ch/bcit. if this has changed it would be a stunning turn of events (i'm sure that's not the case) imo.
CarltonH Member Profile CarltonH Member Level
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Monday, March 19, 2012 9:21:25 AM
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DTCC show Empire Stock as the TA
great idea....lump bcit in with cmkx, that will give the sweet smell of legitimacy to your effort. not that pino and sytner being involved give you much of a chance anyway..lol