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IMO, SEC will not allow Megas to start a new shell until he cleans up BCIT mess.
I have some money coming in tomorrow and looking to load up some more shares.
I did not see anything mentioned about the DTCC in AlanC's response from the Senator. Even though the SEC may have been given more power thru this legislation, it does not seem they were given power to examine and regulate the DTCC. This is nice, but until power is provided to investigate the DTCC, nothing will happen with the damage done by the DTCC on BCIT shareholders. Noone yet has exposed the person or persons at the DTCC that allowed the forged certificates into the market place. Was that person or persons accomplice to Pino/Pammy? Or did Pino/Pammy take the fall for all involved? What became of that person(s)? Who did they know, if they knew, in BCIT circle of players: Megas, Sytner, Lessor, Pammy, Pino, etc. ?
Too many unanswered questions remain in this case after five years, including why did Megas delay reporting to proper authorities? What did Megas know from the time he met with Pino the first time and the time he finally reported to authorities?
Ivestor, so what you are saying is that the Whirlpool's and Home Depot companies and others have been hood winked by the CEO of BGNN. So all of the PRs are false and BGNN is illegally publishing and creating information using these companies and able to hack into their catalogs and place BGNN products.
You are saying these mega million dollar companies have been completely lied to by BGNN executives and sold a bill of bogus goods.
That is bold Ivestor!
The fact that BGNN can put a brand name on VibeAway product makes a very profound statement and then market it thru one of the largest home market resellers.
WOW!!!!
This sounds like an 'exclusive' marketing decision by Jerry, which I trust will not offend other washing machine manufacturers.
Can we file a claim against BP for the loss of share price?
Is this U.S. based hedge funds? I do not believe the US. Government can enforce this on hedge funds that operate out of U.S. territory. Please correct if I am mistaken.
The truth will reveal TM's character, and his last PR has pretty much done a good job of revealing his character. But you and I will not be the judge of that. It appears TM did not want to answer the SFC, and he and Sytner seem to have done a good job of communicating with the DTCC in the past.
The truth will be exposed in time. It took ten years to expose Bernie Madoff and he was handed on a platter to the SEC. We are over half way there for the truth to be revealed about BCIT.
You can not deal with the truth. The truth is when a person starts a company they are to operate it with fiduciary responsibility. The bottom line truth is Megas is not. Pure and simple. I do not need to go any further Masta.
All I will say is TM has not performed according to his fiduciary responsibility as CEO. You can twist that into what your agenda is here Masta.
I believe that says enough about TM. IMO, there is not a court of law that would disagree upon hearing his negligence of properly reporting. Just because others do not report doesn't make it right.
Again, I hold all parties responsible including Megas. You obviously do not hold Megas responsible at all.
I think we should be able to agree to disagree agreeably, don't you?
That's okay. I respect your right to be wrong. Yes, brokers have the responsibility for their customers, but Megas has responsibility for the company and the shareholders. He has failed on both. As also, brokers have failed for their customers. I have not said anything different. I have been over this with my broker. The system has been created to operate very craftily. The difference between your opinion and mine is I find all parties to be at fault including Megas, You give Megas a pass. Very simple.
Financial reform is a joke. Just look at who is in charge! Barney Frank the person who said Fannie and Freddie were solvent! Then two months after that statement both failed and now they are talking a bailout by the taxpayers. Why were these two left out of the financial reform?
No matter who, CEO, DTCC all are men. One guarantee, all will disappoint you.
Whatever those choices were for the decisions made, TM has failed to provide fiduciary responsibility to the shareholders of BCIT! Period!
Unfortunately masta, you are missing the whole point. It is just not about the letter to the SFC. From day one it has only been about Megas and that is it. I know hind site, but if Megas would have worked with the 'fake' shareholders in the beginning instead of treating them like dirt, TM would possibly been in much better position today with BCIT. Just IMHO.
The bottom line is that the CEO dissed the SFC that was willing to listen and from emails posted on this board Grassley's aid stated Megas would not answer his questions. If Megas was truly innocent, what did he accomplish by dissing Grassley's aid? This has me puzzled. I would like to know the questions that Megas would not respond to.
Too many unanswered questions by Megas, IMO.
All I know is that it has been five years and the stock is not trading and has been delisted. You give the CEO Kudo's for that! I am sorry, but since shareholders, albeit thru DTCC, have been referred to as a 'fake' shareholders and sued, and then issuing a PR that was not and has not been followed up on, is a sad statement. I know, TM is busy.
TM has fumbled too many times, but there is still hope he can change. But a man after 60 + years is difficult to change their ways.
I believe that was suggested 5 years ago but Megas wanted to do it his way. And thus here we are 5 years later. Only difference is BCIT is now not trading and delisted. Megas' way from his illustrious lawyer advisors has failed to this point.
IMO, Jerry and Ivestor have had a disagreement somewhere in the past and this is Ivestor's revenge. No proof of anything and a lot of mouth.
IMO, if BGNN reports a ten fold increase in Q2 revenue, BGNN will run big time. Revenue should be based on new product sales. If not, then need to wait for Q3 numbers. Packaging for biodegradable bags will be ready then and more new products are in the market for BGNN.
This is a slow process, but once everything is in place, watch out! It's to the moon Alice!
My timeline for BGNN, as a new growth market company, is three years. It has been approximately 18 months now. Mahoney, IMO, is ahead of pace.
200,000 just went thru at .0025.
holding steady. I can wait.
My friend is the creator of it all. There are some who are in pursuit of the counterfeit. I think you would agree you want what is real, not the counterfeit, which is part of why BCIT is where it is at today.
Patience is a virtue. Time and the creator of it are my friends. You will be rewarded.
IMO, Tmeg doesn't support the shareholders, I mean fake shareholders. It is just a facade to continue the trust of the 'loyal' shareholders, but whom after 5 years has showed he cannot be trusted, based on last 'PR'. Yeah I know the SEC pulled a fast one on him and delisted BCIT. They only did what they said they would do. Let's see he, from reports, have cussed out the DTCC and dissed the SFC. What really happened here is unknown.
The truth is yet to be known, and Megas is not talking.
Any word on the restricted shares? Cusip # 941991127
OP - Mine are still in Etrade but with the cusip # 05968X106 instead of symbol.
I don't worry about it. Some days are up, some days are down, while others are flat. IMO, people are waiting until Q2 numbers before selling or buying. IMO, this is a good basis to get in at, because by the end of the year the pps will be higher than where it is now.
Durango:
why do you insist on asking nonsense questions. You have lost any credibility you once had. This is a foolish statement on this board and should be removed. Has no context here, period.
Unless you want to enlighten everyone with facts to base the statement on.
this has the makings of sirius satelite in its infancy. Got in early enough and within a few years it was $9.00 a share. I really never expected to be driving a car with XM/Sirus radio 10 years ago.
BGNN does have competition and that will be the battle of changing and influencing mindsets for the new era of products being brought to the market by BGNN.
Never thought of buying biodegradable bags manufactured by a company I own stock in either. but ...
IMO, this also means the original indy shareholders as well. Seems one got tired of waiting on Megas to do something that they tried to swing a deal to get some action going with BCIT so they could recoup their investment in Indy. Of course this played into Pino's hand. All this is IMO.
Good show cowboy. Yes, we need to learn from past mistakes and it took Edison how many mistakes to bring the light bulb to market?
Point is technologies come in different flavors. Mahoney looks like he found the right technology at the right time in the right market. Yes other ideas were not as successful, but he has not quit.
I am also long on this stock and seem to have a good blend of the highs and lows of this type of technology after 18 months. But the timeline of the highs and lows is decreasing and the trend shows the highs and lows will soon collide where the high will take off. But we need thru the end of the year to watch this play out, if not sooner after Q2.
Today's announcement no different than June 1. Where is all the mojo - lost 70% value today.
This is real bullish, eh?
Gulf oil must have hit the Hawaiin coast line.
What you are saying is that Whirlpool has ignorant personnel and that they issued a PR without doing due diligence on BGNN's capability to deliver product before issuing a PR. And then going thru the expense of placing BGNN product info in their catalog. Have you ever produced a catalog or provided info on a web page. It is not cheap.
I think you need to rethink what you are spouting. No large company would do what Whirlpool has done, unless BGNN fabricated everything and somehow was able to hack into Whirlpool's catalog and place their products there.
Nice try Ivestor. Please check your facts before posting your bogus information.
I understand your skepticism, but Whirlpool made PR announcement independent of BGNN. Unless you are accusing BGNN of fabricating the PR.
Ivestor:
You better call Whirlpool and all the companies that have signed agreements. I hope you understand that anything said on this board in the form of slander can be used against you in the court of law.
kruy: it is hard for me to understand you are saying the SEC saw no wrongdoing by the DTCC. Please, the DTCC allowed illegal certificates into the market without doing due diligence. You have to at least admit this fact. If the SEC really holds that opinion of DTCC doing no wrong,and you agree with it, there is definitely something wrong IMO. And I do not think it is me this time.
DTCC was at fault, but IMO Megas delayed reporting to proper authorities in a timely manner which may have contributed to the enormous shares trading. It is the time gap of what Megas knew when he knew it and when he reported it that, IMO, has caused issues with DTCC and SEC. Which this leads to your question of what BCIT insiders knew.
Everybody is entitled to their own opinion. As I stated back a couple of months ago, I saw the lower price of .0011 and stated it was buying time. IMO, discounting IVOI in to BGNN then and then BGNN pps went back up(3fold increase), This was market correction back then, but got scoffed at by some on this board. This is when IVOI price was going up but is now back down in price.
No big shakes, IMO, just the typical market correction response.
BGNN after Q2 will go up in reported revenue 10 fold, thus pps will go up, all IMO of course.
IMO, the 3 billion got factored in when price went to .0011. Everything should be fine with good product and more to come.
no speculation, but as a result of response posted on this board from Grassley himself.
The day that BGNN will receive its independence from the MM's and have a breakout. IMO, Q2 revenues will be 10 fold increase over Q1.