Bancorp International Group Inc (fka BCIT)

[Art2Gecko]

The truth is, the SEC claimed Pino and Thompson were behind the counterfeiting.

The truth is the SEC Filed a federal civil suit against Pino for this (pammy claimed indigence and wasn't included in the suit).

The truth is a default judgement was reached in the federal civil lawsuit.

The truth is, there isn't any indication that there is any continuing investigation. Until someone provides evidence to the contrary, I will assume that given a judgement was rendered in the SEC's case, the matter is closed.

BCIT has their SH meeting in 10 trading days, and expects to see the reverse split effect on or before 6/30/2002 and appear on the dailylist.