Bancorp International Group Inc (fka BCIT)

[turn2him]

the point is the deal was made with Pino(authorities knew about it), and IMO, that is why DTCC told Megas to clean up his mess including the expletive deleted moment by Sytner. and IMO because he delayed reporting to the DTCC/SEC that caused 250 million shares(backed by bogus certs) to be traded up thru mid-June 2005. Then it took til August 2005 for Megas to issue a PR(almost 45 days). And of course the dragging of feet by the SEC to halt the trading of BCIT to minimize damage done in the market by these bogus shares.

There seemed to be no urgency by Megas then(including the SEC/DTCC) to resolve issue, and thus no urgency 5+ years later.