2late: Interesting scenario I admit. Here is another potential scenario for you to think about? DTCC: "Mr Megas, upon when did you discover the identify theft of BCIT"? Megas: "End of April 2005(According to Janice)" DTCC: "When did you notify DTCC and/or SEC?" Megas" "I issued PR'd on Aug 1 2005" DTCC: " Why did you delay the identity theft notification"? Megas: "Pino agreed to buy BCIT for $2 million dollars". DTCC: "Did you receive any payment from Pino". Megas: "Yes I received $50,000". DTCC: " Did you report this in the filings for BCIT"? Megas: "No".