Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
That would open the proverbial floodgates
You got me thinking about some blokes who opened some flood gates.
The doubters said it could not be done.
The enemy never thought anyone would try.
"There it is boys ....a bit aggressive aren't they?"
"Its big, do you you really think we can break that?"
They did
2late - Who Dares Wins.
You have done so much for this fight.
You don't need inspiration, you are an inspiration.
CH is not for sale & has not been sold.
End of story.
BCIT - WHO DARES WINS
Just a quick hello to all you loyal BCITers.
Got my ass in the sand and my feet in the water life is being goood to us oh yeah.
Dont staret sending me witty come backs because I am too busy with real stuff to be banding words on here BUT just dippen my toe in de water cos some peeps said we was dead or in prison (sorry Harry K) but neither are true and we are very much alive and kicking.
When we get together down in Las Vegas lets make a weekend of it.
Adios amigos
FUNNIEST POST OF ALL TIME
The SEC is in charge, and that isn't gonna change.
Presumably this is the same SEC who admitted under cross examination in a US court of law that they cannot and do not enforce their MANDATORY regulations.
HAHAHAHAHAHA Janice I love you.
You cannot fight court battles without evidence.
The most basic evidence is statements from the victims.
If people dont want to get involved and provide a statement to help fight their case then that is fine with us, we will continue to work with the ones who do.
However it is just not fair or practical to waste resources on people who for whatever reason do not want to help themselves and who seem to think that this crock of shit will magically sort itself out without them having to do anything apart from moan here.
Its not complicated.
You wish.
In View of the content of recent posts here we will not be communicating via this forum for the foreseeable future.
Genuine investors will be updated via the normal channels.
On what, exactly, do you base it?
If you have to ask that then you really should not be here.
Yes. This has been an ongoing for a few weeks now.
Not more ancient history please.
It was a court case which resulted in judgement six years ago.
All very interesting at the time, but not relevant to the investors here today.
There are court cases looming in the not too distant future which will be far more relevant and interesting.
Enough of the Mindless speculation about the Darbie Settlement and the certs.
We have let this speculation run to see just what tosh would get spewed up and boy has it been a hoot. Talk about LOB.
The Judgement is specific about where those certs were to go.
The original restricted cert issued in October 2005 to Darbie remains intact. The two issues to national Financial Services and Fist Clearing are not.
A very nice lady at DTCC explained some of the rules by which DTCC accept and exchange certs. Court Judgements is one of them and a frozen letter is another.
Oh and by the way these certs will all be coming back to the TA for exchange very soon.
Viva las Vegas!
The lawsuit against Darbie and Capital Growth was settled LONG after Thompson was out of the picture.
No it wasnt.
Thompson was well in the picture in August 2005.
The Darbie case was January 2006. Five months is hardly a LONG time
What's more, Thompson and pino didn't get weighed off until 2008.
DTCC wasn't a party to the settlement agreement, and therefore was not bound by it.
Oh so the DTCC can ignore a court ruling.
A picture speaks a thousand words.
As an art historian I am sure JS will appreciate the beauty of this masterpiece.
The brokers were intent on what they were doing
Agreed
Fact: The Total Volume Traded in 2005: 2,076,500,035.
Fact: The daily Average traded was: 24,429,412
Fact: The float was only 1,097,632
The OK court case is really irrelevant.
It is a fact that brokers sold millions of shares to their customers at a time when the total public float was 1,097,632 and DTCC only had 645,806 shares.
It is a fact that at the material time of these trades the brokers were not able to obtain and deliver the shares they sold to their customers.
It is a fact that despite this the brokers didn't break the trades during the T+3 period and continued to trade huge volumes regardless.
The difference is that our brokers DON'T HAVE OUR FREAKING CERTS!
No they dont, as you said, cant shred what they never had!
Youns may not even be working on BCIT anymore.
She was yesterday.
However you do make a good point in that she has other cases other than BCIT, although, in view of the number of people involved and the scale of NSS involved in the BCIT case, the other cases are not likely to be as big.
it's called PREM and it pertains to worthless securities
PERM is DTCC programmes that elates to non-transferable paper certificates.
Non-transferable certificates are those for which the service of a transfer agent is no longer available. You may have noticed that BCIT has a transfer agent called Empire Stock Transfer.
It is still a prohibited action under FINRA regs for a broker to remove shares from a clients account without their prior permission.
That is why FINRA have forced brokers to restore shares to the accounts of several BCIT investors.
Next
It is Funny because you are wrong.
Not the same thing at all.
Read the case info.
Brokerages remove worthless stock from accounts periodically.
Certain types of conduct in the securities industry are prohibited, including the following:
Removing funds or securities from a customer's account without the customer's prior authorization.
http://www.finra.org/Investors/ProtectYourself/BeforeYouInvest/ProhibitedConduct/
Broadridge says: "There is no OBO list".
Really? just like a senior Compliance officer at TDA said there was no short despite their having sold 117 times as many shares as was available.
Oh yes of course how silly of me then it must be true.
Like Mary Shapiro saying in a letter to a senator that PINO could not be found when he was in Prison.
Knock it off we have heard it all before.
First time the SEC have been any use in this case at all.
We still have not got over having to tell the SEC where PINO was and where he had his assets.
After 1,294 posts on CMKX board you decide to start posting here, today why?
Because they know they are on their last legs.
SEC says the name change never happened
DTCC has not processed BCIT’s June 2008 reverse stock split and name change, in part because the Financial Industry Regulatory Authority (FINRA) has not recognized that corporate action.
I hope that the information I have provided is helpful. Please contact me at (202) 551-6331 if I can provide further information.
Sincerely,
Robert Greene
Attorney
Office of Investor Education and Advocacy
U.S. Securities and Exchange Commission
(800) 732-0330
FINRA has no part in BCIT stock
To avoid creating even more victims
Run that by me again.
How can shafting the victims avoid making more victims.
I have spoken to two brokers today.
Very friendly and charming, but they just cannot see beyond the end of their noses.
One of them could sort their position out for about $150, but they are so tight fisted they wont do it.
Penny wise and pound foolish as we say this side of the pond.
Ah well can't say we did not warn them.
How can "they" lose when it is their game, and "they" make the rules?
Easy. It is not their game and it is BCIT and the investors making the running.
Keep up carrot, you are starting to show your ignorance.
It is a credit to you all, that after this length of time there are so many still ready to stand up and be counted.
The response to Mondays email has been staggering and those responses are about to cause the other side some serious problems.
Public memory is short although not as short as the brokers.
In the words of Dr Sheldon Cooper "Bazinga"
Not as big as a broker writing in September 2005 to a client and saying there was no naked short. This is despite his firm having sold 117 times the public float.
Fraud not breach if contract.
That is correct which is why Broadridge were doing the mail shot.
Why are the authorities so hell bent on shafting the victims on this case not the villains.
They got the Investors sued and then tried to revoke the company that was the victim of an identity theft and fraud.
Time to stand up, time to fight!
Magnificent response to yesterdays request you have no idea what that will do to help the cause.
Keep Them coming.
Thank you.