Bancorp International Group Inc (fka BCIT)

[kruy]

Under Federal law, brokers will argue that statute of limitations expires 2 years from the time of suspension. Under State law (depending on what State you live) you may have 3-5 years, but will lack any clout if Federal Statutes expire.

Before the Statute of limitations expire, we would need to file a claim with our brokers (our ONLY recourse) which will then be submitted before an arbitration board. You can argue whatever price you want, but my atty's opinion from his experience is that an arbitration board will only be willing to rule on reimbursement of what we paid for shares.

In other words, Megas BETTER get this trading soon, or we will be forced into arbitration if not trading by the end of August, and those that don't file a claim will simply lose out as brokerages can then ignore any claims to shares or compensation based on statute of limitations. At that point it would become a costly and lengthy battle to get ANYTHING out of the brokerages, and they have the deep pockets to outlast most shareholders.

FWIW, this is the opinion of my atty, who is a securities law atty and has formerly worked for the SEC as a prosecutor for 25 years.