Bancorp International Group Inc (fka BCIT)

[mretgnol]

No ditch,

or remove them as they were part of a DTCC extortion attempt

They were supposedly to cover the shares Tom and Stewart were receiving to offset their expenses with the funds they loaned to BCIT

On January 6, 2006, we issued 7,500,000 shares of our Series A Preferred to Mr. Megas as settlement of our $223,247 indebtedness owed to Mr. Megas that was incurred from 2000 through 2005. On that date, we also issued 7,500,000 shares of our Series A Preferred to Stewart Sytner in reimbursement of $232,272 of costs and expenses incurred by Mr. Sytner on our behalf from 2000 through 2005.


The holders of shares of the Series A Preferred Stock have the right, at their option, to convert the Series A Preferred into shares of our common stock at a ratio of 1 share of Series A Preferred for 100 shares of common stock[/I]


See, when you are fighting brokerages and the DTCC, the last thing you do is let your share registration lapse into default with the Nevada SOS office.


https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?lx8nvq=qOsJlTJVMStlCK2sa1Q2HQ%253d%253d

You also start filing those missing financials, which should be simple due to no operations, no more share issuances. You update your 15c-211 filing since Legacy is a joke to begin with.

You cut out any excuses those you are fighting with can use against you.