2late:
I agree with that. The question here is how much time is reasonable to report a crime and who is responsible for making it right with the shareholders of BCIT, whether fake or real. This apparently may be handled in a court of law to be determined. But Megas is only talking with selected people(conflict of interest?) on this board, email or phone, and they seem to want to threaten everyone that disagrees with them with libel or 'are toast' statements. They do not leave any other option or possibility for people on this board to think about, which IMO is a violation of the ihub posting rules.
I was going to participate in the fund until Megas did not do what he stated he would do in a PR. It is as simple as that. He knew how much time he had to respond and if it wasn't enough time, he may have had the option to request an extension. This failure on Megas part has prompted me to ask harder questions now of the CEO, the one who has fiduciary responsibility of BCIT. It is now in black and what what the SEC required of Megas and Megas responded in black and white. SEC did what they said they would do. Megas didn't. Pretty black and white, IMO.
One on this board stated Megas is not responsible for the fake shareholders.
All this is IMO.
Time and the Creator of it are my friends