Bancorp International Group Inc (fka BCIT)

[ohbull2000]

An ***Update***...and this should be fun...

I just thought to include this comment from Megas as to the following:

From: Thomas Megas <[e-mail]>
To: xxxxxxxxxxxxxxxxxxx; thomas megas <[e-mail]>
Sent: Friday, September 11, 2009 1:15:13 PM
Subject: Check all this out...




the best ones are always written in under five minutes. I hope it will encourage others not to be intimidated by the `powers that be`


best


thomas






Time to upgrade the discussion a bit. I'm glad to read all the commentary about the delisting subject but...I'll stick with the thoughts of Megas and that lawyer cat; it was a big deal, if you get it or not.

Now, a lot has been going on, believe it or not Egor, especially this week. The Brit asked me to post the following as to his conversations, phone otherwise, with Mr. Burns, and other. You may remember a bit I posted to glaszman in regards to some archaic rules from the 1934 Act and you will see Megas mention/refer to it in the following. It points to the incredible, ludicris situation that exists in the market place today, absolutely ABSURD!(Big thx. to J for excellent research!)But that's the way it is until Congress wakes up, and that be part of the intent/frustration that you see The Brit express.

To those that think the Brit has been uninvolved, lax...nahhhhhhh..and as we enter another Phase, perhaps you will change your tune.

Everything is going forward...period. Yes, he has laid down a bit of a guantlet to Mr. Burns and we shall see if Burns is up to the challenge.

Sooooooooo...here ya go..:

From: Tom Megas <[e-mail]>
To: xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Sent: Thursday, September 10, 2009 4:36:13 PM
Subject: Fwd: BCIT Issue

you may publish this xxxxxxxxxx.



Begin forwarded message:


From: Tom Megas <[e-mail]>
Date: September 10, 2009 10:35:29 PM GMT+02:00
To: xxxxxxxxxxxxxxxxxxx, Thomas Pericles Megas <[e-mail]>
Subject: Fwd: BCIT Issue






Begin forwarded message:


From: Tom Megas <[e-mail]>
Date: September 10, 2009 10:34:14 PM GMT+02:00
To: "Burns, Kyle (Finance-Rep)" <[e-mail]>
Subject: Re: BCIT Issue




Dear Mr Burns,


As stated in my telephone conversation with you the question of filing is a red herring. I had been fully compliant in the past and been refused clearing facilities by the dtc. The DTC wants me to cover them for all the bad shares they allowed to be circulated in the market because of their negligence. DTC also do not want their brokers to pay for all the shares they have sold to investors. I have refused to cover them and that is why there is a global lock. There are many other non filed public companies that are currently being cleared by the DTC. Filing has nothing to do with the DTC`s ability to clear shares. You are obviously ignorant of what actually happens in the market place. Even if I filed the DTC would still not release the `global lock`. You seem to be totally unaware that you are dealing with a criminal organization on the one hand (DTC) and completely ignorant as to the fact that the SEC has no power over the DTC in this matter as a result of Section 19c of the 1934 Securities Exchange Act. The crux of the problem is not my filing, but the ability of the dtc racketeers and their broker clients to steal the money of ordinary investors and not provide them with what they paid for. because no one has the power to direct them to do so. Why can the DTC not do for my investors what they do everyday of hundreds of other non filing companies. They clear their shares. I am only prepared to file if I have a guarantee that the DTC is prepared to clear notwithstanding any problems they have created for themselves. I do not intend to wank either myself or my shareholders with the hope that something will `turn up` or certainly not rely on an impotent Senate Banking Committee that hangs on every word of a `toothless sec`and a racketeering dtc. One of the worst consequences of the present `siuation`is that the law as it stands allows an unregulated private monopoly to alter at its whim the capital strucure of a public company without the consent of the board of directors and its shareholders, by creating shares at will and failing to deliver them. The sanctity of a company`s capital structure does not exist in the USA. That alone warrants a Senate Hearing. I suggest you grow up, put long trousers on, and lend any intellectual equipment nature may have endowed you with to understanding what you are actually confronted with. I remain outraged.


Yours direspectfully


Thomas Megas


As stated in an email much earlier to you, there is nothing you can do about this because you do not understand it


On Sep 2, 2009, at 4:37 PM, Burns, Kyle (Finance-Rep) wrote:


Mr. Megas,

The Senate Finance Committee has been advised by both the SEC and the DTCC that your company is non-compliant and is currently delinquent in its public filings. As a result there is no current information available to prospective buyers of BCIT stock as to the company’s assets or operations.

Any assistance that the Committee could provide regarding the removal of the “Global Lock” on BCIT is rendered moot when the company is not up to date with their filings.

Any information that you could provide would be greatly appreciated.

Thank you in advance.



Kyle D. Burns
United States Senate
Committee on Finance
219 Dirksen Senate Building
Washington, D.C. 20510
ofc: 202.224.1374
fax: [phone]
[e-mail]

From: Tom Megas [mailto:[e-mail]]
Sent: Tuesday, August 04, 2009 9:44 PM
To: Burns, Kyle (Finance-Rep)
Cc: thomas megas Thomas Pericles Megas
Subject: Re: BCIT Issue


apologise for the delay in replying to your email, but am travelling at the moment, am currently in Caracas, will be going tomorrow to Singapore and then on to Australia and Papua New Guinea. I will try to call you on your office number from my mobile which is 011 44 7876354025, between flights, I will be at the Hilton Hotel in Cairns in Australia from the 9th August 2009 till the 15th should we miss each other.

Yours sincerely

Thomas Megas

Energy Source Inc (fka bcit).


On Jul 31, 2009, at 9:02 PM, Burns, Kyle (Finance-Rep) wrote:



Mr. Megas,

I believe this is the right e-mail address and if not than I apologize in advance to the recipient. I wanted to touch base with you regarding the BCIT/SEC/DTCC issue and I know that you’ve tried to call on several occasions. As you know by now, the Senate Finance Committee is looking into this issue and have spoken to the DTCC and the SEC. As in any investigation, it is a process and right now we are still in the process of receiving all pertinent information from the various government agencies involved. When that information is received we will evaluate the documentation and will conduct any material additional interviews at that time.

Thank you in advance.


Sincerely,


Kyle D. Burns
United States Senate
Committee on Finance
219 Dirksen Senate Building
Washington, D.C. 20510
ofc: 202.224.1374
fax: [phone]
[e-mail]