Bancorp International Group Inc (fka BCIT)

[ditch72]

regarding potential short position in BCIT, Mainuh post on RB

I do not have my iHUB to RB players name conversion card with me, so not sure if Mainuh posts here under a differant name...

http://www.ragingbull.lycos.com/mboard/boards.cgi?board=BCIT&read=20915

be nice to see that 10Q today,
as I recall, the 244 million is what we own, and there is 256 million left in the OS. The original 100 million that was counterfeited and brought to market by Pino thru SACM was sold, then re-sold a bunch of times, so that's where the short position get's interesting, we know it's been sold 244 million shares worth, but there was 2.2 billion shares traded last year, so potentially the short could be just shy of 2 billion shares, allowing for double printed trades, (which didn't always happen btw) you get a billion, my guestimate is somewhere in between 1.5 and 2 billion, because some trades did double print, especially the ones after the halt was lifted, Septemeber-February.
The cert recall needs to happen to force the cover, bring it on Megas~
Come to Papua!

Mainuh