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Right on, Oh Bull. What I want is an accounting from the
Dark Side. Who sold the (Shell's estimated 200,000,000)
air shares to retail investors, and have never delivered,
and hope never to.......? Certain brokers, who need to be called out and to settle with us and our lawyer.
If Attaway can get us an accounting, I will happily fund
again. I just want that, and I want at least .15/share plus
four years interest. The lawyer will have to take whatever
is beyond that, but I want nothing less.
All I am saying is, once Attaway is retained and gives us his
assessment of how good the likihood is we will get an accounting, I would only want his assessment of his costs versus my minimum payout of .15/share plus interest, to see if I want to go further and fund Attaway further.
And, by the say, Dusty, got your letter yesterday. Thanks for
the effort to contact shareholders, who need to step up and lawyer up with us.
GO BCIT
GO BCIT LEGAL FUND
Dusty, I sent in $600, that's about 14% of my original investment. If it helps get us legal attention, it's worth it.
I want closure, so to speak. Congrats Dusty, and thank you for your
contribution. GO BCIT
I TRIED TO SELL 24 HOURS BEFORE THE HALT AND SCOTTRADE SUDDENLY WOULD NOT ALLOW ME TO SELL, ALTHOUGH THEY HAD PROMISED
THEY WERE NO ABOUT TO PULL THIS, AT 5pm THE PREVIOUS DAY.
Cost and time. I think C&W will be doing them.
Filings are not easy nor cheap. This is just another hurdle,
and I doubt Megas is in a good mood, not something he wants
to communicate and have it torn apart (any non official communication). Patience. We are in the right. Persistence.
We are in the right. If you want legal representation,
contribute at least .00032 per share to the legal fund, please.
Since the shell got hyjacked in 05 Megas has not put any value in it.
Can hardly
blame him for that. The beef is with the DTC not Megas.
There is every indication that Megas would like to do business,
but is being kept from merging what he is doing into his
frozen shell. To say he is not doing business is not accurate,
it is simply that what he is doing is not public.
Im happy more funds are in, but we need to double what we have
contributed, in order to get some legal clarity from Attaway.
Meanwhile, there is no way any strategy of any import will be
put up on this board to assist the "enemy." So we wait.
Filing takes time, by the way. And money. Who knows which
foot should lead, filings or legal assessment. I think the
latter would be prudent. But I sent in to the legal fund 6 times what I asked
others to contribute (.00032 x number is shares held). So
my conscience is clear. I've written half a dozen registered
letters to congress critters. etc.
Go BCIT.
There is no right nor wrong according to the DTCCand SEC. . There is
just greed, and greedy associates, and dumb shareholders just
waiting to get fleeced. And CEO, arm twisted, to leave their
shareholders hanging.
Megas has lost more than any of us, individually. He is the
one deserving sympathy and legal contributions and letters
written to Senators on his behalf., imho.
bELIEVE THE 60,000,000 SHORT WAS SCHWAB. i"D GUESS eTRADE
HAS MORETHAN THAT.
pressure on DTCC is warming up. now we have to be concerned
with those still undelivered FTDs of BCIT, etc.
Please donate to BCIT legal fund ... Show Megas we support
his supporting us.
bobbybdb, the part where Markopolos says he was afraid for
his family, is truly scary. the entire thing is scary.
If BCIT it a leak in this dike, ..... how can they admit
we are right, without blowing their entire gigantic scam?
I begin to wonder if a settlement is not the only possibility,
here, and that being what only a lawyer can effect.
Justice, free trading, a fair cover.....I can't see it happening.
god help us. god help America.
Kruy, Megas doesn't need us, we need him. A donation to
help defray the huge costs of fighting the DTCC for years
is a donation to help ourselves.
Mkt_predictor - kindly fight with a $100 donation to the legal fund. Megas is obviously paying the Real bills, but the
motivation to protect ourselves must come from us, as well.
Just go to Let-Bcit-Trade.com and look for BCIT Fund in the
left hand column, and donate via pay pal. You get a receipt.
Scottrade intercepted a sell order for my shares a day before]
the official halt. I want that amount.(400% interest on my
investment).
THANKS FOR IDEA, MICHAELWC, Re Goldman and DTCC board of directors, also thanks mretgnol for your suggestions in 125065
will consider both carefully.
Unverified stuff can't be used, alas. We are not attacking
small fry, here. Need facts.
My major news outlet source is also interested in any
informnation on Morgan Stanley, regarding naked short selling,
we can dig up. (As well as aforementioned Goldman Sachs).
It is very likely they were part of our problem, so the
battle lines are drawn.
my major news outlet source is digging for dirt on Goldman.
Will interview Megas if we can supply help on this, foot in the door, sort of thing. Somebody here must know something
we could supply about Goldman's dirty doings?
bobbybdb, please support legal fund. I know Megas is
attending tothefilings. We needhead count, more than the
dollars. Nobody but Megas has the money to see this through,
and he is committed.
HERO86.We need help now. Just to say you are among those
who are in solidarity with the entire company, under siege,
will go a long way. $100, $50, $25, $10 $5, please,
anything, so we can say a percentage of our longs are
behind our legal battle ! I am tons in debt, paying off a
mortgage, my source of funds trashed by the market crash,
yet I am willing to donate time and money to be counted as
SERIOUS. The DTC and SEC need to know we will not stand by
for business as usual. United we are strong.
I NEED HELP WITH A MAJOR NEWS OUTLET. SOMEBODY ON THIS
BOARD WAS ALWAYS DISSING GOLDMAN SACHS. I FORGET WHO.
CAN THEY CONTACT ME, PLEASE, BECAUSE IF THEY HAVE INFORMATION
ON GOLDMAN, I CAN GET A MAJOR NEWS OUTLET TO INTERVIEW
MEGAS. TIT FOR TAT. PLEASE HELP (CALL ME COLLECT AT
207-990-5839, EVENINGS EST, AFTER 7pm).
Janice, T. Megas did not suggest soliciting funds for legal
action, I did. And I was joined by like minded shareholders.
We need legal guidance. Megas needs support. This is very
hard work battling a group worth millions of our money and
having a nice party while we wait for four years to get what we paid for, shares we can trade.
It is not so much the money, as the committment of solidarity
among longs. $100 per shareholder would help a lot. Is that
too much to ask? Megas has nothing to do with asking. I am
asking all to step up and join us to action. NO MORE BEHIND
CLOSED DOORS . WE HELP PAY FOR LEGAL COUNSEL, AND WE ENJOY
BEING KEPT INFORMED. I LIKE THAT BARGAIN.
GEEZE. Read Matt Taibbi's article in Rolling stone,
naked short selling's history. it's dilution of share structure, and weakening of price, ie. theft.
manipulation is just a mild way of putting it. imho.
my dad was a businessman and his specialty was math and
engineering. his spelling was humorous, but he cut through
a lot of bs when he wrote. so what. it makes it all the
more genuine,
Donations are a way to show support for Megas, unity
of our shareholder longs, and power to the people against
the DTCC. NO MORE BACKROOM DEALS. dead duck soup, anybody ?lol.
Nice you are willing to donate, now. I donated a few days
ago. At first it was because Megas had not communicated, and
I, as a shareholder, wanted legal advice, and wanted other
shareholders to join in.
I still hope all will join in, including AlynnB, who has been
missed, because it will look better if we are all united
and willing to sacrifice a little to get the best legal advice
we can. The DTCC is not going to lie down, on this one.
go bcit
go megas
go longs
Whoever the lawyer, the client has to be proactive, and I
mean keeping Congress informed and adding funds to the
pot and, if possible, adding buying pressure,once we trade.
No lawyer is going to work magic,without a very supportive
and skeeming client, imho.
A good lawyer, like Attaway, will manage to expand the
filings problem to , er ahem, shall we say "TOUCH" upon
the fact that just perhaps a company under a Global Lock
or Global Freeze, might have reason not to change due to
the chilly environment for business, and the filings
are , due to being frozen, duplicates of that time when
things were warmer, in fact HOT with short sales, back in
the day before the BIG FREEZE.
And it will be in the record. And from there, we proceed
to discuss WHY the filings are irrelevant.
gotta love it.
GO BCIT
GO MEGAS
WAKE UP THE PLANKS, MAN THE DECKS, LOL
A STIFF BREEZE COMING FROM THE DIRECTION OF THE SEC AND CO.
Things are limping forward, molson. keep the faith, despite
slowness. I understand Attaway will be hired as soon as we
hire him. I sent the fund $600. I do expect results.
Will let you know as soonas I do, what that amount buys me
in satisfaction of seeing this limp forward.
I like the idea, also, of a contingency reward in stock for
Attaway.
GOTA LOVE IT, MAYBE ALL THOSE SENATORS I'VE BEEN WRITING
ARE GETTING TIRED OF MY BOLD FACED LETTERS, LOL
Under pressure from Congress, the SEC has proposed various rules to restrict short selling, a legitimate investment strategy where investors profit on a stock's decline.
op9, did you get an email or letter from Burns? Can you share? tia
OHBULL, MEET THE ENEMY, LAST PARAGRAPH, INCLUDING GOLDMAN
SACHS, STATE STREET BANK, ETC. VERY NICE FIND, VERY GOOD NEWS!
".....Madoff and BCIT are apples and oranges..."
Ah, but it's the same incompetent, crooked SEC and DTC.
All fruit entering their grinder comes out looking the same: ignored---until citizens and Congress do something. What are
you doing to right this wrong? My money was taken for stock
the DTC knew was none existant. I want justice.
We need more than filings, as evidenced by last time we
were current. That "more" is the stickler, so , if you
are as concerned as you claim, hows about writing your
congresspersons, instead of wasting your golden words, just
on the boards?
Nwsun, don't stop there. Explain to your Senator that
the SEC is the enemy, the accused, not the answer. Cite
the Madoff case. Keep writing. Get your senator's assistant
on the case, and keep pushing. We need to be LOUD.
After all the discovery about BCIT, and it taking the SEC THREE YEARS
TO FIND PINO QUILTY, and all the folks on here who keep
insinuating Megas is at fault and insulting him, it is no
wonder he is silent . His past PRs said it all. What he is
doing currently, will no doubt be revealed. I doubt it is
nothing, but I also assume he is angry and until there is
a break in our "case" I see no reason why he would feel
there is anything further to relate.
It took two months for my Senator's office to get the SEC,
in the form of Mr. Neri, to do anything. And that was only
a phone call of no substance, and lots of errors. So , again,
I will corner Snowe for more. Once the health care billis
resolved and she is free to breathe.
Meanwhile, it serves nothing to file unless we have some sort
of guarantee that filings are all that are needed to make
the SEC/DTC happy (NOT). Then we have stage two to get to:
the revelation of the naked shorts that were never delivered.
DTC is going to be kicking and screaming about that issue,
for sure. After all , Byrnes will be getting his day
in court in Feb 2010! We wait.
Meanwhile, Molsen et al, please keep badgering your Senator
to look deeper ... and try to get us press, as well..
Remember Markopolos spent years getting congress to
look at the Madoff case, well after the horse and entire
barn was demolished . YEARS. We know that time frame,
and we better get used to it, I fear.
After the banking regulation reform is through being
hashed out, hopefully the mess of the SEC and DTC
will hit the spotlight. I hope we will be one of the companies
who push the issue center stage. But all this takes time.
We have to be patient. Push our Senators to keep digging.
And keep pushing them. Senators are besieged from many
directions, so we have to keep our wheel squeeking. I have
faith we will discover where our money we paid for phamtom
shares WENT.