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Re: None

Wednesday, 10/05/2016 12:44:21 AM

Wednesday, October 05, 2016 12:44:21 AM

Post# of 160393
BCAP SCAM UPDATED! MUST READ!! MATTHEW DWYER GUILTY AS CHARGED!

BUYER BEWARE!! Matthew Dwyer Guilty as Charged 2005 Lawsuit:

the loss of $125,000 "is recorded as a current liability as of September 30, 2006."


** soon the BCAP crime syndicate will be shut down by the SEC**

Page 7 shows indisputable facts regarding lawsuit.

247MGI, INC. https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=63106

Company Information and Disclosure Statement
For the period ending September 30, 2011


-Litigation

During February 2005, a lawsuit was commenced in the Supreme Court of the State of New York, County of
Monroe, under the caption Stephen E. Webster v. Richard Dwyer, Matthew P. Dwyer, Phillip Mistretta, Total
Digital Displays, Inc., Leslie W. Kernan, Jr., Lacy Katzen LLP, et al. The plaintiff, Stephen E. Webster,
previously purchased a $125,000 debenture from Total Identity Corporation and is seeking payment of the
convertible debenture by alleging that he was fraudulently induced to purchase the debenture. The Company has
filed various motions in its defense and in September 2005 a judgment was granted against the Company and
other parties for $125,000 plus 9% interest per annum. In February of 2006, the judgment was vacated. In March
of 2006 the Company’s attorneys filed a motion to withdraw as counsel, which was granted. On August 2, 2006
the Supreme Court granted a judgment against the Company for $125,000 and post judgment interest at 9%. The
judgment is recorded as a current liability as of September 30, 2006.
On or about September 17, 2007, we accepted service of process by stipulation in a lawsuit commenced under the
caption Dr. Martin Peskin, Plaintiff v. Matthew P. Dwyer, 247MGI, Inc., a Florida corporation f/n/a Total Identity
Corp.; Fantastic Fun, Inc. f/k/a 247 Media Group, Inc.; and YSDO. Inc. a Florida corporation

*****Buyer beware buying scam stock BCAP****

This indisputable DD proves that Dwyer is and will always scam his shareholders with fantasyland companies like BCAP. Some will say that this was back in 2005 but that doesn't matter I'm just proving he's got a history of scamming shareholders.


Dwyer's shell corporations; BCAP scammer CEO specializes in dumping shares and cashing in!

Freeze has been lifted. Watch for Dwyer to unload hundreds of millions of shares.

Link to all Dwyers shell corporations that he uses to dump shares:


http://investorshub.advfn.com/boards/read_msg.aspx?message_id=74681088


The Share Freeze shall remain enforce until July 1, 2014. The only way to remove the freeze is with the consent of a majority of the Common shareholders only the Preferred shareholders are not allowed to vote in this matter. On July 1, 2014 the special provision with the Bylaws is automatically removed and the Company may make any changes to the share structure it deems necessary and in the best interests of the shareholders.



BCAP CEO MATT DWYER RUNS THE BUSINESS FROM HIS HOUSE!!!!!!!!

"Baron maintains a Virtual office in the SunTrust Bank Building located at 515 E Las Olas Blvd, Suite 120 Fort Lauderdale,
FL 33304 and has access to conference rooms at this and other locations for meetings. The Company's President
provides space at his residence for daily operations.

who wants to invest in a company that can't even afford an office??? This is the company that's going to get a brokerage firm and a BANK and he runs it out of his home????? "



BCAP isn't even worth .0001 and smart traders aren't buying the BS that Matt is spewing. Filings and Financials are out yet this pos isn't moving. This won't even get to .001!

net profit YTD as of 6-30-2014 = $195



FINANCIALS WERE LAUGHABLE

"Interesting that Matt claims $173K in net but here's another breakdown by Matt as to where money came from and went.

Quote:
Net cash provided by Operating Activities -265,411.72
INVESTING ACTIVITIES o
Furniture and Equipment -788.21
Shell Coroporations -10,000.00
Net cash provided by Investing Activities -10,788.21
FINANCING ACTIVITIES Accumulated Deficit -27,123,815.00 Common Stock 236,236.00
Paid in Capital 27,165,995.00 Preferred 6,535.00 Preferred stock buyback -6,600.00
Net cash provided by Financing Activities 278,351.00


So we have a net cash provided by operating activities of a loss of $265K

Then thanks to Matt's experience on "wallstreet" there was a loss of just under $11K on investing activities.

But as always, Matt's most significant source is provided by financing activities. In return for notes Matt received $278K yet at the end of the year for 2012, there was only about $2100 in the bank.

Matt must do more siphoning than a gas thief does."