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I bet Truffles law license disappears in 2010.
Wanna bet?
OP.
Sadly, refund is not a consideration unless the company legally proves they were screwed. Legally in the sense they obtain a judgment proving so.
since Megas has ignored us so vehemently, a refund for me is now a consideration. it's pathetic i know
It's linked on the top part of the IHUB CMKX thread.
It's comical yet sadly representative of how sick people can become hoping the CMKX scam could really produce a "diamond".
Hodges is a mess.
If the Squid is one of those represented, Hodges will have to change the lawsuit from a Bivens to a Beavis.
Um, no, it will not.
But one way or the other the crap will hit the fan if shareholders of BCIT are not compensated by then.
It will end up tossed due to the irrational accusations in Hodge's pleading.
Umm no he can't. I can show you the link to what he is in reference to if you want to read it.
LMAO...I hope you are not in reference to that crackpot wingnut Al Hodge's Bivens gobbly gook lawsuit.
It's bad enough one of the lead plantiffs is a con artist attorney and professional penny stock scammer. Throw in some delusional accusations of hidden trust funds, government pooled funds, and the Fed controlled by Mexican midget wrestlers.
All Megas has to do is pick one brokerage and sue them. Force the brokerage to trace shares back from the selling source.
Unless the selling source is someone he does not want to expose.
Regardless of what the bashers try to imply about BCIT. BCIT will be included with several other stocks and the corruption of the system will be exposed for all the world to embrace come Jan 4th if BCIT shareholders are not compensated by then.
The corruption of OUR financial systems will be EXPOSED for all to see if closure for the shareholders and compensation is NOT met by Jan4th.
Can you make that same promise for CSHD, GBDX, and BCIT?
KTHXBYE
Tell me, what does it look like with a Stan Podlofsky bottom and MaryAnne Slowick top?
Answer: two toned turd.
Why would they?
Of course, why would one short a stock with bogus certs, bogus PRs, and no business? Doh
Well, John Edwards has probably made close to $60 Million doing that on PCBM, CMKX, and SGGM alone.
LoCastro was rumored to have sucked nearly $20 Million from PCBM doing that very thing too.
Maybe that's why? Use Reg S loopholes to pass shares from offshore, run up a bogus legal bill and pay yourself in shares to cover any previous sale from offshore. Let the stock get revoked since you cannot legally file for bankruptcy.
Hmmm....sounds like a Lido special to me.
Actually, you just described about couple dozen penny scams with that method. FFGO being the most recent to use bogus PR's, no real business, crappy share issuances to cover previous sales against sham promissory notes held by the insiders.
Did you read the follow up to your original post?
That Overstock has received two settlements is very encouraging. And Overstock is not finished with their law suit
Marc Cohodes, managing general partner at Copper River, noted that his firm settled the suit to avoid costly litigation, asserting that it did not defame Overstock, as the suit had alleged.
Here’s the statement from Cohodes:
“We have said throughout the course of this litigation that we did not defame Overstock, nor were we responsible for the contents of reports written by Gradient Analytics. Nothing has changed - we settled the case in order to end costly and unnecessary litigation. After originally demanding $750 million and then $30 million in so-called damages, Overstock agreed to settle this case for $5 million - the cost of a trial. Although settlement deprives us of the ability to disprove Overstock’s case and prosecute our counterclaims, we decided that the litigation costs did not justify passing up a practical way to end four-and-half years of meritless litigation by Overstock.
I have and will urge the Securities and Exchange Commission and Congress to investigate the damage done to individual investors and the market system as a whole as a result of issuer retaliation - issuers who attack critics rather than attacking the problems on their balance sheets. It is my personal opinion that our country needs more, not fewer, skeptics to turn bright lights on financial shenanigans and company weakness. Only then will we reduce the number of scandals that plague our country every few years.
With the resolution of this lawsuit, Overstock is free to devote itself to responding to their current SEC investigation, its search for an auditor to replace Grant Thornton, the threat by the NASD to delist Overstock, the class action in New York alleging false statements about return policies, and issuing financial statements that do not have to be restated yet again. We hope that those issues are addressed thoroughly and justly.“
I doubt it. Courts have little tolerance for semantics.
As I told you before, the Court will appreciate
Which filing shows Schwab is 60 million short?
Posted by: mastaflash Date: Thursday, December 10, 2009 12:57:08 PM
In reply to: webmoney who wrote msg# 128222
Yet he refused to show that in a filing." -- What? It was
Posted by: webmoney Date: Thursday, December 10, 2009 12:48:18 PM
In reply to: op9171787 who wrote msg# 128219 Post # of 128230
"his mention of Charles Schwab's 60 million short (or thereabouts) was a direct mention of that. he knows."
Yet he refused to show that in a filing.
They're not playing with words. They pointed out exactly what was written. You clearly missed their point.
playing with the words is a sign of great despair
So is twisting a post that was clearly written.
I think Web and Kruy are making a reference to the wording Allez..big difference between "we believe" and "were invalidly issued".
but which we believe were invalidly issued
Managing? He wrote opinion letters for other stocks in the past...
Not counting your favorite.
Sherwood Cook, a former administrator of the Nevada securities division and now a securities lawyer with Kummer Kaempfer Bonner & Renshaw, in November 2004 wrote Santos about JE's stock trading.
"This letter is to advise you that I have reviewed the trading practices of (name deleted) and such practices appear to be in complete compliance with federal and Nevada law," Cook concluded.
Said Santos: "Everything seemed to check out."
hooker funds
Ironic statement in that brief...
Moreover, attorneys may be disciplined under applicable ethical rules for refusing to return unearned fees.
Where's this proof and why did Megas not show that "proof" to Burns?
Megas has physical proof of securities fraud against all of our brokers and the DTCC
You didn't even get Blankenfein's comments correctly.
He said he was doing God's work handing out $16 Billion worth of bonuses because he's claiming that money stimulates the economy, much is donated to non-profits, and the rest ends up back in Washington DC in the form of Federal taxes.
He's a screwball...
No comment on how you were just e-bitchslapped over your Jeffries NSS Fudd moment?
It only took Billy Boy a few years to realize the difference between NSS and ex-clearing sales that had guaranteed delivery.
Stop ruining Jimmy's dream
Hey, someone deleted this on BMCS
Post Date: 12/1/2009 12:32:08 PM in reply to 43053958 by pantherj
Board: BioTech Medics Inc Reason: Off-Topic
Can you repost this for Carmelbeach over on RB?
The attorney for Capital One had no idea about the shammy past, the lies, the pump, and shady PR's
Name :James Brendan Carroll III
Address :501 Elm Street Suite 385
Zip/Postcode :75217
Phone :214-760-7788 X 103
Fax :214-540-1210
Email :James.Carroll123@sbcglobal.net
Offering :Attorneys
http://www.gaebler.com/IRVING++TX-BROCOM+MANAGEMENT+INC-SBA-Loan-Information++802604
Your Globetel stuff is really getting interesting. The former "CEO", Monterosso, basically stole money from TXCS shareholders and wired the funds to Sicilly.
Strike two for Joe.
Where did my post say the shell was exempt from reporting? Especially not this stinky that the SEC requested updated financials from.
Posted by: mretgnol Date: Monday, November 30, 2009 4:05:50 PM
In reply to: allezlOM who wrote msg# 127988 Post # of 128001
You see any licenses for Energy Source? Any office? Any resellers agreements with any known crude oil vendors?
No where did I state that in my post.
Exactly!....shell companies are exempt from duty to file regular reports! Go figure
I've never said Art could not be trusted. Megas on the otherhand, has never come thru with his pipe dreams.
the funny part is where you say neither Megas nor Art can be trusted to tell the truth
I post the email as fact...because fact is...Megas wrote it. Tom clearly claimed he was thinking of merging his hard assets in the form of real estate holdings...and you have repeatedly tried to make excuses for Tom's bogus insinuation.
Ask Tom who actually owned the real estate. Big difference between owner and property manager for the actual owner.
yet you post that e-mail as fact
You see any licenses for Energy Source? Any office? Any resellers agreements with any known crude oil vendors?
You guys are funny...
The only funny part was you said there was no proof and I posted Tom's email to Art.
There is no proof of that? Really?
Art was told by Megas there was 60 MM to go into this shell." -- there is no proof of that. Besides, that was over 4 years ago...and prior to real estate plunge
Read Tom's email to Art in full.
From : Thomas Megas
Sent : Wednesday, July 27, 2005 10:01 AM
To : aphoenix31@hotmail.com
Subject : RE: Bancorp International Group
Thanks for your e mail. My son said you had called earlier but had left no contact number.
It will take a little time to dig out what I have on all the above, my time is at a premium as I hope Adrian explained I am currently operating a business and the BCIT shell was apart from minimum maintenance off my screen until May when this farce surfaced. I am trying not to devote time or money to a situation I am not the author of but I will supply you with what I have, first in summary and then in detail with a later e mail.
Summary
There are only 2 legal officers of BCIT. Myself as CEO and Martin Duffy as secretary.
The current issued share capital (shares printed and out approx 4,780,000(as per edgar) august 2000. A further 24,000,000 were authorized and issued between august 2000 and December 2004. These are not out and are held in custody with the company pending an eventual reverse merger. So effectively there are a maximum of 4,750,000 shares in certificate form.
The press releases, When we initially discovered the bare facts of the fraud we asked Carter Care to issue a retraction, i.e. they had not reversed into us and there was no connection. Instead they issued an announcement as if they were still BCIT. The only announcement I had ever authorized was the announcement around 12th 13th June 2005 that baldy stated that we had not reversed, not issued any new shares, and were possibly considering a deal. That was the only announcement that BCIT ever authorized and had sight of prior to publication. (I wrote it myself) The rest is all ########.
My current resident agent is Catherine Mead. My previous agent had told me sometime in may that my annual filing for the year June 2005/6 had been rejected by secretary of state Nevada because somebody else had put himself on the Board and removed Duffy and I. On learning of this I wrote to the state and informed them that there was a problem and that the file had to be adjusted to show the true position. At the same time I changed resident agents (there was no problem with the previous one) because my previous agent was going on holiday would be away for at least 2 weeks effectively and I did not want to leave the position challenged, this was not done out of a sense of public duty but because I wanted to protect my value in BCIT as I am effectively the largest shareholder in the company.
When the mess revealed itself I asked Mr Stewart Sytner a BCIT shareholder to investigate and work out what had happened. He lives in New York and he came into contact with what appears now to be the core of the offending parties and through him I had some contact with them, though at the time we were not aware of the precise nature of their involvement as they presented themselves as people who had been duped.
Do not know blue sky solutions
do not stephanie soleas
talked to barkev kibarian on 1 occasion
He was introduced to me I think sometime in June as a pr man who would help clear the mess up and he was associated with this mario pino you mention who I have spoken to 3 times who claimed he was duped by a man called carter. He offered with others to buy the shell (June) he wanted to put a gold deal into it )which he offered to me to reverse into). I declined both offers and stated that if I was paid $2,000,000 whether defined as damages or or as the price of the shell ( I did not care which) they could have the mess which I am sure with the benefit of hindsight they are the architects of.
All of the characters whom you mention and that I have had some if only staccato contact with crawled out of the woodwork as a consequence of Mr Sytner`s digging when I started to shout and scream and the end of may/june. and have had no knowledge of their prior existence.
Do not know Randy Saywer.
Could you please elaborate on Pino and MLON as he was introduced to me as one of the wronged parties.
BCIT does not have a current transfer agent, I contacted her myself about 8/10 days ago for 2 reasons. She has the original share register which will confirm my figures as to the 4,750,000 shares authorized and issued, and I wish to reappoint her as transfer agent as soon as I have completed the filings up to date for the company.
As to the possibility of a reversal I am not sure whether in the current climate it is possible. I explained to (xxxx Treespeople) that last November I had decided to bring all the filings and other matters up to date as I was looking to reverse in my own business here in Europe into it (my operation now has about 50,000,000 euros in hard assets, mainly property in city centre) and for that purpose I sent $25,000 to steven feldman an accountant to commence the work to bring the filings up to date. This was at the beginning of the year. Everything was going well until feldman informed me of this problem in may.
Will forward detailed stuff asap, I still unfortunately still have to work for a living.
Thomas Megas
Funny how those two people were mysteriously tagged and bagged yet Megas has no ability to identify who else sold shares?
Ironic.
Not silly at all, nor was it a silly accusation on numerous other pennys where insiders were exposed years after the fact.
Megas does not need to issue more shares to release a global lock, only obtain legal judgments showing individual brokerages did not enforce the Customer Protection Rule.
Once again Mastaflash, follow the rules and then ask for the rules to be enforced.
Stews been aweful quiet about this lately..
I think what Web was saying was that excessive share sales before the halt may have been Stew and his friends. The sham lawsuit was an excuse to wring up a debt, which mysteriously was paid with shares and not cash.
Shares that could have been used to cover previous sales from offshore. No 144 rule if you backdate and get away with doing so.
Web's seen this before with both LoCastro and Rufus Paul.
You're in this festivus miracle too?
LMAO
You do realize before any recovered funds are disbursed, a judge will make a decision as to who and how money will be disbursed?
No one in Tyler will see a penny of the SEC's funds.
No one.
Call Stew and ask him for 20 grand. Afterall, he's going to be a kajillionaire from this.
Pocket change for one of the largest BCIT shareholders.
Don't forget to add the money he and his buddy Woods scammmed on a bogus condo project in Myrtle Beach.
http://www.davidwren.com/31301/index.html
What evidence has Megas presented and to whom did he present that evidence? He never once sued any additional brokerages, has no legal judgments proving NSS, mysteriously stopped filing financials which would publicly prove this was not an inside job.
File your financials, get a real T/A to announce a formal failure to deliver, get a real MM unlike Legacy, and use Burns....
Unless you have something to hide.....
Megas has seen that first hand with all evidence presented and has seen nothing by the market regulators to correct anything
A better question would be where did Megas get $800k for fees when he mysteriously could not pay Stew's money back and had to pay him with tens-of-millions of dollars in stock based upon the last closing trade.
Lets see those audited financials with Tom's signature...
So, you have no actual accomplishment of Tom's to represent your original statement?
as I do not know a man who fails that can reportedly go around the world
Good post.
Megas could walk into any major law firm and they would take this case in a heartbeat if Megas had proof.
Amazing how Patrick Byrne can be vocal and throw verbal bombs in public and Megas can only send an email here and there.
Turn2?
Can you list his previous successes?
and a successful business man