Bancorp International Group Inc (fka BCIT)

[MONEYMADE]

Here's one of my all time favorites: Remember When You tried to nix the dividend idea. All follow Kruy again.....

By: kruy
30 Jun 2008, 03:38 PM EDT
Rating: Msg. 54341 of 57894
(Reply to 54331 by SupermanSeesAll)

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Dividends are not illegal, but manufacturing a short squeeze is.

The company has no revenues, and as yet, does not even have a business, and money from revenues(profits) is where dividends legally originate. That means any money for a dividend in regards BCIT would have to be injected into the company from outside of operations and business as they have no operations or business. So technically, that cannot even be considered a true dividend. The ONLY reason to inject money earmarked for a "dividend" would be to trigger a short squeeze, and that is called "manufacturing" by the SEC, and is illegal, always has been