Bancorp International Group Inc (fka BCIT)

[turn2him]

f1:

Yes, Megas did talk to the DTCC. That is why they are asking for so much because his delay in reporting the crime compounded the problem. Megas is to blame for the huge amount of shares into the market because if he would have reported the issue in May 2005 when he discovered the problem, the big frenzy from late July to August 2005 would not have happened. thus no major fail to delivers which resulted in 'major fake shareholders' to occur.

Megas is at fault and because he did not act with fiduciary responsibility, he allowed a mess to be created for the Indy shareholders not to mention the SEC and DTCC.