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Re: kruy post# 97322

Thursday, 12/27/2007 5:19:09 PM

Thursday, December 27, 2007 5:19:09 PM

Post# of 159752
What I find fascinating is the spin - directly from Megas - about the Carter shares.

Megas always maintained that he was going to litigate the Carter badguys... but never did....

And then when I complained to the SEC about the Carter PR ($50k payment), with no mention of the Carter fiasco in ANY of the lawsuits or 10K's.... Megas decided that maybe I was Jay Dewhurst, and threatened to sue me... even used my name.

Now we find out it was all just BS by Megas... the 306 million Carter shares are now going to be covered. No litigation, no lawsuits... just a complete cave in.

I think my formal complaint to the SEC helped to force the issue. It may even have played a part in the shareholder lawsuit... just my opinion.

And I think I'm willing to force the issue of the preferred shares, too.

You see... the SOL has expired for nearly everyone. Except me... I filed an official (got the receipts) complaint before the SOL expired, and even requested certs on 2 different occasions.

I'm going to ponder this thru the end of the year. I don't believe it was legal for Megas to call that shareholder meeting on August 19th 2005 without notifying me and 1,500 other shareholders.

I am convinced that my complaint to the SEC would have some serious merit. My shares were invalidly issued.... and now we have it in a SEC filing that BCIT considers them valid.

I bought shares BEFORE that shareholders meeting... but I didn't get to vote. If my shares are valid now, then they were valid when I bought them.

Thats the way I see it.

Those who believe without reason... cannot be convinced by reason

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