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Re: ohbull2000 post# 125584

Friday, 10/16/2009 9:25:59 AM

Friday, October 16, 2009 9:25:59 AM

Post# of 159752
ohbull, one problem.

The Securities and Exchange Commission hammers companies who knowingly try to file a bogus exemption.

In BCIT's case, Megas knows there are more than 300 shareholders of record based upon the information he received from the bogus lawsuit.

Urban Casavant made this same mistake.

Instead of looking for exemptions, all Megas has to do is file a request for an extension, show proof he is in the process of having his financials taken care of, and get these suckers filed as quickly as possible.

Don't compound a previous blunder with a new blunder.

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