Took the words right out of my mouth, thank you for agreeing...I've stated over and over for shareholers to CALL FOR THEMSELVES!!!
BTW..you failed to answer...which brokerages and who did you talk to....so people can CALL FOR THEMSELVES!!

Which brokerages told you that and who at those brokerages could one contact to verify that they were the person that asserted a stock under global lock is transferable?

mastaflash Share Monday, June 27, 2011 3:53:49 PM
Re: lakers17 post# 136115 Post # of 136123

I did not check with my broker, as I don't need too.

Actually I wish you were right..but tell us..how would one transfer shares under global lock such as BCIT?

What is it that you would transfer?

The more I think about this I'm amazed people are actually debating this.

Mastaflash as well told me differently and checked as well.

Appears he told you wrong for whatever reason.

You're with TDA, double check for yourself. Tell the representative who takes your call the situation with BCIT and they will transfer you to the Restricted stock/Safekeeping Dept.

Did you actually speak to TDA or just take someones word? The guy I talked to said he can't imagine any TDA rep stating that a stock with a global lock could be transfered in any way..unless the rep did not know the stock was under a global lock.

Then take it up with them if that's what you believe...why havn't you?

I'd be more concerned with who dumped hundreds of millions of "issued" shares in '05 that TM took responsility for, but hey...don't wanna mention that, huh?

have a good day, gotta go.

HUH?? lol...from what????..call them or whoever your broker is yourself about BCIT..why do you need me to call them for you??

later

Call them yourself with your concerns, let us know what they tell you.

Have good day.

Just spoke with "Charles" at TDA in the Restricted Stock/Safekeeping Dept and he stated BCIT or any stock with a global lock cannot be transfered in any way including "gifting".
He said I can go ahead and quote him as saying that whoever gave you the information that a stock with a global lock can be gifted is incorrect.

I guess the point is moot as you stated you are unwilling to proceed with your situation but anyone being contacted with such an offer should be advised accordingly.

From the brokers perspective you are gifting, so your reportable tax is tech. zero. It would be up to you to be honest and report any gain from the transaction outside of that and at that point would no longer be a gift. I just don't think any broker will allow the transfer, because they are locked. What are they going to transfer? They can't transfer anything, and the receiving broker can't recieve anything. That's what I've been told anyway by TDA, but I'll double check. I'm more interested in seeing if this actually goes thru. I'm sure a lot of people here would like to "gift" shares if that were the case.

As far as getting paid, outside of name and where to send, what would they need? I guess I don't know enough about who's demanding what in your situation.

If this were me... One or the other could send the other a notorized sales agreement with contingency on delivery of shares and receipt of funds. I just don't think TDA will allow it, I think whoever you talked to at TDA may not realize the entire situation with BCIT and gave you generic info, which simply would not apply to BCIT.

Lakers, What info would they need other than who and where to send the funds? I've gifted other stocks before,and if I recall correctly the only info needed as the gifter was regarding the account of the person being gifted to...the person being gifted to needs NO info whatsoever...and this was via TDA also.

What am I missing here?

I just reviewed my notes and correspondance in regards the transferance of BCIT shares a few years ago with the guy who wanted to buy shares.
The guy that said he wanted my BCIT shares communicated to me that he had set up an arrangement with TDA to transfer shares and supplied a contact name and number with TDA, to arrange the transfer and supply information via a 3 way call. I thought this strange as TDA has all my info..so I contacted TDA and they looked into it and communicated that the contact info name was false and did not exist. The person mentioned as a contact did not nor ever did work for TDA and the phone # did not belong nor did it ever belong to TDA. They also stated it would not be possible to transfer the shares anyway because of their status. This among some other disturbing and conflicting info started the internal investigation by TDA security which advised terminating any contact with this individual.

You may be right as far as the gifting, but I'm not sure how considering the status of the shares, as I was told they were not transferable in any circumstance because of their status, and gifting is a transfer..and that was before revocation, so I would think it would be even harder now.

I'll give them a call this week as I'm curious, despite the fact that it's moot.

That's news to me if TDA would allow these(BCIT shares) to be gifted considering their status...but then again I didn't pursue it much further after the guy wanting the shares started requesting personal info such as SS# etc..the situation even generated a letter from TDA security warning me that to them it looked like nothing more than a "phishing" ploy...which makes sense as I don't know why anyone in their right mind would want to pay anything for these worthless shares.

I have figured out a lot that I'm keeping to myself...but it is all there. The clues are there.

Why don't you just ask Megas who dumped the "issued" shares in '05 and you can skip trying to figure out the clues and know for a fact why BCIT will never trade.

I tried that several years ago and TDA won't do it. Some guy here claimed he wanted to buy my worthless shares and I agreed to sell/transfer them for the price of .009 per share(which is about my cost average) if he could arrange it. TDA would not allow it, and that was before revocation.
One word of advice..don't allow or sign power of atty to someone else, or give out personal info to someone claiming they can arrange a transfer. Major red flags.

Odds of BCIT ever trading are zero...what's the odds on the lottery?

What does his house and car have to do with who dumped shares of BCIT??

Plenty of people have bilked others and have nothing to show for it...what does Pino drive??

Stewie was an insider and associate of Megas...ask Megas if don't believe that...

...and while you're at it..ask him who "issued" the shares that were dumped in '05.

He did not refuse to bring into compliance...you just made that up.

Maybe you forgot this is revoked because Megas refused to bring BCIT into compliance...and still refuses regardless of the excuses made on his behalf.

Alan, brokers by themselves cannot sell you anything,...they "broker" between you and the seller..that's why they are called brokers...and none of them "issued" BCIT shares as some have suggested.

Wrong as can be...Brokers by themselves don't sell shares much less "issue" shares...and "issued" shares no matter how they are issued cannot be NSS..ever...and whoever issued those shares is why this will never trade..ever.

Ask TM who issued the shares that some claim are NSS but TM stated were actually issued...he knows..once you find out you'll understand why this is "game over"..for good.

Well, considering among other things TM has and still associates with shyster Stewie as well as other proven scam artists..the fact he has a perplexing history of allowing his shells to be hijacked..er so he claims..the fact he sued shareholders for bogus claims..has lied in his pr's either directly or indirectly thru his associates,.. and last but certainly not least the FACT that he admitted ALL those shares some claim are NSS were actually ISSUED...seems to make choice number 2) about as close to 100% as one can imagine. oh..and the fact that anybody that has investigated this backs the DTCC might be a concern too..but hey, what do they know.

2) Illegal sales of unauthorized and unregistered shares by insiders, including TM.

Still waiting for that link, kruy.

Well pardon me for not snapping to...and No..I don't have a link nor time to give you one...what I was going on was reasoning of the fact that penny stocks are non marginable securities...which if I recall correct..non marginable securities are not elligible...are you disputing that? If so, maybe you can provide a link.

Either way... the point was it's irrelevant anyway.."ISSUED" shares cannot be NSS in any universe..and ISSUED shares is what TM states were dumped per his filings and took responsibility for by covering them..there's just no way around that.

Nobody "denies" the possibility of NSS for certain legitimate stocks..but the subject here is BCIT..and there is no NSS here...only ISSUED shares per Megas's filings...which as you know..can't possibly be NSS in any realm or stretch of imagination...nor was the stock borrow program manipulated...as it is not allowed with penny stocks..got it?

To believe NSS exists in the face of overwhelming evidence to the contrary with BCIT is like believing Harold Camping and thinking the rapture will happen...again and again...and again...

have a good day.

Let's not forget one little FACT that is consistantly glossed over in regards BCIT.. issues trading at less than one dollar are not eligible for the stock borrow program.

This makes that entire issue irrelevant to BCIT, and again..puts the spotlight back on insider activities during the dumping of "issued" shares back in '05...because the FACT is, ISSUED shares cannot be NSS.

Once again..."ISSUED" shares cannot be NSS..it is impossible...and per filings (which is the only thing that counts) TM took responsibility for those shares. The SEC as well as the SFC among others investigated this scam and concured with the DTCC..and NOBODY that has investigated this sides with the NSS claim..NOBODY! The only thing in quesiton is what were certain insiders up to with "certs" during the time period of the dump..and as you can see, our CEO would rather "wanker" off.

..and in case you missed it...full disclosures of trading records of shareholders were already made...the only disclosures NOT made were on TM's side when he was hit with discovery from those that responded correctly..after which he immediately dismissed the lawsuit.

You mean the shares Megas said in his filings were "issued"...and then covered.
It's impossible for "issued" shares to be NSS...how many times do we need to go over this every year? We were pump n dumped...that's it.

BTW..do you know what BCIT insiders were up to during the dump?..because somebody dumped "issued" shares...and Megas took responsibility for them....shouldn't take 6 years to figure out...but considering some believe that brokers "sold us shares"...it's not surprising.

..and considering the SEC and SFC investigated this and concurs with the DTCC pretty much says it all...because if any inkling of wrongdoing or NSS was uncovered the DOJ would be all over this as well as every lawyer in the country wanting a contingency case...but they are not...and never will...in fact..as I said..they concur with the DTCC..and that concurance is based on FACTS.

'nuff said?

Brokers don't sell shares....but don't feel bad..Megas didn't know that either when he wrote that ignorant letter to Bunge...if he actually wrote the letter..but to be honest, even I don't think he's that stupid....but then again...

There are some brokers that are also MM's, but it is still considered two different "hats".. but a broker/brokerage by itself..does not buy/sell shares..that's why they are called "brokers".

Thanks for listening.

Ya'all seem to forget..the filings ARE NOT up to date..so past filings DON'T MATTER, not for BCIT or any other stock...and the DTCC did not "reneg" on anything...otherwise the SEC as a government agency would have been obligated to refer to it as a factual occurance and made it public knowledge, and the SEC as well as the DTCC would have divulged that info to the SFC during their investigation. It does not exist other than a reference from the Megas camp..and even that was vague.

The SEC has never stated "otherwise", or denied, which is what you inferred... and you must have forgotten that there is an ongoing investigation?....and as far as asking if this would trade "if filing's were up to date" is moot...they are not, and there is a reason they are not and why TM would rather not file and instead reside outside of jurisdiction..and I'll got out on a limb with a "hunch" from my own investigation that no, it would not be reinstated...not ever...and let's not forget there is more to the process than simply filing. I believe the process has been posted here before so you may want to review to inform yourself.

The revocation is permanent.

You're kidding right? EVERYTHING that has happened with BCIT is a result of what happened in '05...and yes, PUMP N DUMP..read the filings. Megas says all those shares some claim are NSS are actually "ISSUED" shares, and this occured and coincided directly with the PUMP going on in '05...did you somehow miss that?

The only thing shareholders need to realize is "what were insiders up to during the pump n dump in '05"..and once that sinks in all these fantasies will vanish.

The revocation is permanent.

It's not "glossed over"..it's simply not a fact in regards BCIT nor within the realm of reality for BCIT.

That is amazing..considering brokers don't nor can't sell shares..and after 6 years of this BCIT scam, it's not even funny that fact is overlooked.

There's as much chance that BCIT will be "resurrected" as there is that the rapture will happen (again) on Oct 21...but hey, some believe it.

Have a good day

That's completely backwards.

If it weren't for the constant false/unsubstantiated ploys and claims which leads to common sense rebuttals, BCIT would have nothing to speak of.

Here's a partial list of "topics" over the years:

Promises of merging assets, which have proven untrue.
Unproven NSS claims, (facts point toward dumping of "issued" shares)
Bogus lawsuit against shareholders
Bogus conspiracy theories against every person, politician and agency/entity in the world against BCIT.
Effort to sway lawmakers with unsubstantiated claims.
Solicitation of shareholders.
Bogus PR's, some retracted as "unauthorized", others simply untrue.
Backroom shenanigans promising certain shareholders ahem.. "rewards for loyalty".
Unsubstantiated unproven mining claims
**

This is a partial list of topics that constantly "occupy" this board in regards BCIT, but to suggest that factual rebuttals of these antics proves that BCIT is not dead... is not reality.

Wrong. The solicitation is an open letter that is still open and was distributed via U.S Postal system and internet..so solicitations are current until rescinded, and Megas has his signature of endorsement on the letter endorseing the solicitations.

It's not my logic..it's the law...

If you've been solicited illegal or otherwise via the U.S Postal system/internet..and choose not to do anything..it still makes it your business...especially if fraud is suspected.

it appears not even Megas knows what it's used for - For me, it 'appears' he does. We agree to disagree.
-----
So what do you base this "appearance" on given the fact you've stated you recieve updates from Megas that are more than "sweet nothings"?

op9171787 Share Thursday, June 02, 2011 1:12:29 PM
Re: mastaflash post# 135763 Post # of 135819

mastaflash, do you, YOU - Mastaflash - know what the payment to KHHTE was for from the fund?

reply by mastaflash: NO.