Arkit, what i said was "our time MAY come." I am becoming of the opinion that for some time now we have been Leverage or cannon fauder for Megas. He has insinuated several times that we could ride on his coat tails, but he wasn't going to carry us in his pocket.
I see one of several things happening. At some point Megas merges something into bcit which has value, or sells it off as a shell. Think about it for a minute, does he really need the money? I don't think so. He had already sat on it for some time before this fiasco happened. And that is what I would expect him to continue to do.
If you agree with that concept, there are a couple more things to consider. If it is his intention or hope to merge something into this, then is it really to his advantage for this to trade now. If this were to trade now, there would be all kinds of crazy things going on in the market as it relates to this stock. I would expect a bit of a short squeeze here and certrianly the poetential for some profit. Then it drifts away, quietly. And this will happen the moment this does trade. However if megas really wants to capitalize on all of his efforts and make serious money (which you can bet he does.) Then with time on his side, I think he has said that before. But with time on his side, he just stalls until such time as he is ready to make a move. Merge something of real value creating real value for the share price, now what happens. It starts to trade, we have a short squeeze from a much higher level. Runs much higher. Best senario for him.
Now bare in mind, this is not the best senario for the brokers involved. This would lead to a great deal of accountibility, and expense. The best thing that could happen for them is again time,,,,,,,,,lots of time. sadly to say, enough time for Megas to die. Yes I said die, cold, yes but real. In the event of his death, one has to ask if his heirs would have the same tanacity and patience that Megas has. I somehow doubt it.
Company withers away, what do you have a claim for. A rundown disbanded company. No value, strike three.
So, as for the brokerages, they are in a decent position at the moment. They sold shares in a company which they did not have. They are happy to assist you with a trade, but at the moment there just doesn't seem to be a market. As long as there is no market, you can't go after them. Don't know about your account, but they are in mine with a value. Meaningless as it may be.
If it should come to life, would you rather go after your broker for your initial investment plus a bit. or hope that the mother of all short squeezes hits and you are along for the ride.
No matter how one looks at it, or how they feel about Megas or the sequence of events, I think we can all agree that this is the mother of all messes.
Have fun,
AI
