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I am believing their financials are not the issue - liability? - I am leaning that way.......imo
Post #158480
Something was started where a trade offer was made. Something that makes the DTC money and ends this so that the shareholders get money back.
The SEC had no clue what the DTC had done because one DTC employee was lying thru his teeth. One idiot who lives in Middle Village NY and was told to knock it off before he gets his head knocked off.
The DTC also was under the impression that something from the SEC was true and factual when it is not. The SEC messed up on revocation, the DTC did not know the SEC messed up. The process of how that happened was just recently made available to the DTC.
There are a lot of things Megas did to screw everyone here. While the DTC owes restitution to the shareholders, Megas and his scam crew were trying to screw everyone here and walk away with the potential restitution. All the "we need donations to fund litigation" stuff was just fleecing you all again. These guys re-victimized the shareholders for their own personal gains.
That's being cut off as I type this. Megas is done here. /quote]
post 158471
Yeah,
Needed to talk to a three letter agency too. One that will bury the fake diplomat and the pathological liar who wired corporate funds to his personal accounts.
Making sure the only settlement made is for shareholders only. /quote]
More likely the amount has been determined.
Recoup The brokers defended with information received from a third party.
Post 158874
It was my bad on timing, due to some brokers wanting to recoup some money too.
I'm NOT going to promise a date. Let's just say that swapping a couple of projects that generate 5 times a settlement fee makes it worth settling.
Oh, and I'm not going to be some kind of paymaster. It's up to them as to how it gets paid out. Probably by check since the brokers records are a mess.
This is kind of exciting to finally learn the source of all my good fortune.
Nice. We are very pleased to announce a victory in the arbitration case (no. 12-01838)
You are welcome.
You did use my opinion and it was highly useful for you!
Your case could never have gone forward if it were not for my case..............GEEEEEZUS
Haviland case looks to be caught up in a revolving door!
IMO
whether not weather.
Damn Siri
Probably each contract arbitration agreement is different.
In these situations both parties receive a list of individuals to arbitrate 1 through 5, 1 through 10 however many that may be on the list.
It is the responsibility of that person to go through each resume and rank 1 through 10 to be your “favorite” Same with the other side.
The highest favorite from both parties is then chosen weather that favorite is 1 3 4 or 6.
Simple. I merely applied my highly refined telepathic skills when selecting from the list of FINRA arbitrators. I also used it as a opportunity to dust off my remote viewing program.
SO TRUE
Most people did not realize had they gone through the resumes this was an opportunity for them to pick who they wanted to arbitrate the case.
Kind of like slanting the odds in your favor.
Never could stress that point enough.
I’m not disagreeing with that point - I’m saying that since the fraud is ongoing there is no statute of limitations issue
What fraud are you referring to?
If I am correct, everyone was assured the shares purchased were legitimate therefore these shares that were deposited into your account are considered a guaranteed financial instrument - cash. Dtc had three days to to check the numbers before clearing. No SOL on financial instruments.
What happens in September?
From post #158632
Shareholders loss is based upon actual loss and not potential gain. A short squeeze would be potential gain but you can't peg a price on where something ends up. If....If...we could have received a buy-in, Megas would have fugged everyone by cutting more shares. He already cut way more shares than you guys may know.
He's passing around 205 shares like it's cash to pay for past debts. That's why Ferguson is trying to make sure only they get paid and shareholders get screwed. They need to convert their 205's into cash.
If people want more money, post an amount you want and back it up with factual proof of loss.
That's the real reason most law firms would not touch this case. Once they dug into Megas and Sytner's past, once they realized this was a shell corp with no actual corporate losses, it crushed what they were willing to spend on legal fees versus what they could recoup.
Another reason the Ferguson scam seeking more donations is another fleecing of shareholders.
Small avian informants are notoriously unreliable, I'm afraid.
a bluebird told me that we will hear some news.
I have no idea when it would be, but sooner than I expected.
How is that working out?
On August 31, 2005
The SEC announced the trading suspension starting on
August 31 at 9:30 a.m. EDT.
On September 14, 2005 at 11:59 p.m. EDT
The SEC terminated trading.
Again, there was a conflict of interest on the date for the
pre-lock shares due to the alert from the DTC on August 16.
Before that, on August 11, 2005 the DTC put a global lock
on BCIT, which means the trades cannot be settled electronically through the DTC. However, despite the global lock ( Aug.11) and the DTC alert (Aug. 16), "normal trading" continued
until August 29, 2005.
I'll take any bit of good news (since beggar cannot be choosy)
If this convoluted soap opera was graveyard dead due to ABSOLUTE evidence, the brokerages would have dumped it from their system to save $$$ for mere savings of continued listing if absolutely possible.
Granted, the shady SOBS scripting BCIT and the brokerages who instituted the trading halt when they found themselves in a potential problem are still carrying this in their systems and in our portfolios as well.
Goodthings
What mikeymac said:
Stay tuned
of the outcome
whether it is good or bad,
You said there were some brokers trading outside the DTC.
I guess there is nothing new for him to tell us for now.
If not, do you think things are getting much more complicated?
mretgnol, I am not sure if you have already talked with realwhiz about the shares Megas had sold since November 2009 when BCIT stock was revoked.
You possibly read the following posts between realwhiz and Janice: Post #158545 ~ #158553 (total 8 posts)
Post #158547 was erased by realwhiz.
Maybe just between them.
I guess realwhiz has helped you one way or another, and
I thank him for that.
You mean few involved in BCIT are trying to raise money??
Why can't you wait for another year?
Of course, the sooner, the better. I hope so, too.
will anything ever happen in regards to the 205 shares of BCIT I have 250,000 of them
What difference does all this make. Nothing is going to happen. If something in terms of shareholder restitution were to occur it would have happened years ago. IMO if this happened here it could happen in any market. NAZ, NY, AM. I can tell you this tho, if it did happen in any of the major markets people would have gone to jail and at the very least trades would have been reversed at some point. But not 13 years later.
Tells you what a joke the OTC is when even the regulators won't regulate it. In 20 years of trading I have yet to see a company in these markets make, produce, hire or succeed in contributing anything but losses and heartache. A bunch of friggin thieves.
This is entertainment and yes restitution is possible but highly unlikely ....
He is such a bs artist, that I am more than ready and willing
to attacki regarding my funds sent for 205 certificates which I hold.
Lets go a bit deeper - shall we?
Because the X205 shares are not registered with the SEC, and because TD Ameritrade does not have any of those shares in its possession, acquiring X205 shares to transfer to Haviland would require TD Ameritrade to “offer to buy,” and then to deliver, a security for which no registration statement has been filed,
If you continue to go after your brokers - may you receive everything you have coming too you!
If your broker has an issue with the 3rd party clearing house, that's between them!!!!... not us! Again, your Broker received, accepted,legal tender. Verified and validated your stock entitlement property and place the entailment purchase as evidentiary fact, in your account!.
[Even a fiduciary responsibility to their customers!
Bottom-line, all participating parties in the trading system, bare some form of responsibility, culpability in the trading quagmire, t/quote]
You are so correct and what you say has been proven to be true. I’m thinking if they bear anything they’re going to expect you to kiss it!
Potential funders beware
Finally, TD Ameritrade does not intend to settle any claim brought by BCIT shareholders against it. The reason for this is that TD Ameritrade has done nothing wrong, legally or factually.
[why would a bcit shareholder attack another bcit shareholder when both want the same outcome. /quote]
Please define how asking a question is an attack on a shareholder?
You come across as someone knowledgeable enough in Bancorp- you must have gone to court/arbitration.
Why are you so quick to label someone as an attacker who asks you a question?
IMHO
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
the brokers are just as guilty as the DTC.
Why would anyone buy post lock lol.
You tried to screw imaginary penny stock shorts, and instead got screwed.
A few people did buy in the spring of 2005 because of Carter Care, but not many./quote]
Carter Care was the ignition
the chief reason they bought was that Art Gecko believed there was a problem with naked shorting. /quote]
pumped it up?
Carter Care was a real business, unlike the others. It might even have worked out, but we'll never know. /quote]
Is this not what the 2005 trading flurry was about?