Really glaszman?

"It's all in the filings, which were up t odate and certified by the SEC several years ago,"

No that`s just not true! I`ve asked flash for proof of that when he said the same thing.
So now I`ll ask you. Can you show in any link or filing where the SEC. says BCIT was cleared, "certified" to trade?
Why would the SEC. do that when they knew the DTCC had placed a global lock, because they believed they were holding fraudulent certs? Do you assume that the SEC. and the DTCC don`t communicate
when they are clearing a company`s filings?

LOL, watch and learn. ;)

"Nope, this is nothing more that a fart in the wind."

" Explain to him that if he does nothng, the SEC
& DTCC will also do nothing."

The SEC will also do nothing? If you really think that is the case, your BCIT surprises are not over yet. I`m sure the DTCC, has washed their hands from this mess after the wanker letter to the SFC, and the refusal to file Financial s at the SEC,`s request.
But I don`t believe for a second that the SEC. is done with this.
The bad boyz are yet to be rounded up! JMHO

Great post as usual mretgnol, thank you.

"All this trite bickering over what happened in the past is
becoming quite tiresome"

Oh, I don`t agree with that for a moment. In my opinion what happened in the past is the only way to find out who was involved in the fraud that took place here. I`m sure T. Megas would love to have everyone forget about the past, and the spotted history of BCIT.
dahbmw, if it is shown that BCIT was involved in the fraud that took place here, you can bet that the powers that be won`t be ignoring the past. All in my opinion of coarse.

I understand that daveXV19, I was being sarcastic in the post you responded to. I do find it interesting that Megas used that $60 Million to bolster the sale of shares, but no one questions that little maneuver.
I was simply poking fun at the comparison of BCIT to a real company. Some like to say that BCIT just has to fill out a form to cancel revocation, because 1 real company went that route! That`s just not going to happen here, for obvious reasons.
Sorry for the confusion.

Yes but T. Megas has a $60 Million Real Estate Business to put into the shell, as soon as he gets it cleaned up!

"and he had a P&L and a multi million dollar business."

"And SCHWAB is still short today"
You sound sure of yourself here, but do you have a link with information, that will back up that statement?
No you don`t. If you do, I would love to see it.
Please don`t post an e-mail to back up your claim. TIA

"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.It is one thing to say such things in an e-mail, but quite a different story to report it in a filing. So op9171787, tell us why you think T. Megas wouldn`t file financial`s for BCIT, as requested by the SEC.?

unreal.

Why would I call? You are trying to compare a real company with one that has yet to make its first dime in 10 years of being a public company.You can`t see the difference? Or you`re hoping others won`t? Your CEO is refusing to file. Is he scared of something?
BCIT is DEAD, REVOKED, as in no longer a public company.
It will not be trading
again! That`s not an opinion, it is a FACT.

Old Spice, while you are attacking those that you deem "odd poster that doesn't have a life" why don`t you show some credibility and answer the question put to you?


"But yet pumpers are always on these boards playing tag team with each other... and a rare few are disclosed promoters???"

BCIT is DEAD, REVOKED, as in no longer a public company.
It will not be trading again! That`s not an opinion, it is a FACT.
Get use to it, nothing is going to change that fact.

"kruy - you are totally wrong. BCIT the company and it's Shareholders were Harmed by the system"

Chas56789, You are chasing a boogie man. Your posting history shows you spend more time posting your views on scam stock than I do!
And I`m after all a "Basher" who loves to shine some light on these scams.
You would be a poor judge of who is totally wrong, when you have yet to be right on any of your picks!
Your average is telling, from where you post. It is also telling that you have yet to question the CEO`s of these scams. According to you it is always the "system" that is wrong.
What are the odds, considering 99% of these penny stock turn out to be insider scams?
Fortress Financial Group (FFGO)
CMKM Diamonds Inc. (fka CMKX)
Hunt Gold Corporation (HGLC)

"transparancy is what Megas has been avoiding"

Exactly, and it is highly suspicious that this discussion form is not questioning his actions.
They like to say if you want to find out what happened, "follow the money". Well in this case, you would have to follow the shares. Megas doesn`t like to deal with his money. Instead he issued Millions upon Millions of shares to his partner SS in lieu of money.
Yet we hear NO discussions about "following the money" or in this case the shares. Does Stewie still have all these Millions of shares? If not then, the mystery stops right there. The next logical question would be.... Where are those shares?
Transparency seems to be avoided not only by Megas, but also his advocates on this board. I don`t understand.
Why are the shareholders outside of his advocates, not asking some tough questions about where in Hades their money went. IMHO

"You really don't know how the system works"

LOL well I know how the bcit system works. So you`re saying that after all the comments made on this board by yourself and others that the SEC. has "cleared bcit for trading", that there never was an 8k or what ever from the company or anything from the SEC. that specifically cleared bcit to trade?
If it was never stated officially, then it was never true! IMO

"SEC doesn't 'approve' trading."

" Company is finally current in its reporting obligations under applicable federal securities
laws."

Ok, but it was stated here that the SEC. had cleared BCIT to trade, BUT the evil DTCC wouldn`t let it trade.
So again, it was stated that BCIT was cleared to trade by the SEC.
Anybody have a link to verify those claims. From the SEC.
I see it in a PR from Megas, but if it was cleared at the time by the SEC. do you have a link for that claim?

Some have repeatedly stated that BCIT had their filings current twice and were cleared to trade by the SEC.
Anybody have a link to verify those claims? Because this does not show anything like what was being claimed?

http://www.sec.gov/litigation/admin/2009/34-60920.pdf


Energy Source is a Nevada shell corporation based in Edmond, Oklahoma. Energy Source’s common stock is quoted under the ticker symbol BCIT on the Pink Sheets operated by Pink OTC Markets Inc., but PinkSheets.com reports no trades since December 21, 2007. The Commission approved a ten-day temporary trading suspension of Energy Source’s (then known as Bancorp International Group, Inc.) common stock on August 30, 2005.
Energy Source has failed to file its last six required periodic reports and is over one year delinquent in its periodic filing obligations. Specifically, it has failed to file any Forms 10-Q for the quarters ended June 30, 2009, March 31, 2009, September 30, 2008, June 30, 2008, and March 31, 2008, or a Form 10-K for the year ended December 31, 2008. Moreover, Energy
Source is a habitual delinquent filer. Over the past ten years, Respondent has filed on time just two of forty-two required periodic filings.
Exchange Act Section 13(a) and the rules promulgated thereunder require issuers of securities registered pursuant to Exchange Act Section 12 to file with the Commission current and accurate information in periodic reports, even if the registration is voluntary under Section 12(g). Specifically, Exchange Act Rule 13a-1 requires issuers to file annual reports, and Exchange Act Rule 13a-13 requires domestic issuers to file quarterly reports.
As a result of the conduct described above, Energy Source has failed to comply with Section 13(a) of the Exchange Act and Rules 13a-1 and 13a-13 thereunder. Considering its delinquencies, it is necessary and appropriate for the protection of investors to revoke the registration of each class of registered securities of Energy Source.
ORDER
IT IS ORDERED THAT, pursuant to Section 12(j) of the Securities Exchange Act of 1934, the registration of each class of registered securities of Energy Source, Inc., is hereby REVOKED.
Robert G. Mahony Administrative Law Judge
2

"Forged certs cannot and should not make their way into the market."

I agree, and in this case I don`t think they did make their way into the market. They are being held by the DTCC according to them. The global Lock was in place because of what didn`t make it into the market. Now the SEC. will have to determine where they originated. Megas could have removed himself or others inside the company from the list, but chose not to. IMO
Don`t you even wonder why?

This is my 3 posts for today. Restrictions you know! hehehehe

" And the SFC, who obviously hangs on every word of the SEC, would not audit the DTCC."

You would ask that the SEC. audit the DTCC, on the word of a Pinksheet CEO? Seriously? With no filings from the company?
WOW, is all I can say.

"Megas has physical proof of securities fraud against all of our brokers and the DTCC. "

Nope that`s not true at all. The DTCC is holding what they believe to be fraudulent certs. Nether the brokers or the DTCC have absolutely anything to do with the issuing of those certs.
Again, Megas had his chance to show the SFC that there was no wrong doing on the part of the company, simply by filing. As we all know, he did not!
Your stories are interesting, but in the end they are just stories. Nothing to do with the truth! JMHO

" I think the SEC timing of the revocation was the last straw for Megas' patience.
the filings were never the issue. Trying to pretend
the filings were the issue, was just another way
to bleed Megas financially. "

I disagree,filings are a necessary part of a level playing field for the public. Megas had ample warning to file and show Financials or the stock wouldn`t be cleared to trade.
You say phantom shares were sold, the DTC seems to agree. They believe they are holding fraudulent certs as they have stated this much.
If Megas had filed, he could have shown he had no involvement with these "fraudulent certs". That would have proved the company had nothing to do with this scam!
Then you would be able to say the system is responsible. The way things are now you have no idea what has taken place here, and Megas appears to like it that way! IMO

OK so you are saying Megas as of today, is broke? He has no money to file?
Yet you tell us that Megas has spent $800.000 of his own money in an attempt to get filings current. So it would be logical to assume that he spent his last $8oo.ooo in doing so, because now "he is broke"????
I think there are some storys being told here, that have nothing to do with the truth.
Make up your mind!

Unreal!

"Megas has no money?"

Well that can`t be right. Art was told by Megas there was 60 MM to go into this shell. When all these questionable shares were been sold! How can that be?

I concur...

"that needs to be addressed"
LOL Well you can bet your bottom buck that it won`t be "addressed" by Megas. imo
Maybe SS will run with the ball for a change, do ya think?
Freedomx, are you posting from the UK?

"We already know why he is not filing..."

"We do?"

No we do not,because as of today, TM has not said one word publicly.
Until he does, everything else is hear say!
IMO

"LOL...filings for BCIT have been current TWICE!"

While filings may have been submitted TWICE, it by no means, mean the filings were acceptable!Did BCIT trade after those two filings? The DTC has stated just recently that they feel they are holding fraudulent certs. If BCIT filed without filing Financial s, the DTC would still be in the dark as to where the shares may have come from. BCIT could have filed 100 times, but without showing the powers that be what they insisted in knowing, the filings were not complete. Global Lock was in place for a reason. IMO

So it is obvious that TM has something to hide from the powers that be.
In not filing, he is looking even guiltier than ever, if that is possible.
Yet we have NO discussions what so ever on holding tommie do little responsible for the mess he made of running his public company into the ground.
It doesn`t look reasonable, while so many have lost their entire "investment" do to his back door deals.
Why is that? IMO

"It only happened if the SEC says it happened."

Well this didn`t happen,
"All the better. Trading will set us free...and punish Sytner and Canacord!..."

Care to voice your opinion on why?

Posted by: mastaflash Date: Wednesday, October 21, 2009 10:23:39 AM
In reply to: mretgnol who wrote msg# 125834 Post # of 127897 [Send a link via email] [Share on Facebook] [Tweet this post]
Now we are getting somewhere. All the better. Trading will set us free...and punish Sytner and Canacord!...assuming your speculation is correct of course...

Stewie, may have sold a ton of what he received, to the stuckholders. Of coarse financial's would have cleared that up. Some wonder why Megas never filed, when the sec. asked. LOL IMO

There sure doesn`t seem to be a shortage of them on I-Hub.

"people who think they can deceive with impunity...."

To be fair to the newbies here bobbybdb, Urban and Megas looked good to you too. Were you right in trusting either? JMO

LOL Sorry I couldn`t respond to your post yesterday. I have been banned from 2 boards, and have a limit of 3 posts per day.
I`m hoping you are wrong about the "SEC allowing this to go on forever".

"That is why those who post the warning signs
for others, should "never" be silenced...as in
banned from a Board unjustly"

This I believe will not change because of the amount of money being made, until I-Hub finds themselves being charged in manipulation of the market. Will this ever happen?
It will in my opinion. Just a matter of time.
Have a great day.

"I bet he's here multiple times."
I`ll bet he`s not alone, not by a long shot.

I can`t see how it would make any difference. He is suggesting stock manipulation, without fear. IMO

"I wonder what other alias he had before Friday?"

It just doesn`t get any more blatant than this.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43642324

Posted by: jaxstocx Date: Tuesday, November 17, 2009 11:10:25 AM
In reply to: None Post # of 11597 [Send a link via email]
SLOW MOVER would also give us time to buy in and pump it on different sites forums. and pennystock chatrooms. could really make killings if everyone dedicated to posting a few pumps right after getting their buy.

Understood, good luck eom.

Because he makes political donations to an corrupt elected official.
God bless America!

"why is LoCastro squeaking by at this point?"