I don't know if everyone here fully understands what the full cost of a cover of this magnitude actually is. Obviously based on the effort and cost of the hired help posting here knocking this non trading stock down for four years it is expected to be HUGE!
The problem is every shareholder here found out that they were being robbed and that there were only 400,000 legal shares in the float before anything was added. Thats despite over a billion shares IOUed by our "out for our best interest" brokers. Just imagine the cover.
We've all seen stocks that were shorted that ran easily into the double digits. Heck look at the resent VW cover that ran into four digits. BCIT is probably the most over sold stock in history. From 400,000 available float shares to somewhere over a billion to five billion shares IOUed. Every company that shorted this should easily go broke trying to cover it.
I'm pissed. Nothing more to say I can add. We've seen stocks with less to cover run over $20. Someone please feel free to post their story of a cover. This stock is a double digit cover at least. Do that math:
1.1 billion shares just to legalize our float X $10
Megas sells the 250 million issued shares for the cover @ $10 a share which equates to $25,000,000,000. Thats only half the cover. Half way through this cover and after we have already acquired with cash a business Megas issues a dividend driving our S/P to .................Think about it.
If you don't sell our S/P rises faster. Megas is able to sell at even a higher price per share. Do you want to sell before you see what billions upon billions can acquire and still have cash to be able to pay out? Don't sell your position to early. This will be a cover that will change lives for the better and destroy lives that weren't deserved.
AI
