The Golden Lounge

[MONEYMADE]

BCIT hot off the press from CEO:



Buckey - from Thomas Megas' email to me this AM...

Summary

There are only 2 legal officers of bcit. Myself as CEO and Martin Duffy as secretary.

The current issued share capital (shares printed and out approx 4,780,000(as per edgar)
august 2000. A further 24,000,000 were authorised and issued between august 2000
and december 2004. These are not out and are held in custody with the company pending
an eventual reverse merger. So effectively there are a maximum f 4,750,000 shares in
certificate form.

The press releases, When we initially discovered the bare facts of the fraud we asked Carter
Care to issue a retraction, i.e. they had not reversed into us and there was no connection.
Instead they issued an announcement as if they were still bcit. The only announcement I had ever authorised was the announcement around 12th 13th June 2005 that baldy stated that we had not reversed, not issued any new shares, and were possibly considering a deal. That was the only
announcement that BCIT ever authorised and had sight of prior to publication. (I wrote it myself)
The rest is all bullshit.

My current resident agent is Catherine Mead. My previous agent had told me sometime in may that my annual filing for the year June 2005/6 had been rejected by secretary of state Nevada because
somebody else had put himself on the Baord and removed Duffy and I. On learning of this I wrote to the state and informed them that there was a problem and that the file had to be adjusted to show the true position. At the same time I changed resident agents (there was no problem with the previous one) because my previous agent was going on holiday would be away for at least 2 weeks effectively
and I did not want to leave the positon unchallanged, this was not done out of a sense of public duty
but becuase I wanted to protect my value in bcit as I am effectively the largest shareholder in the company.

When the mess revealed itself I asked Mr Stewart Sytner a bcit shareholder to investigate and work out what had happened. He lives in New York and he came into contact with what appears now to be the
core of the offending parties and through him I had some contact with them, though at the time we were not aware of the precise nature of their involvement as they presneted themselves as people who had been duped.

Do not know blue sky solutions
do not stephanie soleas

talked to barkev kibarian on 1 occasion
He was introduced to me I think sometime in June as a pr man who would help clear the mess up
and he was associated with this mario pino you mention who I have spoken to 3 times who claimed he was duped by a man called carter. He offered with others to buy the shell (June) he wanted to put
a gold deal into it )which he offered to me to reverse into). I declined both offers and stated that
if I was paid $2,000,000 whether defined as damages or or as the price of the shell ( I did not care
which) they could have the mess which I am sure with the benefit of hindsight they are the architects of.

All of the characters whom you mention and that I have had some if only staccato contact with crawled out of the woodwork as a consequence of Mr Sytner`s digging when I started to shout and scream and the end of may/june. and
have had no knowledge of their prior existence.

Do not know Randy Saywer.


Could you please elaborate on Pino and MLON as he was introduced to me as one of the wronged parties.

BCIT does not have a current transfer agent, I contacted her myself about 8/10 days ago for
2 reasons. She has the original share register which will confirm my figures as to the 4,750,000
shares authorised and issued, and I wish to reappoint her as transfer agent as soon as I have completed the filings up to date for the company.

As to the possibilty of a reversal I am not sure whether in the current climate it is possible. I explained
to (xxxx Treespeople) that last november I had decided to bring all the fiilings and other matters up to date as I was looking to reverse in my own business here in Europe into it (my operation now has about
50,000,000 euros in hard assets, mainly property in city centre) and for that purpose I sent
$25,000 to steven feldman an accountant to commence the work to bring the filings up to date.
This was at the beginning of the year. Everything was going well until feldman informed me of
this problem in may.

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