Bancorp International Group Inc (fka BCIT)

[XV19]

I think the war will simply be this: HOW do you prove you've been 'damaged"?

I honestly think that ANY judge looking at all the facts will indeed see the massive abuse, naked shorting, blah blah blah...BUT...

the simple fact: BCIT has NO revenue. NO Profits. No Product. NO NOTHING. It's a shell with no assets. There's nothing to prove that shareholders lost out on any potential profits, because there is no P/E Growth, revenue, projections, P&L Statements, etc.

IF this ever gets in front of a judge, it would be VERY obvious to him/her where the abuses are..But,proving damages would be impossible You could hope for a sympathetic jury, vendictive judge wishing to 'punish the system', etc...BUT..let's be honest with each other..On the Scale of Shit That's Wrong With The Market, BCIT is but a tiny grain of sand, quite indicative of HOW f'd it is, but, minute. (Madoff, et. al. come to mind).

. I very much see a scenario where a judge tells the brokers to REFUND your original purchase money, WITH Interest for the years your money was tied up (as if it were in a Money Market Account). We did indeed purchase something that was never delivered (and obviously can NOT be delivered). Some feel we're 'entitled' to more...Some don't.