Bancorp International Group Inc (fka BCIT)

[MONEYMADE]

BCIT STUNNING NEWS!!!!!!!!!

Posted by: treepeople
In reply to: None
Date:7/26/2005 2:07:29 PM
Post #of 1278

I just got off the phn w/ BCIT CEO Thomas Megas.

INCREADIBLE GOINGS ON!

He said BCIT is a case of corporate identity fraud... I guy walked into Nevada Filing Office, paid an $85 fee and took over control of his company -- then went on to print millions of shares...

He said o/s is under 5 million -- he did authorize more shares in 2000, but never issued them.

He didn't put out any of the recent PRs… only the Jun 13 one… see it below

This is going to be a huge mess! Somehow someone was able to print and control hundreds of millions of shares of a company they shouldn’t have had access to.

He has no LOI with anyone… company is an empty shell.
Has no interest in gold/diamond mines.

This is 100% PINKSHEETS folks. Goodness!

Good luck to all -- we'll need it!
Tree.

----------------------------------------------------------

BCIT Makes This Announcement in Order to Correct Inaccurate Statements

NEW YORK, Jun 13, 2005 (BUSINESS WIRE) -- Mr. Thomas Megas, President of Bancorp International Group Inc., trading symbol (BCIT) (Pink Sheets: BCIT), makes this announcement in order to correct inaccurate statements made previously by Carter Care Inc, its agents, representatives and others purporting to represent (BCIT) and Carter Care have completed a reverse merger.
Let it be known that (BCIT) has never entered into any agreement, neither oral nor written or ever had any contact with Carter Care or anyone associated with Carter Care prior to 4th June 2005. Also, no such agreement has been entered into since June 4th 2005. No officer of (BCIT) or any of its controlling Shareholders have been involved with Carter Care prior to 4th June 2005. Upon learning of the claimed reverse merger, (BCIT) commenced an investigation which is still ongoing. Carter Care, upon being informed of the above by (BCIT), and at the request of (BCIT) issued a statement. The purpose of this statement was to remedy the incorrect announcements that Carter Care had completed a reverse merger with (BCIT)
At no time has (BCIT) issued any statement that relates to any merger or reverse merger in the last six months. (BCIT) has not authorized nor issued any (BCIT) shares to any person or any legal entity in the last five months. Any shares issued by Carter Care are without the knowledge and authority of the board of directors of (BCIT) and its shareholders and are therefore deemed null and void and constitute no obligation or liability on (BCIT) or its shareholders.
An announcement to this effect has already been made.
(BCIT) is currently undertaking due diligence on several possibilities for a reverse merger, one of which includes Gold-Oil rights details of which are as follows. This information would not normally be released but in the present circumstances full disclosure is appropriate. There are no letters of intent related to this exercise. Compensation for damages suffered by (BCIT) is an issue and is being thoroughly pursued by (BCIT) against those whom it considers responsible.
No direct announcement was made by (BCIT) earlier because of the difficulty of ascertaining what has transpired. The inquiry is ongoing and (BCIT) will announce its conclusions as soon as possible.
Thomas Megas
President
Bancorp International Group Inc

sOURCE
http://www.investorshub.com/boards/read_msg.asp?message_id=7111551