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Re: Iluvbbs post# 107578

Wednesday, 05/28/2008 8:32:30 PM

Wednesday, May 28, 2008 8:32:30 PM

Post# of 159752
I think you've got the numbers wrong there. Mario printed 230 million fraudulent shares. BCIT issued to cover those and to themselves 530 million roughly. When the count was tallied it was at 1.2 billion outstanding roughly. If you subtract insider BCIT shares and the 230 million since declared fraudulent by the SEC you are still left with somewhere between 550 million to 700 million over sold. So where did that money go to buy over 600 million shares should be your question and at what cost were commisions charged to acquire what never existed? Even further were any taxes paid on any of the above?

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