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Re: molson_ice1 post# 140272

Friday, 10/21/2011 2:36:58 AM

Friday, October 21, 2011 2:36:58 AM

Post# of 159799
If There Was The Funding BCIT or a version of it could trade in about six weeks.

It is not as simple as just getting a symbol. Lets say the conspiracy theories are correct, do you think "they" and the brokers would allow BCIT to just acquire a new symbol etc and start trading?

If our calculations are correct, then based on the last trading price of 15c the brokers have to find about $204 million, even at 1c that is $13 million.

Our aim is resurrecting BCIT and it could be done in a few weeks, but it costs money.

We looked at options and got advice from corporate formations specialists and merchant bankers and they reckoned that this could be sorted in about 3 to 6 weeks at a cost of between $350 - $500K.

There was a cheaper less sure fire way we found which would have cost about $50 to $75K.

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