Bancorp International Group Inc (fka BCIT)

[rjc2827]

If someone sells you a fake Rolex watch, you don’t go after Rolex for redress … you go after the watch seller (if you can find him). Megas is right.

If you are holding what are deemed to be counterfeit shares, your dealings to resolve the problem are with the broker that acquired them and sold them to you. I’m assuming that everybody reading this board that has shares, has only counterfeit shares. There may be some exceptions.

Put your shares up for sale when you like the price being offered. Your broker will either say that he sold you valid shares and allow the transaction, or will say that he sold you counterfeit shares and will refund your original purchase price. How your broker handles the “problem” if the shares are considered to be counterfeit, may be the broker’s choice … I’m not sure.

The technicalities of how this will play out are still unknown to us; but there is the possibility of the mother of all short squeezes being part of the answer. I wouldn’t be too eager to sell your shares until you see what the game is.

rjc